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Rahul Bajaj

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Rahul Bajaj
Born (1938-06-10) 10 June 1938 (age 86)
NationalityIndian
Alma materHarvard University (MBA)
OccupationChairman of Bajaj Group
Political partyIndependent
Spousewidowed
Children3, including Rajiv Bajaj
RelativesJamnalal Bajaj (grandfather)
Tarang Jain (nephew)
AwardsPadma Bhushan (2001)

Rahul Bajaj (born 10 June 1938) is an Indian billionaire 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.[2] 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.[3]

Early life

He was born on 10 June 1938 and is the grandson of Indian independence fighter and philanthropist, Jamnalal Bajaj.[4]

Bajaj is an alumnus of Harvard Business School in the US, St. Stephen's College, Delhi, Government Law College, Mumbai and Cathedral and John Connon School.[5][6]

Career

He took over Bajaj Group in 1965.[7]

In 2005, Bajaj stepped down from his role as chairman, his son Rajiv became the Group's managing director. [8]

On the Forbes 2016 list of the world's billionaires, he was ranked #722 with a net worth of US$2.4 billion.[1]

Personal life

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.[9][10]

References

  1. ^ a b "The World's Billionaires (2016 ranking): #722 Rahul Bajaj". Forbes. 1 March 2016. Retrieved 3 January 2017.
  2. ^ http://www.hindu.com/businessline/2001/03/22/stories/14221861.htm [dead link]
  3. ^ "Interview with Rahul Bajaj". Creating Emerging Markets. Harvard Business School.
  4. ^ "Rahul Bajaj Story - Bio, Facts, Home, Family, Net Worth - Famous Chairmans- SuccessStory". successstory.com. Retrieved 5 July 2018.
  5. ^ "Alumni Achievement Awards – Rahul Bajaj, MBA 1964". Archived from the original on 13 November 2012. Retrieved 25 December 2012. {{cite web}}: Unknown parameter |deadurl= ignored (|url-status= suggested) (help)
  6. ^ "Birthday Special : The motivational businessman, Rahul Bajaj". Retrieved 6 July 2018.
  7. ^ "Rahul Bajaj, Bajaj Group". Outlook India. Retrieved 6 July 2018.
  8. ^ "Learning from emerging markets: An interview with Bajaj Auto's Rajiv Bajaj". McKinsey & Company. Retrieved 6 July 2018.
  9. ^ [1] Archived 13 October 2008 at the Wayback Machine
  10. ^ "LUNCH WITH BS: Manish Kejriwal". Business-standard.com. 11 November 2008. Archived from the original on 10 October 2012. Retrieved 28 January 2011. {{cite web}}: Unknown parameter |deadurl= ignored (|url-status= suggested) (help)