Kushal Pal Singh is 5th of India's 40 Richest as per Forbes List 2009Net Worth: $7.8 billion
Age: 77
Marital Status: Married, 3 children
Hometown: Delhi
Real estate baron and DLF chairman lost $27.2 billion in past year. Attempt to boost share price through share buyback was unsuccessful as were its plans to list its real estate investment trust in Singapore. Company paid $40 million in February to sponsor new cricket league for 5 years.
Kushal Pal Singh or K.P. Singh was born on August 15, 1931, at Bulandshahar in Uttar Pradesh. Today he presides over DLF Universal Limited, India`s largest real estate developer. It has an estimated land bank of 10,255 acres with about 3,000 acres being in prime city locations such as Delhi NCR, Chandigarh and Kolkata.
K.P. Singh established India`s largest real estate company. DLF has now become the world`s largest real estate company in terms of revenues, earnings, market capitalisation and developable area.
A graduate in science, Mr. K.P. Singh pursued Aeronautical Engineering in UK, being subsequently selected to the Indian Army by British Officers Services Selection Board, UK. He was commissioned into the renowned cavalry regiment of The Deccan Horse of the Indian Army. In 1960, he joined American Universal Electric Company and soon after its merger with DLF Universal Limited in 1979, he took over as the Managing Director of this new company.
Present positions:
Chairman of the Board, DLF Limited. Chairman and Director of 31 different private companies engaged in various sectors of the economy. MeCommerce & Industry (FICCI). Member of Delhi Vision Group to overview the Master Plan of Delhi 2021. Honorary Consul General, Principality of Monaco.
Positions held:
President of the apex industry chamber of the country, Associated Chamber of Commerce & Industry of India (ASSOCHAM). President of the PHD Chamber of Commerce and Industry. Director of Central Board, Reserve Bank of India (RBI).
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