The Forbes Magazine is a popular magazine popularly known for listing the world’s top billionaires every year. The magazine usually lists around 2,208 billionaires from around the world. And out of the over 2,208 billionaires it lists, 121 of them are usually from India something that makes the country ranked third after the United States of America and China.
In this article we take you through India’s top 10 richest people and a little bit of their background. Keep reading this piece to find out more information about India’s top ten billionaires you should know about:
- Mukesh Ambani
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He is India’s richest man currently the chairman and managing director of Reliance Industries. He hails from Gujarat and was a student of the Institute of Chemical Technology. At one point he dropped out of Stanford University due to a number of financial challenges he faced at the time. Now, Mukesh Ambani is not just India’s richest man but Asia’s richest man overtaking Jack Ma of China. He is the only man from India to make it to the world’s top 20 richest men.
2. Azim Premji
Sitting at the second spot as the second richest man in India is Azim Premji. The billionaire whose fortune is mainly drawn from the information and technology service is ranked 70th globally in the Forbes magazine. He is an alumnus of Stanford University. He currently lives in Bangalore where he oversees the going-on of his Wipro Company that was set-up by his father about 70 years ago.
3. Lakshmi Mittal
He is the chairman and CEO of ArcelorMittal which is the world’s largest steel maker. He was the ‘Business Person of 2006’ and also named as the ‘Person of the year’ by the Financial Times magazine in year 2006. His fortune is mainly drawn from steel manufacturing. His net worth in 2018 was estimated to be around $18.50 making him be the world number fifty richest man.
4. Shiv Nadar
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Shiv Nadar went to the PSG College of Technology and he is the proprietor of HCL Group. His company boasts of the world’s top rated companies such as Microsoft, Boeing, Cisco, etc. He has greatly contributed to the development of the IT industry of India.
5. Dilip Shangvhi
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He has a Bachelor of Science & Arts Degree from the University of Calcutta. He Lives in Mumbai city, which is considered the commercial capital of India. He is the co-founder of Sun Pharmaceuticals. His net worth is estimated to be around $12.8 billion making him to be considered India’s fifth richest man. According to Forbes world billionaires, Dilip is listed as 115th richest man in the world.
6. Kumar Mangalam Birla
He is the chairman of Aditya Birla Group which is the largest producer of cement in India. He went for his university education at the University of Bombay. He went for his MBA education at the London Business School.
7. Godrej Family
He is the proprietor of Godrej Group, a group he co-founded with his brothers, Ardeshir Godrej and Pirojsha Godrej back in the year 1987. The family is considered to be one of India’s richest families. The source of income of the family being consumer related products. The family boasts of a net worth of $11.40 billion.
8. Uday Kotak
He serves as the executive chairman and managing director of Kotak Mahindra, a leading private sector bank in India. His net worth is rated at around $10.00 billion.
9. Radhakishan Damani
According to the Forbes list of global billionaires 2018, Damani is ranked 151st yet in India he is ranked at number nine. He owns D-Mart supermarkets which is a large chain of supermarkets operating in India.
10. Gautam Adani
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He is the chairman and founder of Adani Group and enjoys a net worth of over $9 billion making him ranked as the 154th richest man in the world.