Raj Rajaratnam is the founder of Galleon Group, a New York based hedge fund management firm. He is the richest Sri Lankan born person in the world. On October 16, 2009 he was arrested by the FBI on allegation of insider trading. Due to his arrest and subsequent release on bail, he has indicated that he will wind down his holdings in the Galleon fund by January 2010.

He was born in Sri Lanka, and according to the widely read newspaper the Island attended S. Thomas' College, Mount Lavinia, there are some websites that say he attended S. Thomas' Preparatory School, Kollupitiya,.. He then moved to England to complete his schooling, and studied engineering at the University of Sussex in England. Rajaratnam earned an M.B.A. from Wharton School of the University of Pennsylvania in 1983. He is married with three children. Read More

According to Forbes magazine, Rajaratnam, a Tamil self-made billionaire hedge fund manager, is the 236th richest American in 2009, with an estimated net worth of $1.8 billion. He was ranked 262nd richest American in 2008, and as of early 2009, is the richest Sri Lankan born person in the world. As of 2009, his $1.2 billion Diversified Fund has returned 22.3%, according to an investor letter. Close