5 December, 2025, 6:59 pm Central - 25°C Clouds

Richer than the royals: Win puts Rishi Sunak’s wealth in the spotlight

Richer than the royals: Win puts Rishi Sunak’s wealth in the spotlight

By Zodelle Bhan
25/10/2022
Rishi Sunak is one of the wealthiest people in Britain

Rishi Sunak is one of the wealthiest people in Britain and will soon be the most powerful when he becomes the Prime Minister.

This may be the first time in history that the residents of Downing Street are richer than those of Buckingham Palace.

Brits are used to being ruled by elites Boris Johnson was about as elite as they come but Sunak is not just rich, he is super rich, which has prompted some to ask whether his vast fortune makes him too rich to be Prime Minister.

His backers, however, say it is precisely his background as chancellor and the years spent making money that qualify him to lead a deeply damaged nation during these economically tumultuous times.

Boris Johnson drops bid to return to power in U.K. leaving Rishi Sunak with strong lead.

Sunak, a former banker, and his wife, Indian tech (air-ress)heiress Akshata Murty, have an estimated fortune of about $730 million pounds, according to the Sunday Times Rich List.

On this year’s list, published before her death, Queen Elizabeth II was estimated to have about $370 million pounds by comparison.

The couple’s money comes primarily from Murty’s stake in her father’s company, Infosys.

She also owns start-up incubator Catamaran Ventures UK and has shares in half a dozen or so other companies.

The couple have at least three homes in Britain, as well as a Santa Monica, California property valued at around $6 million.

[Source: The Washington Post]

FEATURE NEWS
Attorney General must work closely with the GCC on reform of native land laws - President
The principle of free, prior, informed consent or the requirement for effective consultations is crucial to the reform of our laws on native land and ...
2 hours ago
LATEST NEWS
Deaf respondents were among the most affected by online abuse during COVID-19 survey
Findings from the Fiji Disabled People’s Federation and the Disability Rights Fund survey show that during COVID-19, 24 percent of respondents ...
1 hour ago

$140,000 renovation project of Empower Pacific Counselling Centre aims to provide improved services
A $140,000 renovation project, funded through a donation by the Church of Jesus Christ of Latter-day Saints, has seen the soft-launch of the Empower ...
1 hour ago

People's Fiji and Next Gen Alliance Party applications released for public objection
The Fijian Elections Office has confirmed the publication of applications from two proposed political parties. Speaking to the media, Supervisor ...
2 hours ago

Tourism Fiji strengthens its engagement with operators in Vanua Levu and Taveuni
A platform for open discussion on opportunities, constraints, and pathways to improve tourism outcomes in Vanua Levu and Taveuni was the main focus ...
3 hours ago

Vou makes history as first Fijians to headline major NZ Arts Festival
A proud moment for Fiji’s creative industry is on the horizon, as Vou Dance Company prepares to make history on two of New Zealand’s major arts ...
4 hours ago



Stay tuned for the latest news on our radio stations

CFL radio frequencies
IN DEPTH
Fiji Law Society Convention 2025
There is a constant struggle that we seem to have in Fiji with upholding and respecting the rule of law, and in my view, I think it starts at the ...
9 hours ago

Tribunal case of suspended Commissioner of Corrections Dr Nakarawa
Tribunal proceedings for suspended Corrections Commissioner Dr Nakarawa are underway, focusing on allegations of misbehaviour during his tenure as ...
9 hours ago

Inspire Pacific Founder Ben Morrison and Peer Mentor Tikiko Tavualevu on fijivillage Straight Talk with Vijay Narayan
Pastor Ben Morrison and Tikiko Tavualevu on fijivillage Straight Talk with Vijay Narayan as they discuss Inspire Pacific’s specialised ...
1 day ago

TOP