Age, Biography and Wiki
Ponty Chadha was an Indian businessman and entrepreneur who was the managing director of Wave Cinemas. He was born in 1957 in Moradabad, India. He was the son of a farmer and had no formal education. He started his business career as a small-time liquor trader in the late 1970s. He then diversified into real estate, sugar, distilleries, and multiplexes. He was the owner of the Wave Group, which had interests in real estate, sugar, distilleries, and multiplexes. He was also the owner of the Chadha Group, which had interests in real estate, sugar, distilleries, and multiplexes.
At the time of his death in 2012, Ponty Chadha was estimated to have a net worth of $2.5 billion. He was one of the most successful businessmen in India and was known for his philanthropic activities. He was also a major political donor and had close ties with the Indian National Congress.
| Popular As |
Gurdeep Singh Chadha |
| Occupation |
former managing director of Wave Cinemas. |
| Age |
55 years old |
| Zodiac Sign |
N/A |
| Born |
, 1957 |
| Birthday |
|
| Birthplace |
Moradabad, Uttar Pradesh, India |
| Date of death |
November 17, 2012, |
| Died Place |
New Delhi |
| Nationality |
India |
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He is a member of famous with the age 55 years old group.
Ponty Chadha Height, Weight & Measurements
At 55 years old, Ponty Chadha height not available right now. We will update Ponty Chadha's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
| Physical Status |
| Height |
Not Available |
| Weight |
Not Available |
| Body Measurements |
Not Available |
| Eye Color |
Not Available |
| Hair Color |
Not Available |
Who Is Ponty Chadha's Wife?
His wife is Lovely Chadha (m. ?–2012)
| Family |
| Parents |
Not Available |
| Wife |
Lovely Chadha (m. ?–2012) |
| Sibling |
Not Available |
| Children |
Manpreet Singh Chadha, Harsheen Chadha |
Ponty Chadha Net Worth
His net worth has been growing significantly in 2022-2023. So, how much is Ponty Chadha worth at the age of 55 years old? Ponty Chadha’s income source is mostly from being a successful . He is from India. We have estimated
Ponty Chadha's net worth
, money, salary, income, and assets.
| Net Worth in 2023 |
$1 Million - $5 Million |
| Salary in 2023 |
Under Review |
| Net Worth in 2022 |
Pending |
| Salary in 2022 |
Under Review |
| House |
Not Available |
| Cars |
Not Available |
| Source of Income |
|
Ponty Chadha Social Network
Timeline
The company operates multiplexes and malls under the brand name 'Wave Cinemas' & ‘Wave Malls’ in New Delhi, Noida, and several cities across North India. Incepted in 1999, the company has distributed over 150 Bollywood blockbusters and has cross-border ventures as well. Besides India, the distribution network covers Nepal, Bhutan, United States, UK and several other Arabian and Asian countries.
In January 2014, murder charges against all the 21 accused were dropped by a trial court in Delhi, including Sukhdev Singh Namdhari, ex-chief of Uttarakhand's minority commission[23] who was arrested on 23 November for shooting at Hardeep Chadha.
The Delhi Police, in July 2014, contested the ruling in the Delhi High Court which accepted the plea and served fresh notices to the 21 accused.
In February 2012, the Directorate of IT and CI officials reportedly raided the home of Surinder Sawhney the Uncle of Former Delhi Finance Minister Jatinderpal Sawhney, who is the direct brother in law of Rajesh Katial, belonging to the prominent Katial family of New Delhi It was said that cash worth Rs 110 million, jewellery and fixed deposits were recovered, and 13 bank lockers confiscated. However, various media reports were contradictory. About two weeks later, they reported that almost nothing was recovered.
Ponty Chadha, died on 17 November 2012 and his death remains mired in mystery. The cause of the death is said to be crossfire between him and brother Hardeep, though varied accounts of the incident can be found. One of the arguments is that disputed ownership over a piece of property led to the crossfire; speculations in the media of the brothers being in loggerheads over the family business were also rife, but all these have remained largely unconfirmed in the public domain.
Just before the 2009 General Elections, due to a change in Uttar Pradesh government policy to control the trafficking of spurious liquor, the system of multiple wholesale dealers was abolished. This led to the monopoly of Chadha group who acquired the license to sell wholesale alcohol single-handedly in the whole state.
Ponty established Mata Bhagwanti Chadha Niketan in July 1999, a non-profit special education institution in Noida with the mission to educate and prepare special children to achieve physical, social and financial independence to the best of their abilities, in honor of his right hand man Niketan Sawhney being shot and killed in a standoff with a rival business group on December 1997.
Gurdeep Singh Chadha (22 October 1960 – 17 November 2012), also known as Ponty Chadha, was an Indian businessperson who owned the Wave Group.
