India is a country that has produced many successful entrepreneurs and business tycoons. The Indian economy has been growing at a rapid pace, and with that growth, the number of billionaires in India has also increased. This article will discuss the top 10 richest people in India and their net worth.
Introduction
India has a population of over 1.3 billion people, making it the second-most populous country in the world. Despite its vast population, only a small percentage of Indians have reached the level of wealth that the top 10 billionaires in India have achieved. The Indian economy has been growing at a steady rate over the years, and this has allowed for the emergence of successful entrepreneurs and business leaders.
Mukesh Ambani
Mukesh Ambani is the richest person in India and the ninth richest person in the world, with a net worth of $96.5 billion. He is the chairman and largest shareholder of Reliance Industries Limited (RIL), a conglomerate that has interests in petrochemicals, refining, oil, and gas exploration. Ambani has also been investing heavily in the digital space, with Reliance Jio becoming the leading telecom company in India.
Gautam Adani
Gautam Adani is the second-richest person in India, with a net worth of $70.7 billion. He is the chairman of the Adani Group, a conglomerate that has interests in ports, logistics, power generation, and transmission. The Adani Group has also been investing heavily in renewable energy and has become a major player in the solar power sector.
Shiv Nadar
Shiv Nadar is the third-richest person in India, with a net worth of $40.4 billion. He is the founder and chairman of HCL Technologies, an IT services company that has grown to become one of the largest IT companies in India. Nadar has also been active in the philanthropic space, establishing the Shiv Nadar Foundation to promote education and art.
Radhakishan Damani
Radhakishan Damani is the fourth-richest person in India, with a net worth of $30 billion. He is the founder of DMart, a chain of hypermarkets that has become one of the largest retailers in India. Damani has also been investing in the stock market and is known for his value-investing approach.
Cyrus Poonawalla
Cyrus Poonawalla is the fifth-richest person in India, with a net worth of $26.5 billion. He is the founder of Serum Institute of India, a company that has become the world’s largest vaccine manufacturer by volume. Poonawalla has been instrumental in producing vaccines for many diseases, including COVID-19.
Uday Kotak
Uday Kotak is the sixth-richest person in India, with a net worth of $21.9 billion. He is the founder and CEO of Kotak Mahindra Bank, a financial services company that has grown to become one of the largest private banks in India. Kotak has been actively involved in the development of the Indian financial sector and has been a vocal advocate of financial inclusion.
Pallonji Mistry
Pallonji Mistry is the seventh-richest person in India, with a net worth of $20.5 billion. He is the chairman of the Shapoorji Pallonji Group, a conglomerate that has interests in construction, real estate, and infrastructure. Mistry has also been a major shareholder in Tata Sons, the holding company of the Tata Group.
Lakshmi Mittal
Lakshmi Mittal is the eighth-richest person in India, with a net worth of $19.8 billion. He is the chairman and CEO of ArcelorMittal, the world’s largest steel company. Mittal has been instrumental in transforming the global steel industry and has been recognized for his contributions to the field.
Cyrus Pallonji Mistry
Cyrus Pallonji Mistry is the ninth-richest person in India, with a net worth of $17.2 billion. He is the former chairman of Tata Sons, the holding company of the Tata Group. Mistry was appointed as chairman in 2012 but was removed from his position in 2016 due to differences with the board.
Savitri Jindal
Savitri Jindal is the tenth-richest person in India, with a net worth of $16.9 billion. She is the chairperson of the Jindal Group, a conglomerate that has interests in steel, power, cement, and infrastructure. Jindal has been actively involved in the development of the Indian steel industry and has been recognized for her contributions to the sector.
Conclusion
The top 10 richest people in India have amassed a fortune through their hard work, determination, and entrepreneurial spirit. These individuals have not only created wealth for themselves but have also contributed to the development of the Indian economy. From Mukesh Ambani’s Reliance Industries to Gautam Adani’s Adani Group, these billionaires have built some of the largest conglomerates in India and have been instrumental in transforming various industries.
FAQs
Q.Who is the richest person in India?
Ans. The richest person in India is Mukesh Ambani, with a net worth of $96.5 billion.
Q. Who is the second-richest person in India?
Ans. The second-richest person in India is Gautam Adani, with a net worth of $70.7 billion.
Q. How many billionaires are there in India?
Ans. As of 2021, there are 140 billionaires in India, according to Forbes.
Q. Who is the richest woman in India?
Ans. The richest woman in India is Roshni Nadar Malhotra, with a net worth of $25.9 billion.
Q. How has the Indian economy been performing in recent years?
Ans. The Indian economy has been growing at a steady rate in recent years, with a GDP growth rate of 4.5% in 2020 and a projected growth rate of 9.5% in 2021.