The two most trusted sources when it comes to calculating net-worth of wealthy people are Forbes and Bloomberg.
So any guess for who’s the richest person in India?
List of top 10 richest people in India –
10. Sunil Mittal – Networth: 6.2 Billion USD
Sunil Mittal needs no introduction from bicycle crankshafts manufacturer to owner of largest telecom company in India. Bharti Airtel, the group’s flagship company is the world’s third largest and India’s largest telecom company with operations in 20 countries across Asia and Africa with a customer base of over 325 million.
9. Shashi & Ravi Ruia – Networth 7.7 Billion USD
These brothers are the 9th richest in India. They own Essar group which owns/ runns number of world-class assets diversified across the core sectors of Energy, Metals & Mining, Infrastructure and Services primarily comprising shipping and BPO businesses.
8. Kumar Birla – Net-worth 8.1 Billion USD.
Kumar Mangalam 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.
7. Uday Kotak – Net-worth 8.2 Billion USD.
Uday Kotak is an Indian banker, executive vice chairman and managing director of Kotak Mahindra Bank which recently acquired ING Vyasa Bank. This has made Kotak Bank one of the leading private banks in India.
6. Cyrus Poonawalla – Net-worth 8.4 Billion USD.
Cyrus S. Poonawalla is an Indian Bussinessman, the chairman of Poonawalla Group
5. Shiv Nadar – Net-worth 11.1 Billion USD.
Shiv is founder of HCL which is one of the leading computer and laptop manufacturer in India.
4. Lakshmi Mittal – Net-worth 12.6 Billion USD.
In 2008 he was one of the richest in the world, he has now slipped down to being 85th richest person in the world. This is mainly because of commodity prices.
3. Azim Premji – Net-worth 15.4 Billion USD.
The software wizard is one of the top 3 richest in India even when this companies shares are trading at a 52 week low.
2. Dilip Shanghvi – Net-worth 16.5 Billion USD.
The pharma king of India gained a lot of importance in the last 5 years when his companies shares multiplied wealth for many investors. He is owner of Sun Pharma. He also became the richest person in India for a day when his stock prices shot up.
1. Mukesh Ambani – Net-worth 22 Billion USD.
Undoubtedly you knew who this would be I am sure. The owner of Reliance Industries is one of the richest in India. He sounds to be more promising than others because of his entry in telecommunication space with launch of ‘Jio”.
Notes:
The above list is based on market price of shares based on 1st Sept.
Its compiled from Forbes
Also check – Top 10 companies in India by Market Cap.