Singh, 75, owns 99.5 per cent of DLF Universal with his family, and is worth at least $10 billion according to Forbes magazine.

DLF has a land bank of about 3,000 acres in prime locations across India.

Hailing from a family of landlords and lawyers, Singh was born in Bulandshahar in Uttar Pradesh. After his graduation in science from Meerut College, he went to study aeronautical engineering in the UK.

In 1960, he joined the American Universal Electric Company, a joint venture between Universal Electric Company of Owosso, Michigan and the Singh family. Subsequently, he promoted another company, Willard India Ltd, in collaboration with ESB Inc of Philadelphia, to manufacture automatic and industrial batteries in India and became its managing director.

In 1979, he joined the Delhi Lease and Finance Universal Limited. American Universal Company merged with DLF Universal Ltd and Singh became the managing director of the new company.

In 2007, DLF plans to list on the Bombay Stock Exchange, which is expected to make Kushal Pal Singh India's richest man.

Driving the retail boom further, DLF plans to open 100 malls in five years in 60 cities, including India's biggest (4-million square foot) Mall of India, in Gurgaon.

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