Rahul Bajaj was born on Friday, 10 June 1938 (age 83 years at death) in Calcutta, British India (now Kolkata). He did his schooling from Cathedral and John Connon School, Mumbai. For further studies he went to St. Stephen’s College, Delhi, Government Law College, Mumbai and Harvard Business School, USA.
Rahul Bajaj in his youth
Contents
Physical Appearance
Height (Approx): 5′ 9″
Hair Color: Salt and Pepper
Eye colour: dark brown
Family
parents and siblings
Rahul Bajaj’s father Kamalnayan Bajaj was an Indian businessman and politician. His mother’s name was Savitri Bajaj. Rahul was the grandson of freedom fighter Jamnalal Bajaj. He has two younger siblings, a brother, Shishir Bajaj, and a sister, Suman Jain.
Rahul Bajaj’s father Kamalnayan Bajaj
Rahul Bajaj’s mother, Savitri Bajaj
Rahul Bajaj’s brother Shishir Bajaj
wife and children
In 1961, Rahul Bajaj married Rupa Bajaj. The couple had three children, two sons, Rajiv Bajaj and Sanjeev Bajaj, and a daughter, Sunaina Bajaj.
Rahul Bajaj with his wife Rupa Bajaj
Rahul Bajaj with his sons
Rahul Bajaj’s daughter Sunaina
Religion
He was a follower of Hindu religion.
Signature
Rahul Bajaj’s signature
livelihood
After completing his studies in 1965, Rahul Bajaj joined the Bajaj Group, a diversified business conglomerate founded by his grandfather Jamnalal Bajaj. He succeeded his father as Chairman and Managing Director of Bajaj Group in 1968. He oversaw the group’s flagship company, Bajaj Auto, whose revenues grew from Rs 7.5 crore to Rs 12,000 crore, with the company’s scooter, Bajaj Chetak, serving as the primary growth driver.
Bajaj Chetak
In 2005, he appointed his son Rajiv Bajaj as the managing director of Bajaj Group. In 2008, Rahul split Bajaj Auto into three companies to improve shareholder earnings and to give his sons, Rajiv and Sanjeev, greater control over the company’s operations. Rahul Bajaj owned 24% stake in Bajaj Holdings & Investments and 10% in insurance and consumer lending firm Bajaj Finserv. His other investments include a 2% stake in Bajaj Finance, a 14% stake in home appliance company Bajaj Electrical and a 19% stake in Mukand, a manufacturer of wire rods, alloy castings and steel bars.
award
- In 1964, he was awarded the Alumni Achievement Award by Harvard Business School for his MBA.
- In 2001, Rahul Bajaj was awarded the Padma Bhushan, India’s third highest civilian award.
- In 2017, Bajaj was honored with the CII President’s Award for Lifetime Achievement.
Rahul Bajaj receiving the award
net worth
His total wealth was 4.2 billion dollars.
Death
On 12 February 2022, Rahul Bajaj breathed his last after suffering from pneumonia in Pune at the age of 83. He had cancer and heart problems before his death.
Facts/General Knowledge
Categories: Biography
Source: vcmp.edu.vn