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Raj Rajaratnam Net Worth

Raj Rajaratnam Net Worth: Raj Rajaratnam is a Sri Lankan American former hedge fund supervisor who has a web worth of $1.3 billion. Raj Rajaratnam generated his riches as a result of the founding father of the Galleon Group, a New York-based hedge fund administration company. Born to a father who headed the Singer Sewing Machine Co. in South Asia, he acquired the likelihood to attend Dulwich College in London along with Wharton School of the University of Pennsylvania. Rajaratnam made his occupation beginnings as a lending officer at Chase Manhattan Bank, after which he grew to change into analyst on the funding banking boutique Needham & Co. Rapidly rising via the ranks, he grew to change into the highest of research in 1987 and the President in 1991. Some six years later, he organize Galleon Group, which initially was making massive bets on effectively being care and know-how firms. In 2009, the group was already acknowledged to deal with roughly $7.5 billion all through 6 funds. But in 2001, Raj Rajaratnam was found accountable on all 14 counts of securities fraud and conspiracy, in response to numerous research. Ever given that announcement was made in a lower Manhattan federal court docket docket, Rajaratnam has been carrying an digital monitoring system and stays free on bail.