India has created several billionaires who now hold many positions on the list of the world's wealthiest people.
India has created several billionaires who now hold many positions on the list of the world’s wealthiest people.
Wealth does not remain static, especially in today’s volatile business situation. India has created several billionaires who now hold many positions on the list of the world’s wealthiest people.
- Mukesh Ambani – He is India’s wealthiest individual. Mukesh Ambani of Reliance Industries is ranked fifth on the list of the world’s wealthiest people. Mukesh Ambani has a $73.6 billion net worth. Much of Mukesh’s fortune stems from his father Dhirubhai Ambani’s petrochemicals and oil and gas companies, though Mukesh is changing his focus to more consumer-facing areas like telecom and retail. Reliance Jio is one of India’s major telecom networks today, having secured more than $20 billion in recent months, and the next round of funding will be for retail.
- Gautam Adani – According to the most recent Forbes data, his net worth is $56.2 billion. He is India’s second most expensive individual also lists 22 on the world’s most expensive list. Aside from Mundra Port, India’s most comprehensive, his wealth-generating assets include commodities, electricity production, renewable power (such as solar farms), and transmission, to mention a few.
- He is the third richest person in India, with an estimated net worth of $24.7 billion. HCL Technologies, which he established, has a market value of () 274826 crore and is one of today’s world’s top software services exporters. With global proximity in over 45 countries, HCL Technologies propels Shiv Nadar to the 68th point on the record of the world’s wealthiest personalities.
- Lakshmi Mittal – Sunil Mittal, the Chairman, and CEO of Arcelor Mittal, has a net worth of $17.8 billion and is India’s fourth-richest person. His net worth places him 104th on the list of the world’s wealthiest people. He is well-known for transforming failing steel-producing firms into thriving operations all around the world. He most recently acquired India’s insolvent Essar Steel, which the Ruia family owned.
- Uday Kotak – Uday Kotak, the founder of Kotak Mahindra Bank, is ranked fifth on India’s wealthiest people. Kotak ranks 136th on the world’s richest people, with a net worth of $14.6 billion.