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$348 million
- Last week, Silicon Valley tycoon Vivek Ranadivé, 55, named Bhathal, 71, founder of Tustin-based Raj Manufacturing, one of the largest swimwear companies in the nation, as one of the investors in a consortium to buy a majority stake in the Kings from the franchise’s longtime owners, the Maloof family, for a reported $348 million.
www.ocregister.com › 2013/05/24 › swimwear-magnate-invests-in-nbas-kingsSwimwear magnate invests in NBA’s Kings – Orange County Register
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Alex Bhathal is Founder of RAJ Capital, the Bhathal family’s investment office including its Revitate investment management platform, leading the firm’s activities in real estate, consumer brands and sports.
May 24, 2013 · The purchase price, if accurate, would value the Kings at $535 million, a record for the league, according to an NBA.com report. The deal, which is expected to close next week, vaults a trio...
On Wednesday, the Thorns announced the sale of the NWSL team to the Bhathal family, owners of the Sacramento Kings through investment company RAJ Sports, after a deal was reportedly...
Oct 4, 2021 · Newport Beach’s Bhathal family, best known for apparel manufacturer Raj Swim and as co-owners of the NBA’s Sacramento Kings, said they are shifting their family office into a new scalable investment platform open to outside investors.
Oct 3, 2021 · Newport Beach’s Bhathal family, best known for apparel manufacturer Raj Swim and as co-owners of the NBA’s Sacramento Kings, said they are shifting their family office into a new scalable investment platform open to outside investors.
Co-Owner of the Sacramento Kings since 2013-2014. Vice Chairman of the Sacramento Kings since 2013-2014.