After Liz Truss’ 44-day prime ministership, which was the shortest in history, Rishi Sunak became the UK’s new prime minister. People were intensely interested in his wife, Akshata Murthy, and started Googling things like “how rich is Rishi Sunak’s wife,” “Rishi Sunak wife job,” and “Rishi Sunak wife company.”
So, here’s everything you need to know about Akshata Murthy, the millionaire Rishi married in a two-day ceremony in Bangalore in 2009.
Akshata Murthy: Who is Rishi Sunak’s Millionaire Wife?
Akshata met Rishi when she was a student at Stanford University in the United States. Rishi had won a Fulbright scholarship, and Tatler described Akshata as “an artistic and fashion-loving student with a deep passion for India’s traditional craftsmanship.”
Rishi told The Times about his marriage, “My family all drinks, and my wife definitely drinks.” It really bothers her that I don’t drink,’ he said, adding that he was persuaded to have a couple of shots before his wedding to Akshata, but he didn’t like the taste.
In many other ways, Rishi and Akshata’s relationship has shown that opposites attract. “I’m very clean, she’s very messy…. I’m much more organized, but she’s more spontaneous,’ he admitted. “She won’t like me for saying this, but I’ll be honest with you: she doesn’t care much about cleaning. She is a total nightmare. Her clothes are all over the place, and her shoes… oh God, her shoes!’
Where Did Akshata Murty Come From?
Akshata Murty was born in the Indian city of Hubli in April 1980. Her mother Sudha was the first woman hired as an engineer by TATA Engineering and Locomotive Company, which makes the most cars in India.
Sudha got the job after she wrote a letter to the Chairman of TATA complaining that there were no women engineers at the company. The letter got her an interview, which led to a job offer. Sudha is a member of the Gates Foundation and a philanthropist now.
What is Akshata Murty’s Net Worth?
Akshata, who is 42 years old, is the daughter of one of India’s richest men, Narayana Murthy. This makes her part of an impressive family. And until the last year, no one really knew how much money she had.
The Sun says that Rishi’s net worth is around £200 million, while Akshata’s is around £500 million. The Sunday Times Rich List says that the couple has a combined wealth of £730 million, which is more than what the late Queen Elizabeth II had.
The Times says that the couple owns “at least four properties.” One of these is a £7 million house in Kensington where they live with their two children, Krishna and Anoushka. They send their two daughters, Krishna and Anoushka, to a private school for girls in South Kensington. Harper Beckham, the daughter of Victoria and David Beckham, also goes there.
Professional Life of Akshata Murty
After going to school at the Fashion Institute of Design and Merchandising in Los Angeles, Rishi’s wife started her own fashion brand called Akshata Designs in 2007. The company’s goal was to show appreciation for Indian culture by finding and supporting artists in small villages and working with them to use their design ideas as inspiration for something new.
She told Vogue, “I care about the story behind a piece of clothing. It’s about authenticity, craftsmanship, and keeping a rich heritage alive.” “Doing something in India for India is important to me because it’s in our family’s genes.” But Akshata has also talked about how her mother often yelled at her because she cared more about style and fashion than her schoolwork.
Akshata also has shares in her family’s business, Infosys. On her LinkedIn page, she is listed as a director of the business she and Rishi started together, Catamaran Ventures, as well as of the gym chain Digme Fitness and the Etonian tailor New & Lingwood. She has also been linked to the restaurant run by Jamie Oliver.
Does Akshata Murty Have Non-Dom Status?
In April, it came out that Akshata had non-dom status in the UK, which meant she didn’t have to pay UK tax on income from foreign investments, rental payments on overseas properties, or bank interest. It is thought that Akshata may have been able to save £20 million because she was not a British citizen.
A spokesperson at the time said, “Akshata Murty is a citizen of India, where she was born and where her parents live.” India doesn’t let its citizens be citizens of more than one country at the same time. So, according to British law, Ms. Murty’s taxes are treated as if she didn’t live in the UK. She has always paid UK taxes on all of her UK income and will continue to do so.
But after people complained, Akshata gave up her non-dom status and now pays British taxes on all of her income from anywhere in the world.
In a statement, she said, “It’s clear that many people don’t think it fits with my husband’s job as chancellor.” I know and respect the British sense of fairness, and I don’t want my tax situation to be a problem for my husband or my family.
She also said, “Rishi has always respected the fact that I am Indian and just as proud of my country as he is of his.” He has never asked me to give up my Indian citizenship, my ties to India, or my business in India, even though that would have made things easier for him from a political standpoint.
“My decision to pay UK tax on all of my income from everywhere won’t change the fact that India is still where I was born, where my parents live, and where I live. I also love the UK. During the time I’ve been here, I’ve put money into British businesses and helped British causes.
Who is Akshata Murty’s Father?
Akshata’s father Narayana co-founded the IT company Infosys in 1981. It has been said that Akshata owns £430 million worth of shares in her family’s company, which makes her richer than King Charles. The company has an office in Moscow, which has made many people wonder why they are there after what has happened recently.
Final Words
Akshata Murthy is the daughter of one of India’s richest men, Narayana Murthy. Her mother Sudha was the first woman hired as an engineer by TATA Engineering and Locomotive Company. Rishi Sunak married Akshata in a two-day ceremony in Bangalore in 2009. The Sun says that Rishi Sunak’s net worth is around £200 million, while his wife Akshata’s is about £500 million.
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