Radhe Shyam Agarwal

$1.33 B

Ranked #2682 in World

About Radhe Shyam Agarwal

Radhe Shyam Agarwal, an illustrious Indian entrepreneur and the co-founder of Emami Group, has marked his name among the top 100 richest Indians with a net worth of $1.43 billion as of 2015. Born into a Marwari family in Kolkata, on February 18, 1946, Agarwal's academic journey spans from St. Xavier's College to becoming a Chartered Accountant and a Company Secretary, cementing his expertise in finance and law. His venture into the business world began with the Emami Group in 1974, alongside his school friend Radhe Shyam Goenka, growing a mere $2600 loan into a global conglomerate with revenues over $1.3 billion. Apart from holding pivotal roles within the Emami Group, Agarwal has contributed to various sectors as a Director at Zandu Realty and a trustee within Kolkata's commercial circles. Despite his business accolades, Agarwal faced serious allegations when, in 2011, a tragic fire at AMRI Hospital in Kolkata, a part of the Emami Group, led to 92 fatalities, bringing forth charges of negligence against him and Goenka. Residing in Kolkata with his family, Agarwal's journey encapsulates the highs and lows of a distinguished career in India's corporate landscape.

Born

February 01, 1945 in Calcutta, Bengal Presidency, British India

Age

81 years

Source Of Wealth

Consumer Goods

Industries

Fashion & Retail

Citizenship

India

Residence

Kolkata

Education

LLB, Calcutta University; M.Com, Calcutta University; Chartered Accountant, Institute of Chartered Accountants of India; Company Secretary, Institute of Company Secretaries of India

Radhe Shyam Agarwal, popularly known as R S Agarwal, was born on 18th February 1946 in Kolkata, India. He hails from a Marwari family and completed his college education at St. Xavier's College in Kolkata. Agarwal holds an LLB and an M.Com degree from Calcutta University and is also a Chartered Accountant from the Institute of Chartered Accountants of India. Additionally, he is a Company Secretary from the Institute of Company Secretaries of India.

After completing his education, Agarwal joined the Aditya Birla Group in 1970 as a vice president.

Radhe Shyam Agarwal: Family

R S Agarwal is married to Usha Bansal and the couple has three children: two sons, Aditya Agarwal and Harsh Agarwal, and a daughter, Priti Agarwal Sureka. The entire Agarwal family is actively involved in the Emami group of companies and resides in Kolkata, India.

Radhe Shyam Agarwal: Career Highlights

In 1974, R S Agarwal co-founded Emami, a cosmetics company, along with his school friend Radhe Shyam Goenka. With a humble beginning and a capital of $2600 borrowed from Goenka's father, Emami has grown into a global group of companies with revenue exceeding $1.3 billion.

Agarwal currently holds several key positions within the Emami group. He serves as the Joint Chairman and Director of Emami group of companies, Executive Director of Emami, and Director of Zandu Realty. He has also served as the Director of West Bengal Industrial Development Corporation and is a Trustee of Merchant Chamber of Commerce and Industries.

Radhe Shyam Agarwal: Companies

R S Agarwal is associated with the following companies:

Emami group of companies
Emami
Zandu Realty

Radhe Shyam Agarwal: Major Achievements

Under the leadership of R S Agarwal and his co-founder, Emami has achieved remarkable growth and success. Some of the major achievements of the company include:

Emami has become a leading player in the Indian FMCG (Fast-Moving Consumer Goods) industry.

The company has a strong presence in over 60 countries worldwide.
Emami's product portfolio includes a wide range of personal care, healthcare, and food products.
The company has a strong distribution network with over 3 million retail outlets in India.

Radhe Shyam Agarwal: Awards & Achievements

R S Agarwal has received numerous awards and recognitions for his contributions to the business world. Some of the notable awards include:

Padma Shri Award (2010) by the Government of India for his contributions to trade and industry.
Ernst & Young Entrepreneur of the Year Award (2008) in the Consumer Products category.
FICCI Businessman of the Year Award (2007).
CNBC-TV18 India Business Leader Award (2006).

Radhe Shyam Agarwal: Personal Life & Legacy

R S Agarwal is known for his philanthropic activities and has made significant contributions to various social causes. He is actively involved in supporting education, healthcare, and rural development initiatives. Agarwal's legacy lies in his entrepreneurial spirit, business acumen, and commitment to social responsibility.

Radhe Shyam Agarwal: Trivia

R S Agarwal is among the top 100 richest Indians, with a net worth of $1.43 billion (2015).
He is a keen golfer and enjoys playing the sport in his leisure time.
Agarwal is also an avid reader and has a personal library with a vast collection of books.
In 2011, Agarwal and his co-founder Radhe Shyam Goenka were arrested in connection with the AMRI Hospital fire tragedy that resulted in the deaths of 92 people.

Wealth History

Timeline

18 February 1946

Radhe Shyam Agarwal was born in Kolkata, India.

1970

Agarwal joined Aditya Birla Group as vice president.

1974

Agarwal co-founded Emami, a cosmetics company, with Radhe Shyam Goenka.

2011

An AMRI Hospital in Kolkata caught fire, resulting in the deaths of 92 people. Agarwal and Goenka, as directors of the hospital chain, were among seven arrested for negligently causing the deaths.

Radhe Shyam Agarwal : FAQs

What is Radhe Shyam Agarwal's net worth?

As of 2025, Radhe Shyam Agarwal's net worth was $1.33 billion.

What is the recent change in Radhe Shyam Agarwal's net worth?

Radhe Shyam Agarwal's net worth increased by 0.16 million dollars recently, a 0.01% increase, with his net worth standing at 1.33 billion dollars.

What are Radhe Shyam Agarwal's main sources of wealth?

Radhe Shyam Agarwal's main source of income comes from Consumer Goods.

In which industry does Radhe Shyam Agarwal primarily operate?

Radhe Shyam Agarwal is primarily involved in the Fashion & Retail industry.

What is Radhe Shyam Agarwal educational background?

Radhe Shyam Agarwal holds a LLB from Calcutta University, a M.Com from Calcutta University, a Chartered Accountant from Institute of Chartered Accountants of India and a Company Secretary from Institute of Company Secretaries of India.

How old is Radhe Shyam Agarwal?

Radhe Shyam Agarwal is 81 years old.

How many children does Radhe Shyam Agarwal have?

Radhe Shyam Agarwal has 3 children.

Who is Radhe Shyam Agarwal and what is his contribution to the business world?

Radhe Shyam Agarwal is an Indian entrepreneur, co-founder, and executive chairman of Emami, a globally recognized group of companies. He is noted among the top 100 richest Indians with a net worth of $1.43 billion as of 2015.

How did the Emami Group start and reach its global presence?

Emami Group was co-founded in 1974 by Radhe Shyam Agarwal and his school friend Radhe Shyam Goenka with a starting capital of $2600 borrowed from Goenka's father. Over the years, Emami has expanded into a global group of companies with revenues exceeding $1.3 billion.

Can you outline the key positions Radhe Shyam Agarwal holds within the Emami Group and other associations?

Radhe Shyam Agarwal serves as the Joint Chairman and Director of Emami group of companies, Executive Director of Emami, Director of Zandu Realty, and has roles in West Bengal Industrial Development Corporation and the Merchant Chamber of Commerce and Industries.

What family tragedy was associated with Radhe Shyam Agarwal and the Emami Group?

In 2011, an AMRI Hospital in Kolkata, associated with the Emami Group, caught fire leading to the deaths of 92 people. Radhe Shyam Agarwal, along with Goenka, was arrested on charges including culpable homicide, marking it as the largest hospital tragedy in India at the time.