Mangal Prabhat Lodha Net Worth

Mangal Prabhat Lodha Net Worth

Mangal Prabhat Lodha Net Worth

Current Net Worth$4.7 Billion (USD – 470 Crores), (Rupees – 34.8 Thousand Crores)

Mangal Prabhat Lodha short biography

Net Worth$4.7 Billion
BornDecember 1, 1995 (Age – 65)
Identified asFounder of Macrotech Developers
StatusIndian Businessman & Politician
EducationLLB & B.Com
NationalityIndian
ResidenceMumbai, India
Spousal statusMarried (Manju Lodha)
Children2
Mangal Prabhat Lodha short biography

Mangal Prabhat Lodha has a net worth of $4.7 Billion (Rupees – 34,871 Crores), making him one of the top richest men in India.

He is the founder of Macrotech Developers, a real estate developer headquartered in Mumbai.

He is a politician and businessman.

He was the chief of the Mumbai unit of the Bharatiya Janata Party.

He is now a member of the Legislative Assembly for South Mumbai’s Malabar Hill constituency.

He is constructing Mumbai’s first Trump Tower, a 75-story luxury skyscraper in midtown Mumbai’s The Park complex.

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Mangal Prabhat Lodha biography

Mangal Prabhat Lodha Net Worth
Mangal Prabhat Lodha Net Worth (Image Source – Twitter)
Full NameMangal Prabhat Lodha
Height5.7 feet, 173 cm
Weight88 Kg
Saurabh Mittal biography

Mangal Prabhat Lodha was born on December 1, 1995, and raised in a Rajasthani family in Jodhpur, India.

Now he is 65 years old.

He is the son of Guman Mal Lodha, a freedom fighter and former chief justice of the Guwahati High Court. He has two children with his wife, Manju Lodha.

Education

Lodha graduated from the University of Jodhpur with a B.Com and an LLB.

He practiced law in the Jodhpur High Court. When his father was called to the same court as a lawyer, he relocated his practice.

Career

Mangal Prabhat Lodha Net Worth
Mangal Prabhat Lodha Net Worth (Image Source – Twitter)

In 1981, he relocated to Mumbai and founded the Lodha Group.

Lodha began his career by designing middle-class homes in Mumbai’s outskirts.

His company, Macrotech Developers, is currently working on 30 projects totaling 35 million square feet.

The firm is also noted for spending more than $1 billion in the creation of New Cuffe Parade, a planned township with four 63-story towers on a 23-acre plot.

He was instrumental in the formation of Maharashtra’s Animal Welfare Board, and he is currently proposing a law prohibiting cow slaughter in the state.

Lodha has been a member of the Maharashtra Vidhan Sabha since 1995, representing the Malabar Hill constituency.

Private & early life

Lodha is married to Manju Lodha and they have 2 children.

He was involved in politics and national issues from a young age and was a member of the Akhil Bharatiya Vidhyarthi Parishad.

Contributions

Cleaning the water pipes in housing complexes, libraries, universities, and other places is part of an effort.

“Jeevan Asha Yojana,” a program aimed at providing financial and surgical assistance to patients who are unable to cover the costs of costly medical care and procedures.

Opening generic drug shops with the aim of providing low-cost, high-quality drugs to patients.

“Nirogi Mahila Abhiyan,” a movement aimed at improving the health and well-being of women and young girls living in areas with inadequate health/hygiene standards, such as slums, and who do not have easy access to or cannot afford adequate medical treatment.

Daily health check-ups for children in primary and secondary schools in 35 government-aided and private schools are part of the Student Health Camps.

Controversy

A buyer of a Lodha Group Wadala project flat posted YouTube videos alleging the company’s irregularities. The corporation filed a defamation lawsuit against the lady and her partner, but the matter was dismissed by the judge.

Net worth statistics

  • March 2012 – $1.0 B
  • March 2013 – $1.4 B
  • March 2014 – $1.6 B
  • March 2015 – $3.4 B
  • March 2016 – $2.3 B
  • March 2017 – $2.0 B
  • March 2018 – $3.7 B
  • March 2019 – $2.8 B
  • April 2020 – $1.8 B
  • April 2021 – $1.3 B

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