Brijmohan Lall Munjal Net Worth
Brijmohan Lall Munjal Net Worth: Brijmohan Lall Munjal is an Indian entrepreneur with a net worth of $2.8 billion. Born in Kamaria, British India in 1923, he made his fortune as the founder of Hero MotoCorp, India’s leading motorcycle manufacturer. His company started as a small supplier of components to bicycle manufacturers, and later launched its own manufacturing division and started producing forks, handlebars and chains.
Ultimately, Hero MotoCorp grew into a major motorcycle manufacturer, becoming one of the nation’s leading producers with Hero Honda Motors in India. In addition, in 1986, the company set the Guinness World Records record for the world’s largest bicycle manufacturer. Currently, Munjal’s sons Pawan and Sunil run the Hero, they have taken the company to a higher level by producing many new variants of the current model, and they are also working on making the cheapest two-wheeler in the country. In addition, Hero is expanding overseas, acquiring a 49% stake in U.S. Erik Buell Racing for $25 million last year, and plans to expand in Latin America and Africa. In addition, Munjal has received several outstanding awards including Businessman of the Year 1994 and Serious and Young Entrepreneur of the Year 2001, and he is also the recipient of the National Award for Outstanding Contribution to Small Industry Development in India.
