Swraj Paul Biography
Swraj Paul is an Indian business magnate and philanthropist who now resides in the United Kingdom. In 1996, Conservative Prime Minister John Major elevated him to the status of life lord, and he now serves as a crossbencher in the House of Lords with the title Baron Paul, of Marylebone, in the City of Westminster.
Swraj Paul Age
He is 91 years old as of 18 February 2022. He was born Swraj Paul, Baron Paul in 1931 in Jalandhar, India.
Swraj Paul College | Education
Swraj Paul received his high school graduation from Labbu Ram Doaba School. Paul went to Forman Christian College in Lahore and Doaba College in Jalandhar. He earned BSc, MSc, and MechE degrees in mechanical engineering from the Massachusetts Institute of Technology in the United States.
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Swraj Paul Family | Parents
Swraj Paul, Baron Paul was born in Jalandhar, India. Payare Lal’s father ran a small foundry that specialized in steel buckets and farm machinery. His mother’s name was Mogwai. On the site of his childhood home, Apeejay School now stands. He and his family own a dozen apartments worth a million pounds or more in the tower.
Swraj Paul Wife | Married
Since 1956, he has been married to Aruna Vij. Angad Paul, Ambika Paul, Ambar Paul, Akash Paul, Anjli Paul, and Anlali Paul are the couple’s children. His son, Angad Paul, the CEO of Caparo plc, died on November 8, 2015, after falling from his Marylebone penthouse property.
Swraj Paul Caparo Group | Career
In 1966, he came to the United Kingdom to seek treatment for his little daughter, who had been afflicted with leukemia. He waited a year after her death to create Natural Gas Tubes. He started with one steel unit and slowly built up his collection. He created the Caparo Group in 1968, and it has since grown to become one of the UK’s major steel conversion and distribution firms, manufacturing structural steels, precision tube, spirally welded tube, unique bar grades, industrial wires, cold-rolled strips, and spring steel strip. Lord Paul stepped down as chairman of the Caparo Group in 1996.
Caparo employed around 10,000 workers in North America, Europe, India, and the Middle East until Autumn 2015. 16 of the 20 limited businesses that made up the majority of Caparo Group UK went into administration in October 2015, and his son Angad Paul, the Group’s CEO, died in an apparent suicide from his eighth-floor penthouse flat on November 8, 2015. Paul was sworn into the Privy Council in October 2009 as the Deputy Speaker of the House of Lords and a former chairman of the London 2012 Olympic Delivery Committee (LDCC). He is the first person of Indian descent to assume the position of deputy speaker. Lord Paul was the highest fundraiser to Gordon Brown’s leadership campaign, donating £500,000 to the Labour Party.
Swraj Paul’s Net worth
He has an estimated net worth of $2 billion.