Acharya Balkrishna Age, Wife, Family, Biography
Acharya Balkrishna Age, Wife, Family, Biography
Quick Infoâ
Net Worth: $4.8 Billion
Age: 51 Years
Marital Status: Unmarried
| Bio/Wiki | |
|---|---|
| Full Name | Balkrishna Suvedi |
| Profession | Businessman; Managing Director & Primary stakeholder of Patanjali Ayurved |
| Physical Stats & More | |
| Height (approx.) | 5' 8" (173 cm) |
| Eye Colour | Black |
| Hair Colour | Black |
| Personal Life | |
| Date of Birth | 4 August 1972 (Friday) |
| Age (as in 2023) | 51 Years |
| Birthplace | Syangja, Gandaki Pradesh, Nepal |
| Zodiac sign | Leo |
| Nationality | Indian |
| Hometown | Haridwar, India |
| School | He studied in a Gurukul at Kalwa (near Jind, Haryana) |
| Educational Qualification | Not Known |
| Religion | Hinduism |
| Food Habit | Vegetarian |
| Political Inclination | Bharatiya Janata Party (BJP) |
| Hobbies | Reading, Writing, Travelling |
| Controversies | ⢠His academic qualifications and Indian citizenship have been under doubt for a very long time. ⢠In 2011, the CBI registered a case against Balkrishna and arrested him on the charges of forgery and cheating. The agency claimed that his passport was issued on forged high school and graduation certificates. CBI also iterated that he owned a pistol without a legal permit. ⢠A case was filed against Balkrishna by the Enforcement Directorate on charges of money laundering. However, he was later given a clean chit because the ED could not find any evidence of wrongdoing. ⢠In June 2020, Balkrishna, along with Ramdev , launched an Ayurvedic medicine "Coronil" and claimed that it would cure the patients infected with the COVID-19. Following the launch of the medicine, he received heavy criticism for making fake claims without performing a legitimate clinical trial before the launch of the medicine. The Union government, Uttarakhand government, and the AYUSH Ministry distanced themselves from Baba's claim and put a blanket ban on medicine's advertisements. Later, an FIR against Balkrishna, Ramdev, and three others was lodged in Jaipur for allegedly conspiring to sell a fake Ayurveda medicine. check sources The Hindu  ⢠Patanjali advertising case On 21 November 2023, the Supreme Court of India warned Patanjali Ayurved of a Rs. 1 crore penalty for each false claim in its advertisements. The court issued its judgement in response to the petitions filed by the state units of the Indian Medical Association regarding Patanjali Ayurved's advertisement titled âMisconceptions spread by allopathy: Save yourself and the country from the misconceptions spread by pharma and medical industry,â which was published on 10 July 2022; the accusations against Patanjali Ayurved was of conducting a âsmear campaignâ and making false claims against evidence-based medicine. The court not only warned of the penalty but also directed the company to stop making false claims and creating misleading advertisements. check sources Mint On 27 February 2024, the Supreme Court of India issued a contempt notice against Patanjali Ayurved and its Managing Director Acharya Balkrishna for publishing advertisements of products, which violated the Drugs and Magic Remedies (Objectionable Advertisements) Act, 1954 and its Rules. On 19 March 2024, the Supreme Court issued a show cause notice to Baba Ramdev and asked why contempt proceedings be not initiated against him in Patanjali advertising case. The court also directed Ramdev and Balkrishna to appear before it to respond to contempt proceedings in the advertising case relating to the company. check sources The Hindu On 10 April 2024, the Supreme Court refused to accept the unconditional apology from Baba Ramdev and Acharya Balkrishna, saying that Ramdev's violations of the undertaking to the court was deliberate and willful. check sources The Hindu The Supreme Court later gave them one week time to apology in public. On 23 April 2024, they informed the court that they had published their apology in various newspapers to which the court asked if it was as big and expensive as its usual âfront pageâ advertisements for their products. The court also questioned the Centre that why the AYUSH Ministry suddenly repealed Rule 170, which dealt with the power to take action against objectionable advertisements, from the Drugs and Cosmetics Rules, 1945. check sources The Hindu On 24 April Patanjali Ayurved issued a bigger apology in various newspapers.  |
| Relationships & More | |
| Marital Status | Unmarried |
| Family | |
| Wife/Spouse | N/A |
| Parents | Father- Jay Vallabh Subedi (A security guard in an Ashram in Uttarakhand) Mother- Sumitra Devi |
| Style Quotient | |
| Car Collection | Range Rover  |
| Money Factor | |
| Net Worth (approx.) | $4.8 billion check sources Forbes |
Some Lesser Known Facts About Balkrishna
His father, Jay Vallabh Subedi was a security officer in an âAshramâ (Hermitage) in Uttarakhand.
Balkrishna joined Kalwa Gurukul in Haryana. After receiving his primary and secondary education, he travelled across India to study plants and their medicinal values.
An early image of Acharya Balkrishna
In the early 1990s, Balkrishna met Baba Ramdev for the first time at Tripura Yoga Ashram, Kankhal, Haridwar. Gradually, they became fast friends.
In 1993, Balkrishna along with Baba Ramdev went to the Himalayas near Gangotri, Uttarakhand.
An early image of Acharya Balkrishna (Extreme Left) and Baba Ramdev (Extreme Right)
In the 1990s, he along with Baba Ramdev used to sell âChyawanprashâ in Haridwar. He could easily be seen in the streets of Haridwar in those days.
Acharya Balkrishna and Baba Ramdev while selling products on cycle
Because of having lots of knowledge of herbs and Ayurveda, many people requested him to sell medicines for common problems. Slowly and steadily, he established an organisation of ayurvedic medicines and treatment.
In 1995, they (he and Baba Ramdev) established a trust, âPatanjali Divya Yoga Mandirâ in Haridwar. They also founded the âDivya Pharmacy,â a unit to manufacture ayurvedic medicines.
Balkrishna is the chairperson of the Patanjali Yogpeeth
On 23 October 2004, he was honoured by the former Indian President, Dr. APJ Abdul Kalam
with certificates, appreciation letters during a Yoga Camp in the Rashtrapati Bhavan.
Acharya Balkrishna and Baba Ramdev with APJ Abdul Kalam
In 2006, he and Baba Ramdev founded a consumer goods company, Patanjali Ayurved Limited. Later, the company went on to become the fastest-growing FMCG (Fast Moving Consumer Goods) company in the 2010s.
In 2007, Balkrishna was honoured by the Government of Nepal for his research in Ayurveda and Culture.
In 2012, Balkrishna was bestowed with the Sujana Shri award by Veeranjaneya Foundation for his marvellous contribution to yoga and herbal plants.
On 23 February 2014, he was honoured by the then Cheif Minister of Gujarat (Later, Prime Minister of India), Narendra Modi at an Ayurveda Summit held in Gujarat.
Narendra Modi folding hands before Acharya Balkrishna
Till 2016, he was awarded 13 awards/titles. Some of them are-Bloomberg Special Recognition Award, Felicitation by Canada India Network Society, Felicitation in Nepalâs Cabinet, Bharat Gaurav Award, and many others.
Balkrishna while receiving the Bharat Gaurav Award
Balkrishna owns 98% stakes in Patanjali Ayurved. The company entered the Hurun India Rich List 2017 with a notable amount of Rs. 25,600 crore. check sources Business Today
His supporters celebrate his birthday as âJadi Booti Diwasâ (Herbs Day).
Despite being the CEO and MD of Patanjali Ayurveda, he does not take any salary.
Balkrishna serves as the Chief Editor of a magazine âYog Sandesh,â which promotes Yoga and Ayurveda. Along with his co-authors, he has written 41 research papers. All of them are related to Ayurveda and Yoga.
Coverpage of Magazine, Yog Sandesh, which is edited by Balkrishna
In 2018, his company opened a subsidiary named âPatanjali Food and Herbal Park in Uttarakhand.
On 25 May 2019, the United Nations Sustainable Development Group (UNSDG) named him among the worldâs 10 influential people. He was also conferred with the UNSDG Healthcare Award in Geneva, Switzerland.
In August 2019, he complained of giddiness and chest pain after which he was admitted to AIIMSÂ in Rishikesh. Soon after, he was discharged and recovered completely.
Acharya Balkrishan in AIIMS
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