Rahul Bajaj 

Rahul Bajaj

Rahul Bajaj, Chairman of Bajaj Auto
Born August 19, 1950 (1950-08-19) (age 58)
Mumbai, India
Residence Flag of India Mumbai, India
Nationality Indian
Occupation Chairman, Managing Director of Bajaj Auto
Net worth US$1.1 billion (as of May 2008 1)
Spouse(s) Bajaj

Rahul Bajaj is a prominent Indian businessman. He comes from the business house started by Jamnalal Bajaj. The US$ 1.32 Billion Bajaj Auto is his flagship company. He was awarded the Padma Bhushan in 2001.

His net worth is estimated to be at US$ 1.1 Billion. He was listed twentieth on the Forbes India's Richest 40 list of people.

Contents

Early life

He is an alumnus of Harvard Business School, St. Stephen's College, Delhi and Cathedral and John Connon School.

He has one brother, Shishir Bajaj, with whom there was a recent business disagreement and settlement.

Career

The dispute with Shishir was over Shishir's share of the business, an in principle agreement was made between the two camps in the year 2003, but the steps agreed upon have not been completed, leading to another dispute and battle in the press between the two camps in early 2007.[1], [2]

Political career

He was recently (June 2006) elected to the Rajya Sabha from Maharashtra, with cross party support from the BJP, Shiv Sena and NCP.

==Personal life== His sons Rajiv Bajaj and Sanjiv Bajaj are involved in the management of his companies. He has one daughter, Ashwarya Kejriwal, who broke away from the family because she is said to have said that her father's business is corrupt. She later married Manish Kejriwal, against her father's will. Manish Kejriwal is the biggest rival of Rahul Bajaj.

References

  1. ^ The World's Billionaires - Forbes Magazine

External links

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