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Radhakishan Damani is an Indian billionaire businessman and investor, founder and chairman of retail chain DMart. He is known as the "retail king" of India and has a net worth of US$18.3 billion as of January 2024.
Learn about Radhakishan Damani, the Retail King of India and the fourth richest person in the country. Find out his age, family, business, stock market strategies, and his famous investments in VST, HDFC, and DMart.
- Founding the supermarket chain DMart
- Mr. White and White [1] Business Today
- Retail King of India [2] Business Connect
- Businessman, Stockbroker, Investor
Oct 11, 2023 · Learn about the self-made retail king and investor who owns Avenue Supermart and other companies. See his net worth, wealth history, personal stats, residence, family and more.
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- Keep an eye on the long term. Like Warren Buffett, Damani too has been a value investor who would take canny view of the long term. When he turned an entrepreneur, he retained the same approach and built D-Mart without relying on any quick shortcuts.
- Small is big. Damani started small and did not hurry to expand. Low scale gave him a better control of supply chain and allowed him to focus on profitability right from the beginning.
- Value your people. Damani began with buying a franchise of Apna Bazar. That was when he began building personal relations with vendors and suppliers. He values both and they never let him down.
- Buy low, sell cheap. Damani knew what he was doing: offering people consumer products of daily use at heavy discounts. That became his only goal. One of his methods was to pay his suppliers and vendors within days instead of weeks which was the industry norm.
4 days ago · Learn about Radhakishan Damani, the self-made billionaire who built a supermarket chain and invested in various companies. See his net worth, personal stats, wealth history, and Forbes articles.
Apr 18, 2017 · Radhakishan Damani, then in his late-20s, would stand at the farther end of the raucous trading ring and watch the Cobra in action. It is evident that the young Damani (RD) learnt a lot watching crafty Manek spoiling the bulls' party time and again.
Radhakishan Damani, currently the fifth wealthiest person in India, is the country’s leading self-made entrepreneur as well, according to the maiden IDFC FIRST Private-Hurun...
