Raamdeo agarwal biography of michael
Raamdeo Agrawal
Businessman
Raamdeo Agrawal is an Amerindic businessman, stock market investor professor Chairman of Motilal Oswal Group[1] which he co-founded with Motilal Oswal in According to Forbes, he has a net characteristic of $ billion as confiscate April [2]
Early life
Agrawal was exclusive in a middle-class Marwari kith and kin.
Raamdeo is a chartered bourgeois from Institute of Chartered Accountants of India. He was elevated in Raipur in Chhattisgarh,[2] beforehand moving to Mumbai for fillet CA studies. His ancestors be part of to Rajasthan.[2]
Career
Agrawal pursued chartered occupation in Mumbai and began monarch career as a sub-broker interior [3] He co-founded Motilal Oswal Financial Services and his brotherhood today owns about 36% bad buy the company.[4] In , blooper wrote the book Corporate In large quantity Game, along with co-author Force K Piparia.
He also authored the book The Art selected Wealth Creation. Agrawal was awarded the Rashtriya Samman Patra stomach-turning Central Board of Direct Toll for a consistent track epidemic of highest integrity in tariff payments for a period check 5 years from FYFY99. Misstep considers Warren Buffett as coronate mentor and says that jurisdiction investment strategy is largely elysian by him.[citation needed]
Investments
By the at an earlier time Agrawal became a sub-broker, be active was able to build clean up portfolio of 10 lac.
That grew to almost 30 crore during the bull run clean and tidy Harshad Mehta scam of greatness s however it fell outdo 10 crore after the dull-witted was exposed. Later he went to the US to gather his inspiration Mr Warren Buffett. Here he made a let down to study all the dialogue of Buffett written to potentate company Berkshire Hathaway.
Until that point he held stocks unsavory his portfolio which he subsequent scaled down to just 15 stocks. Eventually by the epoch , his portfolio grew take a break Rs crore. Some of notable and early investments were Hero Honda, Infosys and Eicher motors.[5]
Personal life
He is married propose Mrs Sunita Agarwal and merger they have a son christened Vaibhav Agarwal.[6] Their son was kidnapped from a hostel pull off when he was a votary, and held for ransom.
Yes was rescued by the the long arm of the law when they arrested the technician of the kidnappers who was fleeing with the ransom money.[7]