Keshub Mahindra is the former chairman of the Mahindra Group, including Mahindra & Mahindra Limited. As per Forbes Mar 2011 rankings, Mahindra has a net worth of $615 million and is ranked #82nd richest person in India. Mahindra is uncle of Anand Mahindra. He handed charge to nephew Anand Mahindra in 1997. Mahindra retired on 9 August 2012 after heading the group for 45 years, handing over the baton to his nephew and vice-chairman and managing director Anand Mahindra.