What is Rishi Sunak’s net worth?
PRIME MINISTER Rishi Sunday married millionaire Akshata Murthy in 2009.- but he also made his fortune from his years in banking.
The new leader of the Conservative Party made his fortune from his years in business and has one of the largest net worths of any MP.
What is Rishi Sunak's net worth?
Rishi Sunak has been at the top of the MP rich list thanks to his career as a banker.
As the MP for Richmond, Sunak's base salary is £84,144
On becoming Prime Minister on Monday, October 24, 2022, Sunak's salary increased to £164,080, as he receives an extra £79,936 for his new role.
In 2022, the PM and his wife Akshata Murthy made it into at number 222.
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The couple, who were a new entry on the list, were said to have a net worth of £730million.
Sunak owns a five-bedroom mews house in Kensington, which is thought to be worth around £7million, he also has property in his constituency of Richmond (Yorks) and in California.
How did Rishi Sunak build up his net worth?
Before going into politics and racing for the Tory leadership, Sunak used to work for the US investment bank Goldman Sachs.
He then moved into hedge fund management, where he eventually set up his own firm, Theleme Partners, in 2010.
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He states on his that he enjoyed a successful business career, co-founding a large investment firm, working with companies from Silicon Valley to Bangalore.
In 2019, he registered a blind trust after being appointed chief secretary to the Treasury by former Chancellor Sajid Javid.
The trust is said to contain a multi-million pound fortune.
How much is Rishi Sunak's wife Akshata Murthy worth?
Sunak's wife, Akshata is a fashion entrepreneur, running Akshata Designs.
The vast majority of Sunak’s family wealth comes from his wife, whom he married in 2009.
Murthy's father, NR Narayana Murthy, is the co-founder of Indian tech giant Infosys, and her shares in the company are believed to be worth around £430million, making her richer than the King.
Her family also has £900million joint ventures with Amazon in India.
Murthy herself owns a UK-based venture capital company, and is a director or direct shareholder at five other UK companies.
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The venture capital company is called Catamaran Ventures UK Ltd.
Sunak owned shares in the company but transferred them all over to his wife before he became an MP.