Meet India’s wealthiest builder, who left the army to work for his father-in-law’s company and has a net worth of Rs 90000 crore

Kushal Pal Singh, a millionaire, has a long history of great professional accomplishment. After finishing his army duty in 1961, real estate magnate Kushal Pal Singh joined DLF Limited, a company started by his father-in-law in 1946. Later, Singh bought land from farmers and utilized it to build his showpiece city, DLF City, in Gurgaon, which is located outside of Delhi. The biggest publicly listed real estate business in India today is DLF, which has its corporate headquarters in Delhi and its chairman as his son Rajiv.

In August 2017, Singh sold GIC, Singapore’s government wealth fund, his third of DLF’s rental division for $1.9 billion. In 2022, a posh residential complex by DLF and GIC was unveiled in Delhi. Singh departed in June 2020 after more than 50 years as chairman. He presently serves as chairman emeritus of DLF.

KP Singh: Who is he?

K.P. Singh, who is from Bulandshahr in Uttar Pradesh, was born in the home of renowned lawyer Chaudhary Mukhtar Singh. After receiving a science degree from Meerut College in Uttar Pradesh, Singh went to the UK to study aeronautical engineering before being selected by the British Officers Services Selection Board to join the Indian Army. He was appointed to the Deccan Horse in 1951.

Singh, though, had another thought in his head. Shortly after American Universal Electric Company and DLF Universal Limited amalgamated in 1979, he started working there and took over as managing director from Chaudhary Raghuvender Singh. Kushal Pal Singh (KP Singh) is India’s biggest real estate tycoon. On Forbes’ 2008 list of the richest persons in the world, KP Singh came in at number eight.

KP Singh’s enormous wealth

KP Singh, the businessman in charge of developing DLF City, has a current net worth of nearly $11.1 billion (about Rs 90,000 crore), according to the Bloomberg Billionaire Index. KP Singh is responsible for building a number of earthquake-resistant homes, offices, shopping malls, and recreational facilities in Gurugram.