Baba Ramdev promoted Patanjali CEO is one of India’s richest

ramdevAccording to the Chinese magazine Hurun, Patanjali CEO Acharya Balkrishna is one of India’s richest businessmen.

The list released by the magazine consists of 399 Indian industrialists in which Mr Balakrishna is ranked 25th with an estimated wealth of Rs.25,000 crore, making him secure his position among India’s rich and famous, within five years after establishing the FMCG firm Patanjali Ayurved.

The report says Patanjali is one of the fastest growing FMCG brands in India with an estimated turnover of over Rs.5,000 crore in the financial year 2015-16.

Mr Balakrishna holds a 96 percent stake in Patanjali Ayurved, while yoga guru Baba Ramdev is the face of the Haridwar-based consumer products firm.