Rishi Sunak (born 12 May 1980) is a British politician and the Prime Minister of the United Kingdom since October 25, 2022. He was the Chancellor of the Exchequer in the Boris Johnson government from 2020 to 2022. He is a member of the Conservative Party and has been a Member of Parliament since the 2015 general election. Sunak resigned as Chancellor of the Exchequer on 5 July 2022 in protest of Boris Johnson's government, causing a government crisis.
|Prime Minister of the United Kingdom|
|Assumed office |
25 October 2022
|Preceded by||Liz Truss|
|Leader of the Conservative Party|
|Assumed office |
24 October 2022
|Preceded by||Liz Truss|
|Chancellor of the Exchequer|
13 February 2020 – 5 July 2022
|Prime Minister||Boris Johnson|
|Preceded by||Sajid Javid|
|Succeeded by||Nadhim Zahawi|
|Member of Parliament |
for Richmond (Yorks)
|Assumed office |
7 May 2015
|Preceded by||William Hague|
|Born||12 May 1980|
Akshata Murty (m. 2009)
|Education||Lincoln College, Oxford (BA)|
Stanford University (MBA)
In July 2022, Sunak announced his candidacy for Leader of the Conservative Party in the 2022 leadership election. He lost the election to Liz Truss in September. However a month later Truss resigned. Sunak ran again to replace her in the second 2022 leadership race. Nobody ran against him. Sunak was elected Conservative Party leader on 24 October 2022. He is the first non-white, first British Asian, and first Hindu person to become prime minister of the United Kingdom.
Sunak was born at Southampton General Hospital in Southampton to Indian parents. Sunak went to school at Winchester College. He later studied at Lincoln College, Oxford, and went to Stanford University as a Fulbright Scholar. After graduating, he worked for Goldman Sachs.
Sunak was elected for Richmond (Yorks) at the 2015 general election. He was in Theresa May's second government as Parliamentary Under-Secretary of State for Local Government. He voted for May's Brexit withdrawal agreement three times. After May resigned, Sunak supported Boris Johnson's campaign to become Conservative leader.
After Johnson was elected, he appointed Sunak as Chief Secretary to the Treasury. Sunak replaced Sajid Javid as Chancellor of the Exchequer after his resignation in February 2020.
Chancellor of ExchequerEdit
As Chancellor, Sunak managed the government's economic response to the economic problems from the government's decision to lockdown to deal with the COVID-19 pandemic in the United Kingdom.
In April 2022, he broke COVID-19 regulations during lockdowns. He was the first Chancellor in British history to be sanctioned for breaking the law while in office. He resigned as Chancellor on 5 July 2022 because he was against Johnson's leadership.
2022 Conservative leadership electionsEdit
On 8 July 2022, he announced his candidacy to replace Johnson in the upcoming Conservative party leadership election. On 20 July 2022, after coming in first in the first five rounds of the election, Sunak advanced to the final round of the election against Liz Truss.
On 5 September 2022, it was announced that Truss had defeated Sunak in the Conservative leadership race by 81,326 votes to 60,399.
A month later after Truss resigned as prime minister in October, Sunak was the front-runner to replace her in the second leadership race of 2022. He announced his candidacy on 23 October 2022. After former Prime Minister Boris Johnson announced he would not run again and Penny Mordaunt withdrawing from the race, Sunak became the only leadership candidate and on 24 October, was announced as Conservative Party leader.
Prime Minister of the United KingdomEdit
Sunak became Prime Minister of the United Kingdom on 25 October 2022. He is the first non-white person and the first Hindu to become prime minister. With a net worth of £730 million, he is the richest British prime minister since Edward Smith-Stanley, 14th Earl of Derby. Here, it should be remembered that almost all Prime Ministers have been comparatively rich. There are one or two exceptions, but in general Prime Ministers have been richer than most people.
He is also the youngest prime minister since William Pitt the Younger.
In 2009, he married fashion designer Akshata Murty. She is the daughter of the Indian billionaire N. R. Narayana Murthy and businesswoman Sudha Murty. They have two children.
They live at a manor house in the village of Kirby Sigston, near to Northallerton, North Yorkshire. They also own a mews house in Kensington in central London, a flat in South Kensington, London, and a penthouse apartment in Santa Monica, California.
- ↑ 1.0 1.1 Lawless, Jill (25 October 2022). "Sunak takes over as UK prime minister amid economic crisis". AP.
- ↑ Heffer, Greg (18 February 2020). "Budget 2020 to remain on 11 March, new Chancellor Rishi Sunak confirms". Sky News. Retrieved 18 February 2020.
- ↑ 3.0 3.1 "Ex-Chancellor Rishi Sunak launches bid to be Conservative leader". BBC News. 8 July 2022.
- ↑ 4.0 4.1 "Rishi Sunak Is Britain's Next Prime Minister. Here's What To Know". TIME. 24 October 2022. Retrieved 25 October 2022.
- ↑ "Rishi Sunak's Southampton childhood described in Lord Ashcroft biography | Daily Echo". www.dailyecho.co.uk. Retrieved 2022-10-23.
- ↑ Media, P. A. (5 July 2022). "Rishi Sunak and Sajid Javid's resignation letters in full". The Guardian. Retrieved 6 July 2022.
- ↑ "Liz Truss and Rishi Sunak will go head-to-head in the race to become the UK's next prime minister". CNBC. Retrieved 20 July 2022.
- ↑ Hughes, David (5 September 2022). "Truss wins Tory leadership race and faces daunting challenge as PM". The Independent. Retrieved 5 September 2022.
- ↑ Woodcock, Andrew (20 October 2022). "Rishi Sunak will make second bid for prime minister, allies claim". The Independent. Retrieved 20 October 2022.
- ↑ Cecil, Lydia Chantler-Hicks, Nicholas (2022-10-21). "Rishi Sunak in early lead but Boris Johnson wins Ben Wallace support - all we know". Evening Standard. Retrieved 2022-10-21.
- ↑ "Rishi Sunak enters race to replace Liz Truss as UK prime minister". The Guardian. 2022-10-23. Retrieved 2022-10-23.
- ↑ "Rishi Sunak to become UK's PM after Mordaunt joins Johnson in withdrawing". the Guardian. 2022-10-24. Retrieved 2022-10-24.
- ↑ "Rishi Sunak set to become the UK's first non-white prime minister—and its richest". Yahoo. 24 October 2022.
- ↑ Tolhurst, Alain (24 October 2022). "Rishi Sunak Becoming First British-Asian Prime Minister Seen As "Historic Moment"". politicshome.com. Retrieved 24 October 2022.
- ↑ "Akshata Murty: Rishi Sunak's wife and richer than the Queen". The Guardian. 7 April 2022. Archived from the original on 7 April 2022. Retrieved 7 April 2022.
- ↑ "Chancellor Rishi Sunak has new pool, gym and tennis court approved". BBC News. 26 August 2021. Archived from the original on 29 August 2021. Retrieved 29 August 2021.
- ↑ Gadher, Dipesh. "New chancellor Rishi Sunak adds Downing Street address to his bulging property portfolio". The Times. Archived from the original on 9 July 2022. Retrieved 15 July 2022.