Subrata Roy Net Worth 2023 is estimated to be $ 1 Million. He is the founder of the brand Sahara India Pariwar. He is a professional Indian businessman who launched the brand in 1978. Sahara India Pariwar is a multi-industry business whose headquarters are located in Lucknow, Uttar Pradesh. The group operates multiple domains such as finance, health care, life insurance, E-commerce, infrastructure, housing, etc. Subrata Roy got married to the love of his life Swapna Roy. To learn more interesting facts about Subrata Roy’s achievements, career, marriage, kids, and business, read this informative article.
Subrata Roy Net Worth Today 2023
Subrata Roy is a 74 years old Indian businessman. He was born on June 10, 1948, in Araria, Bihar(India). He is best known as the Sahara India Group’s chairman, which mainly deals in various domains such as finance, real estate, media, and infrastructure. He started his business with three employees in 1978.
He worked so hard, and with the support of his wife Swapna Roy, his business growth increased, and finally, the business Sahara India Pariwar went to its peak in 2004. Subrata Roys Net Worth Today, 2023, is estimated to be $ 1 Million, which he mainly earned through his business growth. Subrata Roy was widely recognized as one of India’s ten most influential people by India Today.
Subrata Roy Profile
The key highlights of Indian businessman Subrata Roy are listed as below in the given table:
|Name:-||Subrata Roy Sahara|
|Mother:-||Srimati Chhabi Roy|
|Father:-||Sudhir Chandra Roy|
|Birth:-||10 June 1948|
|Birth City:-||Araria, Bihar|
|Education:-||School: Holy Child Institute in Kolkata
College: Government Technical Institute Gorakhpur, graduated with a diploma in mechanical engineering.
|Kids:-||Sushanto Roy, Seemanto Roy|
|Business established:-||Sahara India Pariwar(1978)|
|Net Worth:-||$1 Million|
|Awards:-||Businessmen of the Year Award in 2002, Best Industrialist Award in 2002,Vishisht Rashtriya Udaan Samman in 2010, Vocational Award for Excellence in 2010, Karmaveer Samman in 1995, Udyam Shree in 1994, Baba-E-Rozgar Award in 1992 and the National Citizen Award in 2001.|
|Books Published:-||“Shanti, Sukh : Santushti”, “Maan, Samman, Atmasamman”, “Life Mantras”, “Think With Me”|
Subrata Roy Biography
Sahara India Pariwar was established by the famous Indian businessman Subrata Roy, who was born on 10 June 1948 in a small village called Araria in Bihar, India. His father, Sudhir Chandra Roy, was a farmer. Subrata Roy grew up in a low-income family. Despite his humble beginnings, he was determined to move further and succeed and worked hard to accomplish his education.
After completing his studies, Roy began his career as a clerk in a small firm. He quickly realised he had a talent for business and started his own small venture selling door-to-door products. In 1978, he founded Sahara India Pariwar, one of India’s most prominent business groups. Under Roy’s leadership, the Sahara India Pariwar has become a diversified conglomerate with interests in finance, real estate, media, and infrastructure.
Subrata Roy’s family was not financially strong, due to which to complete his education, he would sell salted snacks in the streets of Gorakhpur on a Lambretta scooter during his young age when his father passed away. He named his venture “Jaya Products.” Nowadays, this Lambretta scooter is placed in a glass cubicle to remind every employee of his company and how it started from scratch and has reached its highest peak.
Subrata Roy earned $1 Million from his occupation as an Indian businessman. He is the founder of Sahara India Pariwar, the largest private-sector employer in India, with more than one million employees and agents. His assets are estimated to be around 50 million rupees ($915,200). Subrata Roy owns various properties across India, including a farmhouse near Delhi, a bungalow in Alipore, Kolkata, and a sprawling residence in Lucknow.
He is also reported to have real estate in London, Dubai, and the United States. His legal team has presented a list of personal wealth and assets to the Supreme Court of India, including gold and gemstones worth around 30 million rupees, fixed deposits of 15.9 million rupees, and real estate valued at around 50 million rupees. Sahara India Pariwar has a diverse range of businesses, including Aamby Valley City, Sahara Movie Studios, Air Sahara, hockey sports, and Filmy.
Personal Life and Hobbies
As you all know, the reason behind a man’s success is either his mother, his girlfriend, or his wife. Here is the same case of Subrata Roy’s success story. He fell in love with the university topper and met her through his friend during his college days. He loved her and proposed to her one day.
Swapna accepted his proposal and supported him in every difficulty that he faced before empowering his business. The couple belonged to two different cities, and it was hardly a chance for them to meet each other. They met once or twice a year, but Swapna wrote love letters to him. After seven years of their long-distance relationship, they managed to marry each other.
At the time of marriage, Subrata Roy was hardly struggling and trying to manage his business, and he finally did it with the support of his loving wife. Swapna helped Subrata Roy polish his speaking skills, industrial management skills, and such a manner. The couple had two sons, namely Sushanto Roy and Seemanto Roy.
Subrata Roy loves to read books and enjoys living with his family. He has much more interest in business partnerships and writing books to promote awareness among society regarding industrial tasks and management.
Education and Qualification
Subrata Roy Sahara excelled in school as a youngster. He studied at Holy Child Institute in Kolkata. Moreover, he had a keen interest in technical education, which he pursued by enrolling in the Government Technical Institute, Gorakhpur, where he eventually graduated with a diploma in mechanical engineering.
Subrata Roy has advanced knowledge in the business philosophy, also known as “Collective Materialism,” that mainly promotes group development skills and various techniques. He has delivered lectures on corporate philosophy at Harvard University, the Indian Institute of Technology, the Indian Institute of Management, and Banaras Hindu University, among many other institutions. He wrote the following books as described below: “Shanti, Sukh : Santushti,” “Maan, Samman, Atmasamman,” “Life Mantras,” and “Think With Me.”
Sahara Pariwar India
Subrata began his business career by joining Sahara Finance and working there. He changed the company’s model in 1978. He began working in Sahara City in the late 1990s. Since then, the company has grown to include many Indian businesses.
Talking about the inception of Sahara India Pariwar, its foundation was laid by Subrata Roy in 1978 when he opened a small office for his business deposits and para-banking in Gorakhpur. Sahara India Financial’s business began with 42 depositors in a single location. In 1998, the company launched the Rashtriya Sahara Hindi Newspaper, and in 2000, it launched Sahara TV, a television channel. This company owned many iconic hotels, and he made money from it.
Roy wanted to launch a project that would assist regular people in making their aspirations come true. Most of his first customers were daily wage workers who would invest 20% of their daily wages with him to become wealthy. Sahara India continues to be a “people’s company” despite the tremendous growth it has undergone over the past 40 years. Today, the group serves 6.1 crore depositors through 1,707 establishments across the country, all under the direction of Subrata Roy Sahara. The corporation is worth more than $10 billion.
Awards and Humanitarian Services
Over the years, he has actively backed humanitarian causes. He gave 127 families of the Kargil martyrs financial support. Atal Bihari Vajpayee, prime minister at the time, commended his action. During the 2013 floods, the company where he worked assisted the victims by distributing bottles of drinking water, food, candles, and matchboxes and providing medical treatment.
The University of East London conferred an honorary doctorate in business leadership on Roy (2013). He also won the Business Icon of the Year honor at the 2011 Power Brands Hall of Fame Awards in London. He received the 2007 ITA TV Icon of the Year award. In 2004, he was given the Global Leadership Award.
Businessmen of the Year in 2002, Best Industrialist in 2002, Vocational Award for Excellence from Rotary International in 2010, Karmaveer Samman in 1995, Udyam Shree in 1994, Baba-E-Rozgar Award in 1992, and National Citizen Award in 2001 were all given to Subrata Roy. He also received the Karmaveer Samman in 1995, Udyam Shree in 1994, and Baba-E-Rozgar Award in 1992. The Indian Television Academy Awards gave him a general jury award.
Last but not least, Subrata Roy’s life story and his struggle to establish the largest private sector in India was full of hurdles. However, he did not give up, continued his struggle, and achieved his desired ambition. The life story of Subrata Roy Sahara motivates all aspiring business owners who are just starting their ventures.
FAQ regarding Subrata Roy Net Worth
Ques: What is Subrata Roy Net Worth 2023 estimated?
Ans: Subrata Roy is an Indian businessman whose net worth is estimated to be $ 1 million, which he mainly earns from his business Sahara India Pariwar Group.
Ques: In which year did Subrata Roy establish the Sahara India Pariwar group?
Ans: Subrata Roy established Sahara India Pariwar in 1978 at Gorakhpur with more than 30 employees. He was highly supported by his wife, Swapna Roy, who helped him in difficult times.
Ques: What is the educational qualification of Subrata Roy?
Ans: Subrata Roy completed high school at Holy Child Institute in Kolkata. Later, he moved on to the college Government Technical Institute for higher studies and enrolled in a diploma program in the mechanical engineering field.