Success magazine ranks British Indian businessman Raj Kundra as the 198th wealthiest British Asian. Bal Krishan Kundra’s father was a middle-class businessman, and Usha Rani Kundra worked as a shop assistant when he was young.
Kundra has dabbled in a number of industries, including the cricket and MMA industries. Since 2009, he has been happily married to the Indian actress Shilpa Shetty. Raj Kundra has numerous business dealings with the Rajasthan Royals’ co-partner in the Indian Premier League. The Crime Branch of Mumbai has taken Raj Kundra into custody.
Raj Kundra‘s father was a Punjabi immigrant from Bathinda who worked as a bus conductor and later opened a small business in London. His mom was a retail employee. Kundra’s early years were spent in the British capital. Kundra moved to Dubai and then Nepal at the age of 18 to launch a business selling pashmina shawls to fashion retailers in Britain.
In 2007, he relocated to Dubai and established Essential General Trading LLC, a business that trades in precious metals and also works in construction, mining, and alternative energy. At the time, he also helped fund and produce Bollywood movies.
Raj Kundra Net Worth
|Net Worth (2022)||$350 Million|
|Net Worth In Indian Rupees||2610 Crore INR|
|Monthly Income And Salary||10 Crore +|
|Yearly Income||120 Crore +|
The estimated net worth of one of India’s most famous businessmen, Raj Kundra, is approximately $350 million (or about 2610 crore Indian Rupee), as reported by various online resources (including Wikipedia, Forbes, and IMDB). The 2021 estimate for Raj Kundra’s wealth is 26,100,000,000 Indian Rupees.
Earning 10 times more than Shilpa Shetty
A wedding between businessman Raj Kundra and actress Shilpa Shetty took place on November 22, 2009. The difference between Raj Kundra and Shilpa Shetty’s salaries is tenfold. There are rumors that Shilpa Shetty earns between 10 and 12 crores per year and has a net worth of around 150 crores. To put it another way, Raj Kundra makes over 100 crores, or ten times as much, as Shilpa Shetty does.
Raj Kundra Success
Raj Kundra achieved this success on his own merit. In Ludhiana, Punjab, where Raj Kundra grew up, his father drove a bus. He eventually left for London, where he set up shop. Originally from Landau, Raj Kundra moved to India at a young age. At the tender age of 18, Raj Kundra left for Dubai. Then he moved his pashmina shawl enterprise to Nepal.
Formerly, he supplied these shawls to every major British fashion house. Kundra moved his operations back to Dubai after finding success there. When it was active, this firm specialized in construction, mining, and green energy projects, as well as the production of precious stones. He then ventured into Bollywood film production.
Cricket’s IPL (Indian Premier League)
Using a Mauritius-based offshore company, Kundra and Shetty made an investment in the Rajasthan Royals of the Indian Premier League in 2009. Departments within the Indian government questioned the legitimacy of the investment. With respect to the 2013 Indian Premier League spot-fixing case, in which several players for the Rajasthan Royals were arrested.
Kundra was questioned by the Delhi Police in June 2013. However, in response to a right-to-information request, the Delhi Police have since cleared Kundra of any wrongdoing (RTI). A committee appointed by India’s highest court in July 2015 handed down the lifetime ban on cricket-related activity.
Kundra further refuted any involvement or attempts to appeal to India’s highest court. Raj Kundra’s business partner Umesh Goenka testified in court that he was coerced into testifying against Kundra in a betting case by the Delhi Police in order to avoid physical torture and charges under the Maharashtra Control of Organized Crime Act.
Raj Kundra’s first wife, Bollywood actress Shilpa Shetty, has made serious allegations against him. Shilpa’s husband Raj has now presented the evidence that proves she did not break into Kavita’s house. Raj Kundra has revealed that all of Kavita’s accusations against Shilpa were not only false.
but that Kavita had fabricated these accusations in exchange for financial compensation. Find out what Raj Kundra, Shilpa Shetty’s ex-husband, has to say about his ex and how his second wife, Shilpa, was exonerated by reading what he has to say about his ex and Shilpa.
This year, Kundra received the Champions of Change Award for his efforts with the Swachh Bharat Mission. Pranab Mukherjee, India’s ex-president, presented the prize on January 20, 2020, at Vigyan Bhavan in New Delhi.