Table of Contents
Introduction:
Radhakishan Damani (born on 9th September 1954) is a prominent Indian businessman and investor, with his astute business acumen and strategic vision, Damani has built an empire in the retail industry and established himself as one of India’s wealthiest individuals.
Who is Radhakishan Damani?
Radhakishan Damani is an Indian billionaire investor, businessman, and the founder of Avenue Supermarts Limited. He also manages his portfolio through his investment firm. He is one of the India’s wealthiest individuals and has built an empire in the retail industry.
Radhakishan Damani Wiki:
| Real Name | Radhakishan Damani |
| Date of Birth | 9 September 1954 |
| Birth Year | 1954 |
| Age | 69 Years |
| Zodiac Sign | Cancer |
| Profession | Businessman, Stockbroker, Investor |
| Birthplace | Bikaner, Rajasthan, India |
| Hometown | Mumbai, Maharashtra, India |
| School | Not known |
| College/University | University of Bombay, Mumbai, India |
| Educational Qualification | College Dropout (1st Year BCOM.) |
| Nationality | Indian |
| Religion | Hinduism |
| Sexuality | Male |
| Marital Status | Married |
Radhakishan Damani Biography:
Radhakishan Damani was born on 9th September 1954 in Bikaner, Rajasthan, India. He was born in a modest Marwadi family. Radhakishan Damani grew up with a strong entrepreneurial spirit instilled in him by his father, Shivkishan Damani.
He completed his graduation in Commerce from the University of Bombay, but dropped out after one year. He began his career as a stockbroker in the Bombay Stock Exchange.
Radhakishan Damani Family:
Radhakishan Damani was born into an Indian Marwadi Family.
| Father Name | Shiv Kishanji Damani |
| Mother Name | Not Known |
| Brother Name | Gopikishan Damani |
| Sister Name | Not Known |
Radhakishan Damani Education:
Radhakishan Damani completed his schooling education in Mumbai, Maharashtra, India. He then pursued his graduation in Commerce from the University of Bombay and began his career as a stockbroker working with his brother in the Bombay Stock Exchange.
Radhakishan Damani Career:
Investment Prowess:
Radhakishan Damani’s entry into the stock market marked the beginning of his extraordinary investment journey. He is known for his contrarian investment style, he focused on long-term value investing, seeking out undervalued companies with growth potential. Radhakishan Damani investment prowess earned him the respect of his peers and established him as a shrewd investor.
D-Mart and the Retail Revolution:
Radhakishan Damani recognized the immense potential of the retail industry in India. he founded Avenue Supermarts Limited, commonly known as D-Mart, in 2002. D-Mart is a chain of hypermarkets and supermarkets offering a wide range of products at affordable prices. With a customer-centric approach and a focus on efficient operations, D-Mart quickly gained popularity among Indian consumers.
Radhakishan Damani Age:
Radhakishan Damani was born on 9th September 1954 and is of 69 Years old. (As of 2023)
Radhakishan Damani Physical Appearance:
| Height | 163 cm or 1.63 m |
| Weight | Not Available |
| Body Measurements | Not Known |
| Eye Colour | Black |
| Hair Colour | Black |
Radhakishan Damani Marriage:
| Wife/Spouse | Shrikanta Devi Radhakishan Damani |
| Children | Daughters- Manjri Damani Chandak, Jyoti Kabra, and Madhu Chandak |
Radhakishan Damani Net Worth:
Radhakishan Damani is a business tycoon and also the 4th richest man in India, he has a net worth of approximately around $ 21.3 Billion (US Dollars).
Radhakishan Daman On Social Media:
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Radhakishan Damani Photos:
Interesting Facts about Radhakishan Damani:
- Radhakishan Damani is a famous Indian businessman, who is termed as the Retail King of India. he is also the eight richest Indian as of 2023.
- Radhakishan Damani 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, Radhakishan Damani was forced to close down his business and join his brother as a stockbroker.
- He made his first financial investment at the age of 32.
- Before becoming a successful investor and entrepreneur, Radhakishan Damani worked as a stockbroker in the Bombay Stock Exchange.
- His experience in the stock market helped shape his investment acumen and laid the foundation for his future success.
- Radhakishan Damani is known for his low-profile and reclusive nature. He maintains a low media presence and prefers to let his work speak for itself.
- Radhakishan Damani is an avid leader and believes in the power of knowledge.
- He is known to have an extensive library and has penchant for studying the works of renowned investors and business leaders.
FAQs about Radhakishan Damani:
Who is Radhakishan Damani?
Radhakishan Damani is an Indian billionaire investor, businessman, and the founder of Avenue Supermarts Limited. He also manages his portfolio through his investment firm. He is one of the India’s wealthiest individuals and has built an empire in the retail industry.
When was Radhakishan Damani born?
Radhakishan Damani was born on 9 September 1954.
Where was Radhakishan Damani born?
Radhakishan Damani was born in Bikaner, Rajasthan, India.
What is the age of Radhakishan Damani?
Radhakishan Damani was born on 9th September 1954 and is of 69 Years old. (As of 2023)
What is the zodiac/birth sign of Radhakishan Damani?
Radhakishan Damani was born under the birth sign of Cancer whose symbol is a Crab.
What is the profession of Radhakishan Damani?
Radhakishan Damani is a Businessman, Stockbroker, and Investor by profession.
What is the nationality of Radhakishan Damani?
Radhakishan Damani is an Indian by Nationality.
What was the strategy of Radhakishan Damani?
He invests in companies with a long-term perspective and holds on to them for years, focusing on their earnings growth rather than short-term market fluctuations. Damani also has a contrarian approach, investing in companies that are undervalued and out of favor with the market.
At what age did Radhakishan Damani started investing?
But he had set up his own auto ancillary trading business. But due to sudden death of his father, he shut his own business and joined his family business. At the age of 32 he started trading in the market. Radhakishan Damani got popular during 1992 for his Bull and Bear Fight with Harshad Mehta.
How did Radhakishan Damani become rich?
He quit stock market in 2000 to start his own hypermarket chain, DMart, setting up the first store in Powai in 2002. The chain had 25 stores in 2010, post-which the company grew rapidly and went public in 2017. In 2020, he became the fourth-richest Indian with a net worth of $16.5 billion.
Conclusion:
Here we see all about Radhakishan Damani’s life, Radhakishan Damani’s entrepreneurial journey and accomplishments serve as an inspiration to aspiring businessmen and investors. His relentless pursuit of excellence, focus on customer satisfaction, and astute business strategies have propelled D-Mart to unprecedented success in the Indian retail landscape.
With his visionary leadership and unwavering determination, Radhakishan Damani has left an indelible mark on the retail industry and earned a well-deserved place among India’s most influential business magnates.
