Lachhman Das Mittal
$5.67B
as of 10/04/24
About Lachhman Das Mittal
Lachhman Das Mittal started his business career in 1990 at age 60 after retiring from the state-owned Life Insurance Corporation of India.
Today his Sonalika Group is India's third-largest tractor maker by market share.
Japanese firm Yanmar has a 30% stake in his tractor outfit International Tractors.
Mittal has handed over operations to his sons Amrit Sagar and Deepak and grandsons Raman, Sushant and Rahul, but remains keenly interested in the business.
Personal stats
Citizenship
IndiaSource of wealth
TractorsResidence
Delhi, IndiaMarital status
WidowedBirth date
11/05/30 (age 93)Number of children
5Education
Bachelor of Arts/Science, Punjab University; Master of Arts, Punjab UniversitySelf-made
inherited and growingLachhman Das Mittal’s fortune is worth
95K
troy ounces of gold
87K
median U.S. household
57K
median U.S. income
0.113%
U.S. credit card volume
0.023%
GDP of the United States
0.017%
United States debt
Net worth history
Annual ranking
Did you know?
His daughter Usha Sangwan was the first woman managing director of the Life Insurance Corporation of India, the state-owned ife insurer. She has since retired.
Net worth over time
Real-time ranking
Images © Forbes.com. All rights reserved.