Raj Rajaratnam is a Sri Lankan-American former hedge fund manager and the founder of the Galleon Group, a New York-based hedge fund that was one of the largest in the world before its closure in 2009.
Raj Rajaratnam was born on June 15, 1957, in Colombo, Sri Lanka. He attended S. Thomas' College in Sri Lanka before moving to the United Kingdom for higher education. He earned a BSc in Engineering from the University of Sussex and an MBA from the Wharton School of the University of Pennsylvania.
Raj Rajaratnam is married and has three children. He has lived in various parts of the United States, including New York City. His personal life has been marked by his philanthropic efforts, particularly towards education and healthcare in Sri Lanka.
Raj Rajaratnam began his career in finance at Chase Manhattan Bank before founding the Galleon Group in 1997. Under his leadership, Galleon Group grew to manage billions of dollars in assets, becoming one of the largest hedge funds globally until its closure in 2009 due to legal issues.
Raj Rajaratnam is known for his significant influence in the hedge fund industry, having built Galleon Group into a major player in the financial world. He was also ranked among the wealthiest individuals in the United States during his career peak.
In 2009, Raj Rajaratnam was arrested and later convicted for insider trading. The case was one of the largest of its kind in the financial industry, resulting in a prison sentence and the closure of the Galleon Group.
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