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In 2024, Forbes magazine's latest annual tally of billionaires has listed Kalyanaraman in 622th position with a net worth of US$5.4 billion. [2] As per Forbes list of India’s 100 richest tycoons, dated OCTOBER 09, 2024, T.S. Kalyanaraman is ranked 60th with a net worth of $5.38 Billion. [3]
The group got its name from its founder Kalyanarama Iyer. Later his son T. K. Seetharamaiyer also joined the business. Seetharamaiyer in 1991 partitioned the businesses to five sons. T. S. Kalyanaraman, one of the five sons started the Kalyan Jewellers in 1993. [2] [3] [4] [5]
Kalyan Jewellers was established by T. S. Kalyanaraman, leveraging his family's experience in the textile and retail industries. The first store opened in Thrissur, Kerala in 1993. Following the success of the initial store, Kalyanaraman's sons, Rajesh Kalyanaraman and Ramesh Kalyanaraman, joined the family business.
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Musk is followed on the billionaires list by Amazon founder Jeff Bezos - with a net worth of $243.7 billion, while Oracle co-founder Larry Ellison is in the third spot with a net worth of $223.4 ...
According to Bloomberg, the sale boosted Musk's net worth by about $50 billion, bringing his current net worth to $429.2 billion. The world's second wealthiest person, Jeff Bezos, is worth $244 ...
The 38th annual Forbes list of the world's billionaires found a record 2,781 billionaires with a total net wealth of $14.2 trillion. This is an increase of 141 members and $2 trillion from 2023, which held the previous record for the highest net worth gain on the list, surpassing the $900 billion record set in 2022.
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