Byrraju Ramalinga Raju

Quick Facts

Full Name	Byrraju Ramalinga Raju
Occupation	Entrepreneur
Date Of Birth	Sep 16, 1954(1954-09-16)
Age	70
Birthplace	Bhimavaram
Country	India
Birth City	Andhra Pradesh
Horoscope	Virgo

Byrraju Ramalinga Raju Biography

Byrraju Ramalinga Raju is one of the most popular and richest Entrepreneur who was born on September 16, 1954 in Bhimavaram, Andhra Pradesh, India.

Byrraju Ramalinga Raju (born 16 September 1954) is the former chairman and CEO of Satyam Computer Services, from 1987 until 7 January 2009. Raju stepped down following his admission to embezzlement from the company to the tune of Rs 71.36 billion (approximately US$1.5 billion), including Rs 50.40 billion (approximately US$1 billion) of non-existent cash and bank balances. In 2015, he was convicted of corporate fraud, which led to the collapse of Satyam Computers.

In 1987, Raju incubated Satyam Computer Services along with one of his brothers-in-law, DVS Raju at P&T colony in Secunderabad and 20 employees. In 1991, Satyam won its first fortune 500 client – John Deere. Raju navigated Indian bureaucracy to obtain the required clearance to transmit data from India. The company went public in 1992. Raju was enrolled in the Owner/President Management (OPM) program at Harvard Business School in the 1990s. In an interview with Deccan Chronicle way back in 1998, Raju was talking about Satyam’s ambition of operating out of 50 countries with an employee count of more than 50,000. In 1999, Raju launched Satyam Infoway (Sify) as Satyam’s internet subsidiary, thereby becoming an early participant in the Indian internet service market. Sify was later sold to Raju Vegesna.

Byrraju Ramalinga Raju Net Worth

Byrraju Ramalinga Raju is one of the richest Entrepreneur from India. According to our analysis, Wikipedia, Forbes & Business Insider, Byrraju Ramalinga Raju 's net worth $5 Million. (Last Update: December 11, 2023)

Ramalinga Raju, the eldest of four children, was born on 16 September 1954 to a farming family. He earned a Bachelor of Commerce degree from Andhra Loyola College at Vijayawada and subsequently earned an MBA from Ohio University in the United States. After returning to India in 1977, Raju married at the age of twenty two. He ventured into many businesses including Dhanunjaya Hotels, Cotton spinning mill named Sri Satyam Spinning funded by Andhra Pradesh Industrial Development Corporation (APIDC) with an investment of ₹ 9 crore (worth almost $7 million in 1983 prices). As the businesses failed Raju moved into real estate and started a construction company named Mytas Infra Limited.

Height, Weight & Body Measurements

Byrraju Ramalinga Raju height Not available right now. Charles weight Not Known & body measurements will update soon.

Who is Byrraju Ramalinga Raju Dating?

According to our records, Byrraju Ramalinga Raju married to Nandhini. As of December 1, 2023, Byrraju Ramalinga Raju’s is not dating anyone.

Relationships Record : We have no records of past relationships for Byrraju Ramalinga Raju. You may help us to build the dating records for Byrraju Ramalinga Raju!

The Byyraju Foundation, a family run philanthropic organization, was started in July 2001 by him and his 2 brothers in the memory of his father Late Byrraju Satyanarayana Raju. The Foundation adopted 200 villages in 6 districts of Andhra Pradesh namely East Godavari, West Godavari, Krishna, Guntur, Ranga Reddy and Visakhapatnam. The foundation built progressive self-reliant rural communities by adopting a holistic approach. It provided 40 different programs like healthcare, environment improvement, sanitation, primary education, adult literacy and skills development ., GramIT etc. which impacted over 3 million people. Some significant achievements of the foundation are: Over 7 million patient visits, 53,250 persons made literate, 89,000 toilets built in rural homes, Livelihood skill training and certification for over 26,000 unemployed rural youth, setting up 61 drinking water plants and 4 GramIT Centres which employed 500 rural youth.

Facts & Trivia

Charles Ranked on the list of most popular Entrepreneur. Also ranked in the elit list of famous people born in India. Byrraju Ramalinga Raju celebrates birthday on September 16 of every year.

A botched acquisition attempt involving Maytas in December 2008 led to corporate governance concerns among Indian investors and plunge in the share price of Satyam. In January 2009, Raju indicated that Satyam’s accounts had been falsified over a number of years. Total assets on Satyam’s balance sheet tripled during 2003–07 to $2.2 billion. He confessed to an accounting fraud to the tune of ₹ 7,000 crore or $1.5 billion and resigned from the Satyam board on 7 January 2009. Satyam was purchased by Tech Mahindra in April 2009 and renamed Mahindra Satyam.

Is Satyam Ramalinga Raju alive now?

Ramalinga Raju
Criminal status| Out on Bail
Spouse(s)| Nandhini ​ ( m. 1976)​
Children| 2 (Teja Raju, Rama Raju)

What is Byrraju Ramalinga Raju doing now?

Since then, Raju has remained “as occupied as he was in his heyday when he was heading the fourth-largest software services company in the country,” sources close to Raju claimed to Business Standard in January 2019, noting that he still does business regularly at his Hyderabad home.

Where is Satyam now?

The former Satyam business is now part of Tech Mahindra , after the Indian network services specialist acquired Satyam and its IT services expertise. Satyam is not just an add-on to the Tech Mahindra business – it accounts for a major chunk of its $3bn global sales and has doubled Tech Mahindra’s revenues.

What happened to Raju?

Raju was arrested and in 2015, six years after a case was filed, he was sentenced to seven years in jail for criminal cheating and conspiracy.

What went wrong in Satyam case?

Raju resigned from the Satyam board after the Satyam Scandal, admitting to falsifying revenues, margins and over Rs 5,000 crore of cash balances as the company. He confessed to an accounting fraud to the tune of Rs 7,000 crore or $1.5 billion and resigned from the Satyam board on 7 January 2009.