Anand Mahindra | (M & M), Net Worth, Education & Biography.

Anand Mahindra is the Chairman of the Mahindra Group, a conglomerate with interests in automotive, aerospace, agribusiness, finance, hospitality, and more. He is one of the most prominent business leaders in India, known for his leadership, vision, and philanthropy. 

Quick Info: 

Full Name: Anand Gopal Mahindra

Known for: Business leadership, entrepreneurship, social responsibility

Born: May 1, 1955

Age: 67 (as of 2022)

Wife: Anuradha Mahindra

Children: 2 sons, one of whom is named Ananyashree Mahindra

Salary: Anand Mahindra's salary is not publicly disclosed.

Founded Companies by Anand Mahindra:

1. Mahindra Lifespaces - 1999
2. Mahindra Holidays & Resorts India - 1996
3. Mahindra Intertrade - 2008
4. Classic Legends - 2015
5. Club Mahindra - 1996 

Net Worth: 

As of 2023, Anand Mahindra's net worth is estimated to be around $2.1 billion ($210 Crore USD), according to Forbes' real-time billionaire tracker. He is still one of the wealthiest individuals in India and is ranked among the top 500 billionaires in the world.

Source of Wealth: 

Anand Mahindra's primary source of wealth is his position as the Chairman of the Mahindra Group, a leading Indian conglomerate with interests in various industries, including automotive, aerospace, and technology. Under his leadership, the Mahindra Group has grown into a global player with a presence in over 100 countries.

Apart from his role in the Mahindra Group, Anand Mahindra is also a member of various organizations, including the Indian School of Business and the Global Board of Advisors of the Yale School of Management. He has also invested in various startups and is a mentor to several entrepreneurs.

Early Life and Education: 

Anand Mahindra was born on May 1, 1955, in Mumbai, India. His father, Harish Mahindra, was a prominent industrialist and co-founder of the Mahindra Group. Anand Mahindra grew up in a family of business leaders and studied economics at Harvard University, where he earned an MBA in 1981.

Career at the Mahindra Group: 

After completing his MBA, Anand Mahindra joined the Mahindra Group in 1981 as an executive assistant to the finance director. Over the years, he worked in various positions within the company and played a key role in the group's expansion and diversification.

In 1991, Anand Mahindra was appointed the Managing Director of Mahindra Ugine Steel Company, a subsidiary of the Mahindra Group. Under his leadership, the company grew significantly and became one of the largest producers of specialty steel in India.

In 1997, Anand Mahindra became the Vice Chairman of the Mahindra Group and played a crucial role in the group's diversification into new business areas, such as information technology, hospitality, and finance.

In 2003, Anand Mahindra was appointed the Deputy Chairman of the Mahindra Group and took over as the Chairman in 2012. As the Chairman, he has focused on transforming the group into a global player by expanding its presence in international markets and investing in research and development. 

Family Life: 

Anand Mahindra is married to Anuradha Mahindra, a former journalist who is now an artist and designer. The couple has two children, a son named Ananyashree and a daughter named Divya.

Anand Mahindra is the nephew of Keshub Mahindra, who was the former Chairman of the Mahindra Group. His father, Harish Mahindra, was also a co-founder of the Mahindra Group.

Interests and Hobbies: 

In addition to his business interests, Anand Mahindra has a wide range of hobbies and interests. He is an avid collector of vintage cars and motorcycles and has a collection of over 70 vehicles, including a 1942 Willys Jeep and a 1939 Rolls-Royce Wraith.

Anand Mahindra is also a cricket enthusiast and has been involved in various initiatives to promote the sport in India. He is the co-owner of the Mumbai Indians, a team in the Indian Premier League, and has also been a member of the board of directors of the International Cricket Council.

Philanthropy and Social Responsibility: 

Apart from his role as a business leader, Anand Mahindra is also known for his philanthropy and social responsibility. He is the co-founder of the Nanhi Kali Foundation, which provides education and support to underprivileged girls in India. He has also been involved in various other social initiatives, such as the Mahindra United World College and the Mahindra Excellence in Theatre Awards. 

Awards and Honours: 

Anand Mahindra, the Chairman of the Mahindra Group, has received several awards and honours in recognition of his contributions to the business world and society at large. Here are some of the notable awards and honours he has received:

1. Padma Bhushan: Anand Mahindra was awarded the Padma Bhushan, one of India's highest civilian awards, in 2020 for his contributions to the field of trade and industry.

2. Knight in the Order of the Legion of Honour: In 2016, Anand Mahindra was conferred the title of Knight in the Order of the Legion of Honour by the French government for his outstanding contributions to the Indo-French business relationship.

3. Ernst & Young Entrepreneur of the Year: Anand Mahindra was named the Ernst & Young Entrepreneur of the Year in 2007 for his leadership and vision in transforming the Mahindra Group into a global player.

4. Business Leader of the Year: Anand Mahindra was named the Business Leader of the Year by the Economic Times in 2013 for his contributions to the Indian business world.

5. Forbes India Leadership Award: Anand Mahindra has received several Forbes India Leadership Awards, including the Entrepreneur of the Year award in 2013 and the Lifetime Achievement Award in 2020.

6. India Today's Business Today Award: Anand Mahindra has also been recognized by India Today's Business Today magazine, which named him the Business Leader of the Year in 2015.

Conclusion

Anand Mahindra is a prominent business leader and philanthropist who has played a crucial role in the growth and diversification of the Mahindra Group. His leadership, vision, and commitment to social responsibility have made him one of the most respected figures in the Indian business community.