You are here: Welcome » Rishi Sunak

Differences

This shows you the differences between two versions of the page.

Link to this comparison view

Both sides previous revisionPrevious revision
Next revision
Previous revision
Both sides next revision
rishi_sunak [2022/10/29 02:33]
liam [Politics]
rishi_sunak [2022/12/17 16:13] (current)
pamela [Early life]
Line 3: Line 3:
 {{ ::chancellor_rishi_sunak_cropped_.jpg_copy.png?200|}} {{ ::chancellor_rishi_sunak_cropped_.jpg_copy.png?200|}}
  
-**Rishi Sunak** is a British politician and investment banker based in [[united_kingdom:england:London]], [[united_kingdom:England]]. He is currently serving as the Prime Minister of the [[United Kingdom]].+**Rishi Sunak** is a British politician and investment banker based in [[united_kingdom:england:London]], [[united_kingdom:England]]. He is currently serving as the [[:Prime Minister]] of the [[:United Kingdom]].
  
 ===== History ===== ===== History =====
Line 9: Line 9:
 ==== Early life ==== ==== Early life ====
  
-Sunak was born May 12, 1980 in [[united_kingdom:england:Southampton]], [[united_kingdom:England]] at [[Southampton General Hospital]].((Slade, D. (2020, November 12). //Rishi Sunak’s Southampton childhood described in Lord Ashcroft biography.// Daily Echo. https://web.archive.org/web/20221024165656/https://www.dailyecho.co.uk/news/18865935.amp/)) His parents were born in the [[africa|African]] countries of [[africa:Tanzania]] and [[africa:Kenya]], their own parents having previously emigrated from [[asia:India]]. The pair separately emigrated to England, where they met and married.((Wallenfeldt, J. (2022, October 25). //Rishi Sunak | Biography, Wife, & Net Worth.// Britannica. https://web.archive.org/web/20221027205759/https://www.britannica.com/biography/Rishi-Sunak)) His father worked for the [[National Health Service]] (NHS), while his mother operated a pharmacy that later employed Sunak as a bookkeeper.+Sunak was born May 12, 1980 in [[united_kingdom:england:Southampton]], [[united_kingdom:England]] at [[:Southampton General Hospital]].((Slade, D. (2020, November 12). //Rishi Sunak’s Southampton childhood described in [[:Lord Ashcroft]] biography.// Daily Echo. https://web.archive.org/web/20221024165656/https://www.dailyecho.co.uk/news/18865935.amp/)) His parents were born in the [[africa|African]] countries of [[africa:Tanzania]] and [[africa:Kenya]], their own parents having previously emigrated from [[asia:India]].  
 + 
 +The pair separately emigrated to England, where they met and married.((Wallenfeldt, J. (2022, October 25). //Rishi Sunak | Biography, Wife, & Net Worth.// Britannica. https://web.archive.org/web/20221027205759/https://www.britannica.com/biography/Rishi-Sunak)) His father worked for the [[:National Health Service]] ([[:NHS]]), while his mother operated a pharmacy that later employed Sunak as a bookkeeper.
  
 ==== Education and early career ==== ==== Education and early career ====
  
-Sunak attended [[Winchester College]], an elite private school that has produced a number of very powerful people over the years. He served as “head boy” while attending.((Butcher, S. (2020, February 14). //Precocious 39 year-old ex-Goldman Sachs analyst gets lucky.// eFinancialCareers. https://www.efinancialcareers.co.uk/news/2020/02/rishi-sunak-banker)) He then went to [[University of Oxford]]’s [[Lincoln College]].+Sunak attended [[:Winchester College]], an elite private school that has produced a number of very powerful people over the years. He served as “head boy” while attending.((Butcher, S. (2020, February 14). //Precocious 39 year-old ex-Goldman Sachs analyst gets lucky.// eFinancialCareers. https://www.efinancialcareers.co.uk/news/2020/02/rishi-sunak-banker)) He then went to [[University of Oxford]]’s [[:Lincoln College]].
  
-After graduating in 2001, Sunak was hired as an analyst by [[Goldman Sachs]]. He worked there until 2004, at which point he travelled to the [[United States]] to earn his MBA from the [[Stanford Graduate School of Business]] in 2006 as a [[fulbright_program|Fulbright Scholar]]. Interestingly, it would seem at least some of his professors at Stanford don’t have any memory of him attending.((James, E. (2022, October 24). //Rishi Sunak studied at Stanford but NONE of his professors recall him.// Daily Mail. https://www.dailymail.co.uk/news/article-11349439/Rishi-Sunak-studied-Stanford-NONE-professors-remember-him.html))+After graduating in 2001, Sunak was hired as an analyst by [[:Goldman Sachs]]. He worked there until 2004, at which point he travelled to the [[United States]] to earn his MBA from the [[:Stanford]] Graduate School of Business in 2006 as a [[fulbright_program|Fulbright Scholar]]. Interestingly, it would seem at least some of his professors at Stanford don’t have any memory of him attending.((James, E. (2022, October 24). //Rishi Sunak studied at Stanford but NONE of his professors recall him.// Daily Mail. https://www.dailymail.co.uk/news/article-11349439/Rishi-Sunak-studied-Stanford-NONE-professors-remember-him.html))
  
 Completing his MBA at Stanford, Sunak returned to the United Kingdom to join the [[children's_investment_fund_management|Children’s Investment (TCI) Fund Management]] as a partner.((Hutchings, W. (2007, January 24). //TCI adds four partners.// FNL London. https://archive.ph/7WNsI)) He worked at TCI from September 2006 to November 2009.((//MrRishi Sunak.// Financial Services Register. Retrieved October 27, 2022, from https://register.fca.org.uk/s/individual?id=003b000000LVKnuAAH)) Completing his MBA at Stanford, Sunak returned to the United Kingdom to join the [[children's_investment_fund_management|Children’s Investment (TCI) Fund Management]] as a partner.((Hutchings, W. (2007, January 24). //TCI adds four partners.// FNL London. https://archive.ph/7WNsI)) He worked at TCI from September 2006 to November 2009.((//MrRishi Sunak.// Financial Services Register. Retrieved October 27, 2022, from https://register.fca.org.uk/s/individual?id=003b000000LVKnuAAH))
Line 21: Line 23:
 ==== Theleme Partners ==== ==== Theleme Partners ====
  
-Leaving TCI Fund Management in 2009, Sunak joined a new firm called [[Theleme Partners]] as a founding partner, which launched in October 2010. Theleme was co-founded by [[Patrick Degorce]], who had also cofounded TCI.((Journal, D. (2009, January 9). //TCI Co-Founder Patrick Degorce Has Left Hedge Fund.// Wall Street Journal. https://www.wsj.com/articles/BL-DLB-4126)) Early investments under the new firm included [[News Corp]] and [[Community Health Systems]].((Goodley, S. (2020, March 8). //Rishi Sunak: the bit-part hedge fund partner now managing the economy.// The Guardian. https://archive.ph/S84SD)) In 2012, Degorce began investing in [[pharmaceutical_companies:Moderna]], adding it to Theleme's portfolio shortly after.((Chung, J. (2020, October 2). //The Millionaire Who Gave Moderna a Shot.// Wall Street Journal. https://archive.ph/f7OHe)) He had first met the staff at Moderna in 2011, the same year [[Stephane Bancel]] was hired as CEO at the biotechnology company.((Huang, G. T. (2012, December 6). //Xconomy: Moderna, $40M in Tow, Hopes to Reinvent Biotech with “Make Your Own Drug” - Page 2 of 3.// Xconomy. https://archive.ph/E1RCN))+Leaving TCI Fund Management in 2009, Sunak joined a new firm called [[:Theleme Partners]] as a founding partner, which launched in October 2010. Theleme was co-founded by [[:Patrick Degorce]], who had also cofounded TCI.((Journal, D. (2009, January 9). //TCI Co-Founder Patrick Degorce Has Left Hedge Fund.// Wall Street Journal. https://www.wsj.com/articles/BL-DLB-4126)) Early investments under the new firm included [[:News Corp]] and [[:Community Health Systems]].((Goodley, S. (2020, March 8). //Rishi Sunak: the bit-part hedge fund partner now managing the economy.// The Guardian. https://archive.ph/S84SD)) In 2012, Degorce began investing in [[pharmaceutical_companies:Moderna]], adding it to Theleme's portfolio shortly after.((Chung, J. (2020, October 2). //The Millionaire Who Gave Moderna a Shot.// Wall Street Journal. https://archive.ph/f7OHe)) He had first met the staff at Moderna in 2011, the same year [[:Stephane Bancel]] was hired as CEO at the biotechnology company.((Huang, G. T. (2012, December 6). //Xconomy: Moderna, $40M in Tow, Hopes to Reinvent Biotech with “Make Your Own Drug” - Page 2 of 3.// Xconomy. https://archive.ph/E1RCN))
  
-Sunak was "one of the executives managing [Theleme Partners'] US office", meaning he would have had direct oversight of the firm's interest in Moderna.((Garside, J. (2020, November 17). //Rishi Sunak refuses to say if he will profit from Moderna Covid vaccine.// The Guardian. https://archive.ph/nyJNO)) By early 2020, Theleme Partners had “a quarter of its fund in Moderna,” making it “one of the company’s 10 largest shareholders” with “a roughly 20% position” as of October 2020.+Sunak was "one of the executives managing [[:Theleme Partners]] US office", meaning he would have had direct oversight of the firm's interest in [[:Moderna]].((Garside, J. (2020, November 17). //Rishi Sunak refuses to say if he will profit from Moderna Covid vaccine.// The Guardian. https://archive.ph/nyJNO)) By early 2020, Theleme Partners had “a quarter of its fund in Moderna,” making it “one of the company’s 10 largest shareholders” with “a roughly 20% position” as of October 2020.
  
 ==== Catamaran Ventures ==== ==== Catamaran Ventures ====
Line 30: Line 32:
 ===== Politics ===== ===== Politics =====
  
-Sunak dipped his toes in with the Conservative Party in 2010 and joined a think tank called [[Policy Exchange]] soon after. He was chosen to run for federal office on behalf of the Conservative Party in October 2014, winning in 2015.((//Richmond (Yorks).// UK Parliament. Retrieved October 27, 2022, from https://electionresults.parliament.uk/election/2015-05-07/results/Location/Constituency/Richmond%20(Yorks))) He resigned his position as director of Catamaran Ventures UK in April 2015, and was re-elected in 2017 and 2019. He was pro-[[Brexit]], and supported [[Boris Johnson]]'s appointment as party head. Sunak was then appointed to the elite [[Privy Council]] and chief secretary to the Treasury. +Sunak dipped his toes in with the Conservative Party in 2010 and joined a think tank called [[:Policy Exchange]] soon after. He was chosen to run for federal office on behalf of the Conservative Party in October 2014, winning in 2015.((//Richmond (Yorks).// UK Parliament. Retrieved October 27, 2022, from https://electionresults.parliament.uk/election/2015-05-07/results/Location/Constituency/Richmond%20(Yorks))) He resigned his position as director of Catamaran Ventures UK in April 2015, and was re-elected in 2017 and 2019. He was pro-[[:Brexit]], and supported [[:Boris Johnson]]'s appointment as party head. Sunak was then appointed to the elite [[:Privy Council]] and chief secretary to the Treasury.
  
 +Prior to 2020, Sunak was "largely unknown outside the party."((Honeyman, V. (2022, October 24). //Prime Minister Rishi Sunak: who is he and how did he end up with the top job in British politics?// The Conversation. https://theconversation.com/prime-minister-rishi-sunak-who-is-he-and-how-did-he-end-up-with-the-top-job-in-british-politics-193151))
 ==== Prime Minister ==== ==== Prime Minister ====
  
Back to top