Ghanshyam Das Birla Age Biography Family Net Worth Businessman

Biography of Ghanshyam Das Birla

Ghanshyam’s original name is Ghanshyam Das Birla. He is a very successful and experienced businessman. Moreover, he belongs to the famous Birla family which is well-known in India and has a lot of wealth.

Being a very successful businessman, Ghanshyam Das also did not look back and did not want to suffer any financial losses again. He is also considered as the luckiest businessman as he never suffered losses or resentments after entering the business world.

When Ghanshyam Das founded the company, India was gaining independence from Britain, which was in power at the time. The British supported Das and were his good friends. He founded the multi-billion dollar Birla family.

Ghanshyam Das Birla’s Age

Ghanshyam Das Birla was born on 10 April 1894. Ghanshyam Das Birla was 89 years old when he died. He died of old age and physical ailments on 11 June 1983. Ghanshyam Das Birla’s zodiac sign is Taurus.

Ghanshyam Das Birla Family

Ghanshyam Das Birla was born into a Marwari Maheshwari family in the small town of Pilani in the state of Rajasthan, India. Ghanshyam Das Birla’s grandfather was a Marwari businessman who made his living as a money lender. The birthplace of Ghanshyam Das Birla, a Marwari Maheshwari, is located in the Jhunjhunu district of Pilani town in the Rajputana region.

Ghanshyam Das Birla’s father was Raja Baldevdas Birla. Baldeo Das Birla visited Bombay in 1884 AD in search of new trading opportunities. Shiv Narian Baldeo Das was established in Bombay in 1884 and Baldeo Das Jugal Kishore was established in Calcutta in 1897. These companies initially traded in silver, cotton, grains and other commodities. Ghanshyam Das Birla’s four sons Jugal Kishore Rameshwar Das, Ghanshyam Das and Braj Mohan inherited his business. The richest of the four brothers was Ghanshyam Das.

After the death of his first wife, GD Birla remarried. His three sons are Lakshmi Nivas (son of his first wife Durga Devi), Krishna Kumar and Basant Kumar (both sons of his second wife Mahadevi Birla). He has one great-grandson named Kumar Mangalam Birla.

Ghanshyam Das Birla’s Education

GD Birla did not receive formal education until the age of 11, after which he followed in the footsteps of his father, Baldeodas, in the family trading business, first in Bombay and then in Kolkata.

Ghanshyam Das Birla’s marriage

He was married twice in his life. Laxmi Niwas Sudarshan Kumar and Siddharth were his three sons with his first wife Durga Devi, while KK

Birla and Basant Kumar are his two sons from his second wife Maheshwari Devi. GD was married twice as his first wife died when he was young. Birla has one son (Lakshmi Nivas) from his second wife and two sons (Basant Kumar and Krishna Kumar) from his first wife

Lakshmi Nivas’s brother Jugal Kishore adopted her, while Ganshyam’s great-grandson is Kumar Mangalam Billa. Ganshyam died in London on June 11, 1983. In addition, a memorial was erected for him at the Golders Green Crematorium in London, and there is a huge statue overlooking the garden.

Ghanshyam Das Birla’s Career

After taking over the family business, GD Birla worked to further diversify the business. He is the progenitor of at least three of these modern family business organizations that still operate in India. He wanted to transform the money lending side of these companies into manufacturing. Next, he headed to Bengal, the country’s largest producer of jute, specifically Kolkata.

There he started out on his own as a jute broker. In 1918, he founded Birla Jute Mills, much to the dismay of established European merchants who were favoured by the British government’s partiality policy over their neighbouring Bengali merchants.

English and Scottish businessmen tried to shut down his business through unethical and monopolistic practices, but he overcame the odds. After World War I, Birla’s company grew rapidly, causing supply problems throughout the British Empire.

In 1919, Birla Brothers Limited was incorporated with an investment of Rs 50 lakh. In the same year, a factory was set up in Gwalior. In 1926, he was elected as a member of the Central Legislative Assembly of British India. In 1932, he was elected as the first president of the Ladies’ Voluntary Service Corps founded by Mahatma Gandhi in Delhi.

He entered the automobile industry in the 1940s and founded Hindustan Motors. After Birla gained independence by acquiring former European companies, he began investing in tea and textiles. He also expanded into industries such as steel pipes, cement, chemicals and rayon.

United Commercial Bank Limited was formed to fulfill Ghanshyam das Birla’s vision of organizing a commercial bank with Indian capital and management during the Quit India Movement in 1942. UCO Bank is one of the oldest and most important commercial banks in India, formerly known as United Commercial Bank. The bank was established in Kolkata in 1943. He entered the automobile industry in the 1940s and founded Hindustan Motors. After gaining independence through successive acquisitions of former European companies, Birla started investing in tea and textiles.

He also developed and ventured into industries like steel pipes, cement, chemicals and rayon. United Commercial Bank Limited was established to fulfill Ghanshyam Das Birla’s vision of organizing a commercial bank with Indian capital and management during the Quit India Movement in 1942. UCO Bank (formerly known as United Commercial Bank) is one of the oldest and most important commercial banks in India. It was established in 1943 in Kolkata.

The Centre of Excellence in Textile Education and Training is another development of TIT&S. In addition, the Birla School in Kalyan, India was also established by him with the help of the Kalyan Civic Education Society. His son BK Birla also established a first-class boarding school in his name, the GD Birla Memorial School Ranikhet, which is currently one of the best boarding schools in India (KCES).

In 1957, he was awarded the Padma Vibhushan, India’s second highest civilian honour, by the Government of India. Ghanshyam Das Birla died in London on 11 June 1983 at the age of 89. A memorial was erected in his honour at Golders Green Crematorium, Hoop Lane, London. The memorial consists of a large statue with an inscription overlooking the gardens.

Ghanshyam Das Birla Net Worth

Ghanshyam Das was born into an upper-class family, the Birla family he was born into was the richest family in the world at that time. Both his parents were very good, very kind and very beautiful.

Ghanshyam Das has won the admiration of his parents. Ghanshyam Das’ net worth is over $14.1 billion, which is equivalent to nearly 10,000 crore Indian rupees (INR).

11 Interesting Facts About Ghanshyam Das Birla

• Ganshyam was very active in politics and devoted a lot of time and energy to Gandhi’s Khadi movement.
• Ganshyam is a nationalist businessman who built a vast business empire from scratch in less than 20 years.
• After his wife Maheshwari Devi passed away, Ganshyam left the children in the care of his extended family. When the children grew up, Ganshyam sent them to learn business skills from other local merchants. This gave them a means of livelihood and taught them how to make money.
• In 1926, he was elected as a member of the Central Legislative Assembly of British India.
• Gandhiji spent the last four months of his life at his Birla home in New Delhi, where he lived out his final days.
• In 1942, during the Quit India Movement, Ganshyam came up with the idea of ​​starting a commercial bank. The result was the United Commercial Bank Limited. One of the first commercial banks in India, it is now known as UCO Bank.
• He first dealt with the British when he was only 16 years old and under British rule. From then on, he started working independently as a broker. His clients were British.
• Ganshyam was also forced to go underground for three months due to his alleged involvement in the famous Rhoda-Cartlidge affair.
• Ganshyam was often teased when doing business with the British because he was not allowed to use their benches or elevators.
• Ghanshyam published the correspondence between him and Mahatma Gandhi in four volumes titled Bapu: A Unique Association.
• GD Birla built the Birla Building, Birla Haveli, using funds from the Kolkata Jute Mills.

Copy this article Ghanshyam Das Birla Age Biography Family Net Worth Businessman

please put the source on the website dut.edu.vn

Categories: Biography
Source: dut.edu.vn