Rana Kapoor
Finance and Investments

Rana Kapoor Net Worth

Rana Kapoor, born in Mumbai, India on September 09, 1957, is India's second-richest self-made banker with an 11% stake in Yes Bank. He cofounded Rabo India Finance in 1998 and obtained a rare banking licence to set up Yes Bank in 2004, which is now India's fifth largest bank in the private sector.
Rana Kapoor is a member of Finance and Investments

Age, Biography and Wiki

Birth Day September 09, 1957
Birth Place Mumbai, India, India
Age 65 YEARS OLD
Birth Sign Libra
Residence Mumbai, India
Alma mater University of Delhi Rutgers University
Title Founder, MD and CEO, Yes Bank
Spouse(s) Bindu Kapoor
Children 3 daughters (Radha, Rakhee & Roshini)

💰 Net worth: $1.3 Billion (2024)

Rana Kapoor, a prominent figure in the field of finance and investments in India, is projected to have a net worth of $1.3 billion by 2024. Recognized for his astute business acumen and expertise in the financial sector, Kapoor has established himself as one of the leading personalities in India's financial landscape. Through his entrepreneurial ventures and strategic investments, he has amassed significant wealth, solidifying his position as a successful and influential figure in the industry. With his continued dedication and passion for finance, Kapoor's net worth is expected to soar even higher in the coming years.

Biography/Timeline

1973

Kapoor was born and was brought up in New Delhi. He completed his schooling from Frank Anthony Public School in 1973 and went on to earn a bachelor's degree in economics from Shri Ram College of Commerce (1977). He then obtained an MBA degree from Rutgers University in New Jersey, US (1980). Kapoor received an honorary fellowship from All India Management Association (AIMA), the President’s Medal from Rutgers University, an honorary doctorate from G B Pant University of Agriculture & Technology.

1980

In 1980, Kapoor joined Bank of America (BoA) as a management trainee. In 1990 he was presented the Eagle Pin by the chairman. He eventually went on to head the wholesale banking Business which included several assignments in Asian countries. Kapoor worked at BoA for about 16 years, till 1996, managing corporate, government and financial institution clients. He was awarded the chief executive officer's award by the chairman for his performance. In 1996, Kapoor joined ANZ Grindlays Investment Bank (ANZIB) as general manager & country head. He worked there for two years, until 1998.

1995

In February 1995, a team from Rabobank arrived in India, scouting for opportunities. Kapoor, his brother-in-law Ashok Kapur and Harkirat Singh made a proposal to the visiting team for two joint ventures: a non-banking financial company and a bank. During the next year, Kapoor held meetings with the Rabobank executives in India, Singapore and the Netherlands. The NBFC was set up 1997, with the three Indian partners chipping in with an equity capital of ₹ 9 crore each. In 2003, the three sold their stake for $10 million each, generating the seed fund for the bank. In 2003, the team was granted a banking licence by the Reserve Bank of India (RBI) to set up Yes Bank. They established Yes Bank with the vision of "Building the Best Quality Bank of the world in India" by 2015. Rana Kapoor held 26% stake in Yes Bank, Ashok Kapur held 11%, and Rabobank International held 20% stake. Ashok Kapur died in 2008.

2005

In 2005, Kapoor was named Ernst & Young's Start-up Entrepreneur of the Year. As of 2012, Kapoor is the managing Director and CEO of Yes Bank.

2017

In January 2017, Bloomberg noted that with the rising share price of Yes Bank, Kapoor had become a Billionaire.

Some Rana Kapoor images

About the author

Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.