Rishi Sunak's four-month-old nephew has recently entered the realm of multi-millionaires, courtesy of a generous gift from his grandfather, NR Narayana Murthy, the co-founder of Infosys and

father-in-law of Rishi Sunak. In a remarkable move, Mr. Murthy transferred a 0.04% stake in the IT giant to his grandson, Ekagrah Rohan Murthy, making the infant the youngest shareholder in the company.

This familial transaction, disclosed through an exchange filing, saw the infant receiving a staggering 1.5 million shares of the company via an off-market transfer. Consequently, Mr. Murthy's overall shareholding in Infosys decreased marginally from 0.4% to 0.36%, accounting for a total of 15.1 million shares, as reported by The Economic Times.

The birth of Ekagrah Rohan Murthy in November last year marked the third grandchild for Mr. Murthy and his wife, following the joyful arrival of a baby boy to Rohan Murthy and Aparna Krishnan. Rohan Murthy happens to be the brother of Rishi Sunak's wife, Akshata Murthy, who, along with Rishi, is a parent to two daughters, Krishna and Anoushka.

While this familial wealth transfer has garnered attention, it's worth noting that Mr. Murthy's recent remarks on work ethic sparked controversy in India. During a YouTube interview, he advocated for young people to embrace long hours of work, citing the need for heightened productivity akin to post-World War II Germany and Japan. His comments triggered a backlash online, with concerns raised about work-life balance, workplace exploitation, and societal norms regarding productivity.

Though some CEOs expressed support for Mr. Murthy's stance, questions regarding fair compensation and the impact on employees' personal and social lives dominated social media discussions. As debates continue, Mr. Murthy's gift to his grandson stands as a testament to the interplay between family, wealth, and societal expectations in the modern era. Photo by Rupeshsarkar, Wikimedia commons.