Net Worth: $2.3 Billion
- Source of Wealth Consumer Goods, Godrej Group of Companies
- Birth Place India
- Marital Status Married to Parmeshwar Godrej
- Full Name Adi Godrej
- Nationality Indian
- Date of Birth April 3, 1942
- Ethnicity Parsi
- Occupation Chairman of Godrej Group
- Education Massachusetts Institute of Technology (BA), Massachusetts Institute of Technology Sloan School of Management (MBA)
- Children three children
About Adi Godrej
Adi Godrej is the Head of Godrej Group of Companies with an estimated net worth of $2.3 billion as of April 2016 according to Forbes. He is the sixth richest person in India and the 376th richest person on the list of World Billionaires. He is also 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 revenues.
Singapore’s Temasek recently invested over $100 million for a 20% stake in the agri-business firm, Godrej Agrovet. Chocolate maker Hershey’s bought out a 43% stake in Godrej for their Indian joint venture. His son Pirojsha, who is a graduate of Columbia University, and is the chief executive officer of Godrej Properties, the group’s fast-expanding property arm.
Adi Godrej’s fortune is up with the rising value of the 3,500-acre estate in suburban Mumbai which is considered the family’s biggest asset. His biography, published by Penguin, is set for release this year. Currently, he is the president of the industry lobby group, Confederation of Indian Industry (CII). He 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 the prestigious Ernst & Young Entrepreneur of the Year India Award (February 2013). Since 2011, he is the chairman of the Indian School of Business.