Billionaire Profile
Benu Gopal Bangur
Global Rank
#553

Image: Public domain | via Wikimedia Commons

Benu Gopal Bangur

CEO, Shree Cement
IN
Real-Time Net Worth
$6.8B
As of December 2025
Age
94
Source
Cement
Industry
manufacturing
Citizenship
IN

Biography

Benu Gopal Bangur is an Indian billionaire businessman and the Chairman Emeritus of Shree Cement. Born in 1931 into a prominent Marwari family in Kolkata, he transformed Shree Cement into one of India's largest and most cost-efficient cement producers. His career began in the family business, and he inherited Shree Cement after a family split in 1991. Under his leadership, the company expanded significantly, with a focus on innovation, operational efficiency, and sustainable practices. Bangur is also known for his philanthropy, supporting education, healthcare, and rural development.

Wealth Over Time

In-Depth Profile

Early Life and Education

Benu Gopal Bangur was born in 1931 in Kolkata, into a prominent Marwari family with a long history in business. He received a Bachelor of Arts/Science degree from Calcutta University, marking a departure from his family's traditional focus on practical business experience.

Rise to Success

The Bangur family business empire, established in the late 19th century by his grandfather, Mungee Ram Bangur, and his brother, Ram Coowar Bangur, initially involved trading in jute, cotton, and other commodities. Following a family split in 1991, Benu Gopal Bangur took control of Shree Cement. Under his leadership, Shree Cement grew to become one of India's leading cement manufacturers, known for its cost-efficiency and strategic acquisitions.

Key Business Strategies

Bangur focused on expanding production capacity, implementing cost-effective operations, and investing in renewable energy and power generation. He oversaw the introduction of brands like Rockstrong, Bangur Cement, and Shree Ultra Jung Rodhak, contributing to Shree Cement's market presence. The company also prioritized sustainability and environmental responsibility, setting benchmarks for the industry.

Philanthropy

Beyond his business endeavors, Benu Gopal Bangur has been actively involved in philanthropy, supporting various social causes including education, healthcare, and rural development. Shree Cement has also contributed to charitable initiatives, including donations to the families of military personnel and athletes.

Career Milestones

1991

Inherited Shree Cement

Took control of Shree Cement after a family split.

1990

Son, Hari Mohan Bangur, began managing Shree Cement

His son, Hari Mohan Bangur, has been running Shree Cement since 1990.

2022

Stepped Down as Chairman

Transitioned to Chairman Emeritus, with his son, Hari Mohan Bangur, assuming chairmanship.

Philanthropy & Social Impact

Social Welfare

Support for Families of Military Personnel

Unknown

Shree Cement donated cement to families of military personnel.

Sports

Support for Olympic Medalists

Unknown

Shree Cement pledged to donate cement to athletes who won gold medals in the Tokyo Olympics.

Education and Rural Development

Support for Education and Rural Development

Unknown

Benu Gopal Bangur has supported educational initiatives through Shree Cement.