Home FEATURED NEWS Who is 99-year-old Keshub, India’s oldest billionaire and Anand Mahindra’s uncle

Who is 99-year-old Keshub, India’s oldest billionaire and Anand Mahindra’s uncle

0

[ad_1]

Keshub Mahindra, 99, is India’s oldest billionaire, as per the lately revealed Forbes listing of the world’s wealthiest. The chairman emeritus of Mahindra & Mahindra group figures among the many 169 different Indian billionaires who made it to the world’s richest listing in 2023. With a internet value of $1.2 billion, Keshub had earlier misplaced his place on the coveted listing.


Keshub can also be the chairman emeritus of Mahindra & Mahindra Group. (firm web site)


Notably, the world’s oldest billionaire is 101-year-old insurance coverage magnate George Joseph with a internet value of $1.3 billion. The 2023 listing was 150 new faces, together with Zerodha founder brothers Nithin and Nikhil Kamath.

Also learn | Forbes’ billionaire list 2023: Elon Musk loses top spot to Bernard Arnault

Who is Keshub Mahindra:

  1. Born on October 9, 1923 in Shimla, Keshub accomplished his commencement from Wharton on the University of Pennsylvania, USA.
  2. Co-founded by Keshub’s father J C Mahindra in 1945, he joined the Mahindra firm in 1947 and assumed the chairman position in 1963. He reworked the corporate from an assembler of Willys jeeps in India to a diversified conglomerate.
  3. Keshub, who retired in 2012 after heading the Mahindra Group for 48 years, is Anand Mahindra’s uncle. Anand, whose internet value is $2 billion, is now main the corporate.
  4. A famend philanthropist, Keshub is understood to have had a detailed affiliation with KC Mahindra Education Trust, which grants scholarships throughout classes.
  5. The Centre had chosen Keshub to be a part of a number of committees together with the Sachar Commission on Company Law & MRTP and the Central Advisory Council of Industries. From 2004 to 2010, the billionaire served as a member of the Prime Minister’s Council on Trade & Industry in New Delhi. Various boards in each the personal and public area, together with SAIL, Tata Steel, Tata Chemicals, Indian Hotels, IFC, and ICICI have additionally seen Keshub’s participation.
  6. According to the corporate’s website, Apex Advisory Council of ASSOCHAM member and the President Emeritus of the Employers’ Federation of India are among the many different key positions held by Keshub. Keshub additionally based HUDCO (Housing and Urban Development Corporation Limited); was the vice chairman of Housing Development Finance Corporation Ltd.; chairman of Mahindra Ugine Steel Co. Ltd.; director of Bombay Dyeing & Manufacturing Co. Ltd.; and director of Bombay Burmah Trading Corporation Limited.
  7. He acquired the Chevalier de l’Ordre National de la Legion d’honneur from the French authorities for his contributions to the business.


[adinserter block=”4″]

[ad_2]

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here