According to sources Rahul Bajaj is an Indian billionaire businessman, politician, and philanthropist. Meanwhile, he is the chairman of Indian conglomerate Bajaj Group and member of parliament. Reportedly Bajaj comes from the business house started by a Rajasthani Marwadi businessman Jamnalal Bajaj.
Furthermore, he was awarded the third highest civilian award Padma Bhushan in 2001. Meanwhile, in a recent interview for the Creating Emerging Markets project at the Harvard Business School, Bajaj provides a devastating critique of Indian industrial policies before the liberalization in the 1990s. Sources added he took over Bajaj Group in 1965. Previously in 2005, Rahul Bajaj stepped down from his role as chairman, his son Rajiv became the Group's managing director.
Moreover, on the Forbes 2016 list of the world's billionaires, he was ranked #722 with a net worth of US$ 2.4 billion. Apparently his sons Rajiv Bajaj and Sanjiv Bajaj are involved in the management of his companies. Further his daughter Sunaina is married to Manish Kejriwal, the former head of Temasek India.