: The U.K.’s next prime minister is worth more than the king. Kind of.

by | Oct 24, 2022 | Stock Market

They’re both enormously wealthy, but King Charles III is going to be appointing as prime minister someone wealthier than him in Rishi Sunak. Sunak is a former Goldman Sachs
GS,
+1.37%
analyst and hedge-fund manager, but his wealth overwhelmingly comes from his wife, Akshata Murthy, who is the daughter of the Infosys founder N.R. Narayana Murthy. Her 0.93% stake in Infosys
500209,
+1.15%

INFY,
+1.17%,
at Friday’s closing price, was worth $710 million.

Together, they own four properties — including one in Santa Monica, Calif. She also owns Catamaran Ventures, a venture-capital firm whose net book value at the end of last year was £3.5 million ($4 million). The king’s assets are less easily marked to market. Forbes puts his personal assets at around $500 million, and other reports say his personal worth is more like $600 million. The queen consort, Camilla, is worth a few million, as well, and has her own country house. Charles, on the other hand, does oversee some $42 billion in the monarchy’s assets, according to Forbes, which is his to use but not sell. He can’t personally profit from a hypothetical sale-and-leaseback of, say, Buckingham Palace.

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