Subhash Chandra

$2.50 B

Ranked #916 in World

About Subhash Chandra

Subhash Chandra Goenka, an eminent Indian billionaire and media magnate, born on November 30, 1950, in Adampur, Hisar, Haryana, has significantly shaped the country's media landscape. As the chairman of the Essel Group and the pioneering founder of Zee TV, introduced in 1992 as India's second private commercial television channel, Goenka revolutionized Indian television. His ventures include launching Dish TV, the first satellite television provider in 2003, and DNA, an English daily in 2005 with Dainik Bhaskar Group. Despite stepping down as chairman of Zee Entertainment Enterprises in 2019 due to SEBI Listing Regulations, he was honored as chairman emeritus in 2020. Although Essel Group faced financial challenges, defaulting on ₹616 crore NCD Bonds in May 2020, Goenka's legacy includes his association with the RSS and his accolades like the International Emmy Directorate Award (2011). His election to the Rajya Sabha in 2016, backed by the BJP, marks his political engagement.

Born

November 30, 1950 in Adampur, Punjab, India (present-day Haryana)

Age

75 years

Source Of Wealth

Media

Industries

Media & Entertainment

Citizenship

India

Residence

Mumbai

Spouse

Sushila Devi

Children

Punit Goenka, Amit Goenka, Amogha Harsha

Subhash Chandra Goenka was born on November 30, 1950, in Adampur, Hisar district, Haryana. His early years were spent in a small town, where he developed a passion for media and communication.

Subhash Chandra: Family

Subhash Chandra Goenka comes from a business-oriented family. His father, Jagdish Chandra Goenka, was a successful businessman and the founder of the Essel Group. Subhash Chandra Goenka followed in his father's footsteps and took the Essel Group to new heights.

Subhash Chandra: Career Highlights

Subhash Chandra Goenka's career is marked by several significant achievements. He launched Zee TV in 1992, which became the second private commercial television channel in India. In 2003, he established Dish TV, India's first satellite television provider. He also launched DNA, an English-language daily newspaper, in 2005 in collaboration with the Dainik Bhaskar Group.

Subhash Chandra: Companies

Subhash Chandra Goenka is associated with several companies. He is the chairman of the Essel Group, which has interests in media, entertainment, packaging, and other sectors. He is also the founder of Zee TV, Dish TV, and DNA.

Subhash Chandra: Major Achievements

Subhash Chandra Goenka has achieved remarkable success in the media industry. He is credited with revolutionizing the Indian television landscape by launching Zee TV and Dish TV. He has also made significant contributions to the print media industry through DNA.

Subhash Chandra: Awards & Achievements

Subhash Chandra Goenka has received numerous awards and recognitions for his contributions to the media industry. He was honored with the International Emmy Directorate Award in 2011 and the Canada India Foundation, Chanchlani Global Indian Award.

Subhash Chandra: Personal Life & Legacy

Subhash Chandra Goenka is married to Purnima Goenka, and they have two children. He is known for his philanthropic activities and has established the Subhash Chandra Foundation to support various social causes. He is also associated with the Rashtriya Swayamsevak Sangh (RSS), the ideological parent of the Bharatiya Janata Party (BJP).

Subhash Chandra: Trivia

Subhash Chandra Goenka's Essel Group defaulted on ₹616 Crore secured NCD Bonds with a standstill agreement in May 2020, affecting 3,00,000 investors.

He resigned as chairman of Zee Entertainment Enterprises in 2019 due to SEBI Listing Regulations but continued as a non-executive director. In August 2020, he was appointed as chairman emeritus of Zee Entertainment Enterprises Ltd (ZEEL) after resigning as non-executive director.

Wealth History

Timeline

November 30, 1950

Subhash Chandra Goenka was born in Adampur, Hisar district, Haryana.

1992

Launched Zee TV, the second private commercial television channel in India.

2003

Established Dish TV, India's first satellite television provider.

2005

Launched DNA, an English-language daily newspaper, in collaboration with Dainik Bhaskar Group.

2016

Elected to the Rajya Sabha (Upper House of Indian Parliament) as an independent candidate supported by the Bharatiya Janata Party (BJP).

2019

Resigned as chairman of Zee Entertainment Enterprises due to SEBI Listing Regulations but continued as a non-executive director.

May 2020

Essel Group defaulted on ₹616 Crore secured NCD Bonds with a standstill agreement, affecting 3,00,000 investors.

August 2020

Appointed as chairman emeritus of Zee Entertainment Enterprises Ltd (ZEEL) after resigning as non-executive director.

Subhash Chandra : FAQs

What is Subhash Chandra's net worth?

As of 2019, Subhash Chandra's net worth was $2.50 billion.

What are Subhash Chandra's main sources of wealth?

Subhash Chandra's main source of income comes from Media.

In which industry does Subhash Chandra primarily operate?

Subhash Chandra is primarily involved in the Media & Entertainment industry.

How old is Subhash Chandra?

Subhash Chandra is 75 years old.

How many children does Subhash Chandra have?

Subhash Chandra has 3 children.

Who is Subhash Chandra Goenka and what is his contribution to Indian media?

Subhash Chandra Goenka is an Indian billionaire media baron, chairman of Essel Group, and the founder of Zee TV, India's second private commercial television channel launched in 1992. He established Dish TV, India's first satellite television provider, in 2003 and launched DNA, an English-language daily newspaper, in collaboration with Dainik Bhaskar Group in 2005.

When was Subhash Chandra Goenka born and where?

Subhash Chandra Goenka was born on November 30, 1950, in Adampur, Hisar district, Haryana.

What are the political affiliations of Subhash Chandra Goenka?

Subhash Chandra Goenka was elected to the Rajya Sabha, the Upper House of Indian Parliament, in 2016 as an independent candidate supported by the Bharatiya Janata Party (BJP). He is also associated with the Rashtriya Swayamsevak Sangh (RSS), the ideological parent of the BJP.

What led to Subhash Chandra Goenka's resignation as chairman of Zee Entertainment Enterprises in 2019?

Subhash Chandra Goenka resigned as chairman of Zee Entertainment Enterprises in 2019 due to SEBI Listing Regulations but continued as a non-executive director. Additionally, he faced financial difficulties as Essel Group defaulted on ₹616 Crore secured NCD Bonds with a standstill agreement in May 2020, affecting 3,00,000 investors.

What awards has Subhash Chandra Goenka received for his contributions?

Subhash Chandra Goenka has been honored with several awards for his contributions to media and entertainment, including the International Emmy Directorate Award in 2011, and the Canada India Foundation, Chanchlani Global Indian Award.