Gordon Brown Net Worth

Five years later, he entered the Shadow Cabinet as Shadow Secretary of State for Trade, and then he was promoted to Shadow Chancellor of the Exchequer in 1992. The 2007 victory of the Labour’s party made him Chancellor of the Exchequer, a position that he held for 10 years and thus became the longest-serving holder of that office in modern history. It was the same year, when Brown stepped into Tony Blair’s shoes both as Prime Minister and Labour Leader following his resignation from the both positions. Brown was chosen to replace Tony in an uncontested election. After his three-year-turn, Gordon Brown officially resigned as Prime Minister and Leader of the Labour Party on May, 11, 2010. He played a large role in the Scottish Independence referendum of 2014.