Businessman Biswanth Patnaik of Odisha made headlines when he donated £25 million (about Rs. 250 crore) to a Jagannath Temple in the UK. This is reportedly one of the biggest charitable donations made to a temple outside of India.
Details on The Indian billionaire Biswanth Patnaik pledged $250 crore to the Jagannath Temple in the United Kingdom
During Sunday’s inaugural UK Jagannath Convention, which was held on the auspicious anniversary of Akshaya Trithiya, billionaire businessman Biswanth Patnaik expressed his willingness to contribute. Here are some interesting facts about the man.
Banker-turned-businessman The chairman and founder of the FinNest Group of Companies, an IT consulting business, is Biswanath Patnaik. The business reportedly makes investments in green energy.
The multi-degreed billionaire Odia apparently holds an MBA, an LLB, and a BA in Economics. Biswanath began working for a number of financial companies after gaining experience in the banking industry. He apparently began to take small steps towards entrepreneurship in 2009.
Before purchasing two more, he launched a number of businesses. One of these was a business with a Bombay Stock Exchange (BSE) listing, while another had an RBI licence. Biswanath continued to concentrate on these companies’ activities up until 2014.
Later, he increased his investment portfolio to include renewable energy, healthcare, and fintech. According to a report by the DNA, he is also involved in bullion trade and the refinement of gold in Dubai.
Patnaik expressed interest in establishing a manufacturing facility for commercial heavy vehicles and EV-Hydrogen trucks in Odisha earlier this year. According to a story in The New Indian Express, the project cost Rs 500 crore. According to a news article, the idea will shortly reach the state administration.
Patnaik reportedly appeared on the cover of Forbes magazine alongside FinNest MD Arun Kar. In addition to his gifts in India, Biswanth Patnaik is active in the world of charity and donates to UNESCO. According to a DNA report, Biswanth Patnaik is now paying for 500 impoverished girls’ college tuition.
