Top 10 Businessman of India.
India’s made rapid strides after immense struggle of the Third-world economy in the 90s. Its businesses are now flourishing, and its products now compete with the best in the world. Quite predictably, a lot of businessmen have become fabulously rich running these companies. Massive export of Indian products is done around the world each day and India is now home to around a 100 billionaires, 4th after US, Russia and China. To know more about these leading men, we bring you a list of the top 10 richest businessmen in India and what is their Business all about.
Mukesh Ambani, 22.6 Billion USD – Net Worth of 2016
Gujarat and Gujaratis have always been into the race of Business and this elder Ambani sibling continues to be the number one richest Men of India. He is the Managing Director and Chairman of Reliance Industries one of the richest men in both Asia and the world. He became a part of the organization during 1991 and was responsible for the biggest grassroots petroleum refinery of the world at Jamnagar.
As of now its capacity is approximately 33 million tons per year or 1.2 million barrels every day. The organization also focuses on other areas like the Petrochemicals, Ports and other infrastructure, Power. Apart from that, Reliance Retail Ltd., another subsidiary, is the largest retailer in India.
In 2014, he was ranked 36 on the Forbes list of the world’s most powerful people. Through Reliance, he also owns the Indian Premier League franchise Mumbai Indians. In 2012, Forbes named him one of the richest sports owners in the world. He resides at the Antilia Building, one of the world’s most expensive private residences. Its value is whooping nearly 1 billion dollars!! Now that’s something huge!!
Dilip Shanghvi, 16.9 Billion USD – Net Worth of 2016
Yet again from the land of Gujarat(Amreli) we have another Gujarati Leader ruling in the league of Wealthiest Men in India is Mr. Dilip Sanghvi, the founder and Chairman of pharma giant Sun Pharmaceuticals, is the second richest Indian. He’d started the company with a capital of Rs. 10,000 in 1982 at Vapi (Gujarat)– it’s now worth over Rs. 1,55,000 crore. The Government of India awarded him the civilian honour of the Padma Shri in 2016.
Hinduja Family, 16.1 Billion USD – Net Worth of 2016
The Hinduja Group is a global conglomerate company headquartered in London, United Kingdom. The Hinduja family consists of four brothers who control the multinational conglomerate Hinduja Group, which is cochaired by London-based siblings Srichand and Gopichand. The company was founded in 1914 by Parmanand Deepchand Hinduja, who was from a Sindhi Hindu family based in India. The group controls companies like Ashok Leyland, IndusInd bank and Hinduja foundries.
Azim Premji, 15.3 Billion USD – Net Worth of 2016
The founder and Chairman of the Wipro group comes at number four. Premji is one of the czars of India’s software industry, having guided Wipro for over 4 decades to make it the behemoth it is today. He has twice been listed among the 100 most influential people by TIME Magazine, once in 2004 and more recently in 2011. In 2013, he gave away 25 per cent of his personal wealth to charity, and has also pledged to give away another 25% over the next 5 years.
Pallonji Mistry, 13.8 Billion USD – Net Worth of 2016
Pollonji Mistry is the Chairman of the Shapoorji Pallonji group, a 150 year old construction giant. In addtion to this, he owns an 18% stake in Tata Sons, making him the largest single shareholder in the Tata Group. His son, Cyrus Mistry, is the current Chairman of Tata Sons. The group controls companies like Shapoorji Pallonji Construction Limited, Forbes Textiles and Eureka Forbes Limited. He is also the former Chairman of Associated Cement Companies.
Lakshmi Mittal, 12.8 Billion USD – Net Worth of 2016
Steel Baron Lakshmi Mittal is the Chairman and CEO of the Arcelor Mittal Group. Mittal was once the richest Indian and the 6th richest person in the world, but drops in ArcelorMittal’s share price have significantly reduced his net worth. Mittal also owns the English football club Queens Park Rangers.
Godrej Family, 11.4 Billion USD – Net Worth of 2016
The Godrej family, is an Indian Parsi family that manages and largely owns the Godrej Group, a conglomerate founded by Ardeshir Godrej and his brother Pirojsha Burjorji Godrej in 1897, spanning sectors as diverse as real estate, consumer products, industrial engineering, appliances, furniture, security and agricultural products. The nine members of the Godrej family take the number 8th position in the list.
Shiv Nadar, 11.3 Billion USD – Net Worth of 2016
Shiv Nadar is an Indian industrialist and philanthropist. He is the founder of HCL and is one of India’s software gurus. He’d founded HCL in the mid-1970s and transformed the IT hardware company into an IT Enterprise over the next three decades by constantly reinventing his company’s focus. Since mid-1990s he has focused his efforts in developing the educational system of India through the Shiv Nadar Foundation in 2008, he was awarded Padma Bhushan for his efforts.
Kumar Birla, 9 Billion USD – Net Worth of 2016
Kumar Birla is an Indian industrialist and the Chairman of the Aditya Birla Group, one of the largest conglomerate corporations in India. The group is India’s third largest business group. He is also the Chancellor of the Birla Institute of Technology & Science, A part of the fourth generation of the legendary Birla clan, Kumar Birla, has overseen $41 billion of revenues of the Aditya Birla Group for more than 2 decades. An iconic figure, Mr. Birla has won several accolades, one of the most recent to cite is – the International Advertising Association’s (IAA) “CEO of the Year Award 2016”. With the net worth of 9 Billion USD, he’s the 9th richest Indian businessman.
Cyrus Poonawalla, 8.6 Billion USD – Net Worth of 2016
Cyrus Poonawalla, owner of the privately-held Serum Institute of India, was the biggest gainer this year. The Pune-headquartered firm, which he runs with his son Adar, is expected to report record profits of $350 million on revenues of $600 million this year. The Serum Institute of India makes a range of vaccines, including one for dengue.