Financial Times

Rajaratnam: Rich American from Sri Lanka

Raj Rajaratnam

Sri Lankan-born Raj Rajaratnam, who has a sizable stake in the Colombo stockmarket particularly John Keells Holdings through his Galleon Group hedge fund, is the 262nd richest man in the United States, according to the latest Forbes list of the 400 Richest Americans.

US Business magazine Forbes, said Mr Rajaratnam, 51 and with a net worth of $1.8 billion, studied engineering at the University of Sussex in England, then the MBA at Wharton 1983. His early career was at investment banking boutique Needham & Co where he became president in 1991. He founded hedge fund Galleon Group making big bets on health care, technology companies, Forbes said. The company today manages $7.5 billion across six funds.

Top to the page  |  E-mail  |  views[1]
Other Financial Times Articles
Key LMSL hearing in SC tomorrow
Share repurchase needs to be thought through
Britannia biscuits thro Murali clan
Vallibel deal to be finalised in 3 weeks
Rajaratnam: Rich American from Sri Lanka
Giant-size concrete blocks
Duty to the public - Comment
Gender perspective in the Budget urged in new study
Fitch warns of liquidity crisis in finance cos. if economy weakens
ICASL’s 29th National Conference next month
Two ambitious projects to promote domestic tourism launched
SLT VisionCom launches much-awaited IPTV
Corporate Governance on Finance Companies - Letter
PBJ’s extended pleasure expedition - Letter
JKH Group awards schols to children of employees
‘Garments without Guilt’ campaign shines at AME awards 2008
HSBC arranges $45 mln loan for Mobitel
Ceylon Glass changes name Piramal Glass Ceylon PLC
Years of research into Samahan
IFC roadshow for SMEs in Ratnapura


Reproduction of articles permitted when used without any alterations to contents and a link to the source page.
© Copyright 2008 | Wijeya Newspapers Ltd.Colombo, Sri Lanka. All Rights Reserved.