top 10 richest man in indiaApril 16, 2018
top 10 richest man in india
(1.)Mukesh Dhirubhai Ambani
Mukesh Dhirubhai Ambani (born 19 April 1957) is an Indian business magnate who is the chairman, managing director and largest shareholder of Reliance Industries Limited (RIL), a Fortune Global 500 company and India’s most valuable company by market value.He holds a 44.7% stake in the company. RIL deals mainly in refining, petrochemicals, and in the oil and gas sectors. Reliance Retail Ltd., another subsidiary, is the largest retailer in India.
Net Worth: $19billion
Azim Hashim Premji (born 24 July 1945) is an Indian business tycoon and philanthropist, who is the chairman of Wipro Limited. He is informally known as the Czar of the Indian IT Industry. He was responsible for guiding Wipro through four decades of diversification and growth to finally emerge as one of the global leaders in the software industry. In 2010, he was voted among the 20 most powerful men in the world by Asiaweek. He has twice been listed among the 100 most influential people by TIME Magazine, once in 2004 and more recently in 2011.Premji owns 73% percent of Wipro and also owns a private equity fund, Premji Invest, which manages his $2 billion worth of personal portfolio.
Net Worth: $18.4billion
The company was founded in 1914 by Parmanand Deepchandh Hinduja, who was from a Sindhi family based in India. Initially operating in Karachi and Mumbai, India, he set up the company’s first international operation in Iran in 1919.
Under the leadership of its chairman, Srichand, today the Hinduja Group has become one of the largest diversified groups in the world. The group employs over 70,000 people and has offices in cities of the world and all the major cities in India. In 2017, Srichand and Gopichand Hinduja were described as the wealthiest men in Britain with an estimated wealth of £18.4 billion
Net Worth: $16.5billion
The Steel Baron of India – Lakshmi Mittal
Lakshmi Niwas Mittal is an Indian-born steel magnate who is currently based in the United Kingdom and is the chairman and CEO of ArcelorMittal, the world’s largest manufacturer of steel. Fondly refered to as the Steel Baron of India, he is known for his lavish lifestyle and spening money on his family.He is the owner of a majority (38%) of the total shares in ArcelorMittal and is also the co-owner of the Queens Park Rangers F. C. with 34% stake in the professional football club.
Net Worth: $16billion
Pallonji Shapoorji Mistry (born 1929) is an Indian-born Irish construction tycoon and chairman of Shapoorji Pallonji Group. According to Forbes, his wealth is estimated to be US$16.9 billion as of September 2016. With his 18.4% stake in Tata Sons,he is the largest individual shareholder in India’s largest private conglomerate, Tata Group, the primary shareholder of which is the Tata philanthropic Allied Trusts, with 66 per cent controlling interest.
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Net Worth: $14.2billion
- The Godrej family controls the $4.6 billion (revenue) Godrej Group, a 120-year-old consumer-goods giant.
- The group was established by lawyer Ardeshir Godrej, who gave up his profession to make locks in 1897.
- Today the group is chaired by patriarch Adi Godrej, an MIT grad, who took charge as chairman in 2000.
- Key group companies include Godrej Consumer Products, chaired by Adi Godrej’s daughter Nisaba and Godrej Properties, run by his son Pirojsha.
- The family owns a vast parcel of land in suburban Mumbai that remains its biggest asset.
Net Worth: $13.6billion
Shiv Nadar is the Indian business tycoon and pioneer. He is the chairperson and chief strategy officer at HCL technologies, a global IT service company, with it’shead quarters in Noida, India. He is the only Indian to establish computer systems industry in India. He’s one of India’s richest person and a Forbes billionaire with a net worth of US $14.8 billion dollars. He founded HCL technologies in mid 1970’s and transformed the IT hardware company to an IT enterprise over three decades. In 2008 he was honored with Padambhushana for his efforts in the IT industry.
(8.) Kumar Birla
Net Worth: $12.6billion
Kumar Mangalam Birla (born 14 June 1967) is an Indian industrialist and the chairman of the Aditya Birla Group, one of the largest conglomerate corporations in India. He is also the chancellor of the Birla Institute of Technology & Science, and the chairman of the Indian Institute of Technology Delhi.Commodities king Kumar Birla is the fourth generation head of the storied, $41 billion (revenue) Aditya Birla Group.
(9.)Dilip Shanghvi & family
Net Worth: $12.1billion
Dilip Shanghvi is an Indian businessman, pharmaceutical magnate and philanthropist. He is best known as the founder of the Sun Pharmaceuticals and currently serves the company as its Managing Director. Shanghvi was born on 1stOctober, 1955, in Gujarat, India.Son of a pharma distributor, Dilip Shanghvi borrowed $200 from his father to start Sun Pharmaceutical Industries in 1983 to make psychiatric drugs.
(10.)Gautam Adani & family
Net Worth: $11billion
- Ports tycoon Gautam Adani controls Mundra Port, India’s largest, in his home state of Gujarat.
- His $12 billion (revenue) Adani Group’s interests include power generation and transmission, real estate and commodities.
- Adani’s overseas assets include Australia’s Abbott Point port and the controversial Carmichael coal mine, billed as one of the world’s largest.
- Adani’s son Karan runs listed firm Adani Ports & SEZ, now the family’s biggest asset.
- Adani Group has partnered Swedish defence firm Saab to make Gripen fighter jets in India.