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Britain’s new prime minister, Rishi Sunak, 42, is one of the wealthiest people in the country, at least twice as wealthy as the King of England.Former investment banker goldman sachs He is also married to Indian tech heiress Akshata Murthy, daughter of Narayana Murthy.
Most of his personal fortune comes from being a partner in two highly profitable hedge funds. In fact, he was already a millionaire in his twenties. His wife owns a 0.93% stake in Infosys, worth £690m, according to Mint.
Sunday Times Rich List estimates his fortune at £730 million. According to The Guardian, he is the first frontline politician to make the annual list.
Sunak currently owns four properties around the world worth over £15m. The couple owns four homes, two in London, one in Yorkshire and one in Los Angeles. Their home in Los Angeles is a penthouse overlooking the beach.
Being rich also has its downsides. For Sunak, a brand new pool and £14,000 a year in heating costs are a problem.
In addition to this, according to newspaper reports earlier this year, his wife, who is still an Indian citizen, had no UK address and was not liable to pay taxes. In fact, her domicile saved her about £20m in taxes on dividends from her Infosys shares.
Adding insult to injury, Yahoo! News also reported that Sunak holds a US green card. This means that he has conveniently declared himself a permanent resident of the United States, which also exempts him from paying certain taxes.
The new prime minister prefers Prada.
Sunak’s parents immigrated to England in the 1960s. He studied at Oxford and Stanford. He was first elected as a Conservative MP in 2015 and was appointed Finance Minister Boris Johnson five years later.
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https://theindependent.sg/british-pm-rishi-sunak-among-uks-richest/ British Prime Minister Rishi Sunak is one of Britain’s richest people.