Achal Bakeri Net Worth, Earning and Salary 2017
Achal Bakeri is an Indian entrepreneur and founder, chairman and managing director of Symphony Limited, the world’s largest air-cooler manufacturing company in today’s date.We present an insight into the details of Net Worth of Achal Bakeri and his various income sources in this article.
HOW MUCH ACHAL BAKERI NET WORTH 2017 –DOLLAR 1.26 BILLION
Achal Bakeri – The Entrepreneur:
Achal Bakeri was born in the year 1960 in Ahmedabad, India to father Anil Bakeri who was a real estate businessman and mother Hansaben. Bakeri completed his diploma in architecture from CEPT University, located in Ahmedabad, and a Master of Business Administration in the United States from the University of Southern California, located in Los Angeles, California. He returned to India and started working with his father’s real estate business in Ahmedabad that goes by the eponymous Bakeri, having done his MBA in real estate finance. But he quickly changed his career trajectory after he got an epiphany that summer for Achal Bakeri salary. He was prompted to set up an air-cooler company to see if there was a market for efficient and well-designed models, and started Symphony with a seed capital of just Rs 7 lakh, which he got from his family. While he designed the air-coolers himself, he wanted a sleeker look and feel in contrast to existing local models, he outsourced the manufacturing process. After selling a thousand coolers in the first year and increasing Achal Bakeri earning, Symphony sold 7,000 in 1989. The next year, Bakeri started selling units, not just in Ahmedabad but also in other parts of India, and was able to increase his sales to 21,000 units giving a lift to Achal Bakeri Net Worth. He found a comfortable niche for Symphony, and in 1994, he listed it on the Bombay Stock Exchange. With creating the World’s most valuable air-cooler manufacturing company with a market cap of a billion dollars, he found himself as a new entrant on the 2015 Forbes India Rich List at rank 89: Bakeri, who is chairman and managing director of the company, is worth Dollar 1.26 billion, Achal Bakeri income.
Achal Bakeri Net Worth Sources
Bakeri is the recipient of awards, additional to a hefty Achal Bakeri Net Worth, including Rotary International Entrepreneur of the year 1992, India Young Business Achiever Award 1995, Finalist World Young Business Achiever in London, EY Entrepreneur of year Award 2014 Finalist and has his name in the Forbes List of Billionaires 2015, which all added up to the Net Worth of Achal Bakeri. Bakeri also serves as a director of Symphony, Symphony Designer Properties, Bakeri Engineering & Infrastructure, Harmony Holdings, Oras Investments, Paratam Investments and Bakeri Urban Development.
Achal Bakeri Age, Car, House, Spouse, Girlfriend, Height & Weight
Nickname – Achal
Achal Bakeri Spouse – –
Achal Bakeri Sister/Brother – Paavan/ Pawani
Date of Birth / Birth City – 1960/ Ahmedabad(India)
Achal Bakeri Height Feet – 5’8″
Weight – 80 Kg (Appox)
Achal Bakeri Age- 56
Achal Bakeri Car – –
Achal Bakeri House Location – Ahmedabad
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