Who Is The Richest Person In Assam?

With a combination of entrepreneurship, politics, and philanthropy, Ajmal has transformed from a small-town businessman into one of the most influential figures in Northeast India.

Badruddin Ajmal – The Richest Person in Assam

Badruddin Ajmal is an Indian businessman, politician, and philanthropist who has built one of the most successful perfume empires in the world. Born in 1950 in Hojai district of Assam, he comes from a family of traditional perfume traders who migrated from Hojai to Mumbai in search of business opportunities.

He is the founder and chairman of the Ajmal Group of Companies, which has established itself as one of the most renowned perfume brands across the Middle East and Southeast Asia. The Ajmal brand is especially popular in the UAE, Saudi Arabia, Kuwait, Oman, Qatar, and Malaysia, with over 300 retail outlets worldwide.

The Rise of the Ajmal Group

Ajmal’s journey began in the 1950s when his father, Haji Ajmal Ali, started selling attars (natural perfumes) made from agarwood and other aromatic plants found in Assam. The agarwood (locally known as ‘sasi’) trade was the foundation of their family business.

Over the decades, Badruddin Ajmal expanded this small-scale perfume business into a global brand — Ajmal Perfumes, headquartered in Dubai. The company became a leader in natural and synthetic fragrance manufacturing, competing with global luxury brands.

Today, Ajmal Perfumes exports to more than 45 countries, producing a wide range of perfumes, attars, essential oils, and cosmetics.

Ajmal’s Net Worth and Global Influence

As of 2025, Badruddin Ajmal’s estimated net worth is over ₹700 crore (approx. USD 85 million), making him the wealthiest person from Assam. However, some industry sources suggest that his total family wealth, including international holdings, could be much higher.

His group’s flagship perfume business generates multi-crore annual revenue, with headquarters in the UAE and major manufacturing facilities in India and the Gulf. Ajmal Perfumes’ collaboration with international fragrance designers and the growing popularity of Arabic fragrances have contributed to its continued success.

Political Journey – From Business to Leadership

Apart from being a businessman, Badruddin Ajmal is also a well-known political figure in Assam. He is the President of the All India United Democratic Front (AIUDF), a political party that has become a key player in Assam’s electoral politics since its formation in 2005.

Ajmal has represented the Dhubri constituency in the Lok Sabha multiple times and is known for his influence in Assam’s socio-political landscape. His focus on minority education, employment, and community welfare has earned him both support and criticism in the political sphere.

Educational and Charitable Contributions

Badruddin Ajmal is deeply involved in philanthropy through the Ajmal Foundation, a charitable organization that focuses on education, health, and social upliftment in Assam and other parts of India.

The foundation operates several schools, colleges, and vocational training institutes, including:

• Ajmal Group of Colleges (Hojai, Dhubri, and Goalpara)

• Ajmal Super 40, a coaching initiative for underprivileged students preparing for medical and engineering entrance exams

• Ajmal CSR Healthcare projects, which organize free medical camps and community clinics

Through these initiatives, Ajmal has helped thousands of students and families in rural Assam gain access to quality education and healthcare.

Business Beyond Perfumes

While Ajmal Perfumes remains the flagship business, the group has diversified into multiple sectors, including:

• Education and Skill Development

• Pharmaceuticals

• Banking and Finance

• Agro-industries

• Charitable Trusts and Foundations

This diversification reflects Ajmal’s vision of sustainable development and his commitment to empowering Assam’s youth through education and entrepreneurship.

Global Recognition and Awards

Ajmal’s contributions have earned him several honors and recognitions:

• Recognized among the Top Entrepreneurs of Indian Origin in the UAE

• Awarded for philanthropic work in education and rural development in Assam

• Honored by community organizations for promoting Assamese identity abroad

His company, Ajmal Perfumes, has also been awarded multiple times in the Middle East for quality, brand excellence, and innovation.

Ajmal’s Legacy and Family Involvement

Badruddin Ajmal’s sons, Abdullah Ajmal and Abdur Rahim Ajmal, have joined the family business and also serve as political representatives in Assam. This next generation continues to balance business growth with social service, keeping their father’s vision alive.

The Ajmal family today symbolizes the successful blend of Assamese heritage, global entrepreneurship, and community leadership.

Conclusion – The Face of Assam’s Economic Power

Badruddin Ajmal’s journey from a small town in Assam to becoming an international perfume magnate is an inspiring story of ambition and perseverance. His life reflects how local resources, like Assam’s agarwood, can create global opportunities when combined with vision and innovation.

In 2025, he remains the richest person in Assam, but beyond wealth, his legacy lies in his contribution to society, education, and the upliftment of underprivileged communities.

FAQs With Short Answers

Q1. Who is the richest person in Assam in 2025?
The richest person in Assam in 2025 is Badruddin Ajmal, founder of Ajmal Perfumes and president of AIUDF.

Q2. What is Badruddin Ajmal’s main business?
His main business is Ajmal Perfumes, an international fragrance company based in Dubai.

Q3. What is the estimated net worth of Badruddin Ajmal?
His estimated net worth is over ₹700 crore as of 2025.

Q4. Where was Badruddin Ajmal born?
He was born in Hojai district, Assam.

Q5. What political party does Badruddin Ajmal lead?
He leads the All India United Democratic Front (AIUDF).

Q6. What is the Ajmal Foundation known for?
It is known for promoting education, health, and social welfare across Assam.

Q7. How many countries does Ajmal Perfumes operate in?
Ajmal Perfumes operates in over 45 countries worldwide.

Q8. What inspired the Ajmal perfume business?
The business began from Assam’s agarwood (oud) trade started by Ajmal’s father.

Q9. What are some other sectors Ajmal Group is involved in?
Education, healthcare, finance, agriculture, and social welfare.

Q10. What makes Badruddin Ajmal important to Assam’s development?
His business success and philanthropic work have created jobs, schools, and opportunities for thousands in Assam.