Meet Man Who Overcame Tough Childhood, Started Business With Rs 50,000, Became Richest Homeopath Doctor—His Net Worth Is...

Born on September 16, 1955, in Mahabubnagar, Telangana, Dr. Jupally Rameshwar Rao came from a farming family. Despite financial challenges, he was determined to achieve more through education, walking miles to attend school after losing his father at a young age.

In 1974, Rao moved to Hyderabad to study homeopathy, a decision that would change his life. His time in college also saw him rise as a student leader, laying the groundwork for future business connections and leadership.

Initially practicing homeopathy in Dilsukh Nagar, Hyderabad, Dr. Rao took a life-changing step by investing Rs 50,000 in a plot of land, which turned into Rs 1,50,000 in just three years. This profitable venture encouraged him to leave his medical practice and embrace business.

In 1981, Rao founded My Home Constructions, which quickly became one of the top real estate companies in Southern India. His keen business sense transformed a modest investment into a booming empire.

Rao didn't stop with real estate. In 1997, he ventured into the cement industry by founding Maha Cement. His strategic move to sell a 50% stake in the company for Rs 1,429 crore in 2008 led to massive growth, making it one of South India's largest cement producers.

Dr. Rao's business savvy continued as he acquired Sree Jayajyothi Cements for Rs 1,400 crore in 2013. His empire grew stronger, with Maha Cement now boasting an impressive production capacity of 10 million tonnes.

As of 2024, Dr. Rao’s estimated net worth is a staggering $2.5 billion (₹18,480 crore), making him one of the wealthiest individuals in India and a leading figure in Hyderabad’s business landscape.