Forbes' New Billionaire: Gautam Adani's Khevenhar, Rajeev Jain included in Forbes list for the first time

Industrialist Gautam Adani was once the third richest person in the world. Recently such a situation came in his life that he too had to take someone's help. In this difficult time, Rajeev Jain became his shepherd, who has been included in the Forbes rich list for the first time. Who is Rajeev Jain?

Industrialist Gautam Adani decided the scope of 'Arsh-o-Farsh' in the beginning of the year 2023 itself. When his difficult days began after the report of Hindenburg Research, then a person came forward as his shepherd. This investor named Rajeev Jain made headlines last month by investing Rs 15,446 crore in Adani Group. Now this person has also made an entry in the Forbes rich list for the first time. After all, who is this Rajeev Jain?

Rajeev Jain extended a helping hand to Adani Group when he was facing disappointment from all sides. Group companies were under pressure to repay the loan as soon as possible and the shares of the companies were falling. Then Rajiv Jain's investment gave a sigh of relief and people's trust in the shares of Adani Group companies started increasing again.

Jain's assets more than 16,000 crores

According to Forbes' Rich List 2023, Rajeev Jain's net worth is around $2 billion. If you negotiate in rupees, then it will sit more than Rs 16,300 crore. Rajiv Jain is the co-founder and chairman of the investment company named GQG Partners. His stake in GQG Partners is around 69 per cent, which works out to $2 billion.

Handles business of 7.5 lakh crores

According to the Forbes list last month, Rajeev Jain started his company in 2016 with current CEO Tim Carver. Today this company handles a business of more than Rs 7.5 lakh crore. Meaning that the company's asset under management is more than $ 92 billion.

Former student of Punjab University

Rajeev Jain was born in India. He has a degree in accounting from Punjab University, Chandigarh. Whereas from Ajmer University, he has completed his master's degree in finance. Not only this, he had moved to Miami to pursue MBA in Finance and International Business.

Rajiv Jain has worked from Swiss Bank Corporation to Swiss Asset Management Company Vontobel. He has been the lead portfolio manager of his era.

Investment from Reliance to SBI

Rajiv Jain has not only invested in Adani Group companies, but he also has investments in Mukesh Ambani's Reliance Industries, State Bank of India, HDFC, ICICI Bank and ITC.