Mangal Prabhat Lodha’s profile picture

Mangal Prabhat Lodha

Mangal Prabhat Lodha’s profile picture
Net worth 2018: $3.5 Billion
Industry: Real Estate
Residence: Mumbai, India
Country: India
Children: 2
BIOGRAPHY

Mangal Prabhat Lodha was born in Mumbai, India, India. Mangal Prabhat Lodha is #608 in List Billionaires People In The World. Politician and property magnate Mangal Prabhat Lodha founded privately held developer Lodha Group in Mumbai. A native of the desert state of Rajasthan, Lodha started off by building middle-class homes in Mumbai's far-flung suburbs. After his sons Abhishek and Abhinandan joined the business in 2003, the firm went on an expansion binge picking up prime land parcels. Lodha is building Mumbai's first Trump Tower, a 75-story luxury skyscraper, located in a complex called The Park, in midtown Mumbai.

NET WORTH STATISTIC
2011

$1.1 Billion

2012

$1 Billion

2013

$1.4 Billion

2014

$1.6 Billion

2015

$3.4 Billion

2016

$2.3 Billion

2017

$2 Billion

2018

$3.5 Billion

TIMELINE
2017

On 26 March 2017, Lodha demanded that the Jinnah House, the home of Pakistan founder Muhammad Ali Jinnah be demolished with a cultural center built in its place

1995

Lodha has been the representative of the Malabar Hill constituency since 1995, after beating the then incumbent Shri B

1981

In 1981, he moved to Mumbai and laid the foundation of the Lodha Group, which over the years, has grown into one of India’s leading real estate companies

1955

Mangal Prabhat Lodha (born 18 December 1955) is an Indian politician and vice-president of the Bharatiya Janata Party (BJP), Maharashtra, and is the founder of the Lodha Group—a Mumbai-based real estate developer into housing and commercial projects

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