CEO of Patanjali, Acharya Balakrishna has just made it to the prestigious Hurun India Rich List 2016, concluding at the 25th place out of 339 persons in India. His net fortune till date is of Rs 25,600 crore.
We all know how Patanjali is growing to be the most loved household name these days, which is valued at $450 million and earning revenues of $740 million, in accordance to Credit Lyonnais Securities Asia (CLSA) and HSBC Holdings. It’s all due to Patanjali’s herbal products and brand image of Baba Ramdev.
But are you aware that 94 percent of Patanjali is owned by Acharya Balakrishna and Baba Ramdev is just the face of the Patanjali Empire?
The Hurun Report is a analysis unit based in China, recognized for its annual China-rich list. The company began its India operations in 2012.
