Kumar Mangalam Birla, chairman of Aditya Birla Group, is the 9th richest Indian with a net worth of $13.2 billion. The group owns 47 brands and 27 firms.
Kumar Mangalam Birla, a leading Indian business tycoon and Chairman of Aditya Birla Group, has a net worth of $13.2 billion. He is a CA by training and one of the most esteemed businesspeople in India, belonging to the illustrious Birla family.
Birla holds the 9th position in Forbes’ 2023 list of the richest Indians. He also serves as the chairman of the Birla Institute of Technology and Science (BITS), one of the top engineering colleges in India.
Kumar Mangalam Birla obtained his MBA from London Business School and has previously held the position of Chairman at IIM Ahmedabad.
Grasim Industries, founded by GD Birla in 1947 during India’s Swadeshi Movement, is now the largest exporter of rayon fabric globally, with revenue of Rs 96,552 crores.
After Aditya Vikram and Rajashree Birla welcomed him into the world on June 14, 1967, Kumar Mangalam Birla assumed control of the family business at the age of 28, following his father’s death in 1995. Under his leadership, the group has grown significantly and is now one of India’s top firms.
Kumar Mangalam Birla has diversified into multiple industries like telecommunications, cement, mining, and fashion with over 16 clothing brands including Louis Philippe, Allen Solly, Peter England, and Pantaloons being the most popular.
Aditya Birla Fashion and Retail Limited, chaired by Kumar Mangalam Birla, acquired well-known clothing brands such as Allen Solly, Peter England, Louis Philippe, and Pantaloons, which may seem to have originated elsewhere.
Birla Carbon is a global leader in manufacturing and supplying carbon black additives with a presence in 12 countries across five continents. Birla Copper also plays a vital role in fulfilling a significant portion of the copper requirement for Indian Railways.
With 27 companies, 47 brands, and 14 different sectors, the Aditya Birla Group is always on the lookout for the next big opportunity.
Hindalco, owned by Birla, is engaged in activities involving bauxite mining, alumina processing, and aluminium production. The company operates in 10 countries and employs over 40,000 people.
After being acquired by Grasim in 2004, Ultratech Cement has become India’s largest cement producer and the third largest globally, with a revenue of over Rs 50,000 crore.