These three businesses are also run by Rishi Sunak’s billionaire wife. Examine it.

On LinkedIn, Akshata Murty is listed as the director of three companies. We explain what these businesses do and what Murty’s role is in them.

Akshata Murty, the wife of UK Prime Minister Rishi Sunak, was recently in the news for allegedly using her non-domicile status to save millions of dollars in taxes and keep her foreign earnings hidden from British tax authorities.

In April 2022, the 42-year-old Indian-born and Indian-national will begin paying UK tax on “all worldwide income.” So, what is the global income under consideration, and where is it coming from?

Murty is a director of three companies, according to LinkedIn: the capital and private equity firm Catamaran Ventures, the gym chain Digme Fitness, and the gentlemen’s outfitters New & Lingwood. We explain what these businesses do and what Murty’s role is in them.

According to the Bloomberg Billionaires Index, Murty has a net worth of approximately $1.3 billion due to her stake in Infosys, the software giant founded by her father. Since Murty was first publicly disclosed as a shareholder in 2001, the Bangalore-based company’s shares have risen more than 2,000 percent, though they have struggled this year in the face of a broad tech sell-off.

Murty stated that her 0.9 percent stake in Infosys is a testament to her father’s hard work, of which she is “incredibly proud.” According to the Guardian, Murty has received 54.5 million pounds ($71 million) in dividends from the family company, Infosys, since 2015.

Notably, UK Prime Minister Sunak previously declared in the official parliamentary register that Murty owns the private investment firm Catamaran Ventures UK, but has not disclosed the firm’s investments. When he became a Member of Parliament in 2015, he gave Murty a 50% stake in the company.

Murty is currently employed by Catamaran Ventures as Director, Digme Fitness as Director, New & Lingwood as Director, and Claremont McKenna College as Trustee, according to her LinkedIn profile.

Her alma mater is also Stanford University Graduate School of Business.

Here is a list of the businesses.

Catamaran Enterprises

Catamaran Ventures is the name of Murty’s family’s main investment entity, which is based in Bangalore and employs about 15 people in India to oversee holdings worth more than $1 billion in e-sports, insurance, and Elon Musk’s Space Exploration Technologies Corp.

Murty has been a Director at Catamaran since May 2013, according to her LinkedIn profile. She is the sole director and shareholder of the British branch.

According to her LinkedIn profile, Catamaran’s family offices are in London and Bangalore. It focuses on local brands in the UK that require capital, management expertise, and network partners to grow strategically. According to her description, international expansion is a primary focus.

Murty also has direct holdings in at least six UK companies through Catamaran, including Digme Fitness, Jamie’s Italian, Jamie’s Pizzeria, New & Lingwood, Soroco, and Wendy’s. She is also listed as a director in Digme Fitness and New & Lingwood.

Wendy’s is investing in British hedge fund manager Hugh Sloane’s company, which launched Wendy’s restaurants.

Lingwood and New

She has been the Director of New & Lingwood since 2017, an outfitter for students at England’s prestigious Eton College, Prime Minister Boris Johnson’s alma mater, which charges tuition of around £45,000 per year. She resigned from the position in February. A New & Lingwood spokeswoman declined to comment.

According to the company’s website, New & Lingwood is a British heritage brand with four stores in the UK and New York, as well as a pop-up in Marylebone. It was founded in Eton in 1865 and has been outfitting Eton College students ever since.

Murty stated that her 0.9 percent stake in Infosys is a testament to her father’s hard work, of which she is “incredibly proud.” According to the Guardian, Murty has received 54.5 million pounds ($71 million) in dividends from the family company, Infosys, since 2015.

Notably, UK Prime Minister Sunak previously declared in the official parliamentary register that Murty owns the private investment firm Catamaran Ventures UK, but has not disclosed the firm’s investments. When he became a Member of Parliament in 2015, he gave Murty a 50% stake in the company.

Digme

Murty joined Digme, a London-based fitness company that went bankrupt in February, as a director in 2017. Murty, who is still a director, had a 4.4 percent stake in the company as of February.

According to the company’s website, it provides fitness programmes at studios in Bank, Covent Garden, Moorgate, and Richmond, as well as at home.