Radhakishan Damani

Radhakishan Damani (#196)

Global Rank #196

Country Rank #9

Country India

Radhakishan Damani is listed among the world billionaires tracked by Iconic Billionaires.

$ 15 B
Retail, investments
India
M
71 Years

Snapshot

Quick Facts

Global Rank #196

Country Rank #9

Net Worth $15.3B

Previous Worth $15.2B

Worth Change +$0.1B

Country India

Industry Retail, investments

Age 71 Years

Gender M

Worth As Of May 4, 2026

Residence Mumbai, India

Citizenship India

World Billionaires List India Billionaires Retail, investments

Profile Data

Personal Stats

Age 71

Source Of Wealth Retail, investments, Self Made

Residence Mumbai, India

Citizenship India

Marital Status Married

Children 3

Net Worth Change +$0.1B +0.7% from previous worth

Previous Net Worth $15.2B

Current Net Worth $15.3B

Worth as of May 4, 2026

About Me

Veteran Mumbai investor Radhakishan Damani became India's retail king after the 2017 IPO of his supermarket chain Avenue Supermarts. Damani got into retailing in 2002 with one store in suburban Mumbai and has grown into a chain selling everything from grocery to apparel to footwear. Damani also holds stakes in a range of companies, such as tobacco firm VST industries. In June 2024, he and his younger brother sold their holding in India Cements to billionaire Kumar Birla. His property portfolio includes the 156-room Radisson Blu Resort in Alibag, a popular beachfront getaway close to Mumbai. Damani, together with his brother Gopikishan, who's also a billionaire, reportedly bought a house in south Mumbai in 2021 for more than $100 million.

Achievements

Forbes List Highlights

A snapshot of the list placements and rankings connected to Radhakishan Damani.

#185

Billionaires (2026)

Insights

Did You Know?

Damani was a mentor to late billionaire investor Rakesh Jhunjhunwala.

Low profile Damani rarely makes appearances at public events and avoids speaking to the press.

In 2023, he and his brother reportedly paid $155 million for 28 apartments in a luxury tower in mid-town Mumbai developed by fellow billionaire Vikas Oberoi.

Wealth Growth

Net Worth Growth Over Time

Tracking Radhakishan Damani'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: $15.3B (May 4, 2026)