Rahul Gautam, aged 70, is additionally the head of the Polyurethane Association of India.
As the chairman and managing director of Sheela Foam, Rahul Gautam is an Indian billionaire businessman. The company is famous for its Sleepwell brand of mattresses and it is the driving force behind its success. The business was originally established in 1971 by his late mother, Sheela Gautam.
Having a market capitalization of Rs 10,730 crore, Sheela Foam was listed in 2016. The company operates 10 factories in India, one in Spain, and three in Australia. Rahul Gautam has been associated with the company since 1971 and is the reason for its success. In addition, he is also the chairman of the Polyurethane Association of India, at the age of 70.
As of April 12, 2023, Forbes estimates his net worth to be USD 1 billion, and he is ranked at position 2,538 in Forbes’ list of Billionaires. His son Tushaar leads the research division of the company.
Having a bachelor’s degree in Technology in Chemical Engineering from the Indian Institute of Technology (IIT) Kanpur and a Master’s Degree in Science in Chemical Engineering from the Polytechnic Institute of New York, US, Gautam has more than 40 years of experience in the home comfort products and PU foam industry.
In addition to his business pursuits, he is active in philanthropy in the areas of education and sports. He finds pleasure in participating in outdoor sports, reading books on management and philosophy, and listening to Indian classical instrumental music.