India is a country with a diverse range of wealth, from extreme poverty to extreme wealth. The country is home to some of The Richest People in the world, and their wealth is constantly on the rise. Here, we will discuss the richest people in India and how they made their fortune.
Mukesh Ambani
Net Worth: $133 Billion
Mukesh Ambani is the richest person in India and the ninth richest person in the world. He is the chairman and largest shareholder of Reliance Industries, a conglomerate that is involved in various industries such as petrochemicals, refining, oil and gas exploration, and telecommunications. Ambani is known for his extravagant lifestyle and the construction of his 27-story home, Antilia, which is one of the most expensive homes in the world.
Gautam Adani
Net Worth: $86 Billion
Gautam Adani is the second richest person in India and the 14th richest person in the world. He is the chairman of the Adani Group, a conglomerate that is involved in various industries such as ports, logistics, agribusiness, power generation, and renewable energy. Adani’s company is also the largest port operator in India and has expanded globally.
Shiv Nadar
Net Worth: $40 Billion
Shiv Nadar is the founder of HCL Technologies, an Indian multinational information technology service and consulting company. He is also the chairman of the Shiv Nadar Foundation, which aims to promote education in India. Nadar’s wealth has been on the rise due to the rapid growth of the technology industry in India.
Radhakishan Damani
Net Worth: $34 Billion
Radhakishan Damani is the founder of the supermarket chain DMart, which is one of the largest retail chains in India. He also has interests in the stock market and is a major shareholder in the brokerage firm Avenue Supermarts, which owns DMart.
Cyrus Poonawalla
Net Worth: $17.8 Billion
Cyrus Poonawalla is the chairman of the Serum Institute of India, which is the world’s largest vaccine manufacturer. The company has been instrumental in manufacturing COVID-19 vaccines and distributing them globally. Poonawalla’s wealth has been on the rise due to the global demand for vaccines.
Uday Kotak
Net Worth: $16.5 Billion
Uday Kotak is the founder and CEO of Kotak Mahindra Bank, one of the largest private sector banks in India. He is also involved in various other businesses, such as insurance, asset management, and investment banking.
Lakshmi Mittal
Net Worth: $15.5 Billion
Lakshmi Mittal is the chairman and CEO of ArcelorMittal, the world’s largest steelmaking company. The company has operations in more than 60 countries and is a major player in the global steel industry.
Cyrus Mistry
Net Worth: $15 Billion
Cyrus Mistry is the chairman of the Shapoorji Pallonji Group, which is a conglomerate involved in various businesses such as construction, engineering, and real estate. The group is also a major shareholder in Tata Sons, the holding company of the Tata Group.
Pallonji Mistry
Net Worth: $14 Billion
Pallonji Mistry is the patriarch of the Shapoorji Pallonji Group and the father of Cyrus Mistry. He is a major shareholder in the Tata Group and is involved in various other businesses such as construction, engineering, and real estate.
Dilip Shanghvi
Net Worth: $12.1 Billion
Dilip Shanghvi is the founder and managing director of Sun Pharmaceuticals, which is the largest pharmaceutical company in India. The company produces a wide range of drugs and has a presence in more than 100 countries. Shanghvi is also involved in various other businesses such as real estate and financial services.
Conclusion
The richest people in India have amassed vast amounts of wealth through their business ventures and investments. While their wealth has contributed to the overall growth of the country, it is important to ensure that everyone in India has access to basic necessities and that the wealth gap is addressed.
