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
IndiaSource of wealth
Industrial explosivesResidence
Nagpur, IndiaMarital status
MarriedBirth date
07/25/52 (age 72)Number of children
2Self-made
self-madeSatyanarayan 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
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