Nirmal Kumar Minda is one of the few billionaires in India whose name hardly appears in the media. He prefers to live a simple life away from the media spotlight. However, in August 2024, when Hurun India Rich List 2024 was released on the internet, Nirmal Kumar Minda broke the headlines. The billionaire was announced as the richest person in Gurugram with a staggering net worth.
Gurugram is home of a series of famous billionaires, which is the reason why Nirmal Kumar Minda started receiving a lot of attention for being the city's richest person. For the uninitiated, India's biggest food delivery company, Zomato's co-founder and CEO, Deepinder Goyal is also a resident of Gurugram. As per the Hurun India Rich List 2024, Deepinder is the second richest person in Gurugram, behind Nirmal Kumar Minda. However, the reason why the news shocked everyone is because Deepinder has an estimated net worth of Rs. 9,300 crore.
On the contrary, Nirmal Kumar Minda surpassed Deepinder Goyal with his whopping net worth of Rs. 30,800 crore, which is almost three times more than the entire wealth of Zomato's CEO. Talking about Nirmal Minda's position in India's billionaires index, he reportedly sits in the 91st position. Some of the renowned billionaires, he has surpassed are the likes of P.V. Ramprasad Reddy, K. Dinesh, Bhadesh Shah, Venu Srinivasan, Prathap Reddy, Kiran Mazumdar-Shaw, and many more.
For the uninitiated, UNO Minda is one of the world's biggest and leading auto component and system manufacturers. UNO Minda was founded in 1958, and in the last 65 years, they've made their mark in the automotive industry supply chain with their innovative ideas. The company was originally founded by Nirmal Kumar Minda's father, Shadilal Minda, in 1958. Interestingly, it started as a modest garage in Delhi, which used to deal in motorcycle electrical accessories. However, with time, the small garage turned into a company.
Nirmal Kumar Minda joined the family enterprise in 1977 but went his own way after splitting from his brother (name unknown) in the 1990s. After parting ways from his brother, Nirmal Kumar went on to take UNO Minda to unprecedented heights. As of now, UNO Minda Group has a total of 73 manufacturing plants, 30 R&D and Engineering Centres, and 15 Joint ventures with technology partners in different parts of the world.
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Talking about the personal life of UNO Minda's chairman, Nirmal Kumar Minda, the billionaire businessman is happily married to Suman Minda. For the uninitiated, Suman Minda is the Chairperson of the Suman Nirmal Minda Foundation (SNMF), which is the CSR branch of Uno Minda. Not only this, Suman Minda also holds the position of Promoter at SNMF. The couple is blessed with two daughters, Paridhi and Pallak.
Nirmal Kumar Minda and Suman Minda's elder daughter, Paridhi Minda is married to Vivek Jindal, who also belongs to a business family. Nirmal Kumar and Suman's younger daughter, Pallak Minda is leading a steady married life with her husband, Gaurav Jindal. According to a 2011 report in ETimes, Pallak's father, Nirmal Kumar Minda had booked Bollywood celebrities, Katrina Kaif, Kareena Kapoor Khan, and others to perform at his daughter's wedding. If 13 years ago, he was this much wealthy and influential, one can imagine the stature of his lifestyle now that he has become Gurugram's richest person.
What are your thoughts on Nirmal Kumar Minda's inspiring journey from working at a garage to turning it into a multi-billion-dollar company? Let us know.
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