Radhakishan Damani

Radhakishan Damani is among the world's most closely watched billionaires from INDIA, with an estimated fortune of $15.8B. The bulk of Radhakishan Damani's wealth comes from Retail, investments, closely tied to Retail. Radhakishan Damani, often hailed as India's "Retail King," is a self-made billionaire renowned for founding DMart, a leading retail chain in India. His current net worth is approximately $15.5 billion as of December 2024. Damani's journey began as a stockbroker and investor, where he honed his skills and identified undervalued stocks. He transitioned into retail in 2002, opening the first DMart store. Damani's strategic vision and disciplined approach have transformed DMart into a retail giant, earning him a prominent position among India's wealthiest individuals. He is known for his low-profile lifestyle and strategic investments in various sectors, including retail and investments. His focus on value investing has contributed significantly to his wealth accumulation and influence in the business world. Key career milestones include Investor (1980); Largest Shareholder (1995); Founded DMart (2002); DMart IPO (2017). This profile documents verified holdings, career milestones, and multi-year net worth history drawn from Forbes rankings, company filings where available, and our editorial methodology. Readers use it to understand how public markets, private company stakes, and major business bets shape one of the largest personal fortunes on record. Wealth estimates move with stock prices, funding rounds, and disclosed transactions—figures on this page are research estimates, not cash balances. We publish year-by-year net worth history when verified data exists, link to primary sources, and update profiles when Forbes Real-Time Billionaires or major filings change the picture materially. For investors and researchers, the most useful reading pairs the headline number with ownership structure, geography, sector exposure, and the multi-year history chart on this page—especially during volatile markets when single-day moves can shift rankings without any operational change at the underlying companies.