Rishi Sunak, Akshata Murty's combined fortune double of King Charles III
Darpan News Desk IANS, 25 Oct, 2022 01:56 PM
London, Oct 25 (IANS) Rishi Sunak, who will on Tuesday become the UKs 57th Prime Minister, is richer than King Charles III and, at 42, younger than every predecessor except William Pitt the Younger, the media reported.
Sunak will also be the UK's first ever person of colour to lead the country, and first Hindu Prime Minister, The Guardian reported.
He was born in Southampton in 1980 to Indian parents who had moved to the UK from east Africa. His father was a general practioner and his mother ran her own pharmacy.
The eldest of three children, Sunak was educated at a private boarding school, Winchester College, which costs 43,335 pounds a year to attend. He was head boy, and has in recent years made multiple donations to the school.
Sunak went on to study politics, philosophy and economics at the University of Oxford. He was awarded a first-class degree. He later gained an MBA at Stanford University, where he met Akshata Murty, his future wife, but where few others remember him, The Guardian reported.
Murty, 42, is the daughter of the Indian billionaire NR Narayana Murthy, often described as the Bill Gates of India, who founded the software company Infosys.
According to reports, his daughter has a 0.91 per cent stake in the company, worth about 700 million pounds.
The couple married in her home town of Bengaluru in a two-day ceremony in 2009 attended by 1,000 guests. They have two daughters, Krishna and Anoushka.
In April this year, it emerged that Murty was a non-domiciled UK resident, meaning she avoided UK taxes on her international earnings in return for paying an annual charge of 30,000 pounds.
Without that non-dom status she could have been liable for more than 20 million pounds of UK taxes on these windfalls, it was reported.
After a public outcry, her spokesperson announced she would start paying UK taxes on her overseas earnings to relieve political pressure on her husband, The Guardian reported.
Still, Sunak and Murty's combined fortune is estimated to be 730 million pounds, double the estimated 300 million-350 million pounds wealth of King Charles III and Camilla, Queen Consort.
They own four properties spread across the world and valued at more than 15 million pounds, The Guardian reported.
In his first comments on Kashmir, Taliban spokesman Zabiullah Mujahid has said that Pakistan and India should sit together to resolve all their outstanding issues because both are neighbours and their interests are linked to each other.
The Haqqani network also established close ties with Pakistan's powerful yet notorious Inter-Services Intelligence (ISI), which provided it weapons, training, and financial support.
British Prime Minister Boris Johnson, who hosted the summit, and France's Emmanuel Macron were among those calling for an extension in order to more fully evacuate all foreign nationals and vulnerable Afghans who helped the Americans and the NATO allies before the country's recent fall to the Taliban.
The Pentagon promptly announced it will press ahead with plans to require members of the military to get vaccinated amid the battle against the extra-contagious delta variant. Louisiana State University likewise said it will demand its students get the shot.
The situation at the Kabul airport has remained tense ever since the Taliban fighters swept into Kabul without encountering any resistance, and gained full control over the Afghan capital within a few hours on August 15.
Barrons, a Dow Jones & Company publication, said that tensions in the "Middle East have the potential to lift prices." It noted that earlier JP Morgan had predicted that oil prices could touch $80 a barrel with rising demand and constraint supply.
