How Rich Is Rishi Sunak, Britain’s Incoming Prime Minister?

But judge him the British tabloids have, anointing him “Rishi Rich.” His wife, a fashion designer, is the daughter of the billionaire founder of the technology company Infosys. Mr. Sunak’s foes have pointed to his penchant for wearing suits that cost 3,500 pounds, about $4,300. They have noted that he wears Prada, once showing up at a construction site in a pair of that brand’s loafers — cost, £490. The couple also have homes in London; his parliamentary constituency in Yorkshire, England; and in Santa Monica, Calif.

Born in Southampton, England, to a father who was a doctor and a mother who ran a pharmacy, he went to Winchester College, one of Britain’s most elite schools. He graduated from Oxford, attended Stanford and made his own fortune as an investment banker at companies like Goldman Sachs before entering Parliament in 2015 and becoming chancellor of the Exchequer in 2020 at age 39.

Now, he will be one of the wealthiest people ever to occupy 10 Downing Street.

This year, Mr. Sunak appeared to try to burnish his bona fides as an ordinary Briton, using a well-worn political trope by venturing into a store to pay for items. But what was clearly a photo opportunity went oh so wrong.

After delivering his mini-budget to the House of Commons in March, he walked into a gas station in New Cross, Lewisham, a mic clipped to his tie, cameras snapping and video cameras filming. Footage aired by Sky News showed the gas station worker raising a device to scan a can of Coke for Mr. Sunak. But the then-chancellor, not realizing the device wasn’t a card machine, awkwardly attempted to pay with his bank card through a plastic screen.

Social media users had no mercy, mocking him as anything but a man of the people.

Article source: https://www.nytimes.com/2022/10/24/world/europe/rishi-sunak-wealth-worth.html