Rishi Sunak has won the Conservative Party leadership contest, making him the next prime minister of the United Kingdom and one of the wealthiest men to hold the position, but his wealth comes from a surprising source: His wife.
Akshata Murthy is the daughter of billionaire tech founder Nagavara Ramarao Narayana Murthy, who created the Indian IT company Infosys. King Charles has an estimated wealth of $420 million, and thanks to the shares in her father’s company, Murthy has an estimated wealth of just over $800 million.
The shared wealth with Sunak makes him the only prime minister to date who was wealthier than the sitting monarch.
And that wealth comes from ownership of just shy of 1% ownership in the company. Infosys currently has a market value of 1.005 trillion Indian rupees, which is equivalent to just over $12 billion.
Murthy’s father retired from his company but still owns a minority stake in Infosys, which provides him with a personal wealth of over $4 billion.
Sunak himself worked as a banker for Goldman Sachs and later joined the Children’s Investment Fund Management. He met Murthy while studying as a Fulbright scholar at Stanford to earn his MBA.
Murthy’s parents left her to live with her grandparents while they worked to establish their company – a company that would make N.R. Narayana Murthy "the father of India’s tech industry."
Her mother, meanwhile, worked as a computer scientist and was the first female engineer at India’s largest carmaker, part of the Tata conglomerate, according to the Guardian.
No comments:
Post a Comment