Mangal Prabhat Lodha

Mangal Prabhat Lodha

Mangal Prabhat Lodha (#841)

Global Rank #841
Country Rank #38
Country India

Mangal Prabhat Lodha is listed among the world billionaires tracked by Iconic Billionaires.

  • $ 5 B
  • Real estate
  • India
  • M
  • 70 Years

Snapshot

Quick Facts

Global Rank #841
Country Rank #38
Net Worth $5.0B
Previous Worth $5.0B
Worth Change +$0.0B
Country India
Industry Real estate
Age 70 Years
Gender M
Worth As Of May 4, 2026
Residence Mumbai, India
Citizenship India

Profile Data

Personal Stats

Age 70
Source Of Wealth Real estate, Self Made
Residence Mumbai, India
Citizenship India
Marital Status Married
Children 2
Net Worth Change +$0.0B +0.0% from previous worth
Previous Net Worth $5.0B
Current Net Worth $5.0B

Worth as of May 4, 2026

About Me

Politician and property magnate Mangal Prabhat Lodha founded developer Lodha group in Mumbai in 1980, now known as Macrotech Developers. 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. Abhinandan has since left the business. Lodha built Mumbai's Trump Tower, a 78-story luxury skyscraper, located in a complex called The Park, in midtown Mumbai. In 2021, Lodha completed Macrotech's long-delayed IPO. The company has since changed its name to Lodha Developers.

Achievements

Forbes List Highlights

A snapshot of the list placements and rankings connected to Mangal Prabhat Lodha.

#684
Billionaires (2026)
#35
India's Richest (2025)

Insights

Did You Know?

Lodha was the Mumbai president of the ruling Bharatiya Janata Party until 2022.

He successfully lobbied for a law to ban the slaughter of cows, a key electoral plank for his political party, in his home state of Maharashtra.

Lodha's sons ended a 50 billion rupees ($571 million) trademark feud in April 2025.

Abhishek now has rights to use 'Lodha' and 'Lodha Group' brands and Abhinandan has rights to use 'House of Abhinandan Lodha' brand.

Wealth Growth

Net Worth Growth Over Time

Tracking Mangal Prabhat Lodha's net worth journey over the years, highlighting key growth phases and financial milestones.

Worth Trend Net Worth Growth
Period Change Worth Movement
Current Net Worth: $5.0B (May 4, 2026)