Benu Gopal Bangur Net Worth

Benu Gopal Bangur has an estimated net worth of $5.5 billion, according to Forbes Real-Time Billionaires, Benu Gopal Bangur profile (figures as of October 20, 2026). That is up from $5.2 billion in 2019.

Benu Gopal Bangur is an Indian businessman best known for his long connection to Shree Cement. He took control of the company in the 1990s after a family split in 1991. Shree Cement began in 1979 in Jaipur and grew into one of India’s most cost-efficient cement producers. The company sells branded cement under names including Shree Ultra Jung Rodhak, Bangur Cement, and Rockstrong. Bangur became widely known through that business and his majority stake in it.

His wealth comes from cement, according to Forbes, and he is part of a well-known business family from Kolkata. The Bangurs were among India’s leading business families in the 1950s and 1960s. Bangur later stepped down, and in 2022 his son Hari Mohan was appointed chairman while his grandson Prashant became vice chairman. Forbes valued Bangur at $5.5 billion on its real-time billionaires tracker as of October 20, 2026.

How Benu Gopal Bangur built his fortune

Bangur’s fortune is tied to his majority stake in Shree Cement, a manufacturing company in India. Forbes says his wealth comes from cement. The business started in 1979 in Jaipur and built a strong position as a low-cost producer. That matters in a basic industry like cement, where efficiency can shape profits over time. Shree also sells branded products, including Shree Ultra Jung Rodhak, Bangur Cement, and Rockstrong, giving it a broad market presence.

A key moment came after the 1991 split of the larger Bangur business interests. Bangur got control of Shree Cement in the 1990s and remained its central figure for years. Even after he stepped down, the company stayed in family hands. In 2022, his son Hari Mohan was appointed chairman, and his grandson Prashant became vice chairman. In October 2024, Shree Cement also signed an agreement with the Indian government’s internal trade department to support manufacturing startups with financial help.

What happened to his Forbes fortune

Forbes tracked major swings in Bangur’s estimated fortune over the years. It put him at $5.2 billion in 2019, then $5.9 billion in 2020, and $8.7 billion in 2021. After that, the estimate moved down to $6.7 billion in 2022, then up to $7.3 billion in 2023 and back to $6.8 billion in 2024. Those changes followed the value of his stake in Shree Cement, the company at the center of his wealth.

The pattern continued in later Forbes updates. It estimated his net worth at $7.4 billion in 2025 and $6.6 billion in 2026 on the World’s Billionaires List. As of October 20, 2026, Forbes showed $5.5 billion on its real-time billionaires tracker. Across those years, the source of wealth stayed the same: his holding in Shree Cement. Forbes also places him in the manufacturing industry and does not classify him as self-made.