What is Mohnish Pabrai Net Worth 2023: Wiki, Age, Weight, Height, Relationships, Family, And More

What is Mohnish Pabrai Net Worth 2023 Wiki, Age, Weight, Height, Relationships, Family, And More

Mohnish Pabrai is a renowned Indian-American businessman, investor, and philanthropist. He has gained significant recognition in the financial world for his successful investment strategies and impressive net worth.

In this article, we will explore Mohnish Pabrai net worth and salary in 2023, delve into his early life and career, and provide insights into his personal life.

Quick Facts

Full NameMohnish Pabrai
Popular NameMohnish Pabrai
GenderMale
Birth DateJune 12, 1964
Age59
ParentsN/A
SiblingsN/A
Birth PlaceBombay (Mumbai), India
NationalityIndian-American
EthnicityN/A
EducationDegree in mechanical engineering
Marital StatusMarried
Sexual OrientationN/A
Wife/SpouseHarina Kapoor
ChildrenN/A
DatingN/A
Net WorthRs. 1,202.7 crore
Source of WealthInvestment funds

What is Mohnish Pabrai Net Worth and Salary in⁣ 2023?

What is Mohnish Pabrai’ Net Worth and Salary in 2023

As of June 2023, Mohnish Pabrai’s net worth stands at Rs. 1,202.7 crore. This impressive figure reflects his success as an investor and businessman.

Pabrai’s investment funds, including Pabrai Investment Funds and Dhandho Funds, have contributed significantly to his net worth. With his astute investment strategies, Pabrai has consistently outperformed the market, achieving an annualized return of over 25% since the inception of his portfolio.

Why is ⁣Mohnish Pabrai Famous?

Mohnish Pabrai is famous for ⁤his ⁣outstanding investment skills and his tremendous success in ​the financial industry. He gained⁤ widespread recognition for his investment strategies, which⁢ are greatly influenced by Warren⁤ Buffett’s principles.

Pabrai has consistently outperformed the market, providing significant returns ⁢for his⁣ investors ‌and ​solidifying his ⁣reputation as one of ⁤the most respected investors of our time.

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Mohnish Pabrai ‌Overview

Early Life

Mohnish Pabrai was born on June 12, 1964, in Bombay (Mumbai), India. He grew up in a middle-class family and developed a passion for investing from a young age.

Pabrai earned a degree in mechanical engineering from the prestigious Indian Institute of Technology (IIT). His educational background provided him with a strong foundation in analytical thinking and problem-solving skills, which he later applied to his investment career.

Career and Awards

Mohnish Pabrai Overview

Mohnish Pabrai, an Indian-American businessman, investor, and philanthropist, has had a remarkable career that spans several decades.

His early career was marked by a stint at Tellabs between 1986 and 1991, where he initially worked in its high-speed data networking group before transitioning to its international subsidiary. This shift allowed him to gain valuable insights into international marketing and sales.

In 1991, Pabrai took a significant step in his career by founding his IT consulting and systems integration company, TransTech, Inc. He started the company with about $30,000 from his personal 401(k) account and $70,000 in credit card debt. The company proved to be a successful venture, and he sold it to Kurt Salmon Associates in 2000 for a whopping $20 million.

Pabrai’s career took another turn in 1999 when he founded the Pabrai Investment Funds, a family of hedge funds inspired by Warren Buffett’s partnerships.

His investment strategy, which involves identifying and investing in undervalued stocks, has been instrumental in his success as a financier. His portfolio includes long-standing holdings in companies like Rain Industries Ltd., Sunteck Realty Ltd., and Edelweiss Financial Services Ltd.

In addition to his business ventures, Pabrai is also a published author. He has written two books, The Dhandho Investor and Mosaic – Perspectives on Investing, where he shares his investment philosophy and insights. These books provide valuable knowledge and perspectives on investing based on Pabrai’s successful career and investment strategies.

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Pabrai’s net worth as of June 2022 is approximately $150 million or Rs. 1,185.62 crores, a testament to his successful career as a financier and investor. Despite his wealth, Pabrai remains committed to giving back to society.

In 2005, he and his wife, Harina Kapoor, founded the Dakshana Foundation with the aim of alleviating poverty in India. They have committed to donating approximately 2% or $1 million of their wealth every year to this cause.

In summary, Mohnish Pabrai’s career is a blend of entrepreneurship, investment, and philanthropy. His journey from working in a tech company to becoming a successful financier and philanthropist is truly inspiring. His career serves as a testament to his business acumen, investment prowess, and commitment to social causes.

Personal ⁣Life

Aside from his successful career in finance, Mohnish Pabrai is also known for his philanthropic endeavors. In 2005, he and his wife, Harina Kapoor, established the Dakshana Foundation, with the aim of giving back to society.

The foundation focuses on providing tutoring services to underprivileged individuals in India, enabling them to attend elite institutions of higher learning. Pabrai’s commitment to philanthropy reflects his desire to alleviate poverty and create opportunities for those less fortunate.

Social Media Accounts

FAQs‍ about Mohnish Pabrai​

How did Mohnish Pabrai start his career?

Pabrai began his career at Tellabs and later founded his own IT consulting company, TransTech, Inc., in 1991.

What is Mohnish Pabrai’s investment style?

Pabrai follows a value investing approach, similar to Warren Buffett. He seeks out undervalued stocks and holds them for the long term.

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When did Mohnish Pabrai start investing?

Pabrai started investing in 1995 with $1 million in savings.

Conclusion

In conclusion,⁤ Mohnish Pabrai ⁤is not ‍only a highly successful‌ investor but also an‌ inspiration to many ‍aspiring entrepreneurs. His remarkable net worth is a testament⁣ to his exceptional⁤ investment strategies and ⁣ability to create substantial ⁤wealth. With his continued​ success,​ Pabrai’s net worth is expected to grow even further, solidifying his position ‍as⁢ a prominent figure in ​the​ finance industry. Thank you for reading.

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