Inside Rishi Sunak’s life – waiter, family arrest and wife richer than the Queen

Don’t miss a thing by getting the Daily Star’s biggest headlines straight to your inbox!

This year's Autumn Budget is being revealed this afternoon by Rishi Sunak, the Chancellor of the Exchequer.

With an announcement on raises to the national minimum wage and extra funding for the NHS already made public, here's a deeper look at the man behind the red briefcase.

Rishi Sunak, 41, was born in Southampton to Punjabi Hindu parents who had emigrated from East Africa to the UK in the 1960s.

Sunak managed to get a place at the prestigious Winchester College, where he was head boy and editor of the school's newspaper.

But Winchester would come at a price for the Sunaks, as young Rishi missed out on the expected scholarship and his parents decided to take on the high fees themselves, picking up extra work and making what the chancellor has called considerable "sacrifices".

He was often described as a "hard-working boy" and successfully earned a place at Oxford University to study Philosophy, Politics and Economics (PPE).

Unlike most of his classmates at Winchester, in the summer of 1998, prior to heading off to Oxford, 18-year-old Rishi waited tables at Kuti's Brasserie in Southampton, to earn some pocket money, successfully impressing the owner, Kuti Miah, who told him, "You’re going to be someone, Rishi."

To stay up to date with all the latest news, make sure you sign up to one of our newsletters here.

When he arrived at Oxford however, he was nothing like Boris Johnson, who Tatler Magazine described as the "blonde beast who tore apart the Oxford Union", instead referring to him as a "nobody".

Oxford acquaintances remember him as a nerdy teetotaller who was "just very clearly going into business" but was "unknown to the student politicians", claims Marcus Walker, then-president of the Oxford University Conservative Association.

Upon graduating from university with a First in 2001, Sunak started working as an analyst at Goldman Sachs, staying there for three years.

He spent the next two years after that at Stanford University in the US, where he was a Fulbright scholar and obtained an MBA.

During his time stateside is when he met his wife, Akshata Murthy, whom Tatler describe as "an artistic and fashion-loving fellow student with a deep passion for India’s traditional craftsmanship."

Akshata's father, Narayana, is the co-founder of IT company Infosys and is India's 51st richest man and 1,135th worldwide, with a real-time net worth at around $2.3 billion according to the Daily Mail.

It hasn't always been smooth sailing for Narayana however, who was arrested in 1974 by Bulgarian guards on the border with Yugoslavia and was held for five days without food or water, before being ordered to leave the country for the crime of asking questions about life in Bulgaria, which at the time was a Communist state.

Sunak and Akshata married in her home city of Bangalore in 2009 and have two daughters together, Krishna and Anoushka.

The couple have a property portfolio reportedly worth around £10 million, owning "at least four properties", including a £7 million house in Kensington and a £1.5 million Georgian manor in Yorkshire set across 12 acres, in Sunak's constituency of Richmond.

Akshata is a director at her father's investment firm, Catamaran Ventures, and manages her own fashion label, Akshata Designs.

Her shares in Catamaran Ventures are worth £430m, making her one of the wealthiest women in Britain, richer even than the Queen.

  • Queen
  • The Budget
  • Rishi Sunak

Source: Read Full Article