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Renu Munjal

Renu Munjal

R. Munjal
-0.33% | - $-6.23M
$1.89 B ₹ 17,193 Cr
Real Time Net Worth #2143 Ranking as of 21 Feb 2026 By Forbes

More on Renu Munjal

Gender

Female

Age

72Y

Country

India

Born On

January, 1954

Deceased

No

Relationship Status

Widowed

Children

2

Education

Unknown

Designation Info :

Self-Made

No

Entrepreneur Type

Family Wealth

Primary Organization

Hero FinCorp

Titles

Managing Director

Sources of Wealth

Hero FinCorp

Industry

Finance, Automotive

About Renu Munjal


R enu Munjal is an Indian billionaire who is the managing director of Hero FinCorp, the financial services arm of the Hero Group. She is a key member of the powerful Munjal family, which founded and controls the Hero Group, a major Indian conglomerate with primary interests in the automotive sector. She is the widow of the late Raman Munjal, the eldest son of the group's founder, Brijmohan Lall Munjal.

While the family's main business is the two-wheeler giant Hero MotoCorp, Renu Munjal has been the driving force behind the family's successful diversification into financial services. She has built Hero FinCorp into a major non-bank financial company in India, with a focus on providing loans for two-wheelers, small and medium-sized enterprises, and other consumer finance products. She is also a prominent philanthropist, with a strong focus on education and women's empowerment. Her wealth is derived from her family's stake in the various companies of the Hero Group.

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Quick Reads


  • Managing Director of Hero FinCorp, the financial services arm of the Hero Group.
  • She is the widow of Raman Munjal, the eldest son of the group's founder.
  • Has built Hero FinCorp into a major non-bank financial company in India.
  • She is a prominent philanthropist.
  • Her family controls the two-wheeler giant Hero MotoCorp.

Early Life and Background


Renu Munjal is an Indian businesswoman, the billionaire Co-owner and Executive of Hero MotoCorp Ltd. (NSE: HEROMOTOCO), the world's largest manufacturer of two-wheelers. Her wealth is generational, tied to the industrial empire founded by her late father-in-law, Brijmohan Lall Munjal (d. 2015), in 1956.

Munjal's career is defined by generational stewardship and executive leadership in the automotive and philanthropic sectors. Her structural role is tied to managing the family's assets, focusing on long-term stability and social welfare (through the Hero Group Foundation).

  • Hero MotoCorp Ltd. (Co-owner & Executive): The core publicly traded asset, the world's largest manufacturer of two-wheelers (with significant market share in India and global exports).
  • Industrial Focus: Her fortune is tied to the long-term, stable profitability of the global automotive and mobility sector (two-wheelers).
  • Family Governance: She and her family control a substantial stake in the publicly traded company.
  • Philanthropy: She is the Managing Director of the Hero Group Foundation, focusing on education and women's empowerment.

Career Journey of Renu Munjal


Renu Munjal's structural role is centered on fiduciary stewardship of her inherited assets, ensuring the long-term, stable management of the Hero MotoCorp legacy. The company's strategic genius lies in its commitment to scale manufacturing and technological innovation. Her structural contribution is tied to the successful generational transition and professionalization of the Indian automotive sector.

Her greatest personal and structural contribution is her commitment to the Hero Group Foundation, driving initiatives for education and social welfare. Her wealth is secured by the colossal, long-term, stable profitability of the global automotive and mobility sector.

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Renu Munjal's Timeline


1980s (approx.):

Renu Munjal assumes an executive role in the family business (Executive Ascent).

2015 (November):

Her father-in-law, Brijmohan Lall Munjal, passes away (Succession).

Ongoing:

Continues as a major family shareholder and MD of the Hero Group Foundation (Executive Oversight).

Major Business Ventures and Investments


Renu Munjal's wealth is concentrated in her family's controlling stake and executive leadership of the publicly traded automotive giant, Hero MotoCorp Ltd. (NSE: HEROMOTOCO), and the Hero Group Foundation.

  • Hero MotoCorp Ltd. (Co-owner & Executive): The core publicly traded asset, the world's largest manufacturer of two-wheelers (with significant market share in India and global exports).
  • Industrial Focus: Her fortune is tied to the long-term, stable profitability of the global automotive and mobility sector (two-wheelers).
  • Family Governance: She and her family control a substantial stake in the publicly traded company.
  • Philanthropy: She is the Managing Director of the Hero Group Foundation, focusing on education and women's empowerment.

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Philanthropy and Social Impact


Renu Munjal's social impact is structural, stemming from Hero MotoCorp's role as a massive industrial employer and foundational provider of essential personal and commercial transportation (two-wheelers) for the Indian mass market. Her leadership of the Hero Group Foundation provides a massive structural contribution to education, healthcare, and skill development in India. Her structural contribution is tied to the successful generational transition and stable private control of a critical Indian industrial asset.

Her personal philanthropy supports various community and educational initiatives.

Fashion, Style, and Lifestyle


Renu Munjal maintains the professional, composed style of a corporate executive. Her attire is consistently formal and high-quality, favoring tailored business suits or traditional Indian business attire. Her aesthetic reflects serious authority and stability, typical of a leader in the global industrial sector.

Residing in New Delhi, India, her luxury is the immense security and financial reward derived from her multi-billion dollar fortune. Her life is dedicated to corporate governance, strategic investment, and philanthropy.

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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • She is an heir and executive of Hero MotoCorp, the world's largest manufacturer of two-wheelers.
  • She is the Managing Director of the Hero Group Foundation.
  • Her family's empire was founded by her late father-in-law, Brijmohan Lall Munjal.
  • Hero MotoCorp is a global leader in two- and three-wheel vehicles.
  • Her structural wealth is tied to the long-term, stable profitability of the global automotive sector.
  • She is known for maintaining a private profile despite her vast corporate interests.
  • Her philosophy emphasizes social welfare and brand preservation.

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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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