Rank #2323
Motilal Oswal
Net worth $1.8B
Financial services · India
- Born
- May 12, 1962
- Age
- 64
- Source
- Financial services
- Residence
- Mumbai
- Citizenship
- India
- Marital status
- Married
- Children
- 2
- Education
- Chartered Accountant, Institute of Chartered Accountants of India
Net worth over time
Biography
- Chartered accountant Motilal Oswal cofounded and chairs Mumbai-headquartered Motilal Oswal Financial Services.
- From a small stock brooking outfit, Oswal and his billionaire business partner Raamdeo Agrawal, grew it into a financial services firm.
- In their early days, the duo would walk a mile from the Bombay Stock Exchange to the nearest payphone to take orders from clients.
- Son of a grain trader, Oswal was the first person in his family to go to college.
- In 2023, he and cofounder Agrawal pledged to donate 5% of their respective holdings in Motilal Oswal for philanthropic causes such as education, health and rural upliftment.
- When he was starting out, Oswal was turned down by 60 accountancy firms because he couldn't speak English fluently.
- Oswal is the chairman of the Jain International Trade Organisation.
Financial assets
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