Jamnalal Bajaj founded the 96-year-old family-run business in Mumbai in 1926. Elon Musk is the richest person in the world with a net worth of $250 billion. Gautam Adani is the second richest man in Asia and India.
- In 1991, they acquired the business from Vijay Mallya.
- According to the Forbes’ India’s 100 Richest 2022 list, Gautam Adani, Chairperson of Adani Group, has topped the list with a net worth of USD 150 Billion, nearly tripling his wealth in 2021.
- 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.
- The country’s retailing king, Radhakishan Damani, who owns the DMart chain of supermarkets, is the third richest India with a fortune of $27.6 billion (Rs 222,908.66 crore).
- A staggering $800 billion was added to the wealth of India’s top 100 people this year.
Gautam Adani claimed the top spot in the list, with a net worth of ₹ 1,211,460.11 crores. A Mint report suggested that Adani’s wealth grew by three times in 2021 alone. With a net worth of $134.7 billion, Adani is also the third richest individual in the world, only behind Elon Musk and Bernard Arnault. There are 11 women in the top 100 richest list, according to Forbes real-time Billionaires’ list.
Nehal Vakil and his https://1investing.in/ have been running Asian Paints for several generations, which was founded in 1942. The cumulative net worth of the Vakil family currently stands at USD 5.2 billion, according to the Forbes 2022 list. Falguni Nayar is the founder of the cosmetics platform Nykaa and has made a debut on the 100 Richest Indians list by Forbes this year, at a total net worth of USD 4.8 billion. As per Forbes, her company is valued at over USD 480 million. The Adani Group boss, who owns the country’s largest port in Gujarat’s Mundra, has a net worth of ₹1,211,460.11 crore.
With just one store when he started out in the retail industry in 2002, who are the top 100 richest in the world today operates 271 DMart locations across India. He entered the top three for the first time, despite a 6% fall in net worth to $27.6 billion. Among the four returnees on the list is Anand Mahindra with a net worth of $2.2 billion or Rs 17,768.08 crore. Bhadresh Shah (Rs 15,345.16 crore), Anu Aga (Rs 18,010.37 crore) and Joy Alukkas (Rs 25,036.84 crore) are also among the returnees on the rich list. Torrent Pharmaceuticals, which their late father Uttambhai Nathalalal Mehta founded in 1959, is currently run by brothers Sudhir and Samir Mehta. Torrent Power and Torrent Gas are two companies in their diverse conglomerate.
Srichand, Gopichand, Prakash, and Ashok, the four siblings, currently run the global conglomerate. The brothers have a combined net worth of Rs 122,761.29 crore. The 108-year-old organisation operates in 11 industries, including real estate, banking and finance, IT and ITeS, healthcare, automotive, oil, and specialty chemicals.
This is the first time he was featured among the top 3 of the list. 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. The 64-year-old Mukesh Ambani has petrochemicals, oil & gas, and telecom sectors are his main source of revenue.
The managing director of Divi’s Laboratories, a company that conducts drug research and provides pharmaceutical ingredients, is Murali Divi. His business has grown to become one of the world’s biggest producers of the anti-inflammatory drug naproxen. Mahendra Choksi is the son of one of the four cofounders of Asian Paints, one of India’s top paint manufacturers and a publicly traded company.
Asian Paints, one of Asia’s largest paint manufacturers, was established in 1942 by Dani’s father and three other individuals. Ardeshir Godrej and his brother Pirojsha Burjorji Godrej established this family-run conglomerate in 1897. Adi Godrej is the group’s chairman, and it operates in 15 different industries. Godrej Consumer Products and Godrej Properties are managed by his son Pirojha and daughter Nisaba, respectively. The owner of the DMart chain of supermarkets, Radhakishan Damani, has a net worth of Rs 222,908.66 crore. Veteran Mumbai investor Radhakishan Damani became India’s retail king after the March 2017 IPO of his supermarket chain Avenue Supermarts.
He entered the top three for the first time, despite a 6% drop in net worth. Get the List of Top Richest People in the World And Tesla’s Elon Musk is the richest person in the world with a net worth of $239.3 billion as of 9 February 2022. Stay here to check most recent Worlds Billionaires lists and Richest People in the World below here. The net worth of Gautam Adani, the chairman of the Adani Group, is Rs. 1,211,460,11 crore. In Mundra, Gujarat, Adani is in charge of the largest port in India.
- At 94, Lee Shau Kee is the oldest billionaire in the top 100 billionaires list, according to Forbes’ real time billionaire list.
- India’s post-pandemic demand revival powered its economy to become the fifth-largest in the world, surpassing the U.K.
- The Burman family’s fortune in consumer goods comes primarily from their ownership of the majority of the listed flagship Dabur, which S.K.
- Srichand, Gopichand, Prakash, and Ashok, four siblings, currently exercise control over it.
Chairman & CEO of RIL Mukesh Ambani has a net worth of Rs. 710,723.26 billion. His net worth is currently $88 billion, a 5% decrease from the previous year. Worth $15.2 billion or Rs 122,761.29 crore, Srichand, Gopichand, Prakash, and Ashok Hinduja control the Hinduja Group started by Parmanand Deepchand Hinduja in 1914. Follow the latest breaking news and developments from India and around the world with Hindustan Times’ newsdesk. From politics and policies to the economy and the environment, from local issues to national events and global affairs, we’ve got you covered. Most of these billionaires work in the tech industry, with the exception of Bernard Arnault and Warren Buffett.
Kumar Birla ($15 billion in assets)
He studied commerce at the University of Mumbai but dropped out after one year. Shapoorji Pallonji Group’s Shapoor Mistry tops the list of newcomers. Rekha Jhunjhunwala who replaced her late husband Rakesh Jhunjhunwala is also a newcomer. Kumar Birla, the head of the textiles-to-cement giant Aditya Birla Group, has a net worth of Rs 121,146.01 crore. Sun Pharmaceuticals’ founder, Sanghvi, has a net worth of Rs 125,184.21 billion.
The list for 2022 featured 11 start-up companies from India along with 19 companies from Singapore, followed by 16 start-ups from Hong Kong, 15 from South Korea, and 13 from China. Forbes Asia released the 2nd edition of the list titled ‘Forbes Asia-100 to Watch 2022’. The list highlights small companies and startups on the rise across the Asia-Pacific region. Iii.Cyrus Poonawalla, CMD of Serum Institute of India is ranked 4th with a net worth of USD 21.5 billion followed by Shiv Nadar Founder of HCL Technologies at 5th with a net worth of USD 21.4 billion. I.According to the list, Gautam Adani is the biggest gainer of 2022 in both percentage and dollar terms. Insightful news, sharp views, newsletters, e-paper, and more!
The Forbes 2022 list of India’s 100 wealthiest is finally here, and according to it, the combined wealth of India’s 100 wealthiest has increased by $25 billion to a whopping $800 billion. The top ten wealthiest Indians are worth a total of $385 billion. One of the top highlights this year was rise in fortunes of Gautam Adani with him becoming the planet’s second richest person. 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.
As per the list, the combined wealth of India’s 100 richest grew by $25 billion to touch $800 billion. The wealth grew despite the stock market down marginally from a year ago with the biggest dampener being a weaker rupee, which fell by 10 percent over the same period. Gautam Adani has bagged the top stop followed by Mukesh Ambani who is 2nd on the list. Radhakishan Damani, the country’s retailing tycoon and owner of the DMart supermarket chain, is the third richest Indian, worth $27.6 billion (Rs 222,908.66 crore).
Who doesn’t want to be rich, hardly anyone will be found in this world who does not want to be rich. For this, you have to keep working with a positive mind and hope in God. So friends, let us tell you that you too can add your name to the list of World Richest Man 2023.
Premium As per Forbes India data, the top 10 richest are worth a cumulative $385 billion. The chairman of the textiles-to-cement conglomerate Aditya Birla Group has a net worth of $15 billion or Rs 121,146.01 crore. Srichand, Gopichand, Prakash, and Ashok Hinduja control the Hinduja Group, which was founded by Parmanand Deepchand Hinduja in 1914 and is worth $15.2 billion or Rs 122,761.29 crore. Sun Pharmaceuticals’ founder’s son Dilip Sanghvi is worth $15.5 billion or 125,184.21 crores. The global economy may be slowing, but India’s wealthiest have become even wealthier this year.
Elon Musk, who continues to hold the number one position with a net worth of $190 billion. If we talk about the market value of his current electric car company Tesla, it is around $800 billion. But have you ever wondered who is the World Richest Man 2023 and how did it become.
6) Savitri Jindal – the chairperson of the OP Jindal Group – is the richest woman in the country with a worth of $16.4 billion, according to Forbes. Mukesh Ambani chairs and runs $74 billion Reliance Industries, which has interests in petrochemicals, oil and gas, telecom and retail. The company will be investing $80 billion over the next years on renewable energy and building a new complex next to its refinery. If you have an ambitious mindset and a positive attitude, then believe me you can definitely be included in the list of World Richest Man 2023. In today’s article, we have again released the list of 10 billionaires and net worth in the context of the world’s richest people list 2023. Damani, who owns retail chain-operator Avenue Supermarts, is currently worth $19.2 billion and is positioned at 98 in the list of the world’s wealthiest individuals.
Kumar Birla (net worth $15 billion)
Owns more than 60 firms, among which DuraCell Insurance Company, Zico Dairy, Queen Food Chain, etc. are the main ones. Textiles-to-cement conglomerate Aditya Birla Group’s chairman Kumar Birla has a net worth of Rs 121,146.01 crore. Iii.Kushal Pal Singh of DLF , Benu Gopal Bangur of Shree Cement and Lachhman Das Mittal of Sonalika Group are the oldest billionaires featured on the list. Divya Gokulnath along with Nikil Kamath of Zerodha Broking are the youngest billionaires on the list. Ii.Byju Raveendran and Divya Gokulnath of BYJU’S are ranked 54th on the list with a net worth of USD 3.6 billion. She is also the only woman billionaire on the top 10 of the list.
Iv.According to the list, with a net worth of USD 16.4 billion, Savitri Jindal, Chairperson of the OP Jindal Group becomes India’s richest woman. The combined wealth of India’s 100 richest is at USD 800 billion, this total wealth has increased by USD 25 billion compared to 2021. The net worth of Gautam Adani and Mukesh Ambani accounts for 30% of the total wealth of India’s 100 richest. He quit the stock market in 2000 to start his own hypermarket chain, DMart, setting up the first store in Powai in 2002. The chain had 25 stores in 2010, post-which the company grew rapidly and went public in 2017. The only other woman in the top 10 list who is a billionaire and an elected official is Savitri Jindal, the chairperson emeritus of the O.P.
Today, his $11.2 billion HCL Technologies is among India’s largest software services providers. 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.