Arun Pudur: Born in Chennai shifted to Bengaluru to billions : - net worth is estimated at over four billion dollars, is the CEO of Celframe, which makes world's second most popular word processor after Microsoft, among other things. Based in Kuala Lumpur, Arun Pudur has diversified into several sectors including mining and real estate.
You were born in Chennai, when did you shift to Bengaluru?
When I was in my sixth standard, my family decided to move to Bengaluru as my father spent nearly seven to eight months in a year there. When we came to Bangalore, we stayed in Rajajinagar and then moved to Basaveshwarnagar before buying a place in HBR Layout. I stayed there till 2003, when I shifted overseas.
When I lived there, there was nothing in HBR Layout. Now I am told it's a central part of the city.
When you were born, your family felt, you had a great destiny to fulfil...
My father always used to talk about us being Tirupathi Iyengars, one of the three families, who were the high priests at Tirumala. Though we never managed the temple, we always knew greatness was within us.
My mother always used to say that I was the lucky one in the family. After I was born, my father's career skyrocketed. He passed away just three months ago. My mother always instilled in me that I was born for greatness.
I have seen top CEOs of multinational companies, who retired with very little to their name. They were running 120 and 130 billion dollar companies and now may have a personal fortune of 30 to 40 million dollars. And that was what I didn't want to be.
when we released our first product called Celframe office. It is now considered to be the Number 2 office suite in the world by way of sales.
You say your upbringing taught you the value of money
There was a time when I used to buy jets like buying candies. I had eight private jets of my own. I once tried to sell one of my jets and found that I had lost about 40 percent of what I had actually paid. Then I realised that these toys, homes or yachts, do not add much value to you.
I took the hit, got rid of jets and houses, and reinvested them back into my businesses. I also turned whatever jets and yachts I was left with, into a rental business.
This lesson, appreciating the value of money, was taught by my parents. The strongest reason for my success was the foundation I had when I was young.
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