Raj Kundra is a British-Indian businessman and part time actor, who was ranked as the 198th richest British Asian by Success.
His father, Bal Krishan Kundra worked as a bus conductor in London before running a small business.
[3] At the age of 18, Kundra moved to Dubai and later Nepal, where he started a business selling pashmina shawls to fashion retailers in Britain and made his first couple of millions.
[4] In 2007, he moved to Dubai and set up Essential General Trading LLC, a company dealing in precious metals, construction, mining and renewable energy projects.
[6][7] His businesses included Satyug Gold, Super Fight League, and more recently, Bastian Hospitality - a restaurant chain in Mumbai.
[9] In 2009, Kundra and Shetty invested in the Indian Premier League cricket team Rajasthan Royals using an offshore company based in Mauritius.
[23] The Enforcement Directorate attached his properties worth 97 crores in Bitcoin investment fraud case which was alleged to be a ponzi scheme.