C. J. George Net Worth: Founder and Managing Director of Geojit Financial Services

When you dig a little deeper into the financial scene of India, you’ll somewhere come across the name of C.J. George. But how is he really? Well, just for the sake of introduction, he is the founder as well as the managing director of Geojit Financial Services right here in India. And those who are particularly interested in his net worth, well, that is estimated to be around Rs. 331 crore rupees.

Early Life and Education

Brought up in the small village of Pothanikkad, which is located in Ernakulam district in Kerala, and that is exactly where C.J. George was born. He knew right from his poor childhood the reason why he wanted to pursue education. At one point in time, he took up a part-time law course (LLB) in Delhi, however, during the time that he spent studying law, he started getting interested in the financial sector. For sure, this very new-found interest forced him to abandon his law studies and concentrate on developing a career in the stock market, which later became the base of his successes. And look at him now, he is this famous figure in India with a huge net worth and so many followers who just admire his good work.

Entry into the Financial Services Industry

Financial services have always been such a big part of his life, that’s what he has always said. And to be precise, it started when he joined B & K Securities and emerged as a securities analyst. From the get-go, he had the opportunity to feel the pulse of the stock market there, and he got so excited that he became a stockbroker. Though, later down the line, his journey took an important turn when George was on the move to Cochin but was still working for B & K Securities. At the same time, he began a new career when he found a client of B & K Securities in Cochin, Ranajit Kanjilal, who later became his partner and they together founded a start-up. Thus in 1987 Geojit & Co. was born after combining his own name ‘Geo’ and his partner’s name ‘Jit’.

Establishing Geojit Financial Services

George’s leadership sure made it a reality as a previously small stockbroking firm in Cochin soon evolved into a vast enterprise that anyone most likely can’t imagine. Though, when Ranajit Kanjilal left the company in 1991, George took over all the shares and made it work under a new name, “Geojit Financial Services.” From there on, its activities were enlarged at a steady pace, and, under his management, Geojit was also among the first businesses in India that pushed into face-to-face trading. And just so you know, this tactical action in customer service changed the way of investment in the stock market radically.

Key Achievements and Expansions

C. J. George’s always-forward-thinking allowed Geojit to maintain its competitive edge for a very long time. And that’s pretty much the reason why the company’s momentous step was the simultaneous listing on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). The sourcing of funds through such listings and the commitment to its expansion further strengthened Geojit’s hold on the financial sector. Furthermore, George also assured the strategic collaboration with some banks like Axis Bank and Federal Bank, which were quite significant from the bank’s as well as Geojit’s perspective. These collaborations paved the way for better financial services to the general public, thus bringing in a much larger audience for Geojit. Eventually, by 2021 the company owned more than 512 offices across India and maintained a stronghold in the Middle East too.

C. J. George’s Net Worth and Wealth

You know that Geojit Financial Services is really the most important thing that made C.J. George one of the richest people in the country! Talking about the recent data on his net worth, you see, by the end of 2021, the estimated value of his ownership in the company was Rs 331 crore, which is almost twice what it has been in the last year alone. And we can say for sure that the performance of the stock market during this time led to the growth of Geojit’s share price and that in turn made George’s wealth a huge increase!