Top 10 Richest Man in Punjab in 2024
Punjab, one of the wealthiest provinces in terms of per capita income, has always been a powerful force in the production of agricultural goods. It is aptly referred to as India’s wheat basket. It is home to industrial towns including Bhatinda, Phagwara, Jalandhar, and Ludhiana. Thus, it makes sense to find out who is the richest person in Punjab. Its economy, valued at $68 billion, is the 16th largest in India.
Here is the list of the Richest Man in Punjab:
1. Rajinder Gupta
Net worth of $1.55 billion (13,800 crores).
The richest person in Punjab is the proprietor of Trident Group. Mr. Gupta was born into a family of cotton dealers, therefore he received his understanding of spinning and cotton. He picked the textile industry and became wealthy as a result.
2. SP Oswal Company
Net Worth: $600 million (4600 crore)
Vardhaman Group is Mr. SP Oswal. One of the major participants in the textile industry is his company. Along with being a well-known philanthropist, Mr. Oswal received the Padma Bhushan award.
3. Paritosh Kumar Garg
Net Worth: $500 million (3900 crores).
Paritosh is a well-known industrialist who established the business. Since 1979, Mr. Garg has been connected to the business. He has worked in the forging sector for more than 40 years. He participates in the company’s daily activities.
4. Avinash Gupta
Net Worth: $70 million (2800 crores).
Avinash Gupta was born into a Brahmin family of intellectuals and mystics, Abhinavagupta’s ancestors had left Kannauj to migrate in the company of Lalitaditya Muktapida, the great monarch of Kashmir. He was taught by up to fifteen (or more) gurus and teachers from all the schools of thought and art of the day.
Throughout his lengthy life, he produced more than 35 pieces of work, the most significant and well-known being Tantrāloka, an exhaustive analysis covering every philosophical and practical facet of Kaula and Trika. Another significant contribution he made was to the theory of aesthetics through his well-known commentary on the Nāṭyaśāstra of Bharata Muni, known as Abhinavabhāratī.
5. Onkar Singh Pahwa & Family
Net worth: $220 million (1700 crores)
It’s no secret that Ludhiana is one of India’s biggest industrial centers. The primary cause of this is Ludhiana’s steadily expanding bicycle industry. Furthermore, it is impossible to discuss the bicycle industry without mentioning Avon Cycles. The business has significantly boosted the city’s economy and enabled the Ludhianavists to obtain an increasing number of jobs.
6. Shiv Prasad Mittal and Company
Net Worth: $220 million (1700 Crore).
The net worth of Shiv Prasad Mittal and his family company, Aarti Steels, is Steel Manufacturing Industry. In addition to serving as Executive Chairman of Greenpanel Industries Ltd., Mittal also serves as Non-Executive Chairman of Greenlam Industries Ltd. He serves on the boards of eight other businesses in addition to Trade Combines as a partner.
7. Anoop Bector & Family Company
Net Worth: $ 220 million (1700 crore).
The Managing Director & Director at Cremica Agro Foods Ltd. and Managing Director & Director at Mrs. Bector’s Food Specialities Ltd. In addition, he serves as a member of the Punjab Agricultural University Member-Management Board and is on the boards of Mrs. Bector’s English Oven Ltd., Mrs. Bector’s Cremica Dairies Pvt Ltd., and Bakebest Foods Pvt Ltd. Anoop Bector graduated from Satish Chander Dhawan Government College with a bachelor’s degree.
Read More: Get A Magnificent List of Top 10 Richest man in India 2024
FAQs
Who in Punjab is the richest person?
The wealthiest person in Punjab and Ludhiana is Rajinder Gupta. The proprietor of Trident Group, which has a textile investment, is Rajinder Gupta. Formerly the wealthiest person in Ludhiana, Pankaj Munjal of the Hero group now makes his home in New Delhi. Rajinder Gupta is now Punjab’s richest individual.
What is the number of Billionaires in Punjab?
In Punjab, there is an unusual situation where the richest seven individuals in the state are also the top seven with a net worth of over one thousand crore.
