Portrait of Radhe Shyam Agarwal

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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