Kalanithi_Maran

Kalanithi Maran

Kalanithi Maran

Indian media proprietor

Kalanithi Maran is an Indian media proprietor who is the chairman and founder of the Sun Group.[1][2][3] He owns television channels, newspapers, weeklies, FM radio stations, DTH services, 2 cricket teams (Sunrisers Hyderabad)[4] in the Indian Premier League (IPL) and Sunrisers Eastern Cape in South Africa T20 League (SA20), along with a movie production house, Sun Pictures. He also held a major share in the Indian airline Spice Jet from 2010 to 2015.[5][6][7]

Quick Facts Alma mater, Occupation ...

Career

In 1990, Maran started a monthly magazine in Tamil called Poomaalai. On 14 April 1993, he founded Sun TV.[8][9] Sun TV was listed on the Bombay Stock Exchange on 24 April 2006 upon raising $133 million[10] for 10% of the share capital, catapulting him into the billionaire charts.[11] He was among the few representatives at a roundtable with the visiting then US President Bill Clinton.[12]

By 2023, he was the 77th richest Indian, with a net worth of US$3 Billion,[13] and is the highest paid business executive in India.[14] Maran and his wife, Kavery were ranked the highest paid Business executives in the list of Indian executive pay charts with a package of ₹62 crore (US$7.8 million) each.

He has won Young Businessman awards from CNBC and Ernst & Young,[15] and Forbes magazine named him the "Television king of southern India".[16]

Personal life

Kalanithi Maran is the son of the former Union Minister of India Murasoli Maran and grand-nephew of Former Tamil Nadu chief minister M. Karunanidhi. His younger brother Dayanidhi Maran was also a former minister. Kalanithi Maran married Kavery, a native of Kodagu, and has a daughter named Kaviya Kalanithi Maran (born November 3, 1991) who is an MBA graduate from Stern School of Business, New York University,USA.[17] Kalanithi Maran did his schooling in Don Bosco, Egmore, Chennai. He graduated in commerce from Loyola College, Chennai. He did his MBA from University of Scranton.[18] As of 2023, his net worth is US$3 billion.[19]

References

  1. [1]
    "From cable TV to aviation biz, Maran's march continues". The Financial Express. 13 July 2010. Archived from the original on 9 September 2010. Retrieved 8 August 2010.
  2. [2]
    "Sun, Zee remain top on profitability charts". Rediff.com. 31 December 2004. Archived from the original on 15 November 2010. Retrieved 8 August 2010.
  3. [3]
    Srikar Muthyala (29 September 2015). "The List of Great Entrepreneurs of India in 2015". MyBTechLife. Archived from the original on 14 January 2016.
  4. [4]
    Mishra, Aditya (6 April 2021). "IPL Team Owners. List Of All IPL 2021 Team Owners". Voice of Indian Sports - KreedOn. Archived from the original on 29 May 2021. Retrieved 29 June 2021.
  5. [5]
    "Strategic investor crucial for global foray". The Times of India. 6 April 2010. Archived from the original on 3 June 2016. Retrieved 13 September 2010.
  6. [6]
    "New deal to take SpiceJet higher". Business Standard. 15 June 2010. Archived from the original on 7 June 2011. Retrieved 8 August 2010.
  7. [7]
    "Kalanidhi Maran buys 37.7 p.c. stake in SpiceJet". The Hindu. Chennai, India. 13 June 2010. Archived from the original on 24 August 2010. Retrieved 8 August 2010.
  8. [8]
    Karmali, Naazneen (30 November 2009). "Strong Signal". Forbes. Archived from the original on 29 August 2011. Retrieved 8 August 2010.
  9. [9]
    "Rediff India Abroad, April 28, 2006 – Kalanithi Maran: A 'Sunshine' story, by Sanjiv Shankaran and S. Bridget Leena in New Delhi". Rediff.com. Archived from the original on 21 May 2011. Retrieved 24 January 2012.
  10. [10]
    Bharatan, Shilpa (27 March 2006). "Variety.com, Monday, April 24, 2006, 6:36pm PT – Sun TV shines on Exchange". Variety. Archived from the original on 17 July 2009. Retrieved 24 January 2012.
  11. [11]
    "Kalanithi Maran emerges a billionaire after maiden IPO" (PDF). Archived (PDF) from the original on 9 November 2014. Retrieved 9 November 2014.
  12. [12]
    "Media Personalities – Kalanidhi Maran". Chennai Best. Archived from the original on 12 February 2012. Retrieved 24 January 2012.
  13. [13]
    "#17 Kalanithi Maran". Forbes. 29 September 2010. Archived from the original on 24 January 2018. Retrieved 2 September 2017.
  14. [14]
    "Newsmaker: Kalanithi Maran". Business Standard. Archived from the original on 13 December 2010. Retrieved 8 August 2010.
  15. [15]
    "Welcome To Sun Network". Sunnetwork.org. Archived from the original on 1 September 2010. Retrieved 8 August 2010.
  16. [16]
    "#20 Kalanithi Mar". Forbes. 18 November 2009. Archived from the original on 8 August 2010. Retrieved 8 August 2010.
  17. [17]
    "MEDIA MARAN". Tehelka. 9 June 2007. Archived from the original on 19 December 2013. Retrieved 22 July 2013.
  18. [18]
    "The story of Marans: Sun King and his brother". Business Standard. 30 August 2014. Archived from the original on 28 January 2018. Retrieved 28 January 2018.
  19. [19]
    "Kalanithi Maran". Forbes. 30 August 2014. Retrieved 28 January 2018.
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