Rishi Sunak: Fortunes, Net Worth of UK's New Prime Minister with Roots in Kenya

Rishi Sunak: Fortunes, Net Worth of UK's New Prime Minister with Roots in Kenya

  • The United Kingdom Conservative Party elected Rishi Sunak to take over from Liz Truss as Britain's new prime minister
  • Truss resigned after her economic plans, including the tax cut, failed to overturn the country's economy headed to recession
  • Sunak has been described as the richest politician who will take the UK's economy to a positive turn based on his background as exchequer minister

Rishi Sunak has received tremendous support after clinching the Conservative Party leadership.

Rishi Sunak and his wife Akshata Murty own three homes in Britain.
Rishi Sunak leaves his home in London, England on October 24, 2022. Photo: Dan Kitwood.
Source: UGC

Sunak was elected as the next United Kingdom prime minister on Monday, October 24, after Liz Truss' resignation.

UK's wealthiest people

The former exchequer minister is said to be the first frontline politician to be listed among UK's richest people.

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The former banker and his wife, Akshata Murty, are estimated to be much richer than the royal family, whose wealth was estimated at $420 million (₦183.7 billion) before the death of Queen Elizabeth II.

The couple's combined wealth is estimated at $830 million (N360,452,680,540.00), the Washington Post reported.

Sunak's fortune

Murty's personal wealth is estimated at $460 million (KSh 55.8 billion), coming mainly from her stakes in her father's company Infosys.

She owns a start-up incubator Catamaran Ventures UK and has shares in multiple companies, about half a dozen.

Sunak's Properties

They own three-family homes in Britain and Santa Monica, Calif, worth $6 million (KSh 727.2 million).

According to the Guardian, the couple is blessed with two daughters and spends the week in their five-bedroom house in west London and weekends in North Yorkshire at a Georgian manor house.

First-colour UK PM

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Rishi Sunak: Decorated Profile of New UK Prime Minister Who Has Kenyan Roots

The election of Sunak hit a milestone in Britain's evolution as a multicultural and multi-faith society.

Sunak will become the first prime minister of colour with Kenyan and Indian roots. He is also the youngest leader, aged 42.

He was named UK leader during the festival of lights celebrated by millions of Hindus and Sikhs worldwide.

Sunak has Kenyan roots?

Sunak was born in Southampton to parents of Indian descent who migrated to Britain from East Africa in the 1960s.

Outgoing Prime Minister Truss resigned after her budget of tax cuts funded by debt sent shockwaves through markets, crashing the pound.

Rishi Sunak: 18 important things you need to know about new UK prime minister

The United Kingdom's Conservative Party voted Rishi Sunak as its new leader on Monday, October 24.

The Nation reported that Sunak would be named as the new prime minister of the British empire, the party announced.

Legit.ng had put together 18 major things you need to know about Rishi Sunak.

Source: TUKO.co.ke

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