Net worth of narayana murthy daughter

Indian businesswoman (born )

Akshata Narayana Murty^[a] (born 25 April ) is an Indian heiress, businesswoman, fashion designer, and venture capitalist.

She is the wife of former prime minister of the United KingdomRishi Sunak and the daughter of N. R. Narayana Murthy, a founder of the Indian multinational IT company Infosys, and Sudha Murty.

Akshata Murty, a British-based businesswoman, is well-known as the wife of the current prime minister of the United Kingdom, Rishi Sunak. She holds a 0. Akshata Murty is a British-based Indian heiress, businesswoman, fashion designer, and project capitalist. She is the daughter of N.

She holds a percent stake in Infosys, along with shares in several other British businesses.^[1][2][3]

Since , she has been married to Rishi Sunak, the former prime minister of the United Kingdom and chief of the Conservative Party from to He also served as Chancellor of the Exchequer from to in Prime Minister Boris Johnson's cabinet, as well as Leader of the Opposition from July to November According to the Sunday Times Rich List, Murty and Sunak hold the th rank for the richest people in Britain as of ^[update], with a combined wealth of £ million (US$ million).^[4][5] In , 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.^[5][6]

Early life and education

Akshata Naryana Murty was born in April in Hubli, India,^[2][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 s,^[13] Murty attended Baldwin Girls' Steep School, Bangalore, and in 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

In , Murty joined the Dutch cleantech firm Tendris as its marketing director, where she worked for two years, before vanishing to start her own fashion firm.^[7][15] Her fashion label closed in ^[2]

In , 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 ^[17] Since , she has owned a %^[2] or % share of her father's technology firm Infosys, treasured at around £ million in ,^[1] 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&#;^[update],^[2] and richer than King Charles III as of October ^[19] As of ^[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

Murty is an Indian citizen.

She speaks English, Hindi, Kannada and French.^[20] In August , Murty married Rishi Sunak, whom she met in at Stanford University.^[7][21] They have two daughters, Anoushka and Krishna.^[6][10] The couple own Kirby Sigston Manor in the village of Kirby Sigston, North Yorkshire, as well as a mews house in Earl's Court, Kensington and Chelsea; a flat on Old Brompton Highway, South Kensington; and a penthouse apartment on Ocean Avenue in Santa Monica, California.^{[22][23][24][25][26]} In April , it was reported that Sunak and Murty had moved out of 11 Downing Lane to a newly refurbished West London home.^[27][28]

In April , 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,^[6][8][18] Later the matching month, Murty announced that she would give up her non-domiciled status and pay UK taxes on her worldwide income voluntarily.^[5][29][30] If Murty pays UK taxes on her worldwide income, but retains her non-domiciliary status, she can benefit from a provision in a treaty that was designed to help avoid double taxation of Indian citizens in India as well as the UK.^[31]

See also

Notes

References

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