Celebrity

Everything About Rishi Sunak The Chancellor of The Exchequer

Apr 24 2020 By Aayushma B.  



rishi sunak budget speech
Photo: The sun

The Chancellor of the Exchequer, Rishi Sunak, came on TV yesterday to request donations from the public. He spoke in a video recorded at his own home in Downing Street, London. Sunak’s also worked as an analyst for the bank Goldman Sachs from 2001-2004. Rishi Sunak’s net worth is in Millions of pounds that he shares along with his wife.

rishi sunak and wife
Rishi Sunak with wife Akshata and in-laws
Photo | File, PTI)

Rishi married the daughter of India’s renowned billionaire Narayan Murthy, the co-founder of Infosys. Sunak and his wife Akshata Murthy met while completing an MBA from one of the most renowned universities. They both grew up with families who could provide them with all their wants but also gave them a humble upbringing.

Rishi Sunak’s childhood and education:

Rishi Sunak was born on the 12th of May 1980 in Southampton, Hampshire as the first son to his parents. His grandparents had emigrated from Punjab to Africa and later to the UK in the 1960s. Both of Sunak’s parents were from a medical background. His father Yashvir was a general practitioner and his mother was a pharmacist.

Young Rishi Sunak
Photo: DAN CHARITY
Young Rishi Sunak

Growing up the Sunak family has a substantial wealth to give all their kids a comfortable life. Sunak was taught at Winchester College which is a private school in London. However, he was a very good student there and worked hard to earn the title of the school head boy. Rishi realizes the sacrifices that his parents have had made to give him a good life and has managed to make them proud.

Rishi has an attractive list of education degrees from an even more esteemed university. He graduated in 2001 with a degree in Philosophy, Politics, and Economics from the University of Oxford. Later he graduated in 2006 from Stanford University with an MBA degree.

Sunak’s Career before politics:

After graduating from Oxford, he worked for Goldman Sachs for 4 years as an analyst. He decided to get a post-graduate degree in business. Following his graduation from Stanford, he worked for a hedge fund management firm called The Children’s Investment Fund Management.

UK’s new Chancellor of Exchequer Rishi Sunak
Photo: IANS

In November 2009, he left his previous job to start a new firm along with his friends. They opened a new hedge fund firm called Theleme Partners. Apart from this he also was the director at his father in law’s investment firm Catamaran Ventures.

Sunak’s Political Career:

Rishi initiated his political career after taking over the role of Conservative candidate for Richmond (Yorks) in October of 2014. At the same time, he also co-wrote a report on BME communities in the UK.

The following year he was elected with a majority as a member of parliament in the 2015 General Elections. Rishi Sunak learned to give back to the society from his parents. This was an opportunity for him to make a difference as his parents did. During his office, he was a member of the Environment, Food and Rural Affairs Select Committee.

He was pro-Brexit and supported the UK leaving the European Union. In order to support his choice, he also wrote a report on the post-Brexit retail bond market.

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After being re-elected as MP with the majority vote again in 2017, he supported Borris Johnson in the 2019 conservative party re-election. Similarly, Rishi Sunak was re-elected in 2019 with 47% majority vote and continued supporting the conservative party. Soon after that, he was appointed as Chief Secretary to the Treasury by prime minister Borris Johnson.

During the Cabinet reshuffle of February 2020, he was promoted to the role of Chancellor of the Exchequer after Sajid Javid resigned from the post.

As a Hindu, in 2017 took his oath at the House of Commons on the Bhagavad Gita.

Who is Rishi Sunak’s wife and do they have children?

He met his wife while completing his MBA from Stanford. Rish and his wife Akshata started dating and he married her in August of 2009. They both lived together in California before they came back to the UK.

Rishi Sunak with wife Akshata and kids
(Photo | Rishi Sunak Facebook) Rishi Sunak with wife Akshata and kids

The pair decided to get their blessings in India where Akshata had grown up. The couple tied the not together in The Ballroom, Leela Palace Hotel, Old Airport Road, Bangalore. The wedding was elegant and simple yet lavish.

Soon after they got married they gave birth to two beautiful daughters. They gave Indian names to their lovely daughters. They named the older one Krishna and the younger one Anoushka.

How much is Rishi Sunak’s Net worth and earning:

Throughout his career in banking and politics, Rishi Sunak has been able to gather a net worth of £200 million as per The Sun. The 39-year-old Chancellor is one of the richest MPs in the office. Rishi Sunak earned the title as “Maharaja of the Dales” due to his wealth. He also reportedly gives lavish parties in the properties that he owns.

Rishi Sunak’s Mansion
Photo: the-sun.com

His father in Law Narayan Murthy stands at the 51st wealthiest person in India with a net worth of 2.5 Billion USD. Together with his wife Akshata, their properties span over UK and USA at £10m. Among their properties, the most highlighted ones are the five-bedroom mews house in Kensington worth £7m and a £1.5m Georgian mansion built in 12 acres in Sunak’s North Yorkshire.

Through his work as chancellor, he earns a salary of £71,090. Additionally, he also earns an extra £79,468 as a member of parliament.

Rishi Sunak’s age, height, and hobbies:

At the age of 39, he is one of the youngest people to hold the position. The Chancellor of The Exchequer stands tall at a height of 5 foot 7 inches.

The young politician likes to keep fit and enjoys playing cricket and football during his spare time. He also said that he likes watching movies during his free time. He also likes to enjoy his time with his two daughters.

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