New Delhi: Radhakishan Damani, promoter and owner of Avenue Supermarkets, a company that operates the D-Mart retail chain, has joined the world's top 100 richest people. According to the Bloomberg Billionaires Index, Damani is now the 97th richest person in the world to have a net worth of Rs 1.43 lakh crore ($19.3 billion).

On March 1, 2020, his net worth was $12 billion, which has now increased 60 percent to $19.3 billion. Tell you that shares of Avenue Supermarkets have gained 61 percent in the last year. The company is almost over the impact of the corona epidemic. avenue supermarkets limited operates to the D-Mart company. The company has made a net profit of Rs 115.13 crore. At the same time, revenue has also increased by 31 percent.

It may be recalled that this year Damani has bought a luxurious 5752,22 sq m bungalow in Malabar Hills, Mumbai. He has purchased this property for Rs 1,001 crores. Damani and Promoter Group have a 74.90 percent partnership in the Avenue Supermarts. Damani also has investments in some other companies, which has helped him gain net worth. He has an 11.3 percent stake in India Cements, 26 percent in VST Industries, 2.4 percent in Sundaram Finance.

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