Net Worth: $1.3 Billion
- Source of Wealth Hedge Funds
- Birth Place Colombo, Sri Lanka
- Marital Status Married (Asha Pabla)
- Full Name Rajakumaran Rajaratnam
- Nationality American
- Date of Birth June 15, 1957
- Ethnicity Sri Lankan
- Occupation Hedge Fund Manager
- Education Dulwich College, University of Sussex, Wharton School of the University of Pennsylvania
- Children 3
About Raj Rajaratnam
This hedge fund guru’s tech focus helped shore up his returns: flagship fund down 17% in 2008. Father ran Asian operations for Singer Sewing Co. This Sri Lanka-native studied engineering at U. of Sussex in England, then M.B.A. at Wharton 1983. His early career was spent at the investment banking boutique Needham & Co. He became the president in 1991. He then founded the hedge fund Galleon Group 6 years later; making big bets on health care, technology companies. The venture’s annual returns included 22% net of fees since inception.In 2009, the firm was believed to manage $6 billion across 6 funds.
In 2011, Raj Rajaratnam was found guilty on all 14 counts of securities fraud and conspiracy, according to multiple reports. The announcement was made in a lower Manhattan federal court. For now, Rajaratnam, who ran one of the world’s largest hedge funds, will be free on bail, but will be fitted with an electronic monitoring device.
Earnings & Financial Data
The below financial data is gathered and compiled by TheRichest analysts team to give you a better understanding of Raj Rajaratnam's net worth by breaking down the most relevant financial events such as yearly salaries, contracts, earn outs, endorsements, stock ownership and much more.
- Earnings 2009
- Earnings 2008
|Earnings 2009||$1.3 Billion|
|Earnings 2008||$1.8 Billion|