
Who Are the Bajaj Family
- The Bajaj family owns the Bajaj Group, a prominent Indian business conglomerate established in 1926 by Jamnalal Bajaj.
- Their operations are automobiles (Bajaj Auto), financial services (Bajaj Finserv), insurance, and a variety of other industrial and consumer-business ventures.
- Leadership: Following the death of Rahul Bajaj in 2022, family members share leadership. Prominent individuals are Niraj Bajaj, Rajiv Bajaj, Sanjiv Bajaj, and others.

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Net Worth & Business Valuation (2025 Estimates)
- In the 2025 Barclays Private Clients Hurun India Most Valuable Family Businesses List, the Bajaj family business group is worth approximately ₹8 lakh crore (800,000 crore rupees) as of 2025.
- Their business was worth ~ ₹7,12,700 crore in previous 2024 rankings.
- Forbes estimates the family’s total net worth at USD 23.4 billion in 2024.
Monthly Income & Dividend Income
- It is hard to access authentic, public figures on monthly income of the Bajaj family. Income mostly originates from dividends, share ownership of major entities, capital gains, rather than fixed-salary incomes.
- Some published figures: In FY25, the Bajaj group promoters received about ₹1,645 crore from listed companies’ dividends. This comprises revenues from their interests in Bajaj Auto, Finserv, etc.
- Because ₹1,645 crore in a year computes to ~ ₹137 crore/month (divide by 12) — but that’s a rough average of only the dividend portion, not total income (capital gains, business profits etc.).
Personal Life & Family
- Family Lineage: The family stems from Jamnalal Bajaj. The subsequent generations consist of Rahul Bajaj (who passed away in 2022), his sons Rajiv and Sanjiv, and cousins (Niraj etc.).
- Residency & Citizenship: Indian, based largely in Pune and other cities.
- Philanthropy & public roles: Traditionally, Bajaj family has had a reputation for philanthropic works (Jamnalal Bajaj was a close associate of Gandhi). Many family members are involved in corporate boards, industry bodies, etc.
- Business roles: Rajiv Bajaj has been intimately associated with Bajaj Auto; Sanjiv Bajaj is involved in Bajaj Finserv; Niraj Bajaj oversees some family interests.
Trends & Key Recent Events
- In 2025, the valuation of the Bajaj family business (according to Hurun, Barclays) increased: they continued to hold a top ranking among India’s most valuable family businesses.
- They also have been venturing deeper into financial services, insurance, etc., diversifying away from automobiles.
Limitations & What We Don’t Know
- Precise monthly income: not released. It is a function of dividends, company earnings, personal holdings.
- Private holdings (real estate, private equity, non-listed investments) are not entirely disclosed in public sources, so net worth estimates are rough estimates.
- Personal lives (information such as precise private expenses, wages, etc.) are mostly confidential and not publicly available.
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