Billionaire Profile
Rajinder Gupta
Global Rank
#3123

Image: SuriForever | CC BY-SA 3.0 | via Wikimedia Commons

Rajinder Gupta

CEO, Textiles
INDIA
Real-Time Net Worth
$1.015B
Estimated based on Textiles stock value as of March 6, 2026
-2.3% (24h)
Age
67
Source
Textiles, paper
Industry
Fashion & Retail
Citizenship
INDIA

Biography

Rajinder Gupta, born on January 2, 1959, is an Indian industrialist and politician, currently serving as a Member of Parliament in the Rajya Sabha. He is the Chairman Emeritus and founder of the Trident Group, a major player in home textiles, paper, and chemicals, with a net worth of $1.6 billion as of 2024. From humble beginnings, leaving school at age 14, he built an empire from scratch. His career encompasses diverse leadership roles, including Chairman of the Board of Governors at Punjab Engineering College and the Padma Shri award in 2007 for his contributions to trade and industry. Gupta's career milestones include the founding of Abhishek Industries (later Trident Group) in 1985, and his subsequent expansion into textiles, paper, and chemicals. He stepped down from the Trident Group's board in 2022, prioritizing family and health, and now serves as Chairman Emeritus.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

Rajinder Gupta was born on January 2, 1959, in Bathinda, Punjab. His early life was marked by financial hardships, as his father was a cotton trader. Due to these constraints, he had to leave school in the ninth grade at the age of 14. He then worked various jobs to support his family, including making cement pipes and candles, earning a meager 30 rupees a day.

Rise to Success

In 1985, Gupta embarked on his entrepreneurial journey by establishing Abhishek Industries, a fertilizer manufacturing venture, with an initial investment of INR 6.5 crore. He entered the textile sector in 1991 with a yarn manufacturing unit, which later formed the foundation of the Trident Group. Under his leadership, the Trident Group expanded rapidly, achieving a growth rate of over 30% annually. Today, it is one of India's largest yarn spinners, a leading global producer of terry towels, and the world's largest producer of paper made from wheat straw. He was awarded the Padma Shri in 2007 for his contributions to trade and industry.

Key Business Strategies

Gupta's business acumen is highlighted by his ability to identify opportunities in diverse industries. The Trident Group diversified into textiles, paper, chemicals, and power generation. He was also known for maintaining strong relations with successive governments. The company exports to over 150 countries.

Philanthropy

Beyond business, Gupta is involved in philanthropy through the Trident Foundation. His initiatives include the Takshashila Centre for Excellence, providing training and employment opportunities, and support for healthcare and education.

Career Milestones

1985

Founded Abhishek Industries

Established a fertilizer manufacturing venture, which later became the Trident Group.

1991

Entered the textile sector

Established a yarn manufacturing unit.

2007

Awarded Padma Shri

Received the Padma Shri for contributions to trade and industry.

2022

Stepped down as Chairman

Resigned from the Trident Group's Board of Directors, now Chairman Emeritus.

2025

Elected to Rajya Sabha

Nominated by the Aam Aadmi Party (AAP) and elected to the Rajya Sabha.

Philanthropy & Social Impact

Education & Skill Development

Takshashila Centre for Excellence

$XB

A vocational institute providing training facilities and employment opportunities.

Healthcare

Madhuban Hospital & Medical Camps

$XB

Establishment of a multispecialty hospital and organization of mega medical camps, enhancing healthcare access.

Education & Culture

Support for Education and Culture

$XB

Established and financed many educational and cultural institutes.

Business Philosophy & Leadership

Notable Quotes

"“What truly matters is one's conviction and never-say-die attitude.”"

"“Challenges will always be there. One needs to convert setbacks into opportunities.”"

Leadership Principles

Tenacity

Embracing a never-say-die attitude to overcome obstacles.

Vision and Strategic Leadership

Guiding the Trident Group's growth and diversification.

Commitment to Community

Actively engaging in philanthropic activities, education, and healthcare.