Rishi Sunak grilled by Andrew Marr over National Insurance rise
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Rishi Sunak has resigned as Chancellor and is leading the polls to replace Boris Johnson as Britain’s new Prime Minister. The famously wealthy MP made the decision to step-down from the ministerial role just last week, explaining that he was “sad to be leaving Government”, but simply “cannot continue like this” in his resignation letter. The PM hopeful will have no issues with his income while competing for a new position as the leader of the Conservative Party, but how exactly does the former Chancellor really spend his wealth when it comes to property?
Where does Rishi Sunak live?
Most recent reports suggest Rishi is living in a central London flat above Number 10 Downing Street with his wife and two daughters.
The property, which is conveniently close to the home of the former Prime Minister, Boris Johnson, was reported to have been entirely redecorated earlier in April at the expense of the ex-Chancellor himself.
As well as his Downing Street residence, Rishi and his wife Akshata Murthy own a sizable property portfolio of their own with homes across the UK – they even have one in California.
Rishi Sunak’s London home
The pair share enormous wealth, with Rishi’s wife known to be the daughter of one of India’s most successful entrepreneurs, making her one of the wealthiest women in Britain.
Rishi and Akshata’s five-bedroom city abode is estimated to be worth £7million alone, contributing to just a fragment of the pair’s extreme wealth.
The Kensington mews home provides the family with an excess of space, offering four bathrooms and two reception rooms spread across four storeys – it even has access to a private garden.
In addition to their spacious central London home, Rishi Sunak also owns a first-floor flat in Old Brompton Road, Kensington, which is said to act as a holiday home for visiting relatives.
Rishi Sunak’s Yorkshire home
The family also own a remote country abode in the Yorkshire village of Kirby Sigston.
Set on a 12-acre plot of land near Northallerton, the Georgian mansion is thought to cost around £1.5million, boasting an ornamental lake and a recently built pool on the property.
Renovations to add a pool to the Conservative MP’s huge home were revealed ls well as a large private pond and an idyllic wildlife area on the grounds.
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Rishi’s application to add a stone building to host a new home leisure facility including a gym, showers and a huge 12-metre pool were also unveiled earlier this year – though it is thought that the MP is still awaiting the renovations on his ‘weekend’ home.
The former Chancellor’s Yorkshire family property falls within his constituency, Richmond (York).
Having been the MP for the area since May 2015, it seems that the family show no signs of selling up their northern home.
As well as their English country retreat, Rishi and his wife own a fourth property in Santa Monica, California.
The pair’s US apartment is thought to be an ode to the time the Chancellor and his wife spent in America while studying at Stanford University.
While working towards his MBA as a Fulbright Scholar, Rishi met his future wife and the pair married in 2009 in Bangalore.
Initially, the newlyweds based themselves in California though they have since set up base in the UK where they expanded their property portfolio.
The Yorkshire home and Californian abode are said to be under Akshata’s name while Rishi officially owns the London properties.
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