Adi Godrej Net Worth $3.6 Billion
Adi Godrej is the Head of Godrej Group of Companies with an estimated net worth of $3.6 billion as of March 2013 according to Forbes. He’s the sixth richest person in India and the 376th richest person on the set of World Billionaires. Godrej is likewise the second richest person in the world of the Parsi descent next to Pallonji Mistry. A graduate of the Massachusetts Institute of Technology (MIT) and the MIT Sloan School of Management, Godrej is considered as the business icon of the Indian Industry. He is the head of Godrej Group, a 116-year old consumer goods conglomerate that makes everything from locks to refrigerators and has $3.8 billion in sales. Singapore’s Temasek recently invested over $100 million for a 20% stake in the agri business company, Godrej Agrovet. His son Pirojsha, who is a graduate of Columbia University, and is the chief executive officer of Godrej Properties, the group’s rapid-expanding property arm. Adi Godrej’s fortune is up with the increasing value of the 3,500-acre estate in suburban Mumbai which is considered the family’s biggest advantage. His biography, published by Penguin, is set for release this year. Currently, Godrej is the president of the industry lobby group, Confederation of Indian Industry (CII). Godrej was awarded the Entrepreneur of the Year Award at The Asian Awards (April 2013), the Padma Bushan, India’s third highest civilian award (2013), and also the prestigious Ernst & Young Entrepreneur of the Year India Award (February 2013). Since 2011, Adi is the chairman of the Indian School of Business.