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 well-known business executive in the United States. He is an Indian-American who has achieved some remarkable achievements in his career. Banga is known worldwide as the president of the World Bank Group. He is also the vice chairman of General Atlantic. Banga previously served as the executive chairman of MasterCard, from December 2020 to December 2021.
He retired after doing a pretty great job. He also served as the CEO of MasterCard from 2010 to 2020. Banga is also known as the chairman of a Netherlands-based investment firm called Exor. Ajay Banga has played a very important role in the US-India Business Council (USIBC), where he serves as the chairman.
Ajay Banga Net Worth
Ajay Banga is a very rich and famous American personality. He was born in India and still maintains his Indian roots. Although he is now an American citizen, he has done an amazing job in his career. Banga is one of the most successful business executives in America who served as the CEO of MasterCard for 10 years.
He also served as the executive chairman of MasterCard for a year. He is currently the chairman of the World Bank Group, which is his biggest achievement. Banga has also amassed a considerable fortune. His current net worth is $220 million.
| Name | Ajay Banga |
| Net worth (2024) | $220 million |
| Professional | Sales Director |
| Monthly income | 2 million dollars + |
| Annual income | $20 million + |
| Place of birth | Pune |
| Last updated | 2024 |
Ajay Banga’s net worth
Home – Ajay Banga is a very successful Indian-American who has made his name known all over the world. Banga is a very successful business executive who has worked with some of the biggest companies. He currently lives in the US and owns a very beautiful house in New York City and Washington DC.
Car Collection – Ajay Banga has a lot of cars in his garage. He is a car enthusiast who loves to own some of the best machines. He has a Rolls Royce Phantom, Rolls Royce Wraith, Mercedes Maybach, etc.
Ajay BangaNet Worth Growth
| Year | Net Asset Value (Million) |
| Ajay Banga Net Worth 2024 | $220 million |
| Ajay Banga Net Worth 2023 | 200 million dollars |
| Ajay Banga Net Worth 2022 | $180 million |
| Ajay Banga Net Worth 2021 | $160 million |
| Ajay Banga Net Worth 2020 | $140 million |
| Ajay Banga Net Worth 2019 | $125 million |
Ajay Banga Biography
Ajaypal Singh Banga, known worldwide by his stage name Ajay Banga, is a very famous Indian-American. Banga was born in Pune, Maharashtra, India, on November 10, 1959. He grew up in Pune, where his family lived. His family hails from Jalandhar Punjab, although his father was in the Army and was posted to Pune. He has an elder brother, who is also a very successful businessman.
Banga studied in India, and then in 2007, he obtained 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.
| Real name | Ajaypal Singh Banga |
| Name: | Ajay Banga |
| Place of birth: | Pune, Maharashtra, India |
| Date of birth: | November 10, 1959 |
| Year old: | 63 years old |
| Height: | In Centimeters – 178 cm In Feet and Inches – 5’10” |
| Weight: | In Kilograms – 75 kgIn Pounds – 165 lbs |
| Eye color: | Brown |
| Hair color: | Black |
| Parent Name: | Father – Harbhajan Singh Banga Mother – Jaswant Banga |
| Siblings: | Correct |
| School: | Hyderabad Public School |
| College: | Indian Institute of Management, Ahmedabad |
| Religion: | Sikhism |
| Nationality: | American |
| Zodiac: | Scorpion |
| Sex: | Male |
| Sexual orientation: | Straight |
| Marital status: | Married |
| Girlfriend: | Do not have |
| Spouse’s name: | Ritu Banga |
| Children’s Name: | Aditi Banga, Jojo Banga |
| Job: | Sales Director |
| Net worth: | $220 million |
| Last updated: | 2024 |
Ajay Banga: Career and Awards
Ajay Banga started his career in the early 80s when he joined Nestle in 1981 as a management trainee. He then spent several years working with various companies in jobs related to marketing, general management, etc. Banga rose to prominence after joining PepsiCo and how he became a part of the company’s fast food franchise launch in India. He played a key role in launching Pizza Hut and KFC in India.
Banga joined Citigroup in 1996 and quickly achieved some notable success. He initially worked as a debt collector as part of his training. In 2002, he became the CEO of Citi’s international global consumer group. He held that position until 2008 and then became CEO of the Asia-Pacific business. That year, he earned $10 million, making him the highest earner at Citigroup.
In 2010, Banga joined MasterCard and began working as COO. He was promoted to CEO immediately and then served as CEO until 2020. In December 2020, he became executive chairman of MasterCard and served for a year before leaving.
He later joined General Atlantic as a vice president. In 2020, he was also elected president of the International Chamber of Commerce. Banga was elected by President Biden to head the World Bank in 2023. He is currently serving as president of the World Bank Group. Also, check out Chris Licht’s net worth.
The Truth About Ajay Banga
- 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
- Occupation: President of the World Bank
- Ajay Banga’s annual income is $20 million +
- Ajay Banga Net Worth is $220 Million as of 2024
Education
Ajay Banga completed his initial schooling from St. Edward’s School, Shimla. He then moved to Hyderabad Public School where he completed his schooling. He then went to St. Stephen’s College where he completed his BA in Economics. He also completed his PGP in Management from IIM, Ahmedabad.
Conclusion
Ajay Banga is an extraordinary person who has done great work in his career. Banga is an Indian-American who was a citizen of India from birth until 2007. In 2007, he obtained US citizenship and became an American. He has done great work as a business executive, working for some of the biggest companies. Currently, he is heading the World Bank Group, which shows his success and status on a global scale.
Frequently Asked Questions
What is Ajay Banga’s net worth?
Ajay Banga’s total net worth is around $220 million.
How old is Ajay Banga?
Ajay Banga is currently 64 years old (November 10, 1959).
How much money does Ajay Banga make per year?
Ajay Banga has an estimated salary of $15 million or more per year.
How tall is Ajay Banga?
Ajay Banga’s height is 1.78 M.
What is Ajay Banga’s wife’s name?
Ajay Banga is married to Ritu Banga.
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