KP Singh is an Indian businessman and realtor. He is the honorary chairman of Delhi Land and Finance (DLF) real estate company. Singh is one of the country’s most successful and influential business leaders, known for his pioneering role in transforming the Indian real estate market and taking DLF to great heights of success.
Contents
Wiki/Biography
Kushal Pal Singh Tewatia was born on Sunday, 15 November 1931 (age 91 years; as of 2022) in Bulandshahr, United Province, British India (now in Uttar Pradesh, India). After completing his schooling in Bulandshahr, Kushal Pal earned a Bachelor of Science degree from Meerut College, Uttar Pradesh. Kushal later moved to the United Kingdom, where he studied aeronautical engineering.
Physical Appearance
Hair Colour: Gray (semi-bald)
Eye colour: black
Family
parents and siblings
His father, Chaudhary Mukhtar Singh, was a distinguished lawyer in Bulandshahr, United Province, British India (now in Uttar Pradesh, India).
wife and children
Kushal Pal Singh was married to Indira Singh, daughter of DLF founder Raghavendra Singh.
An old picture of KP Singh and Indira Singh
Kushal has three children, a son, Rajeev Singh (vice-chairman of DLF), and two daughters, Renuka Talwar and Piya Singh (non-executive director of DLF). Singh lost his wife to cancer in 2018.
KP Singh with his family – seated (left to right): Savitri and Anushka (granddaughter), KP Singh, Tara (granddaughter), Indira Singh (wife), Jai and Rahul (grandson); Standing (left to right): Timmy Sarna (son-in-law), Piya and Renuka (daughters), Kavita (daughter-in-law), Rajiv Singh (son), and Rana Talwar (son-in-law)
relationships/affairs
Leo’s young love in England
KP Singh’s father Mukhtar Singh wanted him to become an aviation ground engineer for which he sent him to England, where he met Julie. Kushal managed to fit into the upper-class society in England and became friends with his classmate Julie, who was from a different social class.
Julie
KP Singh and Julie dancing
finding love at 91
KP Singh, in an interview, talked about suffering from loneliness and sadness after losing his wife Indira Singh in 2018. In 2023, he revealed that he got a girl named Sheena as his partner, who helps him to stay energetic, positive. It’s been going on all day. Talking about finding new friends and partners in an interview, KP Singh said,
Her name is Sheena. He is now one of the best people in my life. He is very energetic. She keeps me on my feet. She has many wonderful friends around the world, so I go with them. She always inspires me. Whenever I feel down she pushes me up. He is an important part of my life.
livelihood
Indian Army
After pursuing aeronautical engineering in the UK, Singh sat for the Indian Military Academy Entrance Examination in England and was later selected into the Indian Army by the British Officer Services Selection Board, UK. He was commissioned into The Deccan Horse (9th Horse) as a Second Lieutenant in 1951. Singh was later promoted to the rank of Captain, in which position he served until 1960.
KP Singh (far left) in the Indian Army’s cavalry, along with others
DLF
In 1960, Kushal Pal Singh joined the American Universal Electrical Company, which later merged with the real estate company DLF, which was founded by his father-in-law in 1946. After the merger, Kushal joined DLF as its managing director. Joined. Singh later built DLF City in Gurgaon (now known as Gurugram) by acquiring land from farmers. On 1 October 2013, he was appointed as the Director of DLF. Later, he was appointed as the chairman of the company; He retired from the post on 4 June 2020. During his leadership, he built various earthquake-resistant infrastructure in Gurgaon, including offices, shopping malls and other leisure facilities. In 2007, under Singh’s leadership, the company launched an initial public offering (IPO), raising approximately US$2.24 billion, marking it as one of the most prominent IPOs in India.
Controversy
Listed in Panama Papers
In April 2016, KP Singh and his family members including Rajeev Singh (son), Indira Singh (wife), and Piya Singh (daughter) were listed in the Panama Papers, which were maintained by a Panamanian corporate service provider. There was a set of 11.5 million confidential documents. Mossack Fonseca. According to reports, Kushal Pal was linked to an offshore company registered in the British Virgin Islands, which was allegedly used for property investments in London. According to Mossack Fonseca, Kushal had registered himself as a politically exposed person and had purchased several shares in a company called Wilder Limited along with his wife. According to leaked reports, his son and daughter set up two more offshore companies in the British Virgin Islands. It is estimated that both Singh and his wife bought shares worth $676,400 and $714,400 respectively. Responding to the allegations against him, Kushal said that offshore investment has not violated the guidelines issued by RBI. Talking about this, Kushal said in an interview,
It is submitted that the RBI’s permissible methodology for remittance of funds under the LRS limit permitted each year allows a resident Indian to first open a bank account in a foreign bank and then remit funds therein. Remittances began in 2004 after the announcement of LRS by the RBI, the volume of remittances was within the prescribed limit, and was done through authorized dealers.
An excerpt from the report leaked by Mossack Fonseca
Awards and Honors
- In 2000, he received the Samman Patra Award by the Government of India for being one of the top taxpayers of Delhi.
- Kushal Pal was honored with a special award at the Indian of the Year ceremony by NDTV in New Delhi on 17 January 2008 for his contribution to the development of the Indian economy.
- He was awarded the Padma Bhushan, India’s third highest civilian award, by the Government of India on 26 January 2010.
- On 4 October 2010, in recognition of his valuable contribution for 20 years as Honorary Consul General of Monaco in Delhi, he was awarded the Officer of the Order of St Charles by HSH Prince Albert II.
- In 2011, he received the ‘Entrepreneur of the Year’ award at The Asian Awards event.
- He is a recipient of the Delhi Ratna Award, presented by the Bharat Manch for his valuable contribution to the development of the city.
- He was awarded an honorary doctorate by GB Pant University of Agriculture and Technology (GBPUAT), Uttarakhand. For his achievements he has been honored by various institutions including the Indian Business School, Indian Institute of Management and Indian Institute of Technology.
net worth
In 2023, his net worth was estimated to be Rs. 66,000 crores.
Facts/General Knowledge
- Singh became interested in horse riding in his youth. He used to visit his uncle, who was in charge of the stables at the Viceregal Lodge, now Rashtrapati Bhavan.
- Singh said in an interview that while he was playing polo in Windsor, United Kingdom, an army officer convinced him to join the Indian Army.
- Kushal Pal wrote his autobiography ‘Whatever the Odds: The Incredible Story Behind DLF’, which was published in 2011.
- In his autobiography, Singh talked about his days at the Indian Military Academy and revealed that he wanted to run away from there. She said she told this to a friend named Julie, who lives in England, through a letter which she dropped in the letter box at the campus post office. A few hours after posting the letter, he was called by the battalion commander, Lieutenant Colonel Baljit Singh, who already knew that Kushal Pal did not want to continue at the academy. During a conversation about the case, Kushal Pal tells Baljeet Singh about his plan to go to Dehradun railway station; However, Baljit Singh, who was worried about the possibility of Kushal being arrested at the Dehradun railway station, suggested another escape route from the academy and asked him to help him reach the railway station in Haridwar from where he could take a train. Can. Train to Delhi without stopping anyone.
- KP Singh is fond of golf and art collecting.
- He was ranked as the richest real estate magnate and eighth richest person in the world by Forbes in its March 2008 edition with a net worth of US$30 billion.
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Categories: Biography
Source: vcmp.edu.vn