![\"Rishi](\"https:\/\/c.ndtvimg.com\/2023-04\/mdi24bg4_akshata-murty_625x300_17_April_23.jpg\"\/ "\\"Rishi")
<\/div>\nAkshata Murty’s wealth have been a recurring theme in Rishi Sunak’s political career.<\/p>\n<\/div>\n
Rishi Sunak’s wife Akshata Murty lost about $61 million Monday after shares in Infosys Ltd tumbled the most since he became UK prime minister.<\/p>\n
Murty owns a 0.94% stake in the Indian software giant co-founded by her father Narayana Murthy. The company nosedived Monday after its guidance painted a negative outlook for India’s technology sector, leading to a wave of downgrades by brokers. It closed down 9.4%, the biggest drop since March 2020.<\/p>\n
While the paper loss is a fraction of the Sunak family’s wealth – Murty’s stake is still worth more than 450 million pounds – it also serves to highlight the gulf between the prime minister and ordinary Britons struggling in a cost of living crisis.<\/p>\n
Sunak’s office declined to comment.<\/p>\n
Murty’s wealth and outside interests have been a recurring theme in her husband’s political career. Last year, it emerged she holds non-domicile status and hadn’t been paying UK tax on overseas earnings. She said her arrangements were “entirely legal,” but also opted to start paying British taxes on those earnings<\/p>\n
In a separate development Monday, UK Parliamentary Commissioner for Standards Daniel Greenberg opened an inquiry into whether Sunak failed to declare a relevant interest relating to a minority stake owned by his wife in a childcare company. His office said the interest had been “transparently declared” and that the premier would cooperate with Greenberg.<\/p>\n
The prime minister last month disclosed details of his own financial affairs, showing he paid more than 1 million pound in UK taxes over the past three years. His earnings from shares and capital gains easily eclipsed his political salary.<\/p>\n
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)<\/i><\/p>\n<\/div>\n