Who is Rishi Sunak, who is going to be the Prime Minister of Britain
Rishi Sunak is an Indian-origin British politician who served as Chancellor of the Exchequer of the United Kingdom from 2020 to 2022, before being Chief Secretary of the Treasury from 2019 to 2020. Sunak is a member of the Conservative Party. He has been the Member of Parliament for Richmond in North Yorkshire since 2015, let us now know where he is from, and who is in his family. Know all these things in detail.
Biography of Rishi Sunak:
|Parents||Father’s Name is Yashveer and Mother’s Name, Usha|
|siblings||Brother’s name is Sanjay and Sister’s name Rakhi|
|net worth||close to 3.1 billion pounds|
Rishi Sunak’s birth and family identity:
Rishi Sunak was born on 12 May 1980 in Southampton, UK. His family is Indian Punjabi Hindu. His mother Usha Sunak was a pharmacist and his father Yashveer Sunak was a general physician. He was the eldest of three siblings in his family. Yashwant Sunak who is the father of Rishi Sunak was born in Kenya. Wherein his mother Usha was born in Tanzania. Although his grandparents were Indians. That’s why they call themselves Indians. Rishi Sunak’s brother Sanjay is a psychologist, as well as his sister Rakhi, who works in the Foreign, Commonwealth and Development Office for Peacebuilding and the United Nations.
Teachings of Rishi Sunak:
Rishi Sunak did his early education at Winchester College, which is a boarding school. There he was the head boy and editor of the school. After this, he did his further education at Lincoln College, Oxford. where he studied politics and economics. In addition to his studies, he did an internship at the Conservative campaign headquarters. In 2006, he earned an MBA degree from Stanford University.
Rishi Sunak did his first job in a US investment bank based in California named Goldman Sachs. In this, he worked as an analyst. In 2004, he also worked at the hedge fund management firm The Children’s Investment Fund Management. After that left the job in the year 2009. The firm started in October 2010 with an initial investment of approximately $536 million. Whose name was Thelem Partners?
Then in 2013, he and his wife were made directors of the investment firm Catamaran Ventures UK Limited by their father-in-law. After which he resigned from this post on 30 April 2015.
Rishi Sunak first met his wife at Stanford University. Where he and his wife were studying MBA. Let us tell you that his wife is the daughter of Indian billionaire NR Narayana Murthy. She also serves as the Director of Catamaran Ventures. Rishi Sunak and his wife live near Northallerton, North Yorkshire. With whom his two daughters also live.
Rishi Sunak likes to stay fit the most, and play cricket and play football. Whenever he is free, he likes to do this activity. This is so that he can keep himself and his mind calm and work better.
Wealth and earnings:
Rishi Sunak is one of the richest people in England. Rishi Sunak has earned a lot of money in business and politics. If we talk about his net worth, then he is now close to 3.1 billion pounds. Talking about it in Indian rupees, it is equal to about 300 crores. According to a report, after marrying Akshata Murthy in 2009, his business skyrocketed.
The political career of Rishi Sunak:
Rishi Sunak stepped into the UK Parliament for the first time in the year 2014. In fact, when he reached Parliament, then-former MP William Hague refused to contest Richmond. After this Rishi Sunak replaced Richmanj and contested as a Conservative MP candidate.
In the year 2015, Rishi Sunak contested the election and won it. After winning the election, he served on the UK Environment, Food, and Rural Affairs Select Committee from 2015 to 2017.
After this, Rishi Sunak got huge votes in the year 2017. After which he was once again elected as an MP.
Seeing his excellent working style, on 24 July 2019, Britain’s PM Boris Johnson appointed him as the Chief Secretary of the Treasury.
In 2019, he was again elected as MP and this time he got huge votes. After which he became an MP for the third time. Seeing his talent and working style, he kept moving forward. After which on 12 February 2020, he was appointed as the Finance Minister in Boris Johnson’s cabinet.
The career of Rishi Sunak as Finance Minister:
He presented his first budget on 11 March 2020. During his tenure, Rishi Sunak made a big announcement to help the people troubled by the corona epidemic. In which he announced to spend about 30 million. Due to this many lives were also saved and those who had nothing to eat. Then on March 17, 2020, he announced 330 billion in emergency aid for businesses and wages for employees.
In this, they were given subsidies. It was only a few days later that he announced the job retention scheme. But it got a serious response. Because of this, the permission of 1 lakh people was needed which could not be obtained. Due to this scheme was extended till 30 September 2021.
In the 2021 budget, Rishi Sunak increased the deficit to 355 billion pounds in the financial year 2020-21. Which was the highest in peacetime at that time. He then increased the corporation tax from 19 to 25 percent and withheld the tax-free personal allowance for five years. Then the G7 summit in June 2021 established a global minimum tax on multinationals and online companies. Rishi Sunak presented the third budget in October 2021. Which included £5 billion for health research and innovation and £3 billion for skills education.
Chief Secretary to the Treasurer of Rishi Sunak:
Rishi Sunak was appointed as the Chief Secretary to the Treasury on 24 July 2019 by Prime Minister Boris Johnson working with Chancellor Sajid Javid. The very next day he became a member of the Privy Council. He was elected in the 2019 general election with an increased majority of 47.2 percent. Sunak represented the Conservatives during the election campaign.
Appointment of Rishi Sunak as Chancellor of the Exchequer:
Rishi Sunak had already made this suggestion in the press briefing after his appointment as the Treasury. A new economic ministry has been set up under the leadership of Sunak. So that through this the power and political influence can be reduced from the treasury of Sajid Jao. Rishi Sunak is considered a loyalist of Boris Johnson. At the same time, he is also seen as a rising star.
Rishi Sunak took over as chancellor on 13 February 2020 as part of a cabinet reshuffle following the resignation of his predecessor Javid. After which Javid resigned from the throne of the treasury sitting with Prime Minister Johnson. Johnson then put a condition that said that all his advisors in the Treasury should be fired. For this, a new person will be selected. They will be appointed for this.
After resigning, Javid told the Press Association that no self-respecting minister would accept those conditions. These comments have been made many times. Which was given special attention in politics.
Rishi Sunak’s resignation:
On 5 July 2022, he resigned as health secretary following allegations of sexual harassment against Chris Pincher MP. In his resignation letter, he said that the public rightly expects the government should be run properly. Must be able and serious.
He said that I agree that this will be my last ministerial job. But I believe, this fight is because of some reason. Everyone wants the economy of their country to be better than before. For which better steps have to be taken.
Achievement of Rishi Sunak:
His name has been written in the Rich List 2022 in the Sunday Times. In which he has been ranked 222. Due to this he has become the first frontline politician to be included in the list of rich.
Controversies of Rishi Sunak:
Rishi Sunak came into controversy just because of his resignation. He had never been involved in controversy before. Only their marriage was in the headlines. Now the headlines are about the Prime Minister’s seat. Due to this, the eyes of the people are also fixed on him. After all, will he become the PM of Britain?
Interesting facts about Rishi Sunak:
Rishi Sunak has two daughters, the name is Krishna Sunak and Anushka Sunak.
Rishi Sunak used to work in an investment bank from 2001 to 2004. That too as Goldman Sachs and analyst.
Rishi Sunak’s wife Akshata Murthy is one of the richest women in Britain.
Rishi Sunak’s brother Sanjay is a psychologist. Her sister works in the Office of Foreign Affairs, Commonwealth and Development as Head of Humanitarian, Peacebuilding, and United Nations Funds and Programs.