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NDTV
a day ago
- Automotive
- NDTV
Billionaire Sanjay Kapur's Net Worth Makes Him Richer Than Shah Rukh Khan. Report
New Delhi: Karisma Kapoor's ex-husband, Sunjay Kapur, passed away on June 12, 2025. He suffered a heart attack during a polo match in England. The industrialist was 53. As per reports, the business tycoon's net worth makes him richer than Shah Rukh Khan and even the Kapoor family. The chairman of auto components maker Sona Comstar, Sunjay Kapur's net worth was estimated to be $1.2 billion (Rs 10,300 crore), as per a report by Forbes. He booked his spot in the prestigious World's Billionaire List in 2022. Sanjay Kapur's wealth makes him the richest person when compared to some prominent Bollywood celebrities. According to reports and as quoted on Hindustan Times, Shah Rukh Khan, considered one of the richest actors in the Hindi film industry, has a net worth of $ 880 million (Rs 7700 crore). Additionally, Sanjay Kapur's wealth is more than the entire extended Kapoor family, too. Their combined net worth which is around Rs 2000 crore which is just a fifth of what Sunjay owns. As for Karisma Kapoor, her net worth is reportedly Rs 120 crore. Sanjay Kapur, armed with a business degree from the University of Buckingham, entered the Sona Comstar business in 2015 after his father Surinder Kapur's death. Surinder Kapur launched Sona Comstar in 1995, which became a key player in the auto parts sector. Under his son's leadership, the company evolved into a global name in auto component manufacturing. 'Sona' translates to gold in Hindi and the name was inspired by his grandfather's old jewellery business. According to Forbes, Sona Comstar, headquartered in Gurugram, runs 12 factories with over 5,000 employees working for the organisation in India, China, Mexico, Serbia, and the US. The global rise in electric vehicle demand has boosted the company's growth. In the year ending March 2025, Sona Comstar earned 35.5 billion rupees (around $412 million), marking a 12% jump in revenue. EV components made up roughly 36% of that income. Sunjay Kapur's death was confirmed by Sona Comstar and the Automotive Component Manufacturers Association of India (ACMA). In a statement, they wrote, 'A visionary leader, Kapur played a pivotal role in shaping Sona Comstar into a global mobility technology company built on innovation, sustainability, and purpose.' 'Kapur, a respected leader and visionary, was a passionate advocate for the automotive components industry. Under his stewardship, ACMA witnessed significant progress in global competitiveness and EV readiness,' the statement added. Sunjay Kapur got married to Priya Sachdev, a former model and entrepreneur, after his divorce from Karisma Kapoor in 2016.
Indian Express
14-05-2025
- Business
- Indian Express
Global Top 10: Billionaire-producing industries in 2025
Top 10 Industries For Billionaires in India 2025: How did the world's billionaires get so rich? While many wealthiest individuals belong to the well-known sectors of finance and technology, other industries are also contributing to the rise of billionaires and their fortunes. Finance and investments continue to lead, holding the highest number of billionaires for the 11th consecutive year, Forbes reported. Representing 15% of the World Billionaire List 2025, the combined net worth of the industry's billionaires totals $2.6 trillion, with Warren Buffett being the richest person by far, with an estimated $154 billion fortune. The tech industry follows next with a total of 401 billionaires, with the founder of Meta, Mark Zuckerberg, having an estimated worth of $216 billion, making him the richest in the industry. With 342 billionaires and a combined worth of $1.1 trillion, the manufacturing industry ranks third in the most popular industry for billionaires. Germany's Reinhold Wuerth, with an estimated $35.1 billion fortune from fasteners and screws, continues to be the industry's billionaire. Fashion and retail is the fourth most common industry for billionaires, with 297 billionaires valued at $2 trillion combined, and Bernard Arnault of LVMH, France, being the industry's richest individual, at an estimated $178 billion. In a notable mention, the diversified industry has gained significant popularity among billionaires, with individuals gaining fortunes through ownership stakes across various sectors; presently, there are 210 billionaires in this industry, accounting for 7% of the total list. The wealthiest person in this category is Indian billionaire Mukesh Ambani, the chairman of Reliance Industries, who has an estimated net worth of $92.5 billion. Reliance Industries has a broad reach across multiple sectors, including petrochemicals, oil refining, retail, telecommunications, media, and financial services. Source: Forbes' World's Billionaire List 2025 | Data as of: March 7, 2025 Cherry Gupta is an Assistant Manager - Content at The Indian Express. She is responsible for crafting compelling narratives, uncovering the latest news and developments, and driving engaging content based on data and trends to boost website traffic and audience engagement. One can connect with her on LinkedIn or by mail at ... Read More
NDTV
28-04-2025
- Business
- NDTV
Bill Gates Explains Why He Didn't Fund Daughter Phoebe's Business: "I Would Have..."
Tech billionaire Bill Gates expressed gratitude that his youngest daughter, Phoebe Gates, secured funding for her startup independently, without relying on him. In a New York Times interview, Mr Gates revealed he anticipated she'd ask for financial help when launching her company. While he made it clear that he would have been more than happy to help his daughter out financially, he also acknowledged that his support would have likely come with certain conditions and strings attached. "I would have kept her on a short leash and been doing business reviews, which I would have found tricky. And I probably would have been overly nice, but I wondered if it was the right thing to do. Luckily, it never happened," he said. Notably, Phoebe Gates, 22, has recently launched her startup Phia, a digital fashion platform that aggregates clothing prices across over 40,000 websites. This platform aims to make online shopping smarter and more sustainable by providing users with the best deals on fashion items. Ms Gates co-founded Phia with her friend Sophia Kianni, and their platform is designed to promote second-hand shopping, reducing waste and carbon footprint. After graduating from Stanford in 2024, Ms Gates has raised over $500,000 from venture capitalists and angel investors, showcasing her entrepreneurial skills. Unlike her father, who famously left Harvard to start Microsoft, Ms Gates said leaving college was not considered an option. "They were very much like, 'You need to finish your degree; you don't just get to drop out and work for a company. Which is so funny because my dad literally did that, and that's, like, the reason I'm able to go to Stanford or have my tuition paid," she said. Bill Gates shares three children with his ex-wife, Melinda French Gates: Jennifer (28), Rory (25), and Phoebe. According to Forbes' 2025 World's Billionaire List, Bill Gates is currently the 13th richest person globally, with a net worth of approximately $102.2 billion.
Yahoo
28-04-2025
- Business
- Yahoo
Bill Gates Says He Probably Would Have Helped Fund Daughter Phoebe's Business, but ‘Luckily' She Never Asked
Phoebe Gates founded online price comparison shopping platform Phia with her former roommate, Sophia Kianni Bill Gates revealed in a new interview that Phoebe didn't ask him to help fund her business venture "I would have kept her on a short leash and be doing business reviews," Bill admitted Bill Gates is relieved his daughter founded her business without his financial input. The Microsoft co-founder, 69, confessed he had concerns when his youngest daughter, Phoebe, informed him that she would be starting a business with her former Stanford University roommate, Sophia Kianni. Phoebe, 22, and Kianni, 23, teamed up to make Phia, an app that offers shoppers an easy way to compare the prices of new and used items across thousands of e-commerce sites. 'I thought, 'Oh boy, she's going to come and ask [for money],' ' Bill told The New York Times in an interview published April 24. He added his initial thoughts on her wanting to join the competitive e-commerce space, saying, 'Wow, a lot of people have tried, and there's some big guys in there.' is now available in the Apple App Store! Download it now for the most binge-worthy celeb content, exclusive video clips, astrology updates and more! Related: Bill Gates' Daughter Phoebe and Sophia Kianni Launch Free App: 'Your Personal Shopping Sidekick' (Exclusive) Bill shares daughters Jennifer, 28, Phoebe, and son Rory, 25, with ex-wife Melinda French Gates. He is currently the 13th richest person on earth and has a net worth of around $102.2 billion, according to Forbes' 2025 World's Billionaire List. As previously reported, Bill said his children have had a 'great upbringing and education,' but will inherit 'less than 1 percent' of his total wealth. Never miss a story — sign up for to stay up-to-date on the best of what PEOPLE has to offer, from celebrity news to compelling human interest stories. While on the Figuring Out with Raj Shamani Podcast earlier this month, he said, 'I decided it wouldn't be a favor to them.' However, his staggering wealth could mean that, despite the low percentage, his children will each still inherit multimillions. Bill revealed to The New York Times that he would've also likely helped to fund Phoebe's business, Phia, if she had asked him. 'And then I would have kept her on a short leash and be doing business reviews, which I would have found tricky, and I probably would have been overly nice but wondered if it was the right thing to do? Luckily, it never happened,' he told the outlet. Related: Phoebe Gates, 22, and Her Friend Sophia Kianni Reimagine Shopping with Digital Fashion Startup Having been told that she needed to raise the capital on her own by her mom, Phoebe and Kianni started with $100,000 from Soma Capital and a Stanford grant of $250,000 from a social entrepreneurship program. They received a lot of rejections before securing another $500,000 from angel investors, per The New York Times. 'She saw it as a real opportunity for me to, like, learn and fail,' Phoebe said of her mom, Melinda, according to the outlet. The 22-year-old entrepreneur has also received advice from mentors, including Kris Jenner, Sara Blakely of Spanx, and Joanne Bradford, the former president of Honey. Revealing that the advice he gives Phoebe is limited to personnel issues, Bill said, 'When it comes to shopping, I'm not exactly the target audience.' Read the original article on People Sign in to access your portfolio
Fox News
09-04-2025
- Business
- Fox News
Bill Gates reveals how much inheritance he'll leave for kids
Microsoft founder and multi-billionaire Bill Gates, 69, says each of his three children will receive less than 1% of his more than $100 billion fortune. "In my case, my kids got a great upbringing and education but [will get] less than 1% of the total wealth because I decided it wouldn't be a favor to them. It's not a dynasty. I'm not asking them to run Microsoft," he said on Raj Shamani's podcast. According to Forbes' 2025 World's Billionaire List, Gates is worth $102.2 billion, making him the 13th richest person on the planet. Elon Musk tops the list at $342 billion. His children, despite receiving only a tiny fraction of Gates' wealth, are set to receive more than $1 billion each. Gates has three children, ages 28, 25 and 22. In 2021, Gates and his wife of 27 years, Melinda Gates, divorced. The pair ran the Bill and Melinda Gates Foundation, the largest charitable organization in the world, which is now called the Gates Foundation. Gates was particularly vocal during the COVID-19 pandemic, during which he gave more than $250 million to various pandemic-related causes. Despite not being a doctor, he also became a self-styled vaccine expert during that time. More recently, he criticized President Donald Trump's initiative to cut funding for USAID. "My foundation partners with USAID on nutrition and getting vaccines out and, you know, there's incredible people," he said during a February appearance on "The View." "You know, they're not actually worms that work there. So, you know, hopefully we'll get some of that work back in shape. In fact, if we don't, you know, you could have literally millions of deaths."
