richest indians

7/27/2019 Richest Indians

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Anil and Mukesh Ambani

Mukesh Ambani and his younger brotherAnil (left), Chairman and Vice-Chairman ofReliance Group of Industries, are therichest Indians according to a Business

Standard survey.The net worth of the Ambani brothers standat a whopping Rs 23,588 crore ($5.18billion), up by a massive Rs 4,724 crore($1.03 billion) since the last year.

Most of these gains have come from the25.4 per cent rise in the RelianceIndustries stock price.


2/11

IT czar and Wipro Chairman Azim Premji,who was India's richest billionaire last year,slipped to the second spot in the BusinessStandard survey, having lost Rs 12,448crore ($2.74 billion) since the last year.

This was mainly due to the fact thatWipro's market price plummetted by almost40 per cent since last December.

Yet, Premji's net worth still stands at Rs18,964 crore ($4.17 billion).

Azim Premji


3/11

Brothers Malvinder (left) and ShivenderSingh of pharma major RanbaxyLaboratories feature in the third spot in thelist of richest Indians, says BusinessStandard, with a wealth of Rs 5,086 crore($1.12 billion).

The brothers' wealth increased by Rs1,741 crore ($383 million), due toRanbaxy's market valuation rising by 52per cent in the past year.

Malvinder and Shivender Singh


4/11

Telecom magnate and Bharti GroupChairman Sunil Mittal, in the past year, has

jumped up from the seventh to the fourthspot, says the Business Standard survey.

Mittal's net worth is estimated at Rs 5,000

crore ($1.10 billion), with his wealth havinggrown by Rs 2,945 crore ($647 million)since the last year.

Bharti Tele-Ventures, a group company,

showed a sharp turnaround in the lastcouple of quarters, and its stock priceincreased by an eye-popping 143 per centafter the fourth quarter results.

Sunil Mittal


5/11

Shiv Nadar, Chairman, Hindustan Computers Ltd,

is ranked the fifth richest Indian.His net worth, according to Business Standard,stands at Rs 4,299 crore ($945 million).

Nadar's HCL Technologies, despite an ITslowdown has performed very well, as has his

software training firm NIIT.The HCL boss's ambition is to make HCLTechnologies the largest global informationtechnology services firm. His strategy is focusedmarketing, hiring experienced local chiefexecutives, signing joint ventures with the rightpartners to build expertise and strengthenprocesses, get into every conceivable informationtechnology services business and position thecompany as more hi-tech than the competitors.

Shiv Nadar


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Dilip Shanghvi, Chairman, Sun Pharmaceuticals,

is the sixth in the Business Standard list of richestIndians, with a net worth of Rs 3,027 crore ($665million million).

A first generation entrepreneur, Sanghvi's SunPharma ranks among the top five pharmacompanies.

Shanghvi was inducted into his father's smallpharma trade business when he was 18 and acommerce undergraduate at Calcutta University.

Sun Pharma was started in 1983 and with aleadership presence across speciality therapyareas in the domestic market, continues to be oneof the fastest growing pharma companies. SunPharma sells ethical prescription brands across 36markets, including the American and Europeanmarkets.

Dilip Shanghvi


7/11

Kumar Mangalam Birla, Chairman, AdityaBirla Group, ranks No 7 with a net worth ofRs 2,737 crore ($601 million), saysBusiness Standard.

The Birla billionaire added Rs 1,139 crore($250 million) to his net worth, thanks to anappreciation of 102 per cent in the price ofthe Grasim stock, while the Hindalco scripwas up 56 per cent on account of risingaluminium prices.

Fortune magazine recently named the 35-

year-old Birla as the richest Asian underthe age of forty.Kumar Mangalam Birla


8/11

Zee Telefilms Ltd Chairman and mediamoghul Subhash Chandra is the eighthrichest Indian. His net worth is said to be

Rs 2,566 crore ($565 million).

Chandra dream is to build a global mediaenterprise. He is also the promoter ofIndia's first hi-tech amusement parkEsselworld in Mumbai.

Subhash Chandra


9/11

Karsanbhai Patel, Chairman of Nirma Ltd, hascarved an enviable niche for himself in the world of

Indian entrepreneurship. And with a net worth of Rs2,169 crore ($480 million), he is the ninth richestamongst Indians.

A quarter of a century after he changed the clothes-washing habits of the country, Karsanbhai Patelcontinues to be India Inc's favourite case study, saysBusiness Standard.

A chemist, who manufactured detergents at home inAhmedabad in 1969, worked from his backyardwhich developed into a soap factory, cycled to retailoutlets and hawked his brand at one-fourth of the

price of similar products then available. At Rs 6,Nirma, named after his daughter, was the cheapestdetergent available.

By the late 1980s, Nirma had become one of theworld's largest-selling detergent powders.

Karsanbhai Patel


10/11

Dr Anji Reddy, Chairman, Dr Reddy's

Laboratories, with a net worth of Rs 2,132crore ($470 million), is the tenth richestIndia.

Reddy wants to make the Hyderabad-based pharma company a research-drivenfirm that pioneers new products and

process development, says BusinessStandard.

He has also set up Dr Reddy's Foundationfor Human and Social Development toencourage entrepreneurship amongwomen and youth, and address the plightof a growing number of street children inurban areas.

Dr. Anji Reddy


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