Billionaire Profile
Raamdeo Agrawal
Global Rank
#2182

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Raamdeo Agrawal

CEO, Financial services
INDIA
Real-Time Net Worth
$1.926B
Estimated based on Financial services stock value as of April 21, 2026
-0.93% (24h)
Age
69
Source
Financial services
Industry
Finance & Investments
Citizenship
INDIA

Biography

Raamdeo Agrawal is an Indian billionaire and the co-founder and Chairman of Motilal Oswal Financial Services. With a net worth of $1.8 billion, he is a prominent figure in the Indian financial sector. His career began as a sub-broker in 1987 and he co-founded Motilal Oswal Financial Services with Motilal Oswal. His investment strategy is largely inspired by Warren Buffett. He is a Chartered Accountant and holds a Bachelor of Commerce degree from the University of Mumbai. Agrawal is known for his value investing approach, emphasizing quality, growth, longevity, and price (QGLP) in his investment framework. He is also a philanthropist who has pledged to donate a significant portion of his stake in Motilal Oswal to charitable causes.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/21/2026

Wealth Over Time

In-Depth Profile

Early Life

Raamdeo Agrawal was born in Raipur, Chhattisgarh, India, in 1957, into a humble Marwari family. He displayed an early interest in the financial market. He pursued Chartered Accountancy in Mumbai, where he also earned a Bachelor of Commerce degree from the University of Mumbai.

Rise to Success

Agrawal began his career as a sub-broker in 1987. In the same year, he co-founded Motilal Oswal Financial Services (MOFSL) with Motilal Oswal, which has grown into a leading financial services company in India. Agrawal's family owns a significant stake (approximately 36%) in the company. His early understanding of the market helped him co-write the book "Corporate Numbers Game" in 1986. He is also the author of "The Art of Wealth Creation."

Key Business Strategies

Agrawal's business strategies have been centered around value investing, inspired by Warren Buffett. He developed the QGLP (Quality, Growth, Longevity, and Price) investment framework. He has been releasing annual wealth creation studies since 1996, which have become valuable resources for investors.

Philanthropy

In 2023, Agrawal pledged to donate 5% of his stake in Motilal Oswal for charitable purposes, particularly in education, health, and rural upliftment. In October 2024, Agrawal, along with Motilal Oswal, donated 4.24 lakh shares to the Motilal Oswal Foundation.

Career Milestones

1987

Co-founded Motilal Oswal Financial Services

Co-founded Motilal Oswal Financial Services (MOFSL) with Motilal Oswal, starting as a sub-broking unit.

1986

Co-authored "Corporate Numbers Game"

Co-authored the book "Corporate Numbers Game", a significant work on financial analysis.

1996

Started the Motilal Oswal Wealth Creation Study

Launched the annual Wealth Creation Study, a key resource for Indian investors.

1995-1999

Awarded Rashtriya Samman Patra

Received the Rashtriya Samman Patra from the Central Board of Direct Taxes for exemplary tax compliance.

2018

Chhattisgarh Citizen of the Year

Honored as the "Chhattisgarh Citizen of the Year" at the Chhattisgarh Excellence Awards.

2023

Pledged to donate 5% of his stake in Motilal Oswal to charity.

Committed to supporting education, health, and rural upliftment through philanthropic efforts.

Philanthropy & Social Impact

Education, Health, Rural Upliftment

Motilal Oswal Foundation Donations

$XB

Supports educational institutions and other charitable causes.

Business Philosophy & Leadership

Notable Quotes

"“I would like to see that the donation amount is being spent in our own lifetime for designated purposes as the need for the same is maximum now.”"

Leadership Principles

Value Investing

Focuses on investing in quality companies with consistent growth and long-term stability at a reasonable price (QGLP).

Long-Term Perspective

Emphasizes holding stocks for the long term to allow earnings to compound.

Disciplined Approach

Applies a disciplined approach to investing, buying stocks at cheap valuations and sticking with them.

Controversies & Challenges

2005

Son's Kidnapping

Raamdeo Agrawal's son, Vaibhav Agrawal, was kidnapped from his hostel but was later rescued.

2022

Speculation of Tiffs with Partner

There was speculation of growing differences with Motilal Oswal, which was later denied by both.