Sant Singh Chatwal's Net Worth as of 2024
$20 Million
Sant Singh Chatwal was born in 1946 in Faridkot, Punjab, India and is a businessman, probably best known as the owner of the restaurant chain Bombay Palace and Hampshire Hotels & Resorts chain. In 2010, Chatwal was honoured with the Padma Bhushan award given by the president Pratibha Patil. He was named the 19th most influential and powerful Sikh in the world. Sant Singh has been active in the restaurant and hotel business since the 1970s.
How much is the net worth of Sant Singh Chatwal? It has been reported by authoritative sources that the overall size of his wealth is as much as $20 million, as of the data presented in late 2017. Hotels and restaurants are the main sources of Chatwal’s fortune.
Sant Singh Chatwal Net Worth $20 Million
To begin with, the boy was raised in Faridkot, but there is no other public information about his childhood or education. An uncorroborated claim is that Sant Singh then served in the Indian Navy as a pilot.
Concerning the subsequent professional career of Chatwal, his first Indian cuisine restaurant was opened in Addis Ababa, Ethiopia, to where he had migrated. Afterwards, Chatwal moved to Montreal, Quebec, Canada in 1975, where he opened a restaurant in which Indian and French dishes were served, sometimes in combination. Even though the business was successful, Sant wanted to move forward, so he moved again, this time to the USA – in 1994, he became a citizen of the US.
Currently, he serves as the CEO and President of Hampshire Hotels & Resorts, LLC. What is more, Sant Singh Chatwal owns the chain of restaurants entitled Bombay Palace, which also adds huge sums to the outright size of Chatwal net worth.
The company has hotels in Thailand and the UK as well as the US. In addition, the company owns real estate to a total of 2,500 rooms located in Manhattan, New York City. The company is also working towards opening a chain of extra class hotels in India, provided the fact that in the above mentioned country there is little top level accommodation to compare with most western countries.
Finally, in the personal life of the businessman, Sant Singh Chatwal is married to Daman Chatwal, and they have a son together.
Sant Singh is known for his philanthropic activities too – he serves as a trustee of the charitable foundation entitled William J. Clinton Foundation. More, the businessman has donated huge sums to the US Democratic Party. Alongside ex-President of the US Bill Clinton he has travelled to India several times, and counts the latter among his friends.
