Rahul Bajaj’s profile picture

Rahul Bajaj

Rahul Bajaj’s profile picture
Net worth 2018: $4.17 Billion
Industry: Automotive
Residence: Pune, India
Country: India
BirthDay: 10 June 1938
Sigh: Cancer
Children: 3
Education: Master of Business Administration, Harvard University
BIOGRAPHY

Rahul Bajaj was bornon 10 June 1938 in Pune, India, India. Rahul Bajaj is #482 in List Billionaires People In The World. Patriarch Rahul Bajaj, who chairs the 91-year-old Bajaj Group, saw his wealth increase by $1.1 billion, partly from the rising shares of financial services arm Bajaj Finserv, which is overseen by his younger son Sanjiv. The group's two-wheeler maker Bajaj Auto suffered a drop in sales due to the cash crunch brought on by demonetisation of the rupee. Older son Rajiv, who runs the company, called the government's move " a wrong idea". He also complained that while Bajaj's quadricycle Qute is being exported, it has still to get approval to sell in India.

NET WORTH STATISTIC
2010

$1.1 Billion

2011

$1.6 Billion

2012

$1.8 Billion

2013

$2 Billion

2014

$1.85 Billion

2015

$2.5 Billion

2016

$2.4 Billion

2017

$3.5 Billion

2018

$4.17 Billion

TIMELINE
Rahul Bajaj (born 10 June 1938) is an Indian businessman, politician and philanthropist. He is the chairman of Indian conglomerate Bajaj Group and member of parliament. Bajaj comes from the business house started by a Rajasthani Marwadi businessman Jamnalal Bajaj. He was awarded the third highest civilian award Padma Bhushan in 2001. In a recent interview for the Creating Emerging Markets project at the Harvard Business School, Bajaj provides a devastating critique of Indian industrial policies before the liberalization in the 1990s.Rahul Bajaj is an alumnus of Harvard Business School in USA, St. Stephen's College, Delhi, Government Law College, Mumbai and Cathedral and John Connon School.He took over Bajaj Group in 1965.On the Forbes 2016 list of the world's billionaires, he was ranked #722 with a net worth of US$2.4 billion.He was born on 10th June, 1938 and is the grandson of Indian independence fighter and philanthropist, Shri Jamnalal Bajaj. His sons Rajiv Bajaj and Sanjiv Bajaj are involved in the management of his companies. His daughter Sunaina is married to Manish Kejriwal, the former head of Temasek India.
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