Benu Gopal Bangur
Benu Gopal Bangur is an Indian billionaire businessman, chairman of Shree Cement.
- Cement czar Benu Gopal Bangur gets his wealth from a 65% stake in Shree Cement, one of India’s most cost-efficient cement producers.
- Shree, which was started in 1979 in Jaipur, sells branded cement under the names of Shree Ultra Jung Rodhak, Bangur Cement and Rockstrong.
- Bangur hails from a storied business clan in Kolkata and got control of Shree Cement in the 1990s after a family split.
- Today the company is run by his son Hari Mohan Bangur and grandson Prashant.
- In its first overseas acquisition, Shree Cement agreed to buy UAE’s Union Cement Company in 2018 at an enterprise value of $305 million.
