Benu Gopal Bangur

Benu Gopal Bangur

Chairman emeritus, Shree Cement · Updated 5 Nov 2026

Benu Gopal Bangur is chairman emeritus of Shree Cement, which his family controls. Forbes' real-time list valued him at $6.07 billion (about ₹57,840 crore) on 5 November 2026, 28th in India and 688th in the world 12.

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QUICK FACTS
Full nameBenu Gopal Bangur
Born1 June 1931 (Forbes)
Age95
Age95 (November 2026)
NationalityIndian
EducationUniversity of Calcutta
Known forControlling Shree Cement
Current roleChairman emeritus, Shree Cement (since October 2022)
Net worth$6.07 billion, about ₹57,840 crore (Forbes real-time, 5 Nov 2026); #28 in India, #688 in the world
Source of wealthCement, inherited
Main holdingAbout 2.26 crore Shree Cement shares (Forbes)
ResidenceKolkata
FamilySon Hari Mohan Bangur (chairman); grandson Prashant Bangur (vice-chairman)
01 · Biography

Who is Benu Gopal Bangur?

Who is Benu Gopal Bangur?

Who is Benu Gopal Bangur? He is chairman emeritus of Shree Cement, the Kolkata-headquartered cement maker that his family controls and that Wikipedia describes as India’s third-largest cement group by capacity 14. Born in 1931, he is one of the oldest billionaires in India 1. He stepped down as chairman on 14 October 2022, when his son Hari Mohan Bangur took over and his grandson Prashant Bangur became vice-chairman 6.

Shree sells cement under the Shree Ultra Jung Rodhak, Bangur Cement and Rockstrong brands, and Forbes calls it one of India’s most cost-efficient producers 1. It reported consolidated revenue of about ₹21,604 crore and net profit of about ₹1,749 crore for the year to March 2026, and had 69.3 million tonnes a year of cement capacity in India 59.

How did Benu Gopal Bangur make his money?

Forbes classes his fortune as inherited 1. The key stages:

  1. A family empire: His grandfather, Mungee Ram Bangur, a Calcutta stockbroker, co-founded the Bangur business in the late 19th century; Forbes says the Bangurs were among India’s top ten business families in the 1950s and 1960s 13.
  2. Shree Cement (1979): Shree was incorporated in 1979 and commissioned its first plant at Beawar, Rajasthan, in 1983 4.
  3. Family split (1990s): The wider group was divided among five branches in 1991, and he gained control of the cement business in the 1990s 134.
  4. Expansion: Shree grew through new plants and deals such as the 2018 purchase of Union Cement in the UAE for about $305 million 4.

See Benu Gopal Bangur’s net worth.

What companies does Benu Gopal Bangur own?

His wealth comes from his family’s majority stake in Shree Cement; Forbes counts about 2.26 crore shares 1. Shree operates plants at 18 locations in India and a 4 million tonne plant in Ras Al Khaimah, and has 666.5 MW of green power capacity 45. See Benu Gopal Bangur’s companies.

What is Benu Gopal Bangur’s net worth?

Forbes’ real-time list put Benu Gopal Bangur’s net worth at $6.07 billion (about ₹57,840 crore) on 5 November 2026, 28th in India and 688th in the world 12. It rose by about $206 million, or 3.51%, that day 1.

Early life and education

Forbes gives his birth date as 1 June 1931 1. He was born into a Marwari business family of Kolkata and studied at the University of Calcutta 3. Read the Benu Gopal Bangur biography.

Who is in Benu Gopal Bangur’s family?

He is widowed and has two children 3. His son Hari Mohan Bangur, an IIT Bombay chemical engineer, has run Shree since 1990 and is chairman; shareholders approved his reappointment from 1 April 2026 38. Hari Mohan’s son Prashant is vice-chairman 16. See Benu Gopal Bangur’s family.

Where does Benu Gopal Bangur live?

He lives in Kolkata, where Shree has its corporate headquarters 14. Forbes says he supports the preservation and greening of sand dunes near the Brahma temple at Pushkar in Rajasthan 1. See Benu Gopal Bangur’s lifestyle.

Benu Gopal Bangur’s career at a glance

Key dates: birth (1931), Shree incorporated (1979), first plant (1983), production starts (1985), Hari Mohan takes charge (1990), family split (1991), full control (1995), Union Cement (2018), chairman emeritus (2022). See the Benu Gopal Bangur career timeline.

Rankings Benu Gopal Bangur appears in

In this profile · 7 pages

Everything about Benu Gopal Bangur

Net worth1 minBenu Gopal Bangur's net worth is about ₹57,840 crore ($6.07 billion), mostly in Shree Cement.Read net worth → Biography1 minA Kolkata business heir who built Shree Cement.Read biography → Family1 minThree generations at Shree Cement.Read family → Companies1 minShree Cement, its brands and its UAE arm.Read companies → Lifestyle1 minKolkata, Pushkar's dunes and a quiet retirement.Read lifestyle → Timeline1 minFrom a 19th-century Calcutta firm to Shree Cement in 2026.Read timeline → NewsUpdated 5 NovThe latest reporting on Benu Gopal Bangur, newest first.Read news →
02 · Timeline

Career timelineCareer at a glance

Full timeline
  1. 1931PERSONALBorn on 1 June
  2. 1983MILESTONEFirst plant commissioned at Beawar, Rajasthan
  3. 1991PERSONALBangur group split among five branches
  4. 2018DEALShree buys Union Cement, UAE, for about $305 million
  5. 2026ROLEHari Mohan reappointed chairman from 1 April
06 · FAQ

Questions people ask

Benu Gopal Bangur is chairman emeritus of Shree Cement, which his family controls. Forbes valued him at $6.07 billion, about ₹57,840 crore, on 5 November 2026.
The Bangur family holds a majority stake. Hari Mohan Bangur is chairman and Prashant Bangur vice-chairman.
Forbes gives his birth date as 1 June 1931, so he is 95.
Bangur Cement is a brand of Shree Cement, which the Bangur family controls. Benu Gopal Bangur is chairman emeritus, his son Hari Mohan Bangur is chairman and his grandson Prashant Bangur is vice-chairman.
Yes. Venu Gopal Bangur and Benugopal Bangur are other spellings people use for Benu Gopal Bangur, chairman emeritus of Shree Cement.
His exact birthplace has not been reliably published. Forbes gives his birth date as 1 June 1931, and he belongs to the Bangur business family of Kolkata, where he still lives.
Sources Last verified 5 Nov 2026
  1. 1Forbes, Benu Gopal Bangur (Real-Time Billionaires), 5 Nov 2026, net worth, rank, bio
  2. 2Metropolitan Stock Exchange of India, RBI reference rate archive, 30 Oct 2026, USD/INR 95.2492
  3. 3Wikipedia, Benu Gopal Bangur, family
  4. 4Wikipedia, Shree Cement, company
  5. 5Shree Cement, Press release: Q4 FY26 results, 6 May 2026, capacity
  6. 6Business Standard, Shree Cement announces change in directorate, 14 Oct 2022, chairman change
  7. 7YourStory, 92 Years Old with a Rs 62,320 cr Fortune: Benu Gopal Bangur's Legacy, 11 Dec 2023
  8. 8Board Stewardship, Hari Mohan Bangur reappointed as Chairman of Shree Cement, 7 Feb 2026, Hari Mohan
  9. 9Whalesbook, Shree Cement FY26 profit surges 55%, 6 May 2026, FY26
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