In India, the history of the stock market is not that – but the nation post-1990s has helped things to make an impact. The stock market has given birth to so many great investors. And one such personality is Radhakishan Damani.
He is a billionaire who has made a career in the stock market. Radhakishan is now known as the founder and brain behind DMart. But he is more than just a DMart Owner. So, let’s understand him in detail.
Radhakishan Damani Overview
Radhakishan Damani is a famous Indian investor and entrepreneur. He is one of the richest people in India, and he makes money by trending and investing in the stock market first. Then coming up with DMart in the 21st century and now it is the most famous grocery store in India.
Radhakishan’s Bio
- Name: Radhakishan Damani
- Date of Birth: July 12, 1955
- Birthplace: Bikaner, Rajasthan
- Astro Sign By Name: Aries
- Zodiac Sign By Date: Cancer
- Nationality: Indian
- Ethnicity: Brown
Radhakishan Damani Age
Radhakishan was born on July 12, 1955, making him 69 years old as of 2024.
Radhakishan Damani Height, Weight
Radhakishan Damani’s height is 5 feet and 11 inches. Damani carries a weight of around 72 kg.
- Height: 5 feet and 11 inches
- Weight: 72 kg
- Eye Colour: Dark Brown
- Hair: Black
- Feet Size: 9 (US)
Radhakishan Family
Radhakishan Damani comes from a family related to the stock market. His father Mr. Shivkishanji Damani was a stock broker also. He, along with his elder brother, helped his father in the stocking broking business when they grew up.
His brother Gopikishan Damani is also an investor.
- Father: Radhakishan Damani
- Mother: Unknown
- Siblings: Gopikishan Damani (Brother)
- Children: Manjri Chandak, Madhu Chandak, Jyoti Kabra
- Wife: Shrikantadevi Radhakishan Damani
Radhakishan spent all his childhood in Mumbai. While growing up, he did live in a one-room apartment in Mumbai.
Radhakishan’s Education
Radhakishan is an educated man. After completing basic schooling in Mumbai only, he joined the Mumbai University in the commerce section.
Radhakishan Career
Just after the passing of his father, Radhakishan Damani became a stockbroker and investor. During the time of Harshad Mehta’s Bull market, he did make a lot of money.
As a result, when HDFC Bank went public in 1995, it went on to become the largest individual shareholder of this megabank.
But his eye was on business and investment both. In 2000, he came with the hypermarket chain Dmart. His first store was opened in Powai back in 2002. By 2010, he had opened just 25 stores. It was a steady growth. In the next 10 years, DMart went aggressive and opened over 200 stores and went public in the 2010s. The competition they had was Big Bazar. It did have more stores and a bigger name. But in 2020, Big Bazar’s time seemed over and DMart became too big on the stock market. And this has made Radhakishan one of the richest persons in India.
Radhakishan Damani Net Worth
The net worth of Radhakishan Damani is estimated at US$23.7 billion as of August 2024. He is known as one of the most successful people in India and Asia. Radhakishan has made money from stocks and businesses.
Radhakishan Stocks – Portfolio Stats
| Sr. No. | Company Name | Sep 2023 (%) | Dec 2023 (%) | March 2024 (%) | June 2024 (%) | Sep 2024 (%) | Value |
| 1 | 3M India Ltd. | 1.48 | 1.48 | 1.48 | 1.48 | 1.48 | 556.38 |
| 2 | Advani Hotels & Resorts (India) Ltd. | 4.18 | 4.18 | 4.18 | 4.18 | 4.18 | 25.01 |
| 3 | Andhra Paper Ltd. | 1.00 | 1.00 | – | – | – | 0.00 |
| 4 | Aptech Ltd. | 3.03 | 3.03 | 3.03 | 3.03 | Filing Due | 30.79 |
| 5 | Avenue Supermarts Ltd. | 67.24 | 67.24 | 67.24 | 67.24 | 48.20 | 125036.68 |
| 6 | BF Utilities Ltd. | 1.01 | 1.01 | 1.01 | 1.01 | 1.01 | 30.67 |
| 7 | Blue Dart Express Ltd. | 1.29 | 1.29 | 1.29 | 1.19 | 1.19 | 216.41 |
| 8 | Mangalam Organics Ltd. | 2.17 | 2.17 | 2.17 | 2.17 | Filing Due | 9.34 |
| 9 | Sundaram Finance Holdings Ltd. | 1.88 | 1.88 | 1.88 | 1.88 | 1.88 | 137.23 |
| 10 | Sundaram Finance Ltd. | 2.37 | 2.37 | 2.37 | 2.37 | 2.37 | 1212.34 |
| 11 | The India Cements Ltd. | 20.78 | 20.78 | 20.78 | – | – | 0.00 |
| 12 | Trent Ltd. | 1.52 | 1.52 | – | 1.27 | 1.27 | 3266.22 |
| 13 | United Breweries Ltd. | 1.21 | 1.21 | 1.23 | 1.20 | 1.20 | 608.35 |
| 14 | VST Industries Ltd. | 30.71 | 30.71 | 32.66 | 31.19 | 29.10 | 1542.47 |
| 15 | Bhagiradha Chemicals & Industries Ltd. | – | – | – | – | 3.46 | 147.97 |
Conclusion
Radhakishan Damani, who is the owner of Dmart, makes his wealth through investing and trading in stock market. At a age of 69 he is a successful business man and also has a good net worth about $23.7 billion as of 2024. His thoughts are so impressive, people follow their thought and wants to be a perfect man like him.
FAQs
What is Radhakishan’s Age in 2024?
Radhakishan is 69 years old in 2024.
Who is the owner of Dmart?
Radhakishan is the owner of Dmart.
What is Radhakishan Net worth in rupees?
Radhakishan Net worth in rupees is approximately ₹1,96,710 crore.
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