News

Who is Akshata Murty? The mega rich wife of UK Prime Minister Rishi Sunak

Akshata Murty is an Indian-born businesswoman who is believed to be worth over $2 billion

When Akshata Murty was studying at Stanford University, she met Rishi Sunak, who was studying as part of the prestigious Fulbright Scholarship.

The pair became close friends, and eventually began dating. Within four years, they got married.

At the time, Murty’s father says he found Sunak “to be all that you described him to be—brilliant, handsome and, most importantly, honest”.

Akshata is the daughter of Infosys co-founder Narayana Murthy, who has been dubbed the ‘Bill Gates of India’.

Today, his daughter has a stake in the company, which makes her an heiress to a fortune worth billions.

This makes her widely regarded as one of the most successful businesswomen in India.

Infosys is a technology company, which prides itself on digital services and consulting services.

Akshata is widely believed to hold a 0.9 per cent stake in the company, which has led her to a fortune of £730 million.

This makes the Indian billionaire richer than Queen Elizabeth II, whose fortune was placed at £370 million before her death.

However, she has previously come under fire for not paying her fair share of tax.

In fact, she claimed non-domiciled status, which meant she did not pay local tax on her overseas income.

But she gave up this status when her husband became UK Chancellor in 2020.

“I understand and appreciate the British sense of fairness and I do not wish my tax status to be a distraction for my husband or to affect my family,” she said.

Her husband, Rishi Sunak becomes the youngest UK Prime Minister in two centuries.

He said he comes to the job at a time when the UK is facing “a profound economic challenge”.

Up next
Is Australia’s economy being held hostage by the housing market?

Australia’s growing dependence on property is raising questions about the long-term strength of the economy, with housing affordability.

Read the story →
Ticker Today takes a daily view of the world of news, politics and business.With Ahron YoungWhisky & Suits explores law, property finance and business over fine whisky.With Imran Khan and Chris ChristofiThe Founders Method explores practical lessons and systems for entrepreneursWith Jonathan Byrt and Jesse LeeworthyThe Connector explores property and urban growth across Australia and the UK.With Belinda CoateThe Property Playbook delivers research-led insights for property investors.With Tim Graham and Terry RyderState of Hospitality explores the challenges facing Australia's hospitality.With Jeremy KoadlowBuying Power helps young professionals enter property and build lasting wealth.With Victor and Reshmi KumarThe Airport Economist explores global trade, business and economic outlooks.With Tim HarcourtMedia Movers explores the trends shaping Australia's media and global news.With James ManningBroker Business explores strategies to build, grow and sustain a business.With Rex AfrasiabiMoney Matters explores practical financial strategies to build lasting wealth.With Dr Steven EnticottBeyond Education explores the ideas and technology shaping future learning.With Greg CampitelliTicker Air explores the latest aviation news, travel trends and developments.With Ahron YoungEarly Years Dialogue explores the issues shaping Australia's early learning.With Paul MondoMarkets and Machines explores AI, regulation and trends shaping the markets.With Chris BergSocial Intelligence explores how social media and AI transform our daily lives.With Dr Karen SutherlandThe AI Edge explores how artificial intelligence reshapes the world economy.With Brad Gastwirth

More from Ticker

Watch

More in News

View all →