Subhash Chandra’s profile picture

Subhash Chandra

Subhash Chandra’s profile picture
Net worth 2018: $4.85 Billion
Industry: Media
Residence: Mumbai, India
Country: India
BirthDay: 30 November 1950
Children: 3

Subhash Chandra was bornon 30 November 1950 in Mumbai, India, India. Subhash Chandra is #392 in List Billionaires People In The World. Media magnate Subhash Chandra's Zee Entertainment Enterprises, is the flagship of his Essel Group, and run by sons Punit and Amit. The television broadcaster's array of 75 channels reaches more than one billion viewers in 171 countries. Zee's presence in Southeast Asia covers Indonesia, Thailand, Malaysia, Singapore and the Philippines. The broadcaster sold its Ten Sports Network to Sony Pictures for $385 million in August and agreed to buy television channels and a 49% stake in an FM radio business from fellow billionaire Anil Ambani for a total of $280 million. Essel's infrastructure unit has a joint venture with China's Golden Concord Holdings for a $2 billion solar-equipment project in Andhra Pradesh state in South India. Chandra, who is a member of parliament, has published his autobiography, The Z Factor-My Journey as the Wrong Man at the Right Time.


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$4.85 Billion

Subhash Chandra (born Subhash Chandra Goel on 30 November 1950) is an Indian media baron with interests in packaging, media lottery and cinema. He is chairman of Essel Group, an Indian conglomerate. He was former Chairman of India's TV channel network Zee Media, but resigned as Director & Non-Executive Chairman of the Company with effect from 24 May 2016. He has been elected to the Upper House of Indian parliament from the Haryana state in Rajya Sabha election, 2016 on 11 June 2016. He has an honorary degree from UEL.Chandra was born in a village in Hisar district, Haryana. In 1965, while he was studying in 10th grade he dropped out of school to join family business of commission agent and trader who procured and supplied rice to Food Corporation of India. In 1980s he started manufacturing flexible packaging (mainly plastic tubes) for toothpaste, etc. under the name Essel Packaging. He followed up with a leisure park EsselWorld in north Mumbai, then known as Bombay. In 1992, he launched Zee Television, in collaboration with Li Ka Shing and first online lottery and first Dish TV in India.His channel Zee TV competes with, among others, Sony Entertainment Television and STAR Plus. His TV channels, numbering up to 70, including those in local language Hindi reach 959 millions people spread over 169 countries. He launched India's first satellite TV channel, Zee TV, in 1992. Other interests include packaging, theme parks, lotteries and cinema multiplexes. He started the failed Indian Cricket League, a domestic Twenty20 cricket league intended as a challenge to the Board of Control for Cricket in India, the nation's governing body in Cricket. In November 2009, he took over management responsibility of Daily News and Analysis (DNA), which features among the top 8 English dailies in India and is one of fastest growing English newspapers in the country.In 2005, in collaboration with Dainik Bhaskar group, Subhash Chandra launched an English daily, DNA, in Mumbai to challenge the well settled The Times of India newspaper and the competition was one of the biggest newspaper battles of Mumbai and sustaining earlier losses, the newspaper eventually turned around.Subhash Chandra was awarded an Honorary Doctorate of Business Administration from the University of East London (UEL). Chandra received the Doctorate from Lord Gulam Noon, the Chancellor of the University of East London, at the ceremony for their Royal Dock Business School graduates.During the award acceptance speech Chandra thanked the entire senior management team at the Royal Dock Business School, saying,"It is indeed a privilege to be recognized outside one’s country, and in the presence of such highly acclaimed and respected individuals. I thank you all for bestowing this prestigious award that I feel honoured to receive."Thus Subhash Chandra became Doctor Subhash Chandra.DSC show is a platform where Dr. Subhash Chandra engage with youth from across India and interacts on different topics. The core concept is to motivate the youth, inspire and share ideas and also help young entrepreneurs and aspiring minds for business. Dr. Subhash Chandra (DSC) show is aired every week on Saturday at 10 pm on Zee News and 7pm on Zee Business and on Sundays at 11 am on both Zee News & Zee Business. This show is also aired on other channels of Zee Media Corporation Limited.The Z Factor: My Journey as the Wrong Man at the Right Time is an autobiography of Subhash Chandra. It has been co-edited by Pranjal Sharma. This is an unusually candid memoir of a truly desi self-made businessman who came to Delhi at age twenty with seventeen rupees in his pocket. The book was launched on 20 January 2016 by Prime Minister Narendra Modi at 7, Race Course Road, New Delhi. The book was also officially unveiled at Zee Jaipur Literature Festival on 21 January 2016.
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