Pankaj oswal biography of michaels

  • Flamboyant Indian billionaire Pankaj Oswal
  • Pankaj Oswal was the co-founder and

    • Pankaj Oswal

    Pankaj Oswal was the co-founder and developer of the Burrup Fertilisers project, located on the Burrup Peninsula near Dampier. He and his wife Radhika rose to prominence in Perth business and social circles during the 2000’s before leaving the country in acrimonious circumstances in 2010. The ANZ Bank placed Burrup Fertilisers in receivership in December 2010, amidst allegations Mr Oswal had siphoned money from the company to his private interests. Norwegian company Yara, which had acquired a 35 per cent stake in Burrup Fertilisers before it went into receivership, acquired the ammonia plant in 2012 through a 51:49 joint venture with gas supplier Apache Energy in a deal that valued the plant at $850 million. It now operates the plant under the name Yara Pilbara. Mr Oswal’s legacy in Perth included a sprawling half-built mansion in the Perth suburb of Peppermint Grove, which was demolished in 2016.

    Meet Indian couple, owner of one of world’s most expensive houses worth Rs 1649 crore, not Ambanis, it is located in….

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    The mansion, called Villa Vari, was designed by Jeffrey Wilkes, a famous interior designer known for working on properties like the Oberoi and Leela hotels. Once owned by Greek heiress Christina Onassis, the villa has been beautifully renovated.

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    Many people dream of owning a luxurious villa or mansion, but only a few make it a reality. One Indian family, however, has turned this dream into their life. Indian billionaire couple Pankaj and Radhika Oswal living in Switzerland, bought one of the world’s most expensive and luxurious homes, worth $200 million (around Rs 1,649 crore).

    The mansion, called Villa Vari, was designed by Jeffrey Wilkes, a famous interior designer known for working on properties like the Oberoi and Leela hotels. Once owned by Greek heiress Christina Onassis, the villa has been beautifully renovated by the Oswals with luxury furnishings from around the world.

    Spanning 40,000 square meters, the villa is nestled near the snowy peaks of Mt. Blanc in the charming village of Gingins, just 15 minutes from Geneva. It is the largest property in the Canton of Vaud. The Oswal family, including their daughters Vasundhara (24) and Ridi (18), have lived in Switzerland for 10 years and recently moved into their new home, which is named after their daughters.

    Vasundhara, a finance graduate with honors, is now Executive Director of PRO Industries and Director General of Axis Minerals. Ridi is studying chemical engineering in London while building a career as a singer-songwriter in Indo-Western pop music. Despite their massive net worth of over $3 billion and thriving businesses in petrochemicals, real estate, fertilizers, and mining, the Oswals have kept a low profile.

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    Business tycoon Abhey Oswal cremated in Delhi

    Ludhiana: Business tycoon Abhey Oswal, who died of a heart failure in Moscow on Tuesday night, was cremated in Delhi on Thursday. His last rites would be held in Ludhiana on Sunday.
    His cremation was attended by prominent businessmen from all across the country including Oswal family from Ludhiana.
    "The last rites would be organized in Ludhiana at a resort on Sunday.People from all across the country would come to pay him their last respects. His demise is a big loss to our family and he was inspiration for many," said Kamal Oswal, managing director and vice-chairman of Nahar Industrial Enterprises.
    Chairman and director of Oswal Green Tech Limited, Abhey was brother of prominent city industrialists Jangi Oswal, Jawahar Oswal and Neelam Oswal.
    It was in 1969, that he joined the family business and then set up Oswal Agro Limited. He started his career with capital share market and then he set up two fertiliser plants in UP following partition in the family.
    In 2005, he sold these plants and then started manufacturing of life saving medicines in Russia. He also forayed into the real estate business and recently launched three real estate projects in Ludhiana city as well.
    Oswal was known for developing life-saving medicines, particularly for cancer and diabetes. He personally oversaw work at Mohan Dai Oswal Cancer Hospital in Ludhiana.
    He is survived by his wife Aruna Oswal, two sons - Pankaj Oswal, Shaiendra Oswal and daughter Shalu Jindal, who is married to former MP and leading industrialist from Haryana Navin Jindal.
    His elder son, Pankaj Oswal, is believed to own world's largest ammonia plant in Perth, Australia. The second son, Shail, is into music and movies.
    Abhay Oswal's cousin SP Oswal, chairman, Vardhaman Group, said he was a great decision maker and that there was a lot to learn from him.

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