Explore Shri Thanedar net worth, age, height, bio, birthday, wiki, and salary! In this article, we will discover how old is Shri Thanedar? Who is Shri Thanedar dating now & how much money does Shri Thanedar have?

Shri Thanedar Biography

Shri Thanedar is one of the most popular and richest Indian entrepreneur who was born on February 22, 1955 in Belgaum, India. Shri Thanedar (Marathi: shrii tthaannedaar born on 22 February 1955) is an Indian-born American writer, entrepreneur and politician.

Thanedar was awarded the Ernst & Young Entrepreneur of the Year for the Central Midwest Region (Missouri, Kansas, Iowa and Nebraska) in the years 1999, 2007 and in 2016.

Thanedar has written two autobiographies. ही ‘श्री’ ची इच्छा ! (Pronounced: He Shree Chi Ichha; English: This Is Shri’s Wish) is an autobiography written in Marathi, published in 2004. In 2008, Thanedar self-published his memoirs in English, “The Blue Suitcase: Tragedy and Triumph in an Immigrant’s Life.”

Thanedar briefly retired in 2010, then came out of retirement later that year to launch Avomeen Analytical Services, an Ann Arbor-based chemical testing laboratory, with his son Neil. Avomeen was named to the INC 5000 list of fastest-growing companies in the United States in 2015 (#673) and 2016 (#1365). In 2016 Thanedar sold a majority stake in the business to private equity firm High Street Capital. Thanedar shared $1.5 million of his sale proceeds with his 50 employees.

When he was in 1990 Thanedar began a new job at night and on weekends for $15 an hour for Chemir/Polytech Laboratories to learn the business. Thanedar obtained an investment loan to purchase Chemir at the beginning of 1991, for $75,000. In the beginning, sales were $150,000 and the company employed three people. In 2005, Chemir’s earnings totaled $16 million. It employed 160 people, which included 40 PhD chemists.

NameShri Thanedar
First NameShri
Last NameThanedar
OccupationIndian Entrepreneur
BirthdayFebruary 22
Birth Year1955
Place of BirthBelgaum
Home Town
Birth CountryIndia
Birth SignAquarius
Full/Birth Name
FatherNot Available
MotherNot Available
SiblingsNot Available
SpouseNot Known
Children(s)Not Available

Ethnicity, religion & political views

Many peoples want to know what is Shri Thanedar ethnicity, nationality, Ancestry & Race? Let's check it out! As per public resource, IMDb & Wikipedia, Shri Thanedar's ethnicity is Not Known. We will update Shri Thanedar's religion & political views in this article. Please check the article again after few days.

On April 5, 2017, Shri Thanedar submitted paperwork to raise funds for a potential gubernatorial campaign in Michigan. On June 8, 2017, Thanedar officially announced his candidacy for Governor of Michigan in the 2018 Democratic Party primary. Thanedar pledged not to accept any corporate political action committee donations. Thanedar contributed $10.6 million of his own money to his campaign. Early polling in 2017 showed Thanedar in last place at 2% to 3%. After running a statewide Super Bowl ad in February 2018, Thanedar quickly became the best-known Democratic candidate running for Governor of Michigan. Thanedar won statewide Democratic polls in March (21% to 18%) and April (30% to 26%) versus Gretchen Whitmer, the presumed Democratic front-runner.

Shri Thanedar Net Worth

Shri Thanedar is one of the richest Indian Entrepreneur from India. According to our analysis, Wikipedia, Forbes & Business Insider, Shri Thanedar's net worth $5 Million. (Last Update: December 11, 2023)

Thanedar was born into an income-strapped family living in Belgaum, India. His father had to retire at the age of 55, the 14-year-old Thanedar was employed at odd jobs to help support the family of 8. He received a bachelor’s diploma in chemistry at the age of 18 and later enrolled in an advanced masters program at the University of Bombay. He travelled into America in United States in 1979 to pursue the PhD from the University of Akron, which was completed in the year 1982. Thanedar was admitted as an US citizens in the year 1988.

Thanedar completed postdoctoral research with The University of Michigan before taking an appointment in 1984 as an investigator in the company Petrolite Corp.

Thanedar borrowed $24 million from Bank of America to finance seven acquisitions, offering the bank a personal guarantee to back the debt. One acquisition, Azopharma, grew rapidly from $1 million in 2003 to $55 million in 2008. Thanedar’s group of companies employed 500 people in 2008.

Net Worth$5 Million
SalaryUnder Review
Source of IncomeIndian entrepreneur
CarsNot Available
HouseLiving in own house.

In November 2017, a buyer of Avomeen Holdings LLC filed a lawsuit in the U.S. District Court in Detroit, claiming Thanedar made “fraudulent and misleading representations” of his company’s finances in order to sell the majority stake in November 2016. Thanedar denies the allegations, stating that revenues “are anticipated to significantly exceed” those of past periods. Thanedar maintains 40 percent ownership of Avomeen.

These controversies hurt Thanedar’s campaign and he failed to poll over 30% again. On August 7, 2018, Thanedar received 200,645 votes in the Democratic Party primary (17.7%), placing him in third behind Gretchen Whitmer’s 588,436 votes (52.0%) and Abdul El-Sayed’s 342,179 votes (30.2%). Thanedar’s support was heavily concentrated in cities like Detroit, Flint, Inkster, and Pontiac with high African American populations.

Height, Weight & Body Measurements

Shri Thanedar height Not available right now. Shri weight Not Known & body measurements will update soon.

HeightUnknown
WeightNot Known
Body MeasurementsUnder Review
Eye ColorNot Available
Hair ColorNot Available
Feet/Shoe SizeNot Available

During the 2007–10 recession in the United States, Azopharma’s revenue fell by 70 percent, triggering bankruptcy proceedings by Bank of America. Azopharma was closed and its assets were sold for $2 million. During the bankruptcy proceedings, AniClin, one of Azopharma’s research facilities of which Thanedar was the sole owner, was abruptly closed; a 2010 USA Today article claimed that laboratory animals were abandoned at the facility after the company was placed in receivership. Later reports state that animal welfare organizations successfully facilitated the adoption of all animals in the facility and Thanedar denied claims that any animals were abandoned. Chemir remained profitable throughout the legal proceedings and was sold on March 31, 2011 for $23 million. That sale plus the combined assets in the firm covered Thanedar’s debt to Bank of America.

Shri Thanedar entered politics when he chose to run in the 2018 Michigan gubernatorial election as a Democrat. Thanedar’s political platform includes a $15 minimum wage, public education reform, infrastructure improvements, and increased government transparency.

Who is Shri Thanedar Dating?

According to our records, Shri Thanedar is possibily single & has not been previously engaged. As of December 1, 2023, Shri Thanedar’s is not dating anyone.

Relationships Record: We have no records of past relationships for Shri Thanedar. You may help us to build the dating records for Shri Thanedar!

As Thanedar’s campaign gained public traction in early 2018, reporters at The Intercept and HuffPost began investigating Thanedar’s history. Thanedar had not held elective office before running for Governor of Michigan in 2017, so he did not have an official record as a Democrat. Campaign finance records show that Thanedar made 18 donations to Democratic campaigns and 1 donation to a Republican campaign prior to running for office. However, that one Republican donation, $2,300 to the Republican presidential campaign of John McCain, led to controversy that Thanedar may not be as progressive as he claimed. Political strategists who met with Thanedar before his 2018 campaign also claimed that Thanedar initially questioned whether he wanted to run as a Democrat or Republican in the gubernatorial race. Thanedar denied the claims, stating that he was being criticized by these strategists because he did not hire their firms. Thanedar also faced accusations that laboratory animals were abandoned at one of his former research facilities after that business was placed into receivership by Bank of America in 2010, claims that were denied by Thanedar and later reports.

Facts & Trivia

Shri Ranked on the list of most popular Indian entrepreneur. Also ranked in the elit list of famous people born in India. Shri Thanedar celebrates birthday on February 22 of every year.

Following the 2018 election, Thanedar moved to Detroit and started a 2020 election campaign for the 3rd District of Michigan House of Representatives.

You may read full biography about Shri Thanedar from Wikipedia.

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