Radhakishan Damani, the country’s best-known investor and entrepreneur, is now among the world’s 100 richest billionaires. According to the Bloomberg Billionaire Index, Radhakishan Damani’s fortune is $ 19.3 billion or Rs 1.42 trillion. In terms of wealth, Damani ranks 97th in the list of world’s richest people. Let us tell you here that besides Damani, five other Indian billionaires have been included in the top 100 rich list. These five billionaires are Mukesh Ambani, Gautam Adani, Azim Premji, Shiv Nader and Lakshmi Mittal.
Who is Radhakishan Damani: D-Mart dominates the retail market. D-Mart’s parent company Avenue Supermarts Limited (ASL) and Radhakishan Damani are the founders of the company. Damani opened his first D-Mart store in Mumbai in 2002. D-Mart today has 238 stores in Maharashtra, Gujarat, Andhra Pradesh, Madhya Pradesh, Karnataka, Telangana, Chhattisgarh, NCR, Tamil Nadu, Punjab and Rajasthan. In 2017, D-Mart’s parent company, Avenue Supermarts Limited, was listed on the stock exchange.
Tamani is often referred to as ‘Mr. White and White’ because he is in white clothes. Damani, who entered the stock market in the eighties with a price tag of Rs 5000, has been recognized as an agile investor in the Indian stock market. One of the specialties of Damani is that he has been left out of the media headlines.
Another company is coming up with an IPO that investors get a chance to earn
1 Billion Bungalow: In April, Damani had bought a bungalow worth Rs 1001 crore in Malabar Hills. This is the most expensive bungalow ever purchased. This property of Damani is located in South Mumbai.