#2664

Naresh Jain

India 91 years old Self-Made

Overview

Source of Wealth
Auto components
Industry
Automotive
Residence
Mumbai
Marital Status
Married
Children
2

Assets

  • Bajaj Auto
    1,370,000 shares @ -
    -
    532977-IN
  • Bajaj Finance
    10,000 shares @ -
    -
    500034-IN
  • Bajaj Finserv
    6,278,000 shares @ -
    -
    532978-IN
  • Bajaj Holdings & Investment Ltd.
    569,000 shares @ -
    -
    500490-IN
  • Endurance Technologies
    33,800,000 shares @ -
    -
    540153-IN
  • Varroc Engineering
    20,000,000 shares @ -
    -
    541578-IN

Biography

Naresh Jain is the former chairman of listed auto component companies, Endurance Group and Varroc Engineering, in which he holds stakes.

His twin sons, Anurang and Tarang, run Endurance and Varroc respectively.

Anurang Jain is a billionaire based on his holding in Endurance

Jain stepped down as chairman of both companies in 2020.

His wife Suman is the younger sister of late two-wheeler billionaire Rahul Bajaj.