New British PM Rishi Sunak’s wife: Everything you need to know about billionaire ‘first lady’ Akshata Murthy
Rishi Sunak has claimed victory in the Conservative Party leadership contest – but what do we know of the new Prime Minister’s wife?
Stepping into the role after fellow Tory hopeful Penny Mordaunt failed to reach the 100 vote threshold required to progress, 42-year-old Sunak has become the UK’s first asian prime minister- and the youngest in 200 years.
And with the role, comes the new ‘First Lady’ of 10 Downing Street, Rishi’s wife, Akshata Murthy.
Akshata, 42, a fashion designer, married Sunak in Bengaluru, India, in 2009 and will be taking up residence on the famous street with their two daughters Krishna and Anoushka.
So who is Akshata? No stranger to a headline herself, Murthy hit headlines earlier this year when it was revealed she had retained her non-domicile status and managed to avoid hefty tax bills on a personal business.
Reportedly worth £200million, her ‘non-dom’ tax status meant she wasn’t required to pay UK taxes on income earned elsewhere.
It meant Murthy was able to dodge tax on around £11.5m in annual dividends from her stake in her father’s company, paying £30,000 to retain the status.
Her father is Indian billionaire N.R. Narayana Murthy – founder of tech firm Infosys and reportedly worth $4.5 billion. Murthy’s daughter currently holds a 1 percent stake in the firm, with the holding believed to be worth nearly £700m.
The family are also involved in a joint venture with Amazon in India, estimated to be worth £900m.
Studying economics and French at Claremont McKenna College in California, Murthy went on to study Fashion Design and Merchandising in Los Angeles, before going on to gain an MBA from Stanford.
It was there that she met Sunak, who was studying in the US on a prestigious Fulbright scholarship. The coupe married four years later.
Founding her own company Akshata Designs, in 2007, the venture folded soon after. Later going on to found London-based Catamaran Ventures UK with Mr Sunak, the now-PM transferred his shares to her before he became an MP back in 2015.
A businesswoman with her fingers in multiple pies, Ms Murty also owns one UK-based venture capital company and is a director or direct shareholder in at least five other UK companies – one of which is Jamie Oliver’s pizza restaurants.
Moving into number 10 with their children whilst Rishi was Chancellor, the pair will now return to number 11 – in recent years, the preferred home of the Prime Minister due to it being a larger flat than number 10.
The family have multiple properties – a five-bedroom townhouse in London, a manor house in North Yorkshire, a property in Santa Monica, California, and another central London flat.
Invites to the family’s parties have also become sought-after events – it’s reported guests have regularly been treated to feasts of roast venison, canapés and champagne.
With the couple stepping onto the Sunday Times rich list for the first time in May 2022 with a combined fortune of £730m, Sunak has become the first ever politician to appear on the list since its inception in 1989.
HACKAHOLICS DIGITAL SUMMIT 2023: WEMA BANK LAUNCHES AFRICA’S LARGEST GATHERING OF INNOVATORS, DISRUPTORS, REGULATORS, POLICYMAKERS, INVESTORS & CUSTOMERS IN THE DIGITAL SPACE
Wema Bank, Nigeria’s most innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has announced the launch of the Hackaholics Digital Summit 2023, Africa’s largest gathering of innovators, disruptors, regulators, policymakers, investors & customers in the digital space.
This groundbreaking summit will serve as a hub for sharing cutting-edge insights, trends, and best practices in the tech industry towards the positive transformation of technology and innovation not just in Nigeria but across the African continent.
In 2019, Wema Bank introduced Hackaholics, a dedicated initiative targeting youth and startups. Its mission is to provide a stage for entrepreneurs and innovators with transformative, tech-driven concepts to bring their ideas to fruition and refine their skills. The 4th edition of Hackaholics, launched in April 2023, involved several months-long journey to top Nigerian universities to identify and nurture talented students with creative ideas. These students were afforded the opportunity to collaborate, enhance their skills, and actualize their unique concepts through technology. The Hackaholics Digital Summit will host both the grand finale of Hackaholics 4.0 and the inaugural edition of the digital summit.
The Hackaholics Digital Summit 2023 is scheduled for October 6, 2023, in Lagos, Nigeria, under the theme “Re-Imagine: Disrupting the Ecosystem for Scale.” This multifaceted event commences with the launch of the Hackaholics Digital Summit and concludes with the exciting grand finale of Hackaholics 4.0. During this grand event, the standout teams from the competition will showcase their innovations, contending for the prestigious titles of Hackaholics 4.0 winners.
Notably, the winning team will receive a grant of N10,000,000 worth of prizes, the first runner-up N7,000,000 worth of prizes, the second runner-up N5,000,000 worth of prizes, while a special N3,000,000 grant is reserved exclusively for a female-led team. Additionally, a N15,000,000 grant will be allocated to University STEM endowment.
The Digital Summit will further encompass an array of simultaneous master classes, providing attendees with the opportunity to witness the emergence of Africa’s technological future while gaining invaluable insights from renowned experts. These masterclasses will delve into topics such as “The Future of Financial Services,” “Venture Capital and Funding Viable Innovation for Scale,” and “Strategic Technology for Impact & Societal Change: Transforming Today & Tomorrow’s World.”
Attendance to this prestigious event is by invitation only; however, interested customers and technology enthusiasts can secure a spot at the Wema Bank Hackaholics Digital Summit 2023 by registering at https://hackaholics.wemabank.com/digital-summit.
Don’t miss the chance to be part of this exceptional gathering, charting the course for the future of technology in Africa.
Primate Ayodele’s Prophecy Fulfilled As Godswill Akpabio Faces Impeachment Threat (VIDEO)
The emergence of Godswill Akpabio as the senate president of Nigeria may have been approved physically but spiritually, there were pockets of resistance for his leadership. This claim has now been authenticated following the impeachment threats currently facing the politician.
Long before the senate presidency election, the electorates were warned by Primate Ayodele about the choice of their candidate. The global prophet went as far as mentioning names of candidates that have the approval of God but in the usual character of Nigerian politicians, they ignored.
Primate Ayodele repeatedly said that an Igbo person is the right candidate to become the next senate president but the most prominent person in that category wasn’t allowed to get the seat, the electorates threw their weight behind Godswill Akpabio.
It would also be recalled that immediately Akpabio won, Primate Ayodele stated that there would be problems in the house. Some supporters of the politician thought Primate Ayodele had a personal issue with their principal and went on to verbally attack the prophet. Little did they know that it won’t even take long before things unfold.
In a video shared on Primate Ayodele’s tiktok account in August, the prophet clearly revealed that some people will launch an attack of impeachment on Godswill Akpabio. Every normal person would have thought this will not come to pass anytime soon because the government is still new and there were no issues at the time Primate Ayodele released that prophecy but prophets don’t operate on the normal realm, they have the ability to see stillness in the midst of a raging storm and a raging storm in the midst of stillness.
These were the words of Primate Ayodele:
‘’I see that some people will launch attack of impeachment on Akpabio, they will condemn him and will begin to have problems.’’
As the prophet revealed, reports making rounds have it that the Senate President is going through an impeachment attack which was launched by two senators from the north. According to the reports, former governors who are also in the senate have joined the league of senators seeking for the impeachment of Godswill Akpabio.
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