Akshada Murthy is the daughter of Narayana Murthy, one of the founders of Infosys.
Akshata Murthy’s holdings in Infosys are worth an estimated Rs 5,950 crore.
Akshada Murthy, wife of Rishi Sunak, who has been elected as the new Prime Minister of Britain, owns 3.89 crore shares of India’s technology giant Infosys.
Its approximate value is USD 721 million, which is Rs 5,950 crore in Indian Rupees.
Who is Akshada Murthy who owns so much property? This article describes how the relationship between the current British Prime Minister Rishi Sunak and Akshata Murthy blossomed.
Who is this Akshada Murthy?
Akshada Murthy’s parents, mother Sudha Murthy and father Narayana Murthy, migrated to Mumbai to boost the family’s economy and excel in their careers.
But then Akshada was forced to stay with her grandparents in Karnataka due to the family’s dire economic situation.
Akshada Murthy then started studying Masters in Business Management (MBA) at Stanford University in the US, where she met and befriended Rishi Sunak, after which the two got married.
Occupation and Income:
Starting life in California, Akshada started a fashion company named Akshada Designs in 2011, but it failed four years later.
And he is currently a director in some companies like Catamaran Ventures, Digmee Fitness, New & Lingwood, according to his LinkedIn page.
Akshada Murthy, daughter of Narayana Murthy, one of the founders of Infosys, India’s famous IT company, holds 0.93 percent of Infosys shares, DNA news agency reported.
In terms of individual holdings Akshada Murthy owns 3.89 crore shares, which is approximately worth USD 721 million, which is Rs 5,950 crore in INR terms.
Press Trust of India reported that Infosys paid a dividend of Rs 32.5 per share to its shareholders in the last financial year 2021-22.
Based on that, if you multiply the 3.89 crore shares held by Akshaya Murthy with the dividend of Rs 32.5 crore, Akshaya Murthy has received a dividend income of around Rs 126 crore in the last financial year 2021-22 alone.
For more news: New home secretary questioned: Opposition plans to surround PM Rishi Sunak
Controversy:
Akshaya Murthy, who is living in Britain, is still in non-domiciled status, so that he does not need to pay tax in Britain on the income he earns outside of Britain, but following strong criticism from the opposition parties and on the Internet, he is paying tax in Britain on all the income he earns worldwide.