Rishi Sunak To Become UK’s First Prime Minister of Color.

• Member of the UK Parliament Rishi Sunak  to become UK’s first prime minister of Color
• Boris Johnson has pulls out of the UK prime minister race
• Rishi Suank secures endorsement of nearly 150 conservative MPs

Rishi Sunak, a member of the Parliament in the United Kingdom, has emerged as the frontrunner in the Conservative Party’s leadership race, and may eventually become the prime minister of the United Kingdom and the country’s first leader of color.

Recall that Liz Truss, resigned as the Prime minister of the United Kingdom last week, after spending 44 days in office.  Following Liz’s resignation, Boris Johnson, who was forced to quit his position in September over a string of scandals, attempted to make an audacious political comeback.

According to reports, Johnson had raced home to try and secure the backing of 100 legislators to enter the contest to replace Truss,who succeeded him in September. He noted that on Sunday that he had secured the backing of 102 legislators but  failed to persuade either Sunak or the other contender Mordaunt, to come together “in the national interest”.

“I believe I have much to offer but I am afraid that this is simply not the right time,” Johnson said.

Boris Johnson withdrawal from the race  paves the way for Rishi Sunak, to become prime minister of the United Kingdom and eventually the country’s first leader of color, possibly as soon as Monday. If confirmed, Sunak would replace Truss, who was forced to resign after she launched an economic programme that triggered turmoil in financial markets.

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With the endorsement of nearly 150 conservative MPs, Sunak – who served as Chancellor under Boris Johnson – has emerged as the frontrunner in the Consertive party’s leadership race. The only other challenger, Penny Mordaunt, has reportedly the backing of less than 30 MPs. A candidate requires nominations from at least 100 MPs to stand in the race.

According to the rules, if only one candidate secures the backing of 100 Conservative legislators, they will be named prime minister on Monday.If two candidates pass the threshold, they will go forward to a vote of the party membership, with the winner announced on Friday.

Rishi Sunak Profile

Rishi Sunak was born in Southampton to parents of Indian descent who migrated to Britain from East Africa in the 1960s. He was educated at Winchester College. He subsequently read philosophy, politics and economics (PPE) at Lincoln College, Oxford, and later gained an MBA from Stanford University in California as a Fulbright Scholar.

After graduating, he worked for Goldman Sachs and later as a partner at the hedge fund firms the Children’s Investment Fund Management and Theleme Partners.While studying at Stanford, he met his future wife Akshata Murty.  Sunak and Murty are the 222nd richest people in Britain, with a combined fortune of £730m as of 2022.

Sunak was elected to the House of Commons for Richmond in North Yorkshire at the 2015 general election, succeeding William Hague. He was appointed to Theresa May’s second government as Parliamentary Under-Secretary of State for Local Government in the 2018 reshuffle.

After May resigned, Sunak supported Boris Johnson’s campaign to become Conservative leader. After Johnson was elected and appointed Prime Minister, he appointed Sunak as Chief Secretary to the Treasury. Sunak replaced Sajid Javid as Chancellor of the Exchequer after his resignation in the February 2020 cabinet reshuffle. He resigned as chancellor on 5 July 2022, citing his economic policy differences with Johnson in his resignation letter.

On 8 July 2022, he stood in the Conservative party leadership election to replace Johnson. On 20 July, Sunak polled first amongst Conservative MPs, then competed in a vote of party members against Liz Truss. He in turn lost the Conservative leadership race to Truss, garnering 42.6% of the vote, and returned to the backbenches