Top 10 Richest People in India

Hello there! My today’s post will throw light on the richest people in the neighborhood of Pakistan i.e., India. Even though the two countries were the part of the sub-continent and share some traditions as well, but the Indians richest people are a far cry from what you read about the Pakistanis in the previous post. They are playing big and are on their way to expand the ambit of their business empire thick and fast. Let us know the statistics of the richest Indians and what they are into nowadays. Bear in mind that all the following statistics of Richest People in India are based on data collected as of March 2012.


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10. Kushal Pal Singh

Mr.Singh was born on 15 November 1931 and is the chairman and CEO of DLF limited. DLF was founded in 1946 and is the largest commercial real estate developer in India which has developed residential colonies in Delhi such as Shivaji Park , Rajouri Garden, Krishna Nagar, South Extension, Greater Kailash, Kailash Colony, and Hauz Khas. The net worth of Mr.Singh is around $6.4 billion.


9. Shashi and Ravi Ruia

The net worth of the Rajhastani brothers is around $7 billion and they were born in a small town of India. After the demise of their father, they took over the Essar company and are responsible for the tremendous growth so far. A company which started off as a construction business, afterwards expanded into other fields as well such as telecommunication, oil, gas and steel. Shashi and Ravi are the chairman and vice-chairman of Essar group respectively and their phenomenal intellectual capabilities has led Essar group to tremendous peak.


8. Dilip Shangvi

With a net worth of $7.4 billion, Mr.Shangvi has secured the 8th place. He is the founder and chairman of Sun Pharmaceuticals which was established in 1983. It is an international pharmaceutical company whose main target market is India and USA. According to an estimate, it employs more than 12,000 employees.


7. Anil Ambani

Born on 4 June 1959, he is the chairman of one of the largest private conglomerate called Reliance Anil Dhirubhai Ambani group. Not only Mr.Ambani himself is a business tycoon, later on we will discuss about his brother Mukesh Ambani who is the head of the Reliance industries. Ambani family is one of the richest families in the world. He has a net worth of $7.8 billion


6. Kumar Birla

The Chancellor of Birla Institute of Technology & Science and the chairman of Aditya Birla Group is our number six on the list, Mr. Kumar Mangalam Birla. He is 44 years old and has a net worth of around $8 billion. Aditya Birla Group is headquartered in Mumbai and it employs a gigantic work force of more than 133,000 employees. Operating in more than 33 countries, this giant multi-national conglomerate encompasses myriad field such as viscose staple fibre, metals, cement, viscose filament yarn, branded apparel, carbon black, chemicals, fertilisers, insulators, financial services, telecom, BPO and IT services.


5. Sunil Mittal

Bharti Enterprises is the ‘big thing’ for 54 years old Mr.Sunnil Mittal. He is the founder, chairman and group CEO of Bharti Enterprises which is the leading entity in GSM-mobile phone service with over 190 million customers. Bharti Enterprises is a $8.3 billion turnover company operating in more than 19 countries across Asia and Africa. The net worth of Mr.Sunnil is $8.1 billion.


4. Savitri Jindal and family

After a tragic death of her husband in a helicopter crash, Savitri Jindal took over the reins of the O.P Jindal Group and is the number four on the list. She is the richest woman of India and 80th on the chart of world’s richest persons. Jindal Steel and Power Limited is the component of the O.P Jindal group which plays a important role in the Steel, Power, Mining, Oil & Gas and Infrastructure sectors. The net worth of this 62 years old steel baroness is around $10.9 billion.


3. Azim Premji

Born on 24 July 1945, the 66 years old man is the chairman of Wipro Limited, one of the leading company in software industry which has witnessed tremendous growth under the leadership of Mr.Premji. He owns 79% of the shares of Wipro and along with that he also has under his control a private equity fund called PremjiInvest which has a sole responsibility of managing the personal wealth of this business tycoon of worth $1 billion. By virtue of this, Premji has been able to come up with a net worth of $15.9 billion.


2. Lakshmi Mittal

The King of Steel stepped into this world on 15 June 1950 and currently is the chairman of ArcelorMittal which is the world’s largest steel making company employing more than 261,000 people. He holds 41% stake in ArcelorMittal and a 34% stake in Queens Park Rangers F.C. football team. Mr.Mittal happen to make a world record in the marriage sector also as the marriage of her daughter Vanisha Mittal was the second most expensive in the world. He is also the director of Goldman Sachs and owner of Karrick ltd. ArcelorMittal has a annual turnover of around $94 billion. The net worth of Mr.Mittal is around $20.7 billion.


1. Mukesh Ambani

The MD and Chairman of the second largest company of India in terms of revenue, Reliance Industries Limited, is at the top of the list with a net worth of $22.3 billion. Mr.Ambani was born on 19 April 1957 and is the largest shareholder of RIL by a holding of 44.7%. He is also the member of the Board of Directors of Bank of America Corporation. One interesting fact about Mr.Ambani is that according to a report, he is even richer than the owners of Chelsea and AC Milan. He is a drop-out of Stanford University. It is been a while I was wondering that there should be a word ‘drop-out’ used in the list as this reminds me of Bill Gates.


Please share you comments below about this list of richest people in India – 2012

One Response to “Top 10 Richest People in India”

  1. soad

    Aug 10. 2012

    hello! i like write to people in world , my regards to you all – soad from libya .