He wasn’t that rich and prosperous from the beginning, as his father used to work in Mumbai’s famous Dalal Street. After the death of his father, Radhakishan Damani also started working in stock trading and investment. After the scam of Harshad Mehta, his wealth increased many folds and he became extremely successful in stock market. Radhakishan Damani was born and raised in a not so wealthy environment. He was born in Bikaner, Rajasthan, where he used to live with his family and siblings. Later they shifted to Mumbai, where his father used to work in Dalal Street. After the death of his father, Radhakishan Damani left his studies and started following the line of the stock market. He started short-selling stocks which made him very successful, especially after the scam of Harshad Mehta came into the limelight.
Radhakishan Damani Net Worth
Radhakishan Damani has a net worth of $21.3 billion (Rs 1.66 Lakh Crore Indian Rupees) which is a massive figure. He has made an enormous success in very less time from stock market. Although he left the stock market in 2000, his business never stopped. Radhakishan Damani also has investments in many companies like VST Industries, India Cements, etc.
Radhakishan Damani Assets
Cars: Well, there isn’t a lot of knowledge available about the car collection of Radhakishan Damani. However, we do know that he has cars like Audi, BMW, and Rolls Royce in his collection. House: Radhakishan Damani lives a 1,000 crore INR house in Mumbai. He also has a resort in Alibag and many other properties in and out of India is well.
Who is in the list of the world’s top rich
Other Indians in the top 100 are Mukesh Ambani, Gautam Adani, Azim Premji, Pallonji Mistry, Shiv Nadar, and Lakshmi Mittal. Damani was raised in a Marwari family in a one-room apartment in Mumbai. He studied commerce at the University of Mumbai but dropped out after a year. After the death of his father who worked on Dalal Street, Damani left his ball-bearing business and became a stock market broker and investor.
Education
There aren’t a lot of details available about the education of Radhakishan Damani. He has spent most of his childhood in poverty and so, he hasn’t shared a lot. There is no information available about his schooling, but we do know that he went to the University of Mumbai to do graduation. Although after the tragic death of his father, he left his studies at B.Com in 1st year.
Professional Career
Radhakishan Damani was used to be a stock trader and investor in his early days. His father was also a broker of Dalal Street in Mumbai. After the death of his father, he became a broker and investor in the stock market of Mumbai. Very soon he gets used to all the things and he made huge amount of profit by short-selling stocks. He still thanks Harshad Mehta, as after his scam of 1992 became public, the wealth of Radhakishan Damani increased exponentially. He is a phenomenal businessman is well. Radhakishan Damani founded the company named DMart in 2000, after quitting the stock market. Currently, DMart has more than 234 stores and outlets all over India.
Personal Life
Radhakishan Damani is a family man. He lives with his wife and children in a very luxurious house in Mumbai. Radhakishan Damani is married to Shrikantadevi Radhakishan Damani for a very long time. Although the exact date of their marriage is not known. They also have three children, all of them are women. All of there children are adults and independent now. Radhakishan Damani belongs from a not-so-rich Marwari family of Rajasthan. He has done a lot of hard work in his early days. He has seen a lot of struggles and hardships in his life.
Girlfriend & Relationship
Radhakishan Damani is a very rich and famous personality of India. He is a married man, who is enjoying his life’s every moment with his family. He is married with Shrikantadevi Radhakishan Damani and he also had three daughters. They are living a very happy and prosperous life.
Awards
There isn’t a lot of knowledge available about his accolades and achievements. Although the whole world knows about his success. He is the fourth richest person of India with a massive net worth.
Conclusion
Radhakishan Damani is the most successful and famous personality of India. He is the most successful stock trader and investor to have ever appeared. He also taught Rakesh Jhunjhunwala about the stock market. He is a massive figure and a very acknowledged person. We really appreciate his work. Recommended Articles
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