Gurbachan Singh Dhingra Net Worth

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

Gurbachan Singh Dhingra is an Indian businessman and one of the owners of Berger Paints India, the country's second-largest paint maker by market share. Born in 1950 into a business family, he grew up around paint. His grandfather started a paint business in Amritsar in 1898. Dhingra earned a bachelor's degree from Delhi University and later built a much larger company than the one his family began with.

His big move came in 1991. Together with his brother Kuldip Singh Dhingra, he bought Berger Paints from Vijay Mallya's UB group. At the time, Berger was the smallest paint maker in India. The brothers grew it into one of the country's leading brands. Forbes counts him as self-made, and his brother is also a billionaire. Today he is vice chairman emeritus of the company.

How Gurbachan Singh Dhingra makes money

Dhingra's fortune comes from his stake in Berger Paints India, which he controls together with his brother. The company sells paint across India and also has a presence in Bangladesh, Nepal, Poland and Russia. As homes and buildings in India are built and repainted, demand for decorative and industrial paint supports the company's sales and the value of the family's holding.

The family remains closely involved in running the business. His son, Kanwardip Singh Dhingra, was named vice chairman in August 2024. Dhingra also serves as a director of many related firms, including Berger Becker Coatings and UK Paints, along with a long list of property and investment companies. He is married with three children, and the family lives in New Delhi.

How his Forbes estimate has changed

Forbes valued Dhingra at $3.8 billion in 2022, the high point of his recent record. His figure slipped to $3.1 billion in 2023 before recovering to $3.5 billion in 2024. Because Berger Paints India is a publicly traded company, his estimate tends to follow its share price and investor views of the Indian paint market.

His estimate has drifted lower since. Forbes put him at $3 billion in 2025 and $2.6 billion on its 2026 World's Billionaires List. As of October 20, 2026, its real-time billionaires tracker showed $2.5 billion. Even so, his wealth comes from a company the brothers grew from the smallest paint maker in India into the second-largest, a big change from where Berger stood in 1991.