Prime Minister Rishi Sunak is wed to Akshata Murthy. Before she moves into Number 10, the following information about Sunak’s wife, rumored to be wealthier than the King, is available.
Who Is Akshata Murthy, Rishi Sunak’s Wife?
2009 saw the two-day wedding of Rishi Sunak and Akshata Murthy in Bangalore. Murthy is the clothing line Akshata Designs’s owner and the director of a venture capital company that her father started in 2010.
She is the daughter of billionaire N.R. Narayana Murty, who founded the I.T. firm Infosys and ranks sixth in terms of wealth in India. Her father is “one of India’s top businesspeople,” according to The Times of India. Akshata formerly worked in marketing and finance.
But she changed her focus to clothes design, collaborating with artists in remote Indian communities. Akshata was obsessed with clothing when she was younger, which perplexed her “no-nonsense engineer mother.”
“I’m into the story behind a particular garment, its authenticity, craftsmanship, and safeguarding a rich tradition,” she said in an interview with Vogue India in 2011. Akshata was further reported as saying: “I feel we live in a materialistic world, and over the last several decades, given the advent of globalization, it has become simpler to market items to a large audience.”
The pair is rumored to own “at least four properties,” according to a February 2020 report in The Times. This includes a five-bedroom Kensington mews mansion valued at roughly £7 million.
How Many Kids Do Akshata Murthy And Rishi Sunak Have?
Krishna and Anoushka are the couple’s two daughters. The home of the family is in North Yorkshire. His girls are largely unknown because he shields them from the media and keeps them off social media. Rishi Sunak claims that his kids keep him “active and entertained” on his “About Me” page in the U.K. Parliament.
Who Are The Parents of Akshata Murthy?
N.R. Narayana Murty, a billionaire and co-founder of the I.T. firm Infosys, is her father. He founded Infosys in 1981, serving as CEO from that year to 2002 and chairman from those years until 2011. After retiring in 2011, Mr. Murty resigned from the board but retained the position of chairman emeritus.
He was referred to as the “father of the Indian I.T. sector” by Time magazine because of his role in outsourcing. Her mother is an Indian social worker, novelist, and engineering teacher named Sudha Murry, nee Kulkarni.
She serves as the Infosys Foundation’s chair. When Sudha first started working, she studied computer science and engineering. She is primarily recognized for her social activities, writing novels, and contribution to Kannada and English literature.
Dr. R. H. Kulkarni, a surgeon, and his wife, Vimala Kulkarni, are the parents of Sudha. She also loves movies a lot and has a collection of 500 DVDs. Two children, Rohan and Akshata, were born to the couple.
What Is The Net Worth of Akshata Murthy?
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According to reports, Akshata is extraordinarily affluent. She is rumored to own £430 million shares representing 0.91% of the family’s I.T. company.
According to the Bloomberg Billionaires Index, Akshata is worth $1.2 billion (£1.06 billion). According to The Scotsman, Indian-born Akshata is now wealthier than the Queen, whose estimated net worth is £500 million.
Her family also has stakes in the company that operates Wendy’s and Jamie Oliver‘s Italian restaurants in India and a joint venture with Amazon worth £900 million annually.
What Is The Net Worth of Rishi Sunak?
British politician Rishi Sunak has an estimated net worth of $800 million. As of this writing, Rishi Sunak will succeed Liz Truss as prime minister of the United Kingdom. Truss resigned after serving in the position for only 44 days.
Rishi, a Conservative Party member, held the positions of Chancellor of the Exchequer from 2020 to 2022 and Chief Secretary to the Treasury from 2019 to 2020. Sunak and Truss were the two remaining candidates to succeed Boris Johnson when he resigned in July 2022 under a slew of scandals and resignations.
In the end, a vote among Conservative Party members chose Truss. Rishi’s riches are primarily due to his wife, Akshata Murty, the daughter of Indian billionaire N.R. Narayana Murthy, as we go into depth in the rest of this piece.
Is Rishi Sunak A Billionaire?
Because of his wife’s wealth, Rishi Sunak has recently been considered a billionaire, but there is a catch: If you are referring to being a billionaire in British pounds, Rishi has never been one. On the other hand, if you’re talking about U.S. dollars, the couple’s fortune has been valued at close to $1 billion at various moments in recent history, especially around the very end of 2021 and the beginning of 2022.
Infosys’ market valuation in March 2022 was $110 billion, up from its current $77 billion. Akshata’s 0.93% ownership was worth about $1 billion. Additionally, the couple’s technical billionaire status has been impacted by the change in the value of the British Pound relative to the U.S. Dollar.
Rishi and Akshata were listed as the 222nd wealthiest persons in the U.K. by the Sunday Times Rich List in early 2022, with a fortune estimated at 730 million pounds. At the time, the dollar-to-pound exchange rate was 1.35 to 1.
730 million pounds were worth $985 million at that time. Their U.S. dollar equivalent wealth was worth $788 million in September 2022, when the Pound’s value reached a low of 1.08 to 1. Additionally, between January and September 2022, Infosys’s market cap decreased from $110 billion to $77 billion, significantly lowering the couple’s paper net worth.
Rishi and Akshata’s combined net worth puts them $200 million ahead of King Charles even at “only” $800 million. If you think this is interesting, please share it with your friends. For more updates and the latest news regarding celebrities, Visit Newswatchlist.com.
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