Age, Biography and Wiki
Rashesh Shah was born on 30 September, 1963, is an Indian businessman (born 1963). Discover Rashesh Shah'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 60 years old?
| Popular As |
N/A |
| Occupation |
Finance |
| Age |
60 years old |
| Zodiac Sign |
Libra |
| Born |
30 September, 1963 |
| Birthday |
30 September |
| Birthplace |
N/A |
| Nationality |
|
We recommend you to check the complete list of Famous People born on 30 September.
He is a member of famous businessman with the age 60 years old group.
Rashesh Shah Height, Weight & Measurements
At 60 years old, Rashesh Shah height not available right now. We will update Rashesh Shah'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 |
2 |
Rashesh Shah Net Worth
His net worth has been growing significantly in 2023-2024. So, how much is Rashesh Shah worth at the age of 60 years old? Rashesh Shah’s income source is mostly from being a successful businessman. He is from . We have estimated Rashesh Shah'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 |
Rashesh Shah Social Network
Timeline
Rashesh Shah (born 30 September 1963) is an Indian businessman and the chairman and CEO of the Edelweiss Group, one of India's leading diversified financial services conglomerates.
He is also the co-founder of Edelweiss Financial Services Limited (EFSL).
He also delivers many speeches, interviews, and lectures on topics related to financial markets, development, macroeconomic policies, and related matters.
Rashesh Shah was a student of Bharatiya Vidya Bhavan and Manav Mandir High School of Mumbai.
He completed a Bachelor of Science degree in statistics from KC College, Mumbai and spent a year studying exports at Indian Institute of Foreign Trade (IIFT).
After that, he completed his MBA from Indian Institute of Management (IIM), Ahmedabad in 1989.
Rashesh Shah enjoys reading and is a fitness enthusiast who enjoys playing tennis.
An avid runner, he has participated in a triathlon and continues to participate in marathons across the world.
Born in a Gujarati family, Rashesh Shah was the first one to study in an English-medium school.
He is married to Vidya Shah, CEO of EdelGive Foundation, whom he met at IIM.
The couple has two children, Neel, born in 1995, and Avanti, born in 2000.
Rashesh Shah has an experience of more than 28 years in the financial market sector.
He quit his job at Prime Securities to start Edelweiss along with co-founder Venkat Ramaswamy.
The company was founded in November 1995 and commenced operations in February 1996
Unable to meet SEBI's capital requirement of ₹5 crore, Shah and Ramaswamy changed their business plan; they worked on private equity syndication and mergers and acquisitions (M&A) and focused on advisory services.
They started with a small office in Mumbai's Fountain area with just three employees.
In 2000, the 10-employees company crossed a capital mark of ₹5 crores and became a Category-1 merchant bank.
Currently, Rashesh and Vidya Shah hold nearly 27% stake in Edelweiss.
The company has an asset base of ₹48,000 crore and net worth of ₹5,400 crore.
Besides, Rashesh Shah has worked as a member of the executive committee of the National Stock Exchange (NSE) and the Stock Exchange Board of India (SEBI).
He reviewed Insider Trading Regulations at SEBI.
He has also held the chair of the National Council on Capital Markets formed by Associate Chambers of Commerce and Industry of India (ASSOCHAM)
He is also deeply involved in EdelGive Foundation, Edelweiss's philanthropy arm, which was set up in 2008 by his wife Vidya, with an aim to provide expertise of financial sector to the not-for-profit sector.
https://www.thehindubusinessline.com/companies/rashesh-shah-rejects-allegations-of-fema-violations/article30550321.ece
He has served as the President of Federation of Indian Chambers of Commerce and Industry (FICCI) in 2017–18.
A regular commentator on macro-economic policies, development matters and financial markets in the mainstream and financial media, Rashesh is a part of the High Level Task Force on Public Credit Registry for India as well as the Insolvency Law Committees.
In January 2020, the Enforcement Directorate (ED) issued summons to Edelweiss Group and Shah to join a case involving an alleged Rs 2,000 crore violation of FEMA provisions.
This pertains to Mumbai-based Capstone Forex Pvt Ltd. Rashesh Shah has rejected allegations of FEMA violations.
