Ramdev in Nepal

Loading...

Nepali-born Acharya Balkrishna, a key aide to yoga guru Baba Ramdev, has debuted in Forbes magazine’s list of richest Indians for 2016 in the 48th spot. Forbes India said the 44-year-old had a net worth of $2.5 billion as of September 2016.
Balkrishna, born Narayan Prasad Subedi in Bharuwa village, Syangja in western Nepal, holds a 97 percent stake in fast-growing consumer goods outfit Patanjali Ayurved, which he co-founded with Baba Ramdev in 2006, according to forbesindia.com.
“With revenues of $780 million, Patanjali sells everything from herbal toothpastes and cosmetics to noodles and jams,” said Forbes India, adding, “Patanjali’s profits are donated to various trusts and charities.” This is the second time Balkrishna has made it into India’s rich list in the last few weeks. In early September, Balkrishna was ranked 26th in Hurun’s India rich list for 2016, which estimated his net worth at IRs250 billion

Loading...