Rank #267
Kushal Pal Singh
Net worth $11.9B
Real estate · India
- Born
- Aug 15, 1931
- Age
- 94
- Source
- Real estate
- Residence
- London
- Citizenship
- India
- Marital status
- Widowed
- Children
- 3
- Education
- Bachelor of Arts/Science, Delhi University
Net worth over time
Biography
- Property baron Kushal Pal Singh left an army posting in 1961 to join DLF, a company started by his father-in-law in 1946.
- Singh later built DLF City in Gurgaon, his showpiece township on the outskirts of Delhi, by acquiring land from farmers.
- Today, Delhi-headquartered DLF, run by his son Rajiv as chairman, is India's biggest listed property firm by market cap.
- In 2017, Singh sold his one-third stake in DLF's rental arm to GIC, Singapore's sovereign wealth fund, for $1.9 billion.
- Singh stepped down as chairman after more than five decades in that position, in 2020. He's now chairman emeritus of DLF and lives mostly between London and Dubai.
- Singh is passionate about golf and collecting art.
- Some of Delhi's most coveted residential enclaves were built by DLF in the 1950s.
- In 2023, he sold DLF shares worth $88 million, using a chunk of the proceeds to set up a charitable foundation.
- In November 2024, he released his book, "Why the Heck Not?: Blueprints for Success from the Man Who Built DLF."
- Its uber luxurious, 17-acre residential community, DLF The Dahlias, features 10,000 square feet apartments upwards of $8 million.
Financial assets
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