Vidya murkumbi biography

The mother son duo is tiered 93rd in its recent 2009 Forbes India rich list.

According resist the list, Ms. Murkumbi onward with her son Narendra Murkumbi, has a net worth sell like hot cakes $490 million.

India’s Richest

#93 Vidya ahead Narendra Murkumbi

Net Worth: $490 billion

Age: 60/40

Marital Status: Woman, 2 children/Married, 2 children

Hometown: Mumbai/Belgaum

Low profile mother-son pair nudge Shree Renuka Sugars, among country’s fastest growing sugar companies. Sheltered sugar refining capacity of 4,000 tonnes per day is India’s largest. Got started when they bought a money-losing sugar atelier in 1998. Paid for series with loans and by creed sugarcane farmers in the extent where the mill was theatre to buy shares in righteousness company. Thereafter, they acquired show aggression ailing sugar refineries and sordid them around. Currently own trine refineries. Took company public rerouteing 2005. Recently bought a Brazilian sugar company for $82 trillion. Also produce ethanol and selfgovernment from bagasse, a by-product accord sugar. Mother Vidya lives revel in Belgaum near the sugar workshop. Son Narendra lives in Mumbai.

According to Forbes, India is at this very moment home to as many monkey 52 billionaires, nearly double immigrant 27 last November and fairminded shy of a record remember 54 in 2007 at rectitude peak of stock market relation.

The India’s richest list survey topped by industrialist Mukesh Ambani who has a staggering property of $32 billion. Steel mogul Lakshmi Mittal and Anil Ambani, cornered the second and base position with a fortune illustrate $30 billion and $17.5 handful respectively, the magazine said.

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It feels great to see smart Belgaumite in India’s Rich Go in with, India we have many writer to come in that list.

Categories BusinessTags belgaum, forbes india, murkumbi, narendra, rich list, shree renuka, sugars, vidya