Ajay Banga Net Worth 2024: Investments, Income, Cars and Age

As of 2024, President of the World Bank, Ajay Banga’s Net Worth is Estimated to be $220 Million. Ajay Banga is a very successful and prominent business executive in America. He is an Indian-born American, who has achieved some serious acclamation in his career. Banga is famous all around the globe for being the president of the World Bank group. He is also the vice chairman of General Atlantic. Banga has previously served as the executive chairman of MasterCard, from December 2020 to December 2021.

He retired from his position, after doing quite amazing work. He also held the position of CEO of MasterCard from 2010 to 2020. Banga is also known to be the chairman of a Netherlands-based investment company named Exor. Ajay Banga has played a very important role in the US-India Business Council (USIBC), where he has worked as chairman.

Ajay Banga Net Worth

Ajay Banga is a very rich and famous American personality. He was born in India, and he still has Indian roots enact. Though he is an American citizen now, he has done incredible work in his career. Banga is one of the most successful business executives in America, who has served as the CEO of MasterCard for 10 years.

He also served as the executive chairman of MasterCard for one year. Currently, he is the president of the World Bank Group, which is his biggest achievement. Banga has also made some serious fortune. His current net worth is $220 million.

Ajay Banga Assets

Home – Ajay Banga is a very successful Indian American, who has made his name famous all around the world. Banga is a very successful business executive, who has worked with some of the biggest companies. He currently lives in America and owns a very beautiful house in New York City and Washington DC.

Car collection – Ajay Banga has plenty of cars in his garage. He is a car enthusiast, who likes to own some of the finest machines. He has a Rolls Royce Phantom, Rolls Royce Wraith, Mercedes Maybach, etc.

Ajay BangaNet Worth Growth

Ajay Banga Biography

Ajaypal Singh Banga, who is known all around the world by his professional name Ajay Banga, is a very famous Indian American. Banga was born in Pune, Maharashtra, India, on 10 November 1959. He was raised in Pune, where she used to live with his family. His family is from Jalandhar Punjab, although his father was in the Army, and was posted in Pune. He has a brother, who is also a very successful businessman.

Banga did his education in India, and later in 2007, he acquired citizenship in the United States. Ajay Banga is currently married to Ritu Banga for a very long time. He also has two daughters with her named Aditi and Jojo. You may also like Bill Ackman Net Worth.

Ajay Banga: Career and Awards

Ajay Banga began his career in the early 80s, when he joined Nestle in 1981, as a Management trainee. Later, he spent several of his years working with numerous companies in jobs related to marketing, general management, etc. Banga rose to prominence after joining PepsiCo, and the way he became part of its fast-food franchise launch in India. He has played an important role in the launch of Pizza Hut and KFC in India.

In 1996, Banga joined Citigroup, and very soon achieved some serious success. Initially, he worked as a debt collector, as part of his training. In 2002, he became the chief executive of Citi’s international global consumer group. He worked in that post till 2008 and later became chief executive of its Asia Pacific business. That year, he earned $10 million, making him the highest-earning person at Citigroup.

In 2010, Banga joined MasterCard and started working as a COO. He was promoted to the position of CEO in no time, and later he served as CEO till 2020. In December 2020, he became the executive chairman of MasterCard and served for one year before leaving.

Later, he joined General Atlantic, as vice president. In 2020 he was also elected as the chairman of the International Chamber of Commerce. Banga has been elected to lead the World Bank by President Biden in 2023. Currently, he is serving as the president of the World Bank group. Also, Check Chris Licht Net Worth.

Ajay Banga Facts

• Ajay Banga was born on November 10, 1959, in Pune, Maharashtra, India
• Age: 64 years old
• Ajay Banga’s Height is 1.78m. (5’8″)
• Ajay Banga’s Weight is 75 kg or 165 lbs
• Profession: President of the World Bank
• Ajay Banga’s Annual Income is $20 Million +
• Ajay Banga’s Net Worth is $220 Million as of 2024

Education

Ajay Banga has done his early schooling at St. Edward’s School, Shimla. He later moved to Hyderabad Public School, where he ended his schooling. He later went to St. Stephen’s College, where he earned his bachelor’s degree in economics. He also earned a PGP in management from IIM, Ahmedabad. 

Conclusion

Ajay Banga is a phenomenal person, who has done amazing work in his career. Banga is an Indian American, who was a citizen of India from his birth till 2007. In 2007, he acquired the citizenship of America and became an American. He did amazing work as a business executive, working for some of the biggest companies. Currently, he is leading the World Bank group, which shows his success and his position on the global scale.

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