Radhakishan damani wife

According to Forbes, Damani is now India’s second richest man with a massive net worth of Rs 1.2 lakh crores. This stupendous growth mainly pertains to the first IPO of Avenue Supermarts, which owns all of the D-mart stores across India, in March 2017. After a rally of more than 5% in Avenue Supermarts’ shares last week, Damani dethroned Shiv Nadar to take hold of the second spot. Let’s get a clearer idea about who he is and how he built his empire below: 5 facts about Radhakishan Damani and how he became India’s second richest person • Radhakishan Damani hails from a Marwadi family, one that always had ties with the stock market. His family, including his brother, children and wife are all dedicated towards the growth of D-Mart through various avenues. His daughter assumes the position of the Director at Avenue Supermarts, which is the parent company of D-Mart. Another 58% stake in D-Mart is held by Bright Star, which is jointly owned by Damani and his wife and three trustees in the form of his children. • Radhakishan Damani’s first introduction to the stock market was due to the untimely death of his father. However, he now stands as one of the most famous personalities on the stock market, all thanks to his timely investments and strategies. He holds stakes in VST Industries, United Breweries and Blue Dart Express Ltd. Two of which (VST Industries and Blue Dart) are his best-performing stocks along with Sundaram Finance and India Cements. • The 65-year-old always had an...

Radhakishan Damani, the well known investor and entrepreneur, is likely to be the trustee of big bull Rakesh Jhunjhunwala’s assets. Jhunjhunwala passed away on August 14 and is survived by wife Rekha and three children. He invested in both listed and unlisted firms, with the value of his holdings in listed companies put at over Rs 30,000 crore. Jhunjhunwala started trading with Rs 5,000 in 1985: his portfolio grew to include companies such as Titan, Star Health & Allied Insurance (which he also backed), Crisil, Federal Bank, Fortis Healthcare, Tata Motors, Rallis India and Aptech. His largest investment in value terms is in Titan in which he had invested at an average price of Rs 3 apiece in 2002-03. In Monday’s trading, the scrip closed at Rs 2,417.50. At current prices, his holding is valued at almost Rs 11,000 crore. He also made a foray into the country’s aviation sector by investing in Akasa Air. He graduated from Sydenham College and thereafter enrolled at the Institute of Chartered Accountants of India. He earned his first big profit in 1986 when he bought 5,000 shares of Tata Tea at Rs 43 and the stock rose to Rs 143 within three months. In three years he earned Rs 20-25 lakh. Damani founded retail chain Avenue Supermarts with a market capitalisation of over Rs 2.75 lakh crore.

Bio/Wiki Nickname Mr. White and White [1] Names Earned Retail King of India [2] Profession(s) Businessman, Stockbroker, Investor Famous For Founding the supermarket chain DMart Physical Stats & More Eye Colour Black Hair Colour Salt & Pepper (semi-bald) Personal Life Date of Birth 1954 [3] Age (as of 2021) 67 Years Birthplace Bikaner, Rajasthan Nationality Indian Hometown Mumbai College/University University of Mumbai Educational Qualification College dropout (1st year B.Com.) [4] Ethnicity Marwari [5] Food Habit Vegan [6] Address Altamount Road, Mumbai Hobby Taking a walk on Girgaum Chowpatty Relationships & More Marital Status Married Family Wife/Spouse Shrikantadevi Radhakishan Damani Children Daughter- 3 • Manjri Damani Chandak • Jyoti Kabra • Madhu Chandak Parents Father- Shivkishanji Damani (stockbroker) Mother- Name Not Known Siblings Brother- Gopikishan Damani (investor) Money Factor Assets/Properties • a 156-room Radisson Blu Resort in Alibag, Maharashtra • a beachfront getaway home close to Mumbai [7] Net Worth (approx.) $20.5 Billion (as of 2021; Rs 1.4 lakh crores) [8] Some Lesser Known Facts About Radhakishan Damani • Radhakishan Damani (RD) is a famous Indian businessman, who is termed as the Retail King of India. He is the fourth richest Indian as of 2021. [9] • RD dropped out in the first year of his college to start his ball-bearing business, and his father and brother were stockbrokers on Dalal Street. • After the untimely death of his father, Mr. Damani ...

Radhakishan Shivkishan Damani is an Indian business magnate and billionaire investor who founded Avenue Supermarts Limited. Bright Star Investments Limited, his investment firm, also manages his portfolio. Bloomberg Billionaire Index ranked him #98 richest person in the world on August 19, 2021. The universe, like Radhakishan Damani, always yields to a stubborn heart. The man is a successful entrepreneur and investor. Radhakishan Damani is a Mumbai-based billionaire who owns DMart, India's third-largest mega-retail chain. Dalal Street is now ruled by a humble Mumbai trader. As a stock trader, he began his career in the ball-bearing industry. He had previously expressed no interest in the stock market business. However, his father's death forced him to enter the stock market. In the 1990s, he made money by short-selling stocks. Damani reportedly became HDFC Bank's largest individual shareholder after it went public in 1995. After the Harshad Mehta Scam was exposed in 1992, he saw a significant increase in his income due to short-selling profits at the time. Radhakishan founded 'DMart.' in 1999 because he has a thorough understanding of consumer companies. With little experience in a similar occupation, Radhakishan and Damodar Mall purchased a franchise of Apna Bazaar, a cooperative organisation founded in Mumbai in 1948. After two years, Radhakishan decided to launch 'DMart' and take over 'Apna Bazaar.'When D-Mart first opened in Mumbai in 2002, he had only one store, but w...

Radhakishan Damani Biography: The universe always bows down to a stubborn heart, just like it did for Radhakishan Damani. The man is a successful investor and entrepreneur. Radhakishan Damani is a Mumbai- based billionaire, who owns India’s third-largest mega-retail stores chain, viz., “DMart” . A humble trader of Mumbai is now the ruler of “ Dalal Street ”. Thus, it becomes imperative to know about the man who is usually seen in simple, white clothes. Early Life And Career Born and brought up in a Marwari family, Radhakishan Shivkishan Damani belonged to a simple family in Mumbai and resided in a single-room apartment in the city in his initial years. Radhakishan pursued commerce at the University of Mumbai, but did not complete his degree and dropped out just after one year. His father worked on Dalal Street. After the demise of Damani’s father, he went on to become a stock market broker and investor, leaving his ball-bearing business once and for all. That’s when his journey commenced as an investor and stock market broker. During this time, Damani made huge profits through short-selling stocks that were unreasonably high during that time, due to illegal means used by Harshad Mehta in the 1990s. When the Harshad Mehta scam came to light in 1992, Damani saw a great rise in his income, all because of the short-selling profits. In the year 1995, it went public that the investor was the largest individual shareholder of HDFC Bank. From this point, his journey takes a huge f...