Top 10 Richest person in India, Net worth – 2017 Updated List

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This world is consisting of every people who are a Richest person and poor Person or may be something but none of them is satisfied with their present condition and he/she wants to grow more and more. In our daily schedule, we dream of having more luxury and comfort to wind up that schedule. For example, if someone has to go a particular destitution by walk then he/she desires for at least some money for the bus or buy a bicycle while the person who is already traveling  to bus wants money for auto or a scooter and even if some is having a car he/she wants something beyond that.

Everybody dreams of making his/her condition more luxuries and comfortable than the current one. Well there is nothing wrong to dream of something and chasing it too but just have a dream and some make it real by their hard work and strong will power and today they have a lot of stuff as their assets.

Our this article is written for especially such dream chasers which can boost their moral to a very high level so that they can buck up more and more for their dream. Recently a list of top ten richest people of India has been released and we are unwrapping that list in this article.

10. Gautam Adani

An Indian business tycoon Gautam Adani having a net worth of $7.0 Billion has secured the tenth rank in this list. Adani is chairman and founder of Adani Group. He was born on 24 June 1962 in a Gujarati Bania family of Mr. and M/s Shantilal and Shanta Adani. Adani done is his second year of graduation for the degree of Bachelor’s in Commerce from Gujrat University because he left for Mumbai having countable money. Though Mr. Shantilal is having his own textile unit in Ahmedabad still Adani wants to do something of his own so for the sake of this he left his father’s house when he was just 18. He got his first break as a diamond sorter at Mahindra Brothers and he served his services there for two years. Afterward, in the third year he set up his own diamond brokerage business and at 20 he made his first million and the most important fact is that making a million was a quite big amount in the early 80’s.

Later an entrepreneur Mahasukh Adani who is also his elder brother calls him back so that Adani can run his newly purchased plastic factory. Eight years later i.e. in 1988, Adani established his Adani Exports Limited for the trading variety of power and agricultural commodities. He also established a thermal plant, Adani Power Ltd to expand his business in the power sector. Adani didn’t stop here and keeps expanding his business and as a result of today he is having his Adani group which is currently trading in various businesses sectors such as coal trading and mining, oil & gas exploration; transmission and distributions, edible oil, ports, multi-modal logistics, power generation and Agri Infrastructure. Apart from this, he is having a foundation school in Ahmedabad only for those parents with an annual income less than Rs.1 lakh, Adani VidyaMandir. This school receives three percent profit of Adani Group.

9. Kumar Mangalam Birla

The ninth rank is secured by an Indian industrialist Kumar Mangalam Birla is having a net worth of $7.8 Billion. Birla is chairman of Aditya Birla Group.

On June 14th, 1967 in Kolkata, Birla took birth in a Rajasthan based Birla family as a fourth-generation member of the family and as a son of Aditya Vikram Birla. He has received a degree in Bachelor of Commerce from the University of Bombay and from London Business School he received a degree in Master of Business Administration. When he was 28 following his dad’s death he took over as chairman of Birla Group and during his tenure of chairmen from 1995 to 2015 he has expanded group’s annual turnover to US$41 billion from just US$3.33 Billion and therefore today this group has become one of the largest conglomerate corporations in India. Apart from being a chairman, Birla is also chairmen of IIT Delhi and Rhodes India Scholarship Committee for Oxford University. In addition to this, he is also a chancellor of the Birla Institute of Technology & Science and an Honorary Fellow of the London Business School from where he has received his degree in Master of Business Administration.

 

8. Cyrus Poonawalla

The eighth rank is secured by an Indian businessman Cyrus Poonawalla having a net worth of $8.5 Billion, who is a chairman of Poonawalla Group.

Poonawalla has done his schooling in Pune from The Bishop’s School and he receives a graduation degree in Commerce from Brihan Maharashtra College of Commerce which was affiliated with the University of Pune. The Poonawalla Group is consisting of an Indian biotech company which manufactures pediatric vaccines and Serum Institute of India. The Government of India has given a Padma Shri to Poonawalla in 2005 for his contribution to the field of medicine.

7. Lakshmi Mittal

The seventh rank is secured by a UK based Indian steel magnate Lakshmi Mittal having a net worth of $11.2 Billion, who is a chairman of and CEO of ArcelorMittal.

Mittal was born on born 15 June 1950 in the family Mohan Lal Mittal, who runs a steel business. In early 90’s the Mittal family’s main assets in India includes only two sheet plants, one was a cold-rolling mill for steels sheet in Nagpur and another was an alloy steels plant near Pune but today it includes a very large integrated steel plant near Mumbai.

He has done his schooling from Shri DaulatramNopanyVidyalaya and afterward he receives a degree in Bachelor of Commerce from the University of Calcutta. When he was 26 he opens his first steel factory in Sidoarjo, East Java, Indonesia due to a curb by the Indian government of steel production, PT Ispat Indo.

Today his firm ArcelorMittal is world’s largest steelmaking company. He had become the eighth-wealthiest man in Britain in 2002 and in 2011 Forbes announced him as a globally sixth Richest person and even being too wealthy Mittal didn’t request for British citizenship and still today he is considered to be the UK based India businessmen. Well, the story doesn’t end here, and another achievement in the account of Mittal was his daughter’s wedding. The wedding of Vanisha Mittal daughter of Lakshmi Mittal is recorded as the second most expensive wedding in history.

6. Godrej Family

The sixth rank is secured by an Indian Parsi family Godrej Family having a net worth of $11.4 Billion, who is managing the Godrej Group.

The Godrej Group was established in 1897 in Bombay by two Parsi brothers Ardeshir Godrej and PirojshaBurjorji Godrej. The Godrej brothers started their business by developing and selling locks after reading an article describing the rising rate of crime in the city. During this time Ardeshir was assisting his brother Burjorji. Today the third generation of Burjorji is handling the family business as Ardeshir dies childless therefore his family tree terminates there and Burjor, Sohrab, and Naval the sons of Burjorji manages and expands the business in the second generation branch and currently Adi, Nadir, and Jamshyd are working in the third generation branch where Adi and Nadir are brothers while Jamshyd is their cousin.Today Godrej Group is considered to be one of largest groups serving in the sectors of real estate, consumer and agricultural products, industrial engineering, appliances, furniture, security, and products.

5. Shiv Nadar

The fifth rank is secured by an Indian industrialist and philanthropist Shiv Nadar having a net worth of $12.9 Billion, who is founder and chairman of HCL.

Nadar was born on 14 July 1945 in a Tamilian family of Mr. and M/S SivasubramaniyaNadar and Vamasundari Devi, who resides in Moolaipozhi Village, Tamil Nadu.He has received a degree from PSG College of Technology, Coimbatore in Electrical and Electronics Engineering. He started working in Cooper Engineering of Walchand group and later left his job for the sake of starting something of his own. Thus with in order to complete his dream he team up with his seven fellows: AjaiChowdhry, Arjun Malhotra, Subhash Arora, Yogesh Vaidya, S. Raman, MahendraPratap and DS Puri to start a firm for selling tele-digital calculator, Microcomp and in 1976 this team founded Hindustan Computers Limited or HCL and for this they have invested a sum of Rs. 187,000. For his hard work and great efforts in IT, industry Nadar was awarded Padma Bhushan in 2008.

 

4. Pallonji Mistry

The fourth rank is secured by an Irish Indian construction tycoon Pallonji Mistry having a net worth of $14.7 Billion. Mistry is chairman of ShapoorjiPallonji Group and son of late ShapoorjiPallonji who has bought some shares in Tata son. Well, Shapoorji has bought only a few shares in 1930 of Tata Sons but today his son Pallonji is the largest single shareholder.

Mistry is married to Pat PerinDubash and has four wards Cyrus Mistry, Shapoor Mistry, Laila Mistry and Aloo Mistry and among them Cyrus serves his services as a chairman of Tata Sons from November 2011 to October 2016 as Tata removes him from his post because he has been accused of breach of trust and confidentiality and Aloo is married to half-brother of Ratan Tata, Noel Tata.

 

3. Azim Hashim Premji

The third rank is secured by an Indian business tycoon Azim HashimPremji having a net worth of $16.5 Billion, who is chairman of Wipro Limited. Premji is a business tycoon, investor, and philanthropist by profession.

Premji was born on 24 July 1945 and on 29 December 1945 his father Muhammed HashimPremji incorporated a firm in Amalner, Maharashtra for the manufacturing of vegetable and refined oils Western India Palm Refined Oil Limited, which is abbreviated as WIPRO. When Premji turned 21, unfortunately, his father passed and he took over as chairmen of WIPRO. Since Premji receives his degree in Bachelor of Science in Electrical Engineering from the Stanford University of USA so he shifted his companies focus on IT and computing industry and on the same time they expanded themselves in consumer products after launching one family soap and one toilet soap. The family soap was a tulsi-based soap and its name was Ralak” a family soap and the toilet soap was Wipro Jasmine.

 

2. Dilip Shanghvi

The second rank is secured by an Indian businessman Dilip Shanghvi having a net worth of $17.5 Billion, who is the founder of Sun Pharmaceuticals.

Shanghvi was born on 1 October 1955 to the family of Mr. and M/S ShantilalSanghvi and KumudSanghvi in Gujrat. He has received a degree in Bachelor of Commerce from the University of Calcutta.In 1983 Shanghvi established his firm in Vapi with a partner, Pradeep Ghosh to treat psychiatry ailments. Initially, he introduces five products for the treatment and today Sun Pharmaceuticals has become a market leader in many sectors such as cardiology, gastroenterology, nephrology, neurology, ophthalmology, orthopedics and psychiatry. In 2016 he received a civilian honor of the Padma Shri.

 

1. Mukesh Dhirubhai Ambani

The first rank is secured by an Indian business magnate and chairman of Reliance Industries Limited MukeshDhirubhaiAmbani having a net worth of $22.3 Billion. Ambani is also MD of RIL and holds largest amounts of shares of Reliance Industries Limited.

Ambani was born on 19 April 1957 to the family of late DhirubhaiAmbani and KokilabenAmbani. His father Dhirubhai was a business tycoon and in 1960 had founded Reliance Industries in Bombay as Reliance Commercial Corporation.

He has received a degree from the Institute of Chemical Technology, Matunga in Bachelors of Engineering in Chemical Engineering and he joined an MBA program at Stanford University but to help his father to build and expand RIL he left it in the midway. Today he is holding 44.7% stake in the company. Though at that time RIL was a small enterprise but today it deals in refining, petrochemicals, oil and gas sectors.

Written by Sumeet Rathi ( Freelance designer and writter)

 

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