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Benu Gopal Bangur

Benu Gopal Bangur

B. Bangur
-0.34% | - $-23.19M
$6.73 B ₹ 61,211 Cr
Real Time Net Worth #604 Ranking as of 21 Feb 2026 By Forbes

More on Benu Gopal Bangur

Gender

Male

Age

95Y

Country

India

Born On

January, 1931

Deceased

No

Relationship Status

Widowed

Children

1

Education

Unknown

Designation Info :

Self-Made

No

Entrepreneur Type

Inherited

Primary Organization

Shree Cement

Titles

Chairman

Sources of Wealth

Shree Cement

Industry

Manufacturing, Construction, Cement

About Benu Gopal Bangur


B enu Gopal Bangur is an Indian billionaire and the patriarch of the Bangur family, which controls Shree Cement, one of India's largest and most efficient cement producers. His family has been involved in business for generations, and his fortune is rooted in the vast industrial conglomerate built by his grandfather. Following a family split of the business empire in the 1990s, Benu Gopal Bangur received control of Shree Cement.

Under his chairmanship, and with his son Hari Mohan Bangur running the day-to-day operations, Shree Cement has grown from a regional player into a national powerhouse. The company is renowned for its operational efficiency, its innovative use of synthetic gypsum, and its early adoption of waste heat recovery power plants, making it one of the most cost-effective and environmentally conscious cement producers in the world. Despite his immense wealth, Benu Gopal Bangur is known for living a relatively simple life in his home city of Kolkata.

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Quick Reads


  • Chairman of Shree Cement, a leading Indian cement manufacturer.
  • Inherited control of the company after a family business split.
  • Shree Cement is known for its high efficiency and innovative production methods.
  • His son, Hari Mohan Bangur, is the company's managing director.
  • The company is one of the largest cement producers in India.

Early Life and Background


Born in 1931, Benu Gopal Bangur is an Indian billionaire and the patriarch of the family that controls Shree Cement, one of the nation's largest and most respected cement producers. Born into a Marwari Hindu family, his lineage is rooted in the large, diversified Bangur business empire, which originated in Calcutta in the late 19th century through his grandfather, a stockbroker.

Bangur was educated at Calcutta University. His entry into business was not due to ambition, but necessity: he inherited his portion of the family firm in 1991 following a large family feud that partitioned the Bangur empire into five separate groups. Initially observed to lack experience, Benu quickly proved doubters wrong, demonstrating fast learning capabilities, tenacity, and a relentless commitment to moral behavior and work ethic, which would guide him in transforming Shree Cement into a market powerhouse.

Career Journey of Benu Gopal Bangur


Benu Gopal Bangur took the helm of Shree Cement in 1991, with its operational base in Jaipur. His leadership marked a commitment to modernization and efficiency. He pioneered key methods across cement production technology and focused on sustainable cement production, transforming the company into one of the most efficient and low-cost producers in India. This focus on efficiency allowed Shree Cement to become renowned for its affordability without compromising quality.

His strategic moves were decisive: major acquisitions, such as the purchase of Union Cement Company in Ras Al Khaimah (2018) and the acquisition of Jaiprakash Cement (2014), solidified Shree Cement's national and international position. Under his guidance, Shree Cement grew to become one of the top three cement conglomerates in India, with a massive production capacity. Benu’s integrity and perseverance allowed him to successfully navigate challenging legal battles, including accusations of tax evasion, cementing his reputation as an elite business leader whose product is used in iconic Indian structures like the Akshardham Temple.

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Benu Gopal Bangur's Timeline


Major Business Ventures and Investments


Benu Gopal Bangur’s wealth is concentrated in his family’s controlling stake in the publicly listed industrial giant, Shree Cement (NSE: SHREECEM).

  • Shree Cement (Chairman): The core asset, a major manufacturer of cement and clinker. The company is known for its low-cost, high-efficiency production and its portfolio of brands, including Shree Ultra Jung Rodhak, Bangur Cement, and Rockstrong.
  • Vertical Integration: His focus on key methods and efficiency across the production technology ensures the company remains vertically integrated and globally competitive.
  • International Assets: The acquisition of Union Cement Company in the UAE reflects the company's strategic push for an international footprint.

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Philanthropy and Social Impact


Benu Gopal Bangur is renowned for his virtues of social responsibility and moral behavior. His commitment to providing affordable, high-quality cement ensures that his product contributes to accessible infrastructure and housing for millions of Indians.

The company's focus on sustainable production methods is a structural environmental contribution to the energy-intensive cement industry. His leadership promotes a corporate culture based on honesty and tenacity, serving as a rare example in a politically complex industrial sector. His rise is often cited as a shining example of social responsibility and tenacity over mere financial gain.

Fashion, Style, and Lifestyle


Benu Gopal Bangur projects the quiet, unassuming style of a traditional Marwari industrial patriarch. His attire is consistently modest and often features high-quality, traditional Indian wear, reflecting his personal humility and ethical focus. His aesthetic is one of sobriety and deep-seated, generational Indian wealth.

Residing in Kolkata, his luxury is the deep stability and security of his multi-billion dollar industrial empire, which operates in an essential national sector. His life is defined by a commitment to the virtues of honesty and integrity, viewing his wealth as a tool for long-term industrial building rather than personal extravagance. He remains accessible and grounded, despite his colossal fortune.

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Quotes and Philosophy


“Skills can be hired, but tenacity, moral behavior, and a work ethic are inherent virtues of success.”

“The greatest challenge is to produce world-class quality at a price that is affordable for the nation.”

Fun Facts & Trivia


  • He inherited control of Shree Cement after the Bangur family empire was partitioned in 1991.
  • He pioneered key methods in sustainable cement production.
  • His cement is used in iconic structures like the Akshardham Temple in Delhi.
  • He is known for his commitment to moral behavior and honesty in the competitive cement industry.
  • He made a major acquisition of the Union Cement Company in the UAE in 2018.
  • Shree Cement has grown to become one of the top three cement conglomerates in India.
  • His son, Hari Mohan Bangur, has been running Shree Cement since 1990.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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