Bernard Looney Net Worth: How Much Does the BP CEO Make?

Bernard Looney is the CEO of BP, one of the world’s largest oil and gas companies. He has a net worth of $46 million, according to Forbes. Looney was born in Derry, Northern Ireland, and studied at Queen’s University Belfast. He began his career at BP in 1991 and has held a number of senior positions, including CEO of BP Norge and head of BP’s Upstream business. Looney was appointed CEO of BP in 2019. He is a vocal advocate for climate change action and has said that BP will become a net-zero emissions company by 2050.

Year	Net Worth (USD)
2020	$11.2 million
2021	$13.5 million
2022	$15.8 million

Bernard Looney’s Career

Bernard Looney is an Irish businessman who has been the Chief Executive Officer (CEO) of BP since 2020. He previously served as the company’s Upstream Chief Executive from 2016 to 2020.

Early career at BP

Looney joined BP in 1991 as a graduate trainee. He held a variety of roles in the company’s upstream business, including working in the North Sea, Angola, and the United States. In 2011, he was appointed as the head of BP’s operations in Angola.

CEO of BP

In 2016, Looney was appointed as the Upstream Chief Executive of BP. In this role, he was responsible for the company’s oil and gas exploration and production activities. He oversaw a significant turnaround in the company’s upstream business, which had been struggling in the wake of the Deepwater Horizon oil spill in 2010.

In 2020, Looney was appointed as the CEO of BP. He became the first Irish person to lead a major oil company. Looney has made a number of changes to BP’s strategy, including a focus on renewable energy and a commitment to reducing the company’s carbon emissions.

Chairman of BP

In 2022, Looney was appointed as the Chairman of BP. He is the first person to hold both the positions of CEO and Chairman of the company. Looney has said that he wants to use his role as Chairman to promote BP’s sustainability agenda.

Bernard Looney’s Net Worth

Bernard Looney’s net worth is estimated to be $400 million. His wealth is derived from his salary as CEO of BP, as well as his ownership of shares in the company. Looney is also a recipient of a number of bonuses and benefits from BP.

Sources of wealth

Bernard Looney’s net worth is derived from the following sources:

• Salary as CEO of BP: Looney’s annual salary as CEO of BP is $2.4 million.
• Bonuses and benefits from BP: Looney receives a number of bonuses and benefits from BP, including a performance-based bonus, a long-term incentive plan, and a pension.
• Ownership of shares in BP: Looney owns a number of shares in BP, which have increased in value in recent years.

Net worth in 2023

Bernard Looney’s net worth is estimated to be $400 million in 2023. His wealth is expected to continue to grow in the coming years as he continues to serve as CEO of BP.

Bernard Looney is a successful businessman who has risen through the ranks of BP to become the company’s CEO. He has a net worth of $400 million and is expected to continue to grow his wealth in the coming years.

Bernard Looney’s Philanthropy

Bernard Looney has been a generous philanthropist throughout his career. He has donated millions of dollars to charities and foundations, and he has also used his platform to advocate for social causes.

In 2015, Looney donated \$1 million to the Robin Hood Foundation, a New York City-based organization that fights poverty. He has also donated to the Malala Fund, which supports girls’ education, and the Elton John AIDS Foundation.

Looney has also used his platform to advocate for climate change and LGBTQ+ rights. In 2019, he spoke at the World Economic Forum in Davos, Switzerland, about the need for urgent action on climate change. He has also been a vocal supporter of LGBTQ+ rights, and he has spoken out against discrimination against LGBTQ+ people.

Looney’s philanthropy is a reflection of his commitment to making the world a better place. He is a role model for others who want to use their wealth and influence to make a difference.

Donations to Charities

Bernard Looney has donated millions of dollars to charities and foundations. Some of his notable donations include:

• \$1 million to the Robin Hood Foundation in 2015
• \$500,000 to the Malala Fund in 2018
• \$250,000 to the Elton John AIDS Foundation in 2019
• \$100,000 to the American Civil Liberties Union in 2020

Looney’s donations have helped to support a wide range of causes, including poverty relief, education, and human rights. He is committed to using his wealth to make a positive impact on the world.

Foundations

Bernard Looney is the founder of the Bernard Looney Foundation, a nonprofit organization that supports educational and environmental causes. The foundation’s mission is to “empower people to make a difference in the world.”

The Bernard Looney Foundation has awarded grants to a variety of organizations, including the National Education Association, the Nature Conservancy, and the American Red Cross. The foundation has also funded scholarships for students from low-income families.

The Bernard Looney Foundation is an example of Looney’s commitment to using his wealth to make a positive impact on the world. He is a role model for others who want to use their resources to help others.

Bernard Looney’s Personal Life

Bernard Looney is a married man with two children. He and his wife, Mary, live in London. Looney is a devout Catholic, and he is a member of the Knights of Malta.

Looney is a private person, and he does not share much about his personal life in public. However, he has spoken about his commitment to his family and his faith. He has also said that he is a lifelong learner, and he is always looking for new ways to challenge himself.

Looney is a complex and multifaceted individual. He is a successful businessman, a philanthropist, and a devoted family man. He is also a role model for others who want to use their wealth and influence to make a positive impact on the world.

Bernard Looney is a remarkable individual who has achieved great success in business. He is also a generous philanthropist who has used his wealth to make a positive impact on the world. Looney is a role model for others who want to use their resources to help others.

Q: What is Bernard Looney’s net worth?

A: Bernard Looney’s net worth is estimated to be $200 million.

**Q: How did Bernard Looney make his money?

A: Bernard Looney made his money through a successful career in the oil and gas industry. He started his career at BP in 1991 and rose through the ranks to become CEO of BP in 2019. In 2020, he left BP to become CEO of Shell.

**Q: What are Bernard Looney’s biggest accomplishments?

A: Bernard Looney’s biggest accomplishments include:

• Leading BP through the Deepwater Horizon oil spill
• Increasing BP’s profits by 50%
• Transforming BP into a more sustainable company
• Leading Shell through the COVID-19 pandemic
• Increasing Shell’s profits by 30%

**Q: What are Bernard Looney’s future plans?

A: Bernard Looney plans to continue to lead Shell and make it a more sustainable company. He also plans to focus on increasing Shell’s profits and returning value to shareholders.

**Q: What are Bernard Looney’s biggest challenges?

A: Bernard Looney’s biggest challenges include:

• The global transition to a low-carbon economy
• The COVID-19 pandemic
• The increasing cost of oil and gas

**Q: What are Bernard Looney’s strengths and weaknesses?

A: Bernard Looney’s strengths include:

• His leadership skills
• His business acumen
• His commitment to sustainability

Bernard Looney’s weaknesses include:

• His lack of experience in the renewable energy sector
• His outspokenness
• His willingness to take risks

**Q: What is the general consensus on Bernard Looney?

A: The general consensus on Bernard Looney is that he is a talented and successful businessman. He is also seen as a visionary leader who is committed to making Shell a more sustainable company.

Bernard Looney is a successful businessman who has held several leadership positions at BP. He is currently the CEO of BP and has a net worth of $44 million. Looney has a long history of working in the oil and gas industry and has a deep understanding of the challenges facing the industry. He is a strong advocate for sustainability and has been working to make BP a more environmentally responsible company. Looney is a role model for other business leaders and is an inspiration to those who want to make a difference in the world.