Close X
Friday, November 29, 2024
ADVT 
International

Rishi Sunak, Akshata Murty's combined fortune double of King Charles III

Darpan News Desk IANS, 25 Oct, 2022 01:56 PM
  • Rishi Sunak, Akshata Murty's combined fortune double of King Charles III

London, Oct 25 (IANS) Rishi Sunak, who will on Tuesday become the UKs 57th Prime Minister, is richer than King Charles III and, at 42, younger than every predecessor except William Pitt the Younger, the media reported.

Sunak will also be the UK's first ever person of colour to lead the country, and first Hindu Prime Minister, The Guardian reported.

He was born in Southampton in 1980 to Indian parents who had moved to the UK from east Africa. His father was a general practioner and his mother ran her own pharmacy.

The eldest of three children, Sunak was educated at a private boarding school, Winchester College, which costs 43,335 pounds a year to attend. He was head boy, and has in recent years made multiple donations to the school.

Sunak went on to study politics, philosophy and economics at the University of Oxford. He was awarded a first-class degree. He later gained an MBA at Stanford University, where he met Akshata Murty, his future wife, but where few others remember him, The Guardian reported.

Murty, 42, is the daughter of the Indian billionaire NR Narayana Murthy, often described as the Bill Gates of India, who founded the software company Infosys.

According to reports, his daughter has a 0.91 per cent stake in the company, worth about 700 million pounds.

The couple married in her home town of Bengaluru in a two-day ceremony in 2009 attended by 1,000 guests. They have two daughters, Krishna and Anoushka.

In April this year, it emerged that Murty was a non-domiciled UK resident, meaning she avoided UK taxes on her international earnings in return for paying an annual charge of 30,000 pounds.

Without that non-dom status she could have been liable for more than 20 million pounds of UK taxes on these windfalls, it was reported.

After a public outcry, her spokesperson announced she would start paying UK taxes on her overseas earnings to relieve political pressure on her husband, The Guardian reported.

Still, Sunak and Murty's combined fortune is estimated to be 730 million pounds, double the estimated 300 million-350 million pounds wealth of King Charles III and Camilla, Queen Consort.

They own four properties spread across the world and valued at more than 15 million pounds, The Guardian reported.

MORE International ARTICLES

Ukraine crisis leaves parents of TN students worried

Ukraine crisis leaves parents of TN students worried
There are an estimated 25,000 Indian students in Ukraine alone who are pursuing medicine, engineering, and science courses. More than 2,500 students from Tamil Nadu are estimated to be studying in Ukraine.

Ukraine crisis leaves parents of TN students worried

IAF ready to airlift stranded Indians from Ukraine: MEA

IAF ready to airlift stranded Indians from Ukraine: MEA
The Foreign Secretary stated that External Affairs Minister S. Jaishankar has spoken to his Polish, Romanian, Hungarian, and Slovakian counterparts for setting up a camp at border areas for evacuation of stranded Indian nationals. He also stated that flight options are available through Dubai and Istanbul and that the Indian Embassy continues to be operational in Ukraine.

IAF ready to airlift stranded Indians from Ukraine: MEA

Situation tense, uncertain: Indian envoy in Ukraine tells stranded nationals

Situation tense, uncertain: Indian envoy in Ukraine tells stranded nationals
The Ministry of External Affairs in touch with all the neighbouring countries surrounding Ukraine to even evacuate Indian citizens. Many citizens who were to fly back to India were left at the airport after closure of Ukrainian airspace following Russia's Vladimir Putin announcement of a military operation in Ukraine.

Situation tense, uncertain: Indian envoy in Ukraine tells stranded nationals

Running out of food & money, Indian students queue up outside Embassy in Kiev

Running out of food & money, Indian students queue up outside Embassy in Kiev
Amidst the prevailing tension, the Indian students stranded in Ukraine are left with no choice but to queue up outside the Indian Embassy in Kiev seeking the authorities' help as they ran out of food and money. The Russian military actions in Ukraine have triggered panic among all sections, including students from India.

Running out of food & money, Indian students queue up outside Embassy in Kiev

Windows in apartment blocks in Kharkiv shaking due to constant blasts

Windows in apartment blocks in Kharkiv shaking due to constant blasts
Clashes have also been taking place around the capital Kiev in the north and the Black Sea port cities of Odesa and Mariupol in the south, the report said. Air strikes from Russia have been carried out on Ukrainian military bases and airports, with fierce fighting reported around a key airport near Kiev.

Windows in apartment blocks in Kharkiv shaking due to constant blasts

University of Texas student, Jaskaran Singh, wins the Jeopardy College Championship

University of Texas student, Jaskaran Singh, wins the Jeopardy College Championship
The top of the Tower shone bright with a burnt orange top Tuesday, February 22, 2022 to celebrate student Jaskaran Singh’s victory in the “Jeopardy! National College Championship" shared the university's website.     

University of Texas student, Jaskaran Singh, wins the Jeopardy College Championship