Rishi Sunak is the next Prime Minster of the United Kingdom. But, is he also a billionaire.
Following Liz Truss’s lead, it was confirmed that Sunak would become the UK’s new Prime Minister. This makes him the first British PM of color.
Sunak was involved in politics, business and other activities before he took on the role. This helped him to increase his income over time.
Is Rishi Sunak a billionaire?
Sunak is not a billionaire but his combined income along with his wife, Akshata Murty is reported £730 million as of 2022.
TheSunday Times rich listTheir income ranks them 22nd in the UK. The couple has made several real estate investments together that have helped them increase their income over time.
As perThe Guardian, the pair has homes that are estimated to be £15 million and a six-story holiday apartment in California worth $7.2 m.
To add to this, Sunak previously worked as an MP and chancellor, making his government salary nearly £152,000 per year.
An overview of his early years
Sunak was always eager to learn new things. There was never a dull moment during his life. Sunak was born in 1980 to Usha, a chemist worker; and Yashvir in Southampton, a NHS GP. He later studied philosophy, politics and economics at Winchester College.
He then completed his MBA at Stanford University, an Ivy League university. After finishing his studies, Sunak went back to the UK where he was hired as an analyst at Goldman Sachs. From 2001 to 2004, he worked there.
He then joined the hedge fund management firm Children’s Investment Fund Management. After that, he took on many roles before being appointed the new Prime Minister for the UK.
When will he become the new Prime Minister of Canada?
Sunak will assume the new role of Prime Minister on Tuesday October 25th. As per New York TimesTruss will be chairing a cabinet meeting Tuesday morning at 9 o’clock. At 10:15, she will make her final statement.
Sunak will then address the crowd in his role as the new Prime minister before entering No. 10 Downing Street as Britain’s 57th prime minister.
Rishi Sunak, Rishi’s parents, made a significant medical contribution to his political career.