People became intrigued by Rishi Sunak’s wife, Akshata Murthy, as soon as he was elected UK prime minister, and searched for “how rich is Rishi Sunak’s wife,” “Rishi Sunak’s wife’s job,” and “Rishi Sunak wife firm” quickly took off after Liz Truss’ historically brief 44-day reign.
Therefore, the information you need on millionaire Akshata Murthy, whom Rishi wed in Bangalore, India, in 2009, is provided below.
Who Is The Wife Of Rishi Sunak?
Akshata met Rishi while studying at Stanford University in the United States; Rishi received a Fulbright grant. Tatler described Akshata as “an artistic and fashion-loving student with a profound interest in India’s traditional handicraft.”
When discussing his marriage, Rishi told The Times, “My family is all drinkers and my wife drinks.” The fact that I don’t much upset her, he continued, adding that he was coerced into taking a few shots before marrying Akshata but did not like the flavor.
Rishi and Akshata have demonstrated countless times in their relationship that opposites attract. “She’s quite dirty; I’m incredibly organized.” He admitted she is more spontaneous, whereas I am much better organized. She won’t thank me for saying that, but I’ll be honest: She doesn’t like the whole tidying up thing. She is a complete nightmare; there are garments, and, oh my God, there are shoes.
How Wealthy Is Rishi Sunak’s Wife?
Akshata, 42, is a member of a distinguished lineage and is the daughter of Narayana Murthy, one of India’s wealthiest people. And until the previous year, she had been underestimating her wealth.
The Sun estimates Rishi’s net worth at $200 million, while Akshata’s is said to be £ 500 million. According to the Sunday Times Rich List, the couple’s total wealth is enormous, at £730 million, surpassing that of Queen Elizabeth II.
In Kensington, where they reside with their two daughters, Krishna and Anoushka, the pair owns “at least four properties,” including a £7 million home, according to The Times. Their two kids, Krishna and Anoushka, attend the same South Kensington private school as Harper Beckham, a student of Victoria and David Beckham.
What Is The Work Of Rishi Sunak’s Wife?
After attending the Fashion Institute of Design and Merchandising in Los Angeles, Rishi’s wife founded her clothing line in 2007 under Akshata Designs. The company’s mission was to promote Indian culture by finding and supporting artists in outlying communities and collaborating with them to use their design inspiration to develop new products.
She told Vogue, “I’m into the history behind a specific garment, its authenticity, craftsmanship, and safeguarding a rich heritage.” “Indian culture is ingrained in my family’s DNA, so I care about doing something for India.” Akshata has also recalled how her mother would frequently chastise her for putting her academic achievements above her sense of style and clothing.
On her LinkedIn profile, Akshata is listed as a director of the company she founded with Rishi, Catamaran Ventures, the fitness club chain Digme Fitness, and the Etonian clothing company New & Lingwood. She also owns shares in her family’s business, Infosys. Jamie Oliver’s Pizzeria has also been connected to her.
Does Rishi Sunak’s Wife Have Non-dom Status?
Akshata’s non-dom status in the UK was first made public in April after it came to light that she utilized it to evade paying some taxes. In short, her non-dom status prevented her from paying UK taxes on income from international investments, rent paid on foreign residences, and bank interest. According to estimates, Akshata’s non-dom status allowed her to save £20 million.
At that time, a spokeswoman declared: “Akshata Murty is a citizen of India, the nation of her birth and the place of her parent’s residence. Indian people are not permitted to hold dual citizenship with another country. Ms. Murty is therefore considered non-domiciled for tax purposes in the UK, following British legislation. She has always paid UK taxes and will do so in the future on all of her UK income.
But after much criticism, Akshata renounced her non-dom status and began paying British taxes on all of her worldwide earnings.
She stated: “It is evident that many do not think it is compatible with my husband’s position as chancellor. I am aware of and respect the British sense of justice, and I don’t want my spouse or family to be distracted by my tax situation.
She continued, “Rishi has consistently recognized that I am an Indian and am just as patriotic about my nation as he is about his. Despite how doing so might have facilitated his political objectives, he has never requested that I give up my Indian citizenship, connections to India, or commercial concerns.
“India continues to be the country of my birth, citizenship, parents’ home, and place of abode, despite my decision to pay UK tax on all of my worldwide income. However, I also adore the UK. I have supported British causes and invested in British companies during my time here.
From Whence Is The Wife Of Rishi Sunak?
Despite Akshata’s enormous wealth at the moment, she was raised with far less. Since his family didn’t have a phone, Akshata’s father, Narayana, learned about his daughter’s birth in Hubli in 1980 from a colleague. According to the BBC, he told Akshata in a letter, “Your mother and I were young then and attempting to find our feet in our careers.”
For her parents to excel in their careers in Mumbai, Akshata moved in with her grandparents when she was only a few months old. After a year, Narayana established Infosys, the business that brought the family money.
Sudha, Akshata’s mother, was the first female engineer to work for TELCO, India’s largest automaker. She later achieved fame as a novelist and raised Akshata and her brother Rohan. AFP reports that despite the family’s recent prosperity, Akshata and her brother had a relatively typical upbringing with no television in their home and rickshaw rides to school with their friends.
After finishing high school, Akshata immigrated to the United States and enrolled in Claremont McKenna College in California to pursue a degree in economics and French. Before meeting Rishi at Stanford while pursuing her MBA.