Raj Bagri, Baron Bagri
Indian-British businessman and politician (1930-2017)
From Wikipedia, the free encyclopedia
Raj Kumar Bagri, Baron Bagri, CBE (24 August 1930 – 26 April 2017) was an Indian-born British businessman and a Conservative member of the House of Lords from 1997 to 2010. He was made a life peer in 1997 under the title Baron Bagri, of Regent's Park in the City of Westminster.[2][3]
The Lord Bagri | |
|---|---|
| |
| Member of the House of Lords | |
| Life peerage 14 February 1997 – 6 July 2010 | |
| Personal details | |
| Born | 24 August 1930 |
| Died | 26 April 2017 (aged 86) London, England |
| Spouse | Usha Maheshwary |
| Children | 2 |
Early life
Raj Kumar Bagri was born on 24 August 1930 in Calcutta (now Kolkata) into a middle-class family. His father died when he was three, and age 15, his mother sent him to work as a clerk at for a metal distributor, part of the Binani family's industrial empire.[4]
Career
.jpg)
A businessman, Bagri was chairman of the London Metal Exchange until 2002. Bagri was a member of the advisory committee of The Prince's Trust and chairman of the Bagri Foundation. He was a governor of the University of London's School of Oriental and African Studies (SOAS).[5]
In 2012, Bagri sold Hanover Lodge, "the UK’s most expensive home", to Andrey Goncharenko a Russian billionaire, for £120 million.[6]
Personal life
He was born in a Maheshwari Banias (traders) caste in Bagri tribe of India. He married Usha Maheshwary in 1954, and they had two children.[7]
Honours and arms
Honours
He was to the Order of the British Empire as a Commander (CBE) in the 1995 New Year Honours.[9] The 1997 New Year Honours list announced that Bagri was to be raised to the peerage,[10] and in February he was gazetted a life peer as Baron Bagri, of Regent's Park in the City of Westminster.[11] In 2010, following the enactment of the Constitutional Reform and Governance Act, Bagri gave up his seat in the House of Lords in order to maintain his non-domiciled status for United Kingdom tax purposes.[12]
Coat of arms
 |
|
