Radhakishan Damani Net Worth

Radhakishan Damani, born in Mumbai, India, is India's new retail king after the successful IPO of his supermarket chain D-Mart in March 2017. He has been in the retail business since 2002 and has a wide range of investments in companies such as VST Industries and India Cements. He also owns the Radisson Blu Resort in Alibag, a popular beach-front getaway close to Mumbai.
Radhakishan Damani is a member of Finance and Investments

Age, Biography and Wiki

Birth Place Mumbai, India, India
Type Public (BSE: 540376 NSE: DMART)
Industry Retailing
Founded 15th May 2002 (15th May 2002)
Founder Radhakishan Damani
Headquarters Mumbai, India
Number of locations 154
Area served India
Products Department store
Revenue $1.86 Billion (2016-2017)
Net income $74.64 million (2016-2017)
Parent Avenue Supermarts Limited (ASL)
Website www.dmartindia.com

💰 Net worth: $27.6 Billion (2024)

Radhakishan Damani, a renowned figure in the finance and investments sector in India, is estimated to have a staggering net worth of $27.6 billion in the year 2024. With exceptional business acumen and decades of experience, Damani has made significant strides in the Indian market, primarily through his contributions to the renowned retail chain, D-Mart. As the founder and promoter of D-Mart, Damani's entrepreneurial journey has been exceptional, earning him substantial wealth and recognition. His expertise in stock investments and shrewd decision-making has also played a pivotal role in his success, solidifying his position as one of the wealthiest individuals in the country.

Some Radhakishan Damani images

Biography/Timeline

2002

DMart is a chain of hypermarket and supermarkets in India founded by Mr. Radhakishan Damani in the year 2002. As of 2018, it has 154 stores spread across Maharashtra, Andhra Pradesh, Telangana, Gujarat, Madhya Pradesh, Chhattisgarh, Rajasthan, National Capital Region, Tamil Nadu, Karnataka and Punjab.

2017

As of 16 September 2017 the market capitalization of D Mart is close to ₹67,000 crore i.e. above US$10 Billion.