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Top 10 Richest People in India 2017


India is a land of diversity. Diversity in race, caste, gender and wealth. There are people here which cannot afford a single day’s meal and on the other hand there are those that have such wealth to even sustain their coming 3 to 4 generations.

Here is the list of some richest people in India as ranked by Forbes in 2017:-

  1. Mukesh Dhirubhai Ambani has once again topped the list of richest man in India with a net worth of $38 billion. Mukesh Dhirubhai Ambani (born 19 April 1957) is an Indian business magnate who is the chairman, managing director and largest shareholder of Reliance Industries Limited (RIL), a Fortune Global 500 company and India's most valuable company by market value. He holds a 44.7% stake in the company. RIL deals mainly in refining, petrochemicals, and in the oil and gas sectors. Reliance Retail Ltd., another subsidiary, is the largest retailer in India.

  2. The founder of Sun Pharmaceuticals, Dilip Shanghvi, bags second position on the list. He has a net worth of $17.7 billion. The Government of India awarded him the civilian honour of the Padma Shri in 2016. India Today magazine ranked him #8th in India's 50 Most powerful people of 2017 list. Sun Pharmaceuticals has become a market leader in many sectors such as cardiology, gastroenterology, nephrology, neurology, ophthalmology, orthopedics and psychiatry.

  3. The chairman of Wipro has bagged 3rd position in the list of richest people in India. His net worth is $16.5 billion. He is informally known as the Czar of the Indian IT Industry. He was responsible for guiding Wipro through four decades of diversification and growth to finally emerge as one of the global leaders in the software industry. Premji owns 73% percent of Wipro and also owns a private equity fund, PremjiInvest, which manages his $2 billion worth of personal portfolio.

  4. Founder and chairman of HCL and Shiv Nadar Foundation, Shiv Nadar scores a 4th position on the list with a net worth of $12.9 billion. In 2008, Nadar was awarded Padma Bhushan for his efforts in the IT industry. He and his group of colleagues founded HCL in 1976, with an investment of Rs. 187,000. He is also the founder of SSN College of Engineering in Chennai.

  5. Chairman & CEO of ArcelorMittal, Owner of Karrick Limited, Co-owner of Queens Park Rangers F.C, Lakshmi Mittal, the King of Steel bags a 5th position in the Forbes list of India’s richest people. He owns 38% of ArcelorMittal and holds an 11% stake in Queens Park Rangers F.C. He has a net worth of $11.2 billion. The wedding of Vanisha Mittal daughter of Lakshmi Mittal is recorded as the second most expensive wedding in history.

  6. Uday Kotak (born 15 March 1959) is an Indian banker; the executive vice chairman and managing director of Kotak Mahindra Bank. He has bagged 6th position in the top richest men in India. Kotak is a member of the Government of India’s High Level Committee on Financing Infrastructure, the Primary Market Advisory Committee of the Securities & Exchange Board of India, Member of the Board of Governors of the National Institute of Securities Markets and ICRIER.

  7. The chairman of Poonawalla Group, the Indian Business Tycoon, Cyrus Poonawalla has bagged a 7th position in the list of richest man in India. His net worth is $8.5 billion. Famous for manufacturing Pediatric vaccines, the Poonawalla group is one of the most influential business group in India. He founded the Serum Institute India in 1966. They produce 1.3 billion doses of vaccines annually for measles, polio and flu.

  8. Founder of Adani Group, Gautam Adani has bagged a position in the eighth row of India’s top 10 richest men. He has a net worth of $8 billion. The Adani group deals with coal trading, coal mining, oil & gas exploration, ports, logistics, power generation, agriculture, edible oils, transmission and gas distribution.

  9. Telecom tycoon Sunil Mittal's Bharti Airtel is India's largest mobile phone operator with close to 380 million customers. As of now, he has a net worth of $7.9 billion bagging him a 9th position in India’s richest men. Mittal also owns Airtel Payments Bank, a niche bank, in a joint venture with Kotak Mahindra Bank, controlled by fellow billionaire Uday Kotak.

  10. Acharya Balkrishna is the managing director and primary stakeholder of Patanjali Ayurved. He is a close aide of yoga guru, Baba Ramdev, with whom he founded the company in 2006. He bags 10th position on the richest men list in India. He has a net worth of $6.3 billion. The Patanjali group claimed that he rediscovered Sanjeevani Booti, a herb which is believed to have the power to cure any malady and was believed to save the life of Lakshmana in the epic Ramayana.

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Top 10 Richest People in India 2017

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