Rishi Sunak net worth
Current Net Worth – $830 Million (USD – 83 Crores), (Rupees – 6.8 Thousand Crores)
Rishi Sunak short biography
|Net Worth||$830 Million|
|Born||May 12, 1980 (Age – 42)|
|Identified as||British Politician|
|Status||Prime Minister of United Kingdom|
|Education||Winchester College, Lincoln College, Oxford (BA), Stanford University (MBA)|
|Residence||10 Downing Street, London; Chequers, Aylesbury; Kirby Sigston Manor, Kirby Sigston, North Yorkshire|
|Spousal status||Married (Akshata Murty M. 2009)|
Rishi Sunak has a net worth of $830 Million (Rupees – 6,812 Crores) and is a British politician who has served as Prime Minister of the United Kingdom and Leader of the Conservative Party since October 2022.
Since October 2022, British politician Rishi Sunak has held the positions of Prime Minister of the United Kingdom and Leader of the Conservative Party.
Sunak has been a Member of Parliament (MP) for Richmond (Yorks) since 2015.
He previously held the positions of Chancellor of the Exchequer from 2020 to 2022 and Chief Secretary to the Treasury from 2019 to 2020.
Sunak was elected to the House of Commons for Richmond in North Yorkshire at the 2015 general election, succeeding William Hague.
Sunak supported Brexit in the 2016 referendum on EU membership. He was appointed to Theresa May’s second government as Parliamentary Under-Secretary of State for Local Government in the 2018 reshuffle.
Sunak was chosen without opposition to lead the Conservative Party after Truss resigned amid yet another cabinet crisis. On October 25, 2022, he was named prime minister, making history by being the first Hindu and British Asian to hold that post.
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Rishi Sunak biography
|Full Name||Rishi Sunak|
|Birthplace||Southampton, Hampshire, England|
|Height||5.6 feet, 170 cm|
|Father-in-law||N. R. Narayana|
Sunak was born on May 12, 1980, in Southampton, Hampshire, to Yashvir and Usha Sunak, Indian Punjabi Hindus of African origin.
Usha Sunak, who was born in Tanganyika (which later became part of Tanzania), is currently the director and pharmacist at the Sunak Pharmacy in Southampton and holds a degree from Aston University.
Yashvir Sunak was born and raised in the Colony and Protectorate of Kenya (current-day Kenya) and is a general practitioner (GP) in the National Health Service (NHS).
Of his three siblings, he is the oldest. His sister Raakhi (Williams) works in New York at the worldwide fund for education in crises of strategy and planning, while his brother Sanjay is a psychotherapist.
His grandfathers moved to the UK in the 1960s with their family after being born in the Punjab area of British India. Ramdas Sunak, his paternal grandpa, emigrated to Nairobi in 1935 to work as a clerk. His wife Suhag Rani Sunak followed him from Delhi in 1937.
Ramdas Sunak was originally from Gujranwala, which is now in Pakistan. Raghubir Sain Berry MBE, his maternal grandfather, was a tax officer in Tanganyika and had three children with 16-year-old Sraksha, who was born in Tanganyika.
The family relocated to the UK in 1966, with the money raised by Sraksha selling her wedding jewelry.
As a collector, Raghubir Berry was named a Member of the Order of the British Empire (MBE) in the UK’s 1988 Birthday Honours list after joining the Inland Revenue.
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Sunak went to Winchester College, a boys’ independent boarding school, where he was head boy, and Stroud School, a prep school in Romsey.
During his summer vacation, he worked as a server at a curry restaurant in Southampton.
He earned a first-class degree in 2001 after studying Philosophy, Politics, and Economics (PPE) at Lincoln College in Oxford.
He worked as an intern at the Conservative Campaign Headquarters when he was a student.
He received his MBA from Stanford University in 2006 as a Fulbright scholar there.
Between 2001 to 2004, Sunak worked as an analyst for the financial institution Goldman Sachs.
After that, he worked at the Children’s Investment Fund Management, a hedge fund management company, where he was made a partner in September 2006.
He departed in November 2009 to work with former coworkers at Theleme Partners, a new hedge fund company that opened in October 2010 and has $700 million under management. Patrick Degorce served as his supervisor at both hedge funds.
Between 2013 and 2015, he served as a director of Catamaran Ventures, an investment company controlled by his father-in-law, the Indian entrepreneur N. R. Narayana Murthy.
Early political career
In October 2014, Sunak won the Conservative primary against Wendy Morton to become their nominee for Richmond (Yorks). William Hague, a former party leader, first secretary of state, and foreign secretary, previously held the position.
The position has been held by the party for more than a century and is one of the safest Conservative seats in the United Kingdom. Sunak co-authored a study on BME communities in the UK while serving as the head of the Black and Minority Ethnic (BME) Research Unit at the center-right think tank Policy Exchange in the same year.
At the general election in 2015, he won the district’s MP seat with a majority of 19,550 (36.2%). He served on the Environment, Food, and Rural Affairs Select Committee from 2015 to 2017.
When the United Kingdom voted to leave the European Union in June 2016, Sunak was in favor of Brexit.
At the general election in 2017, Sunak won re-election with a larger margin of 23,108 (40.5%).
Sunak backed Boris Johnson in the June 2019 contest for the leadership of the Conservative Party, and he co-authored an article for The Times with other lawmakers Robert Jenrick and Oliver Dowden to promote Johnson.
Principal Treasury Secretary
On July 24, 2019, Prime Minister Boris Johnson named Sunak as the chief secretary to the Treasury, reporting to Chancellor Sajid Javid. The next day, he was admitted to the Privy Council.
In the general election of 2019, Sunak won with a larger margin of 27,210 (47.2%). Sunak represented the Conservatives in the seven-way election debates on both BBC and ITV during the election campaign.
NFTs and cryptocurrencies
Despite concerns from the Bank of England regarding the technology’s financial soundness, Sunak was pressing forward as chancellor with a new law that would allow stablecoins to be used for regular payments. Sunak gave the Royal Mint an order in April 2022 to design a non-fungible token (NFT) backed by the UK government that would be released by the end of the summer.
United Kingdom’s Prime Minister (2022–present)
On October 25, 2022, King Charles III named Sunak as the country’s prime minister, making him the country’s first Hindu and British Asian leader.
On October 25, 2022, Sunak began choosing his government. As Deputy Prime Minister, Secretary of State for Justice, and Lord Chancellor, he nominated Dominic Raab. James Cleverly was reappointed as the foreign secretary, while Sunak reappointed Jeremy Hunt as the Chancellor of the Exchequer. Sunak appointed Nadhim Zahawi to lead the Conservative Party and Suella Braverman to serve as home secretary.
Rishi Sunak income model
|Monthly Income||$2 Million+ (Rupees – 16 Crore+)|
|Yearly Income||$30 Million+ (Rupees – 246 Crore+)|
Private & early life
Hindu Sunak took his oath of office in the House of Commons based on the Bhagavad Gita.
He wed Akshata Murty, the daughter of Infosys’s founder and Indian technology mogul N. R. Narayana Murthy, in August 2009. Murty is one of the richest women in Britain since she has a 0.91% interest in Infosys, which will be worth nearly $900 million (£746 million) in April 2022.
At Stanford University, Sunak and Murty met and got married. They have two kids. Murty serves as a director for Catamaran Ventures, her father’s investing company.
They also possess a mews home in Earl’s Court, central London, a flat on Old Brompton Road, South Kensington, and a penthouse apartment on Ocean Avenue in Santa Monica, California, in addition to Kirby Sigston Manor in the North Yorkshire town of Kirby Sigston. Sunak abstains from alcohol.
Due to his extensive Coca-Cola drinking when he was younger, he has admitted to being an addict and currently needs seven-tooth fillings. He has served as the East London Science School’s governor in the past. Sunak enjoys cricket, tennis, and horse racing. He also has a Labrador named Nova.
Sanjay, Sunak’s brother, practices psychology. At Education Cannot Wait, the worldwide fund for education run by the United Nations, his sister Raakhi serves as the Chief of Strategy and Planning. James Forsyth, the political editor of The Spectator, and Sunak had been friends since they were in school.
Sunak served as Forsyth’s best man during his marriage to writer Allegra Stratton, and the two are godparents to one another’s kids. Sunak and Murty were said to have relocated from 11 Downing Street to a freshly renovated West London property in April 2022.
With an estimated total worth of £730 million, Sunak and Murty were ranked as the 222nd and 243rd wealthiest individuals in the UK, respectively, in the Sunday Times Rich List 2022. Sunak was therefore the “first frontline politician to join the rich list.”