Satyanarayan Nuwal

Satyanarayan Nuwal (#494)

Global Rank #494

Country Rank #23

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 #494

Country Rank #23

Net Worth $7.7B

Previous Worth $7.4B

Worth Change +$0.3B

Country India

Industry Industrial explosives

Age 74 Years

Gender M

Worth As Of May 4, 2026

Residence Nagpur, India

Citizenship 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 +$0.3B +4.1% from previous worth

Previous Net Worth $7.4B

Current Net Worth $7.7B

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.

Achievements

Forbes List Highlights

A snapshot of the list placements and rankings connected to Satyanarayan Nuwal.

#720

Billionaires (2026)

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: $7.7B (May 4, 2026)