Rishi Sunak Joins Goldman Sachs as Senior Advisor, Donates Salary to Charity

Friday, Jul 11, 2025 12:34 am ET1min read

Former British prime minister Rishi Sunak has rejoined Goldman Sachs as a senior advisor, with his salary to be donated to his new charity, The Richmond Project. Despite still working in government, Sunak has a net worth of nearly $1 billion with his wife, Akshata Murty. They have invested in various British startups and hold a significant stake in Infosys, an Indian IT giant. Sunak received $668,000 for three speaking appearances in April and May.

Former British Prime Minister Rishi Sunak has returned to the banking sector, taking up a senior advisory role at Goldman Sachs, the global investment banking giant where he once worked before entering politics. Sunak's appointment was confirmed on Tuesday, following the mandatory 12-month cooling-off period after his departure from public office [2]. He will donate his earnings from the role to The Richmond Project, an educational charity he recently launched with his wife Akshata Murty, focused on enhancing numeracy and mathematics skills among young people in England [1].

Sunak, who stepped down after the Conservative Party's defeat in the UK general elections on July 4 last year, will advise clients globally on a range of macroeconomic and geopolitical issues as well as contribute to a culture of "ongoing learning and development" with Goldman employees around the world [1]. While the company declined to share Sunak's new salary, his pay will be donated to The Richmond Project, a newly launched charity by him and his wife [1].

The UK Advisory Committee on Business Appointments (ACOBA), which vets roles taken by former ministers, gave its conditional approval for Sunak's appointment at Goldman Sachs. Given Sunak’s access to privileged information during his tenure as Prime Minister and Chancellor, the committee imposed strict guidelines to avoid any potential conflict of interest or undue influence on government matters [2].

Sunak continues to serve as a backbench MP for Richmond and Northallerton. His return to the private sector—paired with his charitable initiative—has sparked renewed interest in his post-political career, especially in how he balances corporate and philanthropic efforts [2]. Goldman Sachs welcomed his appointment in a statement, describing him as a valuable addition to their global strategic advisory team [2].

Sunak's net worth totals about £640 million ($871 million), according to The Sunday Times Rich List [1]. Their family is the wealthiest to have called 10 Downing Street home—and are even richer than King Charles III. This is thanks largely to Murty’s 0.94% stake in Infosys, the Indian IT giant co-founded by her billionaire father [1]. Sunak received $668,000 for three separate appearances in April and May of this year, including a speaking engagement for Bain Capital [1].

References:
[1] https://fortune.com/2025/07/09/millionaire-rishi-sunak-former-uk-prime-minister-new-goldman-sachs-senior-advisor-job-multimillionaire-akshata-murty-side-gigs-salary/
[2] https://www.daijiworld.com/news/newsDisplay?newsID=1285795

Rishi Sunak Joins Goldman Sachs as Senior Advisor, Donates Salary to Charity

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