Punjab has a large group of very successful entrepreneurs and industrialists who have developed into large business empires in fields like textiles, engineering, farming and sports. Also, they have played a large role in the economy, which in turn has created jobs for many.
In 2026, we see below some of the richest people from Punjab based on what is reported about their wealth.
a) Rajinder Gupta
Estimated Net Worth: Rs. 13,800 Crore.
Rajinder Gupta, who is the founder and chairman of Trident Group, a leading Indian player in the textile and paper manufacturing industries. From humble beginnings, he grew to run a large-scale industrial conglomerate which has its headquarters in Ludhiana. His work, which contributed to the growth of industry and employment, got him the Padma Shri award.
b) Paritosh Kumar
Estimated Net Worth: 10,300 Crores.
Paritosh Kumar is the founder of Happy Forgings, a company that produces high-quality forged components for the auto sector. They supply to large auto manufacturers in India and international markets.
c) SP Oswal
Estimated Net Worth: 7400 Crores.
SP Oswal heads the Vardhman Group, which is a very large-scale textile company based in Ludhiana. Under his watch, the company went global and became a key player in the yarn and fabric segments.
d) Onkar Singh Pahwa
Estimated Net Worth: 1700 Crores.
Onkar Singh Pahwa heads Avon Cycles, which is India’s largest bike manufacturer. The company has a large presence in both domestic and international markets, and they produce millions of cycles annually.
e) Rajinder Mittal
Estimated Net Worth: 1.2 thousand Crores.
Rajinder Mittal heads BCL Industries, which is into edible oil production, distillery and agro-processing.
f) Gurdeep Singh
Estimated Net Worth: Rs. 900 Crore.
Gurdeep Singh started out with the founding of GS Radiators, which took off to become a key player in the automotive parts field that produces cooling systems and radiators for cars.
g) Harbhajan Singh
Estimated Net Worth: 700 Crores.
Former Indian cricketer Harbhajan Singh, who is also known as “Bhajji”, grew his wealth from cricket, brand deals and business. Also into sports other than playing, he has put his money into sports gear, commentary and entertainment.
h) Sukhbir Singh Badal
Estimated Net Worth: Rs 217 Crore.
Sukhbir Singh Badal is a key political figure in Punjab and the President of the Shiromani Akali Dal. He was Deputy Chief Minister of Punjab and has large agricultural holdings and other investments.
i) Harsimrat Kaur Badal
Estimated Net Worth: Rs. 198 Crores.
Harsimrat Kaur Badal is a senior political figure and ex-Union Minister of India. She has reported having large assets, which include agricultural land, properties and investments.
j) Taranjit Singh Sandhu
Estimated Net Worth: Rs. 32.75 Crore.
Taranjit Singh Sandhu is a senior diplomat which saw service as India’s ambassador to the United States. Later, he entered politics and put up assets worth over 32 crores in his election affidavit.
Conclusion
Punjab has had the distinction of producing many successful entrepreneurs and key personalities, who in turn have built strong businesses and achieved great financial success. We see in the case of Rajinder Gupta and SP Oswal that they developed large-scale manufacturing companies, also Political leaders, including Harbhajan Singh and business leaders have also reported having amassed great wealth.
These, in fact, are the pillars of Punjab’s economy, and they also serve as an inspiration for today’s business leaders, which in turn fuels the growth in the region.
Note: Net worth reported is an estimate based on data from recent reports.
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