Patanjali CEO Acharya Balkrishna Becomes India’s One of Richest Person

44-year-old Acharya Balkrishna, CEO of Patanjali, is now officially one of the richest people in India. According to the Hurun India Rich List in India of 2016, Acharya wealth is a whopping Rs 25,600 crore (about $3.9 billion).

Acharya Balakrishna

A close associate of Baba Ramdev, Acharya has a unique approach to work. According to the report by The Financial Express, Acharya does not use a computer and prefers to use printouts. He uses the iPhone, wears a traditional white dhoti and kurta, and mostly spoke in pure Hindi. Patanjali’s family celebrated its birthday (04 Aug), as the “Jadi Booti Divas” (Herb Day).

In 2011, the CBI had been arrested him on charges of fraud and forgery, reports Business Standard. In addition, it was alleged that he had a gun without a legal permit. The Enforcement Directorate soon filed a case against him on charges of money laundering, who was dismissed after two years of investigation, as no evidence was found against Acharya. CBI case against him has not yet been concluded.

With an aggressive approach to capture markets, Patanjali group has established itself among the biggest Indian FMCG firm. Nearly 94 percent of the company is owned by Acharya, who finished 26th in the list of 339 richest people in India.

 
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