TodayWednesday, July 08, 2026

The wealth of Sunak and his wife declines in 2023. What is the reason?

May 19, 2023

But with a fortune of £529million, the couple sit 275th on the Sunday Times list of Britain’s richest people, up from 222nd last year.

As prime minister, Sunak is entitled to an annual salary of around 165,000 pounds ($208,246). His fortune has grown from around £730m last year to £529m in 2023.

Sunak is Britain’s richest prime minister and his wealth has left him vulnerable to attack from opposition politicians who say he doesn’t feel for ordinary people at a time when many Britons are feeling impoverished in light of the high cost of living crisis.

Inflation has reached double digits and wages are not rising as fast, leading to falling household incomes and a headline-grabbing cost of living crisis. Sunak pledged to halve inflation and expand the economy to solve the problem.

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Arab Desk

Arab Desk

The Arab Desk leads The Eastern Herald's reporting on the Middle East and North Africa. The desk has covered the Gaza-Israel war since October 2023, the Iran-Israel war of 2025-2026, the fall of the Assad government in Syria, Hezbollah's political and military shifts in Lebanon, the war in Yemen, and the diplomatic realignment of the Gulf states under the Abraham Accords and the Saudi-Iranian rapprochement.

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