Net Worth People

Who is Rishi Sunak? Interesting Facts About New British Premier

Rishi Sunak, a politician from Britain, is the leader of his country at the moment. He became the British prime minister on October 25, 2022. Since October 24, 2022, he has presided over the Conservative Party as its leader.2

10 Facts About Rishi Sunak

  1. He is the leader of the British government and a politician.
  2. His parents are African-born Punjabi Hindus.
  3. He is the oldest of three siblings.
  4. His children are Krishna and Anoushka Sunak.
  5. Raakhi Williams and Sanjay Sunak are his siblings.
  6. Akshata Murty, N. R. Narayana Murthy’s daughter, is his wife.
  7. He was an analyst at Goldman Sachs, a financial services company.
  8. He swore his MP oath on the Bhagavad Gita.
  9. He became chancellor of Exchequer on February 13, 2020.
  10. He and his wife are worth $830 million.

 Who is Rishi Sunak?

Rishi Sunak, a politician from Britain, is the leader of his country at the moment. He became the British prime minister on October 25, 2022. Since October 24, 2022, he has presided over the Conservative Party as its leader.

Rishi Sunak, a devout Hindu, based his parliamentary oath on the Bhagavad Gita when he was sworn in as a member of Parliament in the United Kingdom. He claims to be a Coca-Cola addict with seven fillings as a result of his excessive drinking in his youth. He is an avid fan of cricket, tennis, and horse racing and owns a Labrador named Nova.

Rishi Sunak has been the Member of Parliament (MP) for Richmond (Yorks) since 2015, during which time he has held the positions of both Chief Secretary to the Treasury (2019–2020) and Chancellor of the Exchequer (2020–2022).

King Charles III appointed Rishi Sunak as the first Prime Minister of the United Kingdom during his reign, and he is the youngest person to hold the position since the 19th century.

After Liz Truss resigned in the midst of yet another cabinet crisis, he was voted unchallenged as the next Conservative Party leader. On October 25, 2022, Rishi Sunak was given the role of Prime Minister, making him the first person of British Asian descent and the first person of Hindu faith to hold that position.

Even though Rishi Sunak agrees that transgender persons ought to be treated with “respect,” he maintains that biology is “essential” and “basic” when it comes to using the appropriate restroom and participating in athletic competition.

Rishi Sunak Early Life

Rishi Sunak was born on May 12th, 1980 in the city of Southampton, Hampshire, to Yashvir and Usha Sunak, two Hindus who were born in Africa but were of Indian Punjabi origin.

His father, Yashvir Sunak, was born and raised in Kenya, while his mother, Usha Sunak, was born in Tanganyika (now Tanzania). They are both health practitioners.

Sanjay Sunak, Rishi’s brother, is a psychotherapist; Raakhi Williams, his sister, works for the UN in New York. He is the oldest of two brothers and a sister.

Rishi Sunak Education

Rishi Sunak had his education at Winchester College, a boys’ independent boarding school, and Stroud School, a preparatory school located in Romsey. At Winchester College, he served as head boy. Throughout his time off during the school year, he worked as a waiter at a curry place in Southampton.

Lincoln College, Oxford was where Rishi Sunak completed his studies in Philosophy, Politics, and Economics (PPE), and he graduated with a first-class in 2001. He participated in a work study programme at the Conservative Campaign Headquarters when he was a student at the university. He attended Stanford University as a Fulbright scholar and earned his master’s degree in business administration there in 2006.

Rishi Sunak Career

In 2001-2004, Rishi Sunak was a Goldman Sachs analyst. He then became a partner at Children’s Investment Fund Management. He departed in November 2009 to join former colleagues at Theleme Partners, which started in October 2010 with $700 million under management. Patrick Degorce ran both hedge funds. Between 2013 and 2015, he was a director of his father-in-investment law’s firm, Catamaran Ventures.

In October of 2014, he beat out Wendy Morton to become the Conservative candidate in Richmond (Yorks). William Hague, a former party leader, Foreign Secretary, and First Secretary of State, held this position.

Boris Johnson named Rishi Sunak as Treasury chief secretary on 24 July 2019, under Chancellor Sajid Javid. Next day, he joined the Privy Council. Rishi Sunak won reelection in 2019 with 27,210 votes. Rishi Sunak, a member of the Conservative Party, participated in the seven-person election debates hosted by the BBC and ITV during the campaign.

As part of the government shakeup that took place on February 13, 2020, Rishi Sunak was appointed to the position of chancellor of the Exchequer. That day, after speaking with Boris Johnson, Sajid Javid announced his resignation. Boris Johnson offered to maintain his job if he fired all of his Treasury advisers and replaced them with Dominic Cummings’ picks.

Rishi Sunak was issued a fixed penalty notice on 12 April 2022 for attending a birthday celebration during a COVID lockdown. 82 others, including Boris Johnson, received fixed penalties.

As chancellor, Rishi Sunak privately advocated for a green fee that would have raised petrol and diesel costs to compensate for reducing greenhouse gas emissions to net zero by 2050. The Treasury’s proposed Fossil Fuels Emissions Trading Scheme aimed to tax pollution from road transportation, shipping, building heating, and diesel trains, which account for more than 40% of UK carbon emissions. Boris Johnson rejected the suggestion because he didn’t want to raise consumer prices.

As chancellor, Rishi Sunak pushed for a new rule that would allow stablecoins to be used for everyday payments over concerns from the Bank of England. Rishi Sunak directed the Royal Mint to develop a government-backed NFT by summer 2022.

Rishi Sunak resigned as chancellor on July 5, 2022, shortly after Sajid Javid resigned as health secretary after sexual harassment claims against Chris Pincher MP. Boris Johnson resigned on July 7, 2022, after more resignations.

Rishi Sunak ran to replace Boris Johnson as Conservative leader on July 8, 2022. On July 20, 2022, the two remaining candidates in the race, Rishi Sunak and Liz Truss, were put up to the membership for a final leadership vote; Sunak having won the most votes in each of the series of MP votes, with 137 to Truss’s 113. Liz Truss won 57.4% of the membership vote, trouncing Rishi Sunak.

In the wake of Liz Truss’s resignation on the 20th of October 2022, Rishi Sunak announced on the 23rd that he would be running for the office of Prime Minister of the United Kingdom. Boris Johnson and Penny Mordaunt dropped out of the campaign, therefore Rishi Sunak became Conservative Party Leader and Prime Minister.

King Charles III named Rishi Sunak the first British Asian and Hindu prime minister on October 25, 2022. He’s the youngest premier since 1812. He began naming his cabinet on October 25, 2022.

Rishi Sunak Ethnicity

Rishi Sunak is of Indian Punjabi ancestry.

Rishi Sunak Parents

His father is Yashvir Sunak, and his mother’s name is Usha Sunak. Similarly, they both had their beginnings in colonial Africa, one in Kenya and the other in Tanganyika (Tanzania).

Rishi Sunak Siblings

Rishi Sunak has two additional siblings; their names are Raakhi Williams and Sanjay Sunak, who is a psychotherapist (UN agency chief).

Rishi Sunak Religion

Rishi Sunak is obviously a member of the Hindu religion. His oath of office as a Member of Parliament in the United Kingdom was taken on the Bhagavad Gita.

Rishi Sunak Wife

Rishi Sunak wed Akshata Murty, the daughter of Indian billionaire N. R. Narayana Murthy, the founder of the technology business Infosys, in August of 2009. Akshata Murty is also a technology entrepreneur in her own right. They became friends while attending Stanford University together. She holds a director position with her family’s investment company, which is called Catamaran Ventures.

Rishi Sunak Children

Rishi Sunak has two kids, and they are both girls. Krishna Sunak and Anoushka Sunak are the names of his two children.

Rishi Sunak Social Media

Rishi Sunak’s social media profiles include @RishiSunak on Facebook and Twitter, and @rishisunakmp on Instagram.

Rishi Sunak Net Worth

According to the Sunday Times Rich List, Rishi Sunak and Akshata Murty have an estimated combined worth of roughly $830 million.