BillionaireNet
family
R
Rank #1220
INDIAdiversifiedDiversified

Rajan Raheja & family

Net Worth
$3.313B
-0.69% (24h)
Rajan Raheja, a prominent figure in the Indian business landscape, is the driving force behind the diversified Raheja Group. His estimated net worth is $3.5 billion. Raheja's wealth stems from a diversified portfolio including Exide Industries, a leading automotive battery manufacturer, and a significant stake in Hathway Cable, as well as ventures in cement, insurance, and media. Born in 1953, Raheja completed his Bachelor of Arts/Science degree from the University of Mumbai. He began his career in the construction industry, but after a family split, he independently built a separate diversified empire. Raheja's career is marked by strategic foresight, innovation, and a commitment to ethical business practices, reflecting a legacy of responsible entrepreneurship.

The Full Dossier

Early Life

Rajan Raheja was born in 1953, to Dr. Beharilal S. Raheja, in Mumbai. He comes from the Raheja family, a prominent name in Mumbai's real estate sector. He earned a Bachelor of Arts/Science degree from the University of Mumbai.

Rise to Success

Raheja's initial venture was in the construction business, but he later diversified into various sectors. After a family split, he built the Rajan Raheja Group. His key business ventures include Exide Industries, a leading battery manufacturer, and Hathway Cable. He also has interests in cement (Prism Johnson Ltd.), insurance (Raheja QBE General Insurance Company), and media (Outlook magazine).

Key Business Strategies

Raheja's strategy includes strategic diversification, focusing on key sectors like automotive, cable television, and insurance. He has shown an ability to identify and nurture key business assets that drive substantial growth. He has also shown an ability to collaborate and adapt to the evolving market. He sold Health and Glow in 2023.

Philanthropy

Beyond business, Rajan Raheja is involved in philanthropy, with a focus on education and healthcare. His contributions support various charitable causes aimed at community development.

Career Timeline

2023

Sold Health and Glow

Sold the retail chain to Radhakishan Damani.

1994

Acquired Exide Industries Ltd.

Bought a majority stake in the battery-maker Exide Industries Ltd.

1993

Acquired H&R Johnson (India)

Expanded into the building materials sector, acquiring the ceramic tile manufacturer.

1989

Board Member, Supreme Petrochem Ltd.

Joined as a board member in a joint venture with Supreme Industries Ltd.

1981

Founded R. Raheja Properties

Established a construction firm as part of his early ventures.

Philanthropic Impact

Education, Healthcare, Community DevelopmentNot specified

Raheja Foundation

Supports initiatives in education, healthcare, and community development

Wealth Trajectory