How rich is Radhakishan Damani?
How rich is Radhakishan Damani?
Damani picked up a 1% stake in Andhra Paper. Damani also picked up 15% stake in India cements in May 2020 taking his investment in India Cements to 19.89%. Damani publicly holds 6 stocks in his investment portfolio and total value of his stock portfolio is approx ₹102,077 crore (US$13 billion) in 2021.
Who is owner of DMart?
Avenue Supermarts Limited, d/b/a DMart, is an Indian retail corporation that operates a chain of hypermarkets in India. It was founded by Radhakishan Damani in 2002, with its first branch in Powai’s Hiranandani Gardens.
How does Damani make money?
The publicly traded business sells food, clothing and other consumer products in more than 200 DMart shops across India. After making hundreds of millions of dollars from stock market investments, Damani turned into an entrepreneur by opening DMart stores in 2002.
