Vikram Lal & family
$8.2B
as of 10/04/24
About Vikram Lal & family
Two-wheeler tycoon Vikram Lal's Eicher Motors makes the iconic Royal Enfield motorbikes.
Eicher, which has three factories in India, sold more than 900,000 bikes in the fiscal year ended March 2024, an 11% growth from the previous year.
His son Siddhartha stepped down as chief executive in 2019 but stayed on as managing director. In 2021, shareholders opposed his proposed salary hike.
Eicher has a joint venture with Sweden's Volvo to make trucks and buses.
Vikram's father Man Mohan Lal founded a tractor shop called Goodearth in 1948 and went on to partner with German firm Eicher to make tractors.
Personal stats
Citizenship
IndiaSource of wealth
MotorcyclesResidence
Delhi, IndiaMarital status
MarriedBirth date
03/05/42 (age 82)Number of children
3Self-made
inherited and growingVikram Lal & family’s fortune is worth
137K
troy ounces of gold
126K
median U.S. household
82K
median U.S. income
0.164%
U.S. credit card volume
0.033%
GDP of the United States
0.024%
United States debt
Net worth history
Annual ranking
Related people
Did you know?
Royal Enfield is the oldest motorcycle in continuous production, since 1901, in the world.
Net worth over time
Real-time ranking
Financial assets
BSE INDIA | 505200-IN
Eicher Motors Ltd.Images © Forbes.com. All rights reserved.