Rajasthan is often associated with royal heritage and tourism, but the state also boasts a thriving business community that contributes significantly to India’s economy. From cement tycoons to retail giants and financial powerhouses, the richest people in Rajasthan are at the forefront of industry and investment in 2025.
Below is a ranked list based on estimated net worth from public holdings, business valuations, and reliable financial data.
Here is a List of Top 10 Richest People in Rajasthan
1. Radhakishan Damani – ₹115,000 Crore
Industry: Retail (DMart)
City of Origin: Bikaner
One of India’s richest individuals, Damani founded DMart and built it into a retail empire. Although he is Mumbai-based today, he was born in Rajasthan and retains close business and cultural ties to the state.
2. Benu Gopal Bangur – ₹72,000 Crore
Industry: Cement (Shree Cement)
City of Origin: Didwana
Chairman of Shree Cement, Bangur transformed a regional cement company into one of India’s top producers. He maintains his family’s legacy from Rajasthan while operating nationally.
3. Harsh Goenka – ₹25,000 Crore
Industry: Conglomerate (RPG Group)
City of Origin: Rajasthan heritage (based in Kolkata)
Harsh Goenka leads RPG Group, which spans across tyres, IT, infrastructure, and power. Though headquartered in Kolkata, his family’s roots are in Rajasthan.
4. Sanjiv Goenka – ₹22,000 Crore
Industry: Power, Retail, Sports (RP-Sanjiv Goenka Group)
City of Origin: Rajasthani lineage (based in Kolkata)
Sanjiv Goenka has built a diversified empire in electricity distribution, retail (Spencer’s), and IPL sports franchises. He shares the family’s Rajasthani industrial legacy.
5. Pradeepkumar Dhoot – ₹5,200 Crore
Industry: Electronics & Consumer Goods (Videocon Group)
City of Origin: Jodhpur
Former chairman of Videocon Group, Dhoot’s legacy in the consumer electronics sector remains influential despite corporate restructuring.
6. S.K. Poddar – ₹4,900 Crore
Industry: Synthetic Leather (Mayur Uniquoters)
City: Jaipur
Poddar leads Mayur Uniquoters, one of the world’s largest manufacturers of synthetic leather. The company exports globally and supplies to top auto brands.
7. Motilal Oswal – ₹4,500 Crore
Industry: Financial Services (Motilal Oswal Group)
City of Origin: Barmer
Founder of the well-known investment and brokerage firm, Oswal has become a major name in India’s financial services industry with solid roots in Rajasthan.
8. Anshuman Jain – ₹3,200 Crore
Industry: Global Banking
City of Origin: Jodhpur
The late co-CEO of Deutsche Bank was born in Rajasthan and became one of the most respected international bankers with an impressive personal fortune during his tenure.
9. Karan Singh – ₹2,800 Crore
Industry: Infrastructure and Logistics
City: Udaipur
Karan Singh manages a growing infrastructure and transport empire within Rajasthan, focusing on road construction, logistics, and cement.
10. C.K. Dhanuka – ₹2,500 Crore
Industry: Tea, Beverages, PET Packaging (Dhunseri Group)
City of Origin: Jaipur
Though now Kolkata-based, Dhanuka maintains Rajasthani roots and wealth through tea estates, beverage bottling, and packaging industries.
📊 Wealth Trends in Rajasthan (2025)
- Retail and cement industries dominate Rajasthan’s billionaire circle.
- Financial services and synthetic manufacturing are rising wealth sources.
- Many of Rajasthan’s richest individuals have expanded operations outside the state but remain culturally and commercially connected.
- Second-generation entrepreneurs are modernizing legacy businesses with global footprints.
📝 Final Thoughts
The richest people in Rajasthan are not only influential in traditional sectors like cement and real estate, but also in finance, infrastructure, and consumer goods. Their business empires stretch across India and the globe, showcasing how Rajasthan has evolved from royal wealth to industrial might. As India grows, expect more names from this desert state to enter the national billionaire ranks.
