Meet billionaire who is related to Mukesh Ambani, house worth Rs 450 crores, net worth of Rs 293738023760, he is..., his son...
Isha Ambani and Anand Piramal live in a luxurious house spread over 50,000 square feet. This sea-facing bungalow located in Worli, South Mumbai is named 'Gulita'. This house has three basements. The first has a garden. The second has a swimming pool and the third has a parking facility. In the year 2012, Ajay Piramal bought this property from Hindustan Unilever for Rs 452.5 crore. The business tycoon hired an engineering firm from London to remodel this house.
According to Forbes, Ajay Piramal's net worth is three billion dollars, Rs 2,45,26,92,00,000 in Indian currency. He is ranked 1032nd in the list of rich people around the world.
Ajay Piramal has studied Bachelor of Arts and Science from the University of Mumbai and Master in Business Administration. He started his career in the year 1977 at the age of 22 with his family's textile business. Later he built the pharma industry on his own. Piramal made his biggest deal in 2010 when he sold his domestic formulation business to Abbott Labs for $3.8 billion.
In November 2020, Piramal sold his 'Piramal Glass' to private equity firm Blackstone for $1 billion. In 2022, Piramal separated the pharma and financial services business of his Piramal Enterprises. Piramal's wife Swati is the vice chairman of the group while his daughter Nandini and son Anand have board seats. Ajay Piramal's elder brother Dilip is the owner of leading luggage maker VIP.
Ajay's grandfather Seth Piramal Chaturbhuj Makharia built the Piramal Gate in Shekhawati to welcome Maharaja Sawai Man Singh II of Jaipur.
In the early years of the last century, Seth Piramal Chaturbhuj Makharia arrived in Bombay (now Mumbai) from Bagar in the Shekhawati region of Rajasthan with Rs 50 in his pocket. Seth Piramal traded in cotton, silk, silver, opium and other commodities and became successful. By the year 1920, when he was 28 years old, he acquired Morarji Mills.
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