Friday 12 June 2020

Case Study on Top 10 Rich Indian Babas by Harshada Shinde [MBA FA] Manager Fintech Aircrews Aviation Pvt Ltd

Case Study on Top 10 Rich Indian Babas 
Harshada Shinde 

Case Study on Top 10 Rich Indian Babas by Harshada Shinde [MBA FA] Manager Fintech Aircrews Aviation Pvt Ltd
India has many religions and we respect every religion sentiment. Here people believe in their religion guru. Some Guru believe in people, and they spend their life for other. But here are some Sadhu Sant, who open their trust and they make money from donation or doing some business. In the name of god and spirituality these enlightened individuals have helped millions around the world and built empires which even the most successful businessmen struggle to match up to. Let’s take a look at some of the richest ‘gurus’ in India.
-1-Acharya Balkrishna: Known to be a close associate of Yoga-guru Baba Ramdev, Acharya Balkrishna is a spiritual leader in India. He owns about 34 companies with an annual turnover of more than 265 crore INR. The fast-growing consumer goods company Patanjali Ayurved has changed the fortune of Balkrishna who owns 98.6% of the company in partnership with Baba Ramdev. In addition to this, he is also the chief editor of Yog Sandesh magazine, a researcher, and practitioner of Ayurveda. This Indian billionaire is reported to have an estimated net worth of 6.1 billion dollars. Woah!
-2- Satya Sai Baba: The richest Baba of India is Satya Sai Baba. Sathya Sai Baba founded a large number of schools and colleges, hospitals, and other charitable institutions in India and abroad, the net financial capital of which is usually estimated at Rs. 400 billion (US$9 billion). However, estimates as high as 1.4 trillion rupees (about US$31.5bn) have also been made. After his death, about 98 kg gold, 11.56 crore cash and 307 kg silver was recovered from his room. Their total assets are shocking. Satya Sai Baba's total assets are around 9 billion dollars (64 thousand crores rupees). One of India's most revered spiritual leaders, Sri Satya Sai Baba, has died in hospital at the age of 84. The guru, who suffered respiratory problems and kidney failure, died in his hometown Puttaparthi after a cardiac arrest, doctors said.
-3- Mata Amritanandamayi: Many people wonder how a little girl from a simple South Indian village came to be known throughout the world as “Amma, the Mother of All.” If we look at Amma’s life, this is what we see—someone who has offered her every thought, word and deed for the benefit of others. Giving is the essence for her. Amma is respected for her humanitarian activities in the country and is the richest god woman ever. Her main sources of income are Amrita Schools spread across Kerala, Amrita Institute of Medical Science and Amrita Vishwa Vidyapeeth colleges. Contributions from Indian and foreign followers add to her finances. She runs the Amritanandamayi Trust that is reported to have assets worth more than 1500 crore INR (230 million USD).
-4-Maharishi Mahesh Yogi - Maharishi Mahesh Yogi, original name Mahesh Prasad Varma, (born 1917, Jabalpur, India—died Feb. 5, 2008, Vlodrop, Neth.), Hindu religious leader who introduced the practice of transcendental meditation (TM) to the West. Transcendental Meditation Guru Maharishi Mahesh Yogi is the top rich Baba of India. Mahesh Yogi (left) with the Beatles in 1967. Transcendental Meditation guru Maharishi Mahesh Yogi's vast fortune in India, mostly land, estimated to be worth Rs 60,000 crore, has sparked a bitter conflict between his heirs and followers. Now he has not lived in this world. He died in the year 2008.
-5-Baba Ramdev - Baba Ramdev is one of the most popular Indian Yoga Guru. He has a great fan following. He Co-founded this three organization, Patanjali Ayurved. Ramdev was born on 25 December in a Hindu family in 1965 to Ram Niwas Yadav and Gulabo Devi at Hazaribag Ali Saiyad Pur village of Mahendragarh district.  Patanjali Yogpeeth, Bharat Swabhiman Trust. Ramdev is also the Brand ambassador of Patanjali but Acharya Balakrishna is main man behind that company.Acharya Balakrishna. Patanjali CEO Acharya Balkrishna is one of India’s richest businessmen, according to the Chinese magazine Hurun. According to a company official report annually earnings in 2016 were US$700 million or ₹5,000 crore with monthly of US $73 million to US $80 million.
-6-Asaram Bapu - Asaram Bapu, currently spending a day in jail, owns 350 ashrams and 17,000 Bal Sanskar Kendras. His total assets are around 10000 crores. Asumal Sirumalani Harpalani, known as Asaram, is a self-proclaimed religious leader (Godman) in India. Starting to come in the limelight in the early 1970s. He gradually established over 400 ashrams in India and abroad and was popular among politicians and common people for his religious pravachans. Asaram’s trust owns over 350 ashrams across the country as well as abroad besides 17000 Bal Sanskar Kendras. The trust is reported to have a turnover of about 350 crore INR (53 million USD) including the controversial ashram located in the Ridge area of Delhi.
-7-Morari Bapu - 73 year old Baba Morari Bapu narrates the story in Hindi and Gujarati language. Let me tell you that his total assets are around 1500 crores. Morari Bapu is a renowned exponent of the Ram Charit Manas and has been reciting Ram Kathas for over fifty years throughout the world. The overall ethos of his Katha is universal peace and spreading the message of truth, love and compassion. While the focal point is the scripture itself, Bapu draws upon examples from other religions and invites people from all faiths to attend the discourses. Morari Bapu started his career as a primary school teacher in a nearby village to Talgajarda. Several years later today, his estimated net worth is around 76 million dollars.
-8-Avdhoot Baba Shivanandji Maharaj - Avdhoot Shivanand is an Indian spiritual leader and founder of ShivYog, a nonprofit organization that offers meditation programs. He conducts pravachans which are broadcasted on multiple television channels such as Aastha TV, Adhyatm TV and Sanskar TV. He is also involved in various social development activities, which has bestowed him with various honors from communities. Babaji is a social reformer and a self-realized master who has opened the doors of esoteric knowledge for the common man. He currently controls a wealth of more than 40 crore INR (6 million USD) and is one of the richest spiritual gurus in India.
-9-Sri Sri Ravi Shankar - Gurudev Sri Sri Ravi Shankar is a humanitarian leader, spiritual teacher and Ambassador of peace. His vision of a stress-free, violence-free society has united millions of people of the world through service projects and the courses of The Art of Living. The renowned guru, born in Tamil Nadu, started studying Vedas at the age of six and by the age of 17, he completed his Vedic literature and science studies. According to reports, he owns assets worth 1000 crore INR (153 million USD) including his Art of Living centers, health and pharmacy centers. His main sources of income include Art of Living Centre in Bangalore, PU college, Sri Centre of Media Studies in Bangalore, Sri Sri Vidya Mandir Trust, Art of Living Health & Educational Trust and Sri Sri University in the United States and more.His total assets are around 1000 crores.
-10-Gurmeet Ram Rahim - The head of the 'Dera Sacha Sauda' Institute, Gurmeet Ram Rahim has also been an actor, director and producer. His total assets are more than 300 crores rupees. Gurmeet Ram Rahim Singh is the head of the Indian social group Dera Sacha Sauda (DSS) since 1990. The Indian Express had placed Ram Rahim 96th in their list of the 100 most powerful Indians of 2015. He has released several music albums and films, which typically revolve around himself and his teachings. He is usually credited in his films as actor, director, writer, songwriter, as well as various other roles, in one instance being credited in thirty departments. He also owns a 175-bed hospital in Rajasthan, market complexes, and gas stations. This popular spiritual leader and preacher with followers in Haryana, Punjab and all over has an estimated net worth of about 300 crore INR (46 million USD) and is one of the richest spiritual gurus in India.

Harshada Shinde[MBA FA]

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