Ramesh Kunhikanna, Man Who Became Billionaire After Chandrayaan-3 Success

Ramesh Kunhikanna, Man Who Grew to become Billionaire After Chandrayaan-3 Success

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He based Kaynes Expertise in 1988

Ramesh Kunhikannan has been named on the Forbes Billionaires Record 2024 for the primary time this 12 months. With a powerful web value of $1.2 billion, Mr Kunhikannan has secured his place amongst a few of the world’s richest people, together with Elon Musk, Mukesh Ambani, Jeff Bezos and many others. Mr Kunhikannan, 60, ascended to billionaire standing following India’s area triumph with Chandrayaan-3 in August 2023.

5 info about Ramesh Kunhikannan:

  1. Ramesh Kunhikannan is the founder and managing director of Kaynes Expertise, an electronics producer headquartered in Mysore, India. 

  2. Mr Kunhikannan holds a bachelor’s diploma in electrical engineering from the Nationwide Institute of Engineering, Mysore. 

  3. He based Kaynes Expertise in 1988 as a contract producer of electronics. His spouse, Savitha Ramesh joined the corporate in 1996 and now serves as the corporate’s chairperson. 

  4. Ramesh Kunhikannan performed a significant function in India’s historic Chandrayaan-3 mission by supplying digital methods to energy each the rover and lander, which contributed to the mission’s profitable touchdown on the Moon’s floor in August 2023. Chandrayaan-3 was a mission led by ISRO with a funds of round ₹615 crore.

  5. Ramesh Kunhikannan has 64% stake in Kaynes Expertise and share values of the corporate elevated considerably after the success of Chandrayaan-3. This adopted the corporate’s already spectacular efficiency, with its shares tripling in worth since debuting on the share market in November 2022. Due to this, Mr Kunhikannan’s web value skyrocketed, reaching $1.2 billion in response to Forbes.

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