Rishi Sunak is the new UK Premier, the first of Indian ethnicity


Rishi Sunak is the new UK Premier, the first of Indian ethnicity

Rishi Sunak is the new UK Premier. Sunak, 42, is the first Premier in British history of Indian descent, pragmatic brexiteer and former Chancellor of the Exchequer under Boris Johnson. After the formal resignation of Liz Truss, he will automatically be designated British Prime Minister by King Charles III.

Penny Mordaunt, the only rival after the resignation of Boris Johnson, has retired.

Who is Rishi Sunak

In August 2009 he married Akshata Murthy, daughter of Narayana Murthy, an Indian billionaire and one of the founders of Infosys.

The two, who met while studying at Stanford University, have two daughters. Akshata is the director of her father's investment company, Catamaran Ventures, and runs her own fashion brand. They live in Northallerton, North Yorkshire, and also own a house in Kensington and an apartment in Santa Monica, California.

Sunak is a teetotaler and is close friends with James Forsyth, political editor of The Spectator, whom he has known since his school days at Winchester College. Sunak witnessed his marriage to journalist Allegra Stratton, and they are godparents of each other's children.

He is a Southampton FC fan. On April 7, 2022, The Independent newspaper revealed that Akshata Murty, her wife, enjoyed a special tax status, the non-domiciled status, which allowed her to pay no UK tax on her overseas income.

Keir Starmer, leader of the Labor Party, criticized the puzzling hypocrisy of the Sunak-Murty couple, who are allegedly trying to maximize their tax account at a time when the British are experiencing the largest tax hike in half a century.

Faced with the controversy, Akshata Murty announced that she would give up her special tax status. On July 8, 2022, Sunak announced his candidacy to replace Johnson in the upcoming election for leadership of the Conservative Party.

On 5 September he lost the race against Liz Truss, obtaining 42.6% of the votes. After the resignation of Truss herself on the following 20 October, he again announces his candidacy. As the only candidate to have the support of at least 100 MPs on 24 October, with the withdrawal of the candidacies of former Prime Minister Boris Johnson and the leader of the House of Commons Penny Mordaunt, he becomes the new leader of the Conservative Party and Prime Minister in pectore.

Upon graduation, Sunak worked first for Goldman Sachs and then as a partner at the hedge fund management company The Children's Investment Fund Management and became a partner in September 2006. He left in November 2009 to join former colleagues at the new hedge fund firm.

Theleme Partners, launched in October 2010 with an initial capital of $ 700 million. Sunak was also the director of investment firm Catamaran Ventures, owned by his father-in-law, Indian businessman NR Narayana Murthy.