Top 10 richest persons in India
Here we listed out the top ten billionaires of India in 2017 as per Forbes. Mukesh Ambani i the top most rich person of India at this time. Below is given rank wise list of India’s richest people.
1. Mukesh Ambani
Reliance Industries was founded by his late father Sh. Dhirubhai Ambani in 1966 as a small textile manufacturer. India’s richest person and the chairman of Reliance Industries, $51 billion (revenue) oil and gas giant, Mukesh Ambani also runs a telecommunication company named Jio. In 2016, Reliance sparked a price war in India’s hyper-competitive telecom market with the launch of 4G phone service Jio. The company reached to 130 million customers by offering dirt-cheap data services, free domestic voice calls. Reliance owns Network18, a licensee of Forbes Media.
|Industry||petrochemicals, oil & gas|
|Education||Bachelor of Science in Engineering, University of Bombay; Drop Out, Stanford University|
|On Forbes List||#1 Global Game Changer : 2017
#1 Richest of India : 2017
#33 Richest person of the world : 2017
#38 Powerful people : 2016
2. Azim Premji
The founder and chairman of Wipro, Azim Premji, is the second richest person of India in 2017. Wipro is a tech company situated in silicon valley, which is focused on developing new technologies and collaborating with startups. Wipro is India’s third-largest outsourcer. After the death of his father in 1966, Azim Premji gave up his studies to manage the family business. Azim Premji convert the family’s cooking oil business as most valuable software company of India.
|Residence||Bangaluru (Bangalore), India|
|Education||Bachelor of Arts/ Science|
|Net Worth||19.6 Billion|
|On Forbes List||#2 Richest of India : 2017
#15 Richest in Tech
#72 Richest person of the world : 2017
3. Hinduja Family
Hinduja group in on the third position in the list of top billionaires of India in 2017. Hinduja group is operated by four brothers Gopi Chand, Shri Chand, Ashok and Parkash. The group is working is various type of industries such as cable television, banking, truck and lubricants. Nowdays, Hinduja brothers lives outside from India. The empire was started by their father, Parmanand Deepchand Hinduja, who traded goods in the Sindh region of India (now Pakistan) before moving to Iran in 1919. The brothers shifted their base from Iran to the London in 1979. Srichand and Gopichand live in London and Prakash lives in Geneva while the youngest sibling Ashok oversees their Indian interests from Mumbai. The brothers own valuable real estate in London.
|Industry||Cable Television, Banking, Truck and Lubricants|
|Residence||London, United Kingdom|
|On Forbes List||#3 Richest of India : 2017
#17 Richest Family of Asia : 2017
#64 Billionaire : 2017
|Net Worth||19.2 Billion|
4. Lakshmi Niwas Mittal
Lakshmi Niwas Mittal, the chairman and CEO of ArcelorMittal, born on 15 June 1950. He is an Indian steel magnate lives in London, United Kingdom. In 2005,Forbes ranked Mittal as the third richest person in the world. At this time net worth of Lakshmi Niwas Mittal’s in 18.5 Billions. ArcelorMittal is the world’s largest steel making company. So, that Mittal is known as King of steel. ArcelorMittal, along with Italian steel firm Marcegaglia, acquired Italy’s loss making steel group Ilva for $2.1 billion in June 2017.
|Residence||London, United Kingdom|
|Education||Bachelor of Art/Science|
|Net Worth||18.5 Billion|
|On Forbes list||#4 Richest Indian : 2017
#56 Billionaires : 2017
#55 Powerful People : 2015
5. Pallonji Mistry
Shapoorji Pallonji Group, a Mumbai based 152 years old, engineering and construction giant is controlled by Pallonji Mistry. The net worth of Pallonji Mistry’s is $16 billion as per Forbes in December 2017. Owner of Shapoorji Pallonji Group’s, an Irish Indian construction tycoon, Pallonji Mistry is the fifth richest Indian. The family’s biggest asset is in Tata Sons, holding outfit of the $100 billion (revenue) Tata Group, a conglomerate of 100 companies. Mistry’s first overseas project was building the palace of the Sultan of Oman in 1976.
|Net Worth||17.4 Billion|
|On Forbes list||#5 Richest Indian : 2017
#77 Billionaires : 2017
6. Godrej Group
Godrej launched the world’s first soap made from vegetable oil in 1918. With a net worth of $14.2 billion, Godrej Family is the sixth richest as per Forbes’ annual list of India’s richest tycoon. Godrej Group is a 120-year-old consumer-goods company. The group was established by lawyer Ardeshir Godrej (Adi Godrej) and now chaired by patriarch Adi Godrej. Godrej aerospace engines were used in India’s mission to Mars in 2014.
|Net Worth||14.2 Billion|
|#6 Richest Indian : 2017
#20 Asia’s Richest Family : 2017
7. Shiv Nadar
An industrialist, philanthropist, Shiv Nadar is the founder of The Shiv Nadar Foundaiton. Today, he chairs HCL Technologies, a $7.5 billion (revenue) company that is India’s fourth-largest software services provider. Founder and chairman of HCL Technologies Shiv Nadar too feature on top 10 India Rich list 2017 list. Indian IT pioneer Shiv Nadar cofounded HCL in a garage in 1976 to make calculators and microprocessors. Nadar has donated $662 million to his Shiv Nadar Foundation, which backs education-related causes.He was ranked at seventh place with a net worth of $13.6 billion. HCL Technologies, which employs 120,000 people worldwide, hires high school grads and trains them on the job.
|Net Worth||13.6 Billion|
|On Forbes list||#7 Richest Indian : 2017
#102 Billionaires : 2017
#18 Richest in Tech : 2017
8. Kumar Mangalam Birla
Commodities king and chairman of Aditya Birla Group, Kumar Mangalam Birla, is the eighth richest Indian with a net worth of $12.6 billion. Birla inherited the family empire at age 28 when his father Aditya Birla died in 1995. Kumar Birla is the fourth generation head of the storied, $41 billion (revenue) Aditya Birla Group. The Birla empire’s roots go back to 1857 in cotton trading in Rajasthan state. Daughter Ananya has founded a micro finance firm and an online venture to sell luxury, handmade products.
9. Dilip Shanghvi and Family
Sun Pharmaceuticals Industries is founded by Dilip Shanghvi by borrowed money $200 from his father in 1983 to make psychiatric drugs. The net worth of Dilip Shangahvi is $12.1 billion in December 2017 as per Forbes. Dilip Sanghvi was awarded the Padma Shri by the Government of India in 2016. The founder and chairman of Sun Pharmaceuticals Industries Dilip Shanghvi has been listed 9th in India Rich List 2017. Shanghvi grew Sun through a series of shrewd acquisitions, the biggest of which was the purchase of rival Ranbaxy Laboratories for $4 billion in 2014.
|Education||Bachelor of Art/Science|
|Net Worth||12.1 Billion|
|On Forbes list||#9 Richest Indian : 2017|
10. Gautam Adani
As per Forbes list the founder and chairman of Adani Group, Gautam Adani, became the 10th richest Indian in December 2017. The net worth of Adani Group is $11 billion. Ports tycoon Gautam Adani controls Mundra Port, India’s largest, in his home state of Gujarat. Adani is a college dropout, who spurned his father’s textile shop to set up a commodities export firm in 1988. Adani Group’s interests include power generation and transmission, real estate and commodities.
|Net Worth||11 Billion|
|On Forbes list||#10 Richest Indian : 2017|
Source of list : Forbes