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Motilal Oswal’s inspiring journey began in Padru village, Barmer, Rajasthan, where he was born into a Jain family. His father, a grain trader, provided a modest but comfortable life. Instead of continuing the family trade, Motilal chose to carve his own path by pursuing higher education.
Motilal studied at SPU Jain College in Falna before moving to Mumbai to pursue a career as a Chartered Accountant. This leap of faith was the first step toward his remarkable transformation from a small-town boy to a financial mogul.
In 1987, Motilal met Raamdeo Agarwal while staying in a Mumbai hostel. Their shared passion for finance and entrepreneurship led to a powerful partnership that would eventually reshape the Indian financial landscape.
Motilal and Raamdeo began as sub-brokers on the Bombay Stock Exchange. In 1989, they co-founded Motilal Oswal Financial Services Limited (MOFSL). While Raamdeo focused on research and finance, Motilal managed operations and customer relations, propelling the company to great heights.
Today, Motilal Oswal boasts a net worth of approximately Rs 15,965 crores ($1.9 billion). His financial empire stands as a testament to his hard work, vision, and relentless dedication.
Motilal’s success enabled him to purchase two lavish duplex apartments in Mumbai’s upscale '33 South' tower in 2022. Located near Mukesh Ambani’s iconic Antilia, the property was bought for a record ₹1.48 lakh per square foot.
From a grain trader’s son in a remote village to a financial giant living near Antilia, Motilal Oswal’s journey is proof that ambition and perseverance can lead to extraordinary achievements. His life story continues to inspire countless aspiring entrepreneurs.
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