Top unknown & interesting facts about Rahul Bajaj

Here are some of Rahul Bajaj’s lesser-known and fascinating facts.

Rahul Bajaj was an Indian millionaire entrepreneur, philanthropist, and Member of Parliament. Rahul Bajaj is a descendant of Jamnalal Bajaj’s and was the chairman of India’s most prominent conglomerate, the Bajaj Group. Here are a few facts about Rahul Bajaj that you may not be aware of.

1. Birth

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On June 10, 1938, Rahul Bajaj was born. He was born in a Marwari household, the son of an Indian freedom warrior named Jamnalal Bajaj.

2. Awards

Rahul Bajaj was awarded the Padma Bhushan, India’s highest civilian honour, in 2001.

3. Rahul Bajaj was interviewed at Harvard Business School

In an interview for a project called Creating Emerging Markets at Harvard Business School, Rahul Bajaj spoke at length on the marketing situation in India, and he harshly attacked the country’s industrial policies prior to liberalization in the 1990s.

4. Education

Bajaj attended Cathedral and John Connon Schools before attending Government Law College in Mumbai. He attended Harvard Business School in the United States as well as St. Stephen’s College in Delhi.

5. CEO of Bajaj Group

Rahul Bajaj inherited the Bajaj Group in 1965 and led it admirably until 2005. His son Rajiv succeeded him as Group Managing Director. He was only 30 years old when he became the CEO of Bajaj Auto.

6. Elected to the House of People

Rahul Bajaj served in the Parliament’s Upper House from 2006 until 2010.

7. Ranked 722nd on the list of the world’s wealthiest 

In 2019, his net worth is predicted to be $4.2 billion. Earlier in 2016, Forbes magazine rated him 722nd on its list of the world’s wealthiest.

8. His holdings in corporations

Rahul Bajaj’s wealth is mostly derived from the Bajaj Group, which his grandfather Jamnalal founded in 1926. He holds a big stake in Bajaj Auto, one of the world’s leading manufacturers of two-wheelers. The firm generated 247 billion rupees in sales in 2018.

Rahul Bajaj owns 10% of Bajaj Finserv, an insurance and consumer lending firm, and a 24% investment in Bajaj Holdings & Investment, a holding company that is part of the Bajaj Group. His other investments include a 2% share in Bajaj Finance, a 14% stock in Bajaj Electrical, a home appliance producer, and a 19% stake in Mukand, wire rods, alloy casting, and steel bar producer.

9. Bajaj Auto splits into 3 units

In 2008, he divided Bajaj Auto into three entities in order to increase shareholder earnings and give his sons Rajiv and Sanjiv more authority over the company’s operations.