Rank #2016
T.S. Kalyanaraman
Net worth $2.1B
Jewelry · India
- Born
- May 23, 1947
- Age
- 79
- Source
- Jewelry
- Residence
- Thrissur
- Citizenship
- India
- Marital status
- Married
- Children
- 3
- Education
Net worth over time
Biography
- T.S. Kalyanaraman is the managing director of Kalyan Jewellers, a gold jewelry chain with over 368 stores in India, 36 in the Middle East, and two in the U.S.
- The business has its origins in a century-old textile store established in south India by his grandfather, who hailed from a family of Hindu priests.
- Kalyanaraman worked in the family's textile trade from age 12 until 1993 when he started the jewelry chain.
- Warburg Pincus invested in Kalyan Jewellers in 2014 and exited fully in 2024. The company got listed in 2021.
- His sons Rajesh and Ramesh are executive directors on the company's board.
- In August 2024, T.S. Kalyanarman bought an additional 2.4% stake in the company from Warburg Pincus.
- He contributed $3 million to Habitat For Humanity India to build 2,000 homes for low-income families.
Financial assets
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