The wealth of Akshata Murty, Indian heiress and wife of Rishi Sunak

theguardian.com:

Akshata Murthy is richer than the Queen and owns almost as many houses.

The Indian heiress, and her husband, the chancellor, Rishi Sunak, own a property portfolio of four homes worth an estimated £15m – including an LA penthouse overlooking the beach where Baywatch was filmed.

The couple, who married in a lavish two-day Indian ceremony in 2009 and have two children, live predominantly in a flat above 10 Downing Street but also own two other properties in the capital and a £2m Grade II-listed Georgian mansion in Yorkshire.

Murty, 42, is sitting on an estimated £690m fortune held in shares in Infosys, the IT giant founded by her billionaire father. That makes her much richer than the Queen, who has about £365m.

It was revealed this week that despite living in the UK for the past nine years, Murty claims non-domicile status, allowing her to avoid paying UK tax on the £11.5m-a-year she collects in dividend from the overseas IT fortune.

Using the “non-dom” scheme – which is also used by the now-sanctioned Russian oligarch Roman Abramovich and the Daily Mail owner, Lord Rothermere – has allowed Murty to not pay up an estimated £20m in tax that would have been due on £54m of dividends earned over the past seven-and-a-half years if she decided to pay UK tax in full.

Her spokesperson suggested that Murty, as an Indian citizen, had no choice but to be “treated as non-domiciled for UK tax purposes”. However, all UK residents must actively apply for non-dom status by filing in government tax form SA109 to claim the tax relief.

Murty is also paying a £30,000 “annual charge” to the Treasury for the right to maintain her non-dom status beyond a seven-year cut off period.

The non-domicile scheme, first introduced under King George III in 1799,