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Rishi Sunak to Become Next British Prime Minister After Rivals Withdraw

HeadlineOct 24, 2022

In the United Kingdom, former Finance Minister Rishi Sunak will become the next prime minister after Boris Johnson and House of Commons Leader Penny Mordaunt pulled out of the race. Sunak will be the first British prime minister of South Asian descent. He previously worked for Goldman Sachs and is believed to be the wealthiest member of the House of Commons, with an estimated net worth of over $820 million, along with his wife. Members of the Conservative Party threw their support behind Sunak to replace Liz Truss, who resigned last week after just six weeks on the job.

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