Portrait of Sanjiv Bajaj

Rank #786

Sanjiv Bajaj

Net worth $5.4B

Diversified · India

Born
Nov 02, 1969
Age
56
Source
Diversified
Residence
Pune
Citizenship
India
Marital status
Married
Children
2
Education
Master of Business Administration, Harvard Business School; Bachelor of Engineering, Pune University; Master of Science in Engineering, The University of Warwick

Net worth over time

Biography

  • Sanjiv Bajaj is the son of the late Rahul Bajaj, who was chairman emeritus of the storied Bajaj Group until his death in February 2022.
  • The group was founded by their great-grandfather Jamnalal Bajaj, who set it up in 1926 and was a follower of Mahatma Gandhi.
  • Today, the Bajaj Group is a conglomerate of 40 companies in sectors such as two-wheelers, financial services and electrical appliances.
  • Sanjiv oversees the group's financial services business, which includes insurance.
  • In 2025, the family agreed to buy out Germant giant Allianz's stake In their two Indian Insurance joint ventures for $2.8 billion.
  • His older brother Rajiv is also a billionaire.
  • Sanjiv is keen about tennis and basketball.

Financial assets

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