$16.9B
$-219M
(-1.3%)

IN
· Age 94
Source of wealth: Real estate
Industry: real-estate
Residence: London, GB
{
"bio": [
"Property baron Kushal Pal Singh left an army posting in 1961 to join DLF, a company started by his father-in-law in 1946.",
"Singh later built DLF City in Gurgaon, his showpiece township on the outskirts of Delhi, by acquiring land from farmers.",
"Today, Delhi-headquartered DLF, run by his son Rajiv as chairman, is India's biggest listed property firm by market cap.",
"In August 2017, Singh sold his one-third stake in DLF's rental arm to GIC, Singapore's sovereign wealth fund, for $1.9 billion. In 2022, DLF launched a luxury residential project in Delhi with GIC.",
"Singh stepped down as chairman after more than five decades in that position, in 2020. He's now chairman emeritus of DLF and lives mostly between London and Dubai."
],
"about": [
"Singh is passionate about golf and collecting art.",
"Some of Delhi's most coveted residential enclaves were built by DLF in the 1950s.",
"In 2023, he sold DLF shares worth $88 million, using a chunk of the proceeds to set up a charitable foundation."
]
}