Indian businessman and investor, Radhakishan Damani Net Worth is estimated to be $21.3 billion. Radhakishan Damani is an Indian business tycoon and the 4th richest person in India. He spent most of his early days in the stock market where he learned and earned a lot. Radhakishan Damani is also known as the founder and chairman of DMart.
He was not rich to begin with as his father used to work in Mumbai’s famous Dalal Street. After the death of his father, Radhakishan Damani also started working in the field of investment and stock trading. After Harshad Mehta’s scam, his wealth increased many times over and he became extremely successful in the stock market.
Radhakishan Damani was born and raised in a not very wealthy environment. He was born in Bikaner, Rajasthan, where he lived with his family and siblings. They later moved to Mumbai, where his father used to work in Dalal Street. After the death of his father, Radhakishan Damani left his studies and started following the path of the stock market. He started shorting stocks and this made him very successful, especially after the Harshad Mehta scam came to attention.
Radhakishan Damani Net Worth
Radhakishan Damani has a net worth of USD 21.3 billion (1.66 Lakh Crore Indian Rupees), which is a huge number. He has achieved immense success in a very short time from the stock market. Although he left the stock market in 2000, his business never stopped. Radhakishan Damani also has investments in many companies like VST Industries, India Cements, etc
| Name | Radhakishan Damani |
| Net worth (2024) | 21.3 billion USD |
| Net worth in Indian Rupees | 1.66 lakh crore |
| Job | businessmen |
| Monthly income | 82 million USD+ |
| Annual income | 1 billion USD+ |
| Last updated | 2024 |
Radhakishan Damani Property
Cars: Well, there is not much knowledge about Radhakishan Damani’s car collection. However, we know that he has cars like Audi, BMW and Rolls Royce in his collection.
House: Radhakishan Damani lives in a house worth INR 1,000 in Mumbai. He also has a resort in Alibag and many other properties in and outside India.
Who is on the list of the richest people in the world?
Other Indians in the top 100 are Mukesh Ambani, Gautam Adani, Azim Premji, Pallonji Mistry, Shiv Nadar and Lakshmi Mittal. Damani grew up in a Marwari family in a one-room apartment in Mumbai. He studied commerce at Mumbai University but dropped out after a year. After the death of his father, who worked on Dalal Street, Damani left the ball bearing business and became a stock market broker and investor.
Education
There are not many details about Radhakishan Damani’s educational background. He spent most of his childhood in poverty and because of that, he didn’t share much. There is no information about his studies, but we know that he went to Mumbai University for his graduation. Although after his father’s tragic death, he left his studies at B.Com in his first year.
Professional career
Radhakishan Damani was a stock trader and investor in its early days. His father was also a realtor in Dalal Street in Mumbai. After his father’s death, he became a broker and investor in the Mumbai stock exchange. Very quickly, he got used to things and he made huge profits by shorting stocks. He still thanks Harshad Mehta, because after his 1992 scam was exposed, Radhakishan Damani’s assets increased exponentially.
He is an extraordinary businessman. Radhakishan Damani founded a company called DMart in 2000, after leaving the stock market. Currently, DMart has more than 234 stores and agents across India.
Radhakishan Damani Net Worth
Personal life
Radhakishan Damani is a family man. He lives with his wife and children in a very luxurious house in Mumbai. Radhakishan Damani has been married to Shrikantadevi Radhakishan Damani for a very long time. However, the exact date of their marriage is still unknown. They also have three children, all of whom are women. Now their children are all grown up and independent.
Radhakishan Damani belongs to a not very wealthy Marwari family in Rajasthan. He did a lot of hard work in his early days. He has witnessed many difficulties and challenges in life.
| Real name: | Radhakishan S. Damani |
| Nickname: | Radhakishan Damani |
| Place of birth: | Bikaner, Rajasthan, India |
| Date of birth: | July 12, 1955 |
| Year old: | 68 years old |
| Height: | In centimeters – 163 cm In feet and inches – 5’4” |
| Weight: | Calculated in Kilograms – N/AIn Pounds Sterling – N/A |
| Eye color: | Black |
| Hair color: | Bald |
| Parent name: | Father: Shivkishanji Damani Mother: Not applicable |
| Siblings: | Correct |
| School: | not applicable |
| College: | University of Mumbai |
| Religion: | Hinduism |
| Nationality: | Indian |
| Zodiac: | Pisces |
| Sex: | Men |
| Sexual orientation: | Straight |
| Marital status: | Married |
| Girlfriend: | ARE NOT |
| Name of spouse: | Shrikantadevi Radhakishan Damani |
| Child/Children’s name: | Yes (Manjri Damani Chandak, Jyoti Kabra and Madhu Chandak) |
| Job: | Stock trader, businessman |
| Net worth: | 21.3 billion USD |
Girlfriend and relationship
Radhakishan Damani is a very rich and famous Indian personality. He is a married man, enjoying every moment of his life with his family. He is married to Shrikantadevi Radhakishan Damani and he also has three daughters. They are living a very happy and prosperous life.
Prize
Not much is known about his awards and achievements. Although the whole world knows about his success. He is the fourth richest person in India with a huge net worth.
Conclusion
Radhakishan Damani is India’s most successful and famous personality. He is the most successful stock trader and investor ever. He also taught Rakesh Jhunjhunwala about the stock market. He was a huge character and a very acknowledged person. We appreciate his work.
Frequently asked questions
What is Radhakishan Damani’s net worth?
Radhakishan Damani’s total net worth is around 21.3 billion USD (1.66 Lakh Crores)
How old is Radhakishan Damani?
Currently, Radhakishan Damani is 68 years old (July 12, 1955).
What is Radhakishan Damani’s salary?
Radhakishan Damani earns an estimated salary of $700 million per year.
What is Radhakishan Damani’s height?
Radhakishan Damani’s height is 163 CM.
What is the name of Radhakishan Damani’s wife?
Radhakishan Damani Wife’s name is Shrikantadevi Radhakishan Damani
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