Balkrishna


Balkrishna is an Indian billionaire businessman and chairman of the consumer goods company Patanjali Ayurved. He was reported by Forbes to have a net worth of US$1.5 billion as of January 2020.

Early life

Balkrishna was born on 4 August 1972 in Haridwar, Uttarakhand to Nepalese immigrants, Sumitra Devi and Jay Vallabh Subedi from Syangja, Nepal.

Career

In 1995, Balkrishna and Ramdev founded Divya Yoga Pharmacy in Haridwar, and in 2006, they founded Patanjali Ayurved, a fast-moving consumer goods company involved in the manufacturing and trading of FMCG, herbal, and ayurvedic products. Followers of Ramdev, NRIs Sunita and Sarwan Poddar, helped kick-start the business with a loan. According to Balkrishna, he had taken out a ₹50–60 crore loan at a time when he had never held a personal bank account in his name. In 2012, the company posted a turnover of which by 2015–2016 had risen to.
While Ramdev does not hold a stake in Patanjali Ayurved, he is the face of the firm and endorses its products to his followers across his yoga camps and television programmes. Balkrishna owns 98.6% of the company and serves as its managing director. He is a close aide of Ramdev.

Awards

Balkrishna was awarded the Champions of Change award in 2019, for his work in the field of Ayurved.
Acharya Balkrishna was awarded the UNSDG 10 Most Influential People in Healthcare Award, for his work in Healthcare sector.
Acharya Balkrishna received Best Wellness Impact Global award from the CFI.co.
Acharya Balkrishna honored with ''Bheeshma Puraskar" by Sant shree Gyaneshwar Gurukul, Pune.
Acharya Balkrishna was awarded with AIMA Managing India Award 2018 for the Transformational Business Leader of the Year by
Central Minister Rajyavardhan Singh Rathore.
Acharya Balkrishna was awarded with “Shalin Manav Ratna Award- 2018” By Anoopam Mission for his contribution towards social welfare and Ayurveda.
Acharya Balkrishna Ji Honored with Degree of Doctor of letter by S-Vyasa Deemed University Swami Vivekananda Yoga Anusandhana Samsthana for outstanding work done in the field of Yoga and Ayurveda.
Acharya Ji Honored with “Geeta Ratna Samman” by Spirituality Consciousness Association on January 2018 for his contribution towards Yoga and Ayurveda.

Personal life

Balkrishna lives in Haridwar, Uttarakhand, and is unmarried.