In
2024, Ramesh Kunhikannan, a 60-year-old entrepreneur from Mysore, India, made his debut on
the prestigious Forbes Billionaires List with a net worth of $1.2 billion.
In
1988, Ramesh Kunhikannan founded Kaynes Technology as a contract manufacturer of
electronics, marking the beginning of his entrepreneurial journey.
Over the years, Kaynes
Technology flourished under Kunhikannan's leadership, specializing in assembling printed
circuit boards and expanding to eight factories across India.
Kunhikannan
played a key role in India's historic Chandrayaan-3 mission by supplying electronic systems
that powered both the rover and the lander, contributing to the successful landing on the
Moon's surface in August 2023.
Following the success of
Chandrayaan-3 and Kaynes Technology's impressive performance in the market, the company's
stock values surged, tripling in value since its debut in November 2022.
With his 64%
stake in Kaynes Technology and the skyrocketing value of the company's shares, Ramesh
Kunhikannan secured his position among the world's richest individuals, as recognized by
Forbes in 2024.
His journey from
a humble beginning to the Forbes Billionaires List exemplifies the power of innovation and
entrepreneurship and inspires aspiring entrepreneurs worldwide.