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  1. Shri Thanedar

    Shri Thanedar

    Indian-American businessman and politician

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    • Shri Thanedar: India-born man with rags-to-riches story ...

      $200 million

      • Thanedar had risen from a life of poverty in Belgaum and struggle in Mumbai to become the owner of a pharmaceutical firm in Michigan and had been living the American Dream, but at that moment, he felt the world collapse around him. He survived the crisis and made his business successful and worth $200 million.
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  2. Nov 5, 2020 · He survived the crisis and made his business successful and worth $200 million. Then came the 2008 economic slump: his company crashed and he even lost the dream home he built. He had to start all ...

    • Vaibhav Purandare
  3. Thanedar contributed $10.6 million of his own money to his campaign. Early polling in 2017 showed him in last place at 2% to 3%. [ citation needed ] After running a statewide Super Bowl ad in February 2018, he quickly became the best-known Democratic candidate for governor. [26]

  4. Jul 12, 2023 · He bought his first company in 1991 by taking out a $75,000 loan. He slowly built his business empire with several more acquisitions. One of Thanedar's firms, Azopharma, reached from $1 million to $55 million in just 5 years. However, crisis struck again for Thanedar as recession hit the US.

  5. Shri Thanedar owns a Ferrari. Salary. As of 2023, Shri receives an annual salary of $1,74,000 as a Democrat Representative of the 13th congressional district of Michigan, USA. Net Worth. According to his financial disclosure, his net worth was $17,636,184 in 2017. [6] Scribd. Favourites. Food: Indian Food; Role Model: Mahatma Gandhi, Martin ...

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  6. Shri Thanedar is a Democratic gubernatorial candidate in Michigan who made and lost millions in the chemical testing industry. He faced lawsuits, foreclosures and bankruptcy after the Great Recession, but rebuilt his career in Ann Arbor.

  7. May 30, 2018 · In 2015 and 2016, the returns also show he: Made nearly $80,000 in dividends as part of a stock and bond portfolio estimated at $16 million to $18 million. Retains a 40 percent share of Avomeen worth an estimated $5 million to $10 million. Has a home worth $800,000 in Ann Arbor and owes about $600,000 on its mortgage.

  8. Jun 7, 2017 · Shri Thanedar is a rags-to-riches immigrant who sold his company Avomeen for a lot of money and gave his employees $1.5 million in bonuses. He is running for governor of Michigan in 2018, emphasizing his focus on small business growth and start-up culture.

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