Balkrishan Goenka
Balkrishan Goenka
Mexy Xavier
At a Glance
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Age49
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Earnings$ 1.37 Billion
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Source of earningsDiversified
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Marital StatusMarried
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Children2
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ResidenceMumbai
Forbes India Lists
#83 India Rich List 2015
Profile
Founder-chairman of the $3 billion (revenues) Welspun Group, which makes textiles, pipes and steel, reenters the list after a 4-year hiatus. Bulk of wealth is from the $850 million (revenues) Welspun India, best known for its range of towels (it supplies Wimbledon) and carpets, which are sold by Wal-Mart, IKEA and Target. Goenka started with a textile mill in Maharashtra in 1985 at age 19. Group, which faced slump after failed textile acquisition, slowdown in pipe orders and delays in its power projects, has lately restructured.
Enjoys vintage cars.
