There is more to DMart Founder Damani than his newly acquired Rs 1,000 crore home in Mumbai

Those who know Radhakishan Damani, the 66-year-old founder of Indian retail giant DMart, describe him as a focussed wealth creator and a typical under-the-radar operator, much like his good old friend Rakesh Jhunjhunwala, India’s ace stock market investor. In fact, DMart’s website also describes Damani as “an astute investor in the Indian equity market.” Therefore, when the news was out that Damani had bought a new 5752,22 sq metre home in the tony Malabar Hill of Mumbai for a whopping Rs 1,001
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