Akshata Murty

Akshata Narayana Murty (born April 25, 1980) is a well-known Indian heiress who works as a venture capitalist, fashion designer, and businesswoman. Additionally, she is the wife of Rishi Sunak, the Conservative Party leader and Prime Minister of the United Kingdom.

The Sunday Times Rich List of 2022 ranked them as the 222nd richest people in Britain, with a combined fortune of £730 million (about US$830 million).

Their wealth has attracted a lot of attention. Her financial situation came under public attention in the UK that same year when she claimed to have non-domiciled status-a status that is sometimes linked to tax benefits for the very rich.

In reaction to the public debate, Akshata Murty chose to give up the financial advantages associated with her non-domiciled status. She has important family links as the daughter of N. R. Narayana Murthy and Sudha Murty, co-founders of the well-known Indian multinational IT business Infosys.

In addition, she owns interests in several British companies and 0.93% of Infosys, demonstrating her substantial financial power and influence.

Early life

Akshata Murty was born in Hubli, India, in April 1980. Her maternal grandparents raised her in her early years as her parents, N. R. Narayana Murthy and Sudha Murthy, worked to develop the renowned technology business Infosys.

Sudha Murty, Akshata's mother, was the first female engineer to work at TATA Engineering and Locomotive Company i.e. India's largest vehicle manufacturer at the time. Sudha Murty later shifted into charity, creating an enduring effect on the field.

Akshata Murty, the daughter of Infosys co-founder N. R. Narayana Murthy, has one brother named Rohan Murty. They grew up in Jayanagar, a Bangalore neighborhood. R. H. Kulkarni, a surgeon, and his wife Vimala Kulkarni, a schoolteacher, were her maternal grandparents.

Akshata attended Baldwin Girls' High School in Bangalore in the 1990s. She joined at Claremont McKenna College in Claremont, California, in 1998 to study economics and French. She also has a Fashion Institute of Design and Merchandising diploma in clothing manufacturing. She is also a Stanford University Master of Business Administration graduate.

Family Of Akshata Murthy

Narayana Murthy is her father, who is the founder of a well-known and most successful company in IT named Infosys. He worked as chairman of the board of Directors from year 1981 to 2002, even after retiring as CEO.

After that, in 2011. He started working as executive chairman for the company for five years. Akshata's mother is a famous public figure known as Sudha Murthy, who also worked as an engineering teacher, social worker, and author. Sudha Murthy has also worked with her husband in Infosys.

Her mother, Sudha Murthy has received the Padma Shri award for her wonderful social servicing activities in India. Her mother is also the founder of many orphanages and has worked on many projects related to rural development in India. Regarding her brother, Mr. Rohan, Narayana Murthy is likewise popular and, following on his father's career by working in a variety of disciplines.

As of right now, Rohan's library is known as the Murthy Classical Library of India, and it is renowned for producing works of classic Indian literature. Akshata is an Indian woman with South Asian origin. She is from South India and practises Hinduism. They are Brahmin by caste. Akshata's father's full name is Nagavara Ramaroa Narayana Murthy.

On August 20, 1946, Narayan Murthy was born in the Kingdom of Mysore, which was during the British government in India. After getting his master's degree in Electrical Engineering in 1969, he started working as a Research Associate at the college IIM Ahmadabad. During his time working in various sectors, he also started a company known as Softronics, which collapsed for uncertain reasons. Then, he came back to Patni Computer Systems in Pune. However, the time he spent at NIS in 1974 changed him to become a passionate capitalist, which led to the creation of Infosys.

Career and Investments

Akshata Murty began her career in the cleantech field in 2007 when she joined the Dutch startup Tendris as Marketing Director. She worked on this project for two years before launching her own fashion company.

Her fashion label was forced to close in 2012. Undaunted, Murty moved into venture capital in 2013, taking on the role of director at Catamaran Ventures. In addition, she was instrumental in founding the London branch of her father's prestigious Indian firm, N. R. Narayana Murthy, with her husband, Rishi Sunak.

Professional Experience

Following the completion of her MBA, Akshata participated in Tendris, a Dutch cleantech hatchery shop, as promotion chief in 2007. In 2009, she launched her clothing line. - Akshata Designs

After founding her own company, she was appointed as the director of Catamaran Ventures in 2013. She was appointed to the boards of Claremont McKenna Colleges and the San Francisco Exploratorium in 2017.

Husband & Children

Rishi Sunak met Akshata as she was finishing her post-graduate studies. They quickly became excellent friends and began dating.

They married on August 30, 2009, in a casual ceremony at 'The Ballroom, Leela Palace Hotel, Old Airport Road, Bangalore.' Nandan M Nilekani, Azim Premji, Kiran Mazumdar-Shaw, Prakash Padukone, Captain G.R. Gopinath, Anil Kumble, Syed Kirmani, and Girish Karnad were among those who attended the wedding.

The Prime Minister of the United Kingdom, Boris Johnson, was nominated Rishi Sunak as the 'Chief Secretary to the Treasury' on July 24, 2019. Krishna and Anoushka are Akshata and Rishi's two daughters.

Favourites of Akshata Murthy

Akshata Murthy, noted for her wide range of interests, has a number of favourite items. In terms of food, she adores McDonald's burgers as well as the flavours of South Indian cuisine. She considers Rajinikanth in great respect for his acting abilities in the film industry.

When it comes to favourite actress, Aishwarya Rai grabs her admiration. Her favourite colours are bold and timeless red and black. Akshata loves immersing herself in movies, traveling to new places, and becoming lost in the pages of compelling literature since she loves reading. Her interests display her passion for storytelling as well as her respect for several forms of art and culture.

Controversy

Akshata Murthy, wife of British Chancellor Rishi Sunak, became involved in a scandal about her income tax status in the UK in April 2022. She claimed a non-domiciled tax position, which allowed her to avoid paying taxes on income received from overseas firms, according to media sources.

This statement raised questions about the impartiality and openness of the tax system, as well as heightened scrutiny of notable politicians' financial affairs.

Concerns were also raised regarding Murthy's ties to Russia as her business, Infosys continued to operate there despite the ongoing Russia-Ukraine conflict. This piqued people's interest and sparked suspicion about potential conflicts of interest.

In response to the growing problem, Infosys made an announcement about its intention to withdraw its services from Russia, highlighting the intricate relationship between tax laws, business interests, and geopolitical concerns.

A large incident occured regarding the positions of power and those who served as a sobering reminder of the importance of accountability along with transparency in public office.

Facts about Akshata Murthy

• Her grandparents raised her in Hubli because her parents were busy in their careers.
• Akshata owns 0.93 percent of the stock in Infosys.
• She spells her surname differently from her father and leaves out the 'h' in Murthy.
• In Sudha Menon's "Legacy: Letters from Eminent Parents to Their Daughters," Akshata's father writes a letter. The letter's first few lines are, "Becoming a parent transformed me in ways I never imagined possible. I could never go back to being the person I once was. Your presence in my life offered me immeasurable joy as well as a greater sense of duty. I was no longer just a husband, son, or promising employee of a rapidly expanding company. As a father i had to live upto my daughter's expectations of him at every important phase of her life"

Conclusion

In summary, the birthdate of Akshata Narayana Murty is April 25, 1980. The extraordinary Akshata Murthy, daughter of Sudha Murthy, is evidence of the power of intellect, determination, and a well-defined goal. Her background is deeply steeped in philanthropy, and she has built a name for herself in the business and technological sectors. She aspires to make a beneficial impact on the world.

Akshata's involvement in several philanthropic endeavours and her employment at a well-known venture capital business demonstrate her dedication to promoting social welfare and innovation. Aspiring business owners and individuals who wish to use their resources and influence for the greater good might learn from her experience.