Rishi Sunak Biceps Height Weight Age Wiki Net Worth, Affairs, Marriage, Wife, Children, Family Biography & much more. Rishi Sunak (born 12 May 1980) is a British politician who served as chancellor of the exchequer from 2020 to 2022, having previously served as chief secretary to the Treasury from 2019 to 2020. A member of the Conservative Party, he has been member of Parliament (MP) for Richmond (Yorks) since 2015.
Born in Southampton to a Kenyan father, and Tanzanian mother, who migrated from East Africa, though of Punjabi heritage, Sunak was educated at Winchester College. He subsequently read philosophy, politics and economics (PPE) at Lincoln College, Oxford, and later gained an MBA from Stanford University as a Fulbright Scholar. While studying at Stanford, he met his future wife Akshata Murty, the daughter of N. R. Narayana Murthy, the Indian billionaire businessman who founded Infosys. Sunak and Murthy are the 222nd richest people in Britain, with a combined fortune of £730m as of 2022. After graduating, he worked for Goldman Sachs and later as a partner at the hedge fund firms The Children’s Investment Fund Management and Theleme Partners.
Elected for Richmond (Yorks) at the 2015 general election, he served in Theresa May’s second government as parliamentary under-secretary of state for local government. He voted three times in favour of May’s Brexit withdrawal agreement. After May resigned, Sunak was a supporter of Boris Johnson’s campaign to become Conservative leader. After Johnson was elected and appointed Prime Minister, he appointed Sunak as Chief Secretary to the Treasury. Sunak replaced Sajid Javid as Chancellor of the Exchequer after his resignation in February 2020.
As Chancellor, Sunak was prominent in the government’s financial response to the COVID-19 pandemic and its economic impact, including the furlough and Eat Out to Help Out schemes. In April 2022, he became the first Chancellor Of The Exchequer in British history to have been sanctioned for breaking the law while in office after being issued a fixed penalty notice for breaching COVID-19 regulations during lockdowns. He resigned as chancellor on 5 July 2022, citing the economic policy differences between himself and Johnson in his resignation letter. On 8 July 2022, he announced his candidacy to replace Johnson in the Conservative party leadership election.
Early life and Education
Sunak was born on 12 May 1980 in Southampton to Indian parents Yashvir and Usha Sunak. He is the eldest of three siblings. His father Yashvir was born and raised in the Colony and Protectorate of Kenya (present-day Kenya), while his mother Usha was born in Tanganyika (which later became part of Tanzania). His grandparents were born in Punjab Province, British India, and migrated from East Africa with their children to the UK in the 1960s. Yashvir was a general practitioner, and Usha was a pharmacist who ran a local pharmacy.
Sunak attended Stroud School, a preparatory school in Romsey, Hampshire, and Winchester College, a boys’ independent boarding school, where he was head boy and the editor of the school paper. He was a waiter at a curry house in Southampton during his summer holidays. He read Philosophy, Politics and Economics (PPE) at Lincoln College, Oxford, graduating with a first in 2001. While he was still at university, he undertook an internship at Conservative Campaign Headquarters. In 2001, he was interviewed along with his parents for the BBC documentary Middle Classes: Their Rise and Sprawl, during which he remarked, “I have friends who are aristocrats, I have friends who are upper class, I have friends who are working class… well, not working class”. In 2006, he gained an MBA from Stanford University, where he was a Fulbright scholar.
Sunak married Akshata Murty, the daughter of the Indian billionaire N. R. Narayana Murthy, the founder of Infosys, in August 2009.Britain. Infosys continued to operate in Russia following Russia’s 2022 invasion of Ukraine, which led to criticism of Sunak and his family, but in April Infosys announced it was closing its Russian office. Murty also owns shares in two of Jamie Oliver’s restaurant businesses, Wendy’s in India, Koro Kids and Digme Fitness.
Sunak and Murty met while studying at Stanford University; they have two daughters. Murty is a director of her father’s investment firm, Catamaran Ventures. They live at Kirby Sigston Manor in the village of Kirby Sigston, near to Northallerton, North Yorkshire. They also own a mews house in Kensington in central London, a flat on the Old Brompton Road, London, and a penthouse apartment in Santa Monica, California.
Sunak is a Hindu, and has taken his oath at the House of Commons on the Bhagavad Gita. He is a teetotaller. He was previously a governor of the East London Science School. Sunak has a Labrador called Nova.
Sunak’s brother Sanjay is a psychologist. His sister Raakhi is the Chief of Strategy and Planning at Education Cannot Wait, the United Nations’ global fund for education. Sunak is close friends with The Spectator’s political editor James Forsyth, whom he has known since their school days. Sunak was the best man at Forsyth’s wedding to the journalist Allegra Stratton, and they are godparents to each other’s children.
In April 2022, it was reported that Sunak and his wife had moved out of Downing Street to a newly-refurbished, luxury West London home.
In the Sunday Times Rich List 2022 ranking of the wealthiest people in the UK, Sunak and Murty were placed 222nd, with an estimated combined wealth of £730 million, making him the “first frontline politician to join the rich list”.
Rishi Sunak Height Weight Age Wife Children Family Biography
|Real Name||Rishi Sunak|
|Name earned||“Maharaja of the Dales”|
|Profession(s)||Politician, Businessman, Author|
|Famous for||Affiancing to Bill Gates’ eldest daughter Jennifer Gates|
|Physical Stats & More|
|Height (approx.)||in centimeters– 170 cm|
in meters– 1.70 m
in feet & inches– 5’ 7”
|Political Party||The Conservative Party|
|Political Journey||• Member of Parliament|
for Richmond (Yorks) (7 May 2015- Present)
• Parliamentary Under-Secretary of State for Local Government (9 January 2018 – 24 July 2019)
• Chief Secretary to the Treasury (24 July 2019 – 13 February 2020)
• On 13 February 2022, he became the Chancellor of the Exchequer.
• On 5 July 2022, he resigend as Chancellor of the Exchequer citing loss of confidence in Prime Minister Boris Johnson‘s leadership.
|Biggest Rival||The Labour Party|
|Books||• A Portrait of Modern Britain|
• The Free Ports Opportunity: How Brexit Could Boost Trade, Manufacturing and the North
• A New Era for Retail Bonds: How Our Savings Could Help SMEs Grow
|Date of Birth||12 May 1980 (Monday)|
|Age (as of 2022)||42 Years|
|School||• Winchester College|
|College/University||• Oxford University|
• Stanford University
|Educational Qualification(s)||• A degree in Electrical engineering & physics (Oxford University)|
• An advanced degree in MBA (Stanford University)
|Address||Kirby Sigston, North Yorkshire|
|Hobbies||keeping fit, Playing cricket, Football and Watching movies|
|Controversy||On 7 April 2022, many British neswpapers reported that Rishi Sunak’s wife, Akshata Murthy, claims a non-domiciled tax status in the UK. Acording to British law, this means that she does not have to pay taxes on dividend benefits received from overseas companies. Moreover, amid the Russia-Ukraine War, the opposition questioned Ms. Murthy’s income from Infosys that was still operating some of its functions in Russia; this was when Mr. Sunak himself regularly urged British companies to exit Russia to “inflict maximum economic pain” on the Vladimir Putin administration. Later, it was reported that Infosys had decided to nwithdraw its services from Russia.|
|Relationships & More|
|Marriage Date||August 2009|
|Children||Daughter(s)– Anoushka Sunak, Krishna Sunak|
|Parents||Father– Yashvir Sunak|
Mother– Usha Sunak
|Assets/Properties||A 12-acre mansion in Downing Street, North Yorkshire|
|Salary (approx.)||For MP of Richmond- £79,468 per annum|
For Chancellor of the Exchequer
Sunak worked as an analyst for the investment bank Goldman Sachs between 2001 and 2004. He then worked for the hedge fund management firm The Children’s Investment Fund Management, becoming a partner in September 2006. He left in November 2009 in order to join former colleagues at a new hedge fund firm, Theleme Partners, which launched in October 2010 with $700 million under management. He was also a director of the investment firm Catamaran Ventures, owned by his father-in-law, Indian businessman N. R. Narayana Murthy.
Early political career
Member of Parliament
Sunak was selected as the Conservative candidate for Richmond (Yorks) in October 2014. The seat had previously been held by William Hague, a former leader of the party, foreign secretary and first secretary of state, who chose to stand down at the following general election. The seat is one of the safest Conservative seats in the United Kingdom and has been held by the party for over 100 years. In the same year Sunak was head of the Black and Minority Ethnic (BME) Research Unit of centre-right think tank Policy Exchange, for which he co-wrote a report on BME communities in the UK. He was elected as MP for the constituency at the 2015 general election with a majority of 19,550 (36.2%). During the 2015–2017 parliament he was a member of the Environment, Food and Rural Affairs Select Committee.
Sunak supported the UK leaving the European Union at the June 2016 membership referendum. That year, he wrote a report for the Centre for Policy Studies (a Thatcherite think tank) supporting the establishment of free ports after Brexit, and the following year wrote a report advocating the creation of a retail bond market for small and medium-sized enterprises.
Sunak was re-elected at the 2017 general election, with an increased majority of 23,108 (40.5%). He served as parliamentary under-secretary of state for local government between January 2018 and July 2019. Sunak voted for then-Prime Minister Theresa May’s Brexit withdrawal agreement on all three occasions and voted against a referendum on any withdrawal agreement. He supported Boris Johnson in the 2019 Conservative Party leadership election and co-wrote an article in The Times newspaper with fellow MPs Robert Jenrick, and Oliver Dowden to advocate for Johnson during the campaign in June.
Chief secretary to the Treasury
Sunak was appointed as chief secretary to the Treasury by Prime Minister Boris Johnson on 24 July 2019, serving under Chancellor Sajid Javid. He became a member of the Privy Council the next day.
Sunak was re-elected in the 2019 general election with an increased majority of 27,210 (47.2%). During the election campaign, Sunak represented the Conservatives in both the BBC’s and ITV’s seven-way election debates.
G7 tax reform
Sunak and US Secretary of the Treasury Janet Yellen at the 2021 G7 finance ministers’ meeting
In June 2021, at the G7 summit hosted by Sunak at Lancaster House in London, a tax reform agreement was signed, which in principle, sought to establish a global minimum tax on multinationals and online technology companies. In October 2021, the OECD signed an accord to join the tax reform plan.
Cost of living crisis
In October 2021, Sunak made his third budget statement. It included substantial spending promises to a large extent related to science and education.
Sunak made his spring statement on 23 March 2022. He said that the recovery from the COVID-19 pandemic had been disrupted by the Russian invasion of Ukraine. He cut fuel duty, removed VAT on energy saving equipment (such as solar panels and insulation) and reduced national insurance payments for small businesses and while continuing with a planned national insurance rise in April he promised to align the primary threshold with the basic personal income allowance as of July. He also promises a reduction in income tax in 2024. The Office for Budget Responsibility said that the tax burden would reach its highest level since the 1940s. Sunak also provided some funding to help vulnerable people cope with the rising cost of living.
In April 2022, Keir Starmer said that Sunak was out of touch with the struggles of ordinary people due to the cost of living crisis.
Cryptocurrencies and NFTs
As Chancellor, Sunak was pushing ahead with a new law that would pave the way for stablecoins to be used for everyday payments, despite fears from the Bank of England about the financial stability of the technology. In April 2022, Sunak ordered the Royal Mint to create a UK government-backed non-fungible token (NFT) to be issued by summer 2022.
On 8 July 2022, Sunak announced that he would stand as a candidate in the Conservative party leadership election to replace Johnson.
Conservative politicians who had supported Johnson criticised Sunak as “leading the charge in bringing down the prime minister”, and Jacob Rees-Mogg called him a “high tax chancellor”.
The domain readyforrishi.com was first registered with GoDaddy on 23 December 2021, while ready4rishi.com was registered on 6 July 2022, two days after Sunak resigned as chancellor. The former domain acts as a redirect to the latter.
At the start of 2020, following his appointment as Chancellor of the Exchequer, Sunak arrived in public discourse from relative obscurity. In the early stages of the COVID-19 pandemic, he was very popular by the standards of British politics, being described by one analyst as having “better ratings than any politician since the heydays of Tony Blair”. Various polls showed Sunak remained popular among Conservative supporters and many other Britons throughout 2020. During this time, he was widely seen as the favourite to become the next Prime Minister and leader of Conservative Party. Sunak developed something of a cult media following with jokes and gossip about him being sexually attractive becoming widespread on social media and in magazines.
Public attitudes towards Sunak remained broadly positive in 2021, though his popularity declined steadily over time. By early 2022, with the cost of living becoming a growing focus of public concern, Sunak’s response, as the Chancellor of the Exchequer, was perceived to be inadequate and he received some of his lowest approval ratings. This fall continued as the Sunak family’s financial affairs came under scrutiny.