H arindarpal "Harry" Banga is an Indian-born Hong Kong billionaire who made his fortune in the commodities trading industry. A former master mariner, he co-founded the Noble Group in 1989 with his partner, Richard Elman. They built the company from a small trading house into one of Asia's largest and most powerful commodities trading firms, with a global presence in energy, metals, and agricultural products.
Banga served as the vice chairman of the Noble Group for many years and was a key architect of its growth. He retired from the company in 2010, selling his large stake for a massive profit before the company later faced a dramatic and controversial collapse. He has since founded his own family office and investment firm, The Caravel Group, which he runs with his two sons. The Caravel Group has major interests in shipping, commodities, and asset management, allowing him to continue his highly successful career in the industries he knows best.
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