Your entry has been submitted!
Mobile number already exists, you have already submitted your entry!
Ghanshyam Das Birla Age Biography Family Net Worth Businessman
Ghanshyam Das Birla’s Biography
The original name of Ghanshyam is Ghanshyam Das Birla. He was a very successful and seasoned businessman. Additionally, he belonged to the famous Birla family, which had a strong reputation in India and a lot of wealth.
Being a very successful businessman, Ghanshyam Das also didn't look back and didn't want to experience any other economic losses. Because he never suffered losses or resentment after entering the business world, he was also regarded as the luckiest businessman overall.
Ghanshyam Das established his company both as India was gaining independence from the British and as they were in power. British people supported Das and were his buddies. The multi-billion-dollar Birla Family was founded by him.
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 passed away on June 11, 1983, as a result of age and physical ailments. Ghanshyam Das Birla’s zodiac sign is Taurus.
Ghanshyam Das Birla’s Family
Ghanshyam Das Birla was born into a Marwari Maheshwari family in the small town of Pilani in the Indian state of Rajasthan. Ghanshyam Das Birla’s grandpa was a Marwari businessman who made a living by lending money. Ghanshyam Das Birla, a Marwari Maheshwari, birthplace is in Pilani Town, Jhunjhunu District, in the region known as Rajputana.
Ghanshyam Das Birla’s father is Raja Baldevdas Birla. Baldeo Das Birla visited Bombay in 1884 AD to find fresh trading opportunities. Shiv Narian Baldeo Das was founded in Bombay in 1884, and Baldeo Das Jugal Kishore in Calcutta in 1897. The companies initially traded in silver, cotton, grain, and other commodities. Ghanshyam Das Birla’s four sons Jugal Kishore, Rameshwar Das, Ghanshyam Das, and Braj Mohan succeeded him. The most prosperous of the four brothers was Ghanshyam Das.
After the passing of his first wife, G. D. Birla got married again. Lakshmi Nivas (son of his first wife, Durga Devi), Krishna Kumar, and Basant Kumar were his three sons (both sons of his second wife, Mahadevi Birla). He has a great-grandson named Kumar Mangalam Birla.
Ghanshyam Das Birla's Education
GD Birla did his formal education only until the age of 11, after which he followed in his father Baldeodas's footsteps into the family's trading business in Mumbai and then Kolkata.
Ghanshyam Das Birla’s Marriage
In his lifetime, he had two marriages. Laxmi Niwas, Sudarshan Kumar, and Siddharth were his three sons from his first marriage to Durga Devi, while K.K.
Birla and Basant Kumar were his two sons from his second marriage to Maheshwari Devi. G. D. had two marriages because his first wife passed away when he was still a young man. Birla had one son (Lakshmi Nivas) from his second wife and two sons (Basant Kumar and Krishna Kumar) from his first wife.
Jugal Kishore, the elder brother of Lakshmi Nivas, adopted her, and Kumar Mangalam Birla is Ghanshyam's great-grandson. On June 11, 1983, Ghanshyam passed away in London. In addition, he is honored with a monument in London's Golders Green Crematorium and a huge statue that overlooks the gardens.
Ghanshyam Das Birla’s Career
After taking over the family firm, GD Birla made efforts to further diversify it. Of them, he is the ancestor of at least three modern family business organizations that are still operating in India. He wished to convert the moneylending enterprise into manufacturing out of all these firms. He next traveled to the Bengal Presidency, the nation's top producer of jute, specifically Calcutta.
He started independently as a jute broker there. He founded Birla Jute Mills in 1918, much to the dismay of established European businessmen who were favored by the British government's biased policies rather than the neighborhood Bengali businessmen.
The British and Scottish merchants tried to close down his business through unethical and monopolistic techniques, but he was able to overcome the challenges. Birla's company soared after World War I causing supply issues across the British Empire.
The Birla Brothers Limited was established in 1919 with an investment of 5 million rupees. In that same year, a mill was established in Gwalior. He was chosen to serve in British India's Central Legislative Assembly in 1926. He was elected the first president of the Harijan Sevak Sangh, which Mahatma Gandhi had created in Delhi in 1932.
He entered the auto industry in the 1940s and founded Hindustan Motors. Birla made investments in tea and textiles after gaining independence through a succession of acquisitions of former European firms. He also grew and diversified into steel tubes, cement, chemicals, and rayon.
The United Commercial Bank Limited was established to give form to Ghanshyam das Birla's vision of organizing a commercial bank with Indian capital and management during the Quit India Movement of 1942. One of the oldest and most important commercial banks in India is UCO Bank, formerly known as United Commercial Bank. It was founded in Kolkata in 1943.
He entered the auto industry in the 1940s and founded Hindustan Motors. Birla made investments in tea and textiles after gaining independence through a succession of acquisitions of former European firms.
He also grew and diversified into steel tubes, cement, chemicals, and rayon. The United Commercial Bank Limited was established to give form to Ghanshyam Das Birla's vision of organizing a commercial bank with Indian capital and management during the Quit India Movement of 1942. One of the oldest and most important commercial banks in India is UCO Bank, formerly known as United Commercial Bank. It was founded in Kolkata in 1943.
The Centre of Excellence in Textile-Based Education and Training was another development of TIT&S. In addition, The Birla School in Kalyan, India was founded by his efforts with the assistance of the Kalyan Citizens' Education Society. G.D. Birla Memorial School, Ranikhet, a premier residential school, was also established in his honor by his son B.K. Birla is currently one of the best residential schools in the nation (KCES).
He received the Padma Vibhushan, India's second-highest civilian honor, from the Indian government in 1957. On June 11, 1983, Ghanshyam Das Birla, then 89 years old, passed away in London. In Golders Green Crematorium, Hoop Lane, London, there is a memorial for him. It consists of a sizable statue with an inscription that looks over the gardens.
Ghanshyam Das Birla’s Net Worth
Ghanshyam Das was born into an Upper-Class (Well-Class) household, and the Birla family, where he was born, was the richest in the world at the time. His mother and father both have a nice disposition and are extremely kind and gorgeous people.
Ghanshyam Das has earned the admiration of his parents. Ghanshyam Das had a net worth of over $14.1 billion, which is equivalent to almost 1000 crores in Indian currency (INR).
11 Fun Facts About Ghanshyam Das Birla
- Ghanshyam was very active in politics and dedicated a lot of his time and energy to Gandhi's Khadi movement.
- Ghanshyam was a nationalist businessman who started from scratch and built a huge business empire in less than 20 years
- Ghanshyam left his children in the care of his extended family after the death of his wife Maheshwari Devi. His children were dispatched to learn business skills from other local businesspeople when they were old enough. This gave them a means of support and taught them how to make money.
- In 1926, he was elected to the Central Legislative Assembly of British India.
- Gandhi spent his final days in Birla’s home in New Delhi, having lived there for the last four months of his life.
- Ghanshyam had the idea to create a commercial bank in 1942, during the Quit India Movement. United Commercial Bank Limited was created as a result. One of India's first commercial banks, presently known as UCO bank.
- When he was only 16 years old and under British administration, he first interacted with Englishmen. At that point, he began operating independently as a broker. His customers were the Englishmen.
- Ghanshyam was also made to go underground for three months after being associated with the famed Rodda-Cartridge affair.
- Ghanshyam was frequently made fun of while doing business with the English because he wasn't permitted to utilize their benches or the lift.
- Ghanshyam published the letters between himself and Mahatma Gandhi in four volumes titled Bapu: A Unique Association.
- With money from the jute factory in Kolkata, GD Birla built the Birla mansion which is known as the Birla Haveli.