Raj Kundra is a renowned British-Indian businessman, born on 9th September 1975 in London, United Kingdom. Growing up in a humble family background, Raj’s father worked as a bus conductor in Ludhiana, Punjab. Nevertheless, Raj’s ambitions were lofty. At 18 years of age, he set off for Dubai to begin a series of business ventures that would propel him into becoming one of the leading businessmen both in India and Britain. By 2004, his success had earned him recognition as the 198th wealthiest person in Britain.
What is Raj Kundra’s Net Worth?
As of 2023, Raj Kundra boasts an impressive net worth of $350 million, which, when converted to Indian currency, amounts to 2610 Crore INR. A multi-faceted businessman, Raj’s interests span across a variety of domains, including owning companies like Groupco Developers, TMT Global, Vivaan Industries, and JL Stream Pvt Ltd. Notably, he is also a co-partner of the IPL team Rajasthan Royals. This kind of diversified business portfolio ensures a steady influx of income, reportedly amounting to 10 Crore monthly and a yearly accumulation of over 120 Crore.
Why was Raj Kundra Arrested?
2023 saw Kundra embroiled in controversy as he was arrested by the Mumbai Crime Branch, accused of creating and distributing explicit content. The allegations led to a media frenzy, with various reports indicating his significant investments in the alleged illicit business, with earnings reported to be around Rs 10 lakhs per day. The controversy became graver as financial transactions were disclosed, linking payments from associated accounts to Kundra’s.
Who are Raj Kundra’s Family and Relations?
Raj has lived a glamorous lifestyle. Since 2009, his marriage to Bollywood actress Shilpa Shetty has often been in the news, garnering much media coverage. Before meeting Shilpa he was married to Kavita Kundra for eighteen months; their subsequent divorce led to allegations and controversy; Kavita even accused Shilpa as being responsible for their divorce! Today Raj has three children: one from Kavita Kundra as well as son and daughter from Shilpa Shetty’s unions.
How did Raj Kundra Start his Career?
A true rags-to-riches story, Raj’s business acumen manifested early on. Venturing to Nepal, he delved into the business of pashmina shawls, supplying to major fashion houses in Britain. This success saw him return to Dubai, setting his sights on industries like precious stones, construction, mining, and green energy. Furthermore, he dabbled in Bollywood film production, further diversifying his impressive business portfolio.
Raj Kundra’s journey, from a small businessman to being a prominent figure in the British-Indian business world, has been both awe-inspiring and tumultuous. His life story, marked by towering successes and daunting controversies, serves as a testament to the unpredictable world of business and fame. As the future unfolds, one can only wait and watch the next chapters in Raj Kundra’s intriguing life.