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{{Short description|Indian businesswoman (born 1980)}} | {{Short description|Indian businesswoman (born 1980)}} | ||
{{good article}} | {{good article}} {{Use Indian English|date=January 2023}} {{Use dmy dates|date=January 2023}} | ||
{{Use Indian English|date=January 2023}} | |||
{{Use dmy dates|date=January 2023}} | |||
{{Infobox person | {{Infobox person | ||
| image | | name = Akshata Murty | ||
| caption | | image = Akshata Murty at 10 Downing Street on 14 July 2023 (cropped).jpg | ||
| birth_name | | caption = Murty in 2023 | ||
| birth_date | | birth_name = Akshata Narayan Murty | ||
| birth_place | | birth_date = {{birth date and age|df=yes|1980|04|25}} | ||
| nationality | | birth_place = [[Hubli]], Karnataka, India | ||
| alma_mater | | nationality = <!-- use only when necessary per [[WP:INFONAT]] --> | ||
| education | | alma_mater = {{ubl|[[Claremont McKenna College]] ([[Bachelor of Arts|BA]])|[[Fashion Institute of Design & Merchandising]]|[[Stanford University]] ([[MBA]])}} | ||
| occupation | | education = | ||
| known_for | | occupation = Businesswoman | ||
| spouse | | known_for = [[Spouse of the prime minister of the United Kingdom|Spouse of the Prime Minister of the United Kingdom]] (2022–present) | ||
| children | | spouse = {{marriage|[[Rishi Sunak]]|August 2009}} | ||
| father | | children = 2 | ||
| mother | | father = [[N. R. Narayana Murthy]] | ||
| relatives | | mother = [[Sudha Murty]] | ||
{{Labeldata|Residences| {{ | | relatives = [[Rohan Murty]] (brother) | ||
{{Labeldata|Residences|{{tmpv|Rishi Sunak|Infobox officeholder||residence}}}} | |||
}} | }} | ||
'''Akshata Narayan Murty<!--avoid "Akshatā Nārāyan Mūrty" as per [[WP:COMMONNAME]]; diacritics are not used in English sources-->''' ({{IPAc-en|ˈ| | [[File:20230520partners01 04.jpg|thumb|49th G7 summit]] | ||
'''Akshata Narayan Murty<!--avoid "Akshatā Nārāyan Mūrty" as per [[WP:COMMONNAME]]; diacritics are not used in English sources-->''' ({{IPAc-en|ˈ|ʌ|k|ʃ|ʌ|t|ɑː|_|n|ɑː|ˈ|r|ɑː|j|ʌ|n|_|ˈ|m|uː|r|t|i}}; born 25 April 1980) is an Indian heiress, businesswoman, fashion designer, and venture capitalist. She is married to [[Rishi Sunak]], the [[Prime Minister of the United Kingdom]] and [[Leader of the Conservative Party (UK)|leader of the Conservative Party]]. According to the ''[[Sunday Times Rich List]]'', Murty and Sunak are the 222nd richest people in Britain {{As of|2022|lc=y}}, with a combined wealth of £730 million (US$830 million).<ref name="Sunday Times Rich List 2022">{{cite news |title=The Sunday Times Rich List 2022 |url=https://www.thetimes.co.uk/sunday-times-rich-list |access-date=24 October 2022 |newspaper=[[The Times]] |language=en |archive-date=9 November 2020 |archive-url=https://web.archive.org/web/20201109134424/https://www.thetimes.co.uk/sunday-times-rich-list |url-status=live }}</ref><ref name="CNN 2022-10-25">{{cite news |title=Akshata Murty: Rishi Sunak's wife is a software heiress who's richer than royalty |first1=Tara |last1=John |publisher=[[CNN]] |date=25 October 2022 |accessdate=4 December 2022 |url=https://www.cnn.com/2022/10/25/business/akshata-murty-rishi-sunak-wife-profile-intl/index.html |archive-date=4 December 2022 |archive-url=https://web.archive.org/web/20221204155844/https://www.cnn.com/2022/10/25/business/akshata-murty-rishi-sunak-wife-profile-intl/index.html |url-status=live }}</ref> | |||
She is the daughter of [[N. R. Narayana Murthy]], a founder of the Indian multinational IT company [[Infosys]], and [[Sudha Murty]]. She holds a 0.93-per-cent stake in Infosys, along with shares in several other British businesses.<ref name="Guardian richer" /><ref name="Scottish National">{{cite news |title=Rishi Sunak told to explain wife's alleged business links to Russia |url=https://www.thenational.scot/news/20109637.rishi-sunak-told-shed-light-akshata-murtys-business-dealings/ |access-date=24 October 2022 |newspaper=[[The National (Scotland)|The National]] |first1=Angus |last1=Cochrane|language=en}}</ref><ref name="CityAM">{{cite news |title=Rishi Sunak's father-in-law's company Infosys is still active in Russia|url=https://www.cityam.com/infosys-it-giant-which-rishi-sunaks-wife-akshata-murty-has-400m-stake-in-is-still-operating-in-russia/ |access-date=24 October 2022 |first1=Jack |last1=Mendel|newspaper=[[City A.M.]] |date=5 May 2022}}</ref> | In 2022, her personal wealth became the topic of British media discussion in the context of her claim of [[non-domiciled status]], an arrangement seen as benefiting the "[[Ultra high-net-worth individual|super rich]]". Murty later voluntarily renounced the fiscal benefits from her non-domiciled status.<ref name="CNN 2022-10-25" /><ref name="BBC non-dom" /> | ||
She is the daughter of [[N. R. Narayana Murthy]], a founder of the Indian multinational IT company [[Infosys]], and [[Sudha Murty]]. She holds a 0.93-per-cent stake in Infosys, along with shares in several other British businesses.<ref name="Guardian richer" /><ref name="Scottish National">{{cite news |title=Rishi Sunak told to explain wife's alleged business links to Russia |url=https://www.thenational.scot/news/20109637.rishi-sunak-told-shed-light-akshata-murtys-business-dealings/ |access-date=24 October 2022 |newspaper=[[The National (Scotland)|The National]] |first1=Angus |last1=Cochrane |language=en |archive-date=24 October 2022 |archive-url=https://web.archive.org/web/20221024161002/https://www.thenational.scot/news/20109637.rishi-sunak-told-shed-light-akshata-murtys-business-dealings/ |url-status=live }}</ref><ref name="CityAM">{{cite news |title=Rishi Sunak's father-in-law's company Infosys is still active in Russia |url=https://www.cityam.com/infosys-it-giant-which-rishi-sunaks-wife-akshata-murty-has-400m-stake-in-is-still-operating-in-russia/ |access-date=24 October 2022 |first1=Jack |last1=Mendel |newspaper=[[City A.M.]] |date=5 May 2022 |archive-date=25 October 2022 |archive-url=https://web.archive.org/web/20221025095124/https://www.cityam.com/infosys-it-giant-which-rishi-sunaks-wife-akshata-murty-has-400m-stake-in-is-still-operating-in-russia/ |url-status=live }}</ref> | |||
== Early life and education == | == Early life and education == | ||
Akshata Murty was born in April 1980 in [[Hubli]], India,<ref name="Guardian richer"/><ref name="Telegraph Bedi"/> and was raised by her maternal grandparents while her father [[N. R. Narayana Murthy]] and her mother [[Sudha Murty]] worked to launch their technology company, [[Infosys]].<ref name="BBC non-dom questions">{{Cite news |date=7 April 2022 |title=Rishi Sunak faces questions over wife Akshata Murty's non-dom tax status |language=en-GB |publisher=[[BBC News]] |url=https://www.bbc.com/news/uk-politics-61017993 |access-date=7 April 2022}}</ref><ref name="Telegraph Bedi">{{Cite news |last1=Bedi |first1=Rahul |last2=Bird |first2=Steve |date=15 February 2020 |title=Why Rishi Sunak's wife may hold the clue to his budget |language=en-GB |newspaper=[[The Daily Telegraph|The Telegraph]] |url=https://www.telegraph.co.uk/news/2020/02/15/rishi-sunaks-wife-may-hold-clue-budget/ |access-date=7 April 2022 |issn=0307-1235}}</ref> Her mother was the first female engineer to work for the [[TATA Engineering and Locomotive Company]], then India's largest car maker, and later became a philanthropist.<ref>{{Cite web |last1=Blackall |first1=Molly |date=7 April 2022 |title=The super-rich businesswoman and wife of Rishi Sunak under fire for using non-domicile status |url=https://inews.co.uk/news/akshata-murty-rishi-sunak-wife-net-worth-businesswoman-uk-non-dom-status-1562016 |access-date=12 August 2022 |work=[[i (newspaper)|iNews]] | Akshata Murty was born in April 1980 in [[Hubli]], India,<ref name="Guardian richer"/><ref name="Telegraph Bedi"/> and was raised by her maternal grandparents while her father [[N. R. Narayana Murthy]] and her mother [[Sudha Murty]] worked to launch their technology company, [[Infosys]].<ref name="BBC non-dom questions">{{Cite news |date=7 April 2022 |title=Rishi Sunak faces questions over wife Akshata Murty's non-dom tax status |language=en-GB |publisher=[[BBC News]] |url=https://www.bbc.com/news/uk-politics-61017993 |access-date=7 April 2022 |archive-date=17 December 2022 |archive-url=https://web.archive.org/web/20221217151942/https://www.bbc.com/news/uk-politics-61017993 |url-status=live }}</ref><ref name="Telegraph Bedi">{{Cite news |last1=Bedi |first1=Rahul |last2=Bird |first2=Steve |date=15 February 2020 |title=Why Rishi Sunak's wife may hold the clue to his budget |language=en-GB |newspaper=[[The Daily Telegraph|The Telegraph]] |url=https://www.telegraph.co.uk/news/2020/02/15/rishi-sunaks-wife-may-hold-clue-budget/ |access-date=7 April 2022 |issn=0307-1235 |archive-date=6 March 2020 |archive-url=https://web.archive.org/web/20200306182635/https://www.telegraph.co.uk/news/2020/02/15/rishi-sunaks-wife-may-hold-clue-budget/ |url-status=live }}</ref> Her mother was the first female engineer to work for the [[TATA Engineering and Locomotive Company]], then India's largest car maker, and later became a philanthropist.<ref>{{Cite web |last1=Blackall |first1=Molly |date=7 April 2022 |title=The super-rich businesswoman and wife of Rishi Sunak under fire for using non-domicile status |url=https://inews.co.uk/news/akshata-murty-rishi-sunak-wife-net-worth-businesswoman-uk-non-dom-status-1562016 |access-date=12 August 2022 |work=[[i (newspaper)|iNews]] |language=en |archive-date=24 October 2022 |archive-url=https://web.archive.org/web/20221024141004/https://inews.co.uk/news/akshata-murty-rishi-sunak-wife-net-worth-businesswoman-uk-non-dom-status-1562016 |url-status=live }}</ref> Murty has one brother, [[Rohan Murty]],<ref name="Economic Times">{{Cite web |date=4 December 2019 |title=The "IT" Crowd At Rohan Murty's Wedding; Infy Squad Turns Up In Suits, Kurtas – A Lot Like Love |url=https://economictimes.indiatimes.com/magazines/panache/power-guests-at-rohan-aparna-wedding-nrn-sudha-murty-keep-it-simple-infy-squad-turns-up-in-suits-kurtas/the-sister-act/slideshow/72362114.cms |access-date=7 April 2022 |work=[[The Economic Times]] |archive-date=29 October 2022 |archive-url=https://web.archive.org/web/20221029113733/https://economictimes.indiatimes.com/magazines/panache/power-guests-at-rohan-aparna-wedding-nrn-sudha-murty-keep-it-simple-infy-squad-turns-up-in-suits-kurtas/the-sister-act/slideshow/72362114.cms |url-status=live }}</ref> and they were brought up in [[Jayanagar, Bangalore|Jayanagar]], a suburb of [[Bangalore]].<ref>{{Cite news |last=Murthy |first=N. R. Narayana |date=21 June 2020 |title=Hope for a growing, liveable Bengaluru |language=en-IN |newspaper=[[The Hindu]] |url=https://www.thehindu.com/news/cities/bangalore/hope-for-a-growing-liveable-city/article31881157.ece |access-date=7 December 2022 |issn=0971-751X |archive-date=7 December 2022 |archive-url=https://web.archive.org/web/20221207142444/https://www.thehindu.com/news/cities/bangalore/hope-for-a-growing-liveable-city/article31881157.ece |url-status=live }}</ref> Her maternal grandparents were R. H. Kulkarni, a surgeon, and his wife Vimala Kulkarni, a school teacher.<ref>[[Sudha Murthy]], ''[[Wise & Otherwise]]'', East West Books Pvt. Ltd (Madras) 2002.</ref> | ||
In the 1990s,<ref>{{Cite web |date=12 April 2022 |title=Akshata Murty's UK tax scandal divides Indians; peers remember her as "humble and simple" |url=https://www.scmp.com/week-asia/lifestyle-culture/article/3174017/akshata-murtys-uk-tax-controversy-divides-indians-boris |access-date=7 December 2022 |first1=Nita |last1=Lal |newspaper=[[South China Morning Post]]|language=en}}</ref> Murty attended [[Baldwin Girls' High School]], Bangalore, and in 1998 studied economics and French at [[Claremont McKenna College]] in California.<ref>{{Cite web |last=Blackall |first=Molly |date=7 April 2022 |title=The super-rich businesswoman and wife of Rishi Sunak under fire for using non-domicile status |url=https://inews.co.uk/news/akshata-murty-rishi-sunak-wife-net-worth-businesswoman-uk-non-dom-status-1562016 |access-date=7 December 2022 |work=[[i (newspaper)|iNews]] |language=en}}</ref> She has a diploma in clothes manufacturing from the [[Fashion Institute of Design & Merchandising]],<ref name="Telegraph Bedi" /> and a [[Master of Business Administration]] from [[Stanford University]].<ref name="Telegraph Bedi" /> | In the 1990s,<ref>{{Cite web |date=12 April 2022 |title=Akshata Murty's UK tax scandal divides Indians; peers remember her as "humble and simple" |url=https://www.scmp.com/week-asia/lifestyle-culture/article/3174017/akshata-murtys-uk-tax-controversy-divides-indians-boris |access-date=7 December 2022 |first1=Nita |last1=Lal |newspaper=[[South China Morning Post]] |language=en |archive-date=7 December 2022 |archive-url=https://web.archive.org/web/20221207141115/https://www.scmp.com/week-asia/lifestyle-culture/article/3174017/akshata-murtys-uk-tax-controversy-divides-indians-boris |url-status=live }}</ref> Murty attended [[Baldwin Girls' High School]], [[Bangalore]], and in 1998 studied economics and French at [[Claremont McKenna College]] in California.<ref>{{Cite web |last=Blackall |first=Molly |date=7 April 2022 |title=The super-rich businesswoman and wife of Rishi Sunak under fire for using non-domicile status |url=https://inews.co.uk/news/akshata-murty-rishi-sunak-wife-net-worth-businesswoman-uk-non-dom-status-1562016 |access-date=7 December 2022 |work=[[i (newspaper)|iNews]] |language=en |archive-date=24 October 2022 |archive-url=https://web.archive.org/web/20221024141004/https://inews.co.uk/news/akshata-murty-rishi-sunak-wife-net-worth-businesswoman-uk-non-dom-status-1562016 |url-status=live }}</ref> She has a diploma in clothes manufacturing from the [[Fashion Institute of Design & Merchandising]],<ref name="Telegraph Bedi" /> and a [[Master of Business Administration]] from [[Stanford University]].<ref name="Telegraph Bedi" /> | ||
== Career and investments == | == Career and investments == | ||
In 2007, Murty joined the Dutch [[cleantech]] firm Tendris as its marketing director, where she worked for two years, before leaving to start her own fashion firm.<ref name="Telegraph Bedi" /><ref>{{cite journal |url=https://www.vogue.in/content/meet-designer-akshata-murty |journal=[[Vogue India]] |title=Meet the designer: Akshata Murty |quote=Local craftsmanship meets contemporary Western silhouettes in this ethical designer's label |first1=Rishna |last1=Shah |date=8 September 2011 |accessdate=5 December 2022}}</ref> | In 2007, Murty joined the Dutch [[cleantech]] firm Tendris as its marketing director, where she worked for two years, before leaving to start her own fashion firm.<ref name="Telegraph Bedi" /><ref>{{cite journal |url=https://www.vogue.in/content/meet-designer-akshata-murty |journal=[[Vogue India]] |title=Meet the designer: Akshata Murty |quote=Local craftsmanship meets contemporary Western silhouettes in this ethical designer's label |first1=Rishna |last1=Shah |date=8 September 2011 |accessdate=5 December 2022 |archive-date=6 December 2022 |archive-url=https://web.archive.org/web/20221206011626/https://www.vogue.in/content/meet-designer-akshata-murty |url-status=live }}</ref> | ||
Her fashion label closed in 2012.<ref name="Guardian richer">{{cite news|url=https://www.theguardian.com/politics/2022/apr/07/akshata-murty-who-is-rishi-sunak-wife|newspaper=[[The Guardian]]|title=Akshata Murty: Rishi Sunak's wife and richer than the Queen|date=7 April 2022|access-date=12 July 2022|last=Neate|first=Rupert |archive-date=7 April 2022 |archive-url=https://web.archive.org/web/20220407113714/https://www.theguardian.com/politics/2022/apr/07/akshata-murty-who-is-rishi-sunak-wife |url-status=live }}</ref> In 2013, she became the director of [[venture capital]] fund Catamaran Ventures.<ref name="Telegraph Bedi" /> She co-founded, with her husband [[Rishi Sunak]], the London branch of the Indian firm owned by her father, N. R. Narayana Murthy.<ref>{{Cite news |last=Hurley |first=James |title=Rishi Sunak's wife Akshata Murty lends £4.3m to start-up Catamaran Ventures |url=https://www.thetimes.co.uk/article/rishi-sunaks-wife-akshata-murty-lends-4-3m-to-start-up-catamaran-ventures-7pfj39wxp |newspaper=[[The Times]] |date=2 October 2021 |access-date=7 April 2022 |issn=0140-0460}}</ref> Sunak transferred his shares to her shortly before being elected as the [[Conservative Party (UK)|Conservative]] MP for [[Richmond (Yorks) (UK Parliament constituency)|Richmond]] in 2015.<ref name="Sky News 2022-08-12">{{Cite web |title=Who is Rishi Sunak's wife Akshata Murty – and why are her family so wealthy? |url=https://news.sky.com/story/who-is-rishi-sunaks-wife-akshata-murty-and-why-are-her-family-so-wealthy-12585015 |access-date=12 August 2022 |work=[[Sky News]] |language=en}}</ref> Since 2015, she has owned a 0.91%<ref name="Guardian richer"/> or 0.93% share of her father's technology firm [[Infosys]], valued at around £700 million in April 2022,<ref name="BBC non-dom" /> and shares in two of [[Jamie Oliver]]'s restaurant businesses, [[Wendy's]] in India, and Koro Kids.<ref name="Guardian wealth" /> This made her richer than Queen [[Elizabeth II]] {{As of|2022|4|lc=y}},<ref name="Guardian richer" /> and richer than King [[Charles III]] as of October 2022.<ref>{{Cite web |last=Sharma |first=Niharika |date=25 October 2022 |title=Rishi Sunak and his wife are richer than King Charles |url=https://qz.com/rishi-sunak-and-his-wife-are-richer-than-king-charles-1849697874 |access-date=30 December 2022 |website=Quartz}}</ref> {{As of|2022}}, Murthy was a director at Digme Fitness, and also | Her fashion label closed in 2012.<ref name="Guardian richer">{{cite news|url=https://www.theguardian.com/politics/2022/apr/07/akshata-murty-who-is-rishi-sunak-wife|newspaper=[[The Guardian]]|title=Akshata Murty: Rishi Sunak's wife and richer than the Queen|date=7 April 2022|access-date=12 July 2022|last=Neate|first=Rupert |archive-date=7 April 2022 |archive-url=https://web.archive.org/web/20220407113714/https://www.theguardian.com/politics/2022/apr/07/akshata-murty-who-is-rishi-sunak-wife |url-status=live }}</ref> In 2013, she became the director of [[venture capital]] fund Catamaran Ventures.<ref name="Telegraph Bedi" /> She co-founded, with her husband [[Rishi Sunak]], the London branch of the Indian firm owned by her father, N. R. Narayana Murthy.<ref>{{Cite news |last=Hurley |first=James |title=Rishi Sunak's wife Akshata Murty lends £4.3m to start-up Catamaran Ventures |url=https://www.thetimes.co.uk/article/rishi-sunaks-wife-akshata-murty-lends-4-3m-to-start-up-catamaran-ventures-7pfj39wxp |newspaper=[[The Times]] |date=2 October 2021 |access-date=7 April 2022 |issn=0140-0460 |archive-date=11 November 2022 |archive-url=https://web.archive.org/web/20221111031133/https://www.thetimes.co.uk/article/rishi-sunaks-wife-akshata-murty-lends-4-3m-to-start-up-catamaran-ventures-7pfj39wxp |url-status=live }}</ref> Sunak transferred his shares to her shortly before being elected as the [[Conservative Party (UK)|Conservative]] MP for [[Richmond (Yorks) (UK Parliament constituency)|Richmond]] in 2015.<ref name="Sky News 2022-08-12">{{Cite web |title=Who is Rishi Sunak's wife Akshata Murty – and why are her family so wealthy? |url=https://news.sky.com/story/who-is-rishi-sunaks-wife-akshata-murty-and-why-are-her-family-so-wealthy-12585015 |access-date=12 August 2022 |work=[[Sky News]] |language=en |archive-date=7 November 2022 |archive-url=https://web.archive.org/web/20221107002834/https://news.sky.com/story/who-is-rishi-sunaks-wife-akshata-murty-and-why-are-her-family-so-wealthy-12585015 |url-status=live }}</ref> Since 2015, she has owned a 0.91%<ref name="Guardian richer"/> or 0.93% share of her father's technology firm [[Infosys]], valued at around £700 million in April 2022,<ref name="BBC non-dom" /> and shares in two of [[Jamie Oliver]]'s restaurant businesses, [[Wendy's]] in India, and Koro Kids.<ref name="Guardian wealth" /> This made her richer than Queen [[Elizabeth II]] {{As of|2022|4|lc=y}},<ref name="Guardian richer" /> and richer than King [[Charles III]] as of October 2022.<ref>{{Cite web |last=Sharma |first=Niharika |date=25 October 2022 |title=Rishi Sunak and his wife are richer than King Charles |url=https://qz.com/rishi-sunak-and-his-wife-are-richer-than-king-charles-1849697874 |access-date=30 December 2022 |website=Quartz |archive-date=30 December 2022 |archive-url=https://web.archive.org/web/20221230094343/https://qz.com/rishi-sunak-and-his-wife-are-richer-than-king-charles-1849697874 |url-status=live }}</ref> {{As of|2022}}, Murthy was a director at Digme Fitness, and also Soroco, the [[digital transformation]] company that her brother Rohan Murty co-founded.<ref name="Guardian wealth">{{Cite news |date=7 April 2022 |title=The wealth of Akshata Murty, Indian heiress and wife of Rishi Sunak |url=https://www.theguardian.com/politics/2022/apr/07/the-wealth-of-akshata-murty-indian-heiress-and-wife-of-rishi-sunak |access-date=8 April 2022 |newspaper=The Guardian |last=Neate |first=Rupert |language=en |archive-date=27 May 2022 |archive-url=https://web.archive.org/web/20220527155442/https://www.theguardian.com/politics/2022/apr/07/the-wealth-of-akshata-murty-indian-heiress-and-wife-of-rishi-sunak |url-status=live }}</ref> | ||
== Personal life == | == Personal life == | ||
[[File:Kirby Sigston Manor and Lake (geograph 2028063).jpg|thumb|[[Kirby Sigston Manor]], North Yorkshire|right]] | [[File:Kirby Sigston Manor and Lake (geograph 2028063).jpg|thumb|[[Kirby Sigston Manor]], North Yorkshire|right]] | ||
Murty is a citizen of | Murty is a [[citizen of India]]. In August 2009, Murty married Rishi Sunak, whom she met at [[Stanford University]].<ref name="Telegraph Bedi" /><ref>{{Cite web |date=3 April 2022 |title=Sunaks' £5m Santa Monica flat offers sun, sea ... and a pet spa |url=https://www.theguardian.com/politics/2022/apr/03/sunaks-5m-santa-monica-flat-offers-sun-sea-and-a-pet-spa |access-date=7 April 2022 |newspaper=[[The Observer]] |last=Neate |first=Rupert |archive-date=3 April 2022 |archive-url=https://web.archive.org/web/20220403101913/https://www.theguardian.com/politics/2022/apr/03/sunaks-5m-santa-monica-flat-offers-sun-sea-and-a-pet-spa |url-status=live }}</ref> They have two daughters – Anoushka and Krishna.<ref name="BBC non-dom" /><ref name="Economic Times" /> They own [[Kirby Sigston Manor]] in the village of [[Kirby Sigston]], North Yorkshire, as well as a [[mews]] house in [[Earl's Court]] in central London, a flat on the [[Old Brompton Road]], [[South Kensington]], and a penthouse apartment on [[Ocean Avenue (Santa Monica)|Ocean Avenue]] in [[Santa Monica, California]].<ref>{{cite web |title=Inside The Fortune Of Britain's New Prime Minister Rishi Sunak And His Wife, Akshata Murthy |url=https://www.forbes.com/sites/giacomotognini/2022/10/25/inside-the-fortune-of-britains-new-prime-minister-rishi-sunak-and-his-wife-akshata-murthy/?sh=2629a6f7ad1b |work=[[Forbes]] |first1=Giacomo |last1=Tognini |access-date=25 October 2022 |archive-date=25 October 2022 |archive-url=https://web.archive.org/web/20221025072832/https://www.forbes.com/sites/giacomotognini/2022/10/25/inside-the-fortune-of-britains-new-prime-minister-rishi-sunak-and-his-wife-akshata-murthy/?sh=2629a6f7ad1b |url-status=live }}</ref><ref>{{cite news |title=Chancellor Rishi Sunak has new pool, gym and tennis court approved |url=https://www.bbc.co.uk/news/uk-england-york-north-yorkshire-58345526 |access-date=29 August 2021 |publisher=[[BBC News]] |date=26 August 2021 |archive-date=29 August 2021 |archive-url=https://web.archive.org/web/20210829085842/https://www.bbc.co.uk/news/uk-england-york-north-yorkshire-58345526 |url-status=live }}</ref><ref>{{cite news |title=New chancellor Rishi Sunak adds Downing Street address to his bulging property portfolio |url=https://www.thetimes.co.uk/article/new-chancellor-rishi-sunak-adds-downing-street-address-to-his-bulging-property-portfolio-vtpzmvzcf |newspaper=[[The Times]] |access-date=15 July 2022 |last1=Gadher |first1=Dipesh |archive-date=9 July 2022 |archive-url=https://web.archive.org/web/20220709105558/https://www.thetimes.co.uk/article/new-chancellor-rishi-sunak-adds-downing-street-address-to-his-bulging-property-portfolio-vtpzmvzcf |url-status=live }}</ref><ref name="Edwardes">{{cite news|last=Edwardes|first=Charlotte|date=1 August 2020|title=Meet the chancellor: the real Rishi Sunak, by the people who know him best|work=The Times|url=https://www.thetimes.co.uk/article/meet-the-chancellor-the-real-rishi-sunak-by-the-people-who-know-him-best-q5lk3qf8l|url-access=subscription|url-status=live|access-date=11 September 2020|archive-url=https://web.archive.org/web/20200911224110/https://www.thetimes.co.uk/article/meet-the-chancellor-the-real-rishi-sunak-by-the-people-who-know-him-best-q5lk3qf8l|archive-date=11 September 2020}}</ref><ref name=observer-20220403>{{cite news |url=https://www.theguardian.com/politics/2022/apr/03/sunaks-5m-santa-monica-flat-offers-sun-sea-and-a-pet-spa |title=Sunaks' £5m Santa Monica flat offers sun, sea ... and a pet spa |last=Neate |first=Rupert |newspaper=The Observer |date=3 April 2022 |access-date=3 April 2022 |archive-date=3 April 2022 |archive-url=https://web.archive.org/web/20220403101913/https://www.theguardian.com/politics/2022/apr/03/sunaks-5m-santa-monica-flat-offers-sun-sea-and-a-pet-spa |url-status=live }}</ref> In April 2022, it was reported that Sunak and Murty had moved out of [[11 Downing Street]] to a newly refurbished West London home.<ref>{{cite news|url=https://www.business-standard.com/article/international/rishi-sunak-moves-belongings-out-of-downing-street-says-report-122041000385_1.html|title=Rishi Sunak moves belongings out of Downing Street, says report|date=10 April 2022|work=[[Business Standard]]|access-date=20 April 2022|archive-date=18 April 2022|archive-url=https://web.archive.org/web/20220418134620/https://www.business-standard.com/article/international/rishi-sunak-moves-belongings-out-of-downing-street-says-report-122041000385_1.html/|url-status=live}}</ref><ref>{{cite web|url=https://www.itv.com/news/2022-04-09/chancellor-rishi-sunak-and-family-to-spend-less-time-at-downing-street|title=Chancellor Rishi Sunak and family 'to spend less time at Downing Street'|date=9 April 2022|work=[[ITV News]]|access-date=20 April 2022 |archive-date=21 April 2022|archive-url=https://web.archive.org/web/20220421062654/https://www.itv.com/news/2022-04-09/chancellor-rishi-sunak-and-family-to-spend-less-time-at-downing-street|url-status=live}}</ref> | ||
In April 2022, Murty's wealth became the focus of British media discussion<ref name="Sky News 2022-08-12" /><ref name="Guardian wealth" /> that noted her [[non-domiciled]] resident | In April 2022, Murty's wealth became the focus of British media discussion<ref name="Sky News 2022-08-12" /><ref name="Guardian wealth" /> that noted her [[non-domiciled]] resident status in the United Kingdom, which entitled her to pay no tax on her income outside Britain, subject to an annual payment of £30,000.<ref name="BBC non-dom">{{Cite news |date=8 April 2022 |title=Chancellor Rishi Sunak defends wife Akshata Murty in row over non-dom status |language=en-GB |publisher=[[BBC News]] |url=https://www.bbc.com/news/uk-politics-61034496 |access-date=8 April 2022 |archive-date=27 December 2022 |archive-url=https://web.archive.org/web/20221227043123/https://www.bbc.com/news/uk-politics-61034496 |url-status=live }}</ref><ref name="BBC non-dom questions" /><ref name="Guardian wealth" /> Later the same month, Murty announced that she would give up her non-domiciled status and pay [[Taxation in the United Kingdom|UK taxes]] on her worldwide income voluntarily.<ref name="CNN 2022-10-25" /><ref>{{cite web | url=https://inews.co.uk/news/politics/rishi-sunaks-wife-akshata-murty-gives-up-non-dom-tax-status-and-promises-to-pay-uk-tax-on-worldwide-income-1566258 | title=Rishi Sunak's wife Akshata Murty gives up non-dom status and vows to pay UK tax on all income | publisher=[[iNews]] | date=8 April 2022 | access-date=24 October 2022 | archive-date=11 November 2022 | archive-url=https://web.archive.org/web/20221111202651/https://inews.co.uk/news/politics/rishi-sunaks-wife-akshata-murty-gives-up-non-dom-tax-status-and-promises-to-pay-uk-tax-on-worldwide-income-1566258 | url-status=live }}</ref><ref name="FT tax">{{Cite news |date=8 April 2022 |title=Rishi Sunak's wife says she will pay UK tax on all her earnings |work=[[Financial Times]] |url=https://www.ft.com/content/ed018eb2-3955-4134-a2b0-8dcf727651bd |access-date=12 August 2022 |archive-date=30 October 2022 |archive-url=https://web.archive.org/web/20221030233649/https://www.ft.com/content/ed018eb2-3955-4134-a2b0-8dcf727651bd |url-status=live }}{{subscription}}</ref> If Murty pays UK taxes on her worldwide income, but retains her non-domiciliary status, she can benefit from a provision in a 1956 treaty that was designed to help avoid [[double taxation]] of Indian citizens in India as well as the UK.<ref name="Jack 2022">{{cite web | last=Jack | first=Simon | authorlink1=Simon Jack | title=Akshata Murty: Chancellor's wife could save £280m in UK tax | publisher=BBC News | date=8 April 2022 | url=https://www.bbc.com/news/business-61041926 | access-date=7 November 2022 | archive-date=7 November 2022 | archive-url=https://web.archive.org/web/20221107005530/https://www.bbc.com/news/business-61041926 | url-status=live }}</ref> | ||
== References == | == References == | ||
| Line 49: | Line 48: | ||
== External links == | == External links == | ||
*{{IMDb name|13641361}} | *{{IMDb name|13641361}} | ||
* Bhat, Chandrashekar. (14 April 2022) [https://www.easterneye.biz/rishi-sunaks-wife-set-to-receive-6m-from-infosys/ Rishi Sunak's wife set to receive £6m from Infosys] (EasternEye) | * Bhat, Chandrashekar. (14 April 2022) [https://www.easterneye.biz/rishi-sunaks-wife-set-to-receive-6m-from-infosys/ Rishi Sunak's wife set to receive £6m from Infosys] (EasternEye) | ||
Latest revision as of 01:06, 22 July 2023
Akshata Murty | |
|---|---|
| Error creating thumbnail: File missing Murty in 2023 | |
| Born | Akshata Narayan Murty 25 April 1980 Hubli, Karnataka, India |
| Alma mater | |
| Occupation | Businesswoman |
| Known for | Spouse of the Prime Minister of the United Kingdom (2022–present) |
| Spouse(s) | |
| Children | 2 |
| Parents |
|
| Relatives | Rohan Murty (brother) |
Residences | |
Akshata Narayan Murty (/ˈʌkʃʌtɑː nɑːˈrɑːjʌn ˈmuːrti/; born 25 April 1980) is an Indian heiress, businesswoman, fashion designer, and venture capitalist. She is married to Rishi Sunak, the Prime Minister of the United Kingdom and leader of the Conservative Party. According to the Sunday Times Rich List, Murty and Sunak are the 222nd richest people in Britain as of 2022[update], with a combined wealth of £730 million (US$830 million).[1][2]
In 2022, her personal wealth became the topic of British media discussion in the context of her claim of non-domiciled status, an arrangement seen as benefiting the "super rich". Murty later voluntarily renounced the fiscal benefits from her non-domiciled status.[2][3]
She is the daughter of N. R. Narayana Murthy, a founder of the Indian multinational IT company Infosys, and Sudha Murty. She holds a 0.93-per-cent stake in Infosys, along with shares in several other British businesses.[4][5][6]
Early life and education[edit | edit source]
Akshata Murty was born in April 1980 in Hubli, India,[4][7] and was raised by her maternal grandparents while her father N. R. Narayana Murthy and her mother Sudha Murty worked to launch their technology company, Infosys.[8][7] Her mother was the first female engineer to work for the TATA Engineering and Locomotive Company, then India's largest car maker, and later became a philanthropist.[9] Murty has one brother, Rohan Murty,[10] and they were brought up in Jayanagar, a suburb of Bangalore.[11] Her maternal grandparents were R. H. Kulkarni, a surgeon, and his wife Vimala Kulkarni, a school teacher.[12]
In the 1990s,[13] Murty attended Baldwin Girls' High School, Bangalore, and in 1998 studied economics and French at Claremont McKenna College in California.[14] She has a diploma in clothes manufacturing from the Fashion Institute of Design & Merchandising,[7] and a Master of Business Administration from Stanford University.[7]
Career and investments[edit | edit source]
In 2007, Murty joined the Dutch cleantech firm Tendris as its marketing director, where she worked for two years, before leaving to start her own fashion firm.[7][15]
Her fashion label closed in 2012.[4] In 2013, she became the director of venture capital fund Catamaran Ventures.[7] She co-founded, with her husband Rishi Sunak, the London branch of the Indian firm owned by her father, N. R. Narayana Murthy.[16] Sunak transferred his shares to her shortly before being elected as the Conservative MP for Richmond in 2015.[17] Since 2015, she has owned a 0.91%[4] or 0.93% share of her father's technology firm Infosys, valued at around £700 million in April 2022,[3] and shares in two of Jamie Oliver's restaurant businesses, Wendy's in India, and Koro Kids.[18] This made her richer than Queen Elizabeth II as of April 2022[update],[4] and richer than King Charles III as of October 2022.[19] As of 2022[update], Murthy was a director at Digme Fitness, and also Soroco, the digital transformation company that her brother Rohan Murty co-founded.[18]
Personal life[edit | edit source]
Murty is a citizen of India. In August 2009, Murty married Rishi Sunak, whom she met at Stanford University.[7][20] They have two daughters – Anoushka and Krishna.[3][10] They own Kirby Sigston Manor in the village of Kirby Sigston, North Yorkshire, as well as a mews house in Earl's Court in central London, a flat on the Old Brompton Road, South Kensington, and a penthouse apartment on Ocean Avenue in Santa Monica, California.[21][22][23][24][25] In April 2022, it was reported that Sunak and Murty had moved out of 11 Downing Street to a newly refurbished West London home.[26][27]
In April 2022, Murty's wealth became the focus of British media discussion[17][18] that noted her non-domiciled resident status in the United Kingdom, which entitled her to pay no tax on her income outside Britain, subject to an annual payment of £30,000.[3][8][18] Later the same month, Murty announced that she would give up her non-domiciled status and pay UK taxes on her worldwide income voluntarily.[2][28][29] If Murty pays UK taxes on her worldwide income, but retains her non-domiciliary status, she can benefit from a provision in a 1956 treaty that was designed to help avoid double taxation of Indian citizens in India as well as the UK.[30]
References[edit | edit source]
- ↑ "The Sunday Times Rich List 2022". The Times. Archived from the original on 9 November 2020. Retrieved 24 October 2022.
- ↑ 2.0 2.1 2.2 John, Tara (25 October 2022). "Akshata Murty: Rishi Sunak's wife is a software heiress who's richer than royalty". CNN. Archived from the original on 4 December 2022. Retrieved 4 December 2022.
- ↑ 3.0 3.1 3.2 3.3 "Chancellor Rishi Sunak defends wife Akshata Murty in row over non-dom status". BBC News. 8 April 2022. Archived from the original on 27 December 2022. Retrieved 8 April 2022.
- ↑ 4.0 4.1 4.2 4.3 4.4 Neate, Rupert (7 April 2022). "Akshata Murty: Rishi Sunak's wife and richer than the Queen". The Guardian. Archived from the original on 7 April 2022. Retrieved 12 July 2022.
- ↑ Cochrane, Angus. "Rishi Sunak told to explain wife's alleged business links to Russia". The National. Archived from the original on 24 October 2022. Retrieved 24 October 2022.
- ↑ Mendel, Jack (5 May 2022). "Rishi Sunak's father-in-law's company Infosys is still active in Russia". City A.M. Archived from the original on 25 October 2022. Retrieved 24 October 2022.
- ↑ 7.0 7.1 7.2 7.3 7.4 7.5 7.6 Bedi, Rahul; Bird, Steve (15 February 2020). "Why Rishi Sunak's wife may hold the clue to his budget". The Telegraph. ISSN 0307-1235. Archived from the original on 6 March 2020. Retrieved 7 April 2022.
- ↑ 8.0 8.1 "Rishi Sunak faces questions over wife Akshata Murty's non-dom tax status". BBC News. 7 April 2022. Archived from the original on 17 December 2022. Retrieved 7 April 2022.
- ↑ Blackall, Molly (7 April 2022). "The super-rich businesswoman and wife of Rishi Sunak under fire for using non-domicile status". iNews. Archived from the original on 24 October 2022. Retrieved 12 August 2022.
- ↑ 10.0 10.1 "The "IT" Crowd At Rohan Murty's Wedding; Infy Squad Turns Up In Suits, Kurtas – A Lot Like Love". The Economic Times. 4 December 2019. Archived from the original on 29 October 2022. Retrieved 7 April 2022.
- ↑ Murthy, N. R. Narayana (21 June 2020). "Hope for a growing, liveable Bengaluru". The Hindu. ISSN 0971-751X. Archived from the original on 7 December 2022. Retrieved 7 December 2022.
- ↑ Sudha Murthy, Wise & Otherwise, East West Books Pvt. Ltd (Madras) 2002.
- ↑ Lal, Nita (12 April 2022). "Akshata Murty's UK tax scandal divides Indians; peers remember her as "humble and simple"". South China Morning Post. Archived from the original on 7 December 2022. Retrieved 7 December 2022.
- ↑ Blackall, Molly (7 April 2022). "The super-rich businesswoman and wife of Rishi Sunak under fire for using non-domicile status". iNews. Archived from the original on 24 October 2022. Retrieved 7 December 2022.
- ↑ Shah, Rishna (8 September 2011). "Meet the designer: Akshata Murty". Vogue India. Archived from the original on 6 December 2022. Retrieved 5 December 2022.
Local craftsmanship meets contemporary Western silhouettes in this ethical designer's label
- ↑ Hurley, James (2 October 2021). "Rishi Sunak's wife Akshata Murty lends £4.3m to start-up Catamaran Ventures". The Times. ISSN 0140-0460. Archived from the original on 11 November 2022. Retrieved 7 April 2022.
- ↑ 17.0 17.1 "Who is Rishi Sunak's wife Akshata Murty – and why are her family so wealthy?". Sky News. Archived from the original on 7 November 2022. Retrieved 12 August 2022.
- ↑ 18.0 18.1 18.2 18.3 Neate, Rupert (7 April 2022). "The wealth of Akshata Murty, Indian heiress and wife of Rishi Sunak". The Guardian. Archived from the original on 27 May 2022. Retrieved 8 April 2022.
- ↑ Sharma, Niharika (25 October 2022). "Rishi Sunak and his wife are richer than King Charles". Quartz. Archived from the original on 30 December 2022. Retrieved 30 December 2022.
- ↑ Neate, Rupert (3 April 2022). "Sunaks' £5m Santa Monica flat offers sun, sea ... and a pet spa". The Observer. Archived from the original on 3 April 2022. Retrieved 7 April 2022.
- ↑ Tognini, Giacomo. "Inside The Fortune Of Britain's New Prime Minister Rishi Sunak And His Wife, Akshata Murthy". Forbes. Archived from the original on 25 October 2022. Retrieved 25 October 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.
- ↑ Edwardes, Charlotte (1 August 2020). "Meet the chancellor: the real Rishi Sunak, by the people who know him best". The Times. Archived from the original on 11 September 2020. Retrieved 11 September 2020.
- ↑ Neate, Rupert (3 April 2022). "Sunaks' £5m Santa Monica flat offers sun, sea ... and a pet spa". The Observer. Archived from the original on 3 April 2022. Retrieved 3 April 2022.
- ↑ "Rishi Sunak moves belongings out of Downing Street, says report". Business Standard. 10 April 2022. Archived from the original on 18 April 2022. Retrieved 20 April 2022.
- ↑ "Chancellor Rishi Sunak and family 'to spend less time at Downing Street'". ITV News. 9 April 2022. Archived from the original on 21 April 2022. Retrieved 20 April 2022.
- ↑ "Rishi Sunak's wife Akshata Murty gives up non-dom status and vows to pay UK tax on all income". iNews. 8 April 2022. Archived from the original on 11 November 2022. Retrieved 24 October 2022.
- ↑ "Rishi Sunak's wife says she will pay UK tax on all her earnings". Financial Times. 8 April 2022. Archived from the original on 30 October 2022. Retrieved 12 August 2022.(subscription required)
- ↑ Jack, Simon (8 April 2022). "Akshata Murty: Chancellor's wife could save £280m in UK tax". BBC News. Archived from the original on 7 November 2022. Retrieved 7 November 2022.
External links[edit | edit source]
- Akshata Murty on IMDb
- Bhat, Chandrashekar. (14 April 2022) Rishi Sunak's wife set to receive £6m from Infosys (EasternEye)
Template:Spouses of the Prime Minister of the United Kingdom Template:Rishi Sunak