Radhakishan Damani
Mumbai, India
India
investments, retail, Self Made
$11,400,000,000
122
#122 Billionaires 2019
#11 India's Richest 2018
Veteran Mumbai investor Radhakishan Damani became India's retail king after the March 2017 IPO of his supermarket chain DMart.Damani got into retailing in 2002 with one store in suburban Mumbai and has been unstoppable since.Damani also holds stakes in a range of companies, from tobacco firm VST industries to beer maker United Breweries.His property portfolio includes the 156-room Radisson Blu Resort in Alibag, a popular beach-front getaway close to Mumbai.
Damani was a mentor to billionaire investor Rakesh Jhunjhunwala. Low profile Damani rarely makes appearances at public events and avoids speaking to the press.
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