Rank #1214
Balkrishan Goenka
Net worth $3.6B
Textiles · India
- Born
- Aug 15, 1966
- Age
- 59
- Source
- Textiles
- Residence
- Mumbai
- Citizenship
- India
- Marital status
- Married
- Children
- 2
- Education
Net worth over time
Biography
- Balkrishan Goenka controls and runs the Welspun Group in Mumbai, with interests in textiles and pipes.
- Spurning his family's trading business, Goenka borrowed $100,000 from his father, took a bank loan and started Welspun in 1985 to make polyester yarn.
- He expanded into home linen, focusing on the export market, with customers such as Walmart and Macy's.
- His Welspun Corp is one of the largest pipe companies in the world.
- His wife Dipali runs listed home textiles maker Welspun India.
- Goenka has a passion for vintage cars.
- His older daughter, Radhika, founded and runs The Lingerie Shop.
- In 2023, he bought a luxury penthouse in Mumbai for $30 million.
Financial assets
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