02 September 2008

Rakesh Wadhawan & family - Fobs - The World's Indian Billionaires

#428 Rakesh Wadhawan & family

Age: 56

Fortune: inherited

Source: real estate

Net Worth: $2.7 bil

Country Of Citizenship: India

Residence: Mumbai , India.

Industry: Real Estate

Marital Status: married, 2 children

Education: Bombay University, Bachelor of Arts / Science

Started, with late older brother Rajesh, Dewan Housing & Finance, among India's earliest mortgage firms. Now chairs real estate firm Housing Development & Infrastructure Ltd., whose listing last July made him a billionaire. A leader in Mumbai's slum redevelopment market, company bagged major project to clear slums around Mumbai airport last October.

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