Rishi Sunak: Fortunes, Net Worth of UK's New Prime Minister with Roots to Kenya
- The United Kingdom (UK) Conservative Party elected Rishi Sunak to take over 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
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Rishi Sunak has received tremendous support after clinching the Conservative Party leadership.
Source: UGC
Sunak was elected as the next United Kingdom (UK) Prime Minister on Monday, October 24, after Liz Truss's 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 (KSh 50.9 billion) before the death of Queen Elizabeth II.
The couple's combined wealth is estimated at $830 million (about R15 billion), the Washington Post reported.
Sunak's fortune
Murty's personal wealth is estimated at $460 million (R8.36 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 (R 109million).
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
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.
Outgoing Prime Minister Truss resigned after her budget of tax cuts funded by debt sent shockwaves through markets, crashing the pound.
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Source: TUKO.co.ke
Kelly Lippke (Senior Editor) Kelly Lippke is a copy editor/proofreader who started her career at the Northern-Natal Courier with a BA in Communication Science/Psychology (Unisa, 2007). Kelly has worked for several Caxton publications, including the Highway Mail and Northglen News. Kelly’s unique editing perspective stems from an additional major in Linguistics. Kelly joined Briefly News in 2018 and she has 14 years of experience. Kelly has also passed a set of trainings by Google News Initiative. You can reach her at kelly.lippke@briefly.co.za.
Lebogang Mashego (Current Affairs HOD) Lebogang Mashego runs the Current Affairs desk. She joined the Briefly News team in 2021. She has 6 years of experience in the journalism field. Her journalism career started while studying at Rhodes University, where she worked for the Oppidan Press for 3 years. She worked as a lifestyle writer and editor at W24 and Opera News. She graduated with a BA degree majoring in Journalism and Media Studies in 2017. She's a recipient of the INMA Elevate Scholarship. Email: lebogang.mashego@briefly.co.za
