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Balkrishna (Indian billionaire) Bio, Facts. 

Balkrishna

Born Name: Balkrishna Subedi
Date of Birth: 4 August 1972
Place of Birth: Haridwar

Other Name: Acharya Balkrishna
Known for: 98.6% owner of Patanjali Ayurved
Title: MD/CEO, Patanjali Ayurved
Education: Sampurnanand Sanskrit Vishwavidyalaya
Net worth: US $1.4 billion (December 2019)
Title: MD/CEO, Patanjali Ayurved
Parents: Jay Vallabh Subedi (father), Sumitra Devi (mother)
Website: www.acharyabalkrishna.com

Balkrishna (born Balkrishna Subedi; 4 August 1972) is an Indian billionaire, and the owner and chairman of the consumer goods company Patanjali Ayurved. He was reported by Forbes to have a net worth of US$1.4 billion as of December 2019.

Early life
Balkrishna was born on 4 August 1972 in Haridwar, Uttarakhand (then Uttar Pradesh) to Nepalese immigrants, Sumitra Devi and Jay Vallabh Subedi from Syangja, Nepal.

Career
In 1995, Balkrishna and Ramdev founded Divya Yoga Pharmacy in Haridwar, and in 2006, they founded Patanjali Ayurved, an FMCG company involved in the manufacturing and trading of FMCG, herbal, and ayurvedic products. Followers of Ramdev, NRIs Sunita and Sarwan Poddar, helped kick-start the business with a loan. According to Balkrishna, he had taken out a ₹50–60 crore loan at a time when he had never held a personal bank account in his name. In 2012, the company posted a turnover of ₹450 crore (US$63 million) which by 2015–2016 had risen to ₹5,000 crore (US$700 million).

While Ramdev does not hold a stake in Patanjali Ayurved, he is the face of the firm and endorses its products to his followers across his yoga camps and television programmes. Balkrishna owns 98.6% of the company and serves as its managing director.[better source needed] He is a close aide of Ramdev.

Personal life
Balkrishna lives in Haridwar, Uttarakhand, and is unmarried.

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Categories: 1972 births,Indian billionaires,Indian people of Nepalese descent,Indian people,Businesspeople from Uttarakhand,People from Haridwar,Indian business biography stubs

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