Karnataka is a state in the Southwestern part of India, a list of the richest people in Karnataka. The southwestern-most part of the city meets the Arabian Sea. This is one of India’s high profile states, with some major cities being Bangalore, and Mysore. Bangalore (now commonly known as Bangaluru) is a high-tech city that has become quite popular for its modern shopping malls and bubbling nightlife. Mysore has within its boundaries some lavish temples including Mysore Palace which was once the domain of the regions Marahajas. You can also find relics of the medieval empire that once dominated the area; including temples, stone chariots, and Hindu temples.
Of course, such a historical city will attract high net-worth individuals who live in palatial residences vaguely mirroring the rulers of times past. The purpose of this article is to find out who are today’s Lords of Karnataka: the richest men in the state of Karnataka. Join us now as we find out.
Top 10 Richest People In Karnataka
1. Azim Premji
Azim Hashim Premji the captain of India’s Information Technology sector. He is a note-worthy entrepreneur, engineer, investor, and philanthropist. Azim Premji is the chairman of Wipro Limited which is an Indian IT company that has gone multinational. As a matter of fact, Wipro Limited is one of the biggest IT companies in the world. In 2010 Asiaweek named him among the 20 most powerful men in the world. Time magazine has named him among the 100 most powerful men in the world on 2 occasions. He is estimated to have a fortune of more than $7.2 billion US dollars, making him the 10th richest person in India.
2. Kiran Mazumdar Shaw
Madam Kiran Mazumdar Shaw is one of the biggest women in Karnakata, and India as a whole. She is a certified billionaire and entrepreneur. She is the chairperson of Biocon Limited which is a biotechnology company that is based in Bangalore, India. She was also at one time the Chairperson of the Indian Institute of management. Her personal fortune is estimated to be more than $3.1 billion US dollars. Although she spends a lot of time outside the country, she maintains her Karnakata home. In 2019 she was listed by Forbes as the 65th most powerful woman in the world, and in 2014 she was awarded the Othmer Gold Medal for outstanding contributions to the progress of science and chemistry.
3. Grandhi Mallikarjuna Rao
Grandi Mallikarjuna Rao is a mechanical engineer, billionaire, industrialist who is mostly known as the founder and chairman of the GMR Group, which builds and maintains infrastructure, mostly in India. The GMR group has operations in 7 countries and undertakes the construction of all kinds of infrastructure including power projects, urban buildings, highways, airports, and such national assets. His net worth is estimated at $2.6 billion US dollars making him the third richest person in Karnataka.
4. N.R Narayana Murthy
Nagavara Ramarao Narayana Murthy is a well known Indian billionaire businessman. He is the chairman emeritus of Infosys. He actually co-founded the company and has been the chairman, chief executive officer CEO, president, and also chief mentor. He was born in the Kingdom of Mysore, which is in Karnataka, India. His personal fortune is estimated at $2.5 billion US dollars. Mr. Murthy is a well-known philanthropist; he is a member of the board of the United Nations Foundation, Indusage Foundation, and the Ford Foundation. He is blessed with 2 children; his son Rohan Murthy and his son in law Rishi Sunak are working their way up the ladder. He has received the following national honors: Padma Vibushan (2008), Legion of Honor (2008), Padma Shri (2008).
5. Rajesh Mehta
Rajesh Jaswanth Mehta is an Indian entrepreneur and billionaire businessman who is based in Bangalore, Karnataka, India. He is the owner and executive chairman of the jewelry company Rajesh Exports, and a well known gold baron. His fortune is estimated to be in the region of $2.5 billion dollars places him fifth on the list of the richest people in Karnataka. In 2015 his company Rajesh Exports acquired Valcambi which is the world’s biggest gold processing facility and is based in Switzerland. That facility alone can produce 400 tons of small-sized gold bars, and 500 tons of 1-kilo gold bars every year. The gold is certified by the London Bullion Market Association.
6. B.R Shetty
Bavaguthu Raghuram Shetty is an Indian businessman who has taken the Indian business presence to the United Arab Emirates. As a matter of fact, he is not just considered as a businessman, but also as an emissary; the leader of the Indian business class in UAE. Some of his businesses include NMC Health, Neopharma, UAE Exchange, BRS Ventures, and Finablr. Mr. Shetty was initially interested in health services delivery when he arrived in the UAE, but he has since diversified into pharmaceuticals, hospitality, financial services, retail, advertising, and information technology. The last record of his fortune was put at $3.5 billion US dollars, although this wealth is believed to have dropped significantly due to a sharp drop in some of his stocks arising from a recent complaint against his company.
7. Kris Gopalakrishnan
Kris Gopalakrishnan is the chairman of Axilor Ventures, which is a company supporting and funding startups. In order words, Kris Gopalakrishnan is a venture capitalist of repute. Before that, however, he was at one time the co-chairman of Infosys which is a major IT company in India. He has made good strides with Axilor Ventures, and in 2013-2014 he was elected as the president of India’s apex industry chamber; Confederation of Indian Industry.
Shivaji Rao Gaekwad who is popularly known by his screen-name Rajinikanth is an Indian actor of widespread fame and immense fortune. He works primarily in Tamil cinema and has also grown from acting action films to writing scripts and actually producing them. He has received screen awards to numerous to mention, but let us only record some of the most recent: in 2019 he won six Tamil Nadu State Awards, including four Best Actor Awards, and two Special Awards For Best Actor. The Indian government has honored him with the Padma Bhushan award (2000), and the Padma Vibhushan award (2016). He has also received the Chevalier Sivaji Ganesan Award for Excellence in Indian Cinema. He has also been awarded the ‘Centenary Award for Indian Film Personality of the Year,’ which he received at the International Film Festival of India. His net worth is estimated to be around $50-70 million US dollars.
9. Saleem Ahmed
Saleem Ahmed is a notable political figure in India and the most influential politician in Karnataka. He was born in Bangalore, and his allegiances reside with the Indian National Congress. He is the vice president of the Karnataka Pradesh Congress Committee, he was the Director-General of the Nehru Yuva Kendra Sangathan, Ministry of Youth Affairs Sports. He has also been the government chief whip of the Karnataka Legislative Council, as well as the General Secretary of the Indian Youth Congress.
10. B.M Farooq
B.M Farooq is a notable businessman and politician from Karnataka, India. After having an impressive career in the commodities business, he ventured into politics and was elected unopposed to the Karnataka Legislative Council. During the Corona Virus lockdown in India, B.M Farooq advocated for the use of Defense vehicles to evacuate poor people who had to trek very long distances as they tried to return to their villages. His net worth is put at around $20-30 million US dollars.
That’s all about The Richest Men In Karnataka.