Kumar Mangalam Birla
Kumar Birla | Chairman, Aditya Birla Group | $24B
as of 7/02/24
Kumar Mangalam Birla is an Indian industrialist and the chairman of the Aditya Birla Group, one of the largest conglomerates in India. He has significantly expanded the company's global footprint, transforming it into a major international player.
Personal Information:
Full Name: Kumar Mangalam Birla
Date of Birth: June 14, 1967
Place of Birth: Mumbai, Maharashtra, India
Zodiac: Gemini
Marital Status and Family: Married to Neerja Birla; they have three children:
Daughter:Ananya Birla.
Son: Aryaman Birla.
Daughter: Advaitesha Birla.
Relatives: Includes prominent members of the Birla family, one of India's leading business dynasties.
Background and Early Life:
Family Background: Born into the esteemed Birla family, which has a long history of industrial entrepreneurship in India.
Ancestry: The Birla family has roots in the Marwari community of Rajasthan.
Early Influences: Influenced by his father, Aditya Vikram Birla, who led the Aditya Birla Group before his passing in 1995.
Has been influenced by: His father Aditya Vikram Birla, mother Rajashree Birla, and other leading figures in the Indian business community.
Books that impacted the most: Not explicitly documented in public sources.
Educational Background:
Education:
B.Com degree from the University of Mumbai;
MBA from the London Business School.
He is a chartered accountant from Institute of Chartered Accountants of India (ICAI).
Professional Career:
Current Occupation: Chairman of the Aditya Birla Group Aditya Birla Group
Career History: Took over as chairman of the Aditya Birla Group in 1995 at the age of 28 after the death of his father.
Career Milestones:
Key Achievements:
Successfully expanded the Aditya Birla Group's global presence.
Transformed the group into a multinational corporation with operations in over 36 countries.
Innovations and Contributions: Focused on diverse sectors including metals, cement, textiles, carbon black, telecom, and financial services.
Industry Impact: A pivotal figure in Indian and global business circles, driving significant growth and expansion.
Net Worth and Assets:
Estimated Net Worth: Approximately $14 billion (as of 2023).
Key Assets: Major stakes in various companies within the Aditya Birla Group, including Hindalco Industries and Grasim Industries.
Investments: Diverse portfolio spanning multiple industries.
Stock Records: Significant holdings in Aditya Birla Group companies.
Business Interests:
Primary Business: Aditya Birla Group
Known Board of Directors Positions: Various positions within Aditya Birla Group companies and subsidiaries:
Chairman, Aditya Birla Group.
Chancellor, BITS, Pilani, Hyderabad, Goa and Dubai.
Chairman, Governing Council, The BITS School of Management (BITSoM).
Chairman, Indian Institute of Management, Ahmedabad.
Member, Asia Pacific Advisory Board, London Business School (LBS).
Chairman, Rhodes India Scholarship Committee for Oxford University, England.
Director, G. D. Birla Medical Research and Education Foundation.
Former Chairman, IIT Delhi.
Former Director, Central Board of Directors, Reserve Bank of India.
Former Chairman, Advisory Committee, Ministry of Company Affairs.
Former Chairman, Securities and Exchange Board of India (SEBI) Committee on Corporate Governance.
Former Chairman, Board of Trade, Ministry of Commerce & Industry.
Former Chairman, SEBI's Committee on Insider Trading.
Former Convener, PM's Task Force on Administrative and Legal Simplifications.
Former Member, Prime Minister of India's Advisory Council on Trade and Industry.
Other Ventures: The Aditya Birla Group operates across 36 countries in Asia, Europe, Africa, and the Americas:
Metals: In 2007, Hindalco acquired Atlanta-based aluminum manufacturer Novelis Inc. for $6 billion. This made Hindalco the world's largest aluminum rolling company and a major producer of primary aluminum in Asia. Its subsidiary, Birla Copper, operates Asia's largest single-site copper smelter.
Cement: The group is the third-largest cement producer globally (excluding China) and the largest in India. It operates under the brand name UltraTech Cement.
Textiles: Aditya Birla Textiles consists of Textiles (linen and wool), acrylic fiber, and overseas spinning sectors, with manufacturing units across five countries. Its acrylic fibre business has a capacity of about 125,000 tonnes.
Carbon Black: Birla Carbon produces and supplies carbon black additives for tires, plastics, paints, and electronics. It has manufacturing units in Marietta and Taloja.
Chemicals: Established in 1984, Aditya Birla Chemicals produces chlor-alkali and caustic soda, with 8 units in India and 1 in Thailand.
Financial Services: Aditya Birla Capital manages around Rs. 3.6 trillion AUM and has a lending book of about Rs. 943 billion as of 31 March 2023, through its subsidiaries and joint ventures.
Fashion and Retail: A fashion and lifestyle company headquartered in India, Aditya Birla Fashion and Retail Ltd. (ABFRL) was renamed from Pantaloons in 2015 after Aditya Birla Nuvo acquired major stakes in 2012.
Insulators: Aditya Birla Insulators is India's largest and the world's third-largest insulator manufacturer.
Renewables: Aditya Birla Renewables is a joint venture between Birla Group and Abraaj, with Birla holding 51% and Abraaj 49%. It operates 2.3 GW renewable capacity in 9 Indian states and announced 4.5 GW by FY2026 through utility and commercial projects.
Mining: The group has mineral resource operations through its subsidiary Essel Mining Industries Ltd.
Telecom: The group has a presence in the telecom sector through its joint venture, Vodafone Idea. Since August 2021, Birla stepped down as non-executive Chairman of telecom firm Vodafone Idea, formed by the 2018 merger between his Idea Cellular and Vodafone India.
Leadership Style and Business Philosophy:
Leadership Approach: Emphasizes strategic vision, innovation, and ethical business practices.
Business Philosophy: Focuses on sustainable growth, value creation, and social responsibility.
Philanthropy and Social Contributions:
Charitable Donations: Significant contributions through the Aditya Birla Group's CSR initiatives.
In 2019, Kumar Mangalam Birla has created a 15 million pound endowed scholarship programme to support 10 full-time MBA candidates every year at the London Business School. The BK Birla Scholars Programme is named after Birla's late grandfather Basant Kumar Birla. This scholarship programme is the largest endowed scholarship gift to a European business school.
Kumar Mangalam Birla and his family ranked fourth on the EdelGive Hurun India Philanthropy List in 2021 and 2022, donating INR 377 crore and INR 242 crore respectively
In 2020, the Aditya Birla Group contributed Rs. 500 crores towards COVID relief measures.
In 2020, The Aditya Birla Group donated INR 500 crore to the PM CARES Fund.
Foundations and Initiatives: Actively involved in education, healthcare, and rural development through the Aditya Birla Centre for Community Initiatives and Rural Development.
Philanthropic Goals: Aims to enhance the quality of life of the underprivileged and contribute to nation-building.
Environmental Stewardship: Promotes sustainability and environmental protection in business operations.
CSR: Extensive corporate social responsibility programs focused on various social causes.
Lifestyle and Interests:
Main Residence: Mumbai, Maharashtra, India.
Personal Values: Emphasizes family, tradition, and social responsibility.
Hobbies and Interests: Keen interest in reading, traveling, and philanthropy.
Social Circles: Prominent in Indian and international business circles.
Membership in Private Clubs and Social Organizations: Active in several business and industry associations.
Rotary Club of Mumbai
Associates:
Business Connections:
Santrupt Misra: CEO of Birla Carbon and Director of Group HR at Aditya Birla Group.
Ajay Srinivasan: Director of Aditya Birla Capital.
D.D. Rathi: Former CFO of the Aditya Birla Group.
Hemendra Kothari: Chairman, Mumbai-based DSP Mutual Fund.
Nimesh Kampani: Former managing director of the JM Financial Ltd.
Madhur Bajaj: Non-Executive Director of Bajaj Auto Ltd
Aditya Swamy: Regional Director - Google Play, India, South East Asia, Australia and New Zealand
Kishore Biyani: CEO of the Future Group
Vittorio Colao: Former Italian Minister for Technological Innovation and Digital Transition
Ratan Naval Tata: Former chairperson of the Tata Group
Azim Premji: Former chairman of the board of directors of Wipro
Mukesh Ambani: Chairman and managing director of Reliance Industries
Anil Ambani: Chairman, Reliance Group
Lakshmi Mittal: Executive chairman of ArcelorMittal
Shashi Ruia: Co-Owner, Essar Group
Uday Kotak: Chairperson of Kotak Securities
Personal Connections:
Justin Trudeau: Canadian Prime Minister
Vijay Mallya: Former Member of Rajya Sabha
Rahul Gandhi: Member of the Lok Sabha
Manmohan Singh: Former Prime Minister of India
Krishnaswamy Kasturirangan: Chancellor of the Central University of Rajasthan
Swati Piramal: Indian scientist and industrialist
Political and Social Influence:
Political Affiliations: Maintains a neutral public stance.
Advocacy: Advocates for economic reforms and sustainable development.
Significant Political Statements: Limited public political discourse.
Future Plans and Projects:
Upcoming Ventures: Focused on expanding the group's digital and sustainability initiatives.
Forecasts: Continues to drive growth in emerging markets and new sectors.
Legacy: A visionary leader who transformed the Aditya Birla Group into a global powerhouse.
Available Data on Possessions:
Yachts: Not widely known.
Private Jets: Known to own private aircraft, specific details not publicly available.
Cars: Luxury car collection, including brands like Mercedes-Benz and BMW.
Art: Not widely publicized.
Real Estate and Residences: Significant properties in Mumbai and other locations.
Collectables: Interests in high-value items, though specifics are not widely publicized.
Expensive Accessories: Known for luxury watches and designer brands.
Public Persona and Influence:
Media Presence: Regularly featured in business publications and media.
Public Speaking: Engages in public speaking at business forums and educational institutions.
Public Appearances:
Davos World Economic Forum
Various industry conferences and summits
Public events hosted by the Aditya Birla Group
Recognition and Awards: Numerous accolades for business excellence and leadership:
(2001) Outstanding Business Man of the Year, National HRD Network
(2003) The Business Leader of the Year, The Economic Times
(2003) Business Man of the Year, Business India
(2004) Young Global Leader, World Economic Forum (Davos)
(2004) Doctor of Literature (Honoris causa), Banaras Hindu University
(2005) Ernst & Young Entrepreneur of the Year – India, Ernst & Young
(2007) Global Indian Leader of the Year, NDTV
(2008) JRD Tata Corporate Leadership Award, AIMA
(2008) Doctor of Literature, SRM University
(2011) GQ Business Leader of the Year, Condé Nast India Pvt. Ltd.
(2012) Entrepreneur of the Year, Forbes India Leadership Award (FILA)
(2012) Most Inspiring Leader, NDTV
(2012) Business Leader for Taking India Abroad, CNBCTV18
(2012) Global Business Leader Award, NASSCOM
(2012) Doctor of Science (Honoris Causa), Visvesvaraya Technological University
(2013) The Business Leader of the Year, The Economic Times
(2013) Positioned the fourth Most Powerful CEO, Economic Times' Corporate India's Definitive Power posting of 100 CEOs
(2014) Inducted as an Honorary Member, Rotary Club of Mumbai
(2016) CEO of the Year, International Advertising Association
(2017) Outstanding Businessman of the Year, CNBC-TV18 – IBLA
(2017) The GIL Visionary Leadership Award, Frost & Sullivan
(2019) Global Asian Award, ABLF
(2021) Global Entrepreneur of the Year' in business transformation, The Indus Entrepreneurs (TiE)
(2023) Padma Bhushan, Government of India
Media Search Results for Kumar Birla
Biographical Books
Here are some biographical books that mention Kumar Birla:
"Kumar Mangalam Birla: 10 Success Secrets" by Drimi Chaudhuri
"Think, Lead and Strategize Like Kumar Mangalam Birla" by Rajiv Agarwal
Controversies and Legal Issues
Controversies
Kumar Birla has faced several controversies, primarily related to his business dealings and corporate governance. A significant controversy involved the coal allocation scam in India, where Birla was named in the CBI report. However, he was later given a clean chit by the Supreme Court of India.
Legal Issues
Birla has encountered legal issues, particularly around corporate governance and regulatory compliance. The coal allocation case was a major legal issue, though it was eventually resolved in his favor.
Scandals
There have been no major personal scandals involving Kumar Birla. Most of the scandals pertain to corporate activities and governance within the Aditya Birla Group.
Allegations
Birla faced allegations related to the coal allocation scam, accusing him of acquiring coal blocks unfairly. However, these allegations were dismissed by the Supreme Court.
Criticisms
Kumar Birla has been criticized for aggressive business strategies, including mergers and acquisitions that some view as monopolistic. Additionally, there have been critiques about labor practices and environmental impacts of his industrial operations.
Public Conflicts
Birla generally maintains a low public profile, avoiding significant public conflicts. His disputes are usually resolved within the corporate and legal frameworks rather than in the public domain.
Curious Information
Little-known Biography Facts
Kumar Mangalam Birla became chairman of the Aditya Birla Group at 28 after his father's sudden death.
He holds degrees from the University of Mumbai and London Business School.
Unusual Experience
Birla has successfully managed a vast conglomerate spanning multiple industries, including cement, aluminum, telecom, and financial services, significantly expanding the Aditya Birla Group's global footprint.
Gossip and Rumors
There are few rumors about Kumar Birla due to his private nature and focus on business. However, his involvement in high-profile mergers and acquisitions often leads to speculation within industry circles.
Mentions in Conspiracy Theories
Kumar Birla is not commonly associated with conspiracy theories. His public image is more connected to his business acumen and contributions to various industries.
Psycho-emotional Profile of Kumar Birla
Emotional State and Mood: Kumar Birla, chairman of the Aditya Birla Group, exhibits a composed and steady emotional state. His mood appears stable, reflecting a balance between the pressures of leading a large conglomerate and his resilience in facing business challenges. Predominant emotions include determination and calmness.
Personality Traits: Birla demonstrates traits of conscientiousness, introversion, and resilience. He is meticulous and detail-oriented in his business approach, preferring a low-profile lifestyle despite his high public status. His temperament is resilient, enabling him to manage a diverse and global business empire effectively.
Stress Levels and Coping Mechanisms: Birla likely experiences moderate to high stress levels due to the demands of his leadership role. His coping mechanisms include strategic problem-solving, maintaining a structured routine, and seeking support from a strong professional network. His ability to navigate complex business environments indicates effective stress management.
Self-Esteem and Self-Concept: Birla’s self-esteem is high, bolstered by his successful management of the Aditya Birla Group. He views himself as a capable and influential leader, with a strong self-concept rooted in his entrepreneurial legacy and commitment to corporate growth.
Interpersonal Relationships: Birla maintains close relationships with family and key business associates. His professional network is robust, providing significant social and strategic support. Interpersonal relationships are characterized by loyalty and mutual respect, essential for his leadership style.
Behavioral Patterns: Birla’s behavioral patterns include strategic risk-taking and a preference for routine. He avoids impulsivity, focusing instead on long-term planning and careful decision-making. There are no indications of maladaptive behaviors.
Psychological Well-being: Overall, Birla’s psychological well-being appears stable and positive. His business success and effective stress management contribute to a high level of life satisfaction. There are no reported symptoms of mental health conditions, suggesting good psychological resilience.
Cognitive Functioning: Birla demonstrates high cognitive abilities, particularly in strategic planning and problem-solving. His success in expanding the Aditya Birla Group reflects strong analytical skills and a sharp, strategic mind.
Past Experiences and Trauma: Significant life events, such as managing his family’s business legacy and navigating global market challenges, have shaped Birla’s resilience and strategic outlook. These experiences have reinforced his methodical and resilient approach to leadership.
Motivations and Goals: Birla is motivated by both intrinsic and extrinsic factors. His personal goals include maintaining and growing the Aditya Birla Group, contributing to economic development, and upholding his family’s entrepreneurial legacy. Extrinsically, he is driven by public recognition and the desire to remain influential in the global business community.
Physical Health and Its Impact: There is limited public information on Birla’s physical health, but his active involvement in business and demanding lifestyle suggest he prioritizes his well-being. Effective physical health likely contributes positively to his psychological resilience and ability to manage stress.
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