- Ignatius Navil Noronha, CEO of Avenue Supermarts which runs D-Mart stores, has emerged as the wealthiest Indian CEO with more than Rs 3,100 net worth of crore.
- Aditya Puri, Managing Director of HDFC Bank, was second on the list of the richest non-promoter professionals, with a net value of Rs 943
If you are wondering that CEOs & CFOs of these swanky startups are the coolest and richest, I want you to take a breath and look carefully, the wealthiest Indian CEO comes from the traditional groceries and retail business. Not an alumnus of illustrious IIT+IIM combo or not a tech whizkid, Ignatius Navil Noronha, CEO of Avenue Supermarts which runs D-Mart stores, has emerged as the country’s richest professional with more than Rs 3,100 net worth of crore.
His boss Radhakishan Damani, the reclusive founder of Avenue Supermarts, is now the second-richest person in India with a net worth of $17.8 billion, next to Mukesh Ambani alone. Ramakant Baheti, DMart’s CFO with Rs 666 crore-value shares, is now India’s third-richest on the top professional list. The net-worth figures are, of course, purely based on the shares they own in the companies they run, and these estimates do not include salaries and other aspects of compensation.