![\"Gandhis](\"https:\/\/greattelangaana.com\/english\/wp-content\/uploads\/2017\/05\/364e4bcfecde4a8ba300087c3b330a10manoftheyeartarangjain3818-699x380.jpg\")
<\/p>\nThe twin great grandsons of Mahatma Gandhi’s “fifth son” have become billionaires riding the draft of their uncle’s motorcycle business.<\/p>\n
Anurang Jain’s net worth hit $1.1 billion, according to the Bloomberg Billionaires Index, after auto parts maker Endurance Technologies Ltd. soared 74 percent since its October initial public offering. His brother, Tarang, has a $1.1 billion fortune based on the valuation of closely held Varroc Group, which also makes components for motorcycles and cars.<\/p>\n
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Both companies have long counted their uncle’s Bajaj Auto Ltd. as their biggest customer.”I will be the first one to shout at them if I find any problem,” Rahul Bajaj, 78, said in a May 11 phone interview. “Bajaj Auto has always insisted on better quality and lower cost. Indeed, both had worked on cost and quality, otherwise they would not have grown.”<\/p>\n
Bajaj, who recalls sitting in Gandhi’s lap and digging wells for the independence leader at his ashram, realized as a teenager that what propelled his family most wasn’t the spirit of non-violent political protest but a quest for success.<\/p>\n
“People say, while you are a child, you think of being a policeman or a pilot,” Bajaj said in an interview with Harvard Business School in 2014. “I never thought of anything else: business, business, business.”<\/p>\n
Since then, Bajaj transformed himself into the king of the Indian scooter industry and amassed a personal fortune valued at $4.2 billion, ranking him No. 433 on the Bloomberg index of the world’s 500 richest people.<\/p>\n
![\"Gandhis](\"https:\/\/greattelangaana.com\/english\/wp-content\/uploads\/2017\/05\/topimg_23855_anurang_jain.jpg\")
<\/p>\n
Samir Shrimankar, a spokesman for the Bajaj Group, confirmed Rahul’s net worth, while Anurang’s was verified by Sunil Lalai, an Endurance spokesman. Varroc representatives didn’t respond to requests for comment.<\/p>\n
Publicly traded Bajaj Auto, started by Rahul’s father and run by his son since 2005, is the group’s flagship business and India’s largest exporter of motorcycles and three-wheelers. The company is part of Bajaj Group, controlled by the billionaire and three cousins — Madhur, Niraj and Shekhar — through Bajaj Holdings & Investment.<\/p>\n","protected":false},"excerpt":{"rendered":"
The twin great grandsons of Mahatma Gandhi’s “fifth son” have become billionaires riding the draft of their uncle’s motorcycle business. Anurang Jain’s net worth hit $1.1 billion, according to the Bloomberg Billionaires Index, after auto parts maker Endurance Technologies Ltd. soared 74 percent since its October initial public offering. His brother, Tarang, has a $1.1 […]<\/p>\n","protected":false},"author":2,"featured_media":84045,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,2],"tags":[43363,43366,10550,43364,43360,43361,2860,43362,43367,43365],"class_list":["post-84042","post","type-post","status-publish","format-standard","has-post-thumbnail","category-politicalnews","category-top-stories","tag-anurang-jain","tag-bajaj-auto-ltd","tag-billionaires","tag-endurance-technologies-ltd","tag-gandhis-grandsons-are-billionaires","tag-great-grandsons","tag-mahatma-gandhi","tag-motorcycle-business","tag-rahul-bajaj","tag-tarang-jain"],"jetpack_featured_media_url":"https:\/\/greattelangaana.com\/english\/wp-content\/uploads\/2017\/05\/28end.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/posts\/84042","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/comments?post=84042"}],"version-history":[{"count":0,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/posts\/84042\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/media\/84045"}],"wp:attachment":[{"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/media?parent=84042"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/categories?post=84042"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/tags?post=84042"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}