UK Lists Finance Minister, Rishi Sunak As One Of Wealthiest

UK Lists Finance Minister, Rishi Sunak As One Of Wealthiest
Rishi Sunak and his wife Akshata Murthy
Share on whatsapp
WhatsApp
Share on facebook
Facebook
Share on twitter
Twitter
Share on telegram
Telegram
Share on linkedin
LinkedIn
Share on print
Print
Listen to article

In glam and funfare news coming from Britain, the United Kindgdom Finance minister, Rishi Sunak and his wife Akshata Murthy have been included in a “Rich List” of the 250 wealthiest British residents published by The Times.

Sunak’s inclusion is largely a result of his wife’s wealth, but comes at a politically difficult time for the man in charge of Britain’s budget as he faces pressure to increase support for households struggling with soaring energy bills and food prices.

The couple entered The Sunday Times UK Rich List at number 222 with a reported net worth of 730 million pounds ($911.19 million) the Sunday Times newspaper said. The list’s compilers say their analysis is based on minimum estimates of identifiable wealth.

Read Also: Lucky Days For UK Couple As They Smash £185m Lottery

Akshata Murthy, an Indian citizen, is the daughter of one of the founders of Indian IT giant Infosys (INFY.NS) and owns about 0.9% of the company.

Sunak, a former Goldman Sachs analyst who became chancellor aged 39 in 2020, earlier this week warned the country that the “next few months will be tough.” read more

Sunak and Murthy faced criticism and public anger last month over Murthy’s “non-domiciled” tax status which meant she did not pay tax in Britain on her earnings abroad. She subsequently gave up the status and said she would pay British tax on her global income. read more

The Sunday Times Rich List, first published in 1989, ranks the 1,000 wealthiest people resident in Britain. It includes British citizens as well as individuals and families from overseas but who predominantly work or live in the United Kingdom.

The Indian-born Hinduja brothers, Sri and Gopi, topped the list with a net worth of more than 28 billion pounds.

“There are some people who approach us wanting to be put onto the Rich List every year, Mr Sunak wasn’t one of those,” list compiler Robert Watts, told Sky News.

 

Africa Daily News, New York

Share on whatsapp
WhatsApp
Share on facebook
Facebook
Share on twitter
Twitter
Share on telegram
Telegram
Share on linkedin
LinkedIn
Share on print
Print