Balkrishan Goenka
$2.9B
Born
Aug 15, 1966
Age
59
Source of Wealth
Textiles
Residence
Mumbai,
Citizenship
India
Marital Status
Married
Children
2
Education
- 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.
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