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Raj Rajaratnam
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Raj Rajaratnam

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Date of Birth June 15, 1957
Age 65 years, 1 months, 1 days
Place of Birth Colombo
Country United States
Profession Financier
Horoscope Gemini

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Raj Rajaratnam net worth, birthday, age, height, weight, wiki, fact 2021-22! In this article, we will discover how old is Raj Rajaratnam? Who is Raj Rajaratnam dating now & how much money does Raj Rajaratnam have?

SHORT PROFILE
ParentsJ. M. Rajaratnam, Rajeswari Muttucumaru
FatherNot Available
MotherNot Available
SiblingsRengan Rajaratnam
SpouseAsha Pabla
Children(s)Not Available

Raj Rajaratnam Biography

Raj Rajaratnam is a famous Financier, who was born on June 15, 1957 in United States. Raj Rajaratnam (Tamil: ராஜ் ராஜரத்தினம் ; born Rajakumaran Rajaratnam; June 15, 1957) is a Sri Lankan-American former hedge fund manager and founder of the Galleon Group, a New York-based hedge fund management firm. On October 16, 2009, he was arrested by the FBI for insider trading, which also caused the Galleon Group to fold. He stood trial in U.S. v Rajaratnam (09 Cr. 01184) in the United States District Court for the Southern District of New York, and on May 11, 2011, was found guilty on all 14 counts of conspiracy and securities fraud. On October 13, 2011, Rajaratnam was sentenced to 11 years in prison and fined a criminal and civil penalty of over $150 million combined. According to Astrologers, Raj Rajaratnam's zodiac sign is Gemini.

Rajaratnam contributed $3.5 million to the Tamils Rehabilitation Organisation (TRO), a group whose assets were frozen by the USA due to its close connections to the Tamil Tigers (LTTE) which are proscribed as a terrorist organization in 32 countries. TRO’s offices were raided by the FBI in 2006 but the organization was never charged with any wrongdoing.

Rajaratnam started his career as a lending officer at Chase Manhattan Bank where he specialized in business loans to technology companies. He joined the investment banking boutique Needham & Co. as an analyst in 1985, where he focused on the consumer electronics industry. He rapidly rose through the ranks, becoming the head of research in 1987 and the president in 1991, at the age of 34. At the company’s behest, he started a hedge fund—the Needham Emerging Growth Partnership—in March 1992, which he later bought and renamed Galleon Group.

Rajaratnam also conspired to get confidential information on the $5 billion purchase by Warren Buffett’s Berkshire Hathaway of Goldman preferred stock prior to the September 2008 public announcement of that transaction. The Wall Street Journal reported that a former member of the board of directors of Goldman Sachs and former McKinsey & Company chief executive Rajat Gupta told Rajaratnam about Berkshire’s investment before it became public. Gupta stood to profit as would-be chairman of Galleon International, a co-founder of New Silk Route with Rajaratnam, and as a friend of Rajaratnam. In March 2011 Gupta was charged in an administrative proceeding by the SEC. Gupta maintained his innocence, counter-sued, and won dismissal of the administrative charge, but was then arrested on criminal charges.

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Ethnicity, religion & political views

Many peoples want to know what is Raj Rajaratnam ethnicity, nationality, Ancestry & Race? Let's check it out! As per public resource, IMDb & Wikipedia, Raj Rajaratnam's ethnicity is Not Known. We will update Raj Rajaratnam's religion & political views in this article. Please check the article again after few days.

The Sri Lankan stock market fell sharply after Rajaratnam was arrested on insider trading charges in October 2009. Sri Lanka’s Securities and Exchange Commission is reviewing the active stock trading of Raj Rajaratnam with a view of identifying any insider trading.

Raj Rajaratnam Net Worth

Raj Rajaratnam is one of the richest Financier & listed on most popular Financier. According to our analysis, Wikipedia, Forbes & Business Insider, Raj Rajaratnam net worth is approximately $1.5 Million.

Raj Rajaratnam Net Worth & Salary
Net Worth$1.5 Million
SalaryUnder Review
Source of IncomeFinancier
CarsNot Available
HouseLiving in own house.

Rajaratnam is an ethnic Sri Lankan Tamil born in Colombo in what was then the Dominion of Ceylon (present-day Sri Lanka). His wealthy father, J. M. Rajaratnam, was the head of the Singer Sewing Machine Co. in South Asia. He attended S. Thomas’ Preparatory School, Kollupitiya before his family migrated to England. Rajaratnam’s family emigrated to England in 1971, concerned that the post-independence Sri Lankan ethnic violence against the Tamils would get more violent. He attended Dulwich College in London and later studied engineering at the University of Sussex, and then earned an M.B.A. from the Wharton School of the University of Pennsylvania in 1983.

The Sri Lankan stock market fell sharply after Rajaratnam was arrested on insider trading charges in October 2009. Sri Lanka’s Securities and Exchange Commission is reviewing the active stock trading of Raj Rajaratnam with a view of identifying any insider trading.

On Friday October 16, 2009, Raj Rajaratnam was arrested by the FBI for insider trading in the stock of several publicly traded companies. U.S. Attorney Preet Bharara put the total profits in the scheme at over $60 million, telling a news conference that it was the largest hedge fund insider trading case in United States history. Jim Walden, an attorney for Rajaratnam, said his client is innocent and would fight the insider-trading charges.

Raj Rajaratnam Height

Raj Rajaratnam's height Not available right now. weight Not Known & body measurements will update soon.
Raj Rajaratnam Height & Body Stats
HeightUnknown
WeightNot Known
Body MeasurementsUnder Review
Eye ColorNot Available
Hair ColorNot Available
Feet/Shoe SizeNot Available
It was reported that Rajaratnam, Goel, and Kumar were all part of the class of 1983 from Wharton business school.

In November 2009, Rajaratnam pledged to donate $1 million to help with the rehabilitation of the LTTE combatants. He donated to clear land mines in the war-affected areas in Sri Lanka. He recalled his visits to the mine-impacted areas of Sri Lanka and underscored the humanitarian toll that mines have taken. Recalling his encounter with a young child in Kilinochchi who had lost both legs to a land mine, Rajaratnam stated that this particular image that is etched in his memory “made it an easy decision to write the check.” He helped Sri Lankans recover after the 2004 tsunami. Rajaratnam was also a contributor to various causes that promoted development in the Indian subcontinent and programs that benefited low income South Asian youth in the New York area.

Who is Raj Rajaratnam dating?

According to our records, Raj Rajaratnam married to Asha Pabla. As of May 2022, Raj Rajaratnam’s is not dating anyone.

Relationships Record: We have no records of past relationships for Raj Rajaratnam. You may help us to build the dating records for Raj Rajaratnam!

On May 11, 2011, Rajaratnam was found guilty on all 14 counts of conspiracy and securities fraud. On October 13, 2011, Rajaratnam was sentenced to 11 years in prison by Judge Richard Holwell. To date, this was the longest prison sentence ever handed out for insider trading. The thirteen other defendants connected to Rajaratnam’s case received prison sentences averaging approximately three years each.

Facts & Trivia

Ranked on the list of most popular Financier. Also ranked in the elit list of famous celebrity born in United States. Raj Rajaratnam celebrates birthday on June 15 of every year.

His hedge fund was valued at $3.7 billion in 2009, down from a peak of $7 billion in 2008. According to a 2009 investor letter his $1.2 billion Diversified Fund had a net annualized return of 22.3 percent. Rajaratnam has been featured among the elite US money managers in a book called The New Investment Superstars. Initially, he primarily invested in technology and healthcare companies. He said that his best ideas came from frequent visits with the companies in which he invested and from conversations with executives who invested in his fund.

Rajaratnam served the first years of his 11-year sentence in Ayer, Massachusetts. His appeal to the United States Court of Appeals for the Second Circuit was argued in October 2012 by Patricia Millett, who subsequently became a federal Court of Appeals judge herself on the United States Court of Appeals for the District of Columbia Circuit on December 10, 2013.

U.S. District Judge Loretta Preska in Manhattan on March 3, 2017, rejected Rajaratnam’s bid to void much of his insider trading conviction and shorten his 11-year prison sentence, on account of Rajaratnam failing to show his actual innocence on five of the 14 counts on which he was convicted, or that two other counts should be vacated because the main government witness committed perjury. Preska also rejected Rajaratnam’s argument that his trial counsel was ineffective, and denied Rajaratnam’s bid to reduce the $53.8 million he agreed to forfeit to about $4.3 million.

Rajaratnam was incarcerated at Federal Medical Center, Devens in Ayer, Massachusetts, an administrative facility housing male offenders requiring specialized or long-term medical or mental health care. Rajaratnam was released to home confinement in his Upper East Side Manhattan apartment, located on Sutton Place, in the summer of 2019.

You may read full biography about Raj Rajaratnam from Wikipedia.