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Subhash Chandra – Billinaire

Subhash Chandra
Dr. Subhash Chandra .jpg

Subhash Chandra
Member of Parliament of Rajya Sabha from Haryana
Incumbent
Assumed office
2 August 2016
Preceded by Suresh Prabhu, BJP
Constituency Haryana State
Personal details
Born 30 November 1950 (age 66)
Hisar district, Punjab, India
Nationality Indian
Political party Independent
Residence Mumbai, Maharashtra, India
Occupation Founder & Chairman of Essel Group
Known for Media mogul
Net worth Increase US$ 4.7 billion
Religion Hinduism
Website www.drsubhashchandra.com

Subhash Chandra (born Subhash Chandra Goel on 30 November 1950) is an Indian media baron with interests in packaging, media lottery and cinema. He is chairman of Essel Group, an Indian conglomerate. He was former Chairman of India’s TV channel network Zee Media, but resigned as Director & Non-Executive Chairman of the Company with effect from 24 May 2016. He has been elected to the Upper House of Indian parliament from the Haryana state in Rajya Sabha election, 2016 on 11 June 2016. He has an honorary degree from UEL.

Early years

Subhash Chandra was born on 30 November 1950 in a village in Hisar district, Haryana. In 1970, while he was studying in 10th grade he dropped out of school to join family business of commission agent and trader who procured and supplied rice to Food Corporation of India. In 1980s he started manufacturing flexible packaging (mainly plastic tubes) for toothpaste, etc. under the name Essel Packaging. He followed up with a leisure park EsselWorld in north Mumbai, then known as Bombay. In 1992, he launched Zee Television, in collaboration with Li Ka Shing and first online lottery and first Dish TV in India.

Business

His channel Zee TV competes with, among others, Sony Entertainment Television and STAR Plus. His TV channels, numbering up to 70, including those in local language Hindi reach 959 millions people spread over 169 countries. He launched India’s first satellite TV channel, Zee TV, in 1992. Other interests include packaging, theme parks, lotteries and cinema multiplexes. He started the failed Indian Cricket League, a domestic Twenty20 cricket league intended as a challenge to the Board of Control for Cricket in India, the nation’s governing body in Cricket. In November 2009, he took over management responsibility of Daily News and Analysis (DNA), which features among the top 8 English dailies in India and is one of fastest growing English newspapers in the country.

Source:wikipedia

 

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