Radhakishan Damani

Radhakishan S. Damani is an Indian billionaire investor and businessman who founded DMart. He is the proprietor of Avenue Supermarts, a Mumbai-based low-cost consumer goods business. It made $3.2 billion in the fiscal year that ended March 31, 2021.

Radhakishan Damani is the fifth richest Indian and the world's 86th richest person, according to Forbes, with a net worth of $20 billion. He became India's retail king after the IPO of his supermarket company, Avenue Supermart, in March 2017. Damani started his retail career on the outskirts of Mumbai in 2002 with a single store. His company presently has 221 DMart stores across the United States. He is also a shareholder in a variety of companies, including VST Industries, a tobacco firm, and India Cements, a cement company. His portfolio includes the 156-room Radisson Blu Resort in Alibag, a famed beachfront getaway near Mumbai.

Net worth: $20 Billion

Source of wealth: Retail, Investments

City: Mumbai