Top 10 Richest Indians
By debashis, Gaea News NetworkThursday, February 4, 2010
India, a country of rich cultural and royal heritage, is booming with its surging economy at a fast pace. With the end of economic slowdown and the rebounding stock market, happy days are back for India Inc. India is now home to 52 billionaires, up from 27 last year and only two short of what India had at the peak of its stock market boom in 2007. Let’s have a glimpse of the 10 richest Indians.
Net Worth: $32 billion
Age: 52
Marital Status: Married, 3 children
Residence: Mumbai
Chairman, managing director and the largest shareholder of oil and gas conglomerate, Reliance Industries Limited, India’s largest private sector enterprise and a Fortune 500 company. His personal stake in Reliance Industries is 48%. Mukesh Ambani also owns the Indian Premier League team ‘Mumbai Indians’.
Net Worth: $30 billion
Age: 59
Marital Status: Married, 2 children
Residence: London
This Indian-Britsh steel magnate is the Chairman and CEO of ArcelorMittal, the largest steel company in the world. He also serves as a non-executive director of Goldman Sachs, EADS and ICICI Bank and is presently the vice chairman of the World Steel Association. He has stake in British soccer team QPR.
Net Worth: $17.5 billion
Age: 50
Marital Status: Married, 2 children
Residence: Mumbai
Chairman and a major shareholder of Reliance Anil Dhirubhai Ambani Group. He is a member of the Board of Overseers at the Wharton School of the University of Pennsylvania. He is also the member of the Board of Governors of the Indian Institute of Technology Kanpur and Indian Institute of Management, Ahmedabad.
Net Worth: $14.9 billion
Age: 64
Marital Status: Married, 2 children
Residence: Bangalore
This Software czar is the Chairman of Wipro, one of the largest software companies in India. Apart from information technology, Wipro has interests in consumer care, lighting, engineering and healthcare businesses.
Net Worth: $13.6 billion
Age: 65/60
Marital Status: Married, 2 children/Married, 2 children
Residence: Mumbai
The Ruia brothers’ founded the Mumbai based $14 billion (revenues) Essar Group, a multinational conglomerate in the sectors of Steel, Energy, Power, Communications, Shipping Ports and Logistics as well as Construction. It has weathered the downturn and embarked on an expansion drive in all its businesses. Shashi Ruia, is the Chairman of Essar Group and Ravi Ruia the Vice Chairman. One of India’s largest cellular service companies, Vodafone-Essar is a joint venture of Essar Communication Holdings Ltd and the UK-based Vodafone Group.
Net Worth: $13.5 billion
Age: 78
Marital Status: Married, 3 children
Residence: Gurgaon, Haryana, India
Chairman and CEO of DLF Universal, India’s biggest real estate developer. DLF has an estimated land bank of 10,255 acres (42 km2) with about 3,000 acres (12 km) being in Gurgaon called DLF City.
Net Worth: $12 billion
Age: 59
Marital Status: Widowed, 9 children
Residence: Hisar/Delhi
She is India’s richest woman and the non-executive chairperson of Jindal Steel, and member of Haryana Vidhan Sabha, (Legislative Assembly) MLA.
Net Worth: $8.2 billion
Age: 52
Marital Status: Married, 3 children
Residence: Delhi
This Indian telecom mogul is the chairman and managing director of the Bharti group. The US$12 billion turnover company’s flagship Bharti Airtel runs India’s largest GSM-based mobile phone service and is now the world’s third-largest, single-country mobile operator as well as sixth-largest integrated telecom operator.
Net Worth: $7.8 billion
Age: 42
Marital Status: Married, 3 children
Residence: Mumbai
He is the Chairman of the Aditya Birla Group, whose companies in India include Grasim, Hindalco, UltraTech Cement, Aditya Birla Nuvo, Idea Cellular and Aditya Birla Retail and also the Chancellor of Birla Institute of Technology & Science, Pilani (BITS Pilani).
Net Worth: $6.4 billion
Age: 47
Marital Status: Married, 2 children
Residence: Ahmedabad
This trader-turned-industrialist chairs Adani Group, which he founded in 1988 as a commodities trading outfit. It is now a leading trading and export company of India with interests in energy, infrastructure, edible oil manufacturing, headquartered in Ahmedabad, India. His Mundra Port on India’s west coast is country’s biggest in private sector.
