India's-Top-10-Richest-People

 

1. Mukesh Ambani

 

Real Time Net Worth As of 5/16/15

 

$19.6 Billion

 

2014 India's Richest Net Worth

 

$23.6 Billion

 

Chairman, Reliance Industries

 

Age 58

 

Source Of Wealth petrochemicals, oil & gas

 

Residence Mumbai, India

 

Citizenship India

 

Marital Status Married

 

Children 3

 

Education Bachelor of Science in Engineering, University of Bombay; Drop Out, Stanford University

Mukesh Ambani, India's richest person, added $2.4 billion to his wealth, even as his $75 billion (revenues) Reliance Industries recently reported its first drop in net profits in nine quarters as lower oil prices impacted refining margins. Reliance, which owns the prized KG-D6 offshore oilfield, entered into an exploration pact with Mexico's Petroleos Mexicanos (PEMEX) in December. In February, a Reliance executive was among a group of people arrested in a case of alleged corporate espionage whereby they illegally obtained confidential documents from the Ministry of Petroleum and Natural Gas.

 

2. Dilip Shanghvi

 

Real Time Net Worth As of 5/16/15

 

$19.7 Billion

 

2014 India's Richest Net Worth

 

$18 Billion

 

Age 59

 

Source Of Wealth pharmaceuticals, Self Made

 

Residence Mumbai, India

 

Citizenship India

 

Marital Status Married

 

Children 2

 

Education Bachelor of Arts / Science, Calcutta University

 

Dilip Shanghvi, founder of Sun Pharmaceutical Industries, India's most valuable drug company (market cap:$31 billion), is now the country's second-richest person, after Reliance Industries' Mukesh Ambani. Sun's shares surged after it acquired scandal-tainted rival Ranbaxy Laboratories from Japan's Daiichi Sankyo for $4 billion last year. In December, India's competition watchdog approved the deal, provided the merged outfit sells off 7 drugs.

 

3. Azim Premji

 

Real Time Net Worth As of 5/16/15

 

$16.1 Billion

 

2014 India's Richest Net Worth

 

$16.4 Billion

 

Chairman, Wipro Limited (ADR)

 

Age 69

 

Source Of Wealth Software

 

Residence Bangalore, India

 

Citizenship India

 

Marital Status Married

 

Children 2

 

Education Bachelor of Arts / Science, Stanford University

 

Tech tycoon Azim Premji's Wipro, India's third-largest outsourcer, reported a 9% rise in net profits to $348 million in the last quarter, on the back of new business from clients such as Levi Strauss and Cairn India. But it still lags rivals like Tata Consultancy Services, flagship of the Tata Group. Premji has denied rumours that his son Rishad, who heads strategy and also overseas Wipro's $100 million venture capital fund, will be appointed on the board and named as vice chairman.

 

4. Pallonji Mistry

 

Real Time Net Worth As of 5/16/15

 

$15.6 Billion

 

2014 India's Richest Net Worth

 

$15.9 Billion

 

Age 85

 

Source Of Wealth construction

 

Residence Mumbai, India

 

Citizenship Ireland

 

Marital Status Married

 

Children 4

Irish citizen Pallonji Mistry who chairs India-based construction giant Shapoorji Pallonji Group got a big boost this year thanks to the rising value of his 18.4% stake in Tata Sons, the holding company for the $103 billion (revenues) Tata Group. Mistry's younger son Cyrus is chairman of the Tata conglomerate whose star performer is Tata Consultancy Services, now India's most valuable company, with a recent market cap of $85 billion.

 

5. Lakshmi Mittal

 

Real Time Net Worth As of 5/16/15

 

$14.5 Billion

 

2014 India's Richest Net Worth

 

$15.8 Billion

 

Chairman and CEO, ArcelorMittal (ADR)

 

Age 64

 

Source Of Wealth steel

 

Residence London, United Kingdom

 

Citizenship India

 

Marital Status Married

 

Children 2

 

 

Education Bachelor of Arts / Science, St Xavier's College Calcutta

 

6. Hinduja Brothers

 

Real Time Net Worth As of 5/16/15

 

$14.1 Billion

 

2014 India's Richest Net Worth

 

$13.3 Billion

 

Age 64

 

Source Of Wealth diversified

 

Residence London, United Kingdom

 

Citizenship United Kingdom

 

Encouraged by India's business-friendly government which came into power last May, the 4 Hinduja siblings who control the Hinduja Group, a multinational conglomerate, which is co-chaired by London-based brothers Srichand and Gopichand, say they are ready to invest as much as $10 billion in reviving stalled infrastructure and power projects. The clan's wealth is up by 50%, partly on a rebound in the auto sector that boosted shares of their indian truckmaker, Ashok Leyland.

 

7. Shiv Nadar

 

Real Time Net Worth As of 5/16/15

 

$13.3 Billion

 

2014 India's Richest Net Worth

 

$12.5 Billion

 

Age 69

 

Source Of Wealth information technology, Self Made

 

Residence Delhi, India

 

Citizenship India

 

Marital Status Married

 

Children 1

 

Education Bachelor of Arts / Science, PSG College of Technology

 

Shiv Nadar, cofounder of the $6.5 billion (revenues) HCL Group added $3.7 billion to his fortune on rising shares of software outfit HCL Technologies, which reported net profits of $1 billion on revenue of $5.4 billion in the year ended June 2014. The company caused a stir in the IT industry when it rewarded its best performing executives with such perks as Mercedes Benz cars and paid family holidays.

 

8. Family Godrej

The Godrej clan owns the 117-year-old Godrej Group, a $4.5 billion (revenue) consumer goods empire that is making inroads abroad. Listed Godrej Consumer Products, where the patriarch's daughter Nisa works, now gets close to half of its $1.3 billion in annual revenue from overseas markets in Asia, Africa and South America. The family's wealth, which until this year was listed under group chairman Adi Godrej, rose along with the value of its vast estate in suburban mumbai.

 

9. Kumar Birla

 

Real Time Net Worth As of 5/16/15

 

$8.7 Billion

 

2014 India's Richest Net Worth

 

$9.2 Billion

 

Age 47

 

Source Of Wealth commodities

 

Residence Mumbai, India

 

Citizenship India

 

Marital Status Married

 

Children 1

 

Education Bachelor of Arts / Science, University of Bombay; Master of Business Administration, London Business School

 

Fourth-generation head of $40 billion (revenues) commodities conglomerate Aditya Birla Group, Kumar Birla, was embroiled in india's "coalgate," in which mining concessions were given by the government to several companies, including his Hindalco Industries, without competitive bidding. while the Central Bureau of investigation recommended in August 2014 that the case against Birla be closed, a court subsequently asked for further investigations.

 

10. Sunil Mittal & family

 

Real Time Net Worth As of 5/16/15

 

$7.1 Billion

 

2014 India's Richest Net Worth

 

$7.8 Billion

 

Age 57

 

Source Of Wealth telecom, Self Made

 

Residence Delhi, India

 

Citizenship India

 

Marital Status Married

 

Children 3

 

Education Bachelor of Arts / Science, Punjab University

 

Indian telecom tycoon Sunil Mittal's Bharti Airtel, the world's fourth-largest telecom by number of subscribers, crossed the milestone of 300 million customers in 2014. It's on a roll to expand its 4G services in anticipation of imminent competition from Mukesh Ambani's Reliance Jio. To pare its $10.6 billion debt, Airtel sold a chunk of its African telecom towers to American Tower Corp, among others.


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