What is Rishi Sunak's net worth?

The UK’s new prime minister and his wife Akshata Murty have a personal fortune of $823 million and are wealthier than King Charles

Britain's new Prime Minister Rishi Sunak delivers a speech outside Number 10 Downing Street. Reuters

King Charles III invites Mr Sunak to become prime minister and form a new government in an audience at Buckingham Palace. PA

Mr Sunak promised to bring stability amid what he called a “profound economic crisis”. PA

The new prime minister is applauded as he enters Number 10. Photo: Simon Walker/ No 10 Downing Street

Mr Sunak is greeted by Cabinet Secretary and Head of the Civil Service Simon Case as he enters 10 Downing Street. AFP

A worker loads a removal van with boxes outside 10 Downing Street. Reuters

Members of the public wait for the arrival of Mr Sunak near Downing Street. AP

Staff in the Foreign and Commonwealth Office watch from the windows as Mr Sunak arrives in Downing Street. PA

An Indian artist in Mumbai creates a painting to congratulate Mr Sunak on becoming prime minister. EPA

Mr Sunak arrives at Buckingham Palace. PA

Incoming prime minister Rishi Sunak arrives at the Conservative Party's headquarters with a wave. AFP

Rishi Sunak is greeted by colleagues upon his arrival. AFP

Conservative MPs applaud as Rishi Sunak arrives. Reuters

Rishi Sunak departs after making a statement inside the Conservative Party's headquarters. PA

Mr Sunak meets the 1922 Committee in Parliament after he was announced as the new leader of the Conservative Party when Penny Mordaunt dropped out. PA

Sir Graham Brady, chairman of the 1922 Committee, announces Mr Sunak as the new leader of the Conservatives and therefore the prime minister. PA

Members of the media work outside No 10 Downing Street, the official residence of Britain's prime minister, in central London, as they await announcements. AFP

Mr Sunak leaves his campaign office in London. AP

A billboard of Liz Truss, the departing prime minister, in London. Bloomberg

Members of the public look through the gates into Downing Street. Reuters

Mr Sunak leaves his home in London on Monday morning. AFP

Leader of the House of Commons and Conservative leadership candidate Penny Mordaunt speaks to the media on Sunday. Ms Mordaunt pulled out of the race moments before the deadline for nominations. PA

Rishi Sunak, who will become the UK’s new prime minister today, and his wife, Akshata Murty, are one of the country’s wealthiest couples, with a combined net worth of £730 million ($823.4m), according to The Sunday Times Rich List 2022.

Their personal fortune makes them the 222nd richest couple in Britain — and means they are wealthier than King Charles, who is now worth $600m after inheriting $500m from his mother, Queen Elizabeth, after her death on September 8.

However, the majority of the couple’s net worth is derived from Ms Murty’s reported £400m stake in Infosys, India’s second-largest IT company that was founded by her billionaire father, Narayana Murty, in 1981.

______________

Watch: everything you need to know about Rishi Sunak

“According to financial filings, Akshata Murty owns 0.93 per cent of Infosys directly and earned around $14m in dividends from the family business in 2021,” according to Celebrity Net Worth, which tracks the wealth and finances of the rich and famous.

“Rishi and Akshata's combined net worth makes them [more than] $200m richer than King Charles,” it added.

Mr Sunak — one of the wealthiest politicians in Westminster — was named the new leader of the Conservative Party on Monday after a shortened leadership contest following the resignation of Liz Truss after only 44 days in office.

The former chancellor, who will be the UK’s third prime minister in less than two months, won the race when rival Penny Mordaunt failed to gain the backing of 100 MPs and after Boris Johnson ended his comeback attempt on Sunday.

Mr Sunak, a former Goldman Sachs hedge fund manager, and Ms Murty, who have two young daughters, also own three properties in the UK and the US, worth a combined total of about $20m, according to Celebrity Net Worth.

“The couple's primary home is a five-bedroom mansion in Kensington, West London … this property alone is worth $10m,” it said.

They also own the Grade II-listed Kirby Sigston Manor, a 4.8-hectare country estate in North Yorkshire, where Mr Sunak’s constituency is based, and a $7m penthouse apartment in the beachside suburb of Santa Monica in the US.

“The family bought the manor in 2015 for £1.5m. After buying the property, they spent an additional £400,000 converting parts of the property into a wellness retreat with a modern pool, spa and gym,” Celebrity Net Worth said.

“They reportedly spend around $20,000 per year just to heat the pool, which is 50 [feet] by 16 feet.”

_____________

Rishi Sunak through the years — in pictures

Mr Sunak was a multimillionaire in his mid-20s, according to The Sunday Times.

In April, Ms Murty, an Indian national, said she would pay UK taxes on her worldwide income after it was disclosed that she was a non-domiciled in Britain for tax purposes.

A month later, Mr Sunak was under pressure from the UK’s Labour Party, which asked him to explain whether his family was benefitting from Infosys’ presence in Russia.

“This is a matter for Infosys and should be addressed to them,” a spokeswoman for Ms Murty said at the time.

“Ms Murty is one of many minority shareholders and has no involvement in the operational decisions of the company.”

_________

Listen: Who wants to be a millionaire?