Skip to content
Search

Latest Stories

Richer than the queen: Rishi Sunak's mega-wealthy wife and in-laws

Richer than the queen: Rishi Sunak's mega-wealthy wife and in-laws

Akshata Murty, the Indian wife of embattled British chancellor Rishi Sunak, is richer than the queen as the daughter of a self-made tech billionaire and a no-less-formidable engineer and philanthropist mother.

Sunak, once seen as a future prime minister, has seen his popularity sink because of surging consumer prices, while recent reports that Murty's foreign earnings are shielded from British tax authorities have added to the pressure.


Her father, NR Narayana Murthy, 75, co-founded tech giant Infosys in 1981, the outsourcing behemoth that helped drive India's remarkable transformation into the "back office of the world".

GettyImages 169757101 scaled Founding member of Infosys, NR Narayana Murthy. (Manjunath Kiran/AFP via Getty Images)

Borrowing 10,000 rupees ($130) from his wife Sudha to help create it, the firm is now worth around $100 billion and was the first Indian company to list on Wall Street.

One of only two non-Americans in Fortune magazine's 2012 list of the "12 greatest entrepreneurs of our time", the Infosys chief's life-changing moment came in 1974 when he was locked up for four nights in communist eastern Europe.

"That cured me from being a confused leftist to a determined compassionate capitalist," Narayana, now worth more than $4 billion, said afterwards.

Sudha, 71, meanwhile was Tata Motors' first female engineer after famously complaining via a postcard to the chairman about the firm's stipulation that "lady candidates need not apply".

Regarded as "India's favourite granny", she is a prolific author and a powerful force in social work after setting up 60,000 libraries and building 16,000 toilets.

- No TV -

She also ensured an austere upbringing for her children Akshata and Rohan, with no television at home and insisting they go to school in an auto-rickshaw like their classmates.

Unusually in class-conscious India, where arranged marriages are still common, Akshata's parents were fine with her comparatively humble choice of husband, a family doctor's son from Southampton.

In a letter to Akshata published in an anthology, her father said he found Sunak "to be all that you had described him to be - brilliant, handsome, and, most importantly, honest".

"I understood why you let your heart be stolen. It was then that I reconciled to sharing your affections with him," he wrote.

GettyImages 1314496780 scaled Britain's Chancellor of the Exchequer Rishi Sunak (Photo by Dan Kitwood/Getty Images)

The couple met at Stanford University in the United States when Akshata was pursuing her MBA. The future chancellor of the exchequer was a Fulbright scholar already with a first-class Oxford degree.

Their 2009 wedding was a relatively modest affair, but the reception was attended by about 1,000 guests including politicians, industrialists and cricketers.

- 'Smear' campaign -

Akshata, 42, owns shares worth almost a billion dollars in Infosys, according to the company's disclosure to the stock exchange.

This makes her richer than the Queen, whose personal wealth is about £350 million ($460 million), according to the 2021 Sunday Times Rich List.

The couple own at least four properties, including a £7 million five-bedroom house in upscale Kensington, London, and a flat in Santa Monica, California.

Akshata is also the director of venture capital company Catamaran Ventures that she founded with Sunak in 2013.

She confirmed this week that she "is treated as non-domiciled for UK tax purposes", meaning returns from her Infosys stake are only liable for taxation outside Britain.

Sunak told the Sun newspaper for Friday's edition that "to smear my wife to get at me is awful".

He said "it would not be reasonable or fair to ask her to sever ties with her country because she happens to be married to me".

Akshata created her own fashion label, Akshata Designs, in 2010.

According to a 2011 Vogue profile, she works with artists in remote villages to create Indian-meets-Western fusion clothes that are "vehicles to discovering Indian culture".

"I believe we live in a materialistic society," she told the magazine. "People are becoming more conscious about the world they live in. Doing good is fashionable."

More For You

China clears path for Indian pilgrims

Kailash and Lake Manasarovar are revered sites in Tibetan Buddhism, Hinduism and other faiths.

China clears path for Indian pilgrims

CHINA’S foreign ministry announced on Monday (28) that Indian pilgrims would be able to travel to holy sites in Tibet for the first time in five years this summer, in the latest sign of warming relations between the two countries.

Mount Kailash and Lake Manasarovar in China’s Tibet region are important in many religions, including Tibetan Buddhism and Hinduism, but Indian pilgrims had been unable to cross the border since 2020 owing to the pandemic and geopolitical tensions.

Keep ReadingShow less
Dr M N Nandakumara

The award marks a significant milestone in Dr Nandakumara’s lifelong service

Bharatiya Vidya Bhavan

Dr Nandakumara MBE honoured for bridging Indian culture and UK arts

Dr M N Nandakumara MBE, the long-serving Executive Director of The Bhavan in London, was conferred with the honorary degree of Doctor of Literature (honoris causa) by the University of London Worldwide on 29 April 2025. The award was presented by Vice-Chancellor Professor Wendy Thomson CBE during the graduation ceremony held at the Barbican Centre.

Each year, the University of London Worldwide recognises individuals of outstanding achievement and distinction. This year’s honorary doctorate celebrates Dr Nandakumara’s decades-long contribution to the promotion of Indian arts, literature, and culture in the United Kingdom.

Keep ReadingShow less
MARKS & SPENCER-Getty

The disruption has led to some stores facing limited stock availability and has affected M&S’s market value. (Photo: Getty Images)

Getty Images

Met Police probes M&S cyber attack linked to Scattered Spider

MARKS & SPENCER has asked the Metropolitan Police’s cyber crime unit to investigate a ransomware attack that has disrupted its services for nearly two weeks.

The retailer has been unable to accept online orders for six days, and click-and-collect services continue to face delays.

Keep ReadingShow less
UK and US call for calm as India-Pakistan tensions rise

FILE PHOTO: UK Foreign Office minister Hamish Falconer visits Gaza’s wounded at Al-Arish General Hospital on October 16, 2024 in Arish, Egypt. (Photo by Ali Moustafa/Getty Images)

UK and US call for calm as India-Pakistan tensions rise


THE UK and the US governments have urged India and Pakistan to avoid escalating tensions following a deadly terrorist attack in Pahalgam, Kashmir, which killed 26 tourists last Tuesday (22).

In London, Foreign Office minister Hamish Falconer responded to an urgent question in Parliament tabled by British Sikh Labour MP Gurinder Singh Josan about the UK's role in supporting India.

Keep ReadingShow less
tony-blair-getty

Blair did not urge Labour to stop its decarbonisation efforts but said governments need to rethink their approach as current efforts are not working. (Photo: Getty Images)

Net zero policies not working, says Tony Blair in new report

FORMER UK prime minister Tony Blair has said current net zero policies are "doomed to fail" and called for a reset in the global approach to climate change, according to a report by the Tony Blair Institute, The Climate Paradox: Why We Need to Reset Action on Climate Change.

In the report’s foreword, Blair wrote that people "feel they're being asked to make financial sacrifices and changes in lifestyle when they know the impact on global emissions is minimal". He said strategies based on quickly phasing out fossil fuels or limiting energy consumption would not succeed.

Keep ReadingShow less