BillionaireNet
Bajaj
Niraj Bajaj
Rank #960
INDIAdiversifiedDiversified

Niraj Bajaj

Net Worth
$4.221B
-0.39% (24h)
Niraj Bajaj, born on October 10, 1954, is a prominent Indian industrialist, currently serving as the Chairman of Bajaj Auto. With a net worth of $4.4 billion, his wealth stems from diversified sources including manufacturing and finance within the Bajaj Group. He is also the Chairman and Managing Director of Mukand Limited and the Vice Chairman of Bajaj Holdings & Investment Limited (BHIL). His career spans over 35 years, marked by significant contributions to the business world and a commitment to philanthropy.

The Full Dossier

Early Life and Education

Niraj Bajaj was born on October 10, 1954. He attended the Cathedral and John Connon School in Mumbai. He pursued a Bachelor of Commerce degree from Sydenham College of Commerce & Economics, Mumbai, and later earned a Master of Business Administration (MBA) from Harvard Business School, Boston, USA.

Rise to Success

Niraj Bajaj is a key figure in the Bajaj Group, one of India's largest and most respected business houses. He joined the board of Bajaj Auto on September 9, 2006. He is currently serving as the Chairman of Bajaj Auto since May 1, 2021. Bajaj's career spans over 35 years. He is also the Chairman & Managing Director of Mukand Limited. In March 2023, Niraj Bajaj made headlines with the acquisition of a sea-facing apartment in Mumbai.

Key Business Strategies

Niraj Bajaj has been instrumental in the strategic direction of Bajaj Auto and other group companies. His focus has been on innovation and expansion, particularly in the automotive and financial sectors. He also focuses on investment and new business opportunities through Bajaj Holdings & Investment Limited (BHIL).

Philanthropy

Beyond his business achievements, Niraj Bajaj is involved in philanthropy, focusing on causes like education and healthcare. He and his wife Minal Bajaj support the Jamnalal Bajaj Foundation, which focuses on various developmental projects and initiatives aimed at uplifting marginalized communities. In 2024, the Bajaj Group committed Rs. 5,000 crore to social impact initiatives over 5 years, with a sharp focus on skill development, under 'Bajaj Beyond'.

Career Timeline

2023

Real Estate Investment

Purchased a luxurious sea-view triplex apartment in Mumbai.

2021

Chairman of Bajaj Auto

Became Chairman of Bajaj Auto.

2006

Joined Bajaj Auto Board

Joined the board of directors of Bajaj Auto.

1993

Global Leader for Tomorrow

Selected by the World Economic Forum.

Philanthropic Impact

Education and Healthcare$XB

Jamnalal Bajaj Foundation

Supports education, healthcare, and rural development.

Skill Development$XB

Bajaj Beyond

Focuses on skill development.

Women Empowerment$XB

Hamaara Sapna

Initiative to transform the lives of women living in the slums of Mumbai through education, empowerment, and skill development.

Wealth Trajectory