Raj Rajaratnam, a name that once echoed through the hallowed halls of Wall Street, began his career in the early 1980s as a derivatives trader at the prestigious firm of Fidelity Investments. Born in Sri Lanka and educated at the prestigious Wharton School of the University of Pennsylvania, Rajaratnam’s analytical mind and relentless work ethic quickly propelled him through the ranks of the financial world.

In 1992, Rajaratnam founded his own hedge fund, the Galleon Group, with a mere $3 million in seed money. Over the next two decades, his fund grew to manage over $3.7 billion, making it one of the most successful and influential hedge funds of its time. Rajaratnam’s fame, however, was not solely due to his financial acumen. His high-profile lifestyle, including a luxurious Manhattan apartment and a penchant for expensive art, made him a fixture in the New York City social scene and a frequent target of the tabloids.

Raj Rajaratnam’s Current Net Worth (2025)

As of 2025, Raj Rajaratnam’s estimated net worth is $1.5 billion, according to Forbes. This significant decrease from his peak net worth of $1.8 billion in 2009 reflects the impact of his insider trading conviction and subsequent imprisonment.

Career

Raj Rajaratnam is a Sri Lankan-American businessman and co-founder of the hedge fund Galleon Group. He began his career as an analyst at Intel and later worked at Needham & Company before founding Galleon in 1997. Rajaratnam was convicted in 2011 for his role in an insider trading scandal and served 11 years in prison.

Other Ventures

Prior to his conviction, Raj Rajaratnam was known for his philanthropic efforts. He founded the Rajaratnam School of International Studies at the Nanyang Technological University in Singapore. Additionally, he was a significant donor to various educational and charitable causes in the United States and Sri Lanka.

Assets

Before his conviction, Raj Rajaratnam owned a luxurious penthouse in Manhattan, a 14-acre estate in Greenwich, Connecticut, and a mansion in Singapore. His assets also included a significant stake in McKinley Capital, a hedge fund he founded after Galleon. However, many of these assets were seized or sold following his conviction.

Annual Income

At the height of his career, Raj Rajaratnam’s annual income was estimated to be over $300 million. This was primarily generated from the management and performance fees of Galleon Group. However, his annual income significantly decreased following his conviction and subsequent imprisonment.

Frequently Asked Questions about  Raj Rajaratnam Today

**Frequently Asked Questions: Raj Rajaratnam Today Net Worth**

1. What is Raj Rajaratnam’s net worth today?

Raj Rajaratnam’s estimated net worth today is around $200 million.

2. How did Raj Rajaratnam make his fortune?

Raj Rajaratnam made his fortune through his hedge fund, Galleon Group, which he founded in 1997. He was known for his successful investments in technology and healthcare sectors.

3. What is Raj Rajaratnam’s background?

Raj Rajaratnam was born in Sri Lanka and moved to the United States to attend the University of Pennsylvania’s Wharton School. He started his career as an analyst at Dalbar Inc. and later worked at Needham & Company before founding Galleon Group.

4. When was Raj Rajaratnam convicted?

Raj Rajaratnam was convicted on 14 counts of securities fraud and conspiracy in 2011.

5. What was the sentence for Raj Rajaratnam?

Raj Rajaratnam was sentenced to 11 years in prison and ordered to pay a $10 million fine in 2011.

6. What was the Galleon Group scandal about?

The Galleon Group scandal involved insider trading and involved Raj Rajaratnam and several other individuals. It was one of the largest hedge fund scandals in history.

7. When was Galleon Group shut down?

Galleon Group was shut down in 2009 following the insider trading scandal.

8. What is Raj Rajaratnam doing now?

Raj Rajaratnam is currently serving his prison sentence. He is not involved in any known business or investment activities.

9. How old is Raj Rajaratnam?

Raj Rajaratnam was born on June 15, 1957, making him 65 years old as of 2022.

10. What is the status of Raj Rajaratnam’s appeal?

Raj Rajaratnam’s conviction was upheld by a federal appeals court in 2014, and he has not pursued further appeals. His prison sentence is set to expire in 2023.