Lachhman Das Mittal

Lachhman Das Mittal

Lachhman Das Mittal (#974)

Global Rank #974
Country Rank #47
Country India

I can convince anyone to purchase my tractors.

  • $ 4 B
  • Tractors
  • India
  • M
  • 95 Years

Snapshot

Quick Facts

Global Rank #974
Country Rank #47
Net Worth $4.3B
Previous Worth $4.3B
Worth Change +$0.0B
Country India
Industry Tractors
Age 95 Years
Gender M
Worth As Of May 4, 2026
Residence Delhi, India
Citizenship India
World Billionaires List India Billionaires Tractors

Profile Data

Personal Stats

Age 95
Source Of Wealth Tractors
Residence Delhi, India
Citizenship India
Marital Status Widowed
Children 5
Education Bachelor of Arts/Science, Punjab University; Master of Arts, Punjab University
Net Worth Change +$0.0B +0.0% from previous worth
Previous Net Worth $4.3B
Current Net Worth $4.3B

Worth as of May 4, 2026

About Me

Lachhman Das Mittal started his business career in 1990 at age 60 after retiring from the state-owned Life Insurance Corporation of India. Today his Sonalika Group is India's third-largest tractor maker by market share. Japanese firm Yanmar has a 30% stake in his tractor outfit International Tractors. Mittal has handed over operations to his sons Amrit Sagar and Deepak and grandsons Raman, Sushant and Rahul, but remains keenly interested in the business.

Achievements

Forbes List Highlights

A snapshot of the list placements and rankings connected to Lachhman Das Mittal.

#749
Billionaires (2026)
#60
India's Richest (2025)

Insights

Did You Know?

Sonalika, which means "lines of gold" in Hindi, was named after a wheat seed that fueled India's Green Revolution.

His daughter Usha Sangwan was the first woman managing director of the Life Insurance Corporation of India, the state-owned life insurer. She has since retired.

Wealth Growth

Net Worth Growth Over Time

Tracking Lachhman Das Mittal's net worth journey over the years, highlighting key growth phases and financial milestones.

Worth Trend Net Worth Growth
Period Change Worth Movement
Current Net Worth: $4.3B (May 4, 2026)

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