Subhash Runwal

Subhash Runwal is an Indian real estate entrepreneur, founder and chairman of Runwal Group. He has a net worth of 1 billion dollars.[1]

Early life

Subhash was born (25 March 1943) in Dhulia, Maharashtra and had five siblings. He got his Bachelor of Commerce from Pune University in 1964 and moved to Mumbai. Subhash became a Chartered Accountant from Institute of Chartered Accountants of India in 1967. Subhash first job was with Ernst & Ernst in St Louis, Missouri United States which he left in six months and returned to India. He started working as an accountant in a chemical firm at Mumbai.[2]

Runwal Group

Subhash founded his real estate business Runwal Group in 1978 and purchased a 22 acres plot in central suburb of Mumbai.[3]

Awards

Associations

Subhash serves as president of Jain International Trade Organisation, president of Bharat Jain Mahamandal and treasurer of World Jain. He is trustee of the Mahavir Foundation and Subhash Runwal Education Foundation.[5]

Family

Subhash is married to Chanda and have two son Sandeep, Subodh and one daughter Sangeeta. His son Sandeep Runwal and Subodh Runwal are now working in his business.[6]

References

  1. "Subhash Runwal - The Worlds Billionaires". Forbes. Retrieved 4 March 2015.
  2. "India's Newest Billionaire, Subhash Runwal, Built A Property Empire From Nothing". Forbes. Retrieved 4 March 2015.
  3. "Runwal Group". The Economic Times. Retrieved 4 March 2015.
  4. "A reason to rejoice". Times of India. Retrieved 4 March 2015.
  5. "Subhash S. Runwal". Bloomberg. Retrieved 4 March 2015.
  6. "Father, Son & Co.". Business World. Retrieved 4 March 2015.
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