Kushal Pal Singh

Chairman and CEO of DLF Limited

Net worth: US$2.5 billion (Nov. 2015)

Kushal Pal Singh better known as K.P Singh is a real estate king in India as he is the chairman and CEO of DLF Limited, India's largest real estate developer. He stands at 395th position in the Forbes’s list of world’s richest people with the networth of $3.9 billion. His company is built in a huge area of 10,255 acres in Gurgaon, India called DLF City. Although into money making now, he was initially an Air force officer as he studied Aeronautical Engineering in UK and was then chosen to be in the Indian Army by British Officers Services Selection Board, UK. But later in life he joined American Universal Electric Company and soon after its amalgamation with DLF Universal Limited in 1979, he took over as the Managing Director of this new company, a step which became crucial to Kushal Pal Singh net worth. Since then the journey of being a real Estate king began. Very recently in 2011 Singh launched an autobiography named Whatever the Odds: The Incredible Story Behind DLF’, was launched by Jack Welch. DLF has at present 100 million square feet of land which is being developed for residential, commercial and retail projects all over India. He was also once the President of ASSOCHAM (Associated Chamber of Commerce and Industry of India) and the PHD Chambers of Commerce & Industry which will surely inflate Kushal Pal Singh net worth. Few years ago he got the 'Delhi Ratna' Award from the Chief minister of Delhi Ms. Sheila Dixit for his outstanding role to Delhi. Despite being from a very small town of India KP Singh has maintained a very lavish lifestyle. The businessman owns a private jet Gulfstream IV which is one of the most luxurious privet jets in world. He also owns many lavish cars and Mercedes Benz S-Class is one of the collections, thanks to the huge Kushal Pal Singh net worth. K.P. Singh is married to Indira Singh and has three children.

DLF Universal- Company Profile

· Under Singh's leadership, DLF built and developed DLF city, on the 3000 acre land purchased in Gurgaon.

· DLF, as a group, played a significant role in attracting a number of MNCs to India, leading to employment generation and international level competition.

· It was instrumental in bringing huge brand names to the nation, GE and Nestle, to name a few.

· DLF Cyber City in Gurgaon is amongst the biggest integrated technology parks in India, spanning across 125 acres.

· The only night golf club in India, and one of the top golf clubs in Asia, also attributes it's presence to DLF.

· Recently launched, DLF Emporio Mall in New Delhi stands out as the largest luxury mall of the metropolis.

· Presently, the company is handling many projects in various cities on a land bank of more than 10,000 acres.

· Title sponsorship, for the popular Indian Premier League series is also bagged by this company.

· The market capital of India's largest real estate company, DLF, now stands at Rs.1,14,744 crore.

Awards and recognization

• Decoration of Officer of the Order of St. Charles, on 4 October 2010, conferred by Prince Albert II of Monaco for his contributions as Honorary Consul General of Monaco in Delhi for the previous two decades.
• Padma Bhusan Award, on 26 January 2010, conferred by Government of India.
• Recognition by Forbes magazine as the richest real estate baron and eighth richest person in the world, on 24 March 2008.
• The Samman Patra Award, in 2000, conferred by Government of India for being one of the top taxpayers of Delhi region.
• Delhi Ratna Award, conferred by Government of Delhi for his valuable contribution towards the development of Delhi.
• A Special Award conferred by NDTV, at the Indian of the Year Award Function held on 17 January 2008, for his contribution towards growth of Indian economy.
• In 2011 he received the Entrepreneur of the Year award at The Asian Awards.