Age, Biography and Wiki
Gautam Thapar was born on 7 December, 1960 in India, is an Indian businessman. Discover Gautam Thapar's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 63 years old?
| Popular As |
N/A |
| Occupation |
Businessperson |
| Age |
63 years old |
| Zodiac Sign |
Sagittarius |
| Born |
7 December 1960 |
| Birthday |
7 December |
| Birthplace |
India |
| Nationality |
India
|
We recommend you to check the complete list of Famous People born on 7 December.
He is a member of famous Businessperson with the age 63 years old group.
Gautam Thapar Height, Weight & Measurements
At 63 years old, Gautam Thapar height not available right now. We will update Gautam Thapar's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
| Physical Status |
| Height |
Not Available |
| Weight |
Not Available |
| Body Measurements |
Not Available |
| Eye Color |
Not Available |
| Hair Color |
Not Available |
Who Is Gautam Thapar's Wife?
His wife is Stephanie
| Family |
| Parents |
Brij Mohan Thapar (father) |
| Wife |
Stephanie |
| Sibling |
Not Available |
| Children |
4 |
Gautam Thapar Net Worth
His net worth has been growing significantly in 2023-2024. So, how much is Gautam Thapar worth at the age of 63 years old? Gautam Thapar’s income source is mostly from being a successful Businessperson. He is from India. We have estimated Gautam Thapar's net worth, money, salary, income, and assets.
| Net Worth in 2024 |
$1 Million - $5 Million |
| Salary in 2024 |
Under Review |
| Net Worth in 2023 |
Pending |
| Salary in 2023 |
Under Review |
| House |
Not Available |
| Cars |
Not Available |
| Source of Income |
Businessperson |
Gautam Thapar Social Network
Timeline
Gautam Thapar (born 7 December 1960) is an Indian businessman who is the chairman of Avantha Group and is part of the Thapar family.
Gautam Thapar belongs to the third generation of the business family founded by his grandfather Karam Chand Thapar, in Kolkata.
Karam Chand had initially offered the reins of the family business to Gautum's father, Brij Mohan Thapar, bypassing his oldest son Inder Mohan Thapar.
However, Brij Mohan passed on the chance to his younger brother Lalit Mohan Thapar, giving lack of desire and inability to shoulder the responsibility as the reasons.
Thapar was educated at The Doon School and obtained his undergraduate degree from St. Stephen's College (at Delhi University).
He later studied for an advanced degree in chemical engineering at the Pratt Institute in the United States.
Failing to find a suitable job and with US visa nearing expiry, he returned to India.
Thapar had responsibility to turn around the BILT's chemical division, which was suffering losses due to management-labour conflicts and shortage of water and power.
Gautam showed profits within a year, by scrapping the company's expansion plans, selling off a few assets and trying to resolve labour concerns.
The family's assets were divided into four in 1999, with Gautam's older brother Karan parting ways in 2005.
Gautam became the Chairman of Crompton Greaves on 22 July 2004.
When Lalit Mohan Thapar retired, he chose his nephew Gautam over Vikram.
In 2005, Lalit Mohan handed over the reins of the business empire to Gautam along with his voting rights, shares and most of his personal effects in his will.
Gautam became the Chairman of the Group on 1 July 2006.
He received the Ernst & Young Entrepreneur of the Year Award for Manufacturing in 2008.
In 2010, he took over as the chairman of the board of governors of the Mumbai-based business school NITIE, for a 4-year period.
He also promotes golf and is president of the Professional Golf Tour of India.
The EUR 1.8m Avantha Masters, tri-sanctioned by the European Tour, the Asian Tour and the Professional Golf Tour of India, is India's richest golf event and synonymous with professional international golf in India.
On 29 August 2019, he was sacked as Chairman of CG Power and Industrial Solutions with immediate effect after an investigation that unearthed a multi crore financial scam at the firm.
On 20 August 2019, the company had stated that an investigation instituted by its board had found major governance and financial lapses in the company.
In August 2021 the Enforcement Directorate (ED) is probing 3 cases of money laundering involving Gautam Thapar and the Yes Bank.
Gautam Thapar, the promoter of the Avantha Group, was arrested by the Enforcement Directorate in connection with an alleged money laundering case.
Thapar was arrested by authorities under the Prevention of Money Laundering Act (PMLA) on August 3 following raids that were conducted by the ED in Mumbai and Delhi according to a report by PTI.
In December 2022, the CBI filed a charge sheet against Gautam Thapar as well as former CEO and Managing Director of Yes Bank Rana Kapoor for their alleged bank fraud.
Thapar is the President of Thapar University and former Chairman of the Ananta Aspen Centre.
He was also on the Board of Governors of his alma mater, the Doon School.
