Raj Kundra is a college dropout who, at the age of 18, started his business career as a Pashmina shawl trader in the UK. Rising through that steadily, Kundra has stakes in about ten companies operating in trading, construction, real estate, energy, steel, shares, media, sports and gold trading.
He was arrested on Monday by the Mumbai Police for making a porn film. On Tuesday, he was sent to police custody till July 23.
Also Read | What next for Raj Kundra? The charges against him and what they mean
He is the co-owner of IPL franchise Rajasthan Royals with his wife Shilpa Shetty. That is the business that made his net worth skyrocket in recent years.
Corporate affairs ministry shows Raj Kundra %u2014 under the name Ripu Sudan Kundra %u2014 to be a director of 20 companies. Here’s a snapshot of five of them.
Also read: Raj Kundra arrested for making porn films: Mumbai Police
1)Raj Kundra owns Rajasthan Royals Cricket Team in the Indian Premier League
2) Kundra Constructions deals in real estate and interior design
3)He also owns Ashwini Steel, an Ahmedabad-based manufacturer of Mild Steel Ingots
Also Read | Raj Kundra case: Who all have been arrested, what they are accused of
4) Kundra also floated a company called Super Fight Promotions-for-TV Fighting League
5) Iconic Investments deals in Kundra%u2019s investments in shares, bonds, futures and forex
