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From LIC Agent to Billionaire: The Journey to Rs 44,000 Crore Empire
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From LIC Agent to Billionaire: Lachhman Das Mittal's Rs 44,000 Crore Journey at 93
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News18
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03-04-2026, 11:59
From LIC Agent to Billionaire: Lachhman Das Mittal's Rs 44,000 Crore Journey at 93
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Lachhman Das Mittal, 93, becomes India's oldest billionaire, entering Forbes list with Rs 44,000 crore net worth.
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Started as an LIC agent in 1955, pursued higher education, including a gold medal in MA English.
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Faced a major business failure before retirement, losing all savings in an agricultural equipment venture.
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Founded Sonalika Group after retiring in 1996, focusing on tractor manufacturing, which became a global success.
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Sonalika Group now exports to over 120 countries; Mittal remains actively involved in business decisions.
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