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Top 10 Richie Rich of India

10. Kumar Mangalam Birla:

Kumar Mangalam Birla the fourth generation who is heading the Aditya Birla Group of $48.3 Billion revenue. Aluminum, cement, financial and telecom services are the spanning areas by the group. In 2018, Kumar Birla’s telecom firm Vodafone Idea formed by merging Idea Cellular and Vodafone India. His Novelis of Aleris got approved $ 2.6 Billion acquisition as an aluminium producer in Ohia by the European Commission on October 2019. His net worth is $9.9 Billion as of October 2019 and $10.1Billion till 14th Jan’2020.

9. Laxmi Mittal:

Laxmi Mittal, Chairman and CEO of ArcelorMittalof $76 Billion, which is the biggest steelmaker in the world. Mittal went on merging Mittal Steel and France’s Arcelor in 2006. In 2018, the reported profit of the company was $5.1 Billion but suffered a loss of $33 Million from the first half of 2019 for decreasing steel price. His biding for $5.9 Billion for the bankrupt Essar Steel got accepted by the creditors. Arcelor Mittal has $2.1 Billion acquisition by Italy’s Ilva, the loss-making steel group. His net worth is $11.8 Billion as of October’2019 and $11.8 Billion till 14th Jan’2020.

8. Godrej Family:

Adi Godrej is the Chairman of The Godrej Family of $4.7 Billion in revenue. Godrej family is a 122-year-old consumer-good giant. In 2000, Adi Godrej became chairman of the group. It was established by Lawyer Ardeshir Godrej in 1897. Adi Godrej’s daughter Nisaba Godrej now chaired the Godrej consumer product and his son Pirojsha Godrej running the Godrej properties. A vast suburban land in Mumbai remains Godrej family’s biggest asset. His net worth is $12Billion as of October’2019.

7. Radhakrishna Damini & Family:

Radhakrishna Damini became India’s retail king for his supermarket chain Dmart after the March 2017 IPO. Damini steps into retailing in 2002 with a store in suburban Mumbai and keep going after that. From tobacco firm VST industries to beer maker of United Breweries, He holds many stakes of such companies. His property list includes a beach-front getaway near Mumbai and 156 room Radisson Blu Resort in Alibag. His Net worth is $14.3 Billion as of October’2019 and $ 14.6 Billion till 14th Jan’2020.

6. Shiv Nadar:

Shiv Nadar is the Chairman HCL Technologies of $8.9 Billion revenue. HCL is India’s largest software service provider. HCL agreed to buy software products from IBM for $1.8 Billion in 2018. HCL employs 1, 43,000 worker world across. His net worth is $14.8 Billion as of October’2019 and $16 Billion till 14th Jan’2020.

5. Uday Kotak:

In 1985 Uday Kotak started a finance firm later convert it into a Bank in 2003. Kotak Mahindra Bank became India’s top 4 banks in the private sector but its acquisition in 2014 of ING Bank’s Indian operations. His net worth is $14.8 Billion as of October’2019 and $14.9 Billion till 14th Jan’2020.

4. Pallonji Mistry:

Pallonji Mistry heads the 154-year-old engineering and construction giant Shapoorji Pallonji Group, headquartered in Mumbai. The biggest asset of the family is 18.4% stake in Tata Sons, Tata group outfit of $111 Billion revenue, a clustered of 30 companies. Mistry’s older son Shapoor owns Eureka Forbes, Indias leading water purifier. The net worth of the SP group is $15 Billion as of October’2019 and $15.8 Billion Billion till 14th Jan’2020.

3. Hinduja Brothers:

Multinational agglomerate, Hinduja group runs by the close-knit siblings, Prakash, Ashok, Srichand and Gopichand. Trucks, lubricants, cable television and banking are the ranges by this business group. The brother owns some laudable overseas property like a historic old war office building in Whitehall, Carlton House Terrace near Buckingham Palace. Hinduja Brother’s net worth is $15.6 Billion as of October’2019 and $16.2 Billion Billion till 14th Jan’2020.

2. Gautam Adani And Family:

Gautam Adani’s Adani Group expertise in power generation, transmission, edible oil, defence and real state. Adani Group’s revenue is $13 Billion. Ports tycoon has assets in Australia’s Abbott Point port and Carmichael coal mine. Adani got permission to start coal mining after 9 years in 2019. He also controls Mundra Port in Gujrat. The net worth of Adani Family is $15.7 Billion as of October’2019.

1. Mukesh Ambani:

Mukesh Ambani is now the 9th richest man across the world and richest across the country. He runs Reliance industries of $88 Billion revenue. Reliance dropped a price war in countries competitive telecom market through the launch of Jio 4G phone service. Now Jio has a family of 340 Million customers across India. The net worth of Ambani is $51.4 Billion as of October’2019 and $59.3Bllion Billion till 14th Jan’2020.

Image and Ranking data courtesy: Forbes

Written by Swati Suvra

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