Ramesh Chandra’s profile picture

Ramesh Chandra

Ramesh Chandra’s profile picture
Net worth 2018: $1 Billion
Industry: Real Estate
Country: India
BirthDay: 1939
Children: 2
Education: Bachelor of Arts / Science, Indian Institute of Technology; Master of Science, University of South Hampton
BIOGRAPHY

Ramesh Chandra was bornon 1939 in India. Worth over $11 billion at his peak in 2007, Ramesh Chandra has yet to regain his billionaire status. His property developer Unitech, which he started in 1972, fell into trouble after it got embroiled in a telecom corruption scandal that led to younger son Sanjay being jailed for seven months last year. It recently settled a long-running dispute with partner Telenor by agreeing to sell its close to one third stake in their Uninor, whose telecom licenses were cancelled in the wake of a corruption scandal to the Norwegian firm. In a bid to reduce its $1 billion debt, Unitech is reportedly in talks with private equity firms to sell its two special economic zones and an IT park. A trained engineer, his wife is a doctor. Their family foundation has funded a school in Gurgaon.

NET WORTH STATISTIC
2010

$1.4 Billion

2011

$1 Billion

2018

$1 Billion

TIMELINE
2016

Ramesh Chandra was jailed on 11 January 2016 on charges of cheating

2011

In 2011, Sanjay Chandra was implicated in the 2G spectrum case and was arrested by the Central Bureau of Investigation

1985

He moved into real estate and civil engineering in 1985 to build middle-class homes and completed many prestigious projects in Gurgaon, UP, and Libya, among other middle-eastern countries

1939

Ramesh Chandra (born 1939/40) is the founder Indian Real estate company Unitech

1938

Ramesh Chandra, was born in 1938/40 to a banker, and spent his formative years in Farrukhabad, a town in Uttar Pradesh

(4.3/139 votes)
Related Person
Akira Mori’s profile picture
Akira Mori
Net Worth is $6.5 Billion
Ian & Richard Livingstone’s profile picture
Ian & Richard Livingstone
Net Worth is $6.43 Billion
Francis Choi’s profile picture
Francis Choi
Net Worth is $6.42 Billion
Kei Hoi Pang’s profile picture
Kei Hoi Pang
Net Worth is $6.4 Billion
Kushal Pal Singh’s profile picture
Kushal Pal Singh
Net Worth is $6.08 Billion
Olav Thon’s profile picture
Olav Thon
Net Worth is $6 Billion