Radhakishan Damani is the founder of DMart and a billionaire investor with a net worth of $15.5 billion (₹165,437.7 crore) as of December 2024.

• Offering competitive prices through bulk purchasing and efficient supply chain management.
• Targeting middle-income customers and their everyday needs.
• Maintaining a low-debt, high-cash-flow operational model.

He has revolutionised the retail industry in India with DMart, inspired countless investors with his disciplined approach to stock market investments, and set an example of how simplicity and focus can lead to monumental success.

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Radhakishan Damani’s net worth is $15.5 billion (₹165,437.7 crore), primarily from DMart and his stock market investments.

Radhakishan Damani quit the stock market in 2000 to start DMart, a hypermarket chain. The company grew rapidly, went public in 2017, and made him the fourth-richest Indian with a net worth of $16.5 billion in 2020.

Radhakishan Damani and his brother Gopikishan Damani purchased a ₹1001 crore property in Mumbai, one of the most expensive real estate deals in India, paying a significant stamp duty for the transaction.

No, DMart is owned by Radhakishan Damani's Avenue Supermarts Limited (ASL), not by Adani.

DMart was founded by Radhakishan Damani to offer quality products at affordable prices, revolutionizing retail in India with its customer-centric approach and efficient operations.

As of September 2024, DMart's net assets were ₹208.67 billion, reflecting its strong growth and market presence.

Damani owns a ₹1,001 crore bungalow in Malabar Hill and 28 luxury apartments in Mumbai worth ₹1,238 crore.

Radhakishan Damani focuses on long-term growth, investing in high-conviction stocks with strong fundamentals. His portfolio is concentrated in quality companies like DMart, VST Industries, and India Cements, while diversifying across retail, finance, hospitality, and education sectors to manage risk.