What is Kumar Birla Net Worth?
Kumar Birla Net Worth is US$ 16,500 Million as of January 2023.
Net Worth | US$ 16,500 Million |
Born: | June 14, 1967 (57 Years) |
Full Name | Kumar Mangalam Birla |
Gender | Male |
Height | 5′ 6″ |
Horoscope | Gemini |
Country of Origin | India |
Source of Wealth | Business |
Marital Status | Married |
Spouse | Neerja Birla (M., 1989) |
Children | Ananya, Aryaman, and Advaitesha Birla |
Famous For | Aditya Birla Group |
Table of Contents
Biography
Kumar Birla is a famous Indian businessman, philanthropist, and billionaire. He is the Chairman of Aditya Birla Group, a multinational conglomerate headquartered in India. It was founded in 1857 and operates in 36 countries around the world. Kumar Birla is the 106th wealthiest person in the world and the 9th wealthiest person in India as of 2022. He is the chancellor of the Birla Institute of Technology and Science, also known as BITS Pilani. Kumar Birla is also the Chairman of the Indian Institute of Management Ahmedabad (IIMA). He has an estimated net worth of US$ 16,500 Mn as of 2022.
Timeline
Early Life
Kumar Mangalam Birla was born in West Bengal, India, on June 14, 1967. He is the fourth generation member of the well-known Birla family. Kumar Mangalam Birla is the son of the famous industrialist Aditya Vikram Birla. He completed his high school studies at Sydenham College. Later, he completed his bachelor’s degree from the H.R. College of Commerce and Economics. In 1992, Kumar Birla was awarded a Master of Business Administration degree from the University of London. Kumar Birla is also a Chartered Accountant from India’s Institute of Chartered Accountants. He started his career by joining his family business in 1995.
Career
Kumar Birla started his career by joining his family business in 1995. After joining the family business, he consolidated all the companies of his family business under the Aditya Birla Group. In 2001, Hindustan Times honored Kumar Birla as the “Businessman of The Year.” In the same year, he was named as “Outstanding Business Man of the Year” by the National HRD Network. Later in 2003, Kumar Birla was named the “Business Man of the Year” by Business India and “Young Global Leader” by World Economic Forum. In 2004, he was awarded a D. Litt degree by the Banaras Hindu University.
Kumar Birla was honored with the “Ernst & Young Entrepreneur of the Year” award in 2005. Later in 2007, he was awarded the “Global Indian Leader of the Year” award by NDTV, followed by the “Asia Pacific Global HR Excellence – Exemplary Leader” award. In 2008, Kumar Birla received the “JRD Tata Corporate Leadership Award” from AIMA. The same year, he received a D. Litt degree from SRM University and an Honorary Doctor of Science from the Govind Ballabh Pant University of Technology and Agriculture.
Later in 2010, Kumar Birla was awarded the “Business Leader of the Year” by AIMA and the “CNN-IBN Indian of the Year” award. In 2011 he received the “GQ Business Leader of the Year” award from the Condé Nast India Pvt. Ltd. Kumar Birla received the “Entrepreneur of the Year” award from Forbes India Leadership Award in 2012. In the same year, he was named the “Most Inspiring Leader” by NDTV and the “Business Leader Award” for taking India abroad by CNBC TV18. Kumar Birla also won the “Global Business Leader Award” from NASSCOM in 2012.
He was awarded the Degree of Doctor of Science by the Visvesvaraya Technological University (VTU) in 2012. Kumar Birla received the ‘The Business Leader of the Year” award from The Economic Times in 2013. The same year, he was ranked as the 4th Most Powerful CEO among Corporate India’s Definitive Power posting of 100 CEOs by the Economic Times. Later in 2016, Kumar Birla was named the “CEO of the Year” by the International Advertising Association. In 2017, he was named as the “Outstanding Businessman of the Year” by CNBC TV18.
The same year, Kumar Birla received “The GIL Visionary Leadership Award” from Frost & Sullivan. He also won the Global Asian Award from ABLF and a Doctor of Philosophy degree from Amity University in 2019. In 2021, Kumar Birla received the “Global Entrepreneur Award” from The Indus Entrepreneurs. In 2023, he received the “Padma Vibhushan” award, the second-highest civilian award in India. Under Kumar Birla’s leadership, the Aditya Birla Group acquired various companies internationally and achieved remarkable success.
Kumar Birla Net Worth Growth
Kumar Birla has an estimated net worth of US$ 16,500 Million. Kumar Birla’s net worth has increased by US$ 7,000 Million compared to 2017. As a result, Kumar Birla’s net worth peaked in 2022 at US$ 16,500 Million.
Net Worth in 2022 | US$ 16,500 Million |
Net Worth in 2021 | US$ 12,800 Million |
Net Worth in 2020 | US$ 7,600 Million |
Net Worth in 2019 | US$ 11,100 Million |
Net Worth in 2018 | US$ 11,800 Million |
Net Worth in 2017 | US$ 9,500 Million |
Highlights
- Kumar Birla was awarded a Master of Business Administration degree from the University of London in 1992
- Kumar Birla started his career by joining his family business in 1995
- Kumar Birla received the “Padma Vibhushan” award, India’s second-highest civilian award.
Favorite Quotes from Kumar Birla
“I think a leader has many roles to play. So, you know, one role is that of incubating talent; the other is that of being a strategist. It’s a very interesting job I’ve got.”
– Kumar Birla
“The work environment is very important in determining how enjoyable work is. It is very important to work with smart guys who have a superior level of intellectual bandwidth and still have softer skills as well.”
– Kumar Birla
“Being a conglomerate, each of our businesses has a different challenge; business landscape is different for each business. It makes it challenging as well as exciting.”
– Kumar Birla
“First create jobs, and then provide skills to people.”
– Kumar Birla
“The one important factor that keeps me going is the kind of people I work with.”
– Kumar Birla
“Only when emotion is involved do you get angry and lose your temper. You could have different points of view, but as long as it is constructive dissent, it is fun.”
– Kumar Birla
“My father taught us that to thrive, excellence in technology, quality, and customer service along with cost competitiveness is a prerequisite. His contribution to business, the economy, and society at large can never be underscored enough.”
– Kumar Birla
Keys Life Lessons from Kumar Birla
We now know everything about Kumar Birla and his net worth. Let’s look at some of his lessons.
1. Education is Important in Life
We should educate ourselves in Life
2. Achieve more in Life
We should not settle for the achieved success and should strive for more
3. Overcome Challenges in Life
We should overcome challenges in life positively.
Frequently Asked Questions
Kumar Birla has an estimated net worth of around US$ 16,500 million as of 2022.
Kumar Birla lives in Mumbai, India.
Kumar Birla holds a Master of Business Administration from the University of London.
Summary
Kumar Birla is a renowned Indian businessman and billionaire. He is the Chairman of the Aditya Birla Group. The company is a multinational conglomerate headquartered in India and was founded in 1857. Kumar Birla was born in West Bengal, India, on June 14, 1967. He is the 106th wealthiest person in the world and the 9th wealthiest person in India as of 2022. Kumar Birla joined his family business in 1995, and under his leadership, the Aditya Birla Group has achieved remarkable success. He has been honored with various awards in his career. Kumar Birla has an estimated net worth of US$ 16,500 Mn.
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