Raj Kundra is a British-Indian businessman, who was ranked as the 198th richest British Asian by Success. His business and investment interests have spanned the United Kingdom and India, covering a wide variety of domains including cricket, film production, mixed martial arts, equities, real estate, and hospitality. He had been arrested for a pornography scandal case and later released from jail after 2 months of imprisonment on furnishing a bond of ₹50,000. He had shifted to Dubai at the age of 18. He later moved to Nepal where he started a business selling pashmina shawls to fashion retailers in the UK. In 2007, he returned to Dubai and set up a company called Essential General Trading LLC which was involved in varied businesses including precious metals, construction, mining, and renewable energy projects. He eventually became involved in the financing of Bollywood films as well. In January 2012, he and Bollywood superstar Sanjay Dutt co-launched India’s first professional mixed martial arts fighting league which was named the Super Fight League. In 2015, he and another Bollywood superstar Akshay Kumar were among the promoters of an online and TV broadcast platform called Best Deal TV. In 2019, in recognition of his contribution to the Swachh Bharat Mission, a country-wide cleanliness/waste management campaign initiated by the Government of India in 2014, he was honored with the Champions of Change Award. Under another Government of India program, the Startup India initiative, he had planned the launch of India’s first live streaming social media app. It was tentatively titled Jaldi Live Stream and aimed to provide streamers with a new platform. His book titled, How Not to Make Money was published in 2013.
Raj Kundra Known For
- For his various investment interests, including cricket and mixed martial arts.
- Raj Kundra is a British-Indian businessman.
Who are Raj Kundra Parents?
Raj Kundra was born on 9th September 1975. His place of birth is in London, England, United Kingdom. His born name is Ripu Sudan Kundra. His nationality is British and his ethnicity is British-Indian. His father, Bal Krishan Kundra is a businessman and his mother, Usha Rani Kundra is a shop assistant. His dad was a Punjabi who migrated from Bathinda and became a bus conductor in London before running a small business. He also has a sister, Reena Kundra. He was born into a Hindu religious family.
How did Raj Kundra become a successful businessman?
- At the age of 18, Kundra relocated to Dubai and later Nepal and started a business selling pashmina shawls to fashion retailers in Britain and made his first millions.
- In 2007, he moved to Dubai and set up Essential General Trading LLC, a company dealing in precious metals, construction, mining, and renewable energy projects.
- He was also at that time involved in the financing and production of Bollywood films.
- Businessman Raj Kundra is associated with Adult Film and Media which was involved with production and distribution and Iconic Investments with his partner Bharat Kharat from Vapi, Gujarat, a private fund trading in equity markets.
- His other ventures included Satyug Gold, Super Fight League, and more recently Bastian Hospitality a restaurant chain in Mumbai.
- He was among the promoters of the online and television broadcast platform Best Deal TV, an Indian television home shopping channel capitalizing on celebrity endorsements in the year 2015.
- Under the government of India’s Startup India initiative, he is set to launch India’s first live streaming social media app, Jaldi Live Stream App which will allow professional as well as amateur streamers to live stream their content.
- Kundra along with Shetty invested in the Indian Premier League cricket team Rajasthan Royals using an offshore company based in Mauritius in 2009.
- In June 2013, he was questioned by Delhi Police with regard to the 2013 Indian Premier League spot-fixing case.
- Later, Kundra denied the involvement and appeal to the Supreme Court of India.
- Umesh Goenka, a business partner of Raj Kundra claimed in a court that he was forced to implicate Kundra in betting by Delhi Police to save himself from physical torture and from being charged under the Maharashtra Control of Organised Crime Act.
- Besides this, Kundra and Bollywood star Sanjay Dutt launched India’s first professional mixed martial arts fighting league, the Super Fight League, on 16 January 2012.
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Awards and Achievements
Awarded the Champions of Change Award in 2019, for his involvement with the Swachh Bharat Mission which was conferred by former President of India Pranab Mukherjee at Vigyan Bhavan New Delhi on 20 January 2020
How Rich is Raj Kundra?
Raj Kundra is one of the most successful businessmen in the country. As of 2022, the net worth of Raj Kundra is estimated to have $350 Million (2610 Crore INR). His source of wealth comes from his profession i.e. business. His monthly income is more than 10 crore. He is living a lavish lifestyle at present. In 2004, Raj Kundra has achieved the feat of 198th richest person in Britain. Apart from mixed martial arts, Raj Kundra is the owner of many companies. This includes companies like Groupco Developers, TMT Global, Vivaan Industries, and JL Stream Pvt Ltd. Apart from this, Raj Kundra is also a co-partner of the IPL team Rajasthan Royals. He had invested Rs 10 crore in this business and earned Rs 10 lakhs per day as per media reports.
Who is Raj Kundra married to?
Raj Kundra is a married man. He has been married twice till now. Firstly, he married Kavita Kundra, with whom he had a daughter. The couple later divorced. On 22nd November 2009, he married Bollywood actress Shilpa Shetty for the second time. Kundra and Shetty have a son (Viaan Raj Kundra), born on 21 May 2012, and a daughter (Samisha Shetty Kundra), born through surrogacy on 15 February 2020. He is involved with his wife’s charitable organization, the Shilpa Shetty Foundation. Today, Kundra and Shetty are enjoying their present life a lot. His sexual orientation is straight.
What is Raj Kundra Height?
Raj Kundra stands at the height of 5 feet 10 inches or 1.78 m. His body weight consists of 75 kg or 165.5 lbs. His hair color is black and he has a pair of dark brown eyes. He has an affable smile with a rugged beard. His bodybuild is athletic.
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