Swraj Paul Biography
Swraj Paul is a philanthropist and business magnate from India who now lives in the United Kingdom. Conservative Prime Minister John Major made him a life peer in 1996, and he now sits in the House of Lords as a crossbencher with the title Baron Paul, of Marylebone, in the City of Westminster.
How old is Swraj Paul? – Age
He is 91 years old as of 18 February 2022. He was born in 1931 in Jalandhar, India. His real name is Swraj Paul, Baron Paul.
Swraj Paul Family – College
Payare Lal’s father managed a small foundry that produced steel buckets and farm equipment. Mongwati was his mother’s name. Apeejay School is presently located on the site of his childhood house.He and his family own a dozen apartments in the tower, each worth a million pounds or more.
Swraj Paul graduated from Labbu Ram Doaba School with a high school diploma. Paul attended Lahore’s Forman Christian College and Jalandhar’s Doaba College. He studied mechanical engineering in the United States, earning BSc, MSc, and MechE degrees from the Massachusetts Institute of Technology.
Swraj Paul Wife
He has been married to Aruna Vij since 1956. The couple has Angad Paul, Ambika Paul, Ambar Paul, Akash Paul, Anjli Paul, and Anlali Paul. On November 8, 2015, his son Angad Paul, CEO of Caparo plc, died after falling from his Marylebone penthouse residence. According to a police statement, there were no suspicious circumstances.
Swraj Paul Caparo Group
He moved to the United Kingdom in 1966 to seek medical treatment for his little daughter, who was diagnosed with leukemia. He mourned her death for a year before launching Natural Gas Tubes. He began with one steel unit and gradually added to his collection.
In 1968, he founded the Caparo Group, which grew to become one of the UK’s leading steel conversion and distribution companies, producing structural steels, precision tube, spirally welded tube, unique bar grades, industrial wires, cold rolled strip, and spring steel strip. In 1996, Lord Paul stood down as chairman of the Caparo Group.
Caparo employed around 10,000 workers in North America, Europe, India, and the Middle East until Autumn 2015. 16 of the 20 limited businesses that made up the majority of Caparo Group UK went into administration in October 2015, and his son Angad Paul, the Group’s CEO, died in an apparent suicide from his eighth-floor penthouse flat on November 8, 2015.
Swraj Paul Politics
Paul was sworn into the Privy Council in October 2009 as the Deputy Speaker of the House of Lords and a former chairman of the London 2012 Olympic Delivery Committee (LDCC). He is the first person of Indian descent to assume the position of deputy speaker. Lord Paul was the highest fundraiser to Gordon Brown’s leadership campaign, donating £500,000 to the Labour Party.
Swraj Paul Net worth
He has an estimated net worth of $2 billion.