You may have heard of the DLF conglomerate, but definitely, with great chances you may not have any idea of who Kushal Pal Singh is. Of all the billionaires in our land, it was K.P. Singh, the billionaire real estate developer, who sat 8th spot at the top, according to Forbes Richest World's Billionaires list in He ranks as India's 12th richest person as per the Forbes India Rich List of
K.P. Singh has constructed many earthquake-proof apartments, shopping malls, office spaces, and other leisure facilities in Gurugram. When K.P. Singh was the Chairman of DLF Limited, the company floated an IPO in , which was one of the largest IPOs in India, raising about $ billion. With the increase in the market capitalization of the company to more than $ billion (as of December ), Singh and his family became one of the richest families in the world.
In this article, learn more about real estate mogul Kushal Pal Singh, including his education, career, net worth, family, awards, and more.
| Name | Kushal Pal Singh |
|---|---|
| Born | August 15, |
| Birthplace | Bulandshahr, Uttar Pradesh, India |
| Nationality | Indian |
| Education | Graduated in Science from Meerut College, Aeronautical Engineering from the UK |
| Profession | Billionaire Real Estate Developer DLF Limited CEO and Chairman of DLF Limited |
| Military Career | Served in the Indian Army () |
| Unit | Deccan Horse |
| Rank | Captain |
| Spouse | Indira Singh |
| Children | Rajiv Singh (son) Renuka Talwar (daughter) Pia Singh (daughter) |
| Net Worth | $ billion (December ) |
Kushal Pal Singh - Early Life and Education
Kushal Pal Singh - Family
Kushal Pal Singh - Career Highlights
Kushal Pal Singh - Controversy
Kushal Pal Singh - Awards and Recognition
Kushal Pal Singh - Interesting Facts
K.P. Singh was born in August in Bulandshahr, UP in a typical Tewatia Jat family. His father, Chaudhary Mukhtar Singh, was a renowned lawyer in Bulandshahr. After pursuing his science degree from Meerut College, K.P. Singh pursued aeronautical engineering in the UK and was selected into the Indian Army by the British Officers Services Selection Board. He was commissioned to join the Deccan Horse in In he joined the American Universal Electric Company and once it merged with DLF Universal Limited in he became the MD.
K.P. Singh was married to Indira Singh, the daughter of Raghavendra Singh, the founder of DLF Limited. Singh lost his wife, Indira Singh, to cancer in He has one son Rajiv and two daughters, Renuka and Pia together with his wife.
Rajiv later succeeded K.P. Singh as the Chairman of the DLF Group in Kavita, wife of Rajiv, became an advisor to DLF Commercial Developers Ltd. in November and was also made Advisor to DLF Universal Ltd. in They have two daughters, who are working in the company.
K.P. Singh’s elder daughter is married to G.S. Talwar, a non-executive director in the company. They have a son Rahul who is also a part of DLF India Ltd, but as a management trainee. K.P. Singh’s youngest daughter Pia is a full-time Director on the board of DLF Limited.
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In , K.P. Singh joined the American Universal Electric Company where he gained invaluable insights into the world of business. Post which, in he joined as joint MD as the director of DLF Universal Limited with Chaudhury Raghuvender Singh, his father-in-law. Under their joint leadership, the company became a prominent player in the real estate industry.
He played a major role when it came to shaping the future of DLF Limited. In , he set his ambitious plan into action and started buying and developing property in the Gurgaon area. He envisioned Gurgaon (now Gurugram) to be a satellite city where international companies would race to set up their operations. He acquired over acres of land in the area and with his prowess in the real estate field the company transformed the city of Gurugram into an up-and-coming business hub with multiple apartments, offices, shopping malls, and leisure spaces.
In the s GE became one of the biggest international corporations to lease an office space in the area which now came to be known as DLF City. With India becoming the top outsourcing destination other international brands such as IBM, American Express, British Airways, and Nestle became the tenants of DLF.
With Singh at the helm of DLF, it expanded far beyond Gurugram with its shopping malls, apartments, and hotels. In , under K.P. Singh's leadership, DLF Limited launched an initial public offering (IPO) that raised approximately INR 9, crore (about $ billion) by selling crore shares at INR each.
In , K.P. Singh was one of the high-profile names that were leaked from the Panama Papers. These comprised million confidential documents developed by the Panamanian corporate services provider Mossack Fonseca. Singh, his wife, son, daughter Pia, and her husband Timmy Sarna were all named as those who set up offshore companies in the British Virgin Islands.
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Kushal Pal Singh is an Indian billionaire real estate developer and the former chairman of DLF Limited. He is currently the Chairman Emeritus of DLF.
K.P. Singh completed his science degree from Meerut College and then pursued aeronautical engineering in the UK.
He received the Padma Bhushan in , Forbes recognition as the 8th richest person in the world in , the Entrepreneur of the Year award in , and more.