Mumbai: Raj Kundra has had a close shave with controversies. A big man who has been associated with the Indian Premier League, the biggest T20 cricket league in the cricket world. He has been arrested by the police on Tuesday. Raj Kundra was the owner of IPL team Rajasthan Royals and was caught by the Mumbai Crime Branch and put behind bars.
Starting low as the son of a conductor Kundra is now a magnate but indulging in wrong practices. He fast became the richest man in London.
Raj Kundra is a big name in the business world, however, people in India know him as the husband of actress Shilpa Shetty more than businessman.
Raj Kundra himself had said in an interview a few years back, ‘My life in childhood was completely opposite to the life of luxury I am living today. Today I have more than one convoy of luxury cars, which was like a dream earlier.
Born in a middle class family, Raj was brought up with difficulties by his parents. Raj was born in London. His father Bal Krishna Kundra was from Ludhiana in Punjab and settled in London. There he became a bus conductor. Raj’s mother Usha Rani Kundra used to work as a shop assistant. Later Raj’s father opened a restaurant. When Raj turned 18, his father said, ‘Either run our restaurant or start your own business.’ Raj started his journey taking it seriously.
Raj Kundra is the owner of 2800 crores. Raj first went to Dubai with some money in his pocket. Met with diamond merchants, but things did not work out. Raj went to Nepal from there. Bought some pashmina shawls and started selling them through some branded stores in UK. As soon as this business grew, so soon the competition in it also increased. After this, Raj again went to Dubai to do diamond business. Since then he has never looked back and today he owns or holds stake in about 10 companies in different sectors.
Raj Kundra was ranked 198th in the list of the richest Asian British by a British magazine in 2004. Raj has also opened a restaurant in Mumbai in 2020. Before this, he has another restaurant which is quite famous in Mumbai. According to the information available on the internet, he has assets worth 2800 crores.