Top 100 Richest person in India
To know about the 100 richest persons in India, at first we need to know about the top 20 richest persons in India.
Top 20 richest persons in India-
Here are all about the top 20 richest persons of India.
Mukesh Ambani- According to Forbes Mukesh Ambani is on the 1st rank among the richest persons in India. He is 61 years of old at present. Mukesh Ambani is the chairman Reliance Industries. Reliance was founded by his father late Dhirubhai Ambani in 1966. In 2002 after his father’s death, Mukesh Ambani and his sibling Anil Ambani took the family empires’ responsibility. He is a bachelor of science in Engineering from Bombay University. Mukesh Ambani is owner of approximately $41.8 Billion in present time. The source of his extreme wealth are; petrochemicals, oils and gas. Mukesh Ambani chairs and runs $60 billion oil and gas industries. In 2016 Reliance sparked a price battle in India in the competitive telecom market with the launch of 4G service Jio. Jio has signed on 215 million customers by offering free voice calls, data service and free smart phones as well, that is a huge success for Reliance. The residence of this great personality is in Mumbai, and he is blessed with a loving family too. He has 2 sons Akash and Anant and one daughter Isha ambani and Nita Ambani is his wife, who is also a great instance in India.
Azim Premji- Azim Premji stands on the second position according to Forbes and on the 3rd position according to zeenews.india.com, among the richest persons of India. He is 73 years of age with the net worth of wealth around $20.2 Billion. The source of his wealth is software services. Azim Premji has two children. He is the chairman of Wipro Limited. In 1966 when his father died, Premji gave up studies at Stanford University and took after the family’s cooking oil business. Wipro is India’s third largest outsourcer which is chaired by the Indian tech magnate Azim Premji. Wipro has an innovation center in Silicon Valley and this center is focused on developing new technologies. Wipro won a landmark $1.6 billion in September, 2018.
Lakshmi Mittal- Lakshmi Mittal is the chairman and CEO of ArcelorMittal, which is the world’s biggest steelmaker. He is on the 3rd position among the richest persons in India. He is 68 years old and resides in London, United Kingdom. At present time Lakshmi Mittal is owner of $15.3 billion approximately. In 2006, he separated from his siblings to start Mittal Steel then went on to merge the company with Frances’s Arcelor. In June, 2017 ArcelorMittal acquired Italy’s loss making steel group Ilva for $2.1 billion along with Italian steel firm Marcegaglia.
Hinduja Family- Hindu Family is on the 4th position but on the 3rd position according to indianexpress.com among the top 100 richest persons in India. The multinational company Hinduja group is controlled and conglomerated by the four close knit siblings Srichand, Gopichand, Prakash and Ashok. In present time the net worth of Hinduja family is around $17.3 billion. The sources of this huge wealth are from trucks and lubricants to banking and cable television. The four brothers are the main pillars of Hinduja groups. The brothers own real estate in London along with Carlton House Terrace and the historic Old War Office building in Whitehall. Prakash stays in Geneva, the youngest brother Ashok oversses their Indian interests from Mumbai and the other two brothers Srichand and Gopichand reside in London.
Pallonji Mistry- Among India’s richest persons Pallonji Mistry is on the 5th position with net worth amount of $14.1 billion, according to Forbes. He is 89 years old and resides in Mumbai, India. He is blessed with 4 children. The tycoon Pallonji Mistry controls Mumbai-headquartered engineering and construction giant Shapoorji Pallonji Group that is 153 years old. The family’s biggest asset is 18.4% stake in Tata Sons. The S.P Group is run by Mistry’s elder son along with Eureka Forbes.
Shiv Nadar- Shiv Nadar is on the 6th position but in the 4th position according to zeenews.india.com, among the top 10 richest persons in India. The net worth of his wealth is $13.8 billion. This 73 year’s billionaire lives in Delhi, India. He is married and has one child. The source of his huge wealth is software services. In 1976 IT pioneer Shiv Nadar cofounded HCL in a garage to make calculators and microprocessors. At present he chairs HCL, which is India’s fourth largest software services provider. One of India’s leading philanthropists, Shiv Nadar has donated $662 million to his Shiv Nadar Foundation.
Godrej Family- The Godrej Family, which is the 121 year old consumer goods giant, controls the $4.5 billion Godrej Group. The Godrej Family stands on the 7th position among the top 10 richest family in India, with the net worth amount of $14 billion. The group was established by lawyer Ardeshir Godrej in 1897. He gave up his profession to make locks. In present time the company is chaired by Adi Godrej, who took the charges as chairman in the year 2000.
Dilip Shanghvi- According to Forbes Dilip Shanghvi is on the 8th position but he is on the 2nd position according to thingsindia.in. The net worth of his wealth is $12.6 billion. He is 63 years old and resides in Mumbai, India. The source of his enormous wealth is pharmaceuticals. In 1983 Dilip Shanghvai borrowed $200 from his father to start Sun pharmaceuticals industries to make psychiatric drugs. The company is India’s most valuable Pharma outfit with revenues of $4 billion.
Kumar Birla- The net worth of his wealth is $11.8 billion at the age of 51. The source of his wealth is commodities. According to Forbes Kumar Birla is on the 9th position and on the 8th position according to indianexpress.com among the top richest persons in India. He is the fourth generation head of the Aditya Birla Group. In 1995, Kumar Birla inherited the family empire at the age of 28, after his father’s death. He resides in Delhi, India. In August 2018, Birla completed the merger between his Idea Cellular and Vodafone India to form Vodafone Idea which is the India’s largest telecom firm.
Gautam Adani- The tycoon Gautam Adani, controls Mundra Port in his home state of Gujrat. This 56 years old business tycoon lives in Ahmedabad,India. The net worth of his wealth is $11.9 billion. The source of this wealth is commodities and infrastructure. The Adani Group includes power generation and transmission, real estate and commodities. In 2018 Adani completed the $2.6 billion acquisition of Anil Ambani-owned Reliance Infrastructure’s power business. Besides that the group won the distribution rights to supply piped cooking gas and compressed natural gas for automobiles in 21 cities.
Radhakishan Damani- Among the richest persons of India, Radhakishan Damani is on the next position. He is the owner of amount about $10.5 billion. After the March 2017 IPO of his supermarket chain DMart, Radhakishan Damani became India’s retail king. This 63 years billionaire resides in Mumbai, India. In 2002 Damani got into retailing with one store in suburban Mumbai and since he has been unstoppable.
Uday Kotak- Among the richest persons in India Uday Kotak stands on the 12th position according to Forbes and stands on the 11th position according to indianexpress.com. Uday Kotak owns net amount of 10.3 billion dollar at the age of 59. The source of his enormous wealth is banking. In 1985 Uday Kotak started a finance farm and converted it in a bank in 2003. In the private sector, Kotak Mahindra Bank is now among India’s top four banks. In March 2017, Since Kotak has launched its 811 digital banking app, which offers zero-balance accounts, has expanded the customer base to 14.5 million.
Burman Family- According to Forbes the Burman family stands on the 13th position and on the 20th position among the richest persons in India. The net amount is 8.4 billion dollar of Burman Family. The source is Dabur. In 1884 in Kolkata Dabur was started by S.K. Burman, a practitioner of ayurveda, to make medicines for diseases such as cholera and malaria. Dabur includes other brands like Vatika hair oil, Real fruit juices and Hajmola digestive candy.
Savitri Jindal and family- Among richest persons in India Savitri Jindal and family are on the next position. She has 9 children. They are owner of 7.3 billion dollar at the age of 68. Savitri Jindal chairs Jindal Group, whose interests include steel, power, cement and infrastructure, which was founded by her husband late Om Prakash Jindal. After O.P. Jindal’s death in 2005 in a helicopter crash, the companies were divided among his 4 sons, who run them independently. The biggest assets of the group are overseen by the Mumbai-based son Sajjan Jindal, who runs JSW Steel.
Cyrus Poonawalla- According to Forbes Cyrus Poonawalla on the 15th position but according to thingsindia.in he is on the 6th position among the richest persons in India. The net worth of his wealth is 7.5 billion dollar. He is 77 years old and resides in Pune, India In 1966 Cyrus Poonawalla founded Serum Institute of India and built it into one of the world’s largest vaccine makers. His son Adar is Serum’s CEO and helps him run the company. By the University of Massachusetts Medical School, Poonawalla was conferred the honorary degree of the Doctor of Humane Letters In June 2018.
Bajaj Family- Among richest persons in India, the Bajaj Family is on the next position according to Forbes. The Bajaj family controls the 92 year old Bajaj group which is famous as motorcycle maker Bajaj auto. The Bajaj Family owns 7.6 billion dollar. The Bajaj group is chaired by Rahul Bajaj. His elder son Rajiv Bajaj runs the Bajaj auto. The group owns Bajaj Finserv, that is run by Rajul Bajaj’s younger son Sanjiv and is the family’s biggest asset.
Sunil Mittal & Family- Sunil Mittal and family own net amount of 6 billion dollar. The source of this wealth is telecom. Sunil Mittal is the Telecom tycoon of Bharti Airtel, which is one of India’s largest mobile phone operators with 413 million customers. He is 61 years old and resides in Delhi, India. Airtel is embroiled in a bruising price war with Mukesh Ambani’s Reliance Jio. Mittal also owns Airtel Payments Bank in a joint venture with Kotak Mahindra Bank.
Nusli Wadia- At the age of 74 Nusli Wadia owns net amount of 6.4 billion dollar. The source of the huge wealth is consumer goods. Nusli Wadia is chairman of the Wadia Group. The group companies includes Britannia industries, home textiles company Bombay Dyeing and budget airline GoAir. Nusli Wadia is also referred as a corporate samurai by the Indian press.
Madhukar Parekh- Madhukar Parekh chairs Pidilite Industries, which was founded by his late father Balvant Parekh in 1959. Pidilite Industries is the country’s leading maker of adhesives and sealants. Madhukar Parekh is the owner of net amount of 5.8 billion dollar. He is 72 years old and resides in Mumbai, India. Over the decades Pidilite is best known for Fevicol, its iconic white glue popularized by clever advertising.
Vikram Lal- According to Forbes Vikram Lal is on the 20th position among the richest persons in India. The tycoon Vikram Lal’s Eicher Motors makes the iconic Royal Enfield motorbikes. He is the owner of net amount 4.6 billion dollar. The source of his wealth is motorcycle business. He is 76 years old and resides in Delhi, India. His London-based son Siddhartha runs the 1.3 billion dollar company. In 2018 Eicher, which has 3 factories in India sold 820,121 bikes.
Others richest persons in India-
Except these 20 richest persons in India, there are many others richest persons in the richest persons’ list. Here are the other richest persons in India;
Vivek Chaand Sehgal- Vivek Chaand Sehgal chairs the Samavardhan Motherson Group. He owns net amount of 5.5 billion dollar at the age of 62. The source of his wealth is auto parts business.
Benu Gopal Bangur- Benu Gopal Bangur is 87 years old. He owns 5.35 billion dollar. Benu Gopal Bangur earns his wealth from a 65% stake in Shree Cement which is one of India’s most cost-efficient cement producers.
Kushal Pal Singh- Kushal Pal Singh is the owner of 5.3 billion dollar at the age of 87. Real estate is the key of this enormous wealth.
Ajay Piramal- Ajay Piramal owns 5 billion dollar. He is 63 years old and the source of this wealth is pharmaceuticals. He chairs Piramal Enterprises, a company with interests in pharma, healthcare and financial services.
Acharya Balkrishna- Acharya Balkrishna attained his fortune from fast-growing consumer goods giant Patanjali Ayurved. He is the owner of 4.8 billion dollar at the age of 46. His wealth source is consumer goods business.
M.A. Yusuff Ali- M.A. Yusuff Ali presides over LuLu Group, with 152 stores in the Gulf region and elsewhere. He is 62 years old and owns 4.75 billion dollar. Retail business is the source of this wealth.
Subhash Chandra- Subhash Chandra is the chairman of media powerhouse Essel Group. He is owner of 4.7 billion dollar at the age of 67 and the source of his wealth is media.
Pankaj Patel- Indian pharma magnate Pankaj Patel controls listed company Cadila Healthcare. He owns 4.4 billion dollar. He is 65 years old and the source of his wealth is pharmaceuticals.
Sameer Gehlaut- He is the founder of Indiabulls. He is 44 years old and owner of the 4.2 billion dollar. Finance is the source of wealth.
Micky Jagtiani- Middle East retail magnate Micky Jagtiani started a baby products shop in 1973 and he built it into the Dubai-headquarted Landmark Group, which his wife Renuka runs today as chairman and CEO. Micky Jagtiani owns 4.1 billion dollar and the income source is retail business. He is 67 years old.
Pawan Munjal- Pawan Munja runs motorcycle flagship Hero MotoCorp. He is the owner of 4.05 billion dollar. He is 64 years old and the wealth source is motorcycle business.
Harsh Mariwala- Harsh Mariwala transformed his family’s trading business in spices and edible oils into consumer goods giant Marico. He is 67 years old and he is the owner of 3.95 billion dollar. Consumer goods business is the source of wealth.
Ravi Pillai- In 1978 with help from a well-connected local partner, Ravi Pillai started over and built his RP Group into a $6.8 billion (revenue) construction heavyweight. He is the owner of 3.9 billion dollar at the age of 65. His wealth source is construction business.
Kuldip Singh & Gurbachan Singh Dhingra- They owns 3.85 billion dollar. They control Berger Paints, which is the source of the huge wealth.
Sudhir & Samir Mehta- Brothers Sudhir & Samir Mehta get the volume of their wealth from Torrent Pharmaceuticals. They are the owner of 3.8 billion dollar.
Kalanithi Maran- Kalanithi Maran dabbled in his family’s modest publishing business before launching Sun TV Network. In present time Sun is a regional television heavyweight with 33 channels reaching 95 million households in India. He is the owner of 3.75 billion dollar at the age of 53. Media is the source of wealth.
Anil Agarwal- Anil Agarwal turned a tiny scrap metal business into London-listed Vedanta Resources with copper, zinc and aluminium assets. Anil Agarwal 65 years old and owns 3.73 billion dollar. Mining and metals are the wealth source.
B.R. Shetty- B.R.Shetty immigrated from Karnataka in south India to Abu Dhabi in 1973 to set up a healthcare empire. Healthcare business is the source of his wealth, which is 3.8 billion dollar. He is 76 years old.
Kiran Mazumdar Shaw- India’s richest self-made woman, Kiran Mazumdar-Shaw, founded biopharma firm named Biocon. She owns 3.6 billion dollar and she is 65 years old.
Hasmukh Chudgar- In 1977 low profile Hasmukh Chudgar founded generics maker Intas Pharmaceuticals. He is 85 years old and the owner of 3.57 billion dollar. His wealth’s source is pharmaceuticals.
Kapil & Rahul Bhatia- Kapil & Rahul Bhatia get the bulk of their wealth from InterGlobe Aviation, which owns budget carrier IndiGo, India’s biggest airline. They are the owners of 3.55 billion dollar and the wealth source is airlines.
Rajendra Agarwal- He is a doctor, whose family owned a pharmacy in Jaipur, set up Macleods Pharmaceuticals in 1986 to make anti-TB medicines. He is 59 years old and owns 3.5 billion dollar. His wealth’s source is pharmaceuticals.
Vinod & Anil Rai Gupta- Vinod and Anil Rai Gupta draw their fortune from their family’s 60% holding in flagship Havells India. They own 3.49 billion dollar and the source of wealth is electrical equipments business.
Ashwin Dani- Ashwin Dani is nonexecutive vice chairman of Asian Paints, founded by his father and 3 others in 1942. Paints tycoon Ashwin Dani is the vice chairman of Asian Paints. Ashwin Dani owns 3.45 billion dollars and he is 76 years old.
Karsanbhai Patel- Karsanbhai Patel is the founder of Nirma detergent. The low-price Nirma brand which is handled by him, sparked a detergents war with bigger rivals. He owns 3.35 billion dollar and he is 74 years old. The wealth source is consumer goods business.
Samprada Singh- Samprada Singh is the chairman emeritus of Alkem Laboratories. Pharmaceuticals are the source of wealth and he owns 3.3 billion dollar. He is 92 years old.
P.P. Reddy- PP Reddy founded Megha Engineering Enterprises to build small pipes for municipalities in 1989. He is the owner of 3.1 billion dollar and he is 61 years old. Infastructure is the wealth source.
Chandru Raheja- Chandru Raheja presumed on his own ability in 1996, after a split in his family property empire. The Raheja group is known for its IT parks, hotels, malls and listed department store chain Shoppers Stop. Chandru Raheja owns 3 billion dollar and he is 78 years old. The source of the wealth is real estate.
Shashi & Ravi Ruia- Shashi & Ravi Ruia’s Essar Group has interests in shipping and oil refining. They own 2.9 billion dollar.
P.V. Ramprasad Reddy- P.V.Ramprasad Reddy sits on the board of generics maker Aurobindo Pharma. He owns 2.8 billion dollar at the age of 60 and the wealth source is pharmaceuticals.
Choksi Family- Members of the Choksi family are the heirs of one of 4 cofounders of Asian Paints. Choksi family is the owner of 2.78 billion dollar. Paint business is the source of wealth.
Mangal Prabhat Lodha- Mangal Prabhat Lodha founded privately held developer Lodha Group in Mumbai. He is 62 years old and owns 2.77 billion dollars. The wealth source is real estate.
Murali Divi- scientist Murali Divi founded generics maker Divi’s Laboratories 28 years ago as a drug research firm. He is the owner of 2.76 billion dollar and the wealth source is pharmaceuticals. He is 67 years old.
Yusuf Hamied- Yusuf Hamied is the non-executive chairman of generics maker Cipla. He owns 2.75 billion dollar and he is 82 years old. Pharmaceuticals business is the wealth source.
Ramesh Juneja- Former pharma salesman Ramesh Juneja founded privately held Mankind Pharma with his younger brother Rajeev. He owns 2.71 billion dollar at the age of 63 and the wealth source is pharmaceuticals.
Vijay Chauhan- Vijay Chauhan controls Parle Products, best known for its popular glucose biscuit, Parle G.He is the owner of 2.7 billion dollars and he is 82 years old.
Baba Kalyani- MIT engineer Baba Kalyani has the Bharat Forge, which his son Amit helps him to run. Engineering is the wealth source and the net worth wealth is 2.68 billion dollar. He is 69 years old.
Rajan Raheja- Rajan Raheja hails from the sprawling Raheja property clan in Mumbai. Rajan Raheja’s biggest asset is auto battery maker Exide Industries. He is 64 years old and owns 2.67 billion dollar.
Gupta Family- The Gupta family gets its fortune from a 47 % stake in pharma major Lupin, which was founded by Desh Bandhu Gupta. Pharmaceuticals are the source of wealth of Gupta Family. They own 2.66 billion dollar.
Sunder Genomal- Sunder Genomal’s Page Industries is one of the biggest licensees in the world for underwear maker Jockey. He is the owner of 2.65 billion dollar at the age of 64 and garments business is the source of wealth.
Rakesh Jhunjhunwala- Rakesh Jhunjhunwala is often referred to as India’s Warren Buffett, who is Investor with a Midas touch. He is 58 years old. He is the owner of 2.6 billion dollars and investment is the key of his wealth.
Sunny Varkey- Sunny Varkey controls GEMS Education, the world’s largest operator of K-12 schools. He is 61 years old and owns 2.55 billion dollar.
Abhay Vakil- Abhay Vakil is the next name in the list of India’s richest persons, who is the non-executive director of Asian Paints. Abhay Vakil is the non-executive director of Asian Paints. He is 68 years old and owner of 2.53 billion dollars.
Leena Tewari- Leena Tewari chairs privately held USV India, which her late father Vithal Gandhi set up with Revlon in 1961. She is the owner of 2.52 billion dollar at the age of 61. The source of wealth is pharmaceuticals.
Jain Family- The Jain family controls media powerhouse Bennett, Coleman & Co. Jain Family owns 2.5 billion dollar and media is the wealth’s source.
Sunil Vaswani- Sunil Vaswani’s Dubai-headquartered Stallion Group, named after his favorite animal, and its businesses span commodities trading, frozen foods, auto assembly and dealerships, including Nissan, Volkswagen, Audi and Porsche. Sunil Vaswani owns billion dollars and the wealth’s source is diversifies. He is 55 years old.
Rajesh Mehta- Rajesh Mehta runs Rajesh Exports, the world’s largest gold exporter. He is the owner of 2.45 billion dollars at the age of 54 and gold business is the wealth resource.
Anil Ambani- Mukesh Ambani’s younger sibling Anil Ambani runs his separate empire with interests in financial services, defence, infrastructure and media. He is the owner of 2.44 billion dollars and he is 59 years old.
Kishore Biyani- Retailing pioneer Kishore Biyani is the founder and group CEO of the retail giant Future Group and the group includes hypermarket chain Big Bazaar, food retailer Food Hall and convenience store chain EasyDay. He is the owner of 2.4 billion dollars at thr age of 57 and retail business is the wealth source.
Amalgamations Family- The Amalgamations family is a south Indian clan known best for tractor manufacturer TAFE and diesel engine maker Simpson & Co. Amalgamations family is the owner of 2.37 billion dollar and the wealth source is tractor business.
Jitendra Virwani- Jitendra Virwani’s Embassy Property Development is Bangalore’s biggest developer of office parks. He owns 2.35 billion dollars at the age of 52 and the wealth source is real estate business.
Anurang Jain- Rahul Bajaj’s nephew Anurang Jain started Endurance Technologies in 1985 to supply aluminum castings to his uncle’s Bajaj Auto. Jain and his family own 83% of Endurance, which supplies parts for two-wheelers and three-wheelers in India and car parts in Europe. He is the owner of 2.3 billion dollar. He is 56 years old and auto parts business is the wealth source.
N.R. Narayana Murthy- N.R.Narayana Murthy is the legendary cofounder and retired chairman of Indian tech giant Infosys. He is the owner of 2.2 billion dollar at the age of 72 and the source of wealth is software services.
Vijay Shekhar Sharma- In 2011 Vijay Shekhar Sharma founded fast-rising mobile wallet Paytm. He is the owner of 2.15 billion dollar and he is 40 years old.
Shyam & Hari Bhatia- Shyam and Hari Bhartia run the Jubilant Bhartia group with interests in pharma, fast food, energy and auto distributions. They are the owners of 2.1 billion dollar.
Ravi Jaipuria- Ravi Jaipuria, presides over $1.4 billion (revenue) drinks and foods group RJ Corp. He owns 2.07 billion dollar. He is 63 years old and soft drink business is the source of wealth.
Murugappa Family- Murugappa family owns 2.06 billion dollars. The Murugappa Group is controlled by the Murugappa family, which was founded in 1900 as a money-lending firm.
Harsh Goenka- Harsh Goenka belongs to the fifth generation of a storied Indian business clan and chairs the RPG Group. He is 60 years old and owns 2.05 billion dollar. His wealth source is diversified.
Senapathy Gopalakrishnan- Gopalakrishnan is the Cofounder of Infosys Senapathy “Kris”. He owns 2.04 billion dollars at the age of 63 and software services are the wealth source.
Nandan Nilekani- Nandan Nilekani is the cofounder of tech giant Infosys and he was its non-executive chairman since August 2017. He is 63 years old and owns 1.96 billion dollars. Software services are the source of wealth.
MG George Muthoot- With his 3 brothers, MG George Muthoot runs Muthoot Finance, which is the source of his wealth. He is 69 years old and owns 1.95 billion dollars.
Abhay Firodia- Abhay Firodia is the chairman of Force Motors, which is the maker of vans, pickup trucks, SUVs and tractors and privately held auto parts firm Jayahind Industries. He is 74 years old and owns 1.94 billion dollars. Automobile business is the wealth source.
Sanjiv Goenka- Sanjiv Goenka controls the conglomerate RP-Sanjiv Goenka Group. Supermarket chain Spencer’s and snack maker Guiltfree Industries are included in the other assets. He owns 1.9 billion dollars at the age of 57 and the wealth source is diversified.
Jai Hari & Yadu Hari Dalmia- Siblings Jai Hari and Yadu Hari Dalmia run cement company Dalmia Bharat, which is the wealth source. They own 1.89 billion dollars.
Lachhman Das Mittal- Lachhman Das Mittal started his business career in 1990 at age 65 after retiring from the state-owned Life Insurance Corporation of India and in present time his Sonalika Group is India’s third-largest tractor maker. He owns 1.87 billion dollars at the age of 88. Tractors business is the wealth source.
Ranjan Pai- Doctor Ranjan Pai controls Manipal Group, an education and healthcare empire with six colleges and 16 hospitals. He owns 1.86 billion dollars at the age of 46 and education is the source of his wealth.
Salil Singhal- Salil Singhal is the chairman and managing director of PI Industries which is a maker of plant protection and nutrient products. He is 71 years old and owns 1.85 billion dollars.
Anand Mahindra- He is the third generation scion of the Mahindra clan and chairs the Mahindra & Mahindra conglomerate. He is 63 years old and owns 1.81 billion dollars.
Vikas Oberoi- Vikas Oberoi controls and runs Mumbai-listed Oberoi Realty, known for its high-end suburban condos. He owns 1.8 billion dollars at the age of 48 and real estate business is his wealth source.
Arvind Poddar- Arvind Poddar owns a 57% stake in Balkrishna Industries, which provides off-highway tires for the agriculture, mining and construction sectors. He owns 1.79 billion dollars. He is 61 years old and tires business is the wealth source.
Krishna Kumar Bangur- Krishna Kumar Bangur chairs graphite electrodes-maker Graphite India. He is the owner of 1.7 billion dollars at the age of 58 and graphite electrodes are the wealth source.
Murli Dhar & Bimal Kumar Gyanchandani- Murli Dhar and Bimal Gyanchandani control family’s Kanpur-headquartered consumer goods firm RSPL Group. They own 1.69 billion dollars and detergent business is the source of wealth.
Reddy Family- The Reddy family owns 27% in listed generics maker Dr Reddy’s Laboratories and pharma is the source of wealth. They own 1.61 billion dollars.
Devendra Jain- Devendra Jain started working in his family’s paper and newsprint trading business and Jain now presides over the Inox Group with interests in industrial gases, fluorocarbons, cinemas and cryogenic engineering. He is the owner of 1.6 billion dollars at the age of 89 and the wealth source is chemical business.
Tarang Jain- Newcomer Tarang Jain enters the ranks based on his 86% stake in auto components maker Varroc Engineering. He owns 1.59 billion dollars. He is 56 years old and auto components business is the source of wealth.
Sridhar Vembu- Sridhar Vembu is the founder and CEO of privately held Zoho, which is a maker of cloud-based business software. He is the owner of 1.56 billion dollars at the age of 50 and the software services are the source of this wealth.
Bhavin & Divyank Turakhia- Bhavin & Divyank Turakhia sold their ad tech firm media net for $900 million to a consortium of Chinese investors in August 2016. Now they own a bunch of companies straddling web hosting and cloud infrastructure to payments and advertising technology. They own 1.55 billion dollars. Technology is the wealth source.
Shamsheer Vayalil- Shamsheer Vayalil, son-in-law of Gulf retailing billionaire M.A. Yusuff Ali, founded VPS Healthcare, which is a network of hospitals, clinics and pharmacies. He owns 1.54 billion dollars at the age of 41 and healthcare is the wealth source.
Ravi Jhunjhunwala- Ravi Jhunjhunwala’s LNJ Bhilwara Group was started by his father Laxmi Niwas with a single textile mill in Bhilwara. He is the owner of 1.5 billion dollar at the age of 63 and graphite electrode business is the wealth source.
Bhadresh Shah- Bhadresh Shah founded and runs AIA Engineering, a niche metallurgical company in Ahmedabad city. He owns 1.48 billion dollars and the wealth source is engineering. He is 67 years old.