| Sir Roger Bhatnagar | |
| Birth Name: | Rajeshwar Sarup Bhatnagar |
| Birth Date: | 26 October 1942 |
| Birth Place: | British Raj |
| Death Place: | Ellerslie, New Zealand |
| Nationality: | New Zealand |
| Occupation: | Businessman |
Sir Rajeshwar Sarup "Roger" Bhatnagar (26 October 1942 – 7 November 2022) was an Indian-born New Zealand businessman known for his association with the consumer electronics chain Noel Leeming.
Bhatnagar was born in India on 26 October 1942, and grew up in New Delhi.[1] In the 1960s he travelled the world, occasionally sleeping rough due to a shortage of money. He settled for a while in Canada, where he worked in electronics retail in British Columbia. He married a New Zealand-born woman in Canada, where he had a number of children.[2]
Bhatnagar migrated to New Zealand with his family from Canada in 1980.[3] [4] The same year he opened his first home audio store in central Auckland, and it quickly grew into the Sound Plus chain.[4] In 1991, he purchased the Noel Leeming chain, in receivership at that time, for around $3 million with his business associate, Greg Lancaster, from Smiths City. In 1993, Noel Leeming was listed on the New Zealand Stock Exchange with a market capitalisation of about $26 million and in 1995 the company was the subject of a failed $56 million takeover bid by Skellerup. The following year, Noel Leeming merged with competitor Bond & Bond to form Pacific Retail. In 1998, Bhatnagar stepped down as chairman and an executive director of Pacific Retail,[5] and he divested his interests in the company in 1999.[6]
In 1993, Bhatnagar was involved in setting up Burger King in New Zealand, but sold his 50 percent interest two years later.[5] He retired from active involvement in business in 2007.[7]
In 1997 Bhatnagar's wealth was estimated as $28 million.[8] Bhatnagar supported a number of charitable causes in New Zealand, including the New Zealand Breast Cancer Foundation, child cancer and diabetes.[9] In 1997, he donated $250,000 to the Breast Cancer Foundation.[10] In 2017, Bhatnagar's collection of cricket memorabilia was donated to Auckland Cricket, and it was put on permanent display at the Bert Sutcliffe Lounge at Eden Park.[11]
Bhatnagar died in the Auckland suburb of Ellerslie on 7 November 2022, aged 80.[2] [12] His death, at Summerset Heritage Park retirement village, followed a long illness and a stroke in 2009.[2] [1]
In the 1998 Queen's Birthday Honours, Bhatnagar was appointed a Knight Companion of the New Zealand Order of Merit, for services to business and the community,[13] becoming the first person of Indian descent to be knighted in New Zealand.[3]