According to a report, as much as 94 percent of Patanjali is owned by Acharya Balakrishna.He has also stormed into the Hurun India Rich List with a wealth of Rs 25,600 crore (around $3.8 billion).He was ranked 26 among 339 in the list with individuals having Rs 1,600 crore. Patanjali registered a turnover of Rs 5000 crore and expects to hit Rs 10,000 crore in 2017 as per Hurun India Rich List report. “Yoga Acharya’s Patanjali took the market by storm and is eating away market share of other multinational FMCG’s.
Acharya Balakrishna have 94% of share and Ramdev has 6% of Patanjali
Acharya Balakrishna trusted aide of Baba Ramdev is one of the richest persons in the country, thanks to Patanjali. He is the CEO of Patanjali is today a billionaire. Patanjali expects to hit a turnover of Rs 10,000 crore in 2017!
If Acharya Balakrishna is a billionaire, it makes you wonder about Baba Ramdev? Well, not half as much as you’d expect. According to Financial express, 94% of Patanjali is owned by Acharya Balakrishna.
Patanjali was launched by Baba Ramdev and Balakrishna 10 years ago and today they sell more than 500 products under the brand name.
Speaking about the time he started Balakrishna speaks to financial express, “I had to take Rs 50-60 crore personal loan. Prior to this, I did not even have a personal account in a bank.”
According to Hurun India Rich List, Acharya Balakrishna owns a wealth of whopping Rs. 25, 600 crore ($ 3.8 billion), making him one of the richest men in the country.