Bajaj brothers was born in Mumbai, India, India. Bajaj brothers is #422 in List Billionaires People In The World. Three Bajaj siblings, Shekhar, Madhur and Niraj Bajaj, hail from the storied clan behind the 91 year-old Bajaj Group, chaired by their billionaire cousin Rahul Bajaj. The brothers earn a spot on the Forbes billionaires list for the first time on rising shares of group companies Bajaj Finserv and motorcycle maker Bajaj Auto. Youngest sibling Niraj, a Harvard Business School grad, chairs and runs steel unit Mukand, while the eldest, Shekhar, oversees consumer durables maker Bajaj Electricals. Madhur is vice chairman of Bajaj Auto and also has board seats in other group firms.