Rank #3387
Radhe Shyam Agarwal
Net worth $1.0B
consumer goods · India
- Born
- Feb 01, 1945
- Age
- 81
- Source
- consumer goods
- Residence
- Kolkata
- Citizenship
- India
- Marital status
- Married
- Children
- 3
- Education
- LLB, Calcutta University; M.Com, Calcutta University; Chartered Accountant, Institute of Chartered Accountants of India; Company Secretary, Institute of Company Secretaries of India
Net worth over time
Biography
- Radhe Shyam Agarwal gets his wealth from his stake in consumer goods company Emami, which he cofounded with his buddy Radhe Shyam Goenka.
- Emami's range of more than 300 products, including popular brands Zandu balm and antiseptic cream Boroplus, are sold across millions of retail outlets.
- Agarwal also has interests in real estate, edible oils and healthcare.
- In 2019, Agarwal and Goenka sold their privately held cement business to fellow billionaire Karsanbhai Patel's company for $730 million.
- Agarwal sold the majority of his stake in AMRI Hospitals to billionaire Ranjan Pai's Manipal Group in 2023.
- Agarwal and Goenka were school friends who gave up corporate jobs to start Emami in 1974.
- Emami introduced India's first fairness cream for men in 2005.
- His son Harsha is vice chairman and managing director of the listed flagship Emami.
Financial assets
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