Rishi Sunak is a British politician and Chancellor of the Exchequer, the second most powerful position in the UK government after the Prime Minister. He was appointed to the role in February 2020, succeeding Sajid Javid.
Early Life and Education
Rishi Sunak was born on May 12, 1980, in Southampton, England. His parents were both Hindu immigrants from East Africa. His father was a general practitioner while his mother ran a local pharmacy. Sunak attended Winchester College, an independent boarding school for boys, and then went on to study Philosophy, Politics, and Economics (PPE) at Lincoln College, Oxford.
Career
After completing his studies, Sunak began his career as an analyst with investment bank Goldman Sachs, working in both London and the United States. He later joined a venture capital firm called The Children’s Investment Fund Management, where he was a partner for several years.
In 2015, Sunak entered politics, standing as the Conservative Party candidate for the constituency of Richmond (Yorks) in the 2015 general election. He won the seat and was re-elected in the 2017 and 2019 elections. In July 2019, he was appointed Chief Secretary to the Treasury, and in February 2020, he was promoted to Chancellor of the Exchequer following the resignation of Sajid Javid.
As Chancellor, Sunak has been responsible for managing the UK government’s finances and has been heavily involved in the country’s response to the COVID-19 pandemic, including the implementation of economic support measures such as the furlough scheme and various loan programs.
Personal Life
Rishi Sunak is married to Akshata Murthy, daughter of Indian businessman N. R. Narayana Murthy, co-founder of Infosys. They have two daughters together and live in North Yorkshire.
Net Worth
Rishi Sunak and his tech heiress wife, Akshata Murty, are worth an estimated £730 million ($844 million).
FAQ
What is Rishi Sunak’s net worth? As of 2021, Rishi Sunak’s net worth is estimated to be around £200 million, mostly from his previous career in finance.
What party does Rishi Sunak belong to? Rishi Sunak is a member of the Conservative Party.
What is Rishi Sunak’s educational background? Rishi Sunak studied Philosophy, Politics, and Economics (PPE) at Lincoln College, Oxford.
What is Rishi Sunak’s position in the UK government? Rishi Sunak is the Chancellor of the Exchequer, responsible for managing the UK government’s finances.
What has Rishi Sunak done during the COVID-19 pandemic? As Chancellor, Rishi Sunak has been heavily involved in the UK government’s response to the COVID-19 pandemic, including the implementation of economic support measures such as the furlough scheme and various loan programs.