Top 10 Richest Person in Punjab | Updated List 2025

As of April 2025, here are some of the wealthiest individuals and families associated with Punjab, based on publicly available information:​

1. Rajinder Gupta – Trident Group

   • Net Worth: Approximately ₹13,800 crore

   • Industry: Textiles and Paper

   • Overview: Founder and Chairman of Trident Group, Rajinder Gupta has been recognized as Ludhiana’s richest individual. His journey from humble beginnings to establishing a conglomerate valued at over ₹17,000 crore has earned him accolades, including the Padma Shri.​

2. SP Oswal – Vardhman Textiles

   • Net Worth: Approximately ₹7,400 crore

   • Industry: Textiles

   • Overview: As the head of Vardhman Group, SP Oswal has played a pivotal role in expanding the company’s textile operations, making it a key player in the industry.​

3. Paritosh Kumar – Happy Forgings

   • Net Worth: Approximately ₹10,300 crore

   • Industry: Forgings and Automotive Components

   • Overview: Owner of Happy Forgings, Paritosh Kumar has established the company as a significant player in the automotive components sector.​L

4. Harsimrat Kaur Badal

   • Net Worth: Approximately ₹198 crore

   • Industry: Politics and Agriculture

   • Overview: Former Union Minister and Shiromani Akali Dal (SAD) candidate from Punjab’s Bathinda seat, Harsimrat Kaur Badal has declared assets worth ₹198 crore, making her the richest candidate in the 2024 Lok Sabha elections.​

5. Sukhbir Singh Badal

   • Net Worth: Approximately ₹217 crore (combined with Harsimrat Kaur Badal)

   • Industry: Politics and Agriculture

   • Overview: President of SAD and former Deputy Chief Minister of Punjab, Sukhbir Singh Badal has substantial assets, including land holdings and investments in various sectors.​

6. Taranjit Singh Sandhu

   • Net Worth: Approximately ₹32.75 crore

   • Industry: Politics

   • Overview: Member of the Shiromani Akali Dal, Taranjit Singh Sandhu has declared assets worth ₹32.75 crore in his election affidavit.​

7. Rajinder Mittal – BCL Industries

   • Net Worth: Approximately ₹1,200 crore

   • Industry: Agro-processing and Edible Oils

   • Overview: Chairman of BCL Industries, Rajinder Mittal has been recognized as one of the wealthiest individuals in Bathinda, with significant investments in the agro-processing sector.​

8. Onkar Singh Pahwa – Avon Cycles

   • Net Worth: Approximately ₹1,700 crore

   • Industry: Bicycle Manufacturing

   • Overview: Owner of Avon Cycles, Onkar Singh Pahwa has established the company as one of India’s leading bicycle manufacturers, with a substantial market share and export footprint.

9. Gurdeep Singh – GS Radiators

   • Net Worth: Approximately ₹900 crore

   • Industry: Automotive Components

   • Overview: Founder of GS Radiators, Gurdeep Singh has made notable contributions to the automotive components industry, specializing in radiator manufacturing.​

10. Harbhajan Singh – Bhajji Sports

    • Net Worth: Approximately ₹700 crore

    • Industry: Sports and Entertainment

    • Overview: Former cricketer Harbhajan Singh, hailing from Jalandhar but residing in Ludhiana, has diversified into sports equipment manufacturing and entertainment ventures.

Please note that net worth figures are approximate and based on publicly available information as of 2024. For the most current and detailed financial data, consulting official financial disclosures or company reports is recommended.