Ramoji Rao Net Worth: The Business Empire of a Media Mogul
Ramoji Rao is a well-known Indian businessman, media mogul, and philanthropist. He is the chairman of the Ramoji Group, a diversified conglomerate with interests in film production, television, newspapers, and entertainment. With a net worth estimated to be in the billions, Ramoji Rao is one of the wealthiest individuals in India.
Early Life and Career
Ramoji Rao was born on November 16, 1935, in Pedaparupudi, a small village in the West Godavari district of Andhra Pradesh, India. He started his career as a journalist and worked with several newspapers before venturing into the world of film production.
Business Empire
Ramoji Rao's business empire is vast and diversified, with interests in various sectors. Some of the key companies and ventures under the Ramoji Group include:
Eenadu
Eenadu is one of the largest Telugu-language newspapers in India, with a daily circulation of over 1.5 million copies. Founded in 1974, Eenadu is a flagship publication of the Ramoji Group and has been a driving force behind the group's success.
Eenadu Television
Eenadu Television is a popular Telugu-language television network that operates several channels, including Eenadu TV, Etv2, and ETV News. The network reaches millions of viewers across India and abroad.
Ramoji Film City
Ramoji Film City is a massive film production facility located in Hyderabad, Telangana, India. Spread over 2,000 acres, it is one of the largest film studios in the world and has hosted numerous film and television productions.
Mayuri
Mayuri is a popular film production company founded by Ramoji Rao in the 1980s. The company has produced several blockbuster films in Telugu, Hindi, and other languages.
Philanthropy
Ramoji Rao is also a well-known philanthropist and has contributed significantly to various social causes. He has founded the Ramoji Rao Foundation, which works towards education, healthcare, and rural development.
Net Worth
Ramoji Rao's net worth is estimated to be around ₹25,000 crore (approximately $3.5 billion USD). His business empire, which spans across media, entertainment, and other sectors, has contributed significantly to his wealth.
Awards and Recognition
Ramoji Rao has received several awards and honors for his contributions to the Indian media and entertainment industry. Some of his notable awards include:
- Padma Vibhushan: India's second-highest civilian honor, awarded in 2016
- Dada Saheb Phalke Award: India's highest honor in the field of cinema, awarded in 2009
Conclusion
Ramoji Rao's rags-to-riches story is an inspiration to many. From humble beginnings as a journalist to building a business empire worth billions, he is a true entrepreneur and philanthropist. His contributions to the Indian media and entertainment industry are unparalleled, and his philanthropic efforts have made a significant impact on society.