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Rishi Sunak<\/strong> was able to attend Winchester College, an elite private institution that has produced six chancellors of the Exchequer, thanks to his parents’ savings and selfless efforts. Apart from his role as the “head boy” at Winchester, Sunak also edited the school newspaper. He worked as a table waiter at an Indian restaurant in Southampton during the summer. Sunak continued on to study economics, politics, and philosophy at Oxford’s Lincoln College\u2014a degree that many aspiring prime ministers would later earn. The Oxford Trading & Investment Society, which gave students the chance to study about financial markets and international trading, was presided over by him there. Sunak worked as an intern at the Conservative Party headquarters while he was an Oxford student.<\/p>Rishi Sunak joined Goldman Sachs as an analyst in 2001<\/strong>, following his graduation from Oxford, and remained employed by the investment banking firm until 2004. He then studied an MBA at Stanford University as a Fulbright scholar, where he met Akshata Murthy, the future wife of Indian billionaire Narayana Murthy, who is also a cofounder of Infosys, a leading technology company. After moving back to the UK in 2006, Sunak got a job with Sir Chris Hohn’s hedge fund, The Children’s Investment Fund Management (TCI), where he was promoted to partner status about two years later. Sunak joined Theleme Partners, another hedge fund, after leaving TCI in 2009. He wed Murthy that year, and the two of them would have two children. Due to Sunak’s commercial success and his wife’s 0.91 percent ownership in With Infosys, the pair started to accumulate a sizeable wealth, which The Sunday Times valued at approximately \u00a3730 million ($877 million) in 2022. (According to some sources, Akshata Murthy’s net worth might reach \u00a31 billion, or $1.2 billion.)<\/p><\/p>
Rishi Sunak Political career<\/strong><\/h2>Rishi Sunak <\/strong>started working for the Conservative Party in 2010. He also started working with Policy Exchange, a well-known conservative think tank, during this time. In 2014, he was appointed head of the BME Research Unit. In that same year, Sunak and Saratha Rajeswaran, the deputy head of the BME section, created the pamphlet A Portrait of Modern Britain, which was published by Policy Exchange. Sunak was selected in 2014 as the Conservative Party’s nominee to represent Richmond, North Yorkshire, in the House of Commons. Richmond is a safe Conservative constituency in the northern area of England that has been held by William Hague, the party’s leader from 1997 to 2001. A resounding majority chose Sunak in May 2015. He was a staunch supporter of “leave” before he took government and was skeptical about the Brexit issue, arguing that it will make the UK “freer, fairer, and more prosperous.” In 2017 and 2019, he was re-elected to the legislature and cast three votes in support of Prime Minister Theresa May’s Brexit proposals.<\/p>He worked as parliamentary private secretary at the Department for Business, Energy, and Industrial Strategy from 2015 to 2017 in addition to serving as a member of the Environment, Food, and Rural Affairs Select Committee. He was appointed to the position of undersecretary of state in the Ministry of Housing, Communities, and Local Government in January 2018, marking his first ministerial appointment. Sunak became an outspoken advocate for Boris Johnson’s bid to lead the party. When Johnson emerged as the winner and prime minister, he gave Sunak a promotion, making him chief secretary to the Treasury in July 2019.<\/p>
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Tensions between Johnson and his boss, Chancellor of the Exchequer Sajid Javid, were growing throughout Sunak’s time serving as second-in-command at the Treasury ministry. Following Javid’s resignation in February 2020, Johnson appointed Sunak, who at 39 years old, became the fourth youngest person to occupy that role in history. Sunak was quickly confronted with the numerous difficulties resulting from the COVID-19 worldwide pandemic’s arrival in Britain. Using his office’s authority, Sunak attempted to counterbalance the economic and human damage caused by the government-imposed shutdowns meant to stop the spread of the coronavirus SARS-CoV-2, which is the source of COVID-19. He launched a massive economic assistance package, allocating about \u00a3330 billion ($400 million).<\/p>
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