Though Manipur doesn’t feature billionaires, its top earners command significant regional wealth, often in the range of ₹50–₹300 crore. The richest people in Manipur include senior politicians, business leaders in health and transport, and emerging local entrepreneurs. The rankings below reflect assets disclosed in election affidavits, business valuations, and regional influence.
Manipur (/ˌmʌnɪˈpʊər/) is a state in northeastern India with Imphal as its capital. It borders the Indian states of Assam to the west, Mizoram to the south, and Nagaland to the north and shares the international border with Myanmar, specifically the Sagaing Region to the east and Chin State to the southeast. Covering an area of 22,330 square kilometers (8,621 mi²), the state consists mostly of hilly terrain with the 1813-square-kilometre (700 mi²) Imphal Valley inhabited by the Meitei (Manipuri) community, historically a kingdom. Surrounding hills are home to Naga and Kuki-Zo communities, who speak Tibeto-Burman languages. The official language and lingua franca, Meitei (Manipuri), also belongs to the Tibeto-Burman family.
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Here is a List of Top 10 Richest People in Manipur
1. T. Phungzathang – Estimated Net Worth: ₹300 Crore
T. Phungzathang, elected for the Churachandpur Autonomous District Council, has built a substantial fortune through political influence, land ownership, and local governance roles. His assets, nearing ₹300 crore, include extensive agricultural and forest land, civic properties, and interests in public-sector service fees.
2. Thangjam Dhabali Singh – Estimated Net Worth: ₹150 Crore
A prominent healthcare and hospitality entrepreneur, Singh leads The Classic Hotels chain and heads Babina Healthcare. His dual investment in hotel operations and medical services has secured him top position among Manipur’s business elites.
3. Sapam Nishikant Singh – Estimated Net Worth: ₹24 Crore
As an independent MLA from Keishamthong and a media entrepreneur, Singh owns the “Sangai Express” newspaper. With declared assets accounting for land, brokerage bonds, media-audit business, and real estate holdings, he ranks third in regional wealth.
4. Khombongmayum Singh Suresh – Estimated Net Worth: ₹18.5 Crore
A public servant with business interests, Singh Suresh owns real estate assets, transport investments, and savings across multiple Manipur constituencies, bringing him into the state’s top five.
5. Sehpu Haokip – Estimated Net Worth: ₹18 Crore
Haokip’s portfolio spans unchecked agricultural land, urban properties, and financial deposits. His wealth is further elevated by his political tenure and investments in local transport services.
6. Huidrom Vikramjit – Estimated Net Worth: ₹6.4 Crore
Former MD of HVS Construction Material, one of Manipur’s largest builders, Vikramjit earned significant wealth through his association with the state’s infrastructure boom.
Other High-Asset Individuals (Estimated ₹5–15 Crore)
This group includes senior MLAs and professionals such as:
- CKK Rajkumar, involved in transport logistics and agriculture.
- Ashab Uddin, a Jiribam MLA and newspaper proprietor.
- Karam Shyam, a former state minister and public distribution authority official.
- V. Mohendra, known for land investments and educational services.
They each report assets between ₹5 and ₹15 crore, placing them within Manipur’s wealthiest circle.
🧭 Wealth Trends in Manipur
- Politics intersects significantly with wealth, with multiple MLAs heading the list.
- Healthcare and hospitality entrepreneurship is emerging as a strong wealth creator.
- Transport and construction materials remain crucial local industries.
- Media ownership also serves as a pathway for regional economic success.
📝 Final Thoughts
The richest people in Manipur reflect a diverse landscape—from council politicians and hotel chains to media figures and transport entrepreneurs. Though no national-level billionaires reside here, their influence in governance and commerce is substantial. As sectors like healthcare, education, and real estate grow, expect this group to evolve significantly in the years ahead.
The 2012–2013 gross state domestic product of Manipur at market prices was about ₹10,188 crore (US$1.1 billion).[131] Its economy is primarily agriculture, forestry, cottage and trade driven.[132] Manipur acts as India’s “Gateway to the East” through Moreh and Tamu towns, the land route for trade between India and Burma and other countries in Southeast Asia, East Asia, Siberia, the Arctic, Micronesia and Polynesia. Manipur has the highest number of handicraft units and the highest number of craftspersons in the northeastern region of India
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