Age, Biography and Wiki

Kutubuddin Ahmed was born on 21 January, 1956 in Dhaka, Bangladesh, is a Bangladeshi businessman. Discover Kutubuddin Ahmed'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 68 years old?

Popular As N/A
Occupation Businessman
Age 68 years old
Zodiac Sign Aquarius
Born 21 January, 1956
Birthday 21 January
Birthplace Dhaka, Bangladesh
Nationality Bangladesh

We recommend you to check the complete list of Famous People born on 21 January. He is a member of famous Businessman with the age 68 years old group.

Kutubuddin Ahmed Height, Weight & Measurements

At 68 years old, Kutubuddin Ahmed height not available right now. We will update Kutubuddin Ahmed'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

Dating & Relationship status

He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.

Family
Parents Not Available
Wife Not Available
Sibling Not Available
Children Not Available

Kutubuddin Ahmed Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Kutubuddin Ahmed worth at the age of 68 years old? Kutubuddin Ahmed’s income source is mostly from being a successful Businessman. He is from Bangladesh. We have estimated Kutubuddin Ahmed'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 Businessman

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Timeline

1956

Kutubuddin Ahmed (born 1956) is a Bangladeshi businessman who is the founder and chairman of the Envoy Group, a conglomerate which operates in multiple sectors, with major operation in the apparel industry.

He is a Fellow of the Institute of Engineers, Bangladesh.

Ahmed was born on 21 January 1956 in Dhaka.

He graduated in mechanical engineering from Bangladesh University of Engineering and Technology (BUET).

1982

In the end, Ahmed took out a bank loan with his father's house as collateral and brought in a partner, Abdus Salam Murshedy, a striker for Mohammedan Sporting Club who had gained fame in 1982 by scoring a league-record 27 goals, but who had no previous business experience.

1983

Ahmed began his career at Janata Bank, but resigned in 1983 to start his own business.

1984

Raising the BDT 10 lakh (US$37,500 in 1984) initial capital for what is now known as the Envoy Group proved difficult.

In 1984, the partners set up a small factory in the Khilgaon Thana area of Dhaka, equipped it with 46 sewing machines, and hired 200 garment workers.

Initially the company sub-contracted for other garment manufacturers.

They were early participants in a sector that would become a powerhouse of the Bangladesh economy, but orders were sporadic at first, and the factory was idle for long spells.

Sometimes they had to borrow from banks to meet payroll.

The turning point came when they received their first order as a primary contractor, 6,500 trousers for a Swedish retailer.

The agent who placed the order was impressed with their work and directed more business their way.

1985

In the next 16 months, Envoy Group recorded a BDT 1 crore (US$385,000 in 1985) profit.

They paid off their debt and bought two more garment factories, building on the experience gained running their first.

Through expansion, by attracting investment and purchasing existing businesses, Ahmed led the company as it grew over the years into a large manufacturing and exporting group.

1997

He was awarded 1997 "Sport Organizer of the Year" by Bangladesh Journalist Association, and received "National Sports Award 2002" for his contribution as a sports organiser in Bangladesh.

2001

Ahmed completed a term as president in Metropolitan Chamber of Commerce and Industry (MCCI), Dhaka and Bangladesh Garment Manufacturers & Exporters Association (BGMEA) in 2001 and 2002.

2002

He received the "Arthakantha Business Award-2002" by a national financial fortnightly of Bangladesh.

2004

He served as president (2004–2005) of the Metropolitan Chamber of Commerce and Industry (MCCI), Dhaka, Bangladesh He received an outstanding achievement award from International Islamic University Chittagong in 2008.

2006

In 2006 he was awarded the International Olympic Committee (IOC) Trophy for "Sports and the Community", and also Best Sports Organizer by Bangladesh Sports Writers' Association.

2009

In 2009, Ahmed served as the secretary-general of the Bangladesh Olympic Association.

2014

In 2014, Envoy Group had grown to include manufacturers and exporters garments, textiles, real estate, freight forwarding, information technology and computer systems operations.

At that time the company was employing about 20,000 people, and had received several awards, including the President's Export Trophy, and the National Export Trophy.

In 2014, he is a member of the Sports Environment Committee, Olympic Council of Asia (OCA), and the vice-president of the International Military Sports Council (CISM).

Ahmed formed "Saadat Smriti Sadan" charitable foundation in memory of his father Md. Saadat Ali.

He established two clinics which provide free medical treatment to the poor and distressed people.

He set up a retirement home, Old-Homes for aged people over 65 years in Narshindi, Dhaka.

Ahmed funded the building of a mosque at Nabi Nagar Thana, Comilla, and established a technical institute with computer accessories and sewing machinery tools in Narshindi for providing technical training.

He is an advisor to the Campaign against Drug being run by the daily newspaper Prothom Alo, and a member of the Advisory Council of the children's organisation 'Kendriya Kochi Kacher Mela'.

2015

In 2015 he is a member of the executive committee of the International Chamber of Commerce, Bangladesh, and a director of the Chittagong Stock Exchange.

In 2015, Ahmed was named a "commercially important person" by the government of Bangladesh.

Ahmed is a former president of both the Bangladesh Mohammedan Sporting Club, Dhaka, and the Bangladesh Badminton Federation.