Rishi Sunak is a British politician who has served as Prime Minister of the UK since 25th October 2022 after the resignation of Liz Truss. He has been Chancellor of the Exchequer from 2020 to 2022. Rishi was a member of the Conservative Party and Executive Secretary to the Treasurer before becoming Chancellor of the Exchequer. He has been a member of the Bundestag since 2015.
Rishi Sunak was born on May 12, 1980, in South Hampton, England, United Kingdom. He was born into a Punjabi Hindu family that immigrated from East Africa. His father Yashvir was born in Kenya and his mother Usha was born in Tanzania. He has two younger siblings. His brother Sanjay is a psychologist and his sister Rakhi works at the Foreign, Common Wealth and Development Office as the head of the United Nations Covid-19 response and strategy.
Sunak attended high school as a student, after which he attended Winchester College, an all-boys boarding school. He then enrolled at Lincoln College, Oxford, where he graduated in philosophy, politics, and economics in 2001. In 2006 he received his MBA from Stanford University.
Rishi Sunak Career
Sunak began his career as an analyst for an investment bank called Golden Sachs between 2001 and 2004. He then worked at The Children’s Investment Fund Management, a hedge fund management firm. He left the firm in 2009 and joined his former colleagues at a new hedge fund firm launched in October 2010. Rishi’s political journey began when he was elected Conservative candidate for Richmond in 2014. He later became head of the Black and Minority Ethnic Research Unit, for which he co-authored a report on BME communities in the UK. In 2015, Rishi was elected MP for the constituency and served on the Special Committee on Environment, Food, and Rural Affairs from 2015 to 2017.
On 24 July 2019, Rishi was appointed Chief Secretary to the Treasurer by the Prime Minister, serving under Chancellor Sajid Javid until February 2020. By February 2020, it was reported that Javid would remain Chancellor and Rishi Chief Secretary to Treasurer. On February 13, 2020, Rishi was appointed Chancellor of the Exchequer when Javid resigned from his post. Rishi had a meeting with the prime minister on the same day that he was announced as chancellor. Rishi’s first budget was prepared on March 11, 2020, which included the spending of 30 billion euros, of which 12 billion was earmarked for mitigating the economic impact of Covid-19.
Rishi announced that it would spend 330 billion euros on emergency aid for companies and salary subsidies. This was the first time the UK government had created such a retention scheme, which was announced on March 20, 2020. In 2021, Rishi announced that the deficit had increased to 355 billion euros by the end of the program in September. Rishi was the first Chancellor since Healey in 1974 to raise the corporate tax rate.
Rishi Sunak Biography
|Real name||Rishi Sunak|
|date of birth||May 12, 1980|
|Age (as of 2022)||42 years|
|place of birth||Southampton, Hampshire, England|
|job||Chancellor of the Exchequer & Politician|
|height||in feet inches – 5′ 7” – in centimeters – 170 cm|
|Weight||in kilograms – 70kg – in pounds – 154 pounds|
Rishi Sunak family
|University||Lincoln College, Oxford (BA), Stanford University (MBA)|
|Who is Rishi Sunak’s wife?||Akshata Murthy|
|children||Two (Krishna & Anoushka)|
Rishi Sunak is a 40-year-old man married to Akshata Murthy, daughter of famous Indian billionaire Narayana Murthy. The two met while studying at Stanford University. Akshata is a director of her father’s company called Catamaran Ventures and also runs her own fashion label. They married in 2009 and had a two-day wedding in Bangalore, India. The couple have two daughters together and the family lives together in Northallerton, North Yorkshire.
Rishi Sunak Net Worth
He definitely makes enough fortune as a politician, but no figures are available on his net worth. Instead, he earns a salary of 71090 euros as a businessman and his job. This salary excludes his salary of 79468 euros as MP. It is known that he has assets of over 10 million euros and, as Chancellor of the Exchequer, is expected to have a net worth in the millions.
Facts About Rishi Sunak
- Rishi was the head boy and editor of his school’s newspaper.
- During the summer holidays, he worked as a waiter at a curry house in South Hampton.
- Rishi did an internship at the Conservative Campaign headquarters as a student.
- Rishi owns a house in Kensington and an apartment in Santa Monica, California, USA.
- He worked as a director of his father-in-law’s investment firm.
- Rishu represented the Conservatives in the BBC and ITV election debates during the campaign.