Sanjiv Puri is a household name when it comes to India’s influential business leaders. From being an IIT graduate to becoming the head of one of India’s most diversified conglomerates, Sanjiv Puri is an inspiring leader. He has a net worth crossing the Rs.500 crores mark and is known to be spoken about for strategic brilliance and innovation. The article deals with his sanjiv puri net worth, career, achievements, and personal life.
Sanjiv Puri Wikipedia
| Full Name | Sanjiv Puri |
| Date of Birth | June 18, 1963 |
| Age (2024) | 61 years |
| Place of Birth | India |
| Nationality | Indian |
| Current Position | Chairman and Managing Director (CMD) of ITC Limited |
| Year of Joining ITC | 1986 |
| Major Revenue (2024) | ITC Revenue: ₹78,568 crores; Net Income: ₹20,721 crores |
| Net Worth | ₹500 crores (as of 2024) |
Who is Sanjiv Puri?
Sanjiv Puri An alumnus of Indian Institute of Technology (IIT), Kanpur and the Wharton School of the University of Pennsylvania, Sanjiv Puri was born on June 18, 1963. His foundation in engineering and business management at its best laid the groundwork for a really sterling corporate career.
Joining ITC in 1986, Sanjiv Puri steadily climbed the corporate ladder through his dedication, strategic thinking, and leadership abilities. Today, he holds the positions of Chairman and Managing Director, steering ITC to new heights across multiple sectors.
Sanjiv Puri’s Net Worth in 2024
Overview of Net Worth
Sanjiv Puri’s net worth in 2024 is estimated to be over ₹500 crores. This wealth is primarily attributed to his leadership role at ITC Limited and his diverse portfolio of investments.
- ITC Shareholding: As of 2024, Sanjiv Puri owns 2,79,843 shares in ITC, significantly boosting his financial standing.
- Income: He enjoys an annual income of ₹25.18 crores and a monthly income of over ₹2 crores, making it one of the highest in the Indian corporate sector.
- Business Segments: ITC’s strong business divisions in FMCG, hospitality, agribusiness, and paperboards further increase the wealth.
Sanjiv Puri Educational Background
Sanjiv Puri has a very impressive academic record that mirrors perfection in him from a very early age.
- Indian Institute of Technology (IIT), Kanpur: He graduated with an engineering degree from this premier institute, where he acquired a firm technical base.
- The Wharton School, University of Pennsylvania: Sanjiv Puri has completed his management course there and has polished his business acumen at this school.
Education has been the enabler which helped him rise to the challenges and thus propels diversification in ITC across several sectors.
ITC Under Sanjiv Puri’s Leadership
Under the leadership of Sanjiv Puri, ITC has emerged as a globally competing giant.
- Revenue Growth: In 2024, ITC generated a revenue of ₹78,568 crores and a net income of ₹20,721 crores.
- Diversification: Under his guidance, ITC expanded beyond its core tobacco business to dominate FMCG, hospitality, and agribusiness sectors.
- Sustainability Initiatives: Sanjiv Puri is also credited with driving ITC’s sustainability agenda, ensuring environmentally responsible growth.
Sanjiv Puri’s Luxurious Lifestyle
Car Collection
Sanjiv Puri has a taste for luxury cars, and his collection includes:
| Car Model | Estimated Price |
| BMW 5 Series | ₹72.90 lakhs |
| Jaguar XF | ₹76 lakhs |
| Audi Q7 | ₹97.84 lakhs |
| Mercedes-Benz S-Class | ₹1.2 crores |
Real Estate
Sanjiv Puri owns several properties:
- Kolkata: Bungalow in heart of West Bengal capital.
- Delhi: Luxury apartment in super-prime locality
- Pune: Grand farmhouse.
- London: Luxury flat.
In addition, he also owns two hotels by ITC and a personal aircraft that speaks volumes about his elite lifestyle.
Career Highlights
- 1986: He was assigned to ITC; this marked the beginning of a great corporate career.
- 2009: Appointed as Head of ITC’s Tobacco Division and Marketing Operations
- 2015: Joins the Board of Directors for ITC
- 2017: Given the position of Chief Executive Officer for ITC
- 2020: Appointed as Chairman and Managing Director, steering ITC to the next milestone
The Future of ITC and Sanjiv Puri
Sanjiv Puri can be compared to Ratan Tata and Natarajan Chandrasekaran at times, and it’s mainly due to his capability to lead things with a vision and dedication. The present valuation of ITC is ₹91,826 crores, and it has more than 33,824 employees, revealing the signs of good leadership.
Conclusion
Sanjiv Puri’s journey from a young IIT graduate to one of India’s most successful business leaders is remarkable. His estimated net worth of ₹500 crores is a reflection of his hard work, strategic acumen, and dedication to ITC’s growth. With his continuous efforts, ITC is set to achieve even greater milestones, solidifying Sanjiv Puri’s legacy as one of India’s leading business icons.
Also read:- Jai Anshul Ambani Net Worth 2024| Lavish Lifestyle of Younger Son of Anil Ambani
FAQs on Sanjiv Puri’s Net Worth
What is Sanjiv Puri’s net worth in 2024?
Sanjiv Puri’s net worth exceeds ₹500 crores, driven by his leadership at ITC and other investments.
What is Sanjiv Puri’s monthly salary?
His monthly salary is over ₹2 crores.
Which cars does Sanjiv Puri own?
His collection includes luxury vehicles like the BMW 5 Series, Jaguar XF, Audi Q7, and Mercedes-Benz S-Class.
What are Sanjiv Puri’s key properties?
He owns the real estate properties in Kolkata, Delhi, Pune, and London, two ITC properties, and a private jet.
How much does ITC make under Sanjiv Puri?
In 2024, ITC revenue stands at ₹78,568 crores with a net income of ₹20,721 crores.
