Kumar Mangalam Birla: The youngest Indian billionaire
Young and enterprising Kumar Mangalam Birla represents the dynamic crop of successful businessmen who are set to make a mark in the global business world.
Kumar Mangalam, who turned 40 this year, is the ninth richest Indian with a net worth of $11 billion. He took over as chairman of the Aditya Birla group after his father, the legendary Aditya Birla, died of cancer in 1995. Many were sceptical about his capability to run the Birla empire. But Kumar Mangalam proved his mettle by giving his businesses the right direction and also forayed into cellular telephony, asset management, software and business process outsourcing.
The Aditya Birla Group traces its origins back to the tiny village of Pilani in Rajasthan, where Seth Shiv Narayan Birla started cotton trading operations in 1857. Today, under Kumar Mangalam's leadership, the group's footprint extends to 20 countries and its revenues are in excess of $24 billion.
Their major companies in India are Grasim, Hindalco, UltraTech Cement, Aditya Birla Nuvo and Idea Cellular and globally -- Novelis, Minacs, Aditya Birla Minerals, Aditya Birla Chemicals.
Young and enterprising Kumar Mangalam Birla represents the dynamic crop of successful businessmen who are set to make a mark in the global business world.
Kumar Mangalam, who turned 40 this year, is the ninth richest Indian with a net worth of $11 billion. He took over as chairman of the Aditya Birla group after his father, the legendary Aditya Birla, died of cancer in 1995. Many were sceptical about his capability to run the Birla empire. But Kumar Mangalam proved his mettle by giving his businesses the right direction and also forayed into cellular telephony, asset management, software and business process outsourcing.
The Aditya Birla Group traces its origins back to the tiny village of Pilani in Rajasthan, where Seth Shiv Narayan Birla started cotton trading operations in 1857. Today, under Kumar Mangalam's leadership, the group's footprint extends to 20 countries and its revenues are in excess of $24 billion.
Their major companies in India are Grasim, Hindalco, UltraTech Cement, Aditya Birla Nuvo and Idea Cellular and globally -- Novelis, Minacs, Aditya Birla Minerals, Aditya Birla Chemicals.
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