Rishi Sunak, Akshata Murty's combined fortune double of King Charles III
Darpan News Desk IANS, 25 Oct, 2022 01:56 PM
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.
Students at the Ternopil Medical University in Ukraine capital Kyiv are in constant touch with the Indian Embassy. The varsity is also extending assistance to the students. There are around 20,000 Indian nationals in Ukraine. Most of them are medical students.
The announcement marks this week's one-year anniversary of a supply chain review that found the U.S. is overly dependent on foreign sources, especially China.
Court documents allege there were also two undocumented Indian nationals in the van, along with snacks and provisions. Not far away, in southern Manitoba, RCMP and border officials discovered four frozen bodies, later identified as a couple and their two children from India, who investigators believe were part of a larger group making their way to the United States.
Around 20 medical students from Bareilly and Rampur district are stuck in Ukraine, following border tension with Russia. They want the government of India to evacuate them, according to family members. There are currently around 50 students from Bareilly studying in Ukraine.
The flight ticket prices have risen from Rs 50,000 to over Rs 70,000 and the students say it is this financial hurdle that is forcing them to stay put despite the advisory by the Indian government. On normal days, the flight tickets would cost Rs 21,000-Rs 26,000. But now, due to the Russia-Ukraine tensions, the rates have jacked up.
Former Amazon employee Rohit Kadimisetty has been sentenced to 10 months in prison with a fine of $50,000 for a fraud and bribery scheme targeting the e-commerce giant's online Marketplace. The US Department of Justice (DoJ) said in a statement that Kadimisetty, 28, of Northridge, California, pleaded guilty to conspiracy in September 2021.
