Billionaire Profile
Renu Munjal
Global Rank
#1944

Image: Public domain | via Wikimedia Commons

Renu Munjal

CEO, Hero MotoCorp
IN
Real-Time Net Worth
$2B
As of December 2025
Age
70
Source
Motorcycles
Industry
automotive
Citizenship
IN

Biography

Renu Munjal is a distinguished Indian businesswoman and philanthropist. As the Managing Director of Hero FinCorp, the financial services arm of the Hero Group, she has played a pivotal role in its growth and transformation. Her career reflects a dedication to innovation and strategic vision, particularly in leveraging technology to enhance customer experience. Munjal also chairs the Raman Kant Munjal Foundation, actively involved in education, healthcare, and community development, demonstrating a commitment to corporate social responsibility and creating a positive impact on society. With a net worth of $2.0 billion, she continues to uphold the legacy of the Hero Group while advancing its mission of empowering communities.

Wealth Over Time

In-Depth Profile

Early Life and Family

Renu Munjal is a prominent figure in the Indian business landscape, connected to the esteemed Munjal family, known for founding the Hero Group, one of the world's largest motorcycle and scooter manufacturers. Her late husband, Raman Kant Munjal, was one of the sons of the patriarch Brijmohan Lall Munjal. This familial connection instilled in her the values of hard work, integrity, and social responsibility, which have guided her career and philanthropic endeavors.

Rise to Success

Renu Munjal pursued her education with a focus on business and management, preparing her for her future roles within the Hero Group. Her early career involved key strategic decisions and contributing to the company’s growth and expansion. She served as the Managing Director of Hero FinCorp, the financial services arm of the Hero Group, where her strategic vision and focus on innovation helped position the company as a leader in the financial services sector.

Key Business Strategies

Under Renu Munjal's leadership, Hero FinCorp has seen significant growth, offering a wide range of financial products and services, including retail finance and corporate lending. She has focused on leveraging technology to enhance customer experience and streamline operations, ensuring the company stays ahead of market trends. She is also involved in several companies, holding directorships at Hero Fincorp Limited, Rockman Auto Private Limited, Hero InvestCorp Private Limited, Bahadur Chand Investments Private Limited, Munjal Acme Packaging Systems Private Limited and Hero Future Energies Private Limited.

Philanthropy

Beyond her corporate responsibilities, Renu Munjal is deeply committed to philanthropy. She chairs the Raman Kant Munjal Foundation, which supports education, skill development, and community development. She has also been a strong advocate for healthcare, funding hospitals and healthcare centers in rural areas. Her efforts extend to environmental conservation and various social initiatives aimed at improving the lives of underprivileged communities.

Career Milestones

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Managing Director, Hero FinCorp

Renu Munjal is the Managing Director of Hero FinCorp, a financial services unit of the Hero Group.

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Chairperson, Raman Kant Munjal Foundation

Renu Munjal chairs the Raman Kant Munjal Foundation, which supports education, skill development, and community development.

Philanthropy & Social Impact

Education

Education Initiatives

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Supports schools and scholarships for deserving students.

Healthcare

Healthcare Projects

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Funds hospitals and healthcare centers in rural areas.

Environment

Environmental Conservation

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Supports initiatives aimed at preserving natural resources.