Interesting details on the richest businessmen in India currently. India can boast of a thriving economy that is set to beat some of the big guys in Europe, Asia, and the Americas. Wealth is being created in the country and a lot of people are getting richer by the day.
Many businesses are doing fine in India, and so are their principals. There are a lot of billionaires in India who are now prominent figures in the world ranking. Indeed, a handful of them are self-made (they are the bosses of flourishing businesses that have employed tons of people). And we will be highlighting them in this article.
These very wealthy billionaires have been able to create businesses that cut across industries like software, finance, energy, and so on. And yes, there are a lot of them out there in India. In this article, we will focus on the top ten richest among them.
Top 10 Richest Businessmen In India
1. Mukesh Ambani
Mukesh Ambani is the richest man in India as things stand now, with a net worth that is around $47.8 billion. He, of course, is one of the richest persons in the world.
He is chairman of Reliance Industries – a firm built by Dhirubhai Ambani (his late Dad) back then in 1966. The company was initially, simply a textile manufacturer before spreading its tentacles around other sectors.
Reliance Industries is now worth a fortune, and Mukesh is the largest shareholder there.
2. Azim Premji
Azim Premji is not just a wealthy billionaire, but the second richest businessman in India, who has a net worth that is said to be around $20.9 billion.
He is a self-made billionaire who is boss at Wipro. The firm, which operates in the software industry, is one of the most important companies in India – in terms of revenue, opportunities creation, and so on.
Premji’s journey is pretty encouraging. After leaving Stanford University back then in 1966, he took over the family’s cooking-oil business following the demise of his Dad. Nevertheless, as a result of being a youngster with visions and innovation, he expanded into software – which gave his fortunes a drastic enhancement.
3. Lakshmi Mittal
Lakshmi Mittal is the third richest businessman in India, as he can boast of having a net worth that is around $18.1 billion. He is one of the richest men in the world at large, and we are placing him on the third spot on our list here.
Mittal is boss at ArcelorMittal, and he is a big player in the steel industry. His company is regarded as the largest steelmaker, not only in India but in the whole world.
4. Shiv Nadar
Shiv Nadar is the fourth richest businessman in India who has a net worth that is said to be around $14.8 billion. Nadar is a self-made billionaire whose fortune was enhanced as a result of his exploits in the software industry.
As far back as 1976, he co-founded HCL, and they produce microprocessors. It is amazing to note that he didn’t start very big, he started in a garage. With hard works, determination, consistency, appropriate vision, and innovation, the company has grown so big that it is now one of the largest software service providers in the country.
5. Kumar Mangalam Birla
Kumar Birla is the fifth richest businessman in India who has a net worth that is around $14.8 billion. And so, we have placed him already on the fifth spot of our list.
Kumar is an Indian billionaire who is boss at Aditya Birla Group, with interests in various industries, including commodities, telecom, and financial services. The Group has emerged as one of the most valuable conglomerates in the whole country.
Aditya Birla Group was founded by Aditya Birla – Kumar’s father. He inherited his father’s empire when he was 28 (after the death of Birla), and he witnessed a change in fortunes after that.
6. Dilip Shanghvi
With a net worth that is around $11.9 billion, Dilip Shanghvi has become the sixth richest businessman in the whole of India. He has become one of the most influential persons in the country who has contributed positively in certain important ways.
He, being a self-made billionaire, started from scratch too. He borrowed some money from his dad back then in 1983 to build Sun Pharmaceutical. As things stand now, Sun Pharmaceutical can boast of being a world-class company whose influence is not simply limited to the shores of India alone (here is one of the largest specialty-generics makers in the whole world)
Dilip Shanghvi’s journey is an inspiring one that should encourage youngsters to be optimistic about leaping forward to grab whatever good it is they desire to get.
7. Radhakishan Damani
Radhakishan Damani is the seventh richest businessman in India, as he can boast of a net worth that is said to be around the region of $10.9 billion. So, he sits gallantly on the seventh spot on our list.
Damani is an investor who tries to focus on sectors and places where his money is guaranteed multiplication. He, back then in the year 2002, chose to go into retail. He started with a suburban store, which he ensured he poured adequate investments on. Some years later, due to strategic steps and processes, his Dmart has become a huge success in India.
8. Uday Kotak
Uday Kotak is the eighth richest businessman in India with a net worth that is in the region of $10.5 billion. And so, we have placed him on the eighth spot on the list.
We might be right to say that Uday is meant for the business world, considering how he rejected a nice job with superb salaries from Hindustan Unilever (which is the Indian unit of the popular Unilever) after he finished his MBA years back. Rather than settling for the offer, he decided to establish his own company (in 1985). It was a finance coy that grew into a bank in 2003 (Kotak Mahindra Bank).
Uday grew his worth into billions through hard works and has become the founder of one of the top banks in the private sector as far as India is concerned.
9. Cyrus Poonawalla
The ninth richest businessman in India is Cyrus Poonawalla, with a Net Worth that is around $8.3 billion. He established the Serum Institute of India as far back as 1966. His firm has grown impressively over the years and has become a powerhouse as far as vaccine-making is concerned. It is impressive to also add that Cyrus is a self-made billionaire whose business has created a lot of opportunities for tons of people all over the country.
10. Sunil Mittal
Sunil Mittal is the founder of Airtel Enterprises and he has a Net Worth that is around $7.6 Billion, placing him in the tenth position on our list.
His Bharti Enterprises invests in several sectors, including the likes of Telecom, insurance, Real Estate, Education, and so on. Mittal is actually a big figure in the mobile telecom sector – one of those who have a strong belief in the sector’s success back then, and who first dipped in to play the game. And so, Bharti Airtel, which is part of his Bharti Enterprises, has spread beyond India to faraway countries (including a continent like Africa)
Apart from the huge money he earns, he is also a man who has been rewarded at various times with recognitions and awards. He has been awarded the Padma Bhushan before now, has won the Telecom Person of the Year, the Telecom Asia Awards, and so on.
As a result of his experiences and exploits in the business world, he was deemed worthy of being made the Chairman of the International Chamber of Commerce in 2016. Mittal, who was born in 1957 in Punjab, is an educated man (he attended Arya College and Panjab University) but decided to go into the world of business (it was made known that he started his first business with a loan from his dad).
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