59 Facts About Rajat Gupta

Rajat Gupta is the co-founder of the Indian School of Business, American India Foundation, New Silk Route and Scandent Solutions.

Rajat Gupta was convicted in June 2012 of four criminal felony counts of conspiracy and securities fraud in the Galleon scandal.

Rajat Gupta was sentenced in October 2012 to two years in prison, an additional year on supervised release and ordered to pay $5 million in fines.

Rajat Gupta's conviction was upheld by a Federal Appeals Court on 25 March 2014.

Rajat Gupta then lodged an appeal of his conviction with the US Supreme Court which was upheld in April 2015.

An application to remain free until the court determined whether it would hear the appeal was denied in June 2014, leaving Rajat Gupta having to commence his two-year prison term that month.

Rajat Gupta was released on monitored house arrest in January 2016 and from house arrest in March 2016.

Rajat Gupta was born in Calcutta, India, to a Bengali Baidya father Ashwini Gupta and a Punjabi mother Pran Kumari.

Rajat Gupta's father was a journalist for Ananda Publishers and a professor in Calcutta's Ripon College prior to that.

When Rajat Gupta was five the family moved to New Delhi, where his father went to start the Delhi-edition of the newspaper Hindustan Standard.

Rajat Gupta's father died when Rajat Gupta was sixteen and his mother died two years later.

Rajat Gupta was a student at Modern School in New Delhi.

Rajat Gupta received a Bachelor of Technology degree in Mechanical Engineering from IIT Delhi in 1971.

Rajat Gupta remarked that the first time he saw an airplane was when he flew to ITC at their request to inform them he would be attending Harvard.

Rajat Gupta was initially rejected because of inadequate work experience, a decision that was overturned after his Harvard Business School professor Walter J Salmon called Ron Daniel, then head of the New York office and later the managing director of McKinsey, wrote on Gupta's behalf.

Rajat Gupta began his career in New York before moving to Scandinavia to become the head of McKinsey offices in 1981.

Rajat Gupta did well in what was then considered a "backwater" area; this is where he first made his mark.

Rajat Gupta is widely regarded as one of the first Indians to successfully break through the glass ceiling, as the first Indian-born CEO of a multinational corporation.

Rajat Gupta reportedly began to express a certain resentment about money, as his peers in Silicon Valley and Wall Street at the time "raking in staggering amounts of money while Rajat Gupta soldiered on with a mere senior partner's millions".

Rajat Gupta maintained an office, executive assistant, email and phone at McKinsey and Company after 2007, and maintained the title "senior partner emeritus" of the firm.

Rajat Gupta continued to receive a salary from McKinsey as senior partner emeritus, totaling $6 million in 2008 and $2.5 million for each of the following three years.

In 1997 Rajat Gupta co-founded the Indian School of Business with friend and fellow senior partner Anil Kumar.

Rajat Gupta has served on several corporate boards as a director during his career.

Rajat Gupta was a member of the board of investment bank Goldman Sachs from 2006 until the expiration of his term in 2010.

Rajat Gupta was the non-executive chairman of Genpact from 2007 until March 2011.

Rajat Gupta served on the board of AMR, the parent company of American Airlines, from 2008 until 2011, and on the board of Harman International from 2009 to 2011.

Rajat Gupta has served on the board of Russian bank Sberbank, and as a managing advisor to Symphony Technology Group.

Rajat Gupta has served as a director of various financial groups.

Rajat Gupta was a member of the advisory board for OmniCapital Group.

In June 1995, Rajat Gupta was elected to the University of Chicago's board of trustees.

Rajat Gupta served as a member of the Yale President's Council.

Rajat Gupta was chairman and served on the advisory board.

Rajat Gupta was a member of the Dean's advisory board of Tsinghua University School of Economics and Management, and was on the board of Skolkovo.

Rajat Gupta was on the boards of Millennium Promise and the Pratham India Education Initiative.

Rajat Gupta is the former Co-Chairman of the United Nations Association of America.

Rajat Gupta was the co-founder and founding chairman of the Public Health Foundation of India.

Rajat Gupta was on the board of the Emergency Management and Research Institute, Health Management Research Institute, International Partnership for Microbicides, Board for the Global Health Council, the Global Health Council and the Harvard School of Public Health, and the Weill Cornell Medical College.

Rajat Gupta was chairman of the advisory board and the India AIDS initiative of The Gates Foundation and its Global Health Initiative until 2011.

Rajat Gupta is a former member of the United Nations Commission on the Private Sector and Development,.

Rajat Gupta remained in that position until resigning in March 2011.

Rajat Gupta began the organization in response to an earthquake that struck India in 2001, with its initial goal to help victims.

Rajat Gupta was previously the chairman of the International Chamber of Commerce, and was appointed as special assistant to the Secretary General for Management Reform for UN Secretary General Kofi Annan in 2005.

From 2008 to 2010, Rajat Gupta was a member of the foundation board for the World Economic Forum.

Rajat Gupta was chairman of the US-India Business Council from 2002 to 2005.

Rajat Gupta served on Indian Prime Minister Manmohan Singh's global advisory council from its inception until early 2012.

Rajat Gupta was arrested in New York City by the FBI and pleaded not guilty.

Rajat Gupta was released on $10 million bail on the same day.

Rajat Gupta did not trade in any securities, did not tip Mr Rajaratnam so he could trade, and did not share in any profits as part of any quid pro quo.

Rajat Gupta remained as chairman of New Silk Route, and Rajaratnam eventually invested $50 million in the fund.

On June 15,2012, Rajat Gupta was found guilty on three counts of securities fraud and one count of conspiracy.

Rajat Gupta was found not guilty on two other securities fraud charges.

The defense argued Rajat Gupta "never profited on the alleged trading" per one news account.

On October 24,2012, Gupta was sentenced to two years in prison by Judge Jed S Rakoff of the United States District Court in Manhattan for leaking boardroom secrets to Rajaratnam.

Rajat Gupta's conviction was upheld by a Federal Appeals Court on March 25,2014.

Rajat Gupta was released from federal prison on January 5,2016, on house arrest and required to live at his Manhattan home.

Rajat Gupta said he did not speak during his trial based on the advice of his lawyers.

Rajat Gupta asked him why his book lacked any contrition.

Rajat Gupta married Anita Mattoo, two years his junior, in 1973 after they had met at IIT Delhi.

Rajat Gupta was an electrical engineer, and according to him "a much smarter student" than himself.