Who is West Bengal’s Richest Man? A Look at the Top 10 Wealthy Names in 2026

West Bengal has a long history of building strong businesses, from old jute mills and tea estates to modern cement, steel, and retail companies. Over the years, Bengali billionaires have created massive wealth and companies that operate across India and globally. This list highlights West Bengal’s richest man in 2026 and the top 10 richest persons of West Bengal who represent the state’s financial strength today.

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West Bengal’s Richest Man and the Top 10 Billionaires You Should Know in 2026

Top 10 Richest Persons in West Bengal (2026) – Who Is the Richest Man Today?

1. Benu Gopal Bangur — $6.6 Billion | Shree Cement
Benu Gopal Bangur was born in 1931 into a Marwari family in Kolkata and studied at Calcutta University. In 1991, when the family divided its business into five parts, he inherited the cement division and transformed it into Shree Cement. 

He introduced advanced technology, efficient operations, and sustainable practices, which helped make Shree Cement one of the lowest-cost producers in India. He served as executive chairman until January 2012, when he handed over leadership to his son Hari Mohan Bangur. He now holds the title of Chairman Emeritus and is one of India’s oldest active billionaires. 

He has also been awarded the Padma Bhushan, one of India’s highest civilian honours.

2 Sajjan Kumar Patwari $5.3 Billion | Rashmi Metaliks (Rashmi Group)
Sajjan Kumar Patwari is the Chairman and Founder of the Rashmi Group, one of India’s major industrial conglomerates headquartered in Kolkata. He established the group with a long-term vision focused on development, quality, speed, and reliability.

Under his leadership, Rashmi Group diversified into multiple sectors, including Iron and Steel, Cement, Power, Ferro Alloys, and Mining. The group operates large integrated manufacturing facilities and has built a strong presence in India’s core industrial infrastructure sector.

Over the years, Sajjan Kumar Patwari has received several prestigious recognitions. These include the Economic Times Industry Leadership Award in 2023, the Lifetime Achievement Award at the 6th Indian Iron Ore and Pellet Summit, and the EdelGive Hurun India Transformational Philanthropist of the Year Award in 2025.

In 2023, Sajjan Kumar Patwari and his family were ranked 73rd on the Hurun India Rich List, with an estimated net worth of ₹26,200 crore, placing them among the wealthiest industrial families in India.

Also check- the top 10 richest persons of Karnataka!

3. Sunil Kumar Patwari — $5.3 Billion each | Rashmi Metaliks (Rashmi Group)

Sunil Kumar Patwari is the eldest son of Sajjan Kumar Patwari and serves as a Director within the Rashmi Group. He plays a key leadership role in managing the group’s operations and strategic expansion.

He is widely credited with modernising the Rashmi Group by introducing advanced technologies and expanding its global footprint. Sunil Kumar Patwari oversees the day-to-day operations of several group companies, including Rashmi Rare Earth Limited, which focuses on electronics manufacturing.

In late 2019, he was briefly involved in an investigation by the Directorate of Revenue Intelligence regarding alleged customs duty evasion linked to electronics imports. The matter drew regulatory attention at the time.

4. Sanjiv Goenka & Family — $4.0–4.9 Billion | RPSG Group / CESC
Sanjiv Goenka was born on January 29, 1961, and is the founder and chairman of the RPSG Group, headquartered in Kolkata. He formed the group in 2011 after the division of the family-owned RPG Enterprises. His group includes companies such as CESC Limited, Spencer’s Retail, and Saregama. 

Today, the RPSG Group operates across power and energy, carbon black, retail, FMCG, IT services, media, entertainment, and sports. He also owns the IPL cricket team Lucknow Super Giants and the football club Mohun Bagan. He was ranked 65th on Forbes India’s rich list in 2024 with a net worth of $4.9 billion. He received the Padma Bhushan in 2016 and made headlines by acquiring the Lucknow IPL franchise for ₹7,090 crore in 2021. He also acquired a 70 percent stake in Manchester Originals in England’s The Hundred cricket competition.

5. Ravi Modi — $3 Billion | Vedant Fashions (Manyavar)
Ravi Modi was born in 1977 in Kolkata and began working at his father’s small 140 square foot clothing shop at the age of 13. After completing his commerce degree from St. Xavier’s College, he started Vedant Fashions with just ₹10,000 borrowed from his mother. He built Manyavar into one of India’s leading ethnic wear brands, especially in the wedding clothing segment. Today, Vedant Fashions operates over 690 stores across more than 260 cities and five countries, including the UAE, USA, UK, and Canada. 

The company went public in February 2022. He also expanded into women’s ethnic wear with the Mohey brand in 2015 and acquired the South Indian brand Mebaz in 2017. His son Vedant Modi, who studied Data Science at University College London, now serves as Chief Revenue Officer.

6. Radhe Shyam Goenka & Family — $1.5 Billion | Emami
Radhe Shyam Goenka was born on February 19, 1946, in Kolkata and studied at St. Xavier’s College and Calcutta University. In 1974, he co-founded Emami with his childhood friend Radhe Shyam Agarwal, with an initial investment of just $2,600 borrowed from his father. 

Over the years, Emami grew into a global FMCG company with annual revenues exceeding $1.3 billion. His sons Mohan Goenka and Manish Goenka now hold key leadership roles, while the founders stepped down from executive responsibilities in April 2022. 

He was also involved in the AMRI Hospital case in 2011, which became one of the most serious corporate legal cases in West Bengal.

7. Dipankar Chatterjee & Family — $800 Million | Luxmi Tea
Luxmi Tea was originally founded in 1912 by freedom fighter Paresh Chandra Chatterjee, making him one of the first Indians to own tea estates. Dipankar Chatterjee joined the business in 1968 and later took full leadership in the 1980s. He expanded the company significantly, building a tea business that now produces around 23 million kilograms of tea annually from 25 estates across Assam, Tripura, Darjeeling, and Rwanda. 

The company supplies tea to major global brands such as Twinings, Taylors of Harrogate, and Fortnum & Mason.

 Today, the third generation, led by Rudra Chatterjee, manages the business. In 2015, Prime Minister Narendra Modi gifted tea from their Makaibari estate to Queen Elizabeth II during his UK visit.

8. Bajrang Lal Kheruka & Family — $155 Million+ | Borosil Glass Works
Bajrang Lal Kheruka originally worked in the jute trading business, but when that industry declined, he shifted into glass manufacturing. He travelled to Germany and Japan to understand the industry before making his move. In 1988, he acquired Corning Glass Works’ majority stake in Borosil, making his family the owner. 

He later moved the company’s base to Mumbai and expanded it nationwide. Borosil became a leading brand in laboratory glassware, kitchenware, and solar glass. He stepped down as executive chairman in 2019, and the business is now run by his son, Pradeep and grandson Shreevar Kheruka.

9. Radhe Shyam Agarwal & Family — $130 Million+ | Emami
Radhe Shyam Agarwal was born on February 18, 1946, in Kolkata and studied at St. Xavier’s College and Calcutta University. He co-founded Emami in 1974 with Radhe Shyam Goenka, using just $2,600. They built the company into a global FMCG business with more than 300 products, including Zandu Balm and BoroPlus.

 He stepped down from executive roles in 2022, and his sons Aditya and Harsh Agarwal now lead the company. He was also involved in the AMRI Hospital case in 2011. 

10. Mahabir Prasad Agarwal — ~$44 Million | Shyam Metalics & Energy
Mahabir Prasad Agarwal founded Shyam Metalics in 1991 and built it into one of India’s major ferro alloys and steel producers. The company serves over 25,000 customers globally and generates annual revenue of around ₹30,000 crore. Its products include sponge iron, billets, TMT bars, stainless steel, and aluminium products. 

He stepped down as chairman in May 2025 and became Chairman Emeritus, with Brij Bhushan Agarwal taking over leadership. The company was listed on NSE and BSE in June 2021.

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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.

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