Episode 2001
Rishi Sunak
Tue, 2022-Oct-25 04:40 UTC
Length - 4:09
Direct Link
Welcome to popular Wiki of the Day where we read the summary of a popular Wikipedia page every day.
With 2,865,654 views on Monday, 24 October 2022 our article of the day is Rishi Sunak.
Rishi Sunak (; born 12 May 1980) is a British politician who is Prime Minister-designate of the United Kingdom and has served as Leader of the Conservative Party since 24 October 2022. He previously served as Chancellor of the Exchequer from 2020 to 2022 and Chief Secretary to the Treasury from 2019 to 2020. He has been the Member of Parliament (MP) for Richmond (Yorks) since 2015.
Sunak was born in Southampton to parents of Punjabi Indian descent who migrated to Britain from East Africa in the 1960s. He was educated at Winchester College, read philosophy, politics and economics (PPE) at Lincoln College, Oxford, and gained an MBA from Stanford University in California as a Fulbright Scholar. While studying at Stanford, he met his future wife Akshata Murty, the daughter of N. R. Narayana Murthy, the Indian billionaire businessman who founded Infosys. Sunak and Murty are the 222nd richest people in Britain, with a combined fortune of £730m as of 2022. After graduating, Sunak worked for Goldman Sachs and later as a partner at the hedge fund firms the Children's Investment Fund Management and Theleme Partners.
Sunak was elected to the House of Commons for Richmond in North Yorkshire at the 2015 general election, succeeding William Hague. Sunak supported Brexit in the 2016 referendum on EU membership. He was appointed to Theresa May's second government as Parliamentary Under-Secretary of State for Local Government in the 2018 reshuffle. He voted three times in favour of May's Brexit withdrawal agreement. After May resigned, Sunak supported Boris Johnson's campaign to become Conservative leader. After Johnson was elected and appointed Prime Minister, he appointed Sunak as Chief Secretary to the Treasury. Sunak replaced Sajid Javid as Chancellor of the Exchequer after his resignation in the February 2020 cabinet reshuffle.
As Chancellor, Sunak was prominent in the government's financial response to the COVID-19 pandemic and its economic impact, including the Coronavirus Job Retention and Eat Out to Help Out schemes. He resigned as chancellor on 5 July 2022, followed by Johnson's resignation amid a government crisis. Sunak stood in the Conservative party leadership election to replace Johnson, and lost the members' vote to Liz Truss. Following Truss's resignation amid another government crisis, Sunak was elected unopposed as Leader of the Conservative Party. Sunak is expected to be appointed Prime Minister by King Charles III on 25 October, upon which he will become the first British South Asian, the first non-white person and the richest person to have held the office.
This recording reflects the Wikipedia text as of 04:40 UTC on Tuesday, 25 October 2022.
For the full current version of the article, see Rishi Sunak on Wikipedia.
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