Rishi Sunak Net Worth 2022: Rishi Sunak Net Worth: The troubles of Britain’s ruling Conservative Party are only increasing, as after the resignation of Liz Truss, there is uncertainty about the post of party leader and prime minister. Meanwhile, the members choice remains the Indian-origin British and former chancellor Rishi Sunak. He finished second in last month’s election, had predicted an economic crisis due to the short budget of the Liz Truss.
Between an impressive real estate portfolio and a thriving career in finance – Britain’s new prime minister is believed to be the wealthiest to hold a parliamentary position. In fact, he and his wife Akshata Murthy reportedly boast a collective fortune greater than that of King Charles III. Here’s a look at Rishi Sunak’s net worth.
The most powerful person in the United Kingdom at the moment – Rishi Sunak has made it to the headlines for many firsts. He’s the country’s first non-christian Prime Minister of colour who also happens to be the youngest in 210 years. However, the most talked about aspect of his new position is the fact that he’s officially the wealthiest occupant of Number 10 Downing Street.
In such a situation, he is now considered a strong contender for 10 Downing Street. Rishi Sunak, 42, was the Finance Minister of the country till July this year. It was only after his resignation that a rebellion started in the party against the then Prime Minister Boris Johnson and many ministers resigned from their posts.
Rishi Sunak Net Worth 2022
After his resignation, Boris Johnson also had to step down from the post of Prime Minister. In the race for the leadership that lasted for several weeks, party MPs elected Rishi Sunak and Liz Truss for the post of Prime Minister. Thousands of members of the party had to choose between these two. Liz Truss gained the support of more members and became Prime Minister, and Sunak was defeated.
The former finance minister and investment banker has been a consistent name in Britain’s richest people lists – courtesy of the fortune held by his wife Akshata Murthy – daughter of N.R Narayana Murthy of the tech giant Infosys fame. While the two haven’t commented personally on this, reports credit real estate as well as other investments for this
Rishi Sunak’s net worth
Together, Rishi Sunak and Akshata Murthy hold a collective net worth of about USD 810 million (Rs 6,661 crores approximately) – greater than that of the monarch in Buckingham Palace (USD 500 million, Rs 4,112 crores).
Infosys connection
Infosys’ net worth alone is estimated in a report by Forbes to be around USD 4.5 billion (Rs 37,065 crores approx.). Murthy, 42, owns about 0.93 percent stake in the IT firm, which amounts to USD 715 million (Rs 5,890 crores approx.) This makes for the largest part of their combined fortune. Headquartered in Bangalore, the company provides outsourcing, business consulting, and information technology services.
Real estate investments
As per multiple news sources, the couple owns four homes across the United Kingdom and Canada. The largest of these is the 19th-century, heritage mansion Manor House in North Yorkshire which cost them about USD 2.3 million (Rs 18 crores approx.). Of late, the two have come under scrutiny for spending over USD 450,000 (Rs 3 crores approx.) to build a leisure centre with a 40-foot swimming pool, gym, and outdoor tennis court in the property.
Their other main residence a four-bedroom space in upscale Kensington which cost USD 7.1 million (Rs 58 crores approx.).These aside, Sunak owns an apartment in South Kensington, which he’d bought for about USD 300,000 (Rs 2 crores approx). In the US – California to be specific – the couple owns a penthouse in Santa Monica that’s valued at USD 7.5 million (Rs 61 crores approx.). Combined, their real estate portfolio is worth about USD 18.3 million (150 crores approx.)
Other assets
Besides these – Murthy owns venture capital firm Catamaran Ventures UK worth USD 4 million (Rs 32 crores approx.) Sunak owned about 50 percent of the company until he transferred his shares over to his wife before entering the parliament. Today, the company has reportedly invested in Qatar royal family-backed investment firm dara5, MRI scanner manufacturer Hallmarq, Elon Musk’s SpaceX, social news aggregation site Reddit, and gaming company Loco. Murthy also holds a 5 percent stake in International Market Management, which owns Immassociates Mauritius – the name behind four Wendy’s in New Delhi as well as 11 franchises of Jamie Oliver’s restaurants in India. She owns a large portion of the couple’s wealth.
Salary as the British Prime Minister
Sunak’s earning through his career in finance is largely shrouded in mystery. However, as a member of the parliament he earned about USD 95,000 (Rs 78 lakh approx.) This increases to over USD 185,000 (Rs 1.5 crore approx.) as the British Prime Minister.
In a report by Reuters, he was asked how he could relate to the public considering his personal wealth was greater than that of the monarch. He noted, “I think in our country, we judge people not by their bank account, we judge them by their character and their actions. And yes, I’m really fortunate to be in the situation I’m in now, but I wasn’t born like this.”
He further added, “My parents worked really hard to provide me with all these opportunities. I’m not going to apologise for what they did for me. And in fact, that’s why I want to do this job because I want to provide those opportunities for everyone else.”
Who is Rishi Sunak ? – His Bio
Rishi Sunak was born on 12 May 1980 in England and his mother’s name was Usha Sunak and father’s name was Yashveer Sunak. He is the eldest of three siblings. His grandparents were residents of Punjab. In 1960, he moved with his children to East Africa and from here his family reached England. Rishi’s wife Akshata Murthy is the daughter of well-known industrialist and Infosys co-founder Narayan Murthy. Rishi Sunak’s political career in England has been very spectacular. He has two daughters and there names are Anushka Sunak and Krishna Sunak.
Rishi Sunak did his early education from England and completed his further studies from Oxford. In 2006, he also received an MBA degree from Stanford University. He met Akshata Murthy while pursuing MBA at Stanford University and here the love between the two flourished. In 2009, he married Akshata in Bangalore. His wife also runs her own fashion brand in England and today she is one of the richest women in England.
Rishi Sunak’s connection with India
As we already told you that Rishi Sunak’s ancestors were from India only. Rishi Sukan is the son-in-law of Narayan Murthy, a businessman from India. His father in-law is the mentor of world’s famous technology company Infosys.
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