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Top 10 Richest Persons in India
Wish to be one? Take time to read about the Top 10 Richest Persons in India and get inspired!
It is often said that money cannot buy happiness. However, with an increasing inclination of the youth towards high-income jobs, the trend seems to be reversing. After all, money is, in fact, a major determinant in personal happiness. Here’s a look at a list of the top 10 Indians who managed to obtain such materialistic joy.
1) Mukesh Ambani
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India’s richest man is none other than the Chairman and Managing Director of Reliance Industries, Mr. Mukesh Ambani. Hailing from Gujarat, he is an alumnus of Institute of Chemical Technology (formerly the University Department of Chemical Technology) and a Stanford University dropout. He was the Ernst and Young Entrepreneur of the Year in 2000 and the Financial Chronicle Businessman of the Year in 2010 besides being the NDTV India Business Leader of the Year that very year. This year, his company’s telecom arm Reliance Jio teamed up with younger brother Anil Ambani’s Reliance Communication to bring 4G services to India.
Net Worth: $18.9 Billion Source of income: Petrochemicals, Oil and Gas World Ranking: 36 Age: 58
2) Dilip Sanghvi
With a Bachelor of Science/Arts degree from the Calcutta University, Dilip Sanghvi is the second richest man in the country. He currently lives in Mumbai, the commercial capital of India. He is the founder of India’s most valuable drug company, Sun Pharmaceutical Industries. Sun Pharma posted a 46% reduction in net profits in a recent quarter after its acquisition of rival Ranbaxy.
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Net Worth: $18.0 Billion Source of income: Pharmaceuticals World Ranking: 44 Age: 59
3) Azim Premji
With a strong educational background from Stanford University, Azim Premji is not only India’s third richest person but also one of Asia’s most generous men. Wipro, his company, was set up 70 years ago by his father as Western India Vegetable Products. Currently residing in Bangalore, he is definitely India’s most popular software tycoon.
Net Worth: $15.9 Billion Source of income: Software World Ranking: 55 Age: 70
4) Hinduja Brothers
The Hinduja Group of companies has its headquarters at London, United Kingdom. It was founded by Parmanand Deepchand Hinduja in 1914. Its current chairman is Srichand Hinduja and it is co-chaired by
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Gopichand Hinduja. They are currently also the owners of London’s Old War Office which is a heritage property once used by Winston Churchill.
Net Worth: $14.8 Billion Source of income: Varied like oil and gas, defence, medical, banking, automotive, etc. World Ranking: 58
An Irish citizen, Pallonji Shapoorji Mistry is the chairman of India-based construction giant, Shapporji Pallonji Group. His company is concerned with construction, real estate, textiles, shipping, publications, power and biotechnology. He is also the eldest man on this list.
Net Worth: $14.7 Billion Source of income: Construction World Ranking: 73 Age: 86
6) Shiv Nadar
Shiv Nadar is an alumnus of PSG College of Technology and is the owner of the HCL group. The famous customers of HCL include Boeing, Microsoft and Cisco. He was awarded the Padma Bhushan, India’s third highest civilian honour by the Government of India in 2008, for his contribution to the IT Industry.
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Net Worth: $12.9 Billion Source of income: Information Technology World Ranking: 88 Age: 70
Adi Godrej, the owner of the Godrej Group, is an alumnus of the famous Massachusetts Institute of Technology. The Godrej Group was founded by Ardeshir Godrej and his brother Pirojsha Godrej in 1897 and the Godrej Family is deemed as one of the richest families in the country.
Net Worth: $11.4 Billion Source of income: Consumer Products World Ranking: 330
8) Lakshmi Mittal
Lakshmi Mittal is the Chairman and Chief Executive Officer at Arcelor Mittal which is the world’s largest steel producer. According to The Sunday Times, he was the “Business Person of 2006”, and was named the “Person of the Year” by the Financial Times in 2006. In 2007, He was a part of the “100 most influential persons in the world” as reported by the Time Magazine.
Net Worth: $11.2 Billion
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Source of income: Steel World Ranking: 82 Age: 65
9) Cyrus Poonawalla
India’s vaccine king Cyrus Poonawalla is the country’s biggest gainer on rising revenues and profits at his privately owned Serum Institute of India, which son, Adar, helps him run. The Pune-headquartered firm is expected to report record profits of $350 million on revenues of $600 million for the fiscal year ending March 2016. Poonawalla is investing $150 million to expand Serum’s capacity to make a range of new vaccines.
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Net Worth: $7.9 Billion Age: 74 Source of Income: Vaccines
10) Kumar Birla
Kumar Mangalam Birla is the Chairman of the Aditya Birla Group, India’s largest cement producer. After completing his education at the University of Bombay, he pursued his MBA at the London Business School. He has currently launched Aadyam, an initiative to support theatre.
Net Worth: $7.8 Billion Source of income: Commodities World Ranking: 142 Age: 48
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