Chancellor Rishi Sunak will be in the spotlight if today (March 23) will make a statement on spring in the House of Commons.
This is just the latest test for a man who has been involved in firefighting since taking charge of the country’s wallets.
Shortly after he moved to 11 Downing Street pandemic he was forced to spend staggering huge sums of money to sustain the economy.
Two years later, Sunak is still in disrepair cost of living crisis – deteriorating in terrible war in Ukraine – sees that utility bills and gasoline prices are rising for families across the country.
(Image: Facebook)
But what do we know about the man himself, who has been a Richmond MP in North Yorkshire since 2015?
The 41-year-old Sunak was born in Southampton to a Punjabi Hindu family who emigrated from East Africa in the 1960s.
He was educated at the posh Winchester College, where he became chairman and editor of the school newspaper – and eventually got a job at Oxford, where he studied philosophy, politics and economics (PPE).
(Image: Rishi Sunak / Twitter)
But unlike some of his more affluent peers, he and his family worked hard to secure a place in elite educational institutions.
Sunak spoke of the “sacrifices” his parents made to afford the fees in Winchester, and Sunak himself soiled his hands before heading to Oxford in 1998, waiting at tables in Kuti’s brasserie in Southampton to earn extra money before than to go to Oxford.
(Image: Getty Images)
The owner of the restaurant Kuti Mia prudently told him: “You will be someone, Rishi.”
Unlike many other future national politicians – Boris Johnsonfor example – Sunak was not a big player in university political circles.
According to Marcus Walker, president of the Conservative Association of Oxford University, he was considered diligent and clearly guided, and he was “unknown to political students.”
And so it went. When Sunak left Oxford (with a first-class diploma) in 2001, he headed to Goldman Sachs as an analyst, staying at the bank for three years.
He then headed across the water to Stanford University, where he was a Fulbright Scholar and received an MBA.
While he was in the US, he met his future wife Akshat Murti, who was of wealthy descent.
Her father, Narayana, co-founded IT giant Infosys and is one of India’s richest people – and the 1135th in the world with a value of about $ 2.3 billion. according to the Daily Mail.
(Image: REUTERS)
To get the latest news and incredible stories from the Daily Star, sign up for our newsletter by clicking here.
Sunaki married in his hometown of Akshata, Bangalore in 2009, and later they had two daughters, Krishna and Anushka.
Their real estate portfolio is estimated to be worth around £ 10 million with “at least four properties”, including a £ 7 million house in Kensington and a Yorkshire estate worth £ 1.5 million located on 12 acres.
Akshata runs his own fashion label Akshata Designs and is a director of his father’s investment firm Catamaran Ventures.
Her stake in Catamaran Ventures is worth £ 430 million, making her one of the richest women in Britain – even richer than the queen.
