LeaderPortfolio
Shroff
Rajju Shroff
Rank #2740
INDIAManufacturingAgrochemicals

Rajju Shroff

Net Worth
$1.418B
0% (24h)
Rajju Shroff, born in 1933, is a 92-year-old Indian businessman renowned for founding UPL Limited in 1969. He transformed the company into one of the world's largest agrochemical firms, specializing in crop protection solutions. His source of wealth stems from his success in the Agrochemicals industry. Shroff's career is marked by pioneering achievements, including introducing red phosphorus production to India and leading UPL to become a global leader. He holds a Bachelor of Science in Chemistry from the University of Mumbai. Shroff is married and has three children. His net worth is estimated at $1.4 billion as of 2024.

The Full Dossier

Early Life

Rajju Shroff, whose given name is Rajnikant Devidas Shroff, was born in 1933 in Kutch, Gujarat, India, to an entrepreneurial family. From a young age, he displayed a keen interest in chemistry, which would later shape his career. He pursued a Bachelor of Science in Chemistry at the University of Mumbai.

Rise to Success

In 1969, Shroff founded UPL Limited (formerly United Phosphorus Limited). His leadership and innovative approach were pivotal in growing the company into a global agrochemical powerhouse. A key early achievement was pioneering the indigenous production of red phosphorus in India. This marked a significant advancement for the Indian chemical industry, setting the stage for UPL's future growth.

Key Business Strategies

Shroff's strategic vision included expanding UPL's product range beyond basic chemicals and creating innovative crop protection solutions. A major milestone was the 2018 acquisition of Arysta LifeScience for $4.2 billion, which significantly boosted UPL's global presence, making it one of the top players in the agrochemical sector. He served as Chairman and Managing Director of UPL for over 50 years before transitioning to Chairman Emeritus in December 2022.

Philanthropy

Shroff has been involved in various philanthropic initiatives through UPL. Further research is needed to quantify the exact amounts and specific programs undertaken.

Career Timeline

2021

Padma Bhushan

Awarded Padma Bhushan by the Government of India.

2018

Acquisition of Arysta LifeScience

UPL acquired Arysta LifeScience for $4.2 billion, significantly expanding its global presence.

1969

Pioneered Red Phosphorus Production

Introduced the manufacturing of red phosphorus to India, which provided a boost to the indigenous chemical industry.

1969

Founded UPL Limited

Established United Phosphorus Limited, which later became UPL Limited, a leading agrochemical company.

1957

Patent for Mercury Salts Production

Developed a novel process for manufacturing mercury salts in the U.K., receiving royalties for his innovation.

Philanthropic Impact

Environmental and Social Sustainability$XB

Undisclosed

UPL is involved in various sustainability initiatives, although exact amounts are not available.

Wealth Trajectory