|Original Name||Raj Kundra Shetty|
|Raj Kundra Net Worth||$400 million (USD)|
One of India’s biggest business tycoons, Raj Kundra today boasts of a net worth of about INR 2400 crores or $400 million making him as one of the wealthiest businessmen in the world. He has a hand in multiple ventures in different industries and is a successful businessman.
Kundra is the 198th richest British Asian in the world and has a net worth of around $400 million .
Raj Kundra was born on the 9th of September 1975 into a Punjabi household in London. His parents were modest workers who migrated out of Ludhiana. His father Bal Krishnan was sent to London by his family in Punjab to earn some money to send back to India. Very few people know about Raj Kundra struggle life, he used to worked as a bus conductor in heart of the London, and before coming he own a small business. His mother contributed to the income by working as a shop assistant in an optical showroom.
Kundra left school at 18 and went backpacking around the world. The important moment in his career was when he went to Nepal and discovered Pashmina shawls, a beautiful textile piece made from the finest wool. He bought a few hundred of them and went back to London and attempted to sell them to British fashion houses like Christian Dior and Josephs. They were smitten by the product and Raj Kundra discovered a turnover of Euro 20 million in the first year of business just from the shawls.
When the Pashmina market started waning, Kundra jumped to diamond trading. Another business of his which has generated much profit is the Indian Premier League (IPL) team Rajasthan Royals. Before Kundra got on board the team had a valuation of $100 million. Today the team is worth almost $250 million.
Kundra has come close to bankruptcy on more than one occasion, and this prompted him to create multiple sources of income by creating new businesses in construction, renewable energy, media, cricket, Super Fight league and many more.
Kundra is married to actress Shilpa Shetty and their son Viaan was born in 2012.
Property and Cars
The Kundra’s own a seven house bedroom called Raj Mahal on St.George’s Hill in Surrey, where they are neighbours to Cliff Richards and Elton John. He also owns property in Dubai in the Burj Khalifa. The couple currently reside in an INR 24 crore apartment in Juhu. Kundra also owns several stylish fast cars, his favourite being the Lamborghini.