Chandru Raheja Net Worth

Chandru Raheja has an estimated net worth of $5.6 billion, according to Forbes Real-Time Billionaires, Chandru Raheja profile (figures as of October 20, 2026). That is up from $2.9 billion in 2019.

Chandru Raheja is the chairman of K. Raheja Corp, a private real estate group in Mumbai. He is known for building the business after a family split in 1996, when he set out on his own. Under his leadership, the company expanded beyond property into IT parks, hotels, malls, and retail. Its better-known businesses include Shoppers Stop, the InOrbit mall brand, and Mindspace, which focused on land for IT parks.

His wealth is tied to real estate and the businesses around it. K. Raheja Corp grew into one of Mumbai's leading developers, and the group also built a hotel portfolio through Chalet Hotels. That company went public in 2019. In 2020, part of its commercial properties, held with Blackstone, were listed through Mindspace Business Parks REIT. Forbes valued him at $5.6 billion on its real-time billionaires tracker as of October 20, 2026.

How Chandru Raheja makes money

Raheja's money comes mainly from real estate. K. Raheja Corp develops residential and commercial property, and it also runs businesses linked to those assets. The group is known for IT parks, hotels, malls, and the department store chain Shoppers Stop. Over time, it broadened from core property development into several formats that can bring in rent, sales, and operating income from the same real estate base.

Two moves stand out. Chalet Hotels, which owns hotels including the J.W. Marriott in Mumbai and the Westin in Hyderabad, was listed in 2019. Then in 2020, the group listed part of its commercial properties with Blackstone under Mindspace Business Parks REIT. Those deals put major parts of the business into public markets, while K. Raheja Corp remained privately held and was run by his sons Neel and Ravi.

How his Forbes fortune changed

Forbes has tracked Raheja's fortune rising over time, with one dip around 2020. It estimated his net worth at $2.9 billion in 2019, then $2.7 billion in 2020. By 2022, Forbes put it at $3.6 billion, and by 2024 it reached $4.9 billion. As of October 20, 2026, Forbes' real-time tracker showed $5.6 billion, the highest figure in the run listed here.

The pattern matches the shape of his business. Raheja built K. Raheja Corp into a major Mumbai developer after starting his own path in 1996. The group's spread across IT parks, hotels, malls, and retail gave it several ways to make money from property. Public listings also made key assets easier to value, including Chalet Hotels in 2019 and Mindspace Business Parks REIT in 2020.