Kalanithi Maran
Alma materLoyola College, Chennai
University of Scranton
OccupationMedia mogul
Known forFounder & Chairman of the Sun Group
SpouseKavery Kalanithi
Children1
Parent
RelativesDayanidhi Maran (brother)

Kalanithi Maran is an Indian media mogul who is the chairman and founder of the Sun Group.[1][2][3] He owns television channels, newspapers, weeklies, FM radio stations, DTH services, a cricket team (Sunrisers Hyderabad),[4] and a movie production house. He also held a major share in the Indian airline Spice Jet from 2010 to 2015.[5][6][7]

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).[17] He had his schooling with 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. ^ "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. ^ "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. ^ Srikar Muthyala (29 September 2015). "The List of Great Entrepreneurs of India in 2015". MyBTechLife. Archived from the original on 14 January 2016.
  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. ^ "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. ^ "New deal to take SpiceJet higher". Business Standard. 15 June 2010. Archived from the original on 7 June 2011. Retrieved 8 August 2010.
  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. ^ Karmali, Naazneen (30 November 2009). "Strong Signal". Forbes. Archived from the original on 29 August 2011. Retrieved 8 August 2010.
  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. ^ 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. ^ "Kalanithi Maran emerges a billionaire after maiden IPO" (PDF). Archived (PDF) from the original on 9 November 2014. Retrieved 9 November 2014.
  12. ^ "Media Personalities – Kalanidhi Maran". Chennai Best. Archived from the original on 12 February 2012. Retrieved 24 January 2012.
  13. ^ "#17 Kalanithi Maran". Forbes. 29 September 2010. Archived from the original on 24 January 2018. Retrieved 2 September 2017.
  14. ^ "Newsmaker: Kalanithi Maran". Business Standard. Archived from the original on 13 December 2010. Retrieved 8 August 2010.
  15. ^ "Welcome To Sun Network". Sunnetwork.org. Archived from the original on 1 September 2010. Retrieved 8 August 2010.
  16. ^ "#20 Kalanithi Mar". Forbes. 18 November 2009. Archived from the original on 8 August 2010. Retrieved 8 August 2010.
  17. ^ "MEDIA MARAN". Tehelka. 9 June 2007. Archived from the original on 19 December 2013. Retrieved 22 July 2013.
  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. ^ "Kalanithi Maran". Forbes. 30 August 2014. Retrieved 28 January 2018.

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