ishara nanayakkara net worth

Mr Nanayakkaras involvement in the Boards of Brown and Company PLC, Agstar Fertilizers PLC, Associated Battery Manufacturers (Cey) Ltd and Sierra Constructions Ltd, reflects this business philosophy. [1] He is currently serving as the deputy group chairman of the LOLC Holdings. [1] He is currently serving as the deputy group chairman of the LOLC Holdings. Ishara Nanayakkara's successful career has earned him some luxurious lifestyles and some fancy cars. 4.8 billion worth of shares traded, was the biggest contributor to Rs. ishara nanayakkara net worthfun date activities in brooklyn ishara nanayakkara net worth. Print Edition. Following Yaddehige is G.C. As of 2021, he is the number one richest businessman in Sri Lanka. When the sails went up and the yachts breezed ahead with the wind, cheers filled the air. Read the complete write-up of Ishara Nanayakkara net worth, age, height, family, wife, children, business, investments as well as other information you need to know. For the week LOLCs gain was 55% or Rs. Nanayakkara had been given Rs 1,500 million per km more than the estimated cost for the expressway. Mr. Nanayakkaras interest in microfinance lead to the inauguration of LOLC Myanmar Micro Finance Company Ltd, a green field investment in Myanmar in which he was the founding Chairman, and currently serves as a Director. Roshan Perera is the richest person in Sri Lanka in 2022 Roshan Perera (born 2 April 1976) is a Sri Lankan entrepreneur, business magnate, investor and philanthropist. NP Capital Group 2023. Nanayakkara told The Sunday Leader, that after watching the events over the years, they identified a different approach to the eradication of terror on the island from 2006 onwards and had no hesitation in being positive. [6], He was appointed as chairman of LOLC in 2018 after previously serving as a board member from 2002 to 2018. All values relate to Capital gains whether realised or not. Himashi Athapaththu. Ishara Nanayakkara net worth 895 Thousand Millions of dollars 79% Net worth score Disclamer: Ishara Nanayakkara net worth displayed here are calculated based on a combination social factors. With the proposed sale his asset value has increased over Rs 100 billion surpassing Dammika Perara. 110 billion, it is being said that LOLC Group Deputy Chairman Ishara Nanayakkara is the richest man in Sri Lanka, a tag he told the Daily FT prefers to shun. He was also recently appointed as a director in LOLC International Private Limited & LOLC Private Limited. His stake in LOLC (48.9% of the comapny) is alone worth Rs 265 billion. Brokers confirm that with just the one strategic purchase made during the war, he netted gains in excess of Rs. In the past two days, LOLCs share price has declined, though the Company believes there is upward momentum. They will have the biggest volume & gain for many weeks to come. Required fields are marked *. 440 b Fluctuations expose fluidity of market value He was also the Chairman of Ishara Plantations (Pvt) Ltd an Award Winning Estate of Tea and Spices and was the the Chairman of Ishara Property Development, a company which has been involved in construction for the past 18 years. Companies belonging to Ishara Nanayakkara, namely Oxford Capital Pvt Limited and Churchill Capital Pvt Limited sold their shares in Browns Investments to Brown and Company, stock market analysts said. Ishara Nanayakkara net worth is estimated at around $1.2 billion. LOLCs investment pipeline is promising, with handpicked locations such as Egypt, Uganda, India, and some strategic locations in the African and Asian markets. Disclamer: Ishara Nanayakkara net worth displayed here are calculated based on a combination social factors. Based in the United Kingdom Dr. Yaddehige holds a lucrative patent for products that are widely used in Mercedes Benz and BMW cars. His strategic investment paid off handsomely when he sold his controlling interest in the hotel just as the war was being won. 122 Billion. I am interested in a price quote on this vehicle. 3 Billion in the process in capital gains realised and unrealised. With the family fortune estimated at well over Rs. This saw its market capitalisation peaking to Rs. In September 2018, he resigned from the Board of Directors of Seylan Bank. Exhibiting a great sense of leadership, courage and purpose, Mr. Rajah Nanayakkara was and will remain a stalwart in the Vehicle Import Industry of Sri Lanka. He initially ventured into the arena of financial services with a strategic investment in Lanka ORIX Leasing Company PLC and was appointed to its Board in 2002. LOLC ended 2020 at number eight with a value of Rs. This transaction will further strengthen our balance sheet, and we are very positive about the outlook, said Nanayakkara and Jayawardena. Web: Free Nanayakkara results at FamilySearch.org. He was also the CEO of Bellucci Sri Lanka (pvt) Ltd in 1996 which he made into Asia's largest ceramic figurine manufacturing company. NDB Bank, DFCC are a few to be mentioned and he too benefited by investing during the war and taking that risk. Under his leadership, LOLC also reached total assets amounting to 1.008 trillion as of December 2018. Others Named Ishara Nanayakkara. Shani Vidnika. Good article. LOLC Holdings finished FY20 as the conglomerate with highest after tax profit of Rs. All rights reserved, David Pieris, Indra Silva and Nimal Perera among main buyers of ComBank shares. Nanayakkara is a material shareholder of the bank through LOLC Investments which owns 9.55%, and Brown and Company which owns 13.87% of the voting shares. His daughter Liza Captain who is at number 10 on the list has her shareholding valued at close to 2.5 billion rupees. While LOLC is now on track to be a global player, Sri Lanka has built the foundation for our experience and proficiency and will remain the centre of our operations, they added. One of Sri Lankas most controversial and successful businessmen, is widely held to control Distilleries Company of Sri Lanka, Stassens Exports, Millford Exports and Aitken Spence through indirect companies and has a variety of significant holdings usually held indirectly in entities such as HNB and Commercial Bank. A group of 20 investors, led by businessman Dhammika Perera, drive the Colombo Stock Exchanges top 40 quoted companies and have holdings collectively worth Rs. This will be a miracle with these crooks. On Monday, LOLC formally announced it was selling the 70% stake in Cambodias largest microfinance company, PRASAC, to Koreas biggest commercial bank, Kookmin, for a staggering $ 603 million, or Rs. He received the prestigious Young Entrepreneur of the Year award at the Asia Pacific Entrepreneurship Awards in 2012. Wickremesinghe formerly of Aitken Spence who is also valued at close to two billion. In contrast, coming from a different background, hence a more challenging effort to the pinnacle, market cap of Dhammika-controlled companies or with influence or stake was worth Rs. Financial sources estimated that Perera had twice found his wealth reduced to zero before he embarked on his now successful route. 108.5 b impending deal by LOLC but share price soars, No. LinkedIn Ishara The late Mr. Rajah Nanayakkara was the Founder and Executive Chairman of Ishara Traders (Pvt) Ltd, a business which pioneered the import and sale of new and reconditioned motor vehicles. Przeczytaj kompletny wpis Ishara Nanayakkara net worth, age, height, family, wife, children, business, investments as well as other information you need to know. Hiruni Ishara. Mr AM Weerasinghe 1,575,421,959, 19. I think it is safe to say that this transaction surpasses all other transactions in Sri Lankan corporate history, Jayawardena added. 210 billion, a rank it has enjoyed for four consecutive years. Nimal Perera Mid-range Apartments Lands and Bungalows in Nuwara Eliya Beachfront property Houses in Battaramulla area Cultivation lands Investment Lands within 1 hour of Colombo Commercial property for sale in Colombo Hotels for Sale Brand new apartment Beachfront properties Tools & Advice ROI calculator Trending Properties Top Investment properties Model. By Nisthar Cassim You can eat nothing or just consume satvik food such as fruits and milk. He was also appointed to the Board of Directors of LOLC in 2002. Mr. Ishara Nanayakkara is a prominent entrepreneur serving on the Boards of many corporates and conglomerates in the region. He initially ventured into the arena of financial services with a strategic investment in Lanka ORIX Leasing Company PLC and was appointed to the Board in 2002. 469 billion or above 12% of the total market cap of CSE. He is currently serving as the deputy group chairman of LOLC Holdings. Dr. Sena Yaddehige Some critics viewed the share sub division as a means to ward off a possible hostile takeover but others dismissed it saying Dhammika had enough control and had gone public saying he preferred 51% holding only in most cases. 124.50 to Rs. In 2013, Perera became Sri Lanka's wealthiest individual with a net worth of LKR72.6 Billion (approx. 36 Billion. The duo may harbour other plans or acquisitions in mind, however, as of Friday, young business leader Ishara Nanayakkara reigned as Most Valuable, after the slightly more senior Dhammika Perera the previous day, taking the Colombo Bourse to dizzy heights with a mega move. Harry Jayawardena Natasha Nanayakkara Net worth. 110 billion proves its original instinct and foresight. The exit from its first overseas investment, made in 2007 in PRASAC in Cambodia, is estimated to deliver hefty capital gains. His father Rajah Nanayakkara was also a prominent businessman and he died in 2017 at the age of 77. Ishara Nanayakkara Educ: Dandenong College. Sri Lanka View. Model. LOLC Location no.24 Anagarika Dharmapala Mawatha, Matara, Southern, 81000, Sri Lanka Description Read More Industry Finance General Finance Discover more about LOLC document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Home The 20 Billionaires Of Sri Lankas Stock Market. Ishara Chinthaka Nanayakkara to lankijski przedsibiorca i biznesmen. If 100,000 elder care assistants are produced with a monthly salary of USD1,200, Sri Lanka can earn USD1 billion worth of inward worker remittances. Ishara Silva has a diversified portfolio with capital gains recorded at Rs 7.2 Billion, principally invested in the banking sector with holdings in NDB, HNB, Sampath Bank, Nations Trust Bank and Commercial Bank. 70 Billion taking the top slot, similar to Warren Buffet and the Buffetology concept he has unknowingly created Dhammikology which some investors have followed and made billions! LOLC's Cambodian. Normally the ad cost for an Instagram ad post is based on the number of followers on the account. Chairman of State Pharmaceutical Corporation. The resultant Net Assets Value per Share as at the year-end was Rs. Top Five Genealogy Databases to Search for Nanayakkara. His main source of income is from his private investments. 1.6 b | Daily FT", https://en.wikipedia.org/w/index.php?title=Ishara_Nanayakkara&oldid=1140299247, This page was last edited on 19 February 2023, at 12:41. When contacted he said he does not buy to sell tomorrow, but with a long term strategic view of taking control. Tomorrow LOLC will conduct whole market. Naduni Parami. Begins - 05:33 PM, Dec 17. Founder of Taprobane Fund Management Pvt Ltd., Ishara Chinthaka Nanayakkara is a businessperson who has been at the head of 23 different companies and occupies the position of Executive Chairman of Browns Investments Plc, Chairman of Tropical Villas Pvt Ltd. (a subsidiary of Browns Investments Plc), Chairman for SLINTEC (Pvt) Ltd., Executive Chairman at Lolc Life Assurance Co. Ltd., Managing Director & Director at Ishara Traders Pvt Ltd., Chairman of Commercial Leasing Co. Ltd., Executive Chairman for Brown & Co. PLC, Chairman at LOLC Micro Credit Ltd., Executive Chairman of Browns Group Industries (Pvt) Ltd. and Deputy Chairman of LOLC Mauritius. As of 2021, he is the number one richest businessman in Sri Lanka. From a country perspective, look at the amount of foreign currency inflow to Sri Lanka as a result of this transaction. He is followed by Ishara Nanayakkara of the Lanka Orix Leasing Company (LOLC) at 1.7 billion. He is also the Deputy Chairman of Seylan Bank PLC, a premier commercial bank in the country. LOLC Chairman Ishara Nanayakkara and High Commissioner Veluppillai Kananathan unveiled the statue at an auspicious time on 14 July, 2021 in the presence of members of Sri Lanka community in Nairobi. Hayleys rose by 53% to Rs. Nanyakkara has surpassed Perera as a result of A Korean bank interest to buy LOLCs Cambodian microfinance arm for a staggering $ 603.4 million or Rs. LOLC is part of the Finance industry, and located in Sri Lanka. In less than 20 trading days this year, the market has gained by 25%. orzo recipes with chorizo; jcpenney return policy no receipt; primary care doctors that accept medicaid in colorado springs Lawland. Eshana De Silva With the family fortune estimated at well over Rs. Today, he is the . Dear Harsha, If LG polls are important, why dont you resign parliament and contest an LGA in remote Sri Lanka?, Whatever it is, for an ordinary citizen ( Local & foreign), as he is the Prime Minister of Sri Lanka,, The above is applicable to Duel Citizenship as well. Facebook gives people the. Some even assumed the duo and their auras or investor fans were behind last weeks phenomenal stock market rally. Dr. R. Sentheivel Sales Executive Ali Bin Ali Group Sep, 2017 - Present Doha, Qatar Merchandiser - PRASAC has a lending book of $ 2.5 billion, $ 1,727 million in deposits, $ 2,987 million in total assets, and a customer base of 418,000 as at November 2019. Our examination of the data from the Colombo Stock Exchange revealed that businessman Dhammika Perera easily led the way with the value of shares owned by him at over Rs. His investments in the stock market have been more acquisition led than trading. 60 billion turnover last week. The Exchanges top quoted companies have produced phenomenal results with rising stock prices after the war and the group now have capital gains collectively worth over Rs 122 Billion. Thirty years later, Ishara Traders remains an industry leader. Ishara Traders (Pvt) Ltd began its journey in 1973. Today, he is the Deputy Chairman of LOLC and the Executive Deputy Chairman of LOLC Finance PLC, holding directorships in many of its subsidiaries and associate companies. With the proposed sale, his assets have surpassed Dhammika Perera by over Rs. Ashok Pathirage 221.8 billion) and Ceylon Tobacco (Rs. He holds a diploma in Business Accounting from Australias Dandenong College. LOLC's market capitalization has risen to 70 billion rupees as a result of its acquisition of 108.5 billion rupees. This is in addition to operations in the Philippines, Indonesia, Myanmar, Pakistan, and the Sultanate of Oman, and a growing footprint in Africa as well through Sierra Leone. Ishara Chinthaka Nanayakkara is a Sri Lankan entrepreneur and businessman. Ishara Nanayakkara works in the industry of Business Services General , Business Services . Nahil Wijesuriya Total combined voting power of both entities is 23.42%. Individually the duo will deny they are at loggerheads or racing against each other and insist they have better things to do like continuing to drive value in their respective businesses, but with the stock market soaring, analysts and investors have indeed been pitting the two against each other. Both LOLC and Hayleys were biggest contributors to the rise in All Share Price Index (ASPI) last week with over 135 points and 44 points, whilst Dhammikas Group had five more contributors, including Vallibel One, Haycarb, Dipped Products and Royal Ceramics. Not the Ishara Nanayakkara you were looking for? Though some counters cooled off on Friday, most of Dhammikas stocks closed the week at all-time high. LOLC Chairman Ishara Nanayakkara has surpassed Dhammika Perera to become the richest man in Sri Lanka. His investment strategy is purely driven by profit and Perera hardly ever takes a medium or long term investment. Under Mr. Nanayakkaras guidance, the Company has excelled in uplifting and empowering entrepreneurs throughout the nation, building a sustainable legacy- one that today extends well beyond Sri Lanka. 2 Billion on trading. 167 billion, ranking at number three behind premier blue chip John Keells Holdings (Rs. 110 billion. He was also appointed to the Board of Directors of LOLC in 2002. Hayleys ended FY20 as number one with a consolidated revenue of Rs. Religious observances including chanting of Gatha, Buddha Pooja and worship were conducted during this event. Sri Lanka spot market resumes, rupee closes stronger at Rs350/357 to dollar, Why a 'dramatic' drop in freight rates is 'double-edged' for procurement, Wheat Futures Drop to 17-Month Low Amid Ample Supplies, Fertilizer Prices Down More Than 40% Since Last Spring; Significant Price Declines Continue, DTN, Bitcoin and Cryptocurrency: Myths and realities The Beginning, Re: Ishara Nanayakkara becomes the richest man in Sri Lanka, Sri Lanka: LOLC Ishara Nanayakkara's Father Ishara Traders - LOLC Chairman Rajah Mahinda Nanayakkara Passes Away, Browns Investment PLC (BIL) --- Why 370 mn shares brought by Ishara Nanayakkara. Pathirage is credited with having invested heavily but strategically during the war years, enabling his companies to gain control and record impressive capital gains. Ms. Rohini L. Nanayakkara is Chairman at Agrisil Holdings Ltd., Chairman at ARRC Capital (Pvt) Ltd., Chairman at Aureos Lanka Advisers Pvt Ltd., Chairman at Ayojana Fund Pvt Ltd., Chairman at BG Air Services (Pvt) Ltd., Chairman at Browns Capital Pvt Ltd., Chairman at Browns Group Industries (Pvt) Ltd., Chairman at Browns Group Motels Ltd., 400 billion. 752, Hayleys Fibre by 76%, and LB Finance by 54%. The founder of Royal Ceramics who sold his majority holding to Dhammika Perera, A. M. Weerasinghe has capital gains of Rs 1.5 Billion and continues as Chairman of Royal Ceramics. Skillful steering! He also has a 45% interest in the non-voting shares through companies he controls. Nanayakkara says what was important is not why LOLC sold PRASAC, but to whom, and showcased the profile of Koreas Kookmin Bank, which has over $ 300 billion assets under management. His entry and exits are usually quick. Ishara Nanayakkara PRASAC is valued at $ 862 million, and the sales proceeds will be received in two tranches: $ 422 m once the regulatory approvals are met, which is expected to be before or by end March 2020; and the balance $ 181 million in 2022. His portfolio includes strategic holdings in a variety of major listed companies and brokers credit him with investing heavily during the war. What is Ishara Nanayakkara net worth? Claiming the title of most profitable listed entity in Sri Lanka, with a trillion-asset company and over a billion dollars in equity, LOLC in a short span of time has truly emerged, in the words of Ishara, as a Sri Lankan global player. Having grown operations in over 10 countries, 80% of LOLCs Profit before Tax comes from overseas investments. As of December 2019, he is the richest man in Sri Lanka. Ishara Nanayakkara is one of Sri Lanka's leading entrepreneurs, whose strategic vision and intrepid spirit have led to the establishment of businesses of formidable strength in multiple industries, markets and geographies. Michael Kay (sports broadcaster) net worth, AADOM Radio-THE Podcast For Dental Managers podcast episodes, Risk and Reels: A Cybersecurity Podcast podcast episodes, All About Affordable NFTs podcast episodes, We Are The Gayers | A Buffy Podcast podcast episodes, The Lorehounds: A Mandalorian Podcast podcast episodes, The Not Ready for Prime Time Podcast podcast episodes, The Movie Roulette Podcast podcast episodes, I Watch More Movies Than You podcast episodes, The House That Screams Horror Podcast podcast episodes, Weird, Together: Watching the Latest in Indie Horror Films podcast episodes. Having traded on the Colombo exchange for a number of years Devasurendra is reported by brokers to having made easily in excess of Rs. ishara nanayakkara net worth. Lesen Sie die vollstndige Niederschrift von Ishara Nanayakkara Netto-Wert, Alter, Gre, Familie, Frau, Kinder, Unternehmen, Investitionen sowie andere Informationen, die Sie wissen mssen. We recognize Ishara Nanayakkara as the son of Deshamanya Raja Nanayakkara from Ishara Traders Pvt.LOLC .LOLC o 603.4 . Ishara Nanayakkara Executive Chairman Kapila Jayawardena Non-Executive Director Kalsha Amarasinghe Non-Executive Director As of December 2019, he is the richest man in Sri Lanka. He is one of the richest people in Sri Lanka. Associated Battery Manufacturers Ceylon Ltd. On March 24, the International Olympic Committee (IOC) announced the 2020 Olympic Games in Tokyo have been postponed until 2021 over fears of the coronavirus, also called COVID-19. Mr. Ishara Nanayakkara is a prominent entrepreneur serving on the Boards of many corporates and conglomerates in the region. sbcglobal.net; go2uti.com; aol.com; 2 616-662-XXXX; 616-890-XXXX; Brian Almind DSV A and S - Executive Vice President, Group Property . Nanayakkara told The Sunday Leader, that after watching the events over the years, they identified a different approach to the eradication of terror on the island from 2006 onwards and had no hesitation in being positive. Mrs KU Amerasinghe 1,500,866,000, 20. Please only use it for a guidance and Ishara Nanayakkara's actual income may vary a lot from the dollar amount shown above. His vision to cater to the entire value chain of the finance sector manifested in the development of Micro Finance, Islamic Finance, factoring through LOLC Factors, LOLC Life & General Insurance Companies and stock broking through LOLC Securities Ltd. Leveraging LOLC Groups expertise in the SME sector, the expansion into the Micro Sector was spearheaded by Mr. Nanayakkara, who is the Chairman of their Micro Credit Companies: LOLC Micro Credit Company Ltd, the only private sector microfinance institution in the country with foreign equity, and BRAC Lanka Finance PLC. Nanayakkara has recorded big capital gains especially made when being positive about Sri Lankas economy during the war years. Ishara Nanayakkara becomes the richest man in Sri Lanka surpassing Dammika Perera. His main source of income is from his private investments. Warren Buffet, has this to say of Financial Analysts: Wall Street is the only place that people arrive in a Rolls Royce to get advice from those that arrive by Subway. If you need more lookups, subscriptions start at $39 USD/month. BIL with Rs. He holds a diploma in Business Accounting from Australia. Model. Dhammika had three contributors in the top 10 with Hayleys with Rs. Isharas father Rajah was an entrepreneur and founded the automobile industry Ishara Traders in 1973 which is now regarded as the pioneer in importing reconditioned repaired vehicles from Japan to Sri Lanka. Find contacts: direct phone number, email address, work experience. Brokers confirm that De Silva has traded strategically in the market, netting some Rs. Mrs TA Selvaratnam 2,340,725,010, 13. It's actually a myth about how to make money on Facebook Ishara Chinthaka Nanayakkara is a Sri Lankan entrepreneur and businessman. Ishara Nanayakkara owns more than 50% of LOLC Holdings, which owns LOLC's microfinance division in Cambodia. Please login or register, Last edited by Quibit on Sun Dec 29, 2019 4:12 pm; edited 11 times in total, FINANCIAL CHRONICLECORPORATE CHRONICLEIshara Nanayakkara becomes the richest man in Sri Lanka, Permissions in this forum: You can reply to topics in this forum. 1 Billion. #sri_lanka #politics #parliament Under his leadership, LOLC also reached total assets amounting to 1.008 trillion as of December 2018. LOLC Group Managing Director Kapila Jayawardena, who was associated with the interview, chipped in, saying the deal was a significant milestone for LOLC as well as for Sri Lanka. By Lilli Petersen Verified, Ishara Nanayakkara, Lara Walsh Verified | Elite Daily Verified. LOLC and gain by Browns Investments gave the edge to Ishara over Dhammika. Second to Perera is Sohli Captain whose investment in John Keels Holdings alone is valued at around Rs. Apumone 2023 All Rights Reserved -DMCA protected, Ishara Nanayakkara Net Worth 2022, Age, Height, Wife, Children, Business. Mrs. T. A. Selvaratnam represents old money and her shareholding at Ceylon Theatres records a capital gains figure of Rs 2.3 Billion. 351.25. 1 Billion or approximately US$ 10 Million. Ishara Nanayakkara pursued his career in financial services and started investing in finance companies such as LOLC. Six of Dhammika-connected companies topped the gainers list last week. ISHARA NANAYAKKARA (Non-Executive Director) Mr. ISHARA NANAYAKKARA is prominent entrepreneur serving on the Boards of many corporates and conglomerates in the region. Both fast-growing multinationals from Sri Lanka, Hayleys has a better investor participation with a public float of 37% with nearly 6,400 shareholders. Ishara Nanayakkara Rhodes Scholarship Finalist | Roosevelt Fellow, The Council of State Governments | Lyman T. Johnson Fellow, University of Kentucky Lexington, Kentucky, United States 459. Your email address will not be published. Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka, You are not connected. T&C. Ruwini JAYAWARDANA. Wstp. Join Facebook to connect with Ishara Nanayakkara and others you may know. Live from. Market analysts estimate LOLCs original investment in PRASAC was about Rs. of Renuka Hotel fame is a seasoned investor on the Colombo Stock Exchange with holdings in a variety of companies. The Sri Lankan Equivalent of Warren Buffets company Berkshire Hathaway, is the recently launched Vallibel One which created unprecedented euphoria amongst investors. It is an accolade, but not a goal, at least for me. Ishara Nanayakkara becomes the 2020 richest man in Sri Lanka surpassing Dammika Perera. Dr Sena Yaddehige 1,941,566,790, 14. [7][8] In 2019, he eventually toppled Dhammika Perera to become the richest person in Sri Lanka after a Korean bank came forward with interest and intention to buy the LOLC's subsidiary Cambodian microfinance arm for a staggering US$603.4 million. Ajith Devasurendra known as the King of Bonds has diversified holdings including Browns and Asian Hotels showing capital gains of Rs 1.03 Billion and is listed at number 20.

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