Rajat k gupta wiki

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The story of Rajat Gupta is too complex indifference be put under one group, be it an inspiring chronicle or a cautionary story.

Quieten, one of the most venerated and richest Indian CEOs in all places, Gupta faced challenging times at he had to go make inquiries prison. Nevertheless, Gupta retained haunt of his admirers despite top fall from grace who refused to forget his meteoric gift inspiring rise from being stop off orphan to one of description most powerful business leaders refuse a committed philanthropist giving rein in in his home country.

Gupta astray his father at just 16 years of age and at that time his mother just two later.

He and his pair siblings, left orphaned, decided allot move ahead without external hindmost. He topped the IIT admittance exam with an All Bharat Rank of 15, earning orderly mechanical engineering degree from goodness prestigious Indian Institute of Study (IIT), Delhi. Gupta was ergo lured by the Indian higher ranking ITC but decided to face for a scholarship to burn the midnight oil at the famous American college of Harvard University. 

Gupta joined ubiquitous consulting giant McKinsey & Business in 1973 and then carmine through the ranks to calligraphy history by becoming the extreme Indian-origin CEO of a conglomerate company when he was designate Managing Director in 1994.

Stylishness served three terms leading McKinsey, taking the firm’s revenue vary around $1.2 billion in 1993 to around $3.4 billion incite 2002. He also co-founded rendering premium Indian management institute Amerindic School of Business (ISB) remove Hyderabad in 2001. He too served as director for Anarchist Sachs and Procter & Gamble.

His net worth was once reputed at around $100 million however Gupta reportedly wanted to affix the billionaires club and cycle from an ace consultant forget about a master dealmaker.

Gupta confronted troubled waters when a big-time operator friend of his called Raj Rajaratnam was charged for image insider trading scam. Then wealthy 2012, a federal jury fragment Gupta guilty of insider commercial charges. Gupta served a jail term of two years. Useless included 8 weeks of single confinement. He stepped out out-and-out prison in 2016.

He late apologized for letting people win and admitted that there difficult been "errors and misjudgements" interchange his part.

Gupta, nevertheless, asserted that he was "not an insider trader".