Harsh Mariwala Net Worth

Harsh Mariwala Net Worth

Harsh Mariwala net worth

Current Net Worth – $3.1 Billion (USD – 310 Crores), (Rupees – 23.8 Thousand Crores)

Harsh Mariwala short biography

Net Worth$3.1 Billion
Born1952 (Age – 69)
Identified asFounder & Chairman of Marico
StatusIndian Entrepreneur
EducationBombay University, Bachelor of Arts/Science
ResidenceMumbai, India
Spousal statusMarried (Archana)
Harsh Mariwal short biography

Harsh Mariwala has a net worth of $3.1 Billion (Rupees – 23,891 Crores), making him one of the top 100 Richest men in India.

He is the founder and Chairman of Marico, a Fortune India 500 firm, and is an Indian entrepreneur.

Mariwala is also the founder of Kaya Limited, which owns and operates a network of skincare clinics in India and the Middle East; Mariwala Wellness Initiative, which funds mental health causes; Ascent Foundation, a peer-learning entrepreneurship platform; Sharrp Ventures, which serves as his family business and Marico Creativity Foundation, which fosters innovation in India.

Mariwala had little control at Bombay Oil Mills because management roles were divided between family members.

Furthermore, he envisioned the company as a business-to-business enterprise rather than a business-to-consumer venture.

Marico sells its Saffola cooking oil and Parachute hair oil in 25 countries.

Saffola FITTIFY, a line of nutritious soups and shakes, was recently introduced by his brand.

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Harsh Mariwala biography

Harsh Mariwala Net Worth
Harsh Mariwala Net Worth (Image Source – GettyImages)
Full NameHarsh Mariwala
BirthplaceMumbai, Maharashtra, India
Height5.5 feet, 167 cm
Weight77 Kg
FatherCharandas Mariwala
Roman Reigns Biography

Harsh Mariwala was born in 1952 and now he is aged 69.

Mariwala grew up in South Mumbai and attended Sydenham College before joining the family business in 1971.

His social media handle:


He had gained a Bachelor of Arts/Science degree from Bombay University.


Harsh Mariwala Net Worth
Harsh Mariwala Net Worth (Image Source – GettyImages)

Mariwala started his career in 1971 with his family’s Bombay Oil Industries.

He founded Marico in 1990, a fast-moving consumer goods (FMCG) producer and distributor with operations in 25 Asian and African countries.

As a result, he decided to launch Marico on its own. Mariwala initially struggled to hire talented workers since their office was in the busy business area of Masjid Bunder, so he arranged interviews at the Royal Willingdon Sports Club and later relocated the Marico office to Bandra.

Marico established a manufacturing plant in Bangladesh in the late 1990s, marking the first foray into markets outside of India.

In 1975, he launched the company’s consumer goods division and elevated the company’s two main brands, Parachute coconut oil, and Saffola refined oil, to new heights.

Following that, the group developed or acquired consumer brand companies in a number of countries. The firm has a diverse range of products in skin, clothing, male grooming, fabric care categories edible oils, and health foods.

In 1996, he took Marico public with an initial public offering.

Mariwala saw an opportunity in the skincare clinics market in 2003 and founded Kaya Limited as a Marico subsidiary.

Marico acquired Hindustan Unilever’s Nihar hair care brand in 2006.

And also acquired Reckitt Benckiser’s Set Wet, Livon, and Zatak personal care products in 2016.

When Kaya was demerged from Marico and listed on stock exchanges as a separate company in 2013, it had 107 skincare clinics, a portfolio of 54 skincare brands, and 82 of which were in India.

Mariwala stepped down as Managing Director in 2014 but continued to serve as Chairman.

Private & early life

Harsh Mariwala is married to Archana and has two children, a younger son, Rishabh, and an older daughter, Rajvi.

Before venturing out on their own, both of his children worked for the family company.

His son Rishabh runs his company Soap Opera n More, oversees the family office Sharrp Projects, and serves on the Marico board of directors as a non-executive officer.

His daughter Rajvi is a member of the Marico Health Initiative.

Vallabhdas Vasanji, Mariwala’s ancestor, moved to Mumbai (then Bombay) from Kutch in 1862.

Vasanji earned the moniker “Mariwala” because he traded in pepper, which is referred to in Gujarati as Mari.

Mariwala’s father, Charandas, and three of his brothers founded Bombay Oil Industries Limited in 1948, which produced and traded spices, oils, and chemicals.

What a funny workout ever he tweeted:

Social Charge

Mariwala founded the Marico Innovation Foundation (MIF) in 2003 with the aim of assisting companies in being more competitive. Marico’s Corporate Social Responsibility (CSR) arm is called MIF.

The company’s goal is to support startups through mentoring and the development of an environment that promotes cutting-edge science, information creation, and dissemination.

He founded Ascent Foundation in 2012 as a peer networking forum for entrepreneurs where they can learn from one another by sharing knowledge, perspectives, and ideas in a private setting.

Entrepreneurs have been able to overcome some of their problems by forming ‘Trust Groups.’

Mariwala created the Mariwala Health Initiative (MHI) in 2014, which is a philanthropic project focusing on mental health problems and is run by his daughter Rajvi.

MIF hosts the MIF Awards, a biennial event in which a jury selects inventions from across India’s corporate and social sectors.

ASCENT will have over 600 founders as members by 2020.


In 2017, it made seed, Series A, and Series B investments in 8 unlisted stocks, five funds, and one incubator.

Mariwala’s son Rishabh runs a family business called Sharrp Ventures. The firm invests in both privately held businesses and publicly traded.

Net worth statistics

  • March 2015 – $1.4 B
  • March 2016 – $1.5 B
  • March 2017 – $1.8 B
  • March 2018 – $2.1 B
  • March 2019 – $2.3 B
  • April 2020 – $1.6 B
  • April 2021 – $2.5 B

Harsh Mariwala Quote

“All negotiations need to be win-win. If you want workable long-term solutions then they need to be win-win for all sides.”

– Harsh Mariwala


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