Charlotte Foster
Money & Banking

The new UK Prime Minister is richer than King Charles

The new UK Prime Minister and his wife are richer than the royal family, making waves after featuring on the 2022 Rich List.

Rishi Sunak and his wife Akshata Murty, who come from wealthy families and backgrounds, have an estimated fortune of £730 million ($A1.3 billion), according to the Sunday Times 2022 Rich List.

The list placed them as the 222nd richest people in Britain. 

In comparison, the same list placed Queen Elizabeth II’s fortune at £370m ($A660m) before her death.

King Charles III and Camilla, Queen Consort’s wealth is estimated to be between £300m ($A536m) and £350m ($A626m), according to The Guardian.

Mr Sunak formerly worked as a hedge fund manager, while Ms Murty is the daughter of a tech giant who is known as one of the richest men in India.  

She has a A$1.2 billion stake in her father's company, while also working as a fashion designer, and invests in start-ups through her private investment firm.

The couple, both 42, met when they were studying at Stanford University and have two daughters together. 

They have a property portfolio of four homes worth an estimated £15m ($A26.7m), including a penthouse in Los Angeles. 

Mr Sunak won’t only be one, if not the, richest UK prime ministers in history, he will also be the first prime minister of colour and the youngest person to take office in more than 200 years.

He takes over from Liz Truss, who he lost the leadership race to in September. She resigned last week after 44 days in office.

Image credits: Getty Images

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money & banking, Rishi Sunak, Prime Minister, rich list, royal family