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Grizzly Bulls’ Billionaires Index

⬅ # 628 Margarita Louis-Dreyfus|# 630 Sanjiv Bajaj ➡

# 629 Rajiv Bajaj 

$5.27B

Real Time Net Worth
as of 11/21/2024
$44.4M (0.84%)

# 629 Rajiv Bajaj 

$5.27B

Real Time Net Worth
as of 11/21/2024
$44.4M (0.84%)
OccupationManaging Director, Bajaj Auto
Source of WealthDiversified
Age57
ResidencePune, India
Marital StatusMarried
Children1
EducationBachelor of Engineering, Pune University; MS in Engineering, The University of Warwick
Age-Adjusted Net Worth$6.46B
Rajiv Bajaj
Rajiv Bajaj
India
Net worth: $5.27B

Self-Made Score 

TAG Heuer Formula 1 Automatic Chronograph

Biography

Overview

Rajiv Bajaj, born on December 21, 1966, is an Indian billionaire and the managing director of Bajaj Auto since 2005.
He's most renowned for steering Bajaj Auto, a part of the Bajaj Group, to global recognition, particularly through the introduction of the Pulsar range of motorcycles, which revitalized the company's fortunes.

Early Life and Education

Completed schooling at St Ursula High School in Akurdi, Pune.
Graduated with distinction in Mechanical Engineering from the University of Pune in 1988.
Obtained a master's in Manufacturing Systems Engineering with distinction from the University of Warwick in 1990.

Career

Joined Bajaj Auto in various capacities: Manufacturing & Supply Chain (1990–95), R&D and Engineering (1995-2000), Marketing and Sales (2000-2005).
Became Managing Director of Bajaj Auto in April 2005.
Instrumental in the company's strategic shifts and global expansions, leading to its status as the world's third-largest motorcycle manufacturer and India's second-largest.

Bajaj Auto and Group

Bajaj Auto Limited, a part of the Bajaj Group, is an Indian multinational automotive manufacturing company based in Pune.
Founded in 1945 as M/s Bachraj Trading Corporation Private Limited, it initially imported and sold two- and three-wheelers.
Shifted from scooters to motorcycles in 1986, becoming a major player in the two-wheeler market.
In 2007, acquired a significant stake in Austrian rival KTM, expanding its global presence.
Formed partnerships with Triumph Motorcycles Ltd to build mid-capacity motorcycles and invested in startups like Yulu for electric scooters.

History and Corporate Developments

In 1984, signed a technical assistance agreement with Kawasaki, enhancing production and sales.
In the early 2000s, acquired a controlling stake in Tempo Firodia company, later renamed Force Motors.
Split into three entities in 2008: Bajaj Finserv Limited, Bajaj Auto Ltd, and Bajaj Holdings and Investment Ltd.
In 2017, ended sales and services partnership with Kawasaki in India, focusing on KTM dealerships instead.

Rajiv Bajaj's Wealth is Equivalent to:

4,060,046 Herman Miller Aeron Chairs

Herman Miller Aeron Chair

997,919 Gold Bars (50 gram)

24K Solid 50g Gold Ingot

53,902 Tiny Homes

Tiny House, Two Bedroom Solar Prefab Home

How long would it take you to become as rich as Rajiv Bajaj?

If you started with $10,000 and invested an additional $500 each month at a 43.43% CAGR, it would take you 5 years to reach Rajiv Bajaj's net worth of $5.27B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 58.67% compared to 23.91% for the S&P 500 benchmark.

Enter data in all but one field below, then calculate the missing value

Rajiv Bajaj is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For Rajiv Bajaj, Diversified is the primary source. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

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Edited by: Lee Bailey