In 2023, Rishi Sunak will be worth: Since October 2022, Rishi Sunak, a British politician, has been Prime Minister and Leader of the Conservative Party. He was previously Treasury Secretary from 2019 to 2020 and Chancellor of the Exchequer from 2020 to 2022. He has been the Member of Parliament (MP) for Richmond since 2015. (Yorks).
Everyone wants to know how much money he has. So This Article Everything About His Wealth. Let’s find out.
Rishi Sunak: Net Worth 2023
Rishi Sunak is widely regarded as one of the wealthiest members of the House of Commons, if not the richest. According to the 2017 Sunday Times Rich List, he shares a £730 million fortune with his wife as per 2023. However, specific information regarding his personal wealth is not publicly available.
Before transitioning into hedge fund management and founding Theleme Partners in 2010, Sunak was a banker at Goldman Sachs. Following his July 2019 appointment as Treasury Secretary, his investments were placed in a blind trust.
Blind trusts are designed to conceal the origin of investment profits, allowing investors to avoid potential conflicts of interest. Opposition parties have frequently demanded disclosure of the contents of the blind trust.
In August 2022, The Sunday Times Rich List 2022 revealed the wealthiest British citizens of the year, which included Sunak alongside notable sanctioned Russian oligarchs. Sunak and his wife made their debut on the list at position 222 with a combined wealth of £750 million.
Rishi Sunak And The Rising Cost Of Living
If Rishi Sunak is elected prime minister, he will face one of the worst cost-of-living crises in recent history.
According to the latest figures from the consumer price index, inflation is at a 40-year high of 10.1%, putting a significant strain on household finances.
This comes as Sunak faces criticism over his brand-new swimming pool and the reported £14,000-per-year cost to heat it, which is approximately six times the average household’s annual energy costs.
In the past, the ex-chancellor faced criticism for actions such as eliminating the £20 Universal Credit increase.
Rishi Sunak On Taxes
Sunak has positioned himself as the fiscally conservative candidate in the race for leadership and criticized Liz Truss’ tax-cutting plans as “comforting fairytales”
He promised to “deliver tax cuts that stimulate growth” in a “responsible manner.” Within seven years, he pledged to reduce the income tax by 4 pence.
Rishi Sunak: Personal Life Details
Sunak, a Hindu, took his oath as a Member of Parliament at the House of Commons on the Bhagavad Git. In August of 2009, he wed Akshata Murty, the daughter of the Indian billionaire and founder of the technology company Infosys, N. R. Narayana Murthy.
Murty owns a 0.91% stake in Infosys, which was valued at approximately $900 million (£746 million) in April 2022, making her one of the richest women in Britain.
Rishi Sunak Properties
Rishi Sunak might be the wealthiest member of the British House of Commons. But that’s not the case. He is also proud to own five very expensive mansions in places like London and California. Let’s look at the homes that Rishi Sunak and his wife, Akshata Murthy, own.
He used to live with his wife and two daughters in a flat at 10 Downing Street in London, which he owns. He and his family just moved into a five-bedroom apartment in Kensington, West London, that is thought to be worth £7 million.
It is a mews house with a lot of space: five bedrooms, four bathrooms, and two reception rooms. Even though it has four floors, the four-story house has its own garden.
Sunak’s third home in London is a flat on the first floor of Old Brompton Road in Kensington. He and his family mostly use it as a vacation home when they go to see their relatives. Sunak and his family also own a £1.5 million country mansion on a 12-acre plot in the village of Kirby Sigston in Yorkshire.
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