Rishi Sunak, the U.K.'s new prime minister, is richer than the royals

Rishi Sunak, the U.K.'s new prime minister, is richer than the royals

Rishi Sunak will become the wealthiest ever prime minister of the U.K., with his family's personal fortune surpassing even that of the royals. Sunak, 42, is breaking plenty of ground as he becomes the country's third premier in under two months. He's the U.K.'s youngest leader since 1812, as well as the first person of color to serve in the role.

But Sunak's personal wealth is also grabbing outsized attention, especially as he takes the helm at a time the U.K. is facing an economic crisis he described as "profound" in his first address as prime minister. Sunak and his wife Akshata Murty are worth a combined $837 million (or 730 million pounds), according to the Sunday Times Rich List.

Before her death, Queen Elizabeth was estimated to have a personal net worth of $424 million (370 million pounds), according to the Sunday Times.

Sunak and his wife will become the wealthiest residents of No. 10 Downing Street, the residence of the prime minister, surpassing that of the previous record holder. That was Edward Stanley, the 14th Earl of Derby, who served as prime minister three times in the 1800s and was worth about $509 million in today's dollars, according to the Guinness Book of World Records.

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