Infosys founder N R Narayana Murthy congratulated his son-in-law Rishi Sunak on becoming the first Indian-origin Prime Minister of the United Kingdom. Murthy said he was proud of Sunak’s achievement and was confident that would he “do his best” for the country.
“Congratulations to Rishi. We are proud of him and we wish him success. We are confident he will do his best for the people of the United Kingdom,” Murthy said in a brief statement after if was obvious that Sunak, 42, would be Britain’s next Prime Minister.
Sunak is married to Narayana Murthy’s daughter Akshata Murthy and the couple have two daughters – Krishna, 11, and Anoushka, 9.
As per reports, Murthy’s personal wealth is valued at over $4 billion, and his daughter’s 0.95 per cent stake in Infosys Ltd is valued at over $750 million. He co-founded tech giant Infosys in 1981. He founded investment firm Catamaran Ventures in 2009. In 2013, it was incorporated in the UK.
Catamaran manages portfolios of companies “across high-growth sectors including e-commerce, technology, financial services, consumer goods, healthcare and education.” Both Sunak and Akshata held stakes in Murthy’s Catamaran Ventures. Before being elected as a Conservative MP in 2015, the UK PM-designate supposedly transferred his stake to his wife. Akshata holding a “non-domiciled” status that allowed her to pay tax in India rather than Britain also came under intense scrutiny because of Sunak favouring tax-raising policies.
Sunak and Akshata met at Stanford University in California in the United States when they were MBA students. The couple married in Bengaluru in August 2009 in a traditional Indian wedding.