After a very successful career with the big finance houses, working for Morgan Stanley, Credit Suisse, and Merrill Lynch, Sanjay Shah found himself downsized in 2007. Wall Street was in free fall and dropping the nation into a deep recession because of rampant corruption. Sanjay Shah did not let it keep him down. He did a most ambitious and gutsy move, he started his own company: Solo Capital Holdings. This grew out of his original small company, Aesa S.a.r.l. Some critics panned his effort then. They have nothing bad to say now. Shah’s gamble paid off quite handsomely.
Shah’s company owns the brands Solo Capital UK and Solo Capital Limited, both headquartered in London, England. Along the way, he has acquired other companies and started still others, located in Dubai, Malta, the Cayman Islands, the Virgin Islands, and Luxembourg. Altogether, his early efforts to recover his career landed him in the upper stratosphere of the wealthy; earning him over £19 million pounds at that time. He even got back into investment banking, buying Old Park Lane Capital. Now he lives in Dubai as a wealthy retired philanthropist and is estimated to have a total net worth of $280 million USD.
These days Sanjay Shah is very busy, even though he claims to be completely retired from business. He founded Autism Rocks, his charity to help fund autism research through high-ticket private music concerts. He got the idea from his friend, recording artist and hip hop superstar Snoop Dogg. On a visit to Shah’s family home in Dubai, Snoop was told that Shah’s son had recently been diagnosed as being autistic. Snoop immediately saw a way for Shah to really help that situation. He suggested that Shah launch his own venue into the music business by holding private concerts to pay for autism treatment and basic causes research. Shah took Snoop’s suggestion to heart and started Autism Rocks, which has hosted many private concerts that has raised over $15 million. All the proceeds go to Cambridge University study’s trust: Autism Research Trust. Concerts have been put on in both Dubai and London with great world-class DJs and big name stars, such as Snoop Dogg, Prince, Drake, Michael Bublè, and Lenny Kravitz.
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