Rishi Sunak is a politician and current Prime Minister of the United Kingdom, who was once a hedge fund manager and investment banker. After spending several years working in finance, he was chosen by his peers to serve as prime minister of the United Kingdom in OctBefore2. Before that, he served as Chancellor of the Exchequer and a member of Parliament for the Conservative Party. At 42 years old, Sunak became the youngest leader to hold the position in almost a century and the first non-White person to rule the nation.
BIOGRAPHY
On May 12, 1980, in Southampton, Hampshire, South East England, Sunak was born. After winning an uncontested election to become the new leader of the ruling Conservative Party on Diwali, Rishi wrote history when he was named Prime Minister of Britain by King Charles III, becoming the first person of Indian descent. The 43-year-old, devoted Hindu who served as the last Chancellor of the Exchequer is the youngest British prime minister in 210 years. In addition, he is the first Indian-born Hindu prime minister of the United Kingdom. Since 2015, Sunak has belonged to the Conservative Party for Richmond, Yorkshire.
WIKI
Here are some quick Wiki facts about him.
Full Name | Rishi Sunak |
Nick Name | Rishi |
Gender | Male |
Date of Birth | May 12, 1980 |
Zodiac Sign | Taurus |
Age | Politician Businessman Author |
Birthplace | Southampton, Hampshire, England |
Home town | Southampton, Hampshire |
Current Residence | Kirby Sigston, North Yorkshire |
Nationality | British Indian |
Religion | Hinduism |
Educational Qualification | Politician Businessman Author |
Political Party | Conservative |
Current Position | UK chancellor of the exchequer |
Profession | Politician Business man Author |
Caste | Brahmin |
Net Worth | $844 |
Weight | 70 kgs |
Height | 5 feet 7 inches |
Eye Color | Black |
Hair Color | Black |
Body Type | Fit |
Body Measurement | 34-30-12 inches |
Shoe Size | 9 (UK) |
Marital Status | Married |
Spouse | Akshata Murthy |
Children | Two Daughters Anoushka Sunak Krishna Sunak |
Hobbies | Playing Cricket Football Watching Movies |
SOCIAL MEDIA ACCOUNTS
Sunak is active on Facebook, Instagram and Twitter. He has a huge fan following on these platforms.
ZODIAC SIGNS
The zodiac sign of Sunak is Taurus like Harshad Chopda, Arjit Singh, and Dwayne Johnson. The features of the Taurus people are independence, practicality, and loyalty.
FAMILY
Sunak was born on May 12, 1980, in Southampton, Hampshire, South East England, to Indian parents, Yashvir and Usha Sunak, born in Kenya and Tanzania, respectively, His mother was a pharmacist who owned a neighborhood drugstore, while his father worked as a medical practitioner.
Sunak’s grandparents left East Africa in the 1960s to go to the UK. They were born in Punjab Province, British India. Out of his three siblings, Sunak is the oldest. His sister Rakhi holds the position of Head of UN Funds and Programs, Humanitarian, Peacebuilding, and Foreign, Commonwealth, and Development Office, while his brother Sanjay is a psychologist.
Father | Yashvir Sunak |
Mother | Usha Sunak |
Sister | Rakhi Sunak |
Brother | Sanjay Sunak |
PERSONAL LIFE
Sunak and Akshata Murthy tied the knot in August of 2009. The two girls belong to the couple. The Indian billionaire N.R. Narayana Murthy’s daughter, his wife, is a director of Catamaran Ventures. Among the wealthiest women in Britain, she also owns and operates her fashion line. The couple has two daughters named Anoushka Sunak and Krishna Sunak.
EARLY LIFE AND EDUCATION
Born in Southampton in 1980, Sunak was the son of Indian immigrants from East Africa living in the United Kingdom. His mom owned her pharmacy, while his father practiced general practice. Sunak, the oldest of three children, attended the £43,335-per-year premium boarding school Winchester College. He served as head boy and has given the school several donations totaling more than £100,000 in recent years.
Like so many before him, Sunak continued to study philosophy, economics, and politics at the University of Oxford. He received a degree with honors. After graduating from Stanford University with a master’s in business administration (MBA), he met Akshata Murty, the woman who would become his wife. However, not many people there still know him.
BUSINESS CAREER
While attending the university, he interned at the Conservative Campaign Headquarters. At the investment bank Goldman Sachs, he was an analyst from 2001 to 2004. In September 2006, he quit his work to join The Children’s Investment Fund Management (TCI), where he rose to the position of partner. He started working for Theleme Partners, another hedge fund, in 2009. In addition, he was a director of Catamaran Ventures, an investment company controlled by N. R. Narayana Murthy, his father-in-law, a businessman.
POLITICAL CAREER
He won the Conservative nomination for Richmond (Yorks) in 2014; William Hague had held the seat before. The Conservative Party has held the seat for more than a century. In that same year, he oversaw Policy Exchange’s Black and Minority Ethnic (BME) Research Unit and co-wrote a report on BME communities in the UK. Richmond (Yorks) saw him elected as an MP in the 2015 General Election. From 2015 to 2017, he served on the Environment, Food, and Rural Affairs Select Committee.
In 2016, he favored the EU referendum. In addition, he authored a paper for the Centre for Policy Studies endorsing free ports in the wake of Brexit. The following year, he wrote another research urging the development of a small-business retail bond market. In the 2017 General Election, he won reelection as MP from the same seat. From January 2018 to July 2019, he was the Parliamentary Under-Secretary in office. In the June 2019 Conservative Party leadership contest, he backed PM Boris Johnson and even co-wrote an article for a British national daily to endorse Johnson.
Following his reelection in the 2019 general election, Sunak worked under Chancellor Sajid Javid after Prime Minister Boris Johnson named him Chief Secretary to the Treasury in July of that same year. He became a member of the Privy Council on July 25, 2019. Following the February 2020 cabinet reorganization, Sunak received a promotion as Chancellor of the Exchequer. On March 11, 2020, Sunak unveiled his first budget during the COVID-19 pandemic. As the pandemic had a financial impact, Sunak pledged an additional £30 billion in spending, of which £12 billion was set aside to lessen the COVID-19 epidemic’s economic effects.
THE FRONTRUNNER FOR UK PRIME MINISTER
On July 8, 2022, the day after former British prime minister Boris Johnson resigned, declared Sunak would run for the old Conservative Party leadership position. Rishi led the drive to topple the Prime Minister, a claim that the conservative politicians who backed Boris Johnson condemned.
December 23, 2021, saw the initial registration of the domain readyforrishi.com with GoDaddy, and July 6, 2022, the day after his resignation as Chancellor, saw the registration of ready4rishi.com. The earlier domain serves as a gateway to the later one.
PRIME MINISTER
Out of the eleven contenders announcing their desire to challenge Johnson, Sunak criticized the “fairy tale” tax reduction put forth by his rivals. Even though Sunak was the early frontrunner for the party leadership, once Conservative MPs narrowed the field to two, he lost to current Foreign Secretary Liz Truss in the final round of voting, and on September 6, 2022, she was named prime minister of the United Kingdom.
But Truss’s government crumbled under the economic chaos brought on by her proposal to cut taxes and freeze home energy costs. Truss declared the end of her historically brief stint as prime minister on October 20, 2022, with the majority of her economic initiatives abandoned amid a growing rate of inflation. On October 24, 2022, Sunak, the first candidate of color to secure the support of 100 other MPs, will become the first prime minister of color in the history of the United Kingdom.
In his acceptance speech, he said,
“When the opportunity to serve comes along, you cannot question the moment, only your willingness. I am therefore prepared to lead our nation into the future, to prioritize your needs before politics, and to reach out and establish a government that upholds the highest ideals of my party. When we work together, we can do amazing things”.
RECENT INDIA’S TOUR
At the first-ever G20 Summit in India, PM Sunak is among the leaders of 40 participating countries. On September 7, Rishi arrived in New Delhi, ahead of the September 9 and 10 summit. Ashwini Kumar Choubey, the Minister of Environment, Forests, and Climate Change, and the Minister of State for Consumer Affairs, Food, and Public Distribution met him at the airport. Netizens have taken notice of his arrival and are now referring to him as “India’s son-in-law“.
NET WORTH
The projected net worth of Sunak and his tech heiress spouse, Akshata Murty, is £730 million ($844 million).
SOURCE OF INCOME
According to tax filings released by his office on Wednesday, Sunak got £3.8 million in capital gains and nearly £600,000 in investment income between 2019 and 2022. The prime minister’s non-political income is £411,000 less than his MP and ministerial salaries. The information discloses a small portion of the British politician’s household fortune. An estimate by the Bloomberg Billionaires Index states that his wife, Akshata Murty, is worth over $600 million, primarily because of her ownership of Infosys Ltd., the software behemoth that her father created.
FAVORITES
His list of favorites is as below.
Favorite Food | Idli Sambar Dosa double chocolate muffin biscuits |
Favorite Drink | Coca-Cola |
Favorite Film | The Empire Strikes Back (1980) |
Favorite Author | Roald Dahl |
Favorite Sports | Cricket Football |
Favorite Sportsman | Matt Le Tissier |
Favorite Subject | Economics |
INTERESTING FACTS
- On July 8, 2022, the day following Boris Johnson’s departure, he declared his intention to run for prime minister of the United Kingdom; nevertheless, on December 23, 2021, he registered the website domain for his leadership bid.
- He was the first Chancellor of the Exchequer to face criminal sanctions while serving in office in British history in April 2022.
- Being of Punjabi Indian heritage, he is the first non-white prime minister of the United Kingdom. Being Hindu, he is the first Prime Minister who is not a Christian.
- On October 24, after Liz Truss resigned as prime minister of the United Kingdom after just forty-five days in office, Sunak ran unchallenged for the Conservative Party leadership once again. As a result, he was named prime minister-designate.
- Lost to Liz Truss in the September 2022 Conservative Party leadership contest, 57-43%.
- King Charles III appointed him as prime minister, making him the first prime minister not only of the United Kingdom but of all 15 countries in which Charles was the head of state.
- Since Robert Jenkinson, 2nd Earl of Liverpool (1812–1827), is the youngest prime minister of the United Kingdom.
- According to estimates, he is the wealthiest prime minister to have led the United Kingdom.
CONTROVERSIES
- The fact that Sunak’s wife was making use of a loophole to evade paying UK taxes on her foreign income was one of the most damning findings. As established, Murty registered as a non-domiciled U.K. resident to avoid paying taxes on her foreign profits. Her alleged tax savings of millions as a result of such action sparked a public outrage. Murty maintains her non-domiciled status despite her pledge to pay taxes emittance-remittance basis, she pays £30,000 annually, which protects her from British taxes on any income she receives from foreign sources.
- Sunak is a very wealthy man who is renowned for showing off his fortune by dressing lavishly. Some have questioned if he is too disconnected from the typical electorate in light of these observations. His earlier remarks haven’t always been helpful. Sunak said on camera in 2007 that he doesn’t have any buddies among the working class. Also captured on camera, he discussed diverting funds intended for impoverished cities to affluent communities.
- Leading nations typically expect their citizens to project a sense of patriotism and contentment with their place of residence. When word got out that he was holding onto a Green Card for residency in the United States, Sunak raised the public inquiry. According to reports, he gave up his Green Card in October 2021 before his first visit to the US as a government minister for the United Kingdom.
- The police fined then-prime minister Boris Johnson, his wife, and Sunak in April 2022 for going to a party in June 2020 while the nation was under lockdown due to COVID-19. Opposition MPs were the ones who called on Johnson and Sunak to step down. They expressed regret, but they refused to resign from their posts.
- Sunak was among the lawmakers who turned against former prime minister Boris Johnson after he came under scrutiny for his involvement in the 2020 “Partygate” incident and other blunders. Johnson was the one who handed Sunak his big break as chancellor. Sunak then submitted his name to succeed Johnson immediately after his resignation, further souring the wound.
TRANSWOMEN CONTROVERSY
When questioned if he thought of a transwoman as a woman in a 2022 interview, Sunak said, “No,” to which he received criticism from proponents of transgender rights online. He stated,
“It is necessary to exhibit compassion and respect for people’s perspectives”,
in a 2022 YouTube video.
“Regarding issues like athletics or restrooms, for example, I believe biology plays a significant, fundamental role in how we handle those kinds of questions”.
Sunak, however, has previously stated that he supports the transgender community like Scarlett Johansson and Brad Pitt. In a speech to LGBT+ Conservatives, he allegedly declared,
“Transgender discrimination is wrong. The Conservative Party is a family that welcomes and is open to all members of society, regardless of who they are and their background”.
Where is Rishi Sunak from originally?
On May 12, 1980, Sunak was born at Southampton General Hospital in Southampton, Hampshire, to Yashvir and Usha Sunak, Hindu parents of Indian Punjabi heritage born in East Africa.
What is Rishi Sunak's economic policy?
Prime Minister Rishi aims to create an innovative economy that will increase employment and compensation. We have come a long way in the brief period I was prime minister: We have safeguarded the most disadvantaged and susceptible with £26 billion in cost-of-living assistance.
How did Rishi Sunak start his career?
Like many politicians before him, Mr. Sunak attended Oxford University to study philosophy, economics, and politics. After that, he was employed by Goldman Sachs as an analyst before joining other hedge funds.