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Rishi Sunak’s fortune: where his impressive fortune comes from – Prestige Online

Rishi Sunak is known to possess an incredible fortune, but what is his net worth and where does it come from?

Well, between an impressive property portfolio and a flourishing career in finance, new British Prime Minister Rishi Sunak would be the wealthiest to hold a parliamentary post. In fact, he and his wife Akshata Murthy are said to have a collective fortune greater than that of King Charles III.

The most powerful person in the UK right now – Rishi Sunak has made headlines for many firsts. He is the country’s first non-Christian colored prime minister, who also happens to be the youngest in 210 years. However, the most discussed aspect of his new position is the fact that he is officially the wealthiest occupant of Number 10 Downing Street.

The former finance minister and investment banker has been a consistent name in lists of Britain’s richest people – thanks to the fortune held by his wife Akshata Murthy – daughter of tech giant NR Narayana Murthy Infosys. Although the two have not personally commented on this, reports credit real estate as well as other investments for this.

Here is an overview of Rishi Sunak net worth.

Rishi Sunak’s jaw-dropping net worth

Together, Rishi Sunak and Akshata Murthy hold a collective net worth of around $810 million – more than the monarch’s at Buckingham Palace.

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Infosys’ only net worth is estimated in a report of Forbes around $4.5 billion. Murthy, 42, owns about 0.93% of the IT company’s equity, which is worth $715 million. This represents the largest portion of their combined fortune. Based in Bangalore, the company provides outsourcing, business consulting and information technology services.

Real estate investments

Rishi Sunak net worth

According to multiple news sources, the couple owns four homes in the UK and Canada. The largest of these is the 19th-century Manor House heritage mansion in North Yorkshire, which cost them around $2.3 million. Lately, the two have come under scrutiny for spending over $450,000 to build a recreation center with a 40-foot swimming pool, gym and outdoor tennis court on the property.

Their other primary residence, a four-bedroom apartment in upmarket Kensington, cost $7.1 million. Apart from that, Sunak owns an apartment in South Kensington, which he bought for around $300,000. In the United States, in California to be precise, the couple owns a penthouse in Santa Monica worth 7.5 million dollars. Together, their real estate portfolio is worth around $18.3 million.

other assets

Rishi Sunak net worth

In addition to this, Murthy owns a venture capital firm Catamaran Ventures UK worth USD 4 million (Rs 32 crores approx). Sunak owned about 50% of the company until he transferred his shares to his wife before entering parliament. Today, the company is said to have invested in investment firm dara5, backed by the Qatari royal family, MRI scanner maker Hallmarq, Elon Musk’s SpaceX, social news aggregation site Reddit and loco games. Murthy also has a 5% stake in International Market Management, which owns Immassociates Mauritius – the name behind four Wendy’s in New Delhi as well as 11 Jamie Oliver’s restaurant franchises in India. She owns much of the couple’s wealth.

Salary as British Prime Minister

Sunak’s earnings throughout his career in finance are largely shrouded in mystery. However, as a member of parliament, he earned around USD 95,000 (Rs 78 lakh approx). This rises to over $185,000 (Rs 1.5 crore approx) as UK Prime Minister.

In a report of Reuters, he was asked how he could relate to the public given that his personal wealth exceeded that of the monarch. He noted, “I think in our country we don’t judge people by their bank account, we judge them by their character and their actions. And yes, I’m really lucky to be in the situation I’m in now, but I wasn’t born that way.

He added: “My parents worked very hard to provide me with all these opportunities. I’m not going to apologize for what they did for me. And actually, that’s why I want to do this job because I want to provide these opportunities to everyone.

All images: Courtesy of Rishi Sunak