Lord Bagri
| The Lord Bagri | |
|---|---|
Arms of Baron Bagri
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| Born | 24 August 1930 |
| Title | Baron Bagri |
| Tenure | since 14 February 1997 |
| Spouse(s) | Usha Maheshwary |
| Issue | one son, one daughter |
Raj Kumar Bagri, Baron Bagri, CBE (born 24 August 1930) is a former Conservative member of the House of Lords. Lord Bagri was in parliament between 1997 and 2010.
A businessman, Bagri was chairman of the London Metal Exchange until 2002. Bagri is a member of the advisory committee of The Prince's Trust and chairman of the Bagri Foundation. He is a governor of the University of London's School of Oriental and African Studies (SOAS).
In 2012, Bagri sold Hanover Lodge, "the UK’s most expensive home", to Andrey Goncharenko a Russian billionaire, for £120 million.
He married Usha Maheshwary in 1954 and they have a son and a daughter.
He was to the Order of the British Empire as a Commander (CBE) in the 1995 New Year Honours. The 1997 New Year Honours list announced that Bagri was to be raised to the peerage, and in February he was gazetted a life peer as Baron Bagri, of Regent's Park in the City of Westminster. In 2010, following the enactment of the Constitutional Reform and Governance Act, Bagri gave up his seat in the House of Lords in order to maintain his non-domiciled status for United Kingdom tax purposes.
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