Kumar Birla
Kumar Birla
Dinesh Krishnan
At a Glance
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Age49
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Earnings$ 8.8 Billion
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Source of earningsCommodities
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Marital StatusMarried
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Children3
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ResidenceMumbai
Forbes India Lists
#9 India Rich List 2016
#10 India Rich List Rank 2015
#9 India Rich List Rank 2014
#9 India Rich List Rank 2013
Profile
Commodities king, who chairs the $41 billion (revenue) Aditya Birla Group, is restructuring his empire. In August he announced the merger of Aditya Birla Nuvo with cash-rich Grasim Industries, to be followed by the demerger of the financial-services business into a separate company. Shares of both companies fell on investor concerns that the merger lacked synergies. Birla defended the move, saying it would create a company that combines growth with stability. In April Birla's UltraTech Cement concluded the $2.4 billion acquisition of rival Jaypee Group's cement units. Daughter Ananya has founded a microfinance firm.
