Subhash Runwal

Last updated

Subhash Runwal is an Indian real estate entrepreneur, founder and chairman of Runwal Group. He has a net worth of 1 billion dollars. [1] Mumbai property tycoon Subhash Runwal chairs the Runwal Group, known for building homes in the city and its suburbs It also owns several malls and counts the Singapore government's GIC as a key investor in that business. A trained accountant, Runwal was born in a small town in Maharashtra and migrated to Mumbai at age 21. He worked as an accountant for nearly a decade before taking the plunge into real estate in 1978.

Contents

Early life

Subhash Runwal was born on 25 May in a Marwadi Jain Family and was one of the five siblings, he left the town of Dhulia and went to study commerce in Pune city. After graduating in commerce, he decided to do his chartered accountancy and moved to Mumbai with less than $2 in his pocket at age 21. [2]

Runwal Group

Subhash Runwal founded his real estate business Runwal Group in 1978 and purchased a 22 acres plot in central suburb of Mumbai. [3]

Awards

Associations

Subhash serves as president of Jain International Trade Organisation, president of Bharat Jain Mahamandal and treasurer of World Jain. He is trustee of the Mahavir Foundation and Subhash Runwal Education Foundation. [5]

Family

Subhash is married to Chanda and has two sons Sandeep, and Subodh and one daughter Sangeeta. His sons Sandeep Runwal and Subodh Runwal are now working with him in his real estate business. [6]

Related Research Articles

<span class="mw-page-title-main">The Times Group</span> Mass media conglomerate in India

Bennett Coleman and Company Limited is an Indian media conglomerate headquartered in Mumbai, Maharashtra. The company, which is a family-owned business, publishes The Times of India newspaper, which is the highest selling daily English-language newspaper in India, in addition to several radio stations, television channels such as Times Now, the film magazine Filmfare, and the women's magazine Femina. The Sahu Jain family continues to own a majority of the stake in the group, and in May 2023 the Times Group was split into two separate business entities between brothers Vineet Jain and Samir Jain, such that its radio and broadcast properties would remain with Vineet Jain and its print properties would be under Samir Jain.

<span class="mw-page-title-main">Mukesh Ambani</span> Indian billionaire businessman (born 1957)

Mukesh Dhirubhai Ambani is an Indian billionaire businessman who is the chairman and managing director of Reliance Industries. He is the richest person in Asia and 9th richest in the world.

<span class="mw-page-title-main">Dilip Shanghvi</span> Indian Businessman

Dilip Shanghvi is an Indian billionaire businessman. As the founder of Sun Pharmaceuticals, he is one of the country's richest people. The Government of India awarded him the civilian honor of the Padma Shri in 2016. India Today magazine ranked him 8th in India's most powerful people of 2017 list.

<span class="mw-page-title-main">Ajay Piramal</span> Indian businessman

Ajay Gopikisan Piramal is an Indian billionaire businessman, and the chairman of the Piramal Group, a conglomerate with interests in pharmaceutical, financial services, real estate, healthcare analytics and glass packaging. As of July 2024, his net worth is estimated at US$2.8 billion.

<span class="mw-page-title-main">Pallonji Mistry</span> Indian-born Irish billionaire businessman (1929–2022)

Pallonji Shapoorji Mistry was an Indian-born Irish billionaire businessman. He was chairman of the Shapoorji Pallonji Group and a major shareholder of India's largest private conglomerate, Tata Group.

The Godrej family is an Indian Gujarati Parsi family that largely owns and manages Godrej Group, a conglomerate founded by Ardeshir Godrej and his brother Pirojsha Burjorji Godrej in 1897. The family operates in various sectors, including real estate, consumer products, industrial engineering, appliances, furniture, security, and agricultural products. The family, led by Adi Godrej alongside his brother Nadir Godrej and their cousin Jamshyd Godrej, is among the richest in India, with an estimated net worth of US$16.7 billion as of 2023.

<span class="mw-page-title-main">Subhash Chandra</span> Indian billionaire media baron

Subhash Chandra Goenka is an Indian billionaire media baron. He is the chairman of the Essel Group, an Indian media conglomerate and founded Zee TV in 1992. He was also the chairman of Zee Media but resigned as Director and Non-Executive Chairman of the company on 24 May 2016. He was elected to the Upper House of the Indian parliament for the Haryana state in the 2016 Rajya Sabha election, as an independent candidate supported by legislators from the Bharatiya Janata Party.

<span class="mw-page-title-main">Kushal Pal Singh</span> Indian real estate mogul

Kushal Pal Singh is an Indian billionaire real estate developer, and the chairman and CEO of real estate developer DLF Limited, founded by his father-in-law Chaudhary Raghvender Singh. DLF holds an estimated 10,255 acres (42 km2) of land, with about 3,000 acres (12 km2) in Gurugram, called DLF City.

<span class="mw-page-title-main">Anand Jain</span> Indian business executive (born 1957)

Anand Jain is an Indian business executive. He is the Chairman of Jai Corp. Limited.

<span class="mw-page-title-main">Gautam Adani</span> Indian billionaire businessman (born 1962)

Gautam Shantilal Adani is an Indian billionaire businessman who is the founder and chairman of the Adani Group, a multinational conglomerate involved in port development and operations in India. As of 21 November 2024, Adani is ranked second richest person in Asia and 25th in the world, with a net worth of $60 billion. In 2022, Time magazine included him in the 100 most influential people in the world.

Srichand Parmanand Hinduja was an Indian-born British billionaire businessman. He was the primary shareholder and chairman of Hinduja Group of companies, together with his brother Gopichand.

<span class="mw-page-title-main">Mangal Lodha</span> Indian businessman and politician (born 1955)

Mangal Prabhat Lodha is an Indian billionaire businessman and politician. He is the minister of the Ministry of Tourism and of the Ministry of Skill Development and Entrepreneurship (Maharashtra). He was the president of Bharatiya Janata Party's Mumbai unit. He is the founder of the Macrotech Developers, a Mumbai-based real estate developer. He is also the Member of the Legislative Assembly representing the Malabar Hill constituency of South Mumbai. According to Forbes, as of June 2024, he is ranked as the 14th richest person in India, with a net worth of about US$13.5 Billion.

Ashwin Suryakant Dani was an Indian billionaire, businessman, and the non-executive chairman of Asian Paints Ltd, India's largest paint company. He was the vice chairman and managing director from December 1998 to March 2009. Ashwin was among the top 50 richest Indians.

Niranjan Hiranandani is an Indian billionaire businessman, co-founder and managing director of Hiranandani Group, engaged in real estate business. He is ranked by Forbes among the 100 richest Indians, with a net worth of US$1.6 billion as of June 2021.

Surendra Hiranandani is an Indian-born entrepreneur, co-founder and managing director of Hiranandani Group, which engages in real estate business. In 2018, he renounced his Indian citizenship and became a citizen of Cyprus. Surendra is ranked in the Forbes global billionaires list with a net worth of US$1.3 billion as of 2018.

<span class="mw-page-title-main">Bhavin Turakhia</span> Indian businessman

Bhavin Turakhia, is an entrepreneur, and the founder of Titan, Flock, Radix, CodeChef, and Zeta. In 2016, Bhavin, a billionaire, was ranked as the 95th richest person in India, along with his brother Divyank Turakhia, according to Forbes. He was a 2011 Young Global Leader by the World Economic Forum.

<span class="mw-page-title-main">Chandru Raheja</span> Indian businessman and billionaire

Chandru Lachmandas Raheja is an Indian billionaire businessman, and the chairman of K Raheja Corp which is involved in developing IT parks, hotels, malls, and running department store chains including Shoppers Stop.

<span class="mw-page-title-main">Punit Goenka</span> Managing director and CEO of Zee Entertainment Enterprises

Punit Goenka is the managing director and chief executive officer of Zee Entertainment Enterprises. Goenka is the elder son of Essel Group Chairman Subhash Chandra. Goenka grew up and studied in several and Mumbai—before moving to Institut Le Rosey, a boarding school in Rolle, Switzerland. He was elected as the President of Indian Broadcasting Foundation (IBF) in the September, 2016 for a period of one year. He holds a bachelor's degree, B.Com from University of Mumbai 1995.

Nirmal Jain is an Indian billionaire businessman. He is the founder and chairman of India Infoline (IIFL) Group, a financial conglomerate. IIFL and its group companies are backed by Canadian investor Prem Watsa, private equity firm General Atlantic and CDC Group, the UK Government's private equity arm.

References

  1. ↑ "Subhash Runwal - The Worlds Billionaires". Forbes. Retrieved 4 March 2015.
  2. ↑ "India's Newest Billionaire, Subhash Runwal, Built A Property Empire From Nothing". Forbes. Retrieved 4 March 2015.
  3. ↑ "Runwal Group". The Economic Times. Archived from the original on 31 December 2013. Retrieved 4 March 2015.
  4. ↑ "A reason to rejoice". Times of India. Archived from the original on 2 April 2015. Retrieved 4 March 2015.
  5. ↑ "Subhash S. Runwal". Bloomberg. Retrieved 4 March 2015.
  6. ↑ "Father, Son & Co". Business World. Retrieved 4 March 2015.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.