Lalit Khaitan, the 80-year-old chairman of Radico Khaitan, is India’s newest billionaire after his company's shares surged more than 50% this year.
Radico Khaitan is known for iconic brands like Magic Moments vodka, 8 pm whiskey, Old Admiral brandy, and Rampur single malt.
Despite making his fortune from selling alcholic beverages since he inherited his family business in the 1970s, Khaitan is ironically known to be a teetotaller!