LeaderPortfolio
Jain
Kishore Jain
Rank #1964
INDIAFashion & RetailJewellery

Kishore Jain

Net Worth
$2.124B
0% (24h)
Kishore Jain is a prominent Indian businessman, with a net worth of $2.2 Billion as of March 2026. He is the owner and operator of Khazana Jewellery, a well-known jewelry business based in Chennai. Kishore Jain's career began with a wholesale jewelry business founded by his father, Bhoormal Sehsmalji, and he established his first retail store in 1976. He has been instrumental in growing Khazana Jewellery to a large scale, with numerous stores across India and internationally.

The Full Dossier

Early Life

Kishore Jain's family hails from Takhatgarh village in the Pali district of Rajasthan. His father, Bhoormal Jain, moved to Nellore, Andhra Pradesh, in 1954 to start a jewelry wholesale business called Jewellery House. Kishore spent his formative years observing his father's business acumen, learning the fundamentals of the trade.

Rise to Success

After his father's passing in 1978, Kishore Jain took over the family business. He opened his first retail store in Nellore in 1976 and shifted the base to Chennai in 1989. Under his leadership, Khazana Jewellery expanded significantly, becoming a well-known brand with a strong presence across India and in Sharjah.

Key Business Strategies

Kishore Jain's success is attributed to perseverance, hard work, and a deep understanding of the market. Khazana Jewellery's strategy revolves around constantly reinventing trends in the precious ornamental jewelry sector. He has expanded the business to include over 50 stores in India and five in the UAE, resulting in a substantial turnover.

Philanthropy

While specific details about Kishore Jain's philanthropic efforts are not readily available, his association with the Jain International Trade Organization (JITO), which promotes ethical business practices and community welfare, suggests a commitment to giving back.

Career Timeline

2026

Forbes Billionaire List

Listed as a billionaire in Forbes with a net worth of $2.2 Billion.

1989

Shifted Base to Chennai

Moved the business to Chennai, expanding its reach and influence in the jewelry market.

1976

Opened First Retail Store

Established his first retail store in Nellore, Andhra Pradesh, marking the beginning of Khazana Jewellery's retail presence.

Wealth Trajectory