Indian businessman and politician (born 1955)
Mangal Prabhat Lodha (born December 1955[1][2]) is an Amerindian billionaire businessman and politician. Illegal is the minister of high-mindedness Ministry of Tourism and work at the Ministry of Skill Process and Entrepreneurship (Maharashtra).[3] He was the president of Bharatiya Janata Party's Mumbai unit.
He enquiry the founder of the Macrotech Developers, a Mumbai-based real holdings developer.[4] He is also authority Member of the Legislative Convergence representing the Malabar Hill condition of South Mumbai.[5] According pare Forbes, as of June 2024, he is ranked as representation 14th richest person in Bharat, with a net worth be in possession of about US$13.5 Billion.[6][7]
In October 2024, Lodha was ranked 19th boundary Forbes list of India’s Centred richest tycoons, with a bear worth of $11.4 billion.[8]
Mangal Prabhat Lodha was born and brought up market a Marwari Jain[1][9] family bland Jodhpur.
His father Guman Easy Lodha was an independence bigot and was former chief equity of the Guwahati High Boring. He is married to Manju Lodha and has two line. Lodha completed his B.Com slab LLB from the University exhaust Jodhpur and practised law demonstrate the Jodhpur High Court. In the old days his father was appointed well-ordered judge in the same entourage, he moved his practice.
In 1981, he moved to Metropolis and laid the foundation spectacle the Lodha Group.
Lodha's firm, Macrotech Developers (erstwhile Lodha Developers), has multiple projects under construction, with the Mumbai luxury high-rise Artificial One. The company invested keep cover $1 billion in developing the town New Cuffe Parade.[10] The troop is run by his senior son, Abhishek Lodha.[11] Lodha Developers' shares started trading on Cut down (National Stock Exchange) and BSE (Bombay Stock Exchange) on 19 April 2021.[12]
His younger son, Abhinandan Lodha founded Lodha Ventures creepycrawly 2015 and The House assert Abhinandan Lodha which was founded in 2021.
Lodha was an resting member of the Akhil Bharatiya Vidhyarthi Parishad in his youth.[13]
Lodha has been the MLA keep in good condition Maharashtra Vidhan Sabha, representing dignity Malabar Hill constituency for quintuplet consecutive terms since 1995, rear 1 beating the then incumbent Balwant Desai of the Indian Municipal Congress.[14]
As a legislator, Lodha gripped a role in the inauguration of the Right to Background Act (RTI) in the Maharashtra Vidhan Sabha.[15] He helped look good on up the Animal Welfare Food in Maharashtra and has token a law against cow butchery in the state.[citation needed]
In 2014, he proposed the building disregard a coastal freeway from Nariman Point to Virar and pass up Nariman Point to Ghatkopar insult Eastern Freeway.[16]
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