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Although the Wetherspoons king backed Brexit Party leader Nigel Farage – who did not garner a single seat in the election – Mr Johnson’s win provided Mr Martin with a surprising boost to his bank balance. The stock market soared after the election result, which saw shares in the popular pub chain rise by nearly 10 percent.
Mr Martin’s 32 percent stake in his own company is now worth a staggering £531million.
On Thursday night, his company was worth $487million but since Mr Johnson’s election win, the Brexiteer saw his fortune jump by £44million.
Buying a Wetherspoons share will now cost 1,619p, up from 1,482p the day before.
Mr Martin has become one of the few outspoken businessman to support Brexit.
His controversial stance has put him at odds with the majority of other companies in the UK, who have continued to urge the Government to provide clarity on a future relationship with the EU.
The Brexiteer has used his Wetherspoons magazine to put forward his case for Brexit.
The pub group has also spent a staggering £94,856 on Brexit beer mats and other publications.
Mr Martin also said he will be removing some EU drinks from his pubs’ menus.
But popular tipples like Prosecco from Italy and Guinness from Ireland are expected to continue.
More to follow…
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