NetWorth
LeaderPortfolio
Lodha
Mangal Prabhat Lodha
Rank #799
INDIA•Diversified•Real estate

Mangal Prabhat Lodha

Net Worth
$5.174B
-2.16% (24h)
Mangal Prabhat Lodha, born in Jodhpur, Rajasthan, is a prominent Indian businessman and politician. His wealth stems from his successful ventures in the real estate sector, where he founded Macrotech Developers (formerly Lodha Group) in 1980. Lodha's career includes developing significant residential and commercial properties in Mumbai and beyond. With a net worth estimated at $6.0 billion, he is a well-known figure in India's business and political landscape. Lodha has also served as a Member of the Legislative Assembly (MLA) in Maharashtra since 1995 and is actively involved in philanthropic initiatives through the Lodha Foundation.

How to read Mangal Prabhat Lodha'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 Mangal Prabhat Lodha, we anchor the narrative to Real estate and Real estate, 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 $5.174B alongside global rank #799, 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 and Education

Mangal Prabhat Lodha was born in December 1955, in Jodhpur, Rajasthan, into a Marwari Jain family. His father was a freedom fighter and former Chief Justice of the Guwahati High Court. Lodha completed his B.Com and LLB degrees from the University of Jodhpur and began practicing law in the Jodhpur High Court.

Rise to Success

In 1981, Lodha moved to Mumbai and laid the foundation for the Lodha Group, now known as Macrotech Developers. He started by building homes for the middle class in Mumbai's suburbs. Under his leadership, the company expanded rapidly, acquiring prime land parcels and entering the commercial and luxury market. Notable projects include World One and Trump Tower Mumbai.

Key Business Strategies

Lodha's strategic approach involved acquiring valuable land, timely project execution, and a deep understanding of market demands. His focus on quality and luxury has set benchmarks in the real estate sector. The company expanded beyond Mumbai, with projects in Pune, Bengaluru, and London.

Philanthropy

Lodha is known for his philanthropic activities. He founded the Lodha Foundation, which supports education, healthcare, and rural development. His son, Abhishek, transferred a significant portion of his shareholding in Macrotech Developers to the Lodha Philanthropy Foundation. This foundation focuses on initiatives related to women, children, environment, and Indian culture.

Career Timeline

2022

Minister of Skill Development and Entrepreneurship (Maharashtra)

Appointed as the Minister of Skill Development and Entrepreneurship in the Maharashtra Government.

1995

Member of the Maharashtra Legislative Assembly

Elected as the Member of the Legislative Assembly of Maharashtra, representing the Malabar Hill constituency.

1980

Founded Lodha Group

Established Lodha Group (now Macrotech Developers), a real estate development company, in Mumbai.

Philanthropic Impact

Education, Healthcare, Rural DevelopmentUndisclosed

Lodha Foundation

Supports education, healthcare, and rural development.

Key Business Ventures & Holdings

CompanyStakeValue
Macrotech Developers72.00%—

Net Worth History

In-Depth Analysis

Early Life and Education

Mangal Prabhat Lodha was born in December 1955, in Jodhpur, Rajasthan, into a Marwari Jain family. His father was a freedom fighter and former Chief Justice of the Guwahati High Court. Lodha completed his B.Com and LLB degrees from the University of Jodhpur and began practicing law in the Jodhpur High Court.

Rise to Success

In 1981, Lodha moved to Mumbai and laid the foundation for the Lodha Group, now known as Macrotech Developers. He started by building homes for the middle class in Mumbai's suburbs. Under his leadership, the company expanded rapidly, acquiring prime land parcels and entering the commercial and luxury market. Notable projects include World One and Trump Tower Mumbai.

Key Business Strategies

Lodha's strategic approach involved acquiring valuable land, timely project execution, and a deep understanding of market demands. His focus on quality and luxury has set benchmarks in the real estate sector. The company expanded beyond Mumbai, with projects in Pune, Bengaluru, and London.

Philanthropy

Lodha is known for his philanthropic activities. He founded the Lodha Foundation, which supports education, healthcare, and rural development. His son, Abhishek, transferred a significant portion of his shareholding in Macrotech Developers to the Lodha Philanthropy Foundation. This foundation focuses on initiatives related to women, children, environment, and Indian culture.

Data Sources & Methodology

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

You may also like

HubAll BillionairesHubGlobal RankingsHubNewsroom