Mangal Prabhat Lodha
$13.13B
$239.8M (-1.8%)
as of 07/02/24
About Mangal Prabhat Lodha
Politician and property magnate Mangal Prabhat Lodha founded developer Lodha group in Mumbai in 1980, now known as Macrotech Developers.
A native of the desert state of Rajasthan, Lodha started off by building middle-class homes in Mumbai's far-flung suburbs.
After his sons Abhishek and Abhinandan joined the business in 2003, the firm went on an expansion binge picking up prime land parcels. Abhinandan has since left the business.
Lodha built Mumbai's Trump Tower, a 75-story luxury skyscraper, located in a complex called The Park, in midtown Mumbai.
In 2021, Lodha completed Macrotech's long-delayed IPO.
Personal stats
Citizenship
IndiaSource of wealth
Real estateResidence
Mumbai, IndiaMarital status
MarriedBirth date
12/01/55 (age 68)Number of children
2Self-made
self-madeMangal Prabhat Lodha’s fortune is worth
219K
troy ounces of gold
202K
median U.S. household
131K
median U.S. income
0.263%
U.S. credit card volume
0.053%
GDP of the United States
0.039%
United States debt
Net worth history
Annual ranking
Related people
Did you know?
Lodha was the Mumbai president of the ruling Bharatiya Janata Party until 2022.
Net worth over time
Real-time ranking
Financial assets
BSE INDIA | 543287-IN
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