Kuldip Singh Dhingra Net Worth

Kuldip Singh Dhingra has an estimated net worth of $2.5 billion, according to Forbes Real-Time Billionaires, Kuldip Singh Dhingra profile (figures as of October 20, 2026). That is down from a peak of $3.8 billion.

Kuldip Singh Dhingra is an Indian entrepreneur best known as a co-owner of Berger Paints India. He became widely known in business through the paint industry, where his family had roots going back to 1898. Dhingra later rose to the top ranks of Indian wealth lists tracked by Forbes. He is also chairman emeritus of Berger Paints India, a major manufacturing company and the second-largest paint maker in India by market share.

His wealth came from building Berger Paints after a key deal in 1991. That year, he and his brother Gurbachan Singh Dhingra bought Berger Paints from Vijay Mallya, when it was the country's smallest paint maker. Over time, the company expanded beyond India into Bangladesh, Nepal, Poland and Russia. In August 2024, his eldest daughter Rishma Kaur became chairman of the company, while Dhingra remained linked to the business as chairman emeritus.

How Kuldip Singh Dhingra built his fortune

Dhingra's money is tied mainly to paints and manufacturing. He and his brother hold a controlling stake in Berger Paints India, giving them a central role in the company's value. The business started as a much smaller player, but the brothers took control in 1991 and turned it into a much larger company. Berger Paints is now the second-largest paint maker in India by market share, which explains why the family became so wealthy.

The company is not limited to one market. Along with its base in India, Berger Paints has operations in Bangladesh, Nepal, Poland and Russia. That wider footprint matters because it gives the business more than one place to sell and grow. Dhingra is also described as self-made by Forbes, which fits the story of a businessman who used a takeover to build a large manufacturing fortune around one core company.

Forbes net worth changes

Forbes has tracked notable swings in Dhingra's fortune in recent years. It estimated his wealth at $3.8 billion in 2022, then $3.1 billion in 2023, followed by $3.5 billion in 2024. Those changes line up with the fact that his fortune is closely connected to Berger Paints, a public-facing manufacturing business where the value of a controlling stake can move over time as the company and its market position are reassessed.

The estimate moved lower again after that. Forbes put his net worth at $3 billion in 2025 and $2.6 billion in 2026. On Forbes' real-time billionaires tracker, he stood at $2.5 billion as of October 20, 2026. Another business update in this period came in August 2024, when Rishma Kaur was appointed chairman of Berger Paints, showing a leadership shift while the family's stake remained the key source of wealth.