How Acharya Balkrishna net worth is that much?
Patanjali Ayurveda is an Indian FMCG company. Swami Balkrishna is a childhood friend of Baba Ramdev (a famous yoga guru), with whom he founded the company and became the co-founder of Patanjali Ayurveda.
He is not that flamboyant, he is not very social, you might even think of him as a sage, and in fact he really is. Still, he has made it to the Forbes Richest Indians lists with a credible rank of #48 and the person we are talking about is the spearhead of Patanjali Ayurveda, Acharya Balkrishna. He holds 97% stake in this giant corporation and his total net worth in 2017, calculated by Forbes has been amounted to $2.5 Billion.
Net Worth - $2.5 Billion
Born: August 4, 1972 (age 44), Nepal
Citizenship - Indian
Marital Status - Single
Education - Sampurnanand Sanskrit University
Co-founder - Patanjali Ayurveda
Income Resource - Consumer Goods, Self Made
Designation - M.D (Patanjali Ayurveda)
Acharya Balkrishna on Forbes Lists - Ranked #48 India's Richest (2016-17)
Swami Balhrishna's Journey towards the zenith
The meteoric rise of Patanjali Ayurveda is down to Swami Balkrishna, who is a very close friend of Baba Ramdev. Now, we cannot deny that Baba Ramdev is the face of Patanjali, but the mind which keeps working incessantly towards the success of this powerhouse is that of Balkrishna only.
You might be surprised to know that Patanjali was launched as a small pharmaceutical, a decade before. You could have fathomed that Patanjali would be ruling the food industry within such a short span of time.
It is said that Balkrishna took a loan at a time when he bereft of his own bank account. He did it with the help of NRIs Sarwan Poddar and his wife, Sunita Poddar. And the rest is history. The turnovers, Patanjali is grossing over the last year is to the tune of 4k-5k Crores.
Major Products by Patanjali
Apart from the pharmaceuticals, Patanjali has become a food brand of late. It has started manufacturing products ranging from nutrition to cosmetics, from the staple food to fast foods and other daily care products.
This multi-faros approach has put Patanjali in the driving seat as it has locked horns with major food players like Nestle and Kissan. Not only this, Patanjali has given Dabur, Emami a run for money with its products.
How the dream was made possible???
If we look deeper, we can see that today’s society is more inclined towards natural products. This is the first and foremost reason as Patanjali products are made with the concept of Ayurveda. Minimum fabrication and maximum naturalization. This is the success mantra.
The next major factor is the following of Baba Ramdev. As said, Baba Ramdev is the face of Patanjali and he keeps publicizing Patanjali products in his yoga camps. We cannot ignore his political connections as well which work very well in their favor.
The third and the most pivotal factor is the unremitting desire of Swami Balkrishna Ji as he keeps working continuously towards the uplifting of Patanjali. He doesn’t take home any salary. Moreover, he does not take any leave.
Other Institutions of Acharya Balkrishan
Apart from the food processing business, Acharya Balkrishna has launched his own chain of Patanjali clinics, which are more than 5000 in India at the moment. Moreover, he has an Ayurveda Reasearch Institute and a Patanjali University as well.
So, the man in white robe has made it in such a short span if time which is really inspirational. And, with the tie ups with major selling players like Big Bazaar, name of Patanjali is going to resonate even more. Moreover, it was not just the fortune which turned Balkrishna Ji's life but that was his dedication and hard-work which pays him off.
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