Abhay Firodia
Abhay Firodia
Amit Verma
At a Glance
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Age69
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Earnings$ 1.09 Billion
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Source of earningsAutomobiles
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Marital StatusMarried
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Children4
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ResidencePune
Forbes India Lists
#91 India Rich List 2014
#93 India Rich List Rank 2013
Profile
The auto magnate who is the chairman of Force Motors, maker of vans, pick-up trucks, SUVs, ambulances and tractors, becomes a billionaire due to the rising value of his stakes in various Bajaj Group companies, including Bajaj Auto. These holdings, which form the bulk of his wealth, were acquired decades ago when the two families were business partners before they had a bitter fallout. Though the Bajaj clan recently sold its entire stake in Force Motors, Firodia is holding on to his Bajaj shares. His son Prasan runs the company.
Fast Fact: He's building a museum near Pune to showcase Jain history, philosophy and values.
