Uttar Pradesh is not just India’s most populous state—it’s also home to a growing number of billionaires and industry giants. The richest people in Uttar Pradesh represent a new era of wealth generation, led by traditional manufacturing families and tech startup founders who’ve scaled globally.
Below is the definitive list of UP’s top 10 richest individuals in 2025, based on public company valuations, private holdings, and verified financial disclosures.
1. Murli Dhar Gyan Chandani – ₹14,000 Crore+
Business: RSPL Group (Ghadi Detergent, Venus Soaps)
City: Kanpur
Murli Dhar Gyan Chandani leads RSPL Group, the maker of Ghadi Detergent—one of India’s top-selling household brands. With consistent expansion in FMCG, footwear (Red Chief), and real estate, RSPL has become a household name across India. Murli Dhar is the undisputed richest man in Uttar Pradesh.
2. Bimal Gyan Chandani – ₹9,000 Crore+
Business: RSPL Group (Joint Family Holdings)
City: Kanpur
The younger Gyan Chandani brother, Bimal manages RSPL’s finances and product expansion. His personal wealth reflects his equity in Ghadi Detergent and other group ventures, placing him just behind his elder brother in the state’s wealth rankings.
3. Vijay Shekhar Sharma – ₹8,000 Crore
Business: Founder of Paytm
City of Birth: Aligarh
The tech entrepreneur behind Paytm, Sharma transformed mobile payments in India. While headquartered in Noida, Sharma’s UP roots remain strong. Despite fluctuations in Paytm’s stock post-IPO, his net worth remains impressive due to his equity and investments.
4. Hitesh Oberoi – ₹7,600 Crore
Business: Co-founder & MD, Info Edge (Naukri.com, 99acres)
City: Originally from UP
Hitesh Oberoi helped grow Info Edge into one of India’s biggest internet firms. With a major stake in Naukri, Jeevansathi, and early investments in Zomato, his personal wealth has surged, making him one of UP’s richest digital entrepreneurs.
5. Dinesh Chandra Agarwal – ₹5,400 Crore
Business: Founder, IndiaMART
City: Lucknow
IndiaMART is India’s largest B2B marketplace, and Dinesh Agarwal has ridden the wave of India’s SME digitization. A former government officer, he turned entrepreneur in the ’90s and is now a celebrated tech magnate in UP.
6. Yashish Dahiya – ₹4,100 Crore
Business: Founder, PolicyBazaar
City: Originally from UP (roots in Muzaffarnagar)
PolicyBazaar’s rise as India’s leading insurance aggregator has made Dahiya a wealthy man. His strong rural and educational connections to UP are often highlighted in his entrepreneurial journey.
7. Brijesh Agarwal – ₹3,700 Crore
Business: Co-founder, IndiaMART
City: Lucknow
As co-founder and operational brain behind IndiaMART, Brijesh shares in the tech firm’s meteoric success. His net worth continues to grow alongside IndiaMART’s user and vendor base.
8. Rohit Manglik – ₹3,200 Crore
Business: Founder, EduGorilla
City: Kanpur
One of UP’s youngest millionaires, Manglik founded EduGorilla, an EdTech startup that now operates in multiple countries. His platform helps students prepare for competitive exams through AI-based learning tools.
9. Ankit Gupta – ₹2,800 Crore
Business: Founder, MyOperator (Cloud Telephony)
City: Varanasi
Gupta’s cloud communication platform, MyOperator, is widely used by Indian SMEs. With venture capital backing and large-scale adoption, his personal fortune has grown steadily.
10. Ritesh Malik – ₹2,500 Crore
Business: Founder, Innov8 (Co-working spaces)
City: Ghaziabad
A medical doctor turned entrepreneur, Malik started Innov8, which was later acquired by OYO. His ventures in real estate tech and startups make him one of UP’s most diversified new-age investors.
Common Traits Among UP’s Richest
- Family businesses still dominate in Kanpur and Lucknow, especially in FMCG and manufacturing.
- Tech and internet-based entrepreneurship are rapidly catching up.
- Global scalability has made local founders rich in USD terms, especially those in fintech and EdTech.
- Most own equity in fast-scaling startups or legacy manufacturing firms.
Final Thoughts
The richest people in Uttar Pradesh are reshaping the financial and social landscape of the state. Their stories span traditional business dynasties and disruptive startups, offering a glimpse into the future of wealth creation in India’s heartland.
As UP grows as a business and tech hub—especially in cities like Lucknow, Noida, and Kanpur—the billionaire count is expected to rise. Whether you’re an aspiring entrepreneur or an economic analyst, tracking these figures gives insight into where India’s regional power and wealth are headed next.
