Rishi Sunak and his wife Akshata Murty are now richer than Charles III

Rishi Sunak and his wife Akshata Murty are now richer than Charles III
Rishi Sunak and his wife Akshata Murty are now richer than Charles III
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YUI MOK / AFP United Kingdom: Rishi Sunak and his wife Akshata Murty are now richer than King Charles III (Photo of Akshata Murty and her husband British Prime Minister Rishi Sunak at Buckingham Palace on November 21, 2023)

YUI MOK / AFP

United Kingdom: Rishi Sunak and his wife Akshata Murty are now richer than King Charles III (Photo of Akshata Murty and her husband British Prime Minister Rishi Sunak at Buckingham Palace on November 21, 2023)

UNITED KINGDOM – The British Prime Minister has become richer than his king. Rishi Sunak and his wealthy wife Akshata Murty have just entered the list of the 250 richest people in the United Kingdom established by the Sunday Times and unveiled this Friday, May 17.

The couple who already hold the record for the richest tenants of 10 Downing Street, the residence of British Prime Ministers, last year occupied 275th place with a fortune of 529 million pounds sterling. They are now in 254th place with 651 million pounds sterling and are now ahead of King Charles III, who has a fortune estimated at 610 million pounds.

Rishi Sunak’s personal fortune comes from his career in finance and his marriage to Akshata Murty, daughter of an Indian multi-billionaire. Today, their wealth comes from Akshata’s stake in Infosys, an IT company co-founded by her father and based in Bangalore, India.

Prime Minister’s salary only a tiny part of income

As explained by our colleagues from HuffPost UK shares have soared in value over the past 12 months, increasing by £108.8 million to almost £590 million.

Rishi Sunak’s wife also received £13 million in dividends from Infosys over the last year and is set to receive a further £10.5 million this year.

The salary of an MP, at £91,346 and that of Prime Minister 80,807, represents only 6.5% of his personal income, explains the HuffPost British. The rest comes from the strong returns on his investment portfolio.

Media and tax storm

The couple were at the center of a media and tax storm in 2022 when it was revealed that Akshata Murty enjoyed a privileged tax status allowing her not to pay tax to Her Majesty’s Inland Revenue on her earned income. abroad.

And therefore not those perceived in Bangalore. She was able to avoid paying £20.6 million in tax thanks to this status.

At that time, her husband was the country’s finance minister. She then agreed to pay UK taxes on her overseas income earned from 2021.

Also see on The HuffPost:

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