Chandru Raheja net worth
Current Net Worth – $3.7 Billion (USD – 370 Crores), (Rupees – 28.6 Thousand Crores)
Chandru Raheja short biography
| Net Worth | $3.7 Billion |
|---|---|
| Born | 1941 (Age – 80) |
| Identified as | Chairman of K Raheja Corp |
| Status | Indian Businessman |
| Education | Bombay University, LLB |
| Nationality | Indian |
| Residence | Mumbai, India |
| Spousal status | Married (Jyoti C. Raheja) |
| Children | 2 |
Chandru Raheja has a net worth of $3.7 Billion (Rupees – 28,656 Crores), making him one of India’s Top 100 Richest men.
He is the chairman of K Raheja Corp, a company that develops hotels, malls, and IT parks, and operates departmental store chains such as Shoppers Stop.
Chandru Raheja, one of four children, struck out on his own in 1996 after his family’s real estate empire fell apart.
After the family companies were divided in 1996, Raheja has led his company to diversify into new business ventures.
Shoppers Stop a publicly-traded department store chain, malls, IT parks, and hotels, are all located in Raheja.
Raheja listed his Chalet Hotels, which operates several hotels including the Westin in Hyderabad and the J.W. Marriott in Mumbai, in February 2019.
His privately owned K. Raheja Corp., which is run by his sons Ravi and Neel, is now one of Mumbai’s leading developers.
Just a fact
Rajan Raheja, his nephew, is also a billionaire.
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Chandru Raheja biography
| Full Name | Chandru Raheja |
| Birthplace | Mumbai, Maharashtra |
| Height | 5.9 feet, 175 cm |
| Weight | 50 Kg |
| Father | Lachmandas Raheja |
| Mother | N/A |
Chandru Raheja, the son of Lachmandas Raheja, was born in 1941 and has four siblings.
Education
He graduated from the University of Mumbai with a bachelor’s degree in law.
Career
K Raheja Corp had made significant strides in the residential and commercial real estate sectors, as well as branching out into other areas, under Raheja’s leadership. K Raheja Corp grew into mall construction in 2004 with the department store chain Shoppers Stop, which was established in 1991 under the banner of K Raheja Corp.
In 1996, Raheja founded his own real estate company, Shoppers Stop Ltd, which was split into three groups: Chandru Raheja, the chairman of K Raheja Corp Gopal Raheja, chairman of K Raheja Constructions, and Suresh Raheja, chairman of K Raheja Universal.
He supported K Raheja Corp in the creation of the Mindspace brand, which was committed to the acquisition of land for the construction of IT parks.
According to Harish Damodaran’s book India’s New Capitalists: Caste, Company, and Industry in a Modern Nation, K Raheja Corp, which is owned by Raheja, has emerged as the largest business of the various organizations created after the break.
Apart from expanding the company, Raheja has been active in sustainability through the Mindspace brand of green buildings.
Raheja co-owned commercial properties with private equity company Blackstone and listed them under the Mindspace Business Parks REIT in August 2020.
Private & early life
Raheja is married to Jyoti C. Raheja, and the couple lives in Mumbai with their two children, Ravi and Neel. K Raheja Corporation’s company leaders are Ravi and Neel Raheja.
Net worth statistics
- March 2011 – $1.9 B
- March 2012 – $1.7 B
- March 2013 – $1.8 B
- March 2014 – $1.9 B
- March 2015 – $2.2 B
- March 2016 – $2.0 B
- March 2017 – $2.5 B
- March 2018 – $2.8 B
- March 2019 – $2.9 B
- April 2020 – $2.7 B
- April 2021 – $2.9 B
- April 2022 – $3.6 B
