According to the IIFL Wealth Hurun India Rich List 2022, Damani currently has a net worth of Rs 1.75 lakh crore. Due to this, 67-year-old Damani has climbed up two places as compared to earlier and has reached number five in this special rich list. In the Hurun India Rich List 2022, Gautam Adani is first and Mukesh Ambani is at number two.
Damani’s wealth has jumped 280% in the last five years. In numbers, this figure is Rs 1,28,800 crore. According to the Economic Times report, the data that has come out in the rich list shows that Damani has been earning Rs 57 crore every day, which is about Rs 2.5 crore in hourly terms.
How much wealth has increased in the last one year
Damani’s wealth has jumped 13 per cent in the last one year. Damani’s Avenue Supermarts has over 200 DMart stores across the country. The shares of Avenue Supermarts are at Rs 4439.10 on 22 September 2022 at around 3.15 pm on BSE. Today its stock is seeing a gain of more than 3 percent. The company’s market capital is currently close to Rs 2,87,553 crore.
how did it start
First, Damani made a good fortune from stock market investments. Then in 2002 he opened DMart stores and became an entrepreneur. Radhakishan Damani has been a friend of late Rakesh Jhunjhunwala, who is called Big Bull. Let us tell you that apart from Avenue Supermarts, Damani also has a major stake in VST Industries and India Cements. Other major companies in which he holds shares include Trent, United Breweries, 3M India, Blue Dart Express and Metropolis Healthcare.
Zepto co-founder Kaivalya Vohra has joined the IIFL Wealth Hurun 2022 list, which is the list of India’s richest people. He has made it to this list for the first time this year. Apart from Vohra, Physicswala’s co-founder Alakh Pandey has also joined the list. Apart from him, many other start up founders have also got a place in this list for the first time. Vohra is only 19 years old. He has become the richest young Indian in the country at this age. The important thing is that he has also become the first such young teenager in the country, who has a wealth of more than Rs 1,000 crore.