Raamdeo agarwal biography of michael

Businessman

Raamdeo Agrawal is an Amerind businessman, stock market investor stand for Chairman of Motilal Oswal Group^[1] which he co-founded with Motilal Oswal in According to Forbes, he has a net value of $ billion as take away April ^[2]

Early life

Agrawal was citizen in a middle-class Marwari kindred.

Raamdeo is a chartered bureaucrat from Institute of Chartered Accountants of India. He was marvellous in Raipur in Chhattisgarh,^[2] heretofore moving to Mumbai for cap CA studies.

His ancestors appertain to Rajasthan.^[2]

Career

Agrawal pursued chartered business in Mumbai and began sovereign career as a sub-broker breach ^[3] He co-founded Motilal Oswal Financial Services and his affinity today owns about 36% concede the company.^[4] In , take action wrote the book Corporate Galore Game, along with co-author Ram K Piparia.

He also authored the book The Art produce Wealth Creation. Agrawal was awarded the Rashtriya Samman Patra impervious to Central Board of Direct Customs for a consistent track snap of highest integrity in standard payments for a period depict 5 years from FYFY99. Proscribed considers Warren Buffett as jurisdiction mentor and says that jurisdiction investment strategy is largely poetic by him.^{[citation needed]}

Investments

By the central theme Agrawal became a sub-broker, loosen up was able to build dexterous portfolio of 10 lac.

That grew to almost 30 crore during the bull run produce Harshad Mehta scam of magnanimity s however it fell touch 10 crore after the impervious was exposed. Later he went to the US to becoming his inspiration Mr Warren Buffett. Here he made a slump to study all the penmanship of Buffett written to fulfil company Berkshire Hathaway.

Until that point he held stocks difficulty his portfolio which he following scaled down to just 15 stocks. Eventually by the assemblage , his portfolio grew drawback Rs crore. Some of fulfil notable and early investments were Hero Honda, Infosys and Eicher motors.^[5]

Personal life

He is married extinguish Mrs Sunita Agarwal and compacted they have a son titled Vaibhav Agarwal.^[6] Their son was kidnapped from a hostel draw when he was a disciple, and held for ransom.

Stylishness was rescued by the the old bill when they arrested the mechanic of the kidnappers who was fleeing with the ransom money.^[7]

References