Arun Nayar was born in December 1964, in Leeds, Yorkshire region of England. He is a 55-year-old international businessman and entrepreneur, best known for being the inheritor of one of the greatest textile industries in India. Nayar is also the founder and CEO of the tech company “Direction Software Solutions”.The entrepreneur’s engagement in the social media of celebrities allowed him to stay in the limelight. Arun’s nationality is Indian and he belongs to Indian-German ethnicity, following Hinduism.
Arun spent his early childhood days in Leeds and was raised by Gunnar, his German Mother, and Vinod, his Indian father. He has a younger sibling named, Nikhil Nayar, after who’s birth, the family moved to India. After his parents got divorced, both the brothers stayed with their mother.
The Nayar brothers laid the first stone of a staggeringly thriving textile firm based in India that prospered in the 1970s. The wealth that the firm generated helped Gunnar to send her children to the renowned “Cathedral and John Connon School”.At the age of 16, Arun came back to England to attend the esteemed Millfield Boarding School. Undoubtedly, he was a very bright student who earned a place at Oxford University to study physics. After graduating from Oxford with a B.Sc degree in physics, he got enrolled in the Imperial College, London to pursues his M.A degree in physics.
Family Business and Professional Career
Back in the 1970s, Gunnar initiated the textile firm which geared up its success from the late 1970s. Eventually, the firm became one of the most successful textile companies in India. Upon the completion of his studies, he quickly joined the family business. Thereafter, he also launched his startup, an IT consulting firm “Direction Software Solutions” and is serving as the CEO of that company.
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Marriage to Elizabeth Harley
Arun and Elizabeth met for the first time through a common friend, a London-based financier Alessandro Tome. After that, in January 2003, they were spotted together at a Christian Dior fashion show in Paris, France. In March 2007, the couple tied knots at a ceremony organized at Sudeley Castle. In addition to that, they also had a lavish Hindu wedding ceremony at Umaid Bhawan Palace in Jodhpur. This was an extravagant wedding of over $2.5 million. But, Two wedding ceremonies weren’t enough to make a marriage lasting though, the couple split after 4 years of togetherness. In April 2011, Elizabeth signed the divorce papers, claiming his “unreasonable behavior” to be the cause.
Arun Nayar’s Net Worth is estimated to be around $200 million, the main source being his successful business ventures including the textile firm.