Who Are The Richest People In India?

There are 1.366 billion people in India. It is the second most populous country in the world after China (1.394 billion). The five richest people in India have a net worth of $ 205.6 billion. While this is a ton of money, consider that the two richest Americans individually have a total of $ 157 billion (Elon Musk) and $ 177 billion (Jeff Bezos). Mukesh Ambani of Reliance Industries, the richest person in India, is valued at $ 84 billion and is the driving force behind a thrust to bring India to 21scheduled tribeCentury in its telecommunications industry.

Lakshmi Mittal – $ 18 billion

Lakshmi Mittal is the chairman and CEO of ArcelorMittal, the world’s largest steel making company. Mittal made his fortune in the steel business, which was his wealthy family business. After a significant decline with this parent, Mittal started his steel business in Indonesia, which eventually became ArcelorMittal, which he made one of the most successful in the world. Mittal was a pioneer in the development of integrated mini-mills and “DRI” (direct low iron) was used as a scrap substitute for steeling. Mittal led the consolidation process of the global steel industry and in May 2007 was named one of the “100 Most Influential People” by Time magazine.

Shiv Nadar – $ 25.3 billion

Shiv Nadar is the founder and president of HCL, an IT hardware company that has transformed into an IT enterprise company. Established in the mid-1970s, HCL ventured into the international market with the opening of hardware vendor Far East Computers in Singapore in 1980. To date, the information-technology group HCL has operations in more than 15 countries worldwide. Nadar controls 60% of HCL Technologies with his family. The family also owns 50 percent of HCL Infosystems, a computer manufacturer and services business.

Mukesh Ambani (via SAM PANTHAKY / AFP Getty Image)

Azim Premji – $ 27.3 billion

Azim Premji is the chairman of Wipro Limited, a multinational IT consulting and systems integration services company. He was voted among the 20 most powerful men in the world by Asiaweek and has been listed twice among the 100 most influential people by Time magazine (2004 and 2011, respectively). Premji owns 56 percent of Indian information technology, outsourcing and consulting company Wipro. Premji holds an additional 18 percent of irrevocable charitable trusts belonging to the Azeem Premji Foundation. He owns 3 percent of JM Financial, and his investment company Premji Invest manages around $ 1 billion.

Azim Premji is also a prominent philanthropist and India’s most generous person. In the past, he said that being rich “didn’t thrill him.” In 2013, Premji became the first Indian to join the Giving Pledge. In 2014, he founded the Azim Premji Philanthropic Initiative (APPI). Premji also runs Premji, a renowned foundation that improves the quality of education of rural children.

Premji donated 25% of his wealth in April 2013. In July 2015, he donated his 18% stake in Wipro, allowing him to contribute 39%. His lifetime is 21 billion dollars. If we take away what they have done for their wealth, Premji’s total assets are $ 4.5 billion.

Gautam Adani – $ 50 billion

Gautam Adani is a self-made billionaire and chairman of the Adani Group, a conglomerate with interests in logistics, energy sector and agribusiness. Adani moved to Mumbai at the age of 18 with a mere hundred rupees in his name. He sorted two years of diamonds for Mahindra Brothers before broking his diamonds. He made his first billion in his first year of business. He founded the Adani Group in 1988 when he was 26 years old. Today, he is one of the 100 most influential businessmen worldwide, both in the shipping business and the infrastructure industry.

Gautam Adani has seen a big jump in his fortune in 2021. They have added $ 16.2 billion to their total assets in 2021. His Adani Group is rapidly expanding into new areas, including airports and data centers. Additionally, the shares of many of Adani’s companies have risen in the last one year. The shares of Adani Enterprises have increased four-fold in the last 12 months. The shares of Adani Ports and Special Economic Zone have doubled in the last one year.

Mukesh Ambani – $ 85 billion

Mukesh Ambani runs Reliance Industries, a company founded by his father. Under his guidance, the company’s growth has continued. Over the years, Reliance went into petrochemicals, petroleum refining, telecommunications, entertainment, asset management and oil and gas exploration. Reliance soon became one of the largest publicly traded companies in India. Through Reliance, Ambani opened a chain of around 700 grocery stores that sell food to millions of citizens of India.

Ambani also founded a company called Jio Infocomm and spent $ 35 billion of Reliance to bring the first 4G wireless network to India. Ambani has delivered broadband to villages and rural areas. Now a family living in the foothills of the Himalayas who live in a house made of mud and stone can order a refrigerator online. For anyone in a village with unpaved roads or indoor plumbing, Ambani’s 4G network offers unlimited data for $ 2.10 per month. It gives 1.3 billion people access to global tech and e-commerce giants. This relatively simple task has strengthened the telecom industry in India and is trying to keep its rivals in a tailpin.

Ambani and his family live in a 27-storey mansion in the center of Mumbai, the world’s most expensive private home. The roof has landing space for three helicopters. The house has a 50-seater movie theater, yoga studio, health club, spa, ballroom. Even though the house is home to only six people, the building has more than 600 full-time employees. The 48,000-square-foot building costs between $ 1 and $ 2 billion.

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