Portrait of Benu Gopal Bangur

Rank #686

Benu Gopal Bangur

Net worth $6.0B

Cement · India

Born
Jun 01, 1931
Age
94
Source
Cement
Residence
Kolkata
Citizenship
India
Marital status
Widowed
Children
2
Education
Bachelor of Arts/Science, Calcutta University

Net worth over time

Biography

  • Cement czar Benu Gopal Bangur gets his wealth from a majority stake in Shree Cement, one of India's most cost-efficient cement producers.
  • Shree, which was started in 1979 in Jaipur, sells branded cement under the names of Shree Ultra Jung Rodhak, Bangur Cement and Rockstrong.
  • Bangur hails from a storied business clan in Kolkata and got control of Shree Cement in the 1990s after a family split.
  • Today the company is run by his son Hari Mohan, who was appointed chairman in 2022 after Bangur stepped down. His grandson Prashant is vice chairman.
  • In October 2024, Shree Cement signed an agreement with the Indian government's internal trade department to help manufacturing startups with financial support.
  • The Bangurs were among the top ten business families in India in the 1950s and 1960s.
  • Bangur supports the preservation and forestation of sand dunes near Lord Brahma Temple at Pushkar in Rajasthan.

Financial assets

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