Satyanarayan Nuwal

Satyanarayan Nuwal

Satyanarayan Nuwal (#531)

Global Rank #531
Country Rank #24
Country India

Satyanarayan Nuwal is listed among the world billionaires tracked by Iconic Billionaires.

  • $ 8 B
  • Industrial explosives
  • India
  • M
  • 74 Years

Snapshot

Quick Facts

Global Rank #531
Country Rank #24
Net Worth $7.5B
Previous Worth $7.3B
Worth Change +$0.2B
Country India
Industry Industrial explosives
Age 74 Years
Gender M
Worth As Of May 4, 2026
Last Refreshed 24 Jul 2026, 12:00 AM
Residence Nagpur, India
World Billionaires List India Billionaires Industrial explosives

Profile Data

Personal Stats

Age 73
Source Of Wealth Industrial explosives, Self Made
Residence Nagpur, India
Citizenship India
Marital Status Married
Children 2
Net Worth Change +$0.2B +2.7% from previous worth
Previous Net Worth $7.3B
Current Net Worth $7.5B

Worth as of May 4, 2026

About Me

Satyanarayan Nuwal started Solar Industries India in 1995 to trade in industrial explosives then started manufacturing them. The biggest chunk of its annual revenue is from exports, followed by housing and infrastructure, state-owned coal companies and the defense sector. The son of a government employee, Nuwal set up his first business, an ink manufacturing unit in 1970 at age 18. It has 27 manufacturing locations across India and exports to more than 90 countries. Nuwal and his brother Kailashchandra, also a billionaire, have been embroiled in a feud since 2020.

Insights

Did You Know?

Nuwal tried his hand at several businesses before latching on to industrial explosives but they all failed.

He used to sleep at the railway station when he was broke.

Wealth Growth

Net Worth Growth Over Time

Tracking Satyanarayan Nuwal'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: $7.5B (May 4, 2026)

© Iconic Billionaires