Published by : Sagar Patil
Published On : 20 Aug 2024
Published by : Sagar Patil
Published On : 20 Aug 2024
Current Net Worth As of August 2024, Radhakishan Damani's estimated net worth is approximately $23.7 billion according to the Bloomberg Billionaires Index, while Forbes estimates it at around $22 billion
Published by : Sagar Patil
Published On : 20 Aug 2024
Global and National Ranking Damani ranks as the 93rd richest person in the world and the 8th richest in India as of 2024, reflecting his substantial wealth and influence in the business sector
Published by : Sagar Patil
Published On : 20 Aug 2024
Investment Portfolio He has a diverse investment portfolio, publicly holding stakes in 14 companies, with a total estimated value of ₹178,572.4 crore (around $22 billion) as of 2023. His major investments include VST Industries and India Cements, among others
Published by : Sagar Patil
Published On : 20 Aug 2024
Growth in Wealth Damani's net worth has seen significant growth, increasing by approximately $5.49 billion from the previous year (2023), when it was reported at $15.3 billion. However, he recently experienced a decrease of about $549 million, a 2.64% drop in his net worth
Published by : Sagar Patil
Published On : 20 Aug 2024
Business Background After starting his career as a stock market broker, Damani transitioned to retail by founding DMart in 2002. His business model focuses on owning properties rather than leasing, which has contributed to the chain's rapid expansion and success in the Indian retail market