The contest to determine Liz Truss' successor as leader of the Conservative Party and British prime minister reached a quick resolution on October 24 after House of Commons leader Penny Moridaunt and former PM Boris Johnson withdrew from consideration, paving the way for former chancellor. Finance Minister Rishi Sunak became the first and first Hindus to lead England. What is Rishi Sunak's profile like?
As reported by VOI from Britannica, Rishi Sunak, (born May 12, 1980, Southampton, England), British politicians and financiers who became leaders of the Conservative Party in October 2022. Previously he served as chancellor of the Minister of Finance (202022).
Sunak was born into an immigrant-rooted family. His grandparents migrated from heretosy, in northwest India, to East Africa, where their mothers and fathers were born in Tanzania and Kenya, respectively.
They met and married after their families migrated in the 1960s to Southampton in southern England. Sunak's father became a general practitioner at the National Health Service. His mother, a pharmacist, owns and runs a small pharmacy, where Sunak, the eldest of three children, will eventually keep the books.
Then, during his political career, Sunak will liken his experience of working in the family business and the values he has earned from them and the values of Conservative Party icon Margaret Thatcher, the daughter of a wholesale trader.
As a result of his parents' sacrifices and savings to finance his education, Sunak was able to attendten College, an exclusive private school that has generated no less than six rectors of the Minister of Finance. Apart from being the vocational school' at home, Sunak is the editor of the school newspaper.
During the summer holidays he waited for a table at Indian restaurant Southampton. Sunak continued his philosophy, politics and economic studies (the performances obtained by many future prime ministers) at Lincoln College, Oxford.
There he became president of the Oxford Trading & Investment Society, which gave students the opportunity to learn about global financial and trade markets. While at Oxford, Sunak also had an internship at the Conservative Party headquarters.
After graduating from Oxford in 2001, Sunak became an analyst for Goldman Sachs, working for an investment banking company until 2004. As a graduate of Fulbright, he then pursued an MBA at Stanford University, where he met his future wife, Akshata Murthy, daughter of Narayana Murthy, an Indian billionaire and co-founder of technology giant Infosys.
Returning to England in 2006, Sunak worked at The Children's Investment Fund Management (TCI), a hedge fund operated by Sir Chris Hohn, which made him a partner about two years later. In 2009 Sunak left TCI to join another hedge fund, Theleme Partners.
That year he married Murthy; they will have two daughters. Based on Sunak's success in business and 0.91 percent of his wife's shares in Infosys, the couple began to raise considerable wealth, which is estimated at around 730 million pounds in 2022 by The Sunday Times. (Some sources estimate Akstha Murthy's net worth to reach 1 billion).
Political career
In 2010 Sunak started working for the Conservative Party. During this period he was also involved with the Policy Exchange, a leading Conservative tank think tank, where he was head of the Black Research Unit and Ethnic Minority (BME) in 2014.
That year the Policy Exchange issued A Portrait of Modern Britain, a pamphlet that Sunak wrote with Saratha Rajeswaran, deputy head of the BME unit. In 2014 Sunak was elected the Conservative Party candidate for House of Commons representingTEN in North Yorkshire, a safe Conservative seat north of England long held by former party leader (19972001) William Hague.
In May 2015 Sunak was chosen by the ruling majority. He served as a Euroskeptic and firm in the "fit" camp of the Brexit issue, which he said would make Britain "freer, fairer, and more prosperous."
He was re-elected to Parliament in 2017 and 2019, and he voted three times in support of Prime Minister Brexit's plans by Prime Minister Theresa May.
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