Raj Bagri, Baron Bagri
The Lord Bagri | |
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Baron Bagri | |
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Tenure | 14 February 1997 – 26 April 2017 |
Born | Kolkata, Bengal Presidency, British India[1] | 24 August 1930
Died | 26 April 2017 London, England | (aged 86)
Spouse(s) | Usha Maheshwary |
Issue
2 |
Raj Kumar Bagri, Baron Bagri, CBE (24 August 1930 – 26 April 2017) was an Indian-born British businessman and a Conservative member of the House of Lords from 1997 to 2010. He was made a life peer in 1997 under the title Baron Bagri, of Regent's Park in the City of Westminster.[2][3]
Early life[]
Raj Kumar Bagri was born on 24 August 1930 in Calcutta (now Kolkata) into a middle-class family. His father died when he was three, and age 15, his mother sent him to work as a clerk at for a metal distributor, part of the Binani family's industrial empire.[4]
Career[]
![](http://upload.wikimedia.org/wikipedia/commons/thumb/4/4f/THOMAS_COCHRANE_and_DAVID_EARL_BEATTY_-_Hanover_Lodge_Outer_Circle_Regent%27s_Park_London_NW1_4RJ_%282%29.jpg/220px-THOMAS_COCHRANE_and_DAVID_EARL_BEATTY_-_Hanover_Lodge_Outer_Circle_Regent%27s_Park_London_NW1_4RJ_%282%29.jpg)
A businessman, Bagri was chairman of the London Metal Exchange until 2002. Bagri was a member of the advisory committee of The Prince's Trust and chairman of the Bagri Foundation. He was a governor of the University of London's School of Oriental and African Studies (SOAS).[5]
In 2012, Bagri sold Hanover Lodge, "the UK’s most expensive home", to Andrey Goncharenko a Russian billionaire, for £120 million.[citation needed]
Personal life[]
He was born in a Maheshwari Banias (traders) caste in Bagri tribe of India. He married Usha Maheshwary in 1954 and they had son Apurv, who took over the running of Metdist, and daughter .[6]
Bagri died in London on 26 April 2017.[7][4]
Honours and arms[]
Honours[]
He was to the Order of the British Empire as a Commander (CBE) in the 1995 New Year Honours.[8] The 1997 New Year Honours list announced that Bagri was to be raised to the peerage,[9] and in February he was gazetted a life peer as Baron Bagri, of Regent's Park in the City of Westminster.[10] In 2010, following the enactment of the Constitutional Reform and Governance Act, Bagri gave up his seat in the House of Lords in order to maintain his non-domiciled status for United Kingdom tax purposes.[11]
Coat of arms[]
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Notes[]
- ^ Kuthiala, Tushaar (28 April 2017). "UK, India mourn the death of Indian-origin businessman Lord Raj Bagri". Connected to India. Retrieved 5 July 2017.
- ^ "No. 54685". The London Gazette. 20 February 1997. p. 2133.
- ^ Jump up to: a b Mosley, Charles, ed. (2003). Burke's Peerage, Baronetage & Knighthood (107 ed.). Burke's Peerage & Gentry. p. 219. ISBN 0-9711966-2-1.
- ^ Jump up to: a b "Lord Bagri breathes his last". Asian Voice. 28 April 2017. Retrieved 19 January 2021.
- ^ SOAS: "2016: A Vision and Strategy for the Centennial," p. 18. Archived 4 June 2011 at the Wayback Machine
- ^ "Lord Bagri, doyen of metal traders – obituary". The Telegraph. 1 May 2017. Retrieved 5 May 2017.
- ^ "Raj Bagri was a pillar of Indian community in UK". Hindustan Times. 27 April 2016. Retrieved 27 April 2017.
- ^ "No. 53893". The London Gazette (Supplement). 31 December 1994. p. 8.
- ^ Willcock, John. "Peerage hailed as spur to Asian businessmen" in The Independent (London) dated 31 December 1996
- ^ "No. 54685". The London Gazette. 20 February 1997. p. 2133.
- ^ "Tory donor Lord Ashcroft gives up non-dom tax status". BBC News. 7 July 2010.
- 1930 births
- 2017 deaths
- Rajasthani people
- Conservative Party (UK) life peers
- Indian peers
- Commanders of the Order of the British Empire
- British politicians of Indian descent
- British Hindus
- British businesspeople of Indian descent
- People with non-domiciled status in the United Kingdom
- Businesspeople from Kolkata
- Life peer stubs