Acharya Balkrishna
Balkrishna is an Indian billionaire who owns and serves as the chairman of the consumer goods company Patanjali Ayurved. He was reported by Forbes to have a net worth of US$6.1 billion as of March 2018.
- Acharya Balkrishna derives his fortune from fast-growing consumer goods giant Patanjali Ayurved.
- Balkrishna owns 98.5% of the privately held company, which he cofounded with politically well-connected yoga guru Baba Ramdev.
- Patanjali sells everything from herbal toothpastes and cosmetics to noodles and jams.
- To push online sales, Patanjali has inked agreements with several e-commerce giants, such as Amazon, Flipkart and BigBasket.
- In July 2019, the National Company Law Tribunal approved Patanjali’s $630 million takeover of debt-laden edible oils maker, Ruchi Soya.
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