Satyanarayan Nuwal

$5.2B
as of 10/04/24

About Satyanarayan Nuwal

Satyanarayan Nuwal started Solar Industries India in 1995 to trade in industrial explosives then started manufacturing them.

The biggest chunk of its annual revenue is from exports, followed by housing and infrastructure, state-owned coal companies and the defense sector.

The son of a government employee, Nuwal set up his first business, an ink manufacturing unit in 1970 at age 18.

It has 25 manufacturing locations across India and exports to more than 50 countries.

Nuwal and his brother Kailashchandra, also a billionaire, have been embroiled in a feud since 2020.

Personal stats

Citizenship

India

Source of wealth

Industrial explosives

Residence

Nagpur, India

Marital status

Married

Birth date

07/25/52 (age 72)

Number of children

2

Self-made

self-made

Satyanarayan Nuwal’s fortune is worth

87K

troy ounces of gold

80K

median U.S. household

52K

median U.S. income

0.104%

U.S. credit card volume

0.021%

GDP of the United States

0.015%

United States debt

Net worth history

Annual ranking

Did you know?

He used to sleep at the railway station when he was broke.

Net worth over time

Real-time ranking

Financial assets

BSE INDIA | 532725-IN

Solar Industries India

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