Beautiful Virgin Islands

Tuesday, Jun 03, 2025

UK Minister Rishi Sunak's Wife Is Richer Than The Queen: Report

UK Minister Rishi Sunak's Wife Is Richer Than The Queen: Report

Rishi Sunak's wife Akshata Murty owns shares worth almost a billion dollars in Infosys while Queen Elizabeth II has personal wealth of about 350 million pounds ($460 million).

Akshata Murty, the Indian wife of embattled British finance minister Rishi Sunak, is richer than the queen as the daughter of a self-made tech billionaire and a no-less-formidable engineer and philanthropist mother.

Mr Sunak, once seen as a future prime minister of UK, has seen his popularity sink because of surging consumer prices, while recent reports that Ms Murty's foreign earnings are shielded from British tax authorities have added to the pressure.

Her father, NR Narayana Murthy, 75, co-founded tech giant Infosys in 1981, the outsourcing behemoth that helped drive India's remarkable transformation into the "back office of the world".

Borrowing ₹ 10,000 ($130) from his wife Sudha Murthy to help create it, the firm is now worth around $100 billion and was the first Indian company to list on Wall Street.

Sudha Murthy, 71, meanwhile was Tata Motors' first female engineer after famously complaining via a postcard to the chairman about the firm's stipulation that "lady candidates need not apply".

Rishi Sunak and Akshata Murthy met at Stanford University in the US when the latter was pursuing her MBA. The future chancellor of the exchequer was a Fulbright scholar already with a first-class Oxford degree.

Their 2009 wedding was a relatively modest affair, but the reception was attended by about 1,000 guests including politicians, industrialists and cricketers.

"Smear" Campaign


Akshata Murty, 42, owns shares worth almost a billion dollars in Infosys, according to the company's disclosure to the stock exchange.

This makes her richer than Queen Elizabeth II, whose personal wealth is about 350 million pounds ($460 million), according to the 2021 Sunday Times Rich List.

The couple own at least four properties, including a 7 million pounds five-bedroom house in upscale Kensington, London, and a flat in Santa Monica, California.

Akshata Murty is also the director of venture capital company Catamaran Ventures that she founded with Sunak in 2013.

She confirmed this week that she "is treated as non-domiciled for UK tax purposes", meaning returns from her Infosys stake are only liable for taxation outside Britain.

Mr Sunak told the Sun newspaper for Friday's edition that "to smear my wife to get at me is awful".

He said "it would not be reasonable or fair to ask her to sever ties with her country because she happens to be married to me".

Akshata Murty created her own fashion label, Akshata Designs, in 2010.

According to a 2011 Vogue profile, she works with artists in remote villages to create Indian-meets-Western fusion clothes that are "vehicles to discovering Indian culture".

"I believe we live in a materialistic society," she told the magazine. "People are becoming more conscious about the world they live in. Doing good is fashionable."

Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
China Accuses US of Violating Trade Truce
Panama Port Owner Balances US-China Pressures
France Implements Nationwide Outdoor Smoking Ban to Protect Children
German Chancellor Merz Keeps Putin Guessing on Missile Strategy
Mandelson Criticizes UK's 'Fetish' for Abandoning EU Regulations
British Fishing Boat Owner Fined €30,000 by French Authorities
Dutch government falls as far-right leader Wilders quits coalition
Harvard Urges US to Unfreeze Funds for Public Health Research
Businessman Mauled by Lion at Luxury Namibian Lodge
Researchers Consider New Destinations Beyond the U.S.
53-Year-Old Doctor Claims Biological Age of 23
Trump Struggles to Secure Trade Deals With China and Europe
Russia to Return 6,000 Corpses Under Ukraine Prisoner Swap Deal
Microsoft Lays Off Hundreds More Amid Restructuring
Harvey Weinstein’s Publicist Embraces Notoriety
Macron and Meloni Seek Unity Despite Tensions
Trump Administration Accused of Obstructing Deportation Cases
Newark Mayor Sues Over Arrest at Immigration Facility
Center-Left Candidate Projected to Win South Korean Presidency
Trump’s Tariffs Predicted to Stall Global Economic Growth
South Korea’s President-Elect Expected to Take Softer Line on Trump and North Korea
Trump’s China Strategy Remains a Geopolitical Puzzle
Ukraine Executes Long-Range Drone Strikes on Russian Airbases
Conservative Karol Nawrocki wins Poland’s presidential election
Study Identifies Potential Radicalization Risk Among Over One Million Muslims in Germany
Good news: Annalena Baerbock Elected President of the UN General Assembly
Apple Appeals EU Law Over User Data Sharing Requirements
South Africa: "First Black Bank" Collapses after Being Looted by Owners
Poland will now withdraw from the EU migration pact after pro-Trump nationalist wins Election
"That's Disgusting, Don’t Say It Again": The Trump Joke That Made the President Boil
Trump Cancels NASA Nominee Over Democratic Donations
Paris Saint-Germain's Greatest Triumph Is Football’s Lowest Point
OnlyFans for Sale: From Lockdown Lifeline to Eight-Billion-Dollar Empire
Mayor’s Security Officer Implicated | Shocking New Details Emerge in NYC Kidnapping Case
Hegseth Warns of Potential Chinese Military Action Against Taiwan
OPEC+ Agrees to Increase Oil Output for Third Consecutive Month
Jamie Dimon Warns U.S. Bond Market Faces Pressure from Rising Debt
Turkey Detains Istanbul Officials Amid Anti-Corruption Crackdown
Taylor Swift Gains Ownership of Her First Six Albums
Bangkok Ranked World's Top City for Remote Work in 2025
Satirical Sketch Sparks Political Spouse Feud in South Korea
Indonesia Quarry Collapse Leaves Multiple Dead and Missing
South Korean Election Video Pulled Amid Misogyny Outcry
Asian Economies Shift Away from US Dollar Amid Trade Tensions
Netflix Investigates Allegations of On-Set Mistreatment in K-Drama Production
US Defence Chief Reaffirms Strong Ties with Singapore Amid Regional Tensions
Vietnam Faces Strategic Dilemma Over China's Mekong River Projects
Malaysia's First AI Preacher Sparks Debate on Islamic Principles
White House Press Secretary Criticizes Harvard Funding, Advocates for Vocational Training
France to Implement Nationwide Smoking Ban in Outdoor Spaces Frequented by Children
×