#307 Billionaire
Kuldip Singh & Gurbachan Singh Dhingra
$7.7B
+$22M
(+0.3%)
IN
Source of wealth: paints
Industry: manufacturing
Residence: Delhi, IN
{
"bio": [
"Siblings Kuldip Singh (left) and Gurbachan Singh Dhingra control Berger Paints India, the country's second-largest paint maker.",
"In 1991 they bought Berger Paints, then the country's smallest paint maker, from liquor tycoon Vijay Mallya.",
"Apart from India, Berger has a presence in Bangladesh, Nepal, Poland and Russia.",
"Two of their children sit on Berger's board and are being groomed to succeed."
],
"about": [
"The family's paint business goes back to their grandfather and great-grandfather, who started a paint shop in 1898 in Amritsar, Punjab.",
"They have a joint venture with Japan's Nippon Paint, a company controlled by Singapore billionaire Goh Cheng Liang."
]
}
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