Vijay Eswaran, the Malaysian-born entrepreneur, is the CEO of IQ Group. According to Forbes magazine, he is one of the wealthiest individuals in Malaysia. Eswaran has been in business for the last three decades. Prior to starting his company, he did all sorts of jobs such as picking grapes, cab driving and working at construction sites. Additionally, Eswaran is an eloquent speaker and author of the best-selling books, including Sphere of Silence, In the Thinking Zone, and On the Wings of Thought.
He was born in Malaysia to a middle-class couple in 1960. Eswaran studied at the London School of Economics and graduated with a degree in Socio-economics. Upon getting his first job, he moved to the United States and enrolled in a master’s program. In 1986, he graduated with a master’s in business administration from Southern Illinois University.
Upon completion of his undergraduate studies, Eswaran did a variety of odd jobs in Europe. A year later, he got a job in binary marketing. Eswaran worked as a multilevel marketer on a part-time basis while pursuing his post-graduate studies. He also worked for Synaptics, a company that deals in manufacturing of computer hardware components. After graduating from Southern Illinois University, he migrated back to his home country and took up a job at Cosway Group.
In 1998, he established QI Group, a multi-level marketing company. QI Group is an e-commerce business entity that strives to offer its clients affordable quality products. This company has branches in Malaysia, Singapore, Thailand, and Hong Kong.
This year, Eswaran was recognized and awarded “Lifetime Achievement Award in Global Entrepreneurship.” He received his award at the annual 8th Chinese Economic Summit hosted by Melaka State Government. Other than being recognized as one of the richest men, he has also received awards for his charitable acts. About four years ago, he was awarded the New Global Indian Ocean award for philanthropy and excellence.
Eswaran is involved in a variety of charity activities. Vijayaratnam Foundation and the RHYTHM Foundation are the organizations that manage his philanthropic works. Eswaran’s wife, Umayal Eswaran, heads Vijayaratnam Foundation while QI Group manages the RHYTHM Foundation.