Rama Prasad Goenka

About Rama Prasad Goenka

Birth Day: March 01, 1930
Birth Place: India
Died On: 14 April 2013(2013-04-14) (aged 83)\nKolkata, West Bengal, India
Birth Sign: Aries
Alma mater: Presidency College, Kolkata Harvard University
Occupation: Industrialist, Founder, Chairman Emeritus RPG Group
Children: Harsh Goenka Sanjiv Goenka

Rama Prasad Goenka Net Worth

Rama Prasad Goenka was bornon March 01, 1930 in India. Chairman emeritus of RPG Enterprises, a conglomerate with interests in power, tea, tyres, and software. Biggest holdings are power generation company CESC and power transmission unit KEC International. Group's Philips Carbon Black reportedly bidding for the carbon black unit of Germany's Evonok Industries. Patriarch has divided empire between his two sons Harsh and Sanjiv, but continues to run plantations company Harrisons Malayalam, which produces tea, rubber and pepper. Harsh is a collector of contemporary Indian art.
Rama Prasad Goenka is a member of Diversified

💰 Net worth: $1.3 Billion

2010 $1.3 Billion
2011 $1.3 Billion
2018 $1.3 Billion

Biography/Timeline

1970

The Goenka family belongs to the Marwadi community of money-lenders and tradesmen, and hails originally from Rajasthan in western India. As early as the 19th century, an enterprising member of the family, Ramdutt Goenka, set up base in Kolkata, which was then the capital of India, and a major commercial hub of the British Empire. The family prospered in its traditional vocations of money-lending and trade. It was in the 1970s that Rama Prasad Goenka (b.1930) leveraged the family's wealth to take over a variety of industries and corporates and thus create a ready-made Business conglomerate. Many of these corporates were stressed due to the socialistic policies and the "License Raj" then prevalent in India, and others were marked by the disagreements within the families of their owners. In a series of takeovers, RPG acquired such companies relatively cheap and used his financial resources and Business acumen to make them viable. In this way, by the end of the 20th century, RPG had cobbled together a significant Business empire. The Goenka Business empire is remarkable for two things: firstly, the fact that none of their major ventures were founded by them, all being take-overs; and secondly, the resultant diversity and incoherence of these companies.

1980

Through a series of mergers and acquisitions including the likes of Dunlop India and CESC in 1980, CEAT Tyres in 1982, RPG Life Sciences (then Searle India) and KEC International in 1985, the Gramophone Co. of India (now Saregama) in 1986, Spencers and Harrisons Malayalam in 1988, Bayer India, Firstsource Solutions Limited in 2012 and many more, R. P. Goenka came to be known as the 'takeover king' in his heyday.

2013

Goenka died on 14 April 2013 in Kolkata. He had two sons, elder Harshvardhan and younger Sanjiv.