Rajan Raheja
Rajan Raheja
At a Glance
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Age60
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Earnings$ 2.45 Billion
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Source of earningsDiversified
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Marital StatusMarried
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Children2
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ResidenceMumbai
Forbes India Lists
#33 India Rich List 2014
#39 India Rich List Rank 2013
Profile
Low-profile member of the sprawling Raheja property clan built a separate diversified empire that includes interests in cement, tiles and batteries. A revival in the auto sector recharged shares of his Exide Industries, which has two-thirds of the market for auto batteries and today accounts for close to half of his fortune. Exide's insurance arm is likely to benefit from a new rule raising the cap on foreign ownership in insurance companies from 26 to 49 percent.
