India newest billionaire

Lalit Khaitan, at the age of 80, has recently emerged as India's newest billionaire

He has achieved billionaire status through his successful entrepreneurial ventures.

He holds the position of Chairman at Radico Khaitan, a significant role contributing to his financial success.

He is an alumnus of St. Xavier's College, Kolkata, showcasing a strong educational foundation.

The success of Radico Khaitan under his leadership has played a crucial role in his billionaire status.

He has estimated net worth of $1 billion.

Khaitan was a teetotaller until his father acquired the Rampur distillery business in 1972

It was for a price of Rs 16 lakhs