MARTIN LEWIS is an English financial journalist who founded MoneySavingExpert.com.
But why did the journalist and financial expert receive a CBE?
Why does Martin Lewis have a CBE?
On October 10, 2022, Martin tweeted that he had been asked to return his OBE – the award given to him in 2014.
However, he revealed that it was because he received an even higher honor.
He wrote“They’re taking away my OBE! Yes, I got a letter saying now I’ve been promoted to a CBE, I have to fire the OBE. So here we go.”
Martin explained to his followers that he had been promoted from British Empire officer to commander, joking that this is how he would now like to be called.
The TV journalist explained that he actually received the CBE “some time ago” from King Charles, then known as Prince Charles.
He was awarded the Queen’s New Year Honors for his contribution to broadcasting and consumer rights.
In 2021, The Sunday Times Rich List estimated his net worth at £123million.
Why is a CBE awarded?
CBE stands for Commander of the Order of the British Empire.
The CBE is the highest order of the British Empire price, other than Knighthood’s/Damehoods.
The price is higher than that of MBEs and OBEs.
The UK government website states: “This is awarded for having a leading but lesser role at national level, or a leading role at regional level.”
“You can also get one for distinguished and innovative contribution in any field,” he continues.
You can nominate someone for an honor or an award and it will be decided by the honors committee.
What are Martin Lewis’ qualifications?
The financial journalist studied government and law at the London School of Economics and went on to earn his postgraduate degree in broadcast journalism at Cardiff University.
He then became Governor of the LSE in 2008.
Martin received an OBE in 2014 for his services to consumer rights and charitable services through the MSE Charity Fund.
He was then promoted to CBE in 2022.
On October 13, 2022, the financial expert won the National Television Award for Best TV Expert.
It won over beloved nominees including Sir David Attenborough.