Sudhir Choudhrie is an incredibly influential businessman in the UK. He has become a social and business figure and has sponsored various sporting teams across the country. His philanthropy efforts include fundraising for various local hospitals, a non-profitable magazine for children and establishing the National Sports Academy. He is one of the biggest supporters of the Premier League and his sporting prowess is unsurpassed in the city.
According to the company’s website, Magnum Group is a diversified industrial conglomerate with a net worth of £1.2 billion. The company is involved in a number of ventures including airline operations, power generation, integrated steel mills, leather, jewellery and investment management. Most of Magnum’s money is concentrated in the family’s London and Mumbai-based businesses. These include the Madura Company, with large mining interests in Brazil and Peru. The other part of the Choudhrie’s business interests in London are the Proprietary Wealth Management Group, Mauritius Holdings and businesses in the US and more
Throughout his career in the international business industry Sudhir Choudhrie has worked with many of the world’s most renowned corporations. He served as a board member of ITT Industries Ltd, Novartis India Ltd, and the London Stock Exchange. He has sat on the audit, nomination and compensation committees at SAIL and SAIL’s parent company, Steel Authority of India Limited (SAIL). Sudhir is known for his large charitable contributions. In addition to his charity work, Sudhir has also sponsored British High Commissioner to India Sir Nick Harvey and actor Tom Hanks.
Sudhir’s first venture in the UK was at Chartwell Castle where he donated £2.5 million to the renovation of the house. This was followed by a donation of £8.2 million towards the refurbishment of the Chatham and Dover Priory. Sudhir Choudhrie opened a number of businesses creating a global network of companies that includes Lightfoot Capital, a private equity firm based in London, and Prince Partners, an advisory firm. Sudhir Choudhrie has a strong reputation for being an excellent businessman. The secret of his success is how he builds powerful partnerships and alliances.
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