The late Jack Layton is a Canadian politician as an estimated net worth of $5.5. Being the most successful leader of the New Democratic Party (2003-2011) has contributed to his net worth.
Born in Montreal and raised in Hudson, Quebec Layton is the son of Conservative MP Robert Layton. He had his first taste of politics when Layton was elected as student council president in his high school. Layton then attended McGill University where he graduated with an Honours BA in Political Science. During the time of study, he was the Prime Minister of Quebec Youth Parliament.
Layton's family moved to Toronto the same year he graduated from McGill. The following year, Layton graduated from York University with a PhD in Political Science. He would later become a professor at Ryerson, York and University of Toronto.
Whilst at Ryerson and York, Layton developed strong relationships with prominent figures in Toronto. This led to his first election to Toronto City Council in 1982. He was quickly recognised as one of the most outspoken members of the council and a left-wing leader. He was one of the first to advocate rights for AIDS patents.
In 1985, Layton moved to Metropolitan Toronto council and by the 1988 Municipal electrons, he traded places with Dale Ally – Ally moved to Metropolitan and Layton returning to Toronto Council City.
In 1991, Layton put himself forward to become the major – but that move was unsuccessful. In 2003, he was elected as leader of NDP. Layton was about to make history.
Under his leadership, the party grew in popularity, gaining seats in 2004, 2006 and 2008 electrons. In the May 2011 election, Layton led the NDP to a record number of seats in the House of Commons (103 from 37). Layton was the first NDP leader to become the opposition leader.
It goes without saying that Layton was the driving force behind the recent success of the party, making him the most notable political leader in the party's 50 year history.
Just months after achieving his biggest triumph, Jack Layton died of cancer on 22 August 2011 at the age of 61.