Biography
Raj Kundra is a British-Indian businessman and part-time actor. In 2004, Success magazine ranked him the 198th richest British Asian. He has invested in various interests, including cricket and mixed martial arts.
Background
Raj Kundra was born in London, England, to Indian immigrants. His parents were Punjabi Hindus from Raipur, Mansa. His father, Bal Krishan Kundra, worked as a bus conductor in London before starting his business. His mother worked as a shop assistant.
Raj Kundra Poker
In 2016, Raj Kundra started an online poker platform. It featured celebrity-endorsed poker games to attract fans and casual players. However, the business didn’t last long. It shut down because of internal disagreements between the partners who ran it.
Poker Raj & OTPL (Online Team Poker League)
Raj Kundra launched another online poker platform called Poker Raj. It offered cash games and Freerolls. Later, they added the Online Team Poker League(OTPL), where 30 teams would compete online. Teams represented different cities or regions for a total prize money of ₹5 crore. The winning team would represent India in international poker events.
Legal Troubles & Controversies
- In 2013, Kundra was questioned and later banned from IPL-related activities due to the IPL Spot fixing case.
- In 2021, he was arrested in Mumbai over allegations of producing adult content via apps.
- Authorities allegedly froze assets worth ₹97 crore tied to a Bitcoin investment scheme.
Raj Kundra Net Worth
As of 2024, multiple financial media outlets, including Financial Express and Men’s XP, estimated his net worth to be ₹2,800 crore.
Frequently Asked Questions
How did Raj Kundra make his money?
Raj Kundra has several business ventures through which he makes money. He is even a part-time actor.