Get A Spectacular List of the Richest Man in Goa in 2025

Richest Man in Goa

Goa, a popular tourist destination is the smallest state in India. Tourism is the main driver for its economy after which mining comes. Agriculture is also important but it is only the third largest after tourism and mining. Panjim and Vasco da Gama are the two main cities with Vasco being the largest. In this post, we’ll look at the richest people in Goa.

Here is the list of Richest Man in Goa-

Richest Man in Goa

1.Padma Chowgule

Company – Chowgule & Co
Net Worth – $700 Million (5000 Crore)

The venerable main business, Chowgule & Co., is chaired and managed by Mr. Padma Chowgule. Its interests include shipbuilding, mining, pellets, salt, and the Group’s educational institutions. The youngest of founder Vishwasrao Chowgule’s five children, Padma Chowgule is 65 years old.

2. Vijay Chowgule

Company – Chowgule & Co
Net Worth – $700 Million (5000 Crore)

The ship repair yard at Lavgan in Maharashtra, Angre Port in Maharashtra, car dealerships, construction chemicals, port agency, storage, logistics, Kolhapur Oxygen, healthcare, explosives, and munitions are all under the management of Mr. Vijay Chowgule, the older brother of Mr. Padma Chowgule.

shrini Get A Spectacular List of the Richest Man in Goa in 2025


3. Srinivas Dempo

Company – Dempo Group
Net Worth – $200 Million (2000 Crore)

The Goa-based Dempo Group of Companies, which has varied holdings in industries like calcined petroleum coke, shipbuilding, food processing, real estate, and newspaper publishing, is chaired by Mr. Shrinivas Dempo. He has served as the chairman of the Confederation of Indian Industry’s western region, which is the largest industry lobby in India. Mr. Dempo received an honorary Italian vice consular title in Goa, India, in 2013. He was named Chairman (Independent Director) of the Tata Group company Automobile Corporation of Goa Ltd.

4. Edwin

Company – Curlies and Shiva valley


By following his announcement to receive the lump sum prize, Edwin Castro, 31, added $1.6 billion ($US997. 6 million) to his account, making him an overnight billionaire after winning $3.2 billion ($US2. 04 billion) in a California lottery last year. I bought Arjuna beach from Mr. Edwin.

48 Get A Spectacular List of the Richest Man in Goa in 2025

5. Dattaraj Salgaokar

Company – Sharda Group

Dattaraj V. “Raj” Salgaocar holds an MBA (Finance) from the esteemed Wharton Business School at the University of Pennsylvania and is a certified production engineer from VJTI, Bombay University. As a Tata scholar for advanced studies and a Wadia scholar for college, he has an exceptional academic record.  He is the proprietor of both Goa FC and Sharda Mandir School.

6. N. S. Bandekar & family

Company – Bandekar

The Bandekar Group is involved in the mining, hotel, and aviation industries. Iron ore from Goa is one of the main exports from the House of Rajaram N. S. Bandekar to the Middle East, China, Japan, Europe, and other nations. This group owns a few hotels in Goa and engages in a variety of tourism and hospitality-related industries outside of mining.

Radhaa Get A Spectacular List of the Richest Man in Goa in 2025

7. Radha Timblo

Company – Timblo Pvt. Ltd

The Bandekar Group is involved in the mining, hotel, and aviation industries. The mother of three and widow of Goan iron ore miner Satish Timblo has been embroiled in controversy for the past few years. In 2012, a panel of the Supreme Court raped her for engaging in illicit mining. She was purportedly running a mine that was leased to a person who had immigrated to Pakistan and passed away there.

Read More: The Top 10 Toughest Exams in the World as of 2025

FAQ

Who is the richest man in Goa?

Padma Chowgule

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