With A Net Worth Of $3.8 Billion, Patanjali CEO Becomes One Of The Richest Men In The Country!

Brace your seats because this is going to hit you hard.

Acharya Balakrishna trusted aide of Baba Ramdev and CEO of Patanjali is today a billionaire, making him one of the richest men in the country. 

The marketplace in the country is crowded by a variety of brands, Pidilite, Amul, Godrej, ITC, Unilever. And you might want to think that one of them must be leading the FMCG market in India. Well, you can’t be more wrong. Patanjali expects to hit a turnover of Rs 10,000 crore in 2017!

If Acharya Balakrishna is a billionaire, it makes you wonder about Baba Ramdev? Well, not half as much as you’d expect. According to Financial express, 94% of Patanjali is owned by Acharya Balakrishna.

Turns out that Baba Ramdev is probably just a face of Patanjali or maybe not.

Patanjali was launched by Baba Ramdev and Balakrishna 10 years ago and today they sell more than 500 products under the brand name. 

Speaking about the time he started Balakrishna speaks to financial express, “I had to take Rs 50-60 crore personal loan. Prior to this, I did not even have a personal account in a bank.”

According to Hurun India Rich List, Acharya Balakrishna owns a wealth of whopping Rs. 25, 600 crore ($ 3.8 billion), making him one of the richest men in the country. 

Competing with multinational brands and establishing Patanjali as the most loved household brand in the country must have been a grave challenge, but Archarya Balakrishna and Baba Ramdev fought all odds.

News Source: Financial Express

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