Rishi Sunak is a British politician who has been Leader of the Conservative Party since 24 October 2022. Sunak is one of the wealthiest politicians in UK and has a net worth of over 700 million pounds.
Here are 5 facts about Rishi Sunak:
- Rishi Sunak, 42, will be the youngest prime minister of Britain.
- The former finance minister is the first Indian-origin PM of the UK. He is also the first practising Hindu to hold the top job in the UK.
- Sunak came to national attention when, aged 39, he became finance minister under Boris Johnson just as the COVID-19 pandemic hit Britain, developing the successful furlough scheme.
- The multi-millionaire former hedge fund boss would be expected to launch deep spending cuts to try to rebuild Britain’s fiscal reputation, just as the country slides into a recession, dragged down by the surging cost of energy and food.
- He was Chancellor of the Exchequer from 2020 to 2022 and Chief Secretary to the Treasury from 2019 to 2020