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1979
In the world today
G. Rajendran

G. Rajendran

G. Rajendran
-0.34% | - $-7.17M
$2.08 B ₹ 18,915 Cr
Real Time Net Worth #1979 Ranking as of 21 Feb 2026 By Forbes

More on G. Rajendran

Gender

Male

Age

71Y

Country

India

Born On

January, 1955

Deceased

No

Relationship Status

Married

Children

2

Education

Unknown

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Jewelry)

Primary Organization

GRT Jewellers

Titles

Founder & Chairman

Sources of Wealth

GRT Jewellers

Industry

Retail, Jewelry

About G. Rajendran


G . Rajendran is an Indian self-made billionaire who is the founder and chairman of GRT Jewellers, one of the largest and most respected jewelry retail chains in South India. His is a classic story of building a business from the ground up. He founded the company in 1964 with a single, small shop in Chennai.

Through decades of hard work and a focus on quality and customer trust, he has built GRT Jewellers into a massive retail empire with numerous showrooms across India and an expanding international presence in Singapore, Dubai, and Malaysia. The brand is a household name in South India, known for its extensive collection of gold, diamond, and platinum jewelry. The company remains privately held by Rajendran and his family, and his sons are now actively involved in managing the successful retail chain he created.

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Quick Reads


  • Founder of GRT Jewellers, a major jewelry retail chain in South India.
  • A self-made billionaire, he started with a single small shop in 1964.
  • The company has grown into a large chain with an international presence.
  • The business is privately held by him and his family.
  • His sons are now involved in running the company.

Early Life and Background


Shri G. Rajendran is an Indian businessman, the self-made billionaire Chairman of GRT Hotels & Resorts and the venerable jewellery brand G.R. Thanga Maligai (GRT Jewellers). His wealth is rooted in the high-end retail and hospitality sectors of South India. His career began humbly: he was a humble banker from a family of goldsmiths in Kumbakonam.

In 1964, he took a leap of faith and opened a small jewellery shop in T Nagar, Chennai, recognizing the massive, stable cultural demand for high-quality gold and jewellery. His philosophy centers on the Promise of More—a commitment to excellence, trust, and continuous expansion into related service industries.

Career Journey of G. Rajendran


G. Rajendran's strategic vision was to build GRT Jewellers into one of South India's most trusted jewellery brands over 60 years. His mastery of the high-end retail sector provided the immense capital for his diversification into hospitality. In 1998, he launched GRT Hotels & Resorts with an audacious goal: to give Chennai a hotel that offered '5-star facilities at 3-star prices.

The first GRT Hotel achieved instant success, featuring the city's first 100-foot atrium and glass capsule lifts. This success fueled the growth of the hotel division to 22 hotels and resorts. His sons, G R Ananthapadnabhan and G R Radhakrishnan, now manage the business, ensuring generational continuity. His structural contribution is tied to the successful creation of a dominant omni-channel retail brand and a major hotel chain, demonstrating the profitability of applying trust and excellence to the consumer service and hospitality sectors.

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G. Rajendran's Timeline


1964:

G. Rajendran opens his first small jewellery shop in T Nagar, Chennai (Founding).

1998:

Launches GRT Hotels & Resorts with the goal of 5-star facilities at 3-star prices (Diversification).

2010:

The GRT Mahalakshmi Charitable Trust begins promoting the GRT Institute of Engineering and Technology (Philanthropic Milestone).

Ongoing:

GRT Hotels grows to 22 hotels and resorts (Growth Milestone).

Ongoing:

Continues as Chairman, guiding the multi-billion dollar enterprise (Executive Leadership).

Major Business Ventures and Investments


G. Rajendran's wealth is concentrated in his founding and controlling ownership of the private consumer goods and hospitality giant, GRT Group.

  • G.R. Thanga Maligai (GRT Jewellers) (Chairman): The core wealth generator, one of South India's most trusted jewellery brands, specializing in gold and high-end ornaments.
  • GRT Hotels & Resorts (Founder & Chairman): The major hospitality asset, operating 22 hotels and resorts on the philosophy of 5-star facilities at 3-star prices.
  • GRT Education: The Group promoted the GRT Institute of Engineering and Technology (GRTIET) through the GRT Mahalakshmi Charitable Trust.
  • Investment Strategy: His philosophy emphasizes trust, quality craftsmanship, and leveraging high margins from the jewellery trade to fund diversification.

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Philanthropy and Social Impact


G. Rajendran's social impact is structural, stemming from GRT Group's role as a massive employer and provider of essential retail and hospitality services in South India. The company provides thousands of stable jobs and supports the livelihoods of thousands of artisans.

His structural contribution is tied to his immense philanthropy in education, specifically promoting technical education and blending cutting-edge technology with visionary ideals to prepare students for modern careers. The company is committed to sustainability, focusing on recycling and conserving resources across its hotel operations.

Fashion, Style, and Lifestyle


G. Rajendran maintains the distinguished, composed style of a South Indian industrial patriarch. His attire is consistently formal and high-quality, favoring tailored suits or traditional South Indian attire. His aesthetic reflects the stability and profound institutional trust of his long-standing brand.

Residing in Chennai, India, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to the stewardship of his family's legacy, balancing traditional jewellery craftsmanship with modern, large-scale hospitality and technical education.

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Quotes and Philosophy


“The Promise of More is not just a slogan; it is the unwavering commitment to excellence in every aspect of our business.”

Fun Facts & Trivia


  • He started his career as a humble banker before founding the jewellery shop.
  • He founded G.R. Thanga Maligai (GRT Jewellers) in 1964.
  • He launched GRT Hotels with the goal of offering 5-star facilities at 3-star prices.
  • The first GRT Hotel featured Chennai's first 100-foot atrium and glass capsule lifts.
  • He holds a wealth estimated in the billions of dollars (2025 estimate).
  • His sons, G R Ananthapadnabhan and G R Radhakrishnan, manage the business.
  • His foundation promotes technical education through the GRT Institute of Engineering and Technology.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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