Radhakishan Shivkishan Damani is an Indian billionaire businessman and investor born on 12 July 1955 in Bikaner, Rajasthan, India. He joined the University of Mumbai, majoring in commerce after completing basic schooling, but dropped out after one year.
Radhakishan Damani Net Worth
Based on Radhakishan Damani's asset valuation and historical growth trends, he has an estimated net worth of between $18 Billion to $25 Billion, which makes him a prominent figure in India's commerce ecosystem, who also holds strategic stakes in companies like VST Industries, India Cements, Trent, United Breweries, Blue Dart Express, and Metropolis Healthcare.
According to Forbes magazine, his 1.58% stake in the National Stock Exchange is valued at around ₹9,300 crore, making it his second-largest holding by value. As well as he also owns luxurious properties, including the Radisson Blu Resort in Alibag and a high-value residence on Altamount Road, Mumbai, reportedly purchased for over $100 million
Businesses Radhakishan Damani Have
Radhakishan Damani is a very successful investor and Indian business tycoon who started his hypermarket chain DMart in 2000, setting up the first store in Powai in 2002. In 2010, the chain had 25 stores, where his stake in the company was valued at over ₹2 lakh crore.
Radhakishan Damani, Lifestyle & Career
Radhakishan Damani was raised in a Maheshwari Marwari Hindu family in a single-room apartment in Mumbai. He became a stock market broker and investor and made profits by short-selling stocks in the 1990s.
Radhakishan Damani's Wife and Kids
Radhakishan Damani is married to Shrikantadevi Radhakishan Damani; the couple has three daughters named Manjri Damani Chandak, Jyoti Kabra, and Madhu Chandak.