Murli Dhar Gyanchandani, the owner of RSPL Group, holds the title of the richest person in UP. He is the owner of famous detergent brand ‘Ghadi.’ His total wealth amounts to approximately Rs 183 billion, equivalent to 2.2 billion dollars.
Lucknow: Every Indian knows about the richest man in India, but do you know who the wealthiest person in Uttar Pradesh is? Murli Dhar Gyanchandani, the owner of RSPL Group, holds the title of the richest person in UP. He is the owner of famous detergent brand ‘Ghadi.’ Remarkably, he also owns the shoe company ‘Red Chief.’ According to the Hurun Global Rich List 2024, he ranked 1632nd; his brother Bimal Gyanchandani is ranked as the 2279th richest person in the world and the second wealthiest in Uttar Pradesh.
Immense wealth
Murli Dhar Gyanchandani’s immense wealth surpasses the wealth of even the prominent businessmen of Noida. His total wealth amounts to approximately Rs 183 billion, equivalent to 2.2 billion dollars. His brother Bimal Gyanchandani made it to the list for the first time with a wealth of Rs 125 billion equalling 1.5 billion dollars. Interestingly, Murli Dhar’s wealth stood at Rs 108 billion last year, and since then it has achieved a significant increase.
Ghadi
Ghadi is a popular detergent brand in India that has a catchy jingle. Dayaldas Gyanchandani, the father of Murli Dhar and Bimal Gyanchandani launched the soap brand. Prior to this endeavour, soap was typically made using oil, but Dayaldas introduced the use of glycerine in soaps which revolutionised the market landscape.
Later in the year 1987, Murli Dhar and Bimal established the foundation of ‘Ghadi.’ It was initially named Shri Mahadev Soap Industry. The brothers delivered the products to the local shops themselves to sustain their families. Gradually, this soap brand gained significant popularity in the market, establishing the two brothers as the richest men in Uttar Pradesh.
Red Chief
RSPL Group further expanded its business by introducing a new line of leather shoes and men’s accessories. Red Chief is another popular brand under the RSPL operations. The brand is renowned for selling affordable and high-quality shoes. This business endeavour further helped the company to become a prominent enterprise in Kanpur.
Last Updated Mar 31, 2024, 10:22 AM IST