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Radhakishan Damani Snapshot

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Radhakishan Damani

Radhakishan Damani

Founder

Birthdate

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Organization

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Investor Type

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Social Links

Birth & Early Life

  • Radhakishan Damani is an Indian billionaire businessman and the founder of DMart, a leading retail chain in India. Known as the "Retail King," he has a net worth of $15.5 billion (₹165,437.7 crore) as of December 2024.

  • As of December 2024, Radhakishan Damani’s net worth is estimated at $15.5 billion (₹165,437.7 crore). His wealth primarily comes from DMart and his strategic investments in the stock market.

  • Damani has made significant real estate investments, including a ₹1,001 crore bungalow in Mumbai’s Malabar Hill and 28 luxury apartments in Mumbai for ₹1,238 crore. These purchases are among the most expensive residential transactions in India.

  • Damani’s investment portfolio includes stocks like Avenue Supermarts (DMart), Trent Ltd, and United Breweries. His portfolio is valued at over ₹173,167.7 crore, showcasing his expertise in value investing and long-term growth strategies.

  • Damani studied commerce at the University of Mumbai but dropped out after one year to join his father’s ball-bearing business. He later transitioned to stock market investing, which laid the foundation for his entrepreneurial success.

  • Through DMart, Damani revolutionized India’s retail sector by offering affordable products and efficient operations. DMart’s success has made it one of the most trusted retail chains in the country, contributing significantly to India’s organized retail growth.​​​

Physical Status

Male

Education

Institute
Degree
Duration
University of Mumbai
Commerce
1 year

careers

Position
Company
Year
Stock Market Broker, Investor
Self-employed
1990s
Significant Shareholder
1995
Franchise Operator
Apna Bazaar
1999
Founder
DMart
2002
Founder & Chairman
DMart
2010
Business Magnate, Billionaire
DMart
2020
Business Magnate, Billionaire
DMart
2022

Personal Details

Married

Events


Radhakishan Damani Investments

Total no. of Investment

14

Radhakishan Damani has made 14 investments.

DateCompanySectorRoundInvestmentsCo-Investors
RetailSecondary ₹ 1992 Cr
ManufacturingSecondary -
HospitalitySecondary -
EducationSecondary ₹ 540 Cr
UtilitiesSecondary ₹ 25 Cr
LogisticsSecondary ₹ 36 Cr
CementSecondary ₹ 29 Cr
FinanceSecondary ₹ 212 Cr
BeveragesSecondary ₹ 1190 Cr
ChemicalsSecondary ₹ 1157 Cr
RetailSecondary ₹ 626 Cr
FinanceSecondary ₹ 6 Cr
TelecommunicationsSecondary ₹ 198982 Cr
HealthcareSecondary ₹ 102 Cr

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