Subhash Runwal

$1.40 B

Ranked #2020 in World

About Subhash Runwal

Subhash Runwal, a prominent Indian real estate mogul and the visionary behind the Runwal Group, has made significant strides in the industry with a personal net worth of $1 billion. Born in a modest Marwadi Jain family in Maharashtra, Runwal moved to Mumbai at 21, initially working as an accountant before launching his real estate venture in 1978. Today, his company is celebrated for pioneering residential and commercial projects in Mumbai and its surrounding areas. It boasts partnerships with notable investors like the Singapore government's GIC and owns several malls. A respected figure in the community, Runwal has been honored with the Samaj Ratna Award in 2015 and holds leadership positions in various Jain organizations. With his wife Chanda and three children, including sons Sandeep and Subodh who have joined the family business, Runwal's legacy in Indian real estate continues to grow.

Born

May 22, 1943

Age

82 years

Source Of Wealth

Real Estate

Industries

Real Estate

Citizenship

India

Residence

Mumbai

Education

Chartered Accountant, Institute of Chartered Accountants of India; B.Com, Pune University

Subhash Runwal was born on 25th May in a Marwadi Jain family in a small town in Maharashtra. He was one of five siblings. In pursuit of higher education, he left his hometown, Dhulia, to study commerce in Pune city. After graduating in commerce, he moved to Mumbai at the age of 21 with less than $2 in his pocket. Determined to build a successful career, he pursued chartered accountancy.

Subhash Runwal: Family

Subhash Runwal is married to Chanda Runwal and together they have three children - two sons, Sandeep and Subodh, and a daughter, Sangeeta. Both Sandeep and Subodh are actively involved in the family's real estate business.

Subhash Runwal: Career Highlights

Subhash Runwal's career took a significant turn in 1978 when he founded the Runwal Group. With a strong vision and entrepreneurial spirit, he purchased a 22-acre plot in Mumbai's central suburb, laying the foundation for the company's remarkable growth.

Subhash Runwal: Companies

Subhash Runwal is the founder and chairman of the Runwal Group, a leading real estate company in India. The group is renowned for building homes in Mumbai and its suburbs, transforming the city's skyline with its iconic residential and commercial projects.

Subhash Runwal: Major Achievements

Under Subhash Runwal's leadership, the Runwal Group has achieved remarkable success. The company has developed over 70 residential and commercial projects, spanning more than 25 million square feet of constructed space. Runwal Group's projects are known for their high-quality construction, innovative designs, and customer-centric approach.

Subhash Runwal: Awards & Achievements

Subhash Runwal's contributions to the real estate industry have been widely recognized. In 2015, he was honored with the prestigious Samaj Ratna Award by the President of India. This award is a testament to his outstanding achievements and his commitment to social welfare.

Subhash Runwal: Personal Life & Legacy

Subhash Runwal is known for his philanthropic endeavors and his dedication to social causes.

He is actively involved in various charitable organizations and has made significant contributions to education, healthcare, and community development. His commitment to giving back to society has left a lasting legacy.

Subhash Runwal: Trivia

Despite his immense wealth and success, Subhash Runwal is known for his humble and down-to-earth nature. He is often seen interacting with his employees and customers, always willing to lend a helping hand. His dedication to his work and his commitment to excellence have made him an inspiration to many aspiring entrepreneurs.

Wealth History

Timeline

25 May

Subhash Runwal was born in a Marwadi Jain Family, one of five siblings.

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Left Dhulia to study commerce in Pune city.

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Graduated in commerce, moved to Mumbai at age 21 with less than $2.

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Pursued chartered accountancy.

1978

Founded Runwal Group.

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Purchased a 22-acre plot in Mumbai's central suburb.

2015

Awarded the Samaj Ratna Award by the President of India.

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Served as President of Jain International Trade Organisation.

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Served as President of Bharat Jain Mahamandal.

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Served as Treasurer of World Jain.

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Served as Trustee of Mahavir Foundation and Subhash Runwal Education Foundation.

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Married to Chanda, has two sons (Sandeep, Subodh) and one daughter (Sangeeta).

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Sons Sandeep and Subodh are involved in the real estate business.

Subhash Runwal : FAQs

What is Subhash Runwal's net worth?

As of 2023, Subhash Runwal's net worth was $1.40 billion.

What are Subhash Runwal's main sources of wealth?

Subhash Runwal's main source of income comes from Real Estate.

In which industry does Subhash Runwal primarily operate?

Subhash Runwal is primarily involved in the Real Estate industry.

What is Subhash Runwal educational background?

Subhash Runwal holds a Chartered Accountant from Institute of Chartered Accountants of India and a B.Com from Pune University.

How old is Subhash Runwal?

Subhash Runwal is 82 years old.

How many children does Subhash Runwal have?

Subhash Runwal has 3 children.

Who is Subhash Runwal and what is his contribution to the Indian real estate sector?

Subhash Runwal is a renowned Indian real estate entrepreneur, founder, and chairman of Runwal Group, a company known for its significant contributions to developing residential and commercial properties in Mumbai and its suburbs. His net worth is around 1 billion dollars, and he's recognized for bringing quality homes to Mumbai. Additionally, Runwal Group owns several malls with the Singapore government's GIC as a key investor.

What is the background and early life of Subhash Runwal?

Subhash Runwal was born on 25 May in a Marwadi Jain Family, one of five siblings, in the small town of Dhulia. He left Dhulia to study commerce in Pune city, moved to Mumbai at age 21 with less than $2, and pursued chartered accountancy. Before entering the real estate business in 1978, he worked as an accountant for nearly a decade.

How did Subhash Runwal start Runwal Group and what are its achievements?

Subhash Runwal founded Runwal Group in 1978 after purchasing a 22-acre plot in Mumbai's central suburb. Under his leadership, the group has become a landmark in Mumbai’s real estate scene, known for its quality residential and commercial projects.

What awards and honors has Subhash Runwal received?

Subhash Runwal was honored with the Samaj Ratna Award by the President of India in 2015, recognition of his contributions to society and the real estate industry.

Can you tell us about Subhash Runwal's family and involvement in social organizations?

Subhash Runwal is married to Chanda and is a proud father of two sons, Sandeep and Subodh, and a daughter, Sangeeta. Both of his sons are involved in the real estate business. Additionally, he serves in several significant positions across various organizations, including as President of Jain International Trade Organisation, President of Bharat Jain Mahamandal, Treasurer of World Jain, and Trustee of both Mahavir Foundation and Subhash Runwal Education Foundation.