Top 8 richest people in indore in 2023
Indore, the largest city in Madhya Pradesh and a bustling IT hub, is home to a significant number of affluent individuals. This city has witnessed substantial economic growth and development over the years, attracting many entrepreneurs and investors. In this post, we will take a look at the top 10 wealthiest people who reside in Indore. These individuals come from various industries, including finance, healthcare, and real estate, and have made significant contributions to the city's economic landscape. Their success stories serve as an inspiration to many aspiring entrepreneurs and highlight the city's potential as a destination for business and investment in India.
1. Vinod Kumar Agarwal & family
Vinod Agarwal, a native of Indore, which is recognized as the cleanest city in India, began his entrepreneurial journey at the tender age of 15. Initially, he ventured into the transport business and later diversified into coal trading. His business eventually grew, and he began importing coal from countries like South Africa and Indonesia. With over four decades of experience in the industry, Vinod Agarwal is a meritorious individual whose story of success is truly inspiring. Apart from his business endeavors, he is also involved with several trusts and NGOs, including the Balaji Sewarth Vinod Agarwal Foundation, which has undertaken commendable initiatives in healthcare, education, infrastructure, and environmental conservation.
Company – Agarwal Coal
Net Worth – $750 Million (6000 Crore)
Industry – Transportation & Logistics
2. Sunil Chordia & family
In 1989, Mr. Sunil Chordia and his family established Rajratan Wires Pvt Ltd, which later became Rajratan Global Wire Ltd. The company focuses on producing pre-stressed concrete wires. Currently, Mr. Chordia's net worth is estimated to be $500 million (4100 Crore).
Company – Rajratan Global Wire
Net Worth – $500 Million (4100 Crore)
Industry – Automobile & Auto Components
3. Manish Kumar Dabkara & family
Mr. Manish Kumar Dabkara holds several key leadership positions at Eki Energy Services Ltd as its Chairman, CEO, and Managing Director. With his extensive knowledge and experience in the energy sector, he has played a significant role in the growth and development of the company. As of now, his net worth is valued at $450 million (3500 Crore), making him one of the wealthiest individuals in the industry.
Company – EKI Energy Services
Net Worth – $450 Million (3500 Crore)
Industry – Services
4. Dilip Suryavanshi
With an extensive career spanning over 36 years in the construction and engineering industry, Mr. Dilip Suryavanshi is a seasoned leader in the field. Currently serving as the Chairman and Managing Director of Dilip Buildcon Ltd, he has contributed significantly to the company's growth and success. His net worth is valued at $300 million (2000 Crore), highlighting his remarkable achievements in the industry. Mr. Suryavanshi's expertise and experience have positioned him as a notable figure in the Indian construction and engineering landscape.
Company – Dilip Buildcon
Net Worth – $300 Million (2000 Crore)
Industry – Construction & Engineering
5. Devendra Jain
In 1987, a small construction firm named Dilip Builders was established in Bhopal, Madhya Pradesh, by a group of five individuals working out of a garage. Led by Dilip Suryavanshi, the company undertook small urban development projects in the local area. In 1995, Devendra Jain, a recent civil engineering graduate from Vikram University, joined the firm to kick-start his career in engineering. Currently, Mr. Jain's net worth is estimated at $140 million (1200 Crore).
Company – Dilip Buildcon
Net Worth – $140 Million (1200 Crore)
Industry – Construction & Engineering
6. Sudhir Agarwal
Mr. Sudhir Agarwal is the Managing Director of DB Corp Ltd and has been a member of the company's board since its inception. He possesses nearly 30 years of experience in the printing and publishing of newspapers, having served with the organization for the same duration. Currently, his net worth is estimated to be $130 million (1000 Crore).
Company – DB Corp
Net Worth – $130 Million (1000 Crore)
Industry – Media
7. JK Arora
As the Chairman and Managing Director of Som Distilleries & Breweries in the media industry, Mr. Jagdish Kumar Arora has played a pivotal role in the company's success. With a net worth of $130 million (1000 Crore), he is recognized as one of the most prominent figures in the Indian media landscape. Mr. Arora's extensive expertise in the field has positioned him as a distinguished leader and a driving force behind the company's growth and expansion.
Company – SOM Distilleries
Net Worth – $130 Million (1000 Crore)
Industry – Media
8. Arun Ramani & Brothers
Ramani Group, established in 1970 by Late Mr. Balchand Kukreja, is primarily involved in the production of ice cream. The company operates under the brand name of Top 'N Town, which has a strong presence in Madhya Pradesh and a notable presence in Maharashtra, Chhattisgarh, Orissa, and Uttar Pradesh. The net worth of the company is estimated to be $100 million (800 Crore), making it a significant player in the media industry.
Company – Top N Town
Net Worth – $100 Million (800 Crore)
Industry – Media