Indian Economy is among the largest economies in the world and stand in 7th position in the world.
India is a home of many Billionaires, who are leaders in their respective domain. These Corporate Leaders are taking their organisation to greater heights and expanding them widely.
Sectors to which these billionaires belong include Pharmaceutical, Oil and Gas, Construction, Information Technology, Biotech, Telecommunication, etc. This post lays down the list on the Top 10 Richest Persons in India 2017.
10. Cyprus Poonawala
Heads as the chairman of Poonawalla Group, which includes Serum Institute of India, the Indian biotech company that manufactures paediatric vaccines, is the world’s largest vaccine producer making 1.3 billion doses annually in its factory in Pune.
He was awarded the Padma Shri for his contribution to the field of medicine, by Government of India in 2005.
Net Worth: $8.6 Billion
9. Kumar Birla
With a net worth of $8.8 Billion, Kumar Birla is at number 10 in this list. Chairman of Aditya Birla Group, Kumar Birla is an alumnus of London Business School and among the top industrialists in India.
Aditya Birla Group is among the largest corporations in India and operate in various fields like Cement, Telecommunication, Textile, Power, etc. Under the leadership of Kumar Birla, Aditya Birla Group has grown manifold and presently a corporation with a turnover of more than $40 Billion.
Net Worth: $8.8 Billion
8. Shiv Nadar
Founder of HCL Technologies, Shiv Nadar is placed at 6th in the list of top 10 richest persons in India 2015. Winner of Padma Bhushan Award, Shiv Nadar founded HCL Technologies in the year 1976 and transformed the Information Technology Industry in India.
Net Worth: $11.4 Billion
7. Godrej Family
With a net worth of $12.4 Billion, Godrej Family is next on this list, which owns the Godrej Group. Founded in the year 1897, Godrej Group is a giant business conglomerate with operations in different sectors like Appliances, Consumer Products, Real Estate, etc.
Godrej Family also owns a 3,500 acre estate in Mumbai, whose value is more than $10 Billion. Godrej Family in the year 2014 purchased Mehrangir, bungalow of Homi J. Bhabha, a Nuclear Scientist known for his contribution in the nuclear programme in India.
Net Worth: $12.4 Billion
6. Lakshmi Mittal
8th position is occupied by Lakshmi Mittal, an Indian Steel Tycoon and chairman of ArcelorMittal, a leading steel producer in the world. Winner of Forbes Lifetime Achievement Award, Lakshmi Mittal owns a house in Kensington Palace Garden, a street in London with some of the most expensive houses in the world.
Net Worth: $12.5 Billion
5. Pallonji Mistry
Chairman of Shapoorji Pallonji Group, Pallonji Mistry is the fifth richest person in India 2017 and holds a 18.4 % stake in Tata Sons, which is the highest percentage of stake owned by any individual.
Founded in the year 1865, Shapoorji Pallonji Group is a giant business conglomerate with operations in diverse fields like Construction, Power, Biotechnology, Real Estate, etc.
Net Worth: $13.9 Billion
4. Azim Premji
Founder of Wipro, Azim Premji with a net worth of $15 Billion is next on this list and also stand among the top 100 richest persons in the world. Winner of Padma Vibhushan Award, Azim Premji is an alumnus of Stanford University and founded Wipro in the year 1945.
Azim Premji founded the Azim Premji Foundation in the year 2001, which contribute in providing education to children. Azim Premji Foundation functions in many states in the country like Madhya Pradesh, Rajasthan, Bihar, Chattisgarh, etc.
Net Worth: $15 Billion
3. Hinduja Brothers
Hinduja Group is a leading Multinational Corporation, founded in the year 1914 with operations in sectors like Automotive, Oil and Gas, Chemicals, etc. Headquartered in London, Hinduja Group is co-chaired by Hinduja brothers, Srichand Hinduja and Gopichand Hinduja.
Some of the companies owned by the Hinduja Group include Ashok Leyland, Hinduja Health Care Limited, IndusInd Bank and Gulf Oil Corporation Limited.
Net Worth: $15.2 Billion
2. Dilip Shanghvi
With a net worth of $18 Billion, Dilip Shanghvi is ranked 2nd in the list of Top 10 Richest Persons in India 2017. Dilip Shanghvi is the second richest person in India and founder of Sun Pharmaceuticals.
Founded in the year 1983, Sun Pharmaceuticals is a leading pharmaceutical company, which produces formulations for various fields like Diabetology, Cardiology, Neurology, etc. Headquartered in Mumbai, Sun Pharmaceuticals acquired Ranbaxy Laboratories in the year 2014 and became the largest pharmaceutical company in the country.
Net Worth: $16.9 Billion
1. Mukesh Ambani
Mukesh Ambani is the richest person in India with a net worth of $22.7 Billion and stands on first position in this list. Chairman of Reliance Industries Limited, Mukesh Ambani is also among the richest persons in the world.
Mukesh Ambani holds the majority of the share of Reliance Industries Limited, which is more than 40%. Reliance Industries Limited is among the largest companies in India and operate in Petrochemicals and Oil and Gas sector.
Mukesh Ambani is also the owner of the World’s Most Expensive House called Antilia, whose cost is $1 Billion. Antilia is a 34 storey residential building with an area of 8 Lakh Square Foot and designed by Perkin and Will, a Chicago based Architecture Company.
Net Worth: $22.7 Billion