In total India has 138 billionaires and India’s billionaires hold a combined total wealth that is more than the Union Budget outlay.
Indian billionaires plays a major role in India's economy.
“The combined total wealth of 63 Indian billionaires is higher than the total Union Budget of India for the fiscal year 2018-19 which was at Rs 24.42 trillion,” Oxfam said in its report.
Despite a slowdown of economic growth that caused more than half of India's 100 richest people to lose money, Ambani has only gotten richer, adding $4.1 billion to his fortune in the past year.
So lets dive into the list and see who are the top 10 richest persons of India.
Mukesh Dhirubhai Ambani is an Indian billionaire business magnate, and the chairman, managing director, and largest shareholder of Reliance Industries Ltd. (RIL), a Fortune Global 500 company and India's most valuable company by market value.He is currently the richest man in Asia.
2. Radhakishan Damani
Net Worth: 1,650 crores USD
Radhakishan S. Damani is an Indian investor, businessman and founder of DMart. As of February 2020, Damani is the second richest person in India.
Shiv
Nadar is an Indian billionaire industrialist and philanthropist.He is
the founder and chairman of HCL and the Shiv Nadar Foundation.He was
awarded Padma Bhushan for his efforts in the IT industry.
Uday
Kotak is an Indian billionaire banker, and the executive vice chairman
and managing director of Kotak Mahindra Bank.Kotak decided to start out
on his own, refusing a lucrative job option from a multinational. Over
the next few years, he diversified his business into various areas of
financial services, establishing a prominent presence in bills
discounting, stockbroking, investment banking, car finance, life
insurance and mutual funds.
5. Gautam Adani
Net Worth: 1,250 crores USD
Gautam Shantilal Adani (born 24 June 1962) is an Indian billionaire industrialist who is the chairman and founder of the Adani Group, multinational conglomerate involved in port development and operations in India. Adani is the president of the Adani Foundation, which is primarily led by his wife, Priti Adani.
He founded the Adani Group in 1988 and diversified his business into resources, logistics, energy, agriculture, defence and aerospace, amongst others.
He founded the Adani Group in 1988 and diversified his business into resources, logistics, energy, agriculture, defence and aerospace, amongst others.
Sunil Bharti Mittal is an Indian billionaire entrepreneur, philanthropist and the founder and chairman of Bharti Enterprises, which has diversified interests in telecom, insurance, real estate, education, malls, hospitality, Agri and food besides other ventures.
7. Cyrus Poonawalla
Net Worth: US$9.1 billion
Cyrus S. Poonawalla is an Indian businessman, the chairman of Poonawalla Group, which includes Serum Institute of India, the Indian biotech company that manufactures paediatric vaccines.
8. Kumar Birla
Net Worth: 830 crores USD
Kumar Mangalam Birla is an Indian billionaire industrialist, and the chairman of the Aditya Birla Group, one of the largest conglomerates in India. He is also the chancellor of the Birla Institute of Technology & Science, and the chairman of the Indian Institute of Technology Delhi and Indian Institute of Management Ahmedabad.
9. Lakshmi Mittal
Net Worth: 740 crores USD
Lakshmi Niwas Mittal is an Indian steel magnate, based in the United Kingdom. He is the chairman and CEO of ArcelorMittal, the world's largest steelmaking company.Mittal owns 38% of ArcelorMittal and holds an 20% stake in Queens Park Rangers F.C..
10.Azim Premji
Net Worth: 620 crores USD
Azim Hashim Premji is an Indian business tycoon, investor, engineer, 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.
So they were the top 10 richest persons of India. They all are one of the major contributors of Indian economy.
Comments
Post a Comment