CR Rao’s Net Worth, Wife, Children, Career And Awards

CR Rao's Net Worth, Wife, Children, Career And Awards

Following the sad news of his passing in Buffalo, America, due to illness yesterday, C. R. Rao’s life story remains a source of inspiration. Born on September 10, 1920, in Hadagali, India, he lived through many years and experiences. This article takes a closer look at C.R Rao’s net worth, Wife, children, and Awards.

What is CR Rao’s Net worth?

CR Rao’s net worth as of 2023 ranges between $1 million and $5 million. His financial standing has seen significant growth, with estimates that Hailing from India, C. R. Rao’s income primarily stems from his successful career, although specific salary details for this year are still under review. CR Rao’s net worth is an intriguing topic, especially given his age of 102

While Forbes is the usual go-to for net worth verification, in this case, other sources have stepped in to estimate his financial status using alternative indicators, as official information is pending. Even though the exact figures are yet to be confirmed, the estimates from various sources shed light on the impressive financial journey of this esteemed individual.

CR Rao's Net Worth, Wife, Children, Career And Awards
What is CR Rao’s Net worth?

Who is CR Rao’s Wife?

CR Rao was married to Smt. Bhargavi, a childhood friend, on September 9, 1948. They shared two children, Tejaswini and Veerendra.They defied traditional norms, with Bhargavi insisting on an education despite societal expectations for girls at the time

Bhargavi defied societal norms by pursuing education and earning degrees from the University of Madras and Benaras Hindi University. Despite challenges, their marriage was arranged by Rao’s mother, who recognized the value of an educated partner.

The couple moved to Williamsville in 2006 when Rao joined the University at Buffalo. Their strong bond endured, with their daughter Tejaswini noting their deep affection for each other throughout their lives.

Rao with his wife Bhargavi during their stay in UIUC, as a visiting professor of Mathematical Statistics in 1954 C.R. Rao (Image Credit:Bhavana Mathematics Magazine)
Rao with his wife Bhargavi during their stay in UIUC, as a visiting professor of Mathematical Statistics in 1954 C.R. Rao (Image Credit:Bhavana Mathematics Magazine)

CR Rao’s children

CR Rao has two children, a daughter and son, namely Tejaswini and Veerendra, respectively. Tejaswini is a distinguished Indian classical dancer specializing in Kuchipudi. Not only does she run a dance school, but she also holds a Ph.D. in nutrition and serves as a Professor at SUNY, Buffalo. Veerendra’s journey, although not extensively mentioned, adds to Rao’s familial legacy.

The influence of their accomplished father can be seen in the paths they have chosen and the impact they make in their respective fields as metioned by the daughter who said even though the father had a very busy schedule, he made sure he was there for her and shaping them in their chosen career and encouraging their holistc growth through out.

CR Rao's Net Worth, Wife, Children, Career And Awards
CR Rao’s children

CR Rao’s Areas of Research Contributions

CR Rao’s research contributions have left an indelible mark on a wide spectrum of fields. His expertise spans estimation theory, where he pioneered advancements in the precise estimation of unknown parameters. In statistical inference and linear models, he made groundbreaking strides, revolutionizing how we draw meaningful conclusions from data.

Multivariate analysis, another domain he delved into, explores relationships and patterns within multiple variables simultaneously, enhancing our understanding of complex systems. Rao’s influence extended to combinatorial design and orthogonal arrays, essential tools for optimizing experiments and surveys efficiently. Moreover, he contributed significantly to biometry, a field bridging biology and statistics, and to statistical genetics, which illuminates the genetic basis of complex traits.

His research also touched on generalized matrix inverses and functional equations, showcasing his versatility in diverse mathematical arenas. CR Rao’s remarkable contributions have enriched these areas, propelling them forward and shaping the way we analyze and interpret data in countless practical applications.

Awards and Medals won by CR Rao

CR Rao’s remarkable contributions to the field of statistics were met with a lot of prestigious awards and medals. These accolades spanned across the globe, recognizing his profound impact. His honors and medals include:

  1. Guy Medal in Gold (2011) of the Royal Statistical Society
  2. India Science Award 2010 (the highest award in a scientific field presented by the government of India)
  3. International Mahalanobis Prize (2003) of the International Statistical Institute
  4. Srinivasa Ramanujan Medal (2003) of the Indian National Science Academy
  5. Sardar Patel Lifetime Achievement International Award (Sardar Ratna) (2014) by Sardar Patel International Foundation, India
  6. National Medal of Science by President George W. Bush (2002) – the highest award in the US scientific field
  7. Padma Vibhushan (2001) by the Government of India
  8. Mahalanobis Centenary Gold Medal (1993?) of the Indian Science Congress
  9. Wilks Memorial Award (1989) of the American Statistical Association
  10. Padma Bhushan (1968)
  11. Meghnad Saha Medal (1969) of the Indian National Science Academy
  12. Guy Medal in Silver (1965) of the Royal Statistical Society
  13. S. S. Bhatnagar Award (1963) of the Council of Scientific and Industrial Research
  14. JC Bose Gold Medal of the Bose Institute
  15. Gold Medal of the University of Calcutta
  16. Honorary Doctor of Science by the University of Calcutta (2003)
  17. Honorary doctorates from various universities and institutes around the world
  18. 2023 International Prize in Statistics
CR Rao receiving Padma Vibhushan in 2001 from K.R. Narayanan (Image Credit: Bhavana Mathematics Magazine)
CR Rao receiving Padma Vibhushan in 2001 from K.R. Narayanan (Image Credit: Bhavana Mathematics Magazine)

CR Rao’s career

C. R. Rao’s remarkable career journey spans across various prestigious institutions and significant contributions to the field of statistics. Starting at the Indian Statistical Institute and the Anthropological Museum in Cambridge, he went on to hold numerous influential roles. He directed the Indian Statistical Institute, held prestigious professorships in India and the United States, and played pivotal roles at universities like the University of Pittsburgh and Pennsylvania State University.

Notably, Rao’s leadership at the Research and Training School at the Indian Statistical Institute for over 40 years cultivated research and training programs, fostering the growth of emerging mathematical leaders. His recommendations led to the establishment of the Statistical Institute for Asia and Pacific in Tokyo, aimed at training statisticians in governmental and industrial sectors.

CR Rao's Net Worth, Wife, Children, Career And Awards

Throughout his career, Rao made significant discoveries, such as the Cramér–Rao bound and the Rao–Blackwell theorem, both pivotal in the realm of estimator quality. His influence extended to areas like multivariate analysis, estimation theory, and differential geometry. He authored numerous publications, including 14 books and over 400 journal articles.

Recognized on a global scale, Rao earned a staggering 38 honorary doctoral degrees from universities in 19 countries. He garnered awards like the United States National Medal of Science, India Science Award, and even a Nobel Peace Prize nomination for his contributions.

CR Rao's Net Worth, Wife, Children, Career And Awards

As the President of esteemed organizations like the International Statistical Institute and the Institute of Mathematical Statistics, Rao’s impact shone throughout the academic and professional realms, solidifying his position as a true legend in the world of statistics.

Related article: CR Rao’s Death: How Did Mathematical Statistician Die? All The details

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