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Gautam Adani now a member of $100 billion club, the richest man in India

He was recognized by Forbes magazine as the richest real estate baron and the eighth richest person in the world on 24 March 2008. Radhakishan Damani, Founder of DMart | Richest Man in IndiaRadhakishan Damani founded the DMart chain of supermarkets. His retail chain accounts for 91 stores across India and is the third biggest in the industry. He has the ownership of a 52% stake in Avenue Supermarts, the parent company of DMart. His investment company, Bright Star Investments, holds another 16% stake. Elon Musk is currently the richest person in the world with a combined net worth of $ 311 billion asof November 1, 2023.

world top 100 richest man

Eicher Motors holds a majority stake of 60% in Royal Enfield. His son Siddharth Lal is the current CEO of Eicher Motors and Royal Enfield. Abhay’s father, Arvind Vakil, co-founded Asian Paints with three others in 1942. Sudhir Mehta and Samir Mehta changed the fortunes for a struggling Trinity laboratories by finance officer salary manifesting it into Torrent Pharma. Torrent has a solid presence in Russia, Brazil, and many other European countries. The Torrent group also tried its hands in generating electricity; today, Torrent Power has 2,101 Mw generation capacity and distributes power to 2.76 million customers in parts of Gujarat.

Chairman – Hero MotocorpNet worth – $3.1 BillionIndustry – Motorcycles

Business conglomerate Adani Group’s chairman Gautam Adani is now the world’s third-richest person after overtaking France’s Bernard Arnault according to Bloomberg Billionaires Index. With a total net worth of USD 137.4 billion, 60-year-old Adani has surpassed the wealth of Louis Vuitton chairman Arnault and is now just behind business magnate Elon Musk and Jeff Bezos in the ranking. There are 11 women in the top 100 richest list, according to Forbes real-time Billionaires’ list.

  • Hinduja Family, Hinduja Group | Richest People in IndiaThe Hinduja Group is one of the biggest Indian businesses with a strong international presence.
  • Megha Engineering & Infrastructure was founded in 1989 by P.P.
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  • The youngest person on the list, Kanika Tekriwal of Bhopal-based Jetsetgo, has a wealth rise of 50% to Rs. 420 crores.

Gautam Adani is the chairman and founder of theAdani Group- which runs a slew of businesses from airports to ports, and power generation to distribution. It has six publicly traded companies in India, including Adani Enterprises, Adani Green Energy, and Adani Power. His net worth is $122.2 billion, according to Forbes real-time billionaires list. The woman behind the OP Jindal Group, a steel and power conglomerate, Savitri has a net worth of $17.7 billion and is ranked 91 in the world. She’s the only woman in the top 10 richest Indians and one of 13 Indian women on the billionaires’ list. There are a total of 166 billionaires from India on the list.

Gautam Adani honoured with Global Leadership Award

He exited the stock market in 2000 and began building a retail business by buying cheap land in Navi Mumbai. Elon Musk is the richest person in 2022 with the net worth of $219 Billion. Anil Agarwal is the founder and chairman of Vedanta Resources Plc., a globally diversified metal and mining company. Headquartered in London, Vedanta is the largest mining company of India. Anil Agarwal has announced that he will pass his business to society rather than handing it over to his family. Singh was honoured with Padma Bhushan Award on 26 January 2010 by the Government of India.

He was recognized as the “Most Powerful Person in The Financial World” by Forbes in May 2016. India Today magazine ranked him 8th in India’s most powerful person list of 2017. He was also the Ernst and Young World Entrepreneur of the Year in 2014. Know more about the daily, monthly, and annual salary of the top 10 richest people in the world. Third on the list is Bernard Arnault, CEO of luxury brands conglomerate Louis Vuitton Moët Hennessy , which owns Louis Vuitton, Dior, Fendi, Loro Piana and Bulgari. Arno is the richest man in Europe, and in May, even for a short time, was the richest in the world.

world top 100 richest man

He started out as a trader and then went on to build India’s largest thermal power capacity in the private sector. Out of the top ten richest people in the world, only Adani has seen his net worth increase in 2022 so far. Hence, we provide a list of other 90 top richest Indian who are not included in the above list compiled by Hurun. With assets worth Rs.739 Billion in 2017, Azim Premji continues to remain among top 10 richest people of India. Globally, Forbes said, the world’s billionaire club has declined by 87 compared to 2021, with 2,668 persons, and an aggregate net worth of $12.7 trillion — $400 billion less than in 2021. The world’s richest man said in an interview with Bloomberg News Editor-in-Chief John Micklethwait last month that there are “a few unresolved matters” before the transaction can be completed.

Richest Women in India

The Giving Pledge focuses on encouraging the wealthiest individuals to give away most of their money to philanthropic causes. The Burman family is responsible for giving us Indians Darbur Chyawanprash, a health product that graces the kitchen shelf of every other Indian. An Ayurvedic practitioner Dr. S.K. Burman started the business in 1880s. His son then went on to set up a research and development facility and also began the mass production of medicines in 1884. Dabur Ltd. is presently handled by the fifth generation of the Burman household.

Pallonji Mistry is the richest Irish person with an estimated net worth of 16.2 billion USD. Despite being an Irish citizen, he hasn’t spared any efforts in contributing to India’s development as a superpower. The Adani Group was formed in 1988 and has business interests in the resources, logistics, energy, agriculture, defence, and the aerospace sectors.

  • Mukesh Amabni Life, Biography and HistoryMukesh is the oldest son of Dhirubhai Ambani and has a younger brother, Anil Ambani, whose downhill journey to oblivion is known to all.
  • In 2001, Rahul Bajaj was awarded the third highest civilian award, Padma Bhushan.
  • Upon a quick analysis of the list, here are some quite interesting facts that Business Insider has gathered.
  • Hence, we combine findings of Hurun and Forbes to present our list of Top 100 richest person of India.

A total of 52,192 DMart shares were worth Rs 28 crore as of DMart stock’s Friday closing of Rs 5,329.65 on BSE. What’s more, the cricket competition will take place live online over the course of two days, which means proxies for the two men will have to make minute-by-minute bids and counterbids in real-time. Imagine a Sotheby’s-style auction with Bezos and Ambani, worth about $275 billion and $100 billion respectively, bidding for a prize that only one can ultimately possess. She is followed by Alice Walton, the only daughter of Walmart founder Sam Walton, at 16th rank with a networth of R70.7 billion. Julia Koch, who inherited her fortune from her husband David Koch, and Jeff Bezos’ ex-wife MacKenzie Scott are also part of the top 30 richest in the world.

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Following an investment of Rs.490 Billion in developing a port in Gujarat and interests in other industries, Gautam Adani’s is the seventh richest person in India. Steel baron LN Mittal moved up as the third richest person in India in 2017 thanks to a global spurt in demand and prices of the metal. Chairman of Reliance Industries Ltd, Mukesh Ambani is pegged as the richest person of India by Forbes and Hurun. With wealth in excess of Rs 2.57 Trillion, Mukesh Ambani is far ahead of any Indian billionaire. On the other hand, Forbes List of India’s 10 richest persons has somewhat remained consistent over the years.

Acharya Balkrishna is a familiar face with Indian TV viewers since advertisements of his company, Patanjali Ayurved Ltd, depict him alongside Yoga guru Baba Ramdev. However, his rankings have swung from top to middle during the last few years. As RIL ventures into various other enterprises, including defense, Mukesh Ambani https://1investing.in/ is all set to retain this position for the next few years at least. While RK Damani devotes most of his time to DMart, he continues to make investments in an individual capacity. Many investors have pumped in money in Avenue Supermarts, hoping that the company would see a surge in sales after the second Covid wave.

Mukesh Amabni Life, Biography and HistoryMukesh is the oldest son of Dhirubhai Ambani and has a younger brother, Anil Ambani, whose downhill journey to oblivion is known to all. Mukesh Ambani was born on 19 April 1957 in Aden, Yemen and brought up in Mumbai. He graduated in Chemical Engineering from the Institute of Chemical Technology.

French business magnate and founder of Louis Vuitton SE, Bernard Arnault has seen a $48 billion dent in his net worth thanks to a 20% crash in shares of the company. Since 2007, Radha Vembu and her brother Sridhar Vembu have shared leadership of the technology company they created. The wealth of the Zoho Mail product manager increased by 127% in a single year.

He co-founded HCL in 1976 with an initial investment of Rs. 187,000. Nadar is called “Magus” by his friends (meaning ‘wizard’ in Persian). At a current market cap of $ 1.2 trillion, Tesla is worth more than the next six largest car manufacturers combined. This is not surprising given how well Tesla stock has grown in recent years and months. While many skeptics expect the Tesla bubble to eventually burst (including well-known investor Michael Berry), the auto company’s value continues to rise.

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