Boy studied in Rajasthan, Canadian’s biggest ‘Raj Mistry’, built 14,000 houses, net worth crossing 19 thousand crores

Bill Malhotra Story: If you have a dream in your heart and the true passion to fulfill it, then no floor far away. This was proved by an ordinary Indian youth Bill Malhotra. Malhotra is one of the biggest names in Canada’s real estate industry today. Sometimes there was nothing in his pocket, but today we own the property of Arabs. His story is an inspiration for every common man who dreams of doing something big even among limited means. The life of the bill tells how hard, understanding and correct decisions can make someone from the floor.

Bill Malhotra was born in New Delhi, the capital of India. The memories of Delhi are still fresh in his mind. He often says that he used to go to Delhi with his father in a luxury hotel ‘The Claridges’. He did civil engineering from Rajasthan’s prestigious Birla Institute of Technology and Science (BITS).

In 1971, he was only 22 years old. Then his brother Ashok advised him to go to Canada. His brothers worked in an engineering company there. His father and Ambassador of Canada at that time of Ambassador Geoffrey Piercene did not take long to get a visa. After reaching Canada, he started working as a structural engineer and also gained recognition of a professional engineer in 1974.

Leaving job and started his business
After working as a Chief Structural Engineer in the city of Otawa for about 10 years, he decided to quit his job and decided to do something for himself. In 1986, he started his real estate company called Claride Homes. The company was named after the hotel in Delhi, where he used to come and go with his father in his childhood.

Initially he did not have much money, so he took a line of credit by mortgaging his house. Meaning he took a loan by mortgaging the house. He started the work of fixing an old building. This work was very risky, but on getting success, a new path of future was expected to be opened. The hardworking was Bill Malhotra from the beginning. His project was successful. What was it then, from here the foundation of Clarkey Holmes started to be confirmed.

More than 14,000 houses built
With the foresight and hard work of Bill Malhotra, his company made tremendous progress. So far, Clarkey Holmes has built more than 14,000 houses, flats, rental units, retirement homes and hotels. His company also built the tallest building of Otawa called ‘Clarge icon’, which is 469 feet height. Not only this, he also expanded the company in the state of Florida, USA, where he has been active and working for the last 20 years.

Bill Malhotra now sees the company’s functioning with his sons Neil and Sean. Both sons have been working in the company for the last two decades and are ready to handle it in future. Both have played a big role in advancing the company. Apart from this, he has also discovered new investment options in sports, such as taking a stake in the Ottawa Centers Hockey Team.

Bill Malhotra is not limited to business just. They also participate extensively in social service. Through the ‘Malhotra Family Foundation’, he has supported many works related to food banks, healthcare and youth. His life teaches that any person, whether he has come from a small town or big, if he keeps strong intentions, he can not only realize his dreams, but can also improve the lives of others.

Bill Malhotra’s net worth
According to Forbes’ real -time net worth meter, Bill Malhotra has a net worth of $ 2.3 billion. 1,95,18,08,75,000 (more than 19 thousand crores) in rupees. In 2021, his net worth was only $ 1.2 billion. The last four years have almost doubled it. His company is the main source of his earnings, his company Classes Holmes.

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