Rishi sunak

[david44]

EVEN IF POLITICS DOESN'T PAN OUT HE HAS A CUSHION OR A COUPLE SHIFTS AT THE BANK

Does Rishi Sunak’s PS730m fortune make him too rich to be PM? | Rishi Sunak | The Guardian

Does Rishi Sunak’s £730m fortune make him too rich to be PM?


With a weekend home sporting a £400,000 pool and spa, the ‘insanely rich’ ex-chancellor is dividing opinion in his Yorkshire seat

• Tory leadership contest – latest updates

If Rishi Sunak becomes prime minister, it will be first time in history that the occupants of No 10 Downing Street will be richer than the monarch in Buckingham Palace – and at a time when millions of Britons are struggling with a cost of living crisis.


Sunak and his wife, Akshata Murty, are sitting on a combined fortune of about £730m – roughly double the estimated £300m-£350m wealth of King Charles III and Camilla, Queen Consort.

Sunak, who earlier this year became the first frontline politician to ever be included in the Sunday Times Rich List of the UK’s wealthiest people, will also almost rival the King in terms of numbers of official residences.
The former chancellor, who is vying with Boris Johnson and Penny Mordaunt to become Conservative party leader and prime minister, owns a portfolio of four properties spread across the world and valued at more than £15m.
Sunak, his wife and two daughters, Krishna and Anoushka, spend most of the week at their five-bedroom mews house in Kensington, west London, which is estimated by estate agents to be worth more than £7m.



Rishi Sunak’s constituency home at Kirby Sigston in North Yorkshire. Photograph: Richard Saker/The ObserverAt the weekends they retreat to a Grade II-listed Georgian manor house in the picturesque village of Kirby Sigston in his Richmond constituency in North Yorkshire. The house, which the couple bought for £1.5m before he was elected as an MP in 2015, is now worth more than £2m and has been transformed into something of a wellness retreat with a £400,000 indoor swimming pool, gym, yoga studio, hot tub and tennis court.
Soaring energy costs mean it could cost more than £14,000 a year to heat the 12-metre by 5-metre pool – almost six times the average family’s energy bill.
That fortune – and Sunak’s clumsiness in flaunting it – has some people asking if he is too rich to understand the day-to-day struggles of voters. Ashley Blakely, a waitress and coordinator of the Darlington People’s Assembly, said it aggravated her that Sunak had “so much money to throw thousands on heating his pool and having parties when there are single parents, pensioners and working families who will freeze this winter”.
Rachael Maskell, Labour MP for nearby York, has said his new pool showed that he couldn’t be “more out of touch” and “as far as most people are concerned, Rishi Sunak is living on another planet”.
Austin Gordon, manager of Richmondshire Leisure Trust, which runs a charity public swimming pool in nearby Richmond, said the soaring cost of energy meant its continued operation was a daily fight. “It’s hard to criticise someone for spending money how they choose to,” he said. “But we are struggling to keep a pool that serves thousands of local people open.”
Carmel Carrick, who runs Zetland Winestore in Northallerton, the closest town to Sunak’s house, said she thought Sunak should be selected to become the next PM. “Everything he predicted has pretty much happened,” she said. “He warned that tax cuts would lead to rate rises. I think he knows what’s what and will do a good job.”
Carrick, 54, who has met Sunak several times when he has opened events in the town, said he was “a lovely guy” who had done a lot for local people and businesses. Asked about his wealth, she said: “In this world there are people with money and people without. You can’t hold it against him, but you can ask that he runs a government that looks after people.”
Carrick said she worried that the government has not done enough for people who are struggling with the cost of living crisis and energy bills. “As much as everyone says we’re all in it together, we’re not really, are we?” she said. “We have people on the streets thinking how are they going to get through the winter.”
Gary Stevenson, a multimillionaire trader turned inequality campaigner, recently visited a food bank in Northallerton to highlight the inequality in Sunak’s constituency. He said most people using the service didn’t seem to be aware of just how rich their MP – and potential PM – is.
“People have got so much going on with their own lives, it’s hard for them to know just how insanely rich their MP is,” he said. “He is arguably the richest person to ever to sit in parliament, and as chancellor he oversaw the biggest increase in inequality ever.”
Stevenson said he did not think that being very rich should exclude someone from being prime minister, but he said that Sunak’s wealth could quickly become a flashpoint if he became prime minister and oversaw an expected “broad collapse in living standards”.
Sunak’s wealth – most of which comes from his wife, who is the daughter of an Indian software billionaire – was a regular talking point during the last leadership campaign and it is likely to become so again next week. His £450 Prada loafers and £180 smart coffee mug fuelled criticism that the former Winchester college pupil is out of touch.
In a podcast with the Telegraph this summer, Sunak, who made his money at investment bank Goldman Sachs and hedge funds TCI and Theleme Partners, said he was not afraid to answer questions about his fortune.
“I actually quite welcome it, to be honest,” he said. “It is the opposite of annoying. Very few people bring it up with me. While I was chancellor I did town hall [meetings] very regularly with members of the public … virtually nobody asked me about it.”
However, he has repeatedly refused to answer questions about exactly how much money he has or where it is invested. Revelations that Murty claimed non-domicile status, allowing her to avoid UK tax on the £11.6m in annual dividends she collects from her father’s software company Infosys, dogged him through the leadership campaign.
Sunak says he doesn’t think voters care that he wore a bespoke £3,500 Henry Herbert suit or Prada shoes while touring a building site during the campaign. “Values are what are important, what I’m wearing is irrelevant to all of that.”
As well the Yorkshire mansion and the Kensington mews house, the Sunaks own a flat on Old Brompton Road in west London for visiting family, and a Santa Monica beach penthouse valued at £5.5m, which the property developer describes as having “stunning views of the Santa Monica mountains” and where you “wake up to the sound of waves crashing against the shore”.
However, if he wins the leadership contest – and he is the bookies’ favourite to do so – Sunak plans to move back into the flat above No 10 where he lived as chancellor until a few months ago. “It would be a bit odd to not just go back there because all the wallpaper that we did is still up in that flat. That’s where Margaret Thatcher lived, and that always gives me goosebumps every time.”

[armstrong]

At least he's 'probably' not in it for the money. Which has got to be a good thing.

[taxexile]

how much is too much?

keir starmer is reported as being worth around £10 million. does that make him unsuitable to be leader of his party, the party that tells us it exists to help "hard working people". is sunak not a hard working person?, is an entrepreneur not a hard working person? or does one have to wield a shovel or drive a white van to be included as a working person.

[Takeovers]

At least he's 'probably' not in it for the money. Which has got to be a good thing.

He is responsible for buying 50% of the One Web satellite constellation, which is much more expensive and way inferior to Starlink. He did this against the warning of all experts. Surely it is just coincidence that the other 50% of One Web was purchased by an Indian company?

[david44]

Well we've seen The Trussia Today Cowboys let's see if the Indian can do better

[helge]

Does Rishi Sunak’s £730m fortune make him too rich to be PM?

Wow

(how much would that be in US Dollars ?)

[david44]

Wow

(how much would that be in US Dollars ?)

Over a hundred I'll wager plus change, which equates to exactly 730 mill sterling or as might say "adequate"

As Ajarn Anthony Armstrung wisely counselled at least the khvnt ain't in it for the salary

[dirk diggler]

I don't think any of them are in it for the money:

As of 2022, the total annual salary which the prime minister is entitled to is £161,401.

This is split between the salary for the role of prime minister, which is £79,496, while the remaining amount comes from their role as an MP.

[Joe 90]

Because he's a globalist WEF puppet ..his mother in law owns massive shares in Infosys.. he's going to sell the whole country out..introduce a central bank digital currency that they stand to make more billions from...simples!

[docmartin]

Wow

(how much would that be in US Dollars ?)

The dollar equivalent depends on who is the prime minister ...

[Switch]

Sadly,he is the best of a thoroughly bad lot. Our expectations for Members of Parliament are much too low. It might be an old fashioned view, but there was a time when any impropriety from an MP would be dealt with by the higher expectations expected of government service, leading to resignation or dismissal.
Most MPs have crossed that line, many of them more than once.
The fact that Johnson was even allowed, and supported in his attempt to join the bun fight is clearly disgraceful.

The times have changed since involvement spies, rent boys and call girls was considered inappropriate conduct for our representatives. More is the pity.

[Backspin]

Whenever a Russian politician is worth more than $50,000, he is declared a criminal. But when these cocksuckers in the Anglosphere are rich , it is because they are upstanding hard working entrepreneurs. What a joke.

Anyone with a net worth approaching 100 million or more , got that way because of QE and zero interest rates. And they all have a vested interest in keeping their financial bubble ponzis afloat with more QE. Just as he will.

As far as I'm concerned they should all be shot.

[39TG]

Sunak married very well. He seems a very capable lad.

[cyrille]

Whenever a Russian politician is worth more than $50,000, he is declared a criminal. But when these cocksuckers in the Anglosphere are rich , it is because they are upstanding hard working entrepreneurs. What a joke.

Anyone with a net worth approaching 100 million or more , got that way because of QE and zero interest rates. And they all have a vested interest in keeping their financial bubble ponzis afloat with more QE. Just as he will.

As far as I'm concerned they should all be shot.

The number of subjects you expound upon whilst obviously knowing sfa about them is quite amazing.

[Switch]

Whenever a Russian politician is worth more than $50,000, he is declared a criminal. But when these cocksuckers in the Anglosphere are rich , it is because they are upstanding hard working entrepreneurs. What a joke.

Anyone with a net worth approaching 100 million or more , got that way because of QE and zero interest rates. And they all have a vested interest in keeping their financial bubble ponzis afloat with more QE. Just as he will.

As far as I'm concerned they should all be shot.

Very poorly expressed. You are obviously motivated by your QE hobby horse.
Why mention Russia at all? Irrelevant.

Sunak is actually hindered by his partners wealth, and his seemingly charmed existence because of it. Your assumptions are incorrect.

[taxexile]

sunak is successful in his own right, his wifes fortune is just a bonus.

of course a member of a minority that attains success in the uk is kryptonite to the stupid socialists, as they insist their minorities remain fully paid up members of the victim club, to be paraded, pitied and patronised by the labour party to highlight the relentless cruel persecution they endure under the yoke of the stale pale male white colonial oppressors ( and of course the police) that rule the uk with their racism, privilege, nepotism and corruption.

sunak family left india for a better life in uganda, then the indian population were kicked out for being successful, and the uk opened their doors to them and here, with their ethos of family, education, responsibility and hard work they have deservedly thrived, as all those with a similar ethos do.

the uk workshy meathead/slapper class that parasitically feed off the socialist teat could learn a lot from the indian community here.

i wish sunak luck.

[docmartin]

He’s got 24 months to turn it all around and get the Tories up again.
More power to him if he could sort out all the bs and make Britain great again. Whatever the form is.
So not a lot of time unless fate gave him a nice economic booster from somewhere topped off by a statesmanly sorting out of an India vs Pakistan family dispute. Or any dispute would do. Ukraine vs Russia is the logical one.
Interesting times ahead.

[OhOh]

[Backspin]

Very poorly expressed. You are obviously motivated by your QE hobby horse.
Why mention Russia at all? Irrelevant.

Sunak is actually hindered by his partners wealth, and his seemingly charmed existence because of it. Your assumptions are incorrect.

The last 2 ppl to earn an honest fortune , before QE was Bill Gates and Steve Jobs. They made things that were in demand , and expanded their business with real profits. Everything after 2010 has been grift. Behind anyone with a fortune these days is not a stingy hard working business person. It is a gambling gifting cocksucker.

This piece of shit worked for the vampire squid. Goldman Sachs

[Backspin]

Ukraine commander Serhiy Korotkikh on new British PM Rishi Sunak: “Late Roman age. Subjugated barbarians at the helm of empires”.


Which is ironic as Ukraine relies heavily on UK for supplies.

[Edmond]

Sunak married very well. He seems a very capable lad.

He did, and he mostly does.

he's a globalist WEF puppet ..his mother in law owns massive shares in Infosys.. he's going to sell the whole country out..introduce a central bank digital currency that they stand to make more billions from...simples!

Joe's an economist now.

[Looper]

What a relief that that cretinous wench is gone. That was a global embarrassment and casts a shadow on the very system of democracy that we are in the business of promoting. I pegged this Rishi fella for the big chair right from the starter gun. Could not believe it when that dizzy Lizzy got in.

[Joe 90]

Joe's an economist now.

I'm glad you're impressed with the diversity of my posting knowledge, wait till my planned physiology of Slow cooking thread kicks off.
Edith will chop your knackers off for abusing her rice cooker and probably rightly slow cook them for some thai tapas

[Switch]

Backspin:

The Ukraine Commander obviously uses the same weird websites that promote your deluded views.

Ask your parents, what makes their children successful and effective?

[harrybarracuda]

Whatever his skills, he's going to have to pull off a veritable fucking miracle to win the next election.