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As soon as the name of Ranchi, the capital of Jharkhand is mentioned, the first thing that comes to mind is the face of former Indian cricket team captain and global icon Mahendra Singh Dhoni. With a net worth of more than Rs 1040 crore, Dhoni is considered to be the richest and tax paying person of Ranchi and Jharkhand. But do you know that in the capital of this beautiful state of water, forest and land, there are some influential and prestigious families whose business empire and net worth give direct competition to even Captain Cool MS Dhoni? These three influential families of Ranchi, who have proved their mettle in coal, steel, real estate and automobile sectors, are counted among the rich families of the country. Let us know who are these billionaire families and what is their total wealth.
Chaudhary family: Ranchi’s largest industrial and business house
The name of Choudhary family comes at the top among the most influential and rich families of Ranchi. This family has a big business empire in the fields of coal mining, steel manufacturing, real estate and automobile in entire Jharkhand and many parts of the country including Ranchi. The net worth of Prakash Chaudhary and his family, who heads this decades-old business house, is estimated to be in billions of rupees. The family owns large commercial and residential properties in posh areas like Lalpur, Bariatu and Kanke Road of Ranchi. Their pomp and royal lifestyle is discussed in the entire business corridor of Jharkhand.
Jalan family: uncrowned kings of real estate and retail sector
The Jalan family has a big hand in the shining high-rise buildings, malls and modern residential societies of Ranchi. This family, which has established its strong influence in real estate, construction and retail sectors, is counted among the richest families of Ranchi. Several large shopping complexes, showrooms and VIP townships located in the heart of the city have been constructed by Jalan Group. Apart from real estate, this family also has investments worth crores in hotel industry and automobile dealership. The total wealth and net worth of the Jalan family is so high that it has the power to make even the biggest giants drink water.
Budhiya family: veteran players of iron and core manufacturing industry
The name of Budhia Family of Ranchi is taken with utmost respect and status in the business of iron, coal and infrastructure. The steel rolling mills, iron ore mines and heavy manufacturing units under the Budhiya Group are spread across Jharkhand and the neighboring states of Bihar and Odisha. The net worth of this family, which has been active in the business world for several generations, is also in billions of rupees. Along with business, the family is also known for its social and philanthropic activities (CSR). Many educational institutions and social trusts located in the city are run by this family.
Dhoni vs these influential families of Ranchi: Who is stronger than whom?
On one hand, Mahendra Singh Dhoni has built an empire worth crores through his hard work, his captaincy on the cricket field, advertisements and investments in various startups, while on the other hand, these traditional business houses of Ranchi have been making their mark in core sectors for the last several decades. If the valuations of the land bank, industrial units and commercial properties are combined, the individual and collective net worth of these three families would be equal to or even higher than Dhoni’s total net worth. This is the reason why he is called the real ‘Business Tycoon’ of Jharkhand.