Chairman and CEO of Aditya Birla Group
Net worth – $7.8 billions (2017)
Kumar Birla was born in 1967 in Rajasthan and hails from a family that has some of the richest history in all of India. The family line originally began only a few generations ago and stems from a long line of wealthy businessmen. Throughout his childhood, Kumar would travel from place to place but mainly residing in Kolkata and Mumbai. From an early age he wanted to continue his family’s line of work by majoring in accounting. He went on to receive a Bachelor of Commerce from the University of Bombay in Chartered Accounting and then proceeded to obtain an MBA from London Business School.
Kumar Birla’s father, Aditya Birla, was the Chairman and CEO of the multi-billion dollar company Aditya Birla Group which is one of the biggest conglomerate groups in all of India. Sadly, Kumar’s father passed away suddenly in 1995 when Kumar was only 28 years old. Kumar would then take over the company and while fellow members of the board had their worries about Kumar, he has since turned the $2 Billion company into a $40 Billion one. With his skills as a business man and all around effective leader, Kumar began expanding the company to earn revenue abroad, by expanding business to countries like Thailand and Egypt. Because of his outstanding skills, he turned his father’s business into the third largest group in India.
Just recently, Kumar Birla has been elected as the new Chairman of the Board of Governors in Delhi.