Mangal Lodha’s net worth over time
Only dates with a published estimate are shown. Nothing is filled in between. Tap or hover a bar to see the source.
See the numbers as a table
| Date | Estimate | Source |
| 2019 | $2.8 billion | Forbes World's Billionaires List 2019 |
| 2020 | $1.8 billion | Forbes World's Billionaires List 2020 |
| 2021 | $1.3 billion | Forbes World's Billionaires List 2021 |
| 2022 | $4.7 billion | Forbes World's Billionaires List 2022 |
| 2023 | $4.4 billion | Forbes World's Billionaires List 2023 |
| 2024 | $10.4 billion | Forbes World's Billionaires List 2024 |
| 2025 | $9.5 billion | Forbes World's Billionaires List 2025 |
| 2026 | $6.1 billion | Forbes World's Billionaires List 2026 |
| Oct 2026 | $6.1 billion | Forbes Real-Time Billionaires · Forbes real-time estimate |
Where the money comes from
These are the main sources of wealth named in the reporting we cite. No published source breaks the total into exact amounts, so we do not show percentages.
Mangal Lodha’s fortune in real-life terms
Based on the Forbes Real-Time Billionaires estimate above. Median full-time U.S. pay is $65,416 a year ($1,258 a week, BLS, Q2 2026), before taxes. Typical (median) U.S. family net worth is $216,100 (Federal Reserve, 2025 Survey of Consumer Finances).
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Mangal Lodha has an estimated net worth of $6.1 billion, according to Forbes Real-Time Billionaires, Mangal Lodha profile (figures as of October 20, 2026). That is up from $2.8 billion in 2019.
Mangal Lodha is an Indian businessman known for building a major real estate company in Mumbai. He founded the Lodha group in 1980, and the business is now known as Macrotech Developers. He began by developing middle-class housing in Mumbai’s outer suburbs. Over time, the company moved into larger projects and premium sites, helping turn it into one of the best-known names in the city’s property market.
His wealth comes from real estate. After his sons Abhishek and Abhinandan joined the business in 2003, the company expanded and acquired prime land parcels. Lodha also developed Mumbai’s Trump Tower, a 78-story luxury skyscraper in a complex called The Park in midtown Mumbai. In 2021, Macrotech completed its long-delayed IPO and later changed its name to Lodha Developers, a key step in the company’s growth.
How Mangal Lodha built his fortune
Lodha made his money through property development in Mumbai. He started in 1980 with homes aimed at middle-class buyers in far suburbs, then gradually moved into bigger and more valuable projects. That early focus gave his company a base in a huge housing market. Over time, the business grew from suburban housing into a broader real estate group with a stronger position in premium locations.
A major shift came in 2003, when his sons Abhishek and Abhinandan joined the company. After that, the firm went on an expansion drive and picked up prime land parcels. Lodha also built Trump Tower in Mumbai, a 78-story luxury tower inside The Park complex in midtown Mumbai. In 2021, the company completed its IPO, and it has since taken the name Lodha Developers.
Forbes net worth snapshot
Forbes has tracked large swings in Lodha’s fortune across several years. Its estimate was $2.8 billion in 2019, then $1.8 billion in 2020 and $1.3 billion in 2021. It later rose to $4.7 billion in 2022 and $4.4 billion in 2023. Those changes followed the value of his real estate holdings and the public market story around Macrotech after the 2021 IPO.
More recently, Forbes raised its estimate to $10.4 billion in 2024, then listed him at $9.5 billion in 2025. Forbes currently puts Mangal Lodha at $6.1 billion on its real-time billionaires tracker as of October 20, 2026. The core of that wealth remains the Mumbai property business he founded in 1980, now operating under the Lodha Developers name.
Career and money timeline
- 1980
Founded the Lodha group in Mumbai.
- 2003
His sons Abhishek and Abhinandan joined the business.
- 2021
Macrotech completed its long-delayed IPO.
- 2022
His term as Mumbai president of the Bharatiya Janata Party ended.
- 2025
His sons ended a 50 billion rupees trademark dispute.
Mangal Lodha net worth FAQ
What is Mangal Lodha's net worth?
Mangal Lodha's net worth is an estimated $6.1 billion, according to Forbes Real-Time Billionaires, Mangal Lodha profile (October 20, 2026). It is an estimate, not an official figure.
How did Mangal Lodha get so rich?
The main sources named in the reporting we cite are: Real estate.
Is Mangal Lodha a billionaire?
Yes. Forbes Real-Time Billionaires estimates Mangal Lodha is worth $6.1 billion.
How has Mangal Lodha's net worth changed?
The earliest published estimate we track is $2.8 billion (2019, Forbes World's Billionaires List 2019). The latest is $6.1 billion (October 20, 2026).
What company is Mangal Lodha known for?
He founded the Lodha group in 1980 in Mumbai. The business is now known as Macrotech Developers and later changed its name to Lodha Developers.
What is the main source of his wealth?
His wealth comes from real estate. He started with middle-class homes in Mumbai’s outer suburbs and later expanded into prime land and luxury projects.
Sources
- Forbes Real-Time Billionaires, Mangal Lodha profile (October 20, 2026)
- Forbes World's Billionaires List 2019, Mangal Lodha profile (March 5, 2019)
- Forbes World's Billionaires List 2020, Mangal Lodha profile (April 7, 2020)
- Forbes World's Billionaires List 2021, Mangal Lodha profile (April 6, 2021)
- Forbes World's Billionaires List 2022, Mangal Lodha profile (April 5, 2022)
- Forbes World's Billionaires List 2023, Mangal Lodha profile (April 4, 2023)
- Forbes World's Billionaires List 2024, Mangal Lodha profile (April 2, 2024)
- Forbes World's Billionaires List 2025, Mangal Lodha profile (April 2025)
- Forbes World's Billionaires List 2026, Mangal Lodha profile (March 10, 2026)
- U.S. Bureau of Labor Statistics, Usual Weekly Earnings (Q2 2026) (July 2026)
- Federal Reserve, 2025 Survey of Consumer Finances (median family net worth, Table 4) (October 2026)
- Background facts: Wikipedia, Mangal Lodha (accessed October 21, 2026). Used for career facts only, never for figures.
Photo: Yashkolambekar, CC BY-SA 4.0, via Wikimedia Commons.
Every number on this page is an estimate published by the source named next to it. We never fill in years with our own guesses. How we handle estimates.