Prafulla Chandra Ray Net Worth

. Prafulla Chandra Ray was an Indian scientist and chemist who is known as the "Father of Indian Pharmaceuticals". He was born in Khulna, India in 1861 and received education at some of the premier educational institutes in the country. He pursued higher education from the University of Edinburgh and returned to India to teach at the Presidency College. During his tenure, he discovered the compound mercurous nitrite and founded the chemical manufacturing company Bengal Chemicals and Pharmaceuticals Works Ltd. He was associated with the Sadharan Brahmo Samaj and was nominated President of the division. He is remembered through institutions named after him such as the Acharya Prafulla Chandra College, Prafulla Chandra College in Calcutta, and the Bagerhat P.C College of Bangladesh.
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Age, Biography and Wiki

Who is it? Chemist
Birth Day August 02, 1861
Birth Place Khulna, Indian
Age 158 YEARS OLD
Died On 16 June 1944(1944-06-16) (aged 82)\nCalcutta, Bengal Presidency, British India (now India)
Birth Sign Virgo
Alma mater Metropolitan Institution Presidency College University of Calcutta University of Edinburgh
Fields Chemistry
Notable students Satyendranath Bose Meghnad Saha Jnanendra Nath Mukherjee Jnan Chandra Ghosh Asima Chatterjee

💰 Net worth

Prafulla Chandra Ray, renowned as an eminent Chemist in India, is projected to have a net worth ranging from $100K to $1M by 2024. Recognized for his groundbreaking contributions to the field of chemistry, Ray's net worth attests to his significant achievements and valuable contributions. As the founder of the first indigenous pharmaceutical company in India, Bengal Chemicals and Pharmaceuticals, he established a legacy that revolutionized the pharmaceutical industry in the country. Ray's innovative research and entrepreneurial accomplishments have undoubtedly culminated in his noteworthy financial success.

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Biography/Timeline

1870

Ray was born in Raruli-Katipara, a village in the Khulna District of present-day Bangladesh. His Father Harish Chandra Ray was a land proprietor. Up to the age of nine, Prafulla Chandra studied in a school in his village. In 1870 his family migrated to Calcutta and Ray and his elder brother were admitted to Hare School. In 1874, while Ray was in the fourth standard, he suffered from a severe attack of dysentery, which hampered his health throughout his life. Due to the severity of the attack, Ray had to postpone his studies for a couple of years and return to his ancestral home in the village. However Ray himself considered this disruption in his studies as a blessing in disguise as it allowed him to read much more widely than what would have been possible within the constraints of school curricula. Amongst others, he read Lethbridge's 'Selections from Modern English Literature' and Goldsmith's Vicar of Wakefield. After recovering from his illness, Ray returned to Calcutta and took admission in Albert School.

1879

In 1879 he passed the Entrance Examination and took admission into the Metropolitan Institution (later Vidyasagar College) which was established by Pandit Ishwar Chandra Vidyasagar. At that time the Metropolitan Institution had no science classes or laboratories and Ray attended lectures on physics and chemistry in the Presidency College as an external student. Here he was specially attracted by the chemistry courses of professor Alexander Pedler. While studying for his BA examination, he applied for and was awarded in 1882 one of the two Gilchrist Prize Scholarships after an all-India competitive examination. Without completing the course for his degree, Prafulla Chandra proceeded to Britain and enrolled in the BSc programme of University of Edinburgh where he studied physics, chemistry and biology amongst other subjects. But Ray did not confine his studies to only natural sciences. He also developed a strong interest in history and read books like Rousselet's L'Inde des Rajas, Lanoye's L'Inde contemporaine, Revue dex deux moneds. He also read Fawcett's book on political economy and Essays on Indian Finance. After obtaining his BSc degree from the University of Edinburgh, Ray embarked on his doctoral thesis (DSc) in the same university and completed his doctorate in 1887. He was awarded the Hope Prize which allowed him to work on his research for a further period of one year after completion of his doctorate. His thesis title was "Conjugated Sulphates of the Copper-magnesium Group: A Study of Isomorphous Mixtures and Molecular Combinations". While a student he was elected Vice-President of the University of Edinburgh Chemical Society in 1888.

1887

He earned his D.Sc. at the University of Edinburgh in 1887. In 1908 the University of Calcutta awarded him an honorary Doctor of Philosophy degree. He received an honorary D.Sc. degree from Durham University in 1912, and another from Dacca University (now Dhaka University) in 1936.

1888

Prafulla Chandra returned to India in the first week of August 1888 and subsequently joined Presidency College, Calcutta as temporary Assistant Professor of Chemistry in 1889. Ray who had a doctorate in science from the University of Edinburgh felt deeply aggrieved when even with his excellent educational credentials he was not able to secure a position within the Imperial Service (his academic position was within the 'provincial service') and attributed this to the discriminatory attitude of the ruling government towards native intelligentsia. He complained to the top officials of the government but with no effect.

1896

In 1896, he published a paper on preparation of a new stable chemical compound: mercurous nitrite. This work made way for a large number of investigative papers on nitrites and hyponitrites of different metals, and on nitrites of ammonia and organic amines. He started a new Indian School of Chemistry in 1924.

1902

In 1902, he published the first volume of A History of Hindu Chemistry from the Earliest Times to the Middle of Sixteenth Century. The second volume was published in 1909. The work was result of many years' search through ancient Sanskrit manuscripts and through works of orientalists.

1916

Prafulla Chandra retired from the Presidency College in 1916, and joined the Calcutta University College of Science (also known as Rajabazar Science College) as its first "Palit Professor of Chemistry", a chair named after Taraknath Palit. Here also he got a dedicated team and he started working on compounds of gold, platinum, iridium etc. with mercaptyl radicals and organic sulphides. A number of papers were published on this work in the Journal of the Indian Chemical Society.

1920

He had written 107 papers in all branches of Chemistry by 1920.

1922

He donated money regularly towards welfare of Sadharan Brahmo Samaj, Brahmo Girls' School and Indian Chemical Society. In 1922, he donated money to establish Nagarjuna Prize to be awarded for the best work in chemistry. In 1937, another award, named after Ashutosh Mukherjee, to be awarded for the best work in zoology or botany, was established from his donation.

1923

In 1923, Northern Bengal suffered a flood which made millions of people homeless and hungry. Prafulla Chandra organised Bengal Relief Committee, which collected nearly 2.5 million rupees in cash and kind and distributed it in the affected area in an organised manner.

1932

He contributed articles in Bengali to many monthly magazines, particularly on scientific topics. He published the first volume of his autobiography Life and Experience of a Bengali Chemist in 1932, and dedicated it to the youth of India. The second volume of this work was issued in 1935.

1936

In 1936, at the age of 75, he retired from active Service and became Professor Emeritus. Long before that, on the completion of his 60th year in 1921, he made a free gift of his entire salary to the Calcutta University from that date onward, to be spent for the furtherance of chemical research, and the development of the Department of Chemistry in the University College of Science.

2013

Acharya Prafulla Chandra College, Prafulla Chandra College, Acharya Prafulla Chandra High School For Boys, and Acharya Prafulla Chandra Ray Polytechnic in Kolkata commemorate his name, as does the Government P. C. College in Bagerhat, Khulna division, Bangladesh, and the Ray–Dutt twist.