Radhakishan Damani Net Worth 2024: Career, Income, Assets

Radhakishan Damani Net Worth is $19.2 Billion. Radhakishan Damani is a business tycoon of India and the 4th richest person in India as well. He has spent most of his early days in the stock market where he has learned and earned a lot. Radhakishan Damani is also known as the founder and chairman of DMart. He wasn’t that rich and prosperous from the beginning, as his father used to work in Mumbai’s famous Dalal Street. After the death of his father, Radhakishan Damani also started working in stock trading and investment. After the scam of Harshad Mehta, his wealth increased many folds and he became extremely successful in stock market.

Biography and Early Life

Radhakishan Damani was born and raised in a not so wealthy environment. He was born in Bikaner, Rajasthan, where he used to live with his family and siblings. Later they shifted to Mumbai, where his father used to work in Dalal Street. After the death of his father, Radhakishan Damani left his studies and started following the line of the stock market. He started short selling stocks which made him very successful, specially after the scam of Harshad Mehta came into limelight.

Radhakishan Damani Net Worth

Radhakishan Damani has a net worth of $19.2 billion (Rs 1.42 Lakh Crore Indian Rupees) which is a massive figure. He has made an enormous success in very less time from stock market. Although he left stock market in 2000, but his business never stopped. Radhakishan Damani also has investment in many companies like, VST industries, India Cements, etc.

Radhakishan Damani Assets

Cars: Well, there isn’t a lot of knowledge available about the car collection of Radhakishan Damani. However we do know that he has cars like, Audi, BMW and Rolls Royce in his collection.

House: Radhakishan Damani lives a 1,000 crore INR house in Mumbai. He also has a resort in Alibag and many other properties in and out of India is well.

Who is in the list of world’s top rich

Other Indians in the top 100 are Mukesh Ambani, Gautam Adani, Azim Premji, Pallonji Mistry, Shiv Nadar, Lakshmi Mittal. Damani was raised in a Marwari family in a one-room apartment in Mumbai. He studied commerce at the University of Mumbai, but dropped out after a year. After the death of his father who worked on Dalal Street, Damani left his ball bearing business and became a stock market broker and investor.

Education

There isn’t a lot of details available about the education of Radhakishan Damani. He has spent most of his childhood in poverty and so, he hasn’t shared a lot. There is no information available about his schooling, but we do know that, he went to University of Mumbai to do graduation. Although after the tragic death of his father, he left his studies of B.Com in 1^st year.

Professional Career

Radhakishan Damani was used to be a stock trader and investor in his early days. His father was also a broker of Dalal Street in Mumbai. After the death of his father, he became a broker and investor in the stock market of Mumbai. Very soon he gets used to all the things and he made huge amount of profit by short-selling stocks. He still thanks Harshad Mehta, as after his scam of 1992 became public, the wealth of Radhakishan Damani increased exponentially.

He is a phenomenal businessman is well. Radhakishan Damani founded the company named DMart in 2000, after quitting the stock market. Currently DMart has more than 234 stores and outlets all over India.

Personal Life

Radhakishan Damani is a family man. He lives with his wife and children in the a very luxurious house in Mumbai. Radhakishan Damani is married with Shrikantadevi Radhakishan Damani since a very long time. Although the exact date of their marriage is not known. They also have three children, all of them are woman’s. All of there children’s are adult and independent now.

Radhakishan Damani belongs from a not-so-rich Marwari family of Rajasthan. He has done a lot of hard work in his early days. He has seen a lot of struggles and hardships in his life.

Radhakishan Damani Girlfriend & Relationship

Radhakishan Damani is a very rich and famous personality of India. He is a married man, who is enjoying his life’s every moment with his family. He is married with Shrikantadevi Radhakishan Damani and he also had three daughters. They are living a very happy and prosperous life.

Awards

There isn’t a lot of knowledge available about his accolades and achievements. Although the whole world knows about his success. He is the fourth richest person of India with a massive net worth.

Conclusion

Radhakishan Damani is the most successful and famous personality of India. He is the most successful stock trader and investor to have ever appeared. He also taught Rakesh Jhunjhunwala about the stock market. He is a massive figure and a very acknowledged person. We really appreciate his work.

Frequently Asked Qustions

Recommended Articles

• Sachin Tendulkar Net worth
• Rafael Nadal Net worth
• Rajnikanth Net Worth
• Tom Cruise Net worth
• MS Dhoni Net Worth
• Sundar Pichai Net Worth