#75 Billionaire
Radhakishan Damani & family
$23.2B
IN
· Age 71
Source of wealth: retail, investments
Industry: fashion-retail
Residence: Mumbai, IN
{
"bio": [
"Veteran Mumbai investor Radhakishan Damani became India's retail king after the March 2017 IPO of his supermarket chain Avenue Supermart.",
"Damani got into retailing in 2002 with one store in suburban Mumbai. Today he has 214 DMart stores across India.",
"Damani also holds stakes in a range of companies, from tobacco firm VST industries to cement producer India Cements.",
"His property portfolio includes the 156-room Radisson Blu Resort in Alibag, a popular beachfront getaway close to Mumbai."
],
"about": [
"Damani was a mentor to billionaire investor Rakesh Jhunjhunwala.",
"Low profile Damani rarely makes appearances at public events and avoids speaking to the press."
]
}
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