Top 10 Richest People in Punjab 2025
Sun, 27 Jul 2025
The wealthiest people in Punjab include textile and manufacturing magnates, auto parts moguls, as well as the political elite as of April 2025. A state with the richest people can be seen through the prism of not only centennial industrialists but also new businessmen.
1. Gupta Rajinder
The richest man in Punjab is Rajinder Gupta and his net worth is about 13,800 crores. He started Trident Group, which dealt with textiles and paper manufacturing. His leadership has made the company a global exporter and has also gained him recognition, such as the Padma Shri award.
2. Paritosh Kumar & Family
A second position goes to Paritosh Kumar, the Happy Forgings chairman, and 10,300 crores net worth. His company is a dominant producer of auto-component forgings, which exports to large automotive clients in other countries.
3. Vardhman Textiles SP Oswal
The chairman of Vardhman Group, S. P. Oswal has a net worth of approximately 7,400 crore. His company is one of the biggest textile manufacturers in India, and it produces yarns, fabrics, and garments having a strong presence worldwide.
4. Onkar Singh Pahwa and Family
The family of Onkar Singh Pahwa, the owner of Avon Cycles, has forged a tradition of bike making that sees the company exporting to many other countries. He is worth 1,700 crores in net worth.
5. Rajinder Mittal
Rajinder Mittal is the Chairman of BCL Industries, and he has direct input in the agro‑processing and edible oils. He is valued at approximately 1200 crores of rupees and is a prominent industrial name in the region of Bathinda.
7. Harbhajan Singh
Harbhajan Singh, a former cricketer, has spread his wings in the manufacture of sports gear and in entertainment. His net worth is pegged at 700 crore, and he is still one of the high-standing businessmen in the environs of Ludhiana.
8. H. S. Badal & Family
The Badal family (ex-Punjab deputy CM Sukhbir Singh Badal and the ex-Union Minister Harsimrat Kaur Badal) has a combined declared wealth pegged at 217 crore. They bring together politics, agriculture, and land ownership.
9. Harsimrat Kaur Badal
In independent capacity, the individual assets of Harsimrat Kaur Badal are reported as 198 crores made in the agricultural and lobbying activities. She declared her wealth in her filings for the 2024 Lok Sabha elections.
10. Taranjit Singh Sandhu
Taranjit Singh Sandhu, a political leader of Shiromani Akali Dal in Bathinda is also registered with his known assets amounting to nearly 32.75 crore INR, which ranks him in the top ten richest persons in the state of Punjab.
Conclusion
The prosperity of the Punjab in 2025 reveals the state of being industrially developed and having its main origin in the textiles industry, manufacturing, and agribusiness. The most prominent industrialist is Rajinder Gupta, with the Badal family as the manifestation of the intersection of economic and political influence. In the meantime, entrepreneurs such as Paritosh Kumar and SP Oswal draw attention to the transformation of the industrial heritage of Punjab to the current industrial dominance.