Subhash Chandra (born in Hissar, a small town in north India) from a business family to become a business baron with varied interest from satellite television, entertainment, lotteries, cinema multiplexes and many others. He is also known to be a philanthropists. He is the Chairman of Essel Group. Chandra is listed at the 29th position in the Forbes list of India’s Richest with a net worth of $900 million.
Education & Career of Subhash Chandra
Subhash Chandra started off as a rice trader at the age of 19. He launched a satellite television, Zee TV in 1991 with more than 500 million viewers in 120 countries.
He established a vegetable oil which achieved a turnover of US$ 2.5 million. He started Essel Propack, a packaging business, in 1981, which soon became the largest specialty packaging company in the world. He went on to establish the largest amusement and theme parks EsselWorld, Asia’s first eco-friendly amusement, and Water Kingdom in over 64-acres of land in Mumbai.
He was the first to introduce online lottery in the country. He is also credited with being the first to being telecommunications based on satellite and digital wireless communication. He started a domestic Twenty20 cricket league, the Indian Cricket League, posing a challenge to the Board of Control for Cricket in India, the governing body of cricket.
Awards and Achievements for Subhash Chandra
Subhash Chandra received a number of awards and honors such as Entrepreneur of the Year Award by Ernst W& Young (1999); and Businessman of the Year of Business Standard (1999). He was also the Chairman of the Confederation of Indian Industry (CII) and voted Enterprising CEO of the year 1999 by International Brand Summit.
Transnational Alternate Learning for Emancipation and Empowerment through Multimedia (TALEEM) is yet another initiative offering quality distance and open learning. He is also the President of the Global Vipassana Foundation, himself being a Vipassana meditator. Ekal Vidyalaya Foundation of India which he founded promotes non-formal one teacher schools. The Brain Trust of India which he set up identifies and nurtures gifted children.