Billionaire Profile
Rajju Shroff
Global Rank
#2241

Image: Public domain | via Wikimedia Commons

Rajju Shroff

CEO, UPL Limited
IN
Real-Time Net Worth
$1.7B
As of December 2025
Age
92
Source
Agrochemicals
Industry
manufacturing
Citizenship
IN

Biography

Rajju Shroff, a 92-year-old Indian billionaire, is the founder and chairman of UPL Limited, a global leader in agrochemical solutions. His estimated net worth is $1.7 billion, stemming from his expertise in the Agrochemicals industry. Shroff pioneered the manufacturing of red phosphorus in India, transforming UPL into a multinational company with a presence in over 130 countries. His career, marked by innovation and entrepreneurship, has earned him numerous accolades, including the Padma Bhushan in 2021.

Wealth Over Time

In-Depth Profile

Early Life

Rajju Shroff, born Rajnikant Devidas Shroff, was born in 1933 in Kutch, Gujarat, India, into a family of entrepreneurs in the textile business. His passion for chemistry began early, leading him to study at Khalsa College, Bombay University, where he earned a degree in Chemistry.

Rise to Success

Shroff's journey in the chemical industry commenced with his family's factory. In 1969, he founded UPL Limited in Mumbai, and pioneered the manufacturing of Red phosphorus in India. Shroff's vision transformed UPL into a global leader in crop protection solutions, with operations in over 130 countries and a diverse workforce. Shroff's leadership has been key to UPL's growth, including the $4.2 billion acquisition of Arysta LifeSciences in 2018, making UPL one of the top agrochemical companies in the world.

Key Business Strategies

The key to Shroff's success was innovation. He established a novel process for mercury salt production in the UK and, later, focused on red phosphorus and other chemicals, like Aluminium Phosphide and Zinc Phosphide for agriculture. He also focused on manufacturing generic products, and selling through a distribution network to compete on price in the global market.

Philanthropy

Mr. Shroff believes in sharing prosperity with the society at large, supporting various social activities and working towards the betterment of the people.

Career Milestones

1969

Founded UPL Limited

Established UPL Limited, pioneering the manufacturing of Red phosphorus in India.

1957

Developed Mercury Salt Production Process

Established a novel process for mercury salt production in the UK and received royalties for it.

2018

Acquired Arysta LifeSciences

Acquisition of Arysta LifeSciences for $4.2 billion, making UPL one of the top agrochemical companies in the world.

Philanthropy & Social Impact

Social Welfare

Support for Social Activities

Unknown

Supports various social activities and works towards the betterment of the people.

Business Philosophy & Leadership

Notable Quotes

"What India's farmers need is training in modern farm practices."

Leadership Principles

Visionary Leadership

Always eager to do something different, taking the road less traveled.

Commitment to Food Security

Dedicated to ensuring food security for all.

Sharing Prosperity

Believes prosperity must be shared with the society at large.