Rishi Sunak

Rishi Sunak- Biography

Rishi Sunak is a British politician who has served as the Chancellor of the Exchequer since 2020. Before becoming Chancellor of the Exchequer, he was a member of the Conservative Party and served as Chief Secretary to the Treasurer. Since 2015, he has served in the House of Commons.

What is the Net Worth of Rishi Sunak? Salary, Earnings

He is undoubtedly wealthy due to his position as a politician, but no figures on his net worth are available. Instead, as a businessman in his job, he makes a salary of 71090 euros. This does not include his MP salary of 79468 euros. He is believed to own a home worth more than ten million euros, and his net wealth as Chancellor of the Exchequer is expected to be in the millions.

Rishi Sunak- Birth, Age, Ethnicity, Siblings, Parents

Rishi Sunak was born in the United Kingdom’s South Hampton on May 12, 1980. He was born to a Punjabi Hindu family who had immigrated to the United States from East Africa. Yashvir, his father, was born in Kenya, and Usha, his mother, was born in Tanzania. He has two younger brothers and sisters. His brother, Sanjay, is a Psychologist, and his sister, Rakhi, is the Covid- 19 United Nations Engagement and Strategy Lead in the Foreign, Common Wealth and Development Office.

Sunak went to a high school before enrolling at Winchester College, which was an all-boys residential school. After that, he went to Lincoln College in Oxford, where he majored in Philosophy, Politics, and Economics and graduated in 2001. He graduated from Stanford University with an MBA in 2006.

Quick Facts

Rishi Sunak- Relationship, Married Life, Wife

Rishi Sunak is a 40-year-old man who is married to Akshata Murthy, the daughter of Indian billionaire Narayana Murthy. When they were both students at Stanford University, the couple met. Akshata is the director of Catamaran Ventures, her father’s company, and she also runs her fashion label. They married in 2009 in Bangalore, India, after a two-day ceremony. The couple has two daughters and resides in Northallerton, North Yorkshire, with their family.

Rishi Sunak- Professional Career

Between 2001 to 2004, Sunak worked as an analyst at the investment bank Golden Sachs. After that, he worked as a hedge fund manager for The Children’s Investment Fund Management. In 2009, he departed the firm and joined his old colleagues at a new hedge fund firm, which began operations in October 2010. Rishi’s political career began in 2014 when he was chosen as the Conservative Candidate for Richmond. He later became the head of the Black and Minority Ethnic Research Unit, where he co-authored a report on BME communities in the United Kingdom. Rishi was elected as the constituency’s MP in 2015, and he served on the Environment, Food, and Rural Affairs Select Committee from 2015 to 2017.

Secretary

Rishi was appointed as a Chief Secretary to the Treasurer by Prime Minister Theresa May on July 24, 2019, and he worked under Chancellor Sajid Javid till February 2020. By February 2020, it was reported that Javid will retain his position as Chancellor, and Rishi would retain his position as Chief Secretary to the Treasury. Rishi was named Chancellor of the Exchequer on February 13, 2020, after Javid resigned from his job. On the same day that he was named Chancellor, Rishi met with the Prime Minister. Rishi’s first budget was presented on March 11, 2020, and it comprised a budget of 30 billion euros, 12 billion of which was set aside to mitigate the economic impact of the Covid -19.

Rishi stated that 330 billion euros would be spent on emergency company support as well as salary subsidies. The retention plan, which was unveiled on March 20, 2020, was the first time the British government had formed one. Rishi stated in 2021 that the deficit had increased to 355 billion euros till the scheme’s termination in September. Since Healey in 1974, Rishi was the first Chancellor to hike the corporation tax rate.

Body Measurements: Height, Weight, Hair color

Rishi Sunak stands 5 ft 7 inches tall and weighs 70 kg. Furthermore, he has Black hair and Black eyes.

Social Media Details

Rishi Sunak does not have an official presence on social media platforms such as Twitter, Instagram, Facebook, YouTube, and TikTok.

Trivia

• Rishi was the school’s top boy and the editor of the school newspaper.
• During his summer vacations, he worked as a waiter at a curry house in South Hampton.
• When Rishi was still a university student, he interned at Conservative Campaign Headquarters.
• Rishi owns a home in Kensington, as well as a flat in Santa Monica, California.
• He worked for his father-in-investing law firm as a director.
• During the election campaign, Rishu participated in the BBC and ITV’s seven-way election debates, representing the Conservatives.

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