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World's Billionaires - #8
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KP Singh
India
$30.0 bil
- Singh is now the world's richest real estate baron after listing his real estate development company DLF in 2007. The offering helped triple his fortune to $30 billion this year, up from $10 billion.
- A former army officer, known as K.P., he joined his father-in-law's Delhi Land & Finance in 1961.
- Singh later built DLF City in Gurgaon, his showpiece township on the outskirts of Delhi, by acquiring land from farmers. Over time, he transformed it into one of India's biggest real estate developers.
- Group plans to raise another $1.5 billion by listing a subsidiary in Singapore.
- A keen golfer, he now leaves son Rajiv, daughter Pia to run operations.
Rates
See today's average rates across the country.
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Loan Type Today Last Week 30 Year Fixed 5.11% 5.07% 15 Year Fixed 4.48% 4.55% 1 Year ARM 3.91% 3.94% 30 Year Fixed Jumbo 5.90% 5.86% 5/1 ARM 4.25% 4.19% 3/1 ARM 4.94% 4.97% Source: Bankrate -
Loan Type Today Last Week $30K Home Equity Loan 8.38% 8.34% $50K Home Equity Loan 8.28% 8.22% $75K Home Equity Loan 8.31% 8.25% $30K HELOC 5.17% 5.19% $50K HELOC 4.91% 4.93% $75K HELOC 4.91% 4.93% Source: Bankrate -
Loan Type Today Last Week 36 Month New Car Loan 6.71% 6.70% 48 Month New Car Loan 6.84% 6.82% 60 Month New Car Loan 6.88% 6.86% 72 Month New Car Loan 6.12% 6.12% 36 Month Used Car Loan 7.17% 7.17% 48 Month Used Car Loan 7.05% 7.05% Source: Bankrate -
Card Type Today Last Week Business Credit Cards 10.74% 9.74% Low Interest Credit Cards 11.97% 11.65% Balance Transfer Credit Cards 12.09% 12.13% Cash Back Credit Cards 12.49% 12.08% Instant Approval Credit Cards 13.32% 13.32% Reward Credit Cards 13.42% 13.29% Source: CreditCards.com
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