LeaderPortfolio
Agrawal
Raamdeo Agrawal
Rank #2132
INDIAFinance & InvestmentsFinancial services

Raamdeo Agrawal

Net Worth
$1.928B
-3.45% (24h)
Raamdeo Agrawal is an Indian billionaire and the co-founder and Chairman of Motilal Oswal Financial Services. With a net worth of $1.8 billion, he is a prominent figure in the Indian financial sector. His career began as a sub-broker in 1987 and he co-founded Motilal Oswal Financial Services with Motilal Oswal. His investment strategy is largely inspired by Warren Buffett. He is a Chartered Accountant and holds a Bachelor of Commerce degree from the University of Mumbai. Agrawal is known for his value investing approach, emphasizing quality, growth, longevity, and price (QGLP) in his investment framework. He is also a philanthropist who has pledged to donate a significant portion of his stake in Motilal Oswal to charitable causes.

How to read Raamdeo Agrawal'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 Raamdeo Agrawal, we anchor the narrative to Financial services and Financial services, 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 $1.928B alongside global rank #2132, 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

Raamdeo Agrawal was born in Raipur, Chhattisgarh, India, in 1957, into a humble Marwari family. He displayed an early interest in the financial market. He pursued Chartered Accountancy in Mumbai, where he also earned a Bachelor of Commerce degree from the University of Mumbai.

Rise to Success

Agrawal began his career as a sub-broker in 1987. In the same year, he co-founded Motilal Oswal Financial Services (MOFSL) with Motilal Oswal, which has grown into a leading financial services company in India. Agrawal's family owns a significant stake (approximately 36%) in the company. His early understanding of the market helped him co-write the book "Corporate Numbers Game" in 1986. He is also the author of "The Art of Wealth Creation."

Key Business Strategies

Agrawal's business strategies have been centered around value investing, inspired by Warren Buffett. He developed the QGLP (Quality, Growth, Longevity, and Price) investment framework. He has been releasing annual wealth creation studies since 1996, which have become valuable resources for investors.

Philanthropy

In 2023, Agrawal pledged to donate 5% of his stake in Motilal Oswal for charitable purposes, particularly in education, health, and rural upliftment. In October 2024, Agrawal, along with Motilal Oswal, donated 4.24 lakh shares to the Motilal Oswal Foundation.

Career Timeline

2023

Pledged to donate 5% of his stake in Motilal Oswal to charity.

Committed to supporting education, health, and rural upliftment through philanthropic efforts.

2018

Chhattisgarh Citizen of the Year

Honored as the "Chhattisgarh Citizen of the Year" at the Chhattisgarh Excellence Awards.

1995-1999

Awarded Rashtriya Samman Patra

Received the Rashtriya Samman Patra from the Central Board of Direct Taxes for exemplary tax compliance.

1996

Started the Motilal Oswal Wealth Creation Study

Launched the annual Wealth Creation Study, a key resource for Indian investors.

1986

Co-authored "Corporate Numbers Game"

Co-authored the book "Corporate Numbers Game", a significant work on financial analysis.

1987

Co-founded Motilal Oswal Financial Services

Co-founded Motilal Oswal Financial Services (MOFSL) with Motilal Oswal, starting as a sub-broking unit.

Philanthropic Impact

Education, Health, Rural Upliftment$XB

Motilal Oswal Foundation Donations

Supports educational institutions and other charitable causes.

Key Business Ventures & Holdings

CompanyStakeValue
Motilal Oswal Financial Services36.00%$1.2M

Net Worth History

In-Depth Analysis

Early Life

Raamdeo Agrawal was born in Raipur, Chhattisgarh, India, in 1957, into a humble Marwari family. He displayed an early interest in the financial market. He pursued Chartered Accountancy in Mumbai, where he also earned a Bachelor of Commerce degree from the University of Mumbai.

Rise to Success

Agrawal began his career as a sub-broker in 1987. In the same year, he co-founded Motilal Oswal Financial Services (MOFSL) with Motilal Oswal, which has grown into a leading financial services company in India. Agrawal's family owns a significant stake (approximately 36%) in the company. His early understanding of the market helped him co-write the book "Corporate Numbers Game" in 1986. He is also the author of "The Art of Wealth Creation."

Key Business Strategies

Agrawal's business strategies have been centered around value investing, inspired by Warren Buffett. He developed the QGLP (Quality, Growth, Longevity, and Price) investment framework. He has been releasing annual wealth creation studies since 1996, which have become valuable resources for investors.

Philanthropy

In 2023, Agrawal pledged to donate 5% of his stake in Motilal Oswal for charitable purposes, particularly in education, health, and rural upliftment. In October 2024, Agrawal, along with Motilal Oswal, donated 4.24 lakh shares to the Motilal Oswal Foundation.

Data Sources & Methodology

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