India’s pool of billionaires increased by 19 to 121 according to the 2018 Forbes’ Billionaires List. Indian billionaires are now the third largest group of billionaires after Americans and the Chinese.
The number of billionaires in India has increased by 19 to 121 according to the latest annual Forbes’ Billionaires List. Indians now account for the third largest pool of billionaires in the world after the Americans and the Chinese.
Mukesh Ambani, Chairman and Managing Director, Reliance Industries: USD 40.1 billion | Ambani is not only the richest Indian, but also one of the richest Asians in the world. (Image: Reuters)
Azim Premji, Chairman, Wipro: USD 18.8 billion | The IT tycoon and philanthropist’s wealth stems from the software services company founded by his father. Premji has been at the helm of affairs for 52 years. (Image: Reuters)
Lakshmi Mittal, Chairman and CEO, ArcelorMittal: USD 18.5 billion | Mittal leads the world’s largest steel manufacturer. He is also the co-owner of English Premier League team Queens Park Rangers FC. (Image: Reuters)
Shiv Nadar, Founder and Chairman of HCL Technologies: USD 14.6 billion | Nadar’s wealth comes from the multinational IT services company he founded in 1976. He is one of India's leading philanthropists, having donated USD 662 million to his Shiv Nadar Foundation, which backs education-related causes. (Image: Reuters)
Dilip Shanghvi, Founder and MD of Sun Pharmaceuticals: USD 12.8 billion | The 62-year-old pharmaceuticals tycoon founded the company in 1983. Sun Pharmaceuticals is the world's fourth largest generic drugs manufacturer. (Image: Reuters)
Kumar Mangalam Birla, Chairman of Aditya Birla Group: USD 11.8 billion | Birla inherited the family business in 1995 at the age of 28. The group's business spans across various sectors including cement, aluminium, retail and telecom, among others. (Image: Reuters)
Uday Kotak, Founder and Chairman of Kotak Mahindra Bank: USD 10.7 billion | Kotak started the finance firm in 1985 before turning it into a bank in 2003. The bank is currently one of India's top four private banks. (Image: Reuters)
Radhakishan Damani, Founder, D-Mart: USD 10 billion | The successful IPO in March 2017 has given Damani and this supermarket chain a major boost. Damani also has stakes in tobacco firm VST Industries and cement company India Cements. (Representative image: Reuters)
Gautam Adani, Founder and Chairman, Adani Group: USD 9.7 billion | Adani’s wealth comes from his interests across sectors, including ports, power generation and transmission, real estate and commodities. Adani Group also runs India’s largest port at Mundra, Gujarat. (Image: Reuters)
Cyrus Poonawalla (left in the image), Founder of Serum Institute of India: USD 9.1 billion | In 1966, Poonawalla founded the vaccine manufacturer and has since turned it into one of the world’s largest. He is also known for interests in horse racing and his car collection. (Image: Reuters)
First Published on Apr 15, 2018 10:22 am