The annual wealth list published by the Sunday Times made history in 2022 when Chancellor Rishi Sunak became the first front-line politician to be featured on it. With an estimated family wealth of £730 million, Sunak’s presence on the list raised eyebrows and sparked conversations about his financial background.
Before entering politics, Sunak worked as a hedge fund manager, amassing personal wealth amounting to £2.2 million in income, earnings, and capital gains last year. However, the bulk of his family’s wealth comes from his wife’s Infosys shareholding, valued at a staggering £590 million in the previous year.
When questioned about his appearance on the rich list, Downing Street chose to remain tight-lipped, labeling the matter as a “private family matter.” However, the Prime Minister’s official spokesman highlighted Sunak’s focus on supporting livelihoods during the pandemic, citing his efforts in implementing the furlough scheme as an example of his commitment to public service.
As scrutiny continues to surround Sunak’s financial standing, it is evident that his actions as Chancellor will ultimately determine his legacy. Regardless of his personal wealth, Sunak’s dedication to serving the public and supporting the nation through challenging times remains a key aspect that should not be overlooked.
