Rishi Sunak will be the next prime minister of the UK after Liz Truss’ historical forty-four days in office and her resignation from leadership. By his side is his wife, Akshata Murthy, a fashion designer and millionaire. She is the daughter of N. R. Narayana Murthy, the Indian billionaire and businessman who founded Infosys.
The two initially met while studying at Stanford and, in 2009, decided to tie the knot in a two-day wedding in Bangalore. As of 2022, Sunak and Murthy are the 222nd richest people in Britain with a combined fortune of £730 million.
Murthy is the head of fashion label Akshata Designs and is also a director of a venture capital firm founded by her father in 2010.
Her love and passion for clothes began at a very young age, as she told Vogue India in 2011, adding, “I’m about the story behind a particular garment, its authenticity, craftsmanship and protecting a rich heritage.”
What is Akshata Murthy’s net worth?
Murthy’s estimated net worth according to The US Sun is £1.06 billion while Rishi has an estimated net worth of £200 million.
The couple own a minimum of four properties, including a £7 million house in Kensington, where they live with their two children, Krishna and Anoushka, according to The Times.
The fashion designer is said to have 0.91 percent shares in her family’s tech firm worth £430 million. These assets make Indian-born Murthy richer than the Queen, who had an estimated net worth of £500 million.
Another major investment her family is part of is the joint venture with Amazon worth £900 million a year. The family also owns shares in the firm running Jamie’s Italian and the burger chain Wendy’s in India.
Who is Rishi Sunak?
Born in Southampton to parents of Indian descent who migrated to Britain from East Africa in the 1960s, Sunak studied philosophy, politics, and economics (PPE) at Lincoln College, Oxford, and later gained an MBA from Stanford University in California as a Fulbright Scholar.
After graduating from Stanford, he worked for Goldman Sachs and, later on, as a partner at the hedge fund firms The Children’s Investment Fund Management and Theleme Partners.
Sunak was elected to the House of Commons in the 2015 general election and, in 2016, supported Brexit in the 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.
After May resigned, Sunak supported Boris Johnson’s campaign to become Conservative leader. When Johnson was elected and appointed prime minister, he appointed Sunak as Chief Secretary to the Treasury.
In February 2020, Sunak became Chancellor of the Exchequer and is soon to be the UK’s next prime minister following Liz Truss’ resignation on October 20th.
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