Rishi Sunak became Britain’s first prime minister of color on Tuesday.
Sunak, 42, officially became the British prime minister on Tuesday after meeting with King Charles at Buckingham Palace.
He is UK’s fifth prime minister in six years, the third in less than two months.
Sunak, 42, is also Britain’s youngest prime minister for more than 200 years.
Sunak, a Hindu, also becomes Britain’s first prime minister of Indian origin.
Rishi Sunak‘s grandparents hailed from Gujranwala, now in Pakistan; while Rishi Sunak‘s parents were from Nairobi, Kenya; and Rishi Sunak was born in Southampton, UK.
The King received The Rt Hon Rishi Sunak MP at Buckingham Palace today.— The Royal Family (@RoyalFamily) October 25, 2022
His Majesty asked him to form a new Administration. Mr. Sunak accepted His Majesty's offer and was appointed Prime Minister and First Lord of the Treasury. pic.twitter.com/UnT3jMS8so
A day earlier, Former finance minister Rishi Sunak completed a political comeback, he was selected prime minister by Britain’s ruling Conservative Party, just seven weeks after he was beaten to the office by Liz Truss.
The United Kingdom is a great country but we face a profound economic crisis.— Rishi Sunak (@RishiSunak) October 23, 2022
That’s why I am standing to be Leader of the Conservative Party and your next Prime Minister.
I want to fix our economy, unite our Party and deliver for our country. pic.twitter.com/BppG9CytAK
Britain’s new prime minister, on his first day in office, vowed to fix the mess left by his predecessor, restore faith in politics and tackle a “profound economic crisis” but warned the country there would be difficult decisions.
Standing in front of his new Downing Street office, Sunak said: “I want to pay tribute to my predecessor Liz Truss … But some mistakes were made. Not born of ill will or bad intentions. Quite the opposite, in fact. But mistakes nonetheless.”
“And I have been elected as leader of my party and your prime minister, in part to fix them. And that work begins immediately. I will place economic stability and confidence at the heart of this government’s agenda. This will mean difficult decisions to come,” he added.
As reported, Sunak is one of the richest men in the British parliament.
He will have to find deep spending cuts to plug an estimated 40 billion pound ($45 billion) hole in the public finances due to an economic slowdown, higher borrowing costs, and a six-month programme of support for people’s energy bills.
Rishi Sunak and his wife sit on a fortune of £730,000,000. That’s around twice the estimated wealth of King Charles III.