This Indian man runs Rs 1.10 lakh crore business empire, leads a humble lifestyle, has no mobile phone

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Rama Murthy Thyagarajan founded the Shriram Group in the 1960s. The group which started as a small chit fund company slowly became of the biggest financial giants, with Shriram Finance alone reaching a market valuation of Rs 1.10 lakh crores

Rama Murthy Thyagarajan

New Delhi: The founder of the Shriram Group Rama Murthy Thyagarajan is a billionaire who heads a whopping Rs 1.10 lakh crore business empire. Despite being filthy rich, Rama leads a very simple and normal life. He lives in a modest house, drives a simple car worth Rs 6 lakh, and also avoids using a mobile phone. Today, in this article, we will delve into his lifestyle and understand how one can lead a simple lifestyle despite being super wealthy.

Rama Murthy Thyagarajan Journey:

Rama Murthy Thyagarajan founded the Shriram Group in the 1960s. The group which started as a small chit fund company slowly became of the biggest financial giants, with Shriram Finance alone reaching a market valuation of Rs 1.10 lakh crores. Rama, who earlier used to work in an insurance company, put all his expertise in shaping his new business. He avoided making the same mistakes that other traditional banks were making for a long period. He noticed that traditional banks were often unwilling to serve certain groups, such as truck drivers and low-income earners.

Rama bridged this gap and decided to concentrate on offering loans to these overlooked communities, especially financing commercial vehicles. Soon, his strategy paid off, and the company quickly expanded by meeting the needs of people who had few other options for financial assistance. His business mantra was not to serve the rich but to understand the problems of common man and also provide solutions.

Rama Murthy Thyagarajan Lifestyle:

Rama Murthy Thyagarajan leads a very simple and modest lifestyle. Even after having so much wealth, he prefers to stay away from limelight. People close to him state that he keeps him away from all forms of luxury. He once sold his stake in a USD 750 million company, choosing to donate the money to a trust. This decision highlighted his commitment to philanthropy and his dedication to keeping his life grounded in simplicity rather than luxury.

Rama’s story shows that success is not always the material wealth you own but also the positive impact you are making. His life is a testament to humility, integrity, and the importance of thinking beyond traditional boundaries, offering an inspiring example for others to follow.

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