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Who is Akshata Murty? Life and career of Rishi Sunak’s wife explored

As the Tory leadership contest narrows down to its final two candidates, we’re exploring the lives and careers of Truss, Sunak and those who are…

The post Who is Akshata Murty? Life and career of Rishi Sunak’s wife explored appeared first on HITC.

As the Tory leadership contest narrows down to its final two candidates, we’re exploring the lives and careers of Truss, Sunak and those who are important to them. So, here’s everything we know about Rishi Sunak’s wife, Akshata Murty.

Exploring Akshata Murty’s business career

Photo by TRISTAN FEWINGS/POOL/AFP via Getty Images

Prior to her business career and marriage to Sunak, Akshata Murty was born into an immensely wealthy background. Murty’s grandparents raised Akshata in the city of Hubli. This was before her parents moved her to Mumbai at the age of two.

While Akshata’s grandparents handled the bulk of the parenting duties, her parents Nagavara Ramarao & Sudha Murthy co-founded the technology company Infosys.

In 2021, Infosys became the fourth ever Indian company to reach $100 billion in market capitalisation. Akshata Murty’s father is currently being valued at a net worth of $3.7 billion.

After Akshata obtained a degree in Economics and French from Claremont McKenna College, California, Akshata eventually went on to establush her own Fashion company, Akshata Designs. Although the company closed within three years of trading.

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Marriage to PM hopeful Rishi Sunak

Photo by Carl Court/Getty Images

The pair met while both studying for master’s degrees in Silicon Valley. Akshata and Sunak tied the knot in 2009, in what was reported to be a rather low-key ceremony.

Akshata’s father approved of the couple immediately. He penned an open letter to her and admitted he found Sunak to be “brilliant, handsome, and, most importantly, honest”.

The power couple owns several properties together. The Guardian reported in 2022 their six-storey holiday apartment in California is worth $7.2m. It is said to offer “stunning views of the Santa Monica mountain”.

However, Akshata Murty and Rishi Sunak were subjected to a great deal of controversy recently. Questions were raised over Akshata’s tax status in April 2022.

Non-domiciled residency controversy

Akshata’s income derives mainly from shares in her parent’s company, Infosys. The shares are valued at just under £700 million – leading to people pointing out in April that her net worth is greater than the Queen’s. Elizabeth II net worth is estimated to be around £370 million.

The controversy surrounding Akshata’s wealth arose from the fact that she has a ‘non-dom tax status‘. This means that despite living in the U.K., she is eligible to pay her tax abroad.

Rishi Sunak spoke out about the scepticism regarding his wife’s tax affairs, claiming that it was “very upsetting” and “wrong for people to try and come at (his) wife”.

It is thought that Akshata Murty’s shares in Infosys pay out an annual dividend of £11.5 million.
The post Who is Akshata Murty? Life and career of Rishi Sunak’s wife explored appeared first on Ladunblog.

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