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2006, Forbes list #645 Amar Bose Net Worth: 1.2 Dr. Amar G. Bose (BIO) Bose Corporation was founded in 1964 by Dr. Amar G. Bose, then professor of electrical engineering at the Massachusetts Institute of Technology. As an MIT grad student in the 1950s, Dr. Bose decided to purchase a new stereo system. He was disappointed to find that speakers with impressive technical specifications failed to reproduce the realism of a live performance.
The quest for better sound was on. Extensive research in the fields of speaker design and psychoacoustics—the human perception of sound—led to the groundbreaking 901® Direct/Reflecting® speaker system in 1968. Its unprecedented approach to sound reproduction came much closer to the essence and emotional impact of live music, and won immediate acclaim. The list of major Bose innovations continues to grow. Fourteen years of research led to the development of acoustic waveguide speaker technology, found in our award-winning Wave® radio, Wave® music system and Acoustic Wave® music systems. Acoustimass® speaker technology reshaped conventional thinking about the relationship between speaker size and sound, enabling palm-sized speakers to produce audio quality previously thought impossible from speakers so small. Auditioner® audio demonstrator technology removed the guesswork from sound system design for arenas and other large venues. It allows builders, architects and facility managers to hear precisely what a Bose® system will sound like in their building, before any equipment is installed, even if the building only exists as a blueprint. Bose Lifestyle® systems provided a welcome alternative to conventional component-based systems by offering fully integrated home entertainment solutions. Lifestyle® systems deliver award-winning performance and elegance from elements specifically engineered to work together. The systems approach has paved the way for numerous Bose solutions, audio and beyond. Integrated systems account for the acclaimed performance of Bose automotive sound systems and Acoustic Noise Cancelling® headsets. The revolutionary Bose suspension system and ElectroForce® linear motion system rely on proprietary Bose software and hardware working together in harmony. All feature technologies available only from Bose. Today, you can find Bose wherever quality sound is important. From the Olympic games to the Sistine Chapel. From NASA space shuttles to the Japan National Theatre. In the home and on the road, from large outdoor arenas to intimate neighborhood stores, restaurants and clubs, you can hear the realism of the most respected name in sound—Bose. Richest Bengali NRI, Mr. Amar
Gopal Bose If you want the best speakers — be it for a concert hall, car, aircraft, your home, or even for military combat vehicle drivers to cut out noise of battlefields — all you have to do is to pick up a Bose! He was the winner of ET Awards for Corporate Excellence in ’03, and he is also called the minister of sound. Amar Gopal Bose’s name spells quality in acoustics. After all, Amar Gopal Bose has spent his lifetime innovating and patenting sound technology. That his personal net worth is estimated at $700m or ranked 364 in the list of 400 richest Americans may be just incidental. Because the eponymous company he runs — Bose Corporation — likes to say that `research fuels superior technology, and superior technology leads to superior performance.’ Little wonder then that Bose Corporation supports research by investing 100% of profits back into the company. That is big bucks for a company which notches a sales turnover of $1.6bn Mr Bose has indeed come a long way from the days when his father fled Calcutta for having got involved in the freedom struggle. And young Amar honed his engineering skills in repairing discarded toy engines simply because he could not afford to buy one. Now, of course, the man who figures on the Forbes list of rich Americans can buy railroads if he wants to. But then he would rather prefer to have perfect music played in them through Bose speakers.
Inventor of Bose speaker
technology
He went on to study Electrical Engineering at MIT. After completing his Ph.D. from MIT, he started doing research on speaker technology in 1956. Actually it started while doing graduate work at MIT in the 1950s, Dr. Bose decided to purchase a new stereo system. He was disappointed to find that speakers with impressive technical specifications failed to reproduce the realism of a live performance. He aimed to design a speaker that would emulate the symphony hall experience in the home. His speaker system was one of the first to make use of sound reflecting off walls and the ceiling. In 1964 he founded Bose Corporation when he was teaching at MIT and the rest is history. In the initial years, sometimes Bose did not pay himself a salary and worked at night. Currently Bose Corporation employs around 6,000 people and is a pioneering name in audio speaker technology. The word Bose has become a symbol for quality and technical innovations in the world of audio systems. Oct, 2001
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Called the minister of sound-Founder of the Bose Corporation, one of the world's biggest makers of auto and home speakers |
