List of top 5 richest people in Madhya Pradesh: Vinod Agrawal grabs the top spot, his net worth is massive Rs…, owner of…

According to the Hurun India Rich List, the richest person in Madhya Pradesh is Vinod Agrawal. Vinod Agrawal is the owner of Agrawal Coal Company

Written by: Victor Dasgupta Edited by: Victor Dasgupta

Published: September 24, 2025, 9:11 AM IST

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New Delhi: Madhya Pradesh has emerged as a hotspot for major business houses, with large companies establishing their presence across the state. The state has also become a hub for numerous prominent entrepreneurs. According to the Hurun India Rich List, the richest person in Madhya Pradesh is Vinod Agrawal. Vinod Agrawal is the owner of Agrawal Coal Company and has made his name in the coal business. Hailing from Indore, Vinod’s total wealth is approximately Rs 7,100 crore. In other words, he is leading the wealth race in Madhya Pradesh.

Here are some of the key details:

• According to the Hurun India Rich List, the richest person in Madhya Pradesh is Vinod Agrawal. Vinod Agrawal is the owner of Agrawal Coal Company
• Vinod’s total wealth is approximately Rs 7,100 crore.
• Dilip Suryavanshi is the second richest man in Madhya Pradesh
• Dilip is the founder of Dilip Buildcon.
• Based in Bhopal, Dilip’s wealth is around ₹3,800 crore.
• He is the Chairman and MD of Dilip Buildcon Limited and has been working in this field for the past 44 years.
• He started the company in 1987, which is now counted among the country’s major infrastructure companies.
• Shyamsundar Moondra, who is the owner of Ujaas Energy, is in the third position.
• He is a resident of Indore, and his wealth is estimated at around ₹3,500 crore.
• Ujaas Energy, which operates in the solar energy sector, has gained recognition across the country.
• Moondra’s company has played a significant role in advancing Madhya Pradesh towards green energy.

Dinesh Patidar from Indore grabbed the fourth position. Dinesh owns the Shakti Pumps. His total wealth is reported to be around Rs 3,400 crore. Dinesh’s company is known not only in India but also abroad for its pump systems. He designed his products keeping in mind the irrigation and rural needs, which helped his business reach the villages.

In the fifth position is Sudhir Agrawal from Bhopal, the owner of Sagar Manufacturers. His wealth is estimated at around ₹2,500 crore. He is a prominent name in the textile industry, and the Sagar Group is recognized across education, health, and industry sectors. Under Sudhir Agrawal’s leadership, the Sagar Group has established a strong presence in Bhopal and surrounding areas.