London Daily

Focus on the big picture.
Wednesday, Feb 18, 2026

London's No. 10 Downing Street Gets Its First Billionaire Family

London's No. 10 Downing Street Gets Its First Billionaire Family

Rishi Sunak's spouse Akshata Murty is the reason he's part of the first billionaire family atop British politics.

Rishi Sunak's elevation to the top of UK politics brings a number of firsts. He's the youngest prime minister in more than two centuries; the first Hindu to hold the office; and his family will -- in nominal terms -- be the wealthiest to occupy 10 Downing Street.

His spouse Akshata Murty is the reason he's part of the first billionaire family atop British politics, with investments spanning everything from a luxury furniture marketplace to an outfitter for students of Eton College.

Murty, 42, who was born in India and is still an Indian citizen, has a net worth of about $1 billion thanks largely to her stake in Infosys Ltd., the software giant founded by her father, according to an estimate by the Bloomberg Billionaires Index.

Murty's net worth is larger than the roughly $400 million fortune of the late Queen Elizabeth II. Her son, King Charles III, formally appointed Sunak as prime minister on Tuesday.

The Bangalore-based company's shares have surged more than 1,500% since Murty was first publicly disclosed as a shareholder in 2001, though they have struggled this year in the face of a broad tech selloff as policymakers worldwide move to curb rising inflation.

Murty didn't immediately respond to a request for comment. Her father, Infosys founder Narayana Murthy, congratulated Sunak in an emailed statement.

"We are proud of him and we wish him success," Murthy said. "We are confident he will do his best for the people of the United Kingdom."

Political Headache


The material blessings of his in-laws have proven a political headache at times.

The revelation in April that Murty enjoyed "non-domiciled" tax status in the UK, meaning she paid no local taxes on overseas income, made her wealth a contentious topic just as a cost-of-living crisis began to bite across Britain. The furore saw Sunak's approval ratings plunge and prompted her to commit to paying UK taxes on her global income.

Their wealth is likely to remain in the spotlight. Sunak is taking charge with the UK facing what he described as "profound economic challenge," with many worrying about how to pay for heating or even groceries. That could make him an easy target for opposition lawmakers, who have also seized on the fact Sunak spent the bulk of his private sector days working for hedge funds, including one of the financial industry's most prominent activist investors.

Murty has links to some of the world's richest families through her investment firm, Catamaran Ventures UK. She was an early backer of dara5, a private investment community for "the next generation of global leaders," co-founded in 2019 by a member of Qatar's ruling dynasty, the Al-Thani family.

Catamaran has also acquired a stake in luxury British furniture marketplace the New Craftsmen, whose shareholders include Rupert Murdoch's oldest daughter, Prudence, and the Al Tajir family, the Emirati owners of the Park Tower hotel in London's Knightsbridge district.

Murty has been directly involved in some of her UK investments. She became a director in 2017 of New & Lingwood, an outfitter for students of England's prestigious Eton College -- former Prime Minister Boris Johnson's alma mater -- which charges tuition fees of about £45,000 a year. She stepped down from the role in February.

Catamaran Ventures is the name of Murty and her family's main investment entity, based in Bangalore, which employs about 15 staff in India overseeing holdings worth more than $1 billion spanning e-sports, insurance and Elon Musk's Space Exploration Technologies Corp.

Murty and Sunak met while studying for MBAs at Stanford University in mid-2000s. Sunak has said that he took certain classes just to be able to sit next to Akshata. The two married in the summer of 2009 in a wedding in Bangalore attended by thousands. They still own a property in California, a penthouse overlooking the ocean.

Sunak's elevation is drawing plenty of attention in India. After the news broke, a huge swarm of TV cameramen and reporters thronged the Murthys' home in Bangalore and Prime Minister Narendra Modi tweeted his congratulations.

Sunak may get inspiration from his father-in-law's approach to business.

In private, Sunak has said many times that he tries to live by his father-in-law's favored one-liner while building Infosys: "In god we trust, everybody else brings data to the table."

Newsletter

Related Articles

0:00
0:00
Close
Italian Police Arrest Man After Alleged Attempt to Abduct Toddler at Bergamo Supermarket, Child Hospitalised With Fractured Femur
Reform UK Appoints Former Conservative Minister Robert Jenrick as Finance Chief
UK Unemployment Rises to Highest in Nearly Five Years as Labour Market Weakens
Rupert Lowe Advocates for English-Only Use in the UK
US Successfully Transports Small Nuclear Reactor from California to Utah
South Korea's traditional sand wrestling sport ssireum faces declining interest at home
Japan outlawed Islam
Virginia Giuffre accuses Epstein of trafficking to powerful men for blackmail.
New Mexico lawmakers initiate investigation into Zorro Ranch linked to Jeffrey Epstein
British Tourist Arrested at Hong Kong Airport After Meltdown and Vandalism
The Spanish government has ordered prosecutors to investigate platforms X, Meta and TikTok for allegedly spreading AI-generated child sexual abuse material
European Commission Plans Purchase Incentives Limited to Vehicles Manufactured Largely in the EU
French District of Pas-de-Calais Introduces Immediate License Suspension for Drivers Using Mobile Phones
Volkswagen Targets €60 Billion in Cost Reductions as Sales Decline and Global Pressures Intensify
Nigel Farage Names Reform UK Frontbench Team and Signals Zero Tolerance for Internal Dissent
Qualcomm to Withdraw UK Lawsuit Over Smartphone Chip Royalty Dispute
Major UK Banks Explore Domestic Card Network to Rival Visa and Mastercard
Cold Health Alert Issued Across UK as Temperatures Drop Sharply
Nine-Year-Old Becomes First Child in UK to Undergo Groundbreaking Leg-Lengthening Surgery
UK Workers Face Stagnant Incomes and a Softening Labour Market as Unemployment Climbs
UK Passport Rules Tightened for British Dual Nationals Under New Travel Guidance
California Deepens Global Climate Alliance with New UK Pact and Major Clean-Tech Investment Drive
UK Supreme Court Tightens Rules on Use of ‘Milk’ and ‘Cheese’ Labels for Plant-Based Products
University of Kentucky Postpones Feb. 19 Law Enforcement Training Exercise in Lexington
‘The only thing illegal is Keir Starmer handing these islands to a country like Mauritius!’
JD Vance says Germany is “killing itself” by taking in millions of fake asylum seekers from culturally incompatible nations.
UK Markets Signal Opportunity as Starmer Confronts Intensifying Political Pressure
Trump Criticises Newsom’s UK Climate Pact, Defends Federal Authority Over Foreign Engagements
UK’s Top Prosecutor Says ‘No One Is Above the Law’ as Police Review Claims Against Ex-Prince Andrew
Businessman Adam Brooks weighs in on the reports that the US is set to help Hamit Coskun flee the UK, over free speech concerns
U.S. Attorney General Pam Bondi Releases 3.5 Million Pages of Jeffrey Epstein Case Files
US Secretary of State Marco Rubio Comment on European allies report blaming Russia for killing late Kremlin critic Alexei Navalny using toxin from poison dart frogs
Eighty-Year-Old Lottery Winner Sentenced to 16.5 Years for Drug Trafficking
UK Quran Burner May Receive Asylum in the US Amid Legal Challenges
Rubio Calls for Sweeping U.N. Reform, Saying It Has Failed to End Wars in Gaza and Ukraine
10,000 Condoms Distributed at Winter Olympics 2026 Athlete Village Depleted Within 72 Hours
Poland's President Advocates for Evaluating Independent Nuclear Weapons Development
Prince William Meets Saudi Crown Prince as Epstein-Andrew Fallout Casts Shadow
Starmer Calls for Renewed ‘Hard Power’ Investment at European Security Summit
UK Police Establish National Taskforce to Handle Domestic Epstein-Linked Allegations
UK Court Rules Ban on Palestine Action Unlawful in Major Free Speech Test
UK Faces Prospect of Net Migration Turning Negative as Economic Impact Looms
Mayor of Serdobsk in Russia’s Penza Region Resigns After Housing Certificates Granted to Migrant Family Trigger Public Outcry
Pentagon Reviews Anthropic Partnership After Claude AI Reportedly Used in Operation Targeting Nicolás Maduro
President Donald Trump and Hip-Hop’s Political Realignment: Pardons, Public Endorsements, and the Struggle Over Cultural Influence
China’s EV Makers Face Mandatory Return to Physical Buttons and Door Handles in Driver-Distraction Safety Overhaul
Goldman Sachs and DP World Executive Resignations: Elite-Reputation Risk and Corporate Governance Fallout From the Epstein Disclosures
‘Amelia’: The UK Government’s Anti-Extremism Game Villain Who Became a Protest Symbol
Peter Mandelson Asked to Testify Before US Congress Over Jeffrey Epstein Links
Walmart's Earnings and UK Economic Data Highlight Upcoming Financial Trends
×