Rama Prasad Goenka
Diversified

Rama Prasad Goenka Net Worth

Rama Prasad Goenka, born in India on March 01, 1930, is the Chairman Emeritus of RPG Enterprises, a conglomerate with interests in power, tea, tyres, and software. His biggest holdings are the power generation company CESC and the power transmission unit KEC International. Recently, the Group's Philips Carbon Black has been reportedly bidding for the carbon black unit of Germany's Evonok Industries. Goenka has divided his empire between his two sons, Harsh and Sanjiv, but continues to run the plantations company Harrisons Malayalam, which produces tea, rubber and pepper. Harsh is also a collector of contemporary Indian art.
Rama Prasad Goenka is a member of Diversified

Age, Biography and Wiki

Birth Day March 01, 1930
Birth Place India
Age 90 YEARS OLD
Died On 14 April 2013(2013-04-14) (aged 83)\nKolkata, West Bengal, India
Birth Sign Aries
Alma mater Presidency College, Kolkata Harvard University
Occupation Industrialist, Founder, Chairman Emeritus RPG Group
Children Harsh Goenka Sanjiv Goenka

💰 Net worth: $1.3 Billion (2024)

Rama Prasad Goenka, a renowned business tycoon in India, is estimated to have a net worth of $1.3 billion by 2024. Known for his diverse business interests, Goenka has successfully established a business empire across various industries in India. His entrepreneurial expertise and strategic decision-making have propelled him to achieve immense wealth and influence. With interests spanning across sectors like chemicals, textiles, and real estate, Goenka's diversified ventures have consistently generated substantial returns, contributing to his impressive net worth.

2010 $1.3 Billion
2011 $1.3 Billion
2018 $1.3 Billion

Biography/Timeline

1970

The Goenka family belongs to the Marwadi community of money-lenders and tradesmen, and hails originally from Rajasthan in western India. As early as the 19th century, an enterprising member of the family, Ramdutt Goenka, set up base in Kolkata, which was then the capital of India, and a major commercial hub of the British Empire. The family prospered in its traditional vocations of money-lending and trade. It was in the 1970s that Rama Prasad Goenka (b.1930) leveraged the family's wealth to take over a variety of industries and corporates and thus create a ready-made Business conglomerate. Many of these corporates were stressed due to the socialistic policies and the "License Raj" then prevalent in India, and others were marked by the disagreements within the families of their owners. In a series of takeovers, RPG acquired such companies relatively cheap and used his financial resources and Business acumen to make them viable. In this way, by the end of the 20th century, RPG had cobbled together a significant Business empire. The Goenka Business empire is remarkable for two things: firstly, the fact that none of their major ventures were founded by them, all being take-overs; and secondly, the resultant diversity and incoherence of these companies.

1980

Through a series of mergers and acquisitions including the likes of Dunlop India and CESC in 1980, CEAT Tyres in 1982, RPG Life Sciences (then Searle India) and KEC International in 1985, the Gramophone Co. of India (now Saregama) in 1986, Spencers and Harrisons Malayalam in 1988, Bayer India, Firstsource Solutions Limited in 2012 and many more, R. P. Goenka came to be known as the 'takeover king' in his heyday.

2013

Goenka died on 14 April 2013 in Kolkata. He had two sons, elder Harshvardhan and younger Sanjiv.

About the author

Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.