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How Wealthy Is Rishi Sunak, Britain’s Incoming Prime Minister?


But judge him the British tabloids have, anointing him “Rishi Wealthy.” His wife, a clothier, is the daughter of the billionaire founding father of the technology company Infosys. Mr. Sunak’s foes have pointed to his penchant for wearing suits that cost 3,500 kilos, about $4,300. They’ve noted that he wears Prada, once showing up at a construction site in a pair of that brand’s loafers — cost, £490. The couple even have homes in London; his parliamentary constituency in Yorkshire, England; and in Santa Monica, Calif.

Mr. Sunak’s wealth put him in an unwelcome highlight this 12 months after revelations that his wife, Ms. Murty, the daughter of considered one of India’s richest businessmen, had saved tens of millions of kilos a 12 months in taxes by claiming “non-domiciled” status on dividends from her shares in Infosys. The revelations threatened to stall his political aspirations, and Ms. Murty reversed course by saying she would pay taxes in Britain on her overseas income.

Born in Southampton, England, to a father who was a physician and a mother who ran a pharmacy, he went to Winchester College, considered one of Britain’s most elite schools. He graduated from Oxford, attended Stanford and made his own fortune as an investment banker at corporations like Goldman Sachs before entering Parliament in 2015 and becoming chancellor of the Exchequer in 2020 at age 39.

Now, he will probably be considered one of the wealthiest people ever to occupy 10 Downing Street.

This 12 months, Mr. Sunak appeared to attempt to burnish his bona fides as an abnormal Briton, using a well-worn political trope by venturing right into a store to pay for items. But what was clearly a photograph opportunity went oh so mistaken.

After delivering his mini-budget to the House of Commons in March, he walked right into a gas station in Recent Cross, Lewisham, a mic clipped to his tie, cameras snapping and video cameras filming. Footage aired by Sky News showed the gas station employee raising a tool to scan a can of Coke for Mr. Sunak. However the then-chancellor, not realizing the device wasn’t a card machine, awkwardly attempted to pay along with his bank card through a plastic screen.

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