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Bangur
Benu Gopal Bangur
Rank #719
INDIA•Manufacturing•Cement

Benu Gopal Bangur

Net Worth
$5.753B
+1.16% (24h)
Benu Gopal Bangur, born in 1931, is an Indian billionaire and the chairman of Shree Cement. His source of wealth stems from his majority stake in the cement manufacturing industry. After attending Calcutta University, Bangur built Shree Cement into one of India's largest cement producers. With a current estimated net worth of $6.6 billion, Bangur is known for his strategic leadership, philanthropic endeavors, and commitment to sustainable practices in the cement industry.

How to read Benu Gopal Bangur's profile

Public net-worth figures are estimates. They combine observable inputs—typically listed equity, disclosed transactions, and market prices—with editorial judgment where filings are incomplete (for example, private holdings, debt, or cross-holdings). For Benu Gopal Bangur, we anchor the narrative to Cement and Cement, then update the headline number as markets move. The chart on this page is meant to show trajectory, not a certified balance sheet.

When you see $5.753B alongside global rank #719, interpret it as our best synthesis of widely cited ownership and price signals—not a claim about cash on hand. Estimates can diverge from other publishers because of different treatment of options, trusts, charitable vehicles, or illiquid assets. We document the general approach in methodology and welcome corrections via corrections.

Country (INDIA) and career milestones on this page are curated for reader context; they should be verified against primary sources when used for research. Editorial metadata for this profile is refreshed on a rolling basis, with deeper audits at least annually (last noted cycle: 2026).

Looking for depth? When available, the dossier and timeline sections below add long-form context beyond the headline number—prioritize those modules when evaluating claims about strategy, controversies, or philanthropic commitments.

The Full Dossier

Early Life

Benu Gopal Bangur was born in 1931 into a Marwari Hindu family in Kolkata, West Bengal, India. He completed his B.Com degree from Calcutta University. The Bangur business empire was started in the late 19th century by his grandfather, Mungee Ram Bangur, and his brother, Ram Coowar Bangur.

Rise to Success

Benu Gopal Bangur's career began with the family business. In 1991, the Bangur family business split into five groups. He took control of Shree Cement in the mid-1990s. Under his leadership, Shree Cement expanded significantly. He transformed Shree Cement from a small regional player into one of India's largest cement companies. His son, Hari Mohan Bangur, has been running Shree Cement since 1990.

Key Business Strategies

Benu Gopal Bangur focused on cost-efficiency and technological innovation. Shree Cement became known for its use of advanced technology and sustainable practices. The company has expanded its cement production capacity through strategic acquisitions, such as Jaiprakash Associates in 2014 and Union Cement Company in the UAE in 2018. Shree Cement has an installed cement production capacity of 66.8 mtpa, including overseas operations.

Philanthropy

Benu Gopal Bangur is also a dedicated philanthropist, contributing significantly to education and rural development. He has supported charitable initiatives.

Career Timeline

2022

Stepped down as Chairman

Benu Gopal Bangur stepped down as chairman and his son Hari Mohan Bangur was appointed chairman.

1990

Chairman of Shree Cement

Benu Gopal Bangur became Chairman of Shree Cement.

1990

Son takes over

His son, Hari Mohan Bangur, took over the reins of Shree Cement.

1979

Shree Cement Founded

Founded by Benu Gopal Bangur.

1961

Took over Family Business

Took over the family business after his father's death.

1931

Birth

Born into a Marwari Hindu family in Kolkata, West Bengal, India.

Philanthropic Impact

Education and Rural DevelopmentUnknown

Support for Education and Rural Development

Benu Gopal Bangur has supported various initiatives in education and rural development.

Charitable Causes$4M

Donation to Charitable Causes

A notable donation toward various charitable causes in 2025.

Key Business Ventures & Holdings

CompanyStakeValue
Shree Cement62.55%$5.5M

Net Worth History

In-Depth Analysis

Early Life

Benu Gopal Bangur was born in 1931 into a Marwari Hindu family in Kolkata, West Bengal, India. He completed his B.Com degree from Calcutta University. The Bangur business empire was started in the late 19th century by his grandfather, Mungee Ram Bangur, and his brother, Ram Coowar Bangur.

Rise to Success

Benu Gopal Bangur's career began with the family business. In 1991, the Bangur family business split into five groups. He took control of Shree Cement in the mid-1990s. Under his leadership, Shree Cement expanded significantly. He transformed Shree Cement from a small regional player into one of India's largest cement companies. His son, Hari Mohan Bangur, has been running Shree Cement since 1990.

Key Business Strategies

Benu Gopal Bangur focused on cost-efficiency and technological innovation. Shree Cement became known for its use of advanced technology and sustainable practices. The company has expanded its cement production capacity through strategic acquisitions, such as Jaiprakash Associates in 2014 and Union Cement Company in the UAE in 2018. Shree Cement has an installed cement production capacity of 66.8 mtpa, including overseas operations.

Philanthropy

Benu Gopal Bangur is also a dedicated philanthropist, contributing significantly to education and rural development. He has supported charitable initiatives.

Data Sources & Methodology

Figures for Benu Gopal Bangur are synthesized from the sources below and cross-checked against our net worth methodology. Estimates may lag market moves; see corrections to report discrepancies.

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