It was reported within the Day by day Mail’s diary column this week that Rishi Sunak has purchased a brand new property in Mayfair which will probably be their London household residence after Downing Road (additionally they personal a pile in Yorkshire and a pad in Santa Monica, US).
It obtained the Pygge pondering – how does he afford it whereas carrying on as full-time MP for Richmond? Nicely there’s the household wealth from spouse Akshata, after all, in addition to his personal piggy financial institution financial savings from his days as a banker.
However Sunak has additionally began getting critical windfalls from his side-hustle as a company and after-dinner speaker. It seems corporations can pay huge cash to ebook a former Prime Minister, even one who led his occasion to its worst defeat in two centuries.
The Pygge has found that simply this month Sunak was paid a lump sum of £141,000 by NDTV, an Indian media conglomerate, after he gave a speech to them.
The engagement took up 5 hours of Sunak’s time. So he was making £470 a minute. Good work if you may get it.
Earlier this yr Sunak obtained related bungs: £160,000 for 3 hours with Bain Capital, £156,000 for 2 and a half hours with Makena, a California-based capital administration agency and £188,000 for 4 hours with a South Korean media firm.
The previous PM advertises his providers with the Washington Audio system Bureau, an American agency that has been raking it in for many years by working as a booker for former politicians. The agency says it “believes within the transformative energy of real-world human connections”.
[Further reading: How Labour can attack deportation plans]