As of September 2023, Ishara Nanayakkara’s net worth is estimated to be US$ 580 million. This is based on his publicly disclosed assets, which include his stake in the LOLC Group, a diversified conglomerate with interests in finance, insurance, healthcare, and retail.
|Date of birth||1976-05-10(Age 49 Years)|
|Birthplace||Colombo, Sri Lanka|
|Net Worth||US$ 580 million|
|Education||Royal College, Colombo|
Nanayakkara became the richest person in Sri Lanka in 2019 when a Korean bank agreed to buy the LOLC Group’s Cambodian microfinance arm for $603.4 million. This deal increased Nanayakkara’s stake in the LOLC Group to over 50%.
Nanayakkara is a graduate of the University of Colombo and the Harvard Business School. He began his career as a management consultant at McKinsey & Company before joining the LOLC Group in 2001. He has served as the deputy chairman of the LOLC Group since 2013.
Nanayakkara is a philanthropist and is involved in several charitable organizations in Sri Lanka. He is the chairman of the Ishara Nanayakkara Foundation, which supports education, healthcare, and social welfare initiatives.
Here is a breakdown of Ishara Nanayakkara’s net worth:
- Publicly disclosed assets: $579.7 million
- Privately held assets: Unknown
Nanayakkara’s net worth may be higher than $309.7 million, as he may have privately held assets that are not publicly available.
Ishara Nanayakkara Income Sources
Nanayakkara’s primary source of income is his family business. He is one of the richest businessmen in Sri Lanka and earns a significant amount of money from his father’s established business and his investments. He is also a person with good recognition among the Sri Lankan People.
Here is a breakdown of Ishara Nanayakkara’s income sources:
- Business: 90%
- Endorsements: 10%
He is one of the most successful actors in Sri Lanka and has a wide range of income streams. Here are some specific examples of Ishara Nanayakkara’s income sources:
- He invested in many businesses and owned several startups which endorsed him with early dividends.
- Business: Nanayakkara owns several businesses in Sri Lanka, including a chain of restaurants, a clothing line, and a real estate company.
- Endorsements: Nanayakkara is a popular brand ambassador and has endorsed several products, including cars, clothing, and electronics.
Ishara Nanayakkara Personal life
Ishara was born into a business-cultured family. His Father Rajah Nanayakkara was an entrepreneur and founded the automobile industry through Ishara Traders in 1973 which is now regarded as the pioneer in importing reconditioned repaired vehicles from Japan to Sri Lanka. Ishara completed his secondary education at Royal College, Colombo, and after that, he moved to Japan for graduation and further studies. After that, he also pursued Business Accounting at Australia’s Dandenong College. appointed to the Board of Directors of LOLC in 2002. At the age of just 26 years, he was appointed to the Board of Directors of LOLC in 2002.