Richest Person in Punjab- These 10 People Control a Major Share of Punjab’s Wealth
Known as the land of the Gurus, Punjab has shaped values rooted in courage, self-reliance, and responsibility. These values have also influenced how business and wealth evolved across generations. This list highlights the top 10 richest persons in Punjab, whose fortunes reflect history.
- Who is the richest person in Punjab?
The richest person in Punjab is Rajinder Gupta, founder of the Trident Group. As of 2026, his net worth is estimated at around ₹13,800 crore, built primarily through textiles, paper, and global exports.
- Is there any billionaire in Punjab?
Yes, Punjab has multiple billionaires. Industrial leaders such as Rajinder Gupta of Trident Group and Paritosh Kumar of Happy Forgings have net worths well above ₹8,000 crore.
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Top 10 Richest People in Punjab Based on Net Worth – 2026
| Rank | Name | Net Worth (₹ Crore) | Primary Business | City (Punjab) |
| 1 | Rajinder Gupta | 13,800 | Textiles and Paper (Trident Group) | Ludhiana |
| 2 | Paritosh Kumar | 10,300 | Auto Components | Ludhiana |
| 3 | Jaspal Singh Kandhari | 7,580 | Beverages | Chandigarh and Fatehgarh Sahib |
| 4 | S P Oswal | 7,400 | Textiles | Ludhiana |
| 5 | Avinash Gupta | 2,900 | Steel Forgings | Ludhiana |
| 6 | Anoop Bector | 2,281 | Food and FMCG | Ludhiana |
| 7 | Prem Chand Bansal | 1,800 | Metals and Infrastructure | Mandi Gobindgarh |
| 8 | Onkar Singh Pahwa | 1,700 | Bicycles | Ludhiana |
| 9 | Rajinder Mittal | 1,200 | Edible Oils and Biofuels | Sangrur |
| 10 | Gurdeep Singh | 900 | Auto Components | Ludhiana |
Punjab’s Richest Person List: Net Worth, Business, and Background
This Punjab’s richest person list brings together individuals who built wealth through industry, agriculture, and leadership.
1. Rajinder Gupta’s net worth (₹13,800 crore) [Textiles]
Rajinder Gupta is the richest person in Punjab. He is also known as “Dhirubhai Ambani of Punjab.” He is a class 9 dropout who once earned just ₹30 a day making candles and cement pipes. Today, leads the Trident Group from Ludhiana, one of India’s largest textile exporters.
The company supplies towels, bedsheets, yarn, and paper products to global markets. He is known for maintaining a very low public profile despite the scale of his business. A lesser-known aspect of his work is the strong focus on rural education through family-funded schools in Punjab.
2. Paritosh Kumar’s net worth (₹10,300 crore) [Auto components]
Paritosh Kumar and his family run Happy Forgings, a major auto component manufacturer based in Ludhiana. The company supplies forged parts to global brands such as Volvo and Caterpillar. What many do not know is that the business started as a small workshop before scaling steadily over decades. Today, it is also recognised for energy-efficient manufacturing practices.
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3. Jaspal Singh Kandhari’s net worth (₹7,580 Crore) [Beverages]
Jaspal Singh Kandhari is a well-known business leader based in Punjab and Chandigarh. He heads Kandhari Beverages, one of Coca-Cola’s largest bottling partners in North India, with major manufacturing units in Punjab and Haryana. As per 2025 estimates, his family’s business is valued at around ₹7,580 crore.
4. SP Oswal’s net worth (₹7,400 crore) [Textiles]
SP Oswal is the chairman of Vardhman Textiles, a leading name in yarn, fabric, and fibre manufacturing. He played an early role in introducing blended fabrics in India, which helped make clothing more affordable. The group has largely stayed away from political alignment. Its focus remains on long-term industrial growth and worker skill development.
5. Avinash Gupta & Family’s Net Worth (₹2,900 Crore) [Steel Forgings]
Avinash Gupta and his family are the owners of RN Gupta and Company, a leading steel forging manufacturer and exporter based in Ludhiana, Punjab. As per early 2025 to 2026 estimates, the family’s net worth is placed between ₹2,800 crore and ₹2,900 crore, positioning them among the wealthiest industrial families in Ludhiana and Punjab, particularly within the steel and industrial manufacturing sector.
6. Anoop Bector’s Net Worth (₹2,281 Crore) [Food and FMCG]
Anoop Bector and his family are the promoters of Mrs Bector’s Food Specialities Ltd, the company behind well-known brands such as Cremica and English Oven. Their wealth is largely linked to their shareholding in the publicly listed business, with Anoop Bector and associated family trusts holding shares valued at over ₹2,281 crore as of late 2025.
7. Prem Chand Bansal’s Net Worth (₹1,800 Crore) [Metals and Infrastructure]
Prem Chand Bansal is a prominent industrialist based in Mandi Gobindgarh, Punjab. He is the driving force behind Ansal Alloys and Metal.
As per early 2025 estimates, his net worth stands at around ₹1,800 crore. In addition to metals, he is also associated with Prem Bansal Constructions Private Limited, which was established in Punjab in 2006.
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8. Onkar Singh Pahwa’s net worth (₹1,700) [Bicycles]
Onkar Singh Pahwa and his family own Avon Cycles, one of India’s most recognised bicycle brands. The company survived difficult market phases by expanding exports to Africa and other emerging regions. Avon operates one of the largest bicycle manufacturing facilities under one roof. It is now gradually exploring electric bicycle models.
9. Rajinder Mittal’s net worth (₹1,200 crore) [Edible oils and biofuels]
Rajinder Mittal heads BCL Industries, which operates across edible oils and ethanol production. His ethanol plants use agricultural waste, helping reduce dependence on fossil fuels. This shift supported Punjab’s move towards cleaner energy alternatives. He also works closely with farmers through cooperative farming models.
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10. Gurdeep Singh’s net worth (₹900 crore) [Auto components]
Gurdeep Singh founded GS Radiators, a key supplier to India’s automobile sector. The company is known for radiator designs that perform well in extreme Indian weather. It is now expanding into cooling systems for electric vehicles. Singh remains closely connected to community initiatives in Ludhiana.
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Disclaimer– The rankings and figures in this article have been compiled from multiple verified reports, credible news sources, and public financial data available as of 2026.
All values are approximate and may vary with newer updates, revisions, or changes in official records.
Richest Person in Punjab – FAQs
The richest Punjabi family is the Mittal family, led by Sunil Bharti Mittal of Bharti Airtel. Within India’s Sikh business community, the Dhingra family of Berger Paints also ranks among the wealthiest.
The youngest billionaire in India is Aravind Srinivas, founder and Chief Executive Officer of Perplexity AI. As per the Hurun India Rich List 2025, he became a billionaire at 31, with an estimated net worth of around ₹21,190 crore.
Amritsar’s richest individuals include Kuldeep Singh Dhingra and Gurbachan Singh Dhingra of Berger Paints, along with Sukhbir Singh of SS Group. Other prominent wealthy names come from the promoter families of Khanna Paper Mills and the owners of Novelty Sweets.
The richest Punjabi person in the world is Sunil Bharti Mittal, founder of Bharti Airtel. As of 2026, his estimated net worth exceeds $8 billion.
The richest Sikh businessmen in India are Kuldip Singh Dhingra and Gurbachan Singh Dhingra, owners of Berger Paints. Their combined wealth is estimated at around $7.8 billion.
The richest actor in Punjab is Diljit Dosanjh. His net worth is estimated between ₹172 crore and ₹205 crore, boosted by global tours, films, and brand endorsements.
Yo Yo Honey Singh is currently richer than Karan Aujla. Honey Singh’s net worth is estimated at around ₹217 crore, compared to Aujla’s ₹100 to ₹125 crore.
