India now has 209 billionaires, of whom 177 live in India, according the latest Hurun report. The Hurun list is the most authoritative rich list and philanthropy list provider in the subcotinent. Its 10th edition was released on March 2, 2021. The Hurun Global Rich List ranked 3,228 billionaires from around the world. Despite the ongoing global coronavirus pandemic, total wealth of billionaires increased by 32% to $14.7 trillion. Following are India’s Top 10 billionaires:
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#1. MUKESH AMBANI | Net worth: $83 billion | Company: Reliance Industries Limited. The Reliance Chairman is the richest Indian billionaire, and also the richest Asia. In February, Ambani overtook Zhong Shanshan as the richest Asian.
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#2. GAUTAM ADANI & FAMILY | Net worth: $32 billion | Company: Adani Group. He is the billionaire behind Adani Enterprises Ltd., Adani Ports and Special Economic Zone Ltd. and Adani Airport Holdings Ltd, among others. Among the world's billionaires, he has had the highest increase in wealth in recent months.
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#3. SHIV NADAR & FAMILY | Net worth: $27 billion | Company: HCL Technologies. The billionaire industrialist is the founder and chairman of HCL, which he formed in the mid-70s and transformed the IT hardware company into an IT enterprise service provider.
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#4. LASKHMI MITTAL | Net worth: $19 billion | Company: ArcelorMittal. India's steel magnate Mittal, 61, is the chairman and CEO of ArcelorMittal, the world's largest steelmaking company. Mittal owns 38% of ArcelorMittal.
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#5. CYRUS POONAWALLA | Net worth: $18.5 billion | Company: Serum Institute of India. The Oxford-AstraZeneca vaccine is being manufactured locally by the Serum Institute of India, the world's largest vaccine manufacturer.
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#6. HINDUJA BROTHERS | Net worth: $18 billion | Company: Hinduja Group. Photo shows Ashok P. Hinduja, chairman of Hinduja Group of Companies-India at Hinduja Group Limited (left) and Gopichand Hinduja, group co-chairman. The Hinduja family are among the world's richest, with the Hinduja Group accounting for the bulk of their fortune, with investments in finance, energy, healthcare and media in nearly 40 countries.
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#7. UDAY KOTAK | Net worth: $15 billion | Company: Kotak Mahindra Bank. In 1985, he started a finance firm then went on convert it into a bank in 2003. Kotak Mahindra Bank is now among India's top four banks in the private sector, boosted by its 2014 acquisition of ING Bank's Indian operations. Kotak, 61, is currently the world's richest banker.
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#8. RADHAKISHAN DAMANI & FAMILY | Net worth: $14.5 billion | Company: Avenue Supermarts. Indian billionaire investor founded DMart, an Indian chain of hypermarkets. He also manages his portfolio through his Investment firm, Bright Star Investments Limited.
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#9. JAY CHAUDHRY | Net worth: $13 billion | Company: Zscaler. Chaudhry, 62, founded Zscaler, a cybersecurity company. Chaudhry, 62, along with his family own about 45% of the Nasdaq-listed ZScaler, which currently is worth $28 billion.
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#10. DILIP SHANGHVI & FAMILY | Net worth: $12.5 billion | Company: Sun Pharmaceutical Industries. Shanghvi started Sun Pharmaceutical with Rs10,000 in 1982 with one psychiatry drug. In 2015, Sun became the largest drug company in India and fifth-largest in the world.
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