#242

Bajaj brothers

India

Overview

Source of Wealth
diversified
Industry
Diversified
Residence
Mumbai

Assets

  • Bajaj Auto
    29,530,000 shares @ -
    -
    532977-IN
  • Bajaj Electricals
    36,800,000 shares @ -
    -
    500031-IN
  • Bajaj Finance
    9,830,000 shares @ -
    -
    500034-IN
  • Bajaj Finserv
    18,320,000 shares @ -
    -
    532978-IN
  • Bajaj Holdings & Investment Ltd.
    28,940,000 shares @ -
    -
    500490-IN
  • Hercules Hoists
    10,810,000 shares @ -
    -
    505720-IN
  • Mukand
    43,220,000 shares @ -
    -
    500460-IN

Biography

Three Bajaj siblings, Niraj, Madhur and Shekhar Bajaj, hail from the storied clan behind the 95-year-old Bajaj Group.

Chaired by their billionaire cousin Rahul Bajaj, the group is best known for motorcycle maker Bajaj Auto and financial services arm Bajaj Finserv.

Youngest sibling Niraj, a Harvard Business School grad, chairs Bajaj Auto, while the eldest Shekhar oversees Bajaj Electricals.

Madhur is vice chairman of Bajaj Auto and has board seats in other group firms.