Radhakishan Damani: The Story Behind the Fortune
Radhakishan Damani is a reclusive value investor who founded the DMart supermarket chain, run by listed company Avenue Supermarts. He is widely regarded as a mentor figure among Indian investors.
Radhakishan Damani is a reclusive value investor who founded the DMart supermarket chain, run by listed company Avenue Supermarts. He is widely regarded as a mentor figure among Indian investors.
Radhakishan Damani built this fortune from the ground up — a self-made success in retail.
He studied at University of Mumbai (dropped out) and is based in Mumbai, India.
A few of the highlights on the public record: Founder of the DMart supermarket chain; Made his name first as a stock-market investor; Known for a notably private, low-profile lifestyle.
The fortune shows up across our lists, too: #3 on India's Billionaires (out of 7 tracked).
On net worth alone, the closest companies are Alice Walton ($106.95B) and Jim Walton ($60.81B) — a reminder of how tightly bunched the very top of the wealth list really is.
Today, Radhakishan is worth an estimated $17.62B — #34 in the world on our real-time list, a figure that moves with DMART.NS's share price.