In this fluctuating economic scenario of today’s India, wealth is a dynamic factor. Someday a businessman is among the top 10 wealthiest billionaires in India.
On the other hand, it would not be very unconventional if under some financial circumstances that particular person does not remain static to his wealth or does not keep up his position among the top wealthiest billionaires in India.
According to the data received on July 22 in 2020 the top 10 richest people in India are as follows.
1. Mukesh Ambani
Mukesh Ambani is the number one individual leading the list of top 10 richest billionaires in India. This owner of Reliance Industry has gained the title of the world’s fifth-richest person list.
The net worth of Mukesh Ambani is $75.5 billion. Petrochemicals, oil and gas businesses built by Dhirubhai Ambani have a greater effect in the wealthy position that Mukesh Ambani currently leads in.
Furthermore, Mukesh Ambani has led the legacy of his father by getting involved with consumer faced businesses like telecom and retail industry. He kept his father’s track on by being one of the renowned billionaires in India.
Standing in 2020 Reliance is one of the biggest telecom companies over India. Reliance has raised $20 billion in the starting months of this year.
2. Shiv Nadar
Shiv Nadar is the second richest person in India, having a net worth of $16.5 billion. Shiv Nadar is the founder of HCL Technologies which has a market value of $23 billion.
HCL is one of the biggest software companies in the tech world having its offices in more than forty-five countries. Shiv Nadar is proclaimed to be the 91st richest person over the globe. Shiv Nadar is also known as the biggest tech tycoon of India.
3. Radhakishan Damani & Family
Having a net worth of $15.1 billion, Radhakrishnan Damani has successfully occupied the third position of the list of top 10 wealthiest billionaires in India. According to the latest report, Radhakishan Damani has the 110th position in the rich list of the world. Basically, Radhakishan Damani is a veteran Mumbai stock market investor.
Moreover, he is the CEO of D Mart, the supermarket chain. This supermarket chain named D Mart was established in 2017. Afterwards, D Mart became the world’s most popular and value retail chain for its different model that led the company to be more profitable than any other retail chain and supermarket. The famous model of value for money has given D Mart a benefit to grow in their industry.
4. Gautam Adani
Gautam Adani is the fourth richest person among India and worldwide he has occupied the rank of 139th in the list of richest billionaires in the world. The generation of his economical portfolio comes from Mundra port, which is India’s largest power generation commodity.
The power generation industry that works regarding renewable energy like forms work with solar farms has greater involvement in the generation of Gautam Adani wealth.
5. Cyrus Poonawalla
By having a net worth of $11.8 billion, Cyrus Poonawalla is the 5th person in the list of top wealthiest billionaires in India. Cyrus Poonawalla is the CEO of Serum Institute of India. Serum Institute of India was made back in the 1960s but in today’s market, it is among the top producers of vaccines in India.
Moreover, it has produced vaccines for influenza and polio in the past and now is setting their operations up for developing vaccines for coronavirus and COVID-19 pandemic. Apart from producing vaccines, the Serum Institute of India has led various researches in this field that has a long way to go in future.
Cyrus Poonawalla has occupied the 150th position of the richest people in the world due to the stock value of Serum Institute of India.
6. Uday Kotak
Uday Kotak is the CEO of Kotak Mahindra Bank. Having a net worth of $11.5 billion, he is the sixth person of the top 10 richest people in India.
In the world’s richest person list, he has occupied the 155th position.
7. Sunil Mittal & Family
Founder of Bharti Airtel Sunil Mittal and his family have a brand value of $11 billion. Sunil Mittal & Family is positioned the seventh place in top wealthiest person in India. Bharti Airtel, the company founded by Sunil Mittal and family is the world’s prominent mobile phone operator based in India along with Africa. In the world’s richest person list, Sunil Mittal & Family has occupied 165th position.
8. Lakshmi Mittal
The eighth richest person in India, Lakshmi Mittal is the Chairman and founder of ArcelorMittal. The brand value of Lakshmi Mittal and his company is $9.4 billion. He has turned a sick steel production company into a profitable organization worldwide.
In the recent economic year, he has backed bankrupt Essar Steel based in India which was previously organised and owned by the Ruia family.
9. Kumar Birla
Having a net worth of $8.5 billion, Kumar Birla has occupied the 219th position in the world’s richest person list. He is the chairman of Aditya Birla Group; this group of the industry is recently released by the fourth generation of the ancestral business.
Kumar Birla is the 9th richest person in India. The main operation of the Aditya Birla Group is to produce cement and Aluminum belonging to the retail industry. Moreover, Aditya Birla Group has its operations over telecom as well as the financial service industry.
10. Dilip Shanghvi
The tenth person of the top wealthiest person in India is Dilip Shanghvi. Standing in the recent year the net worth of Dilip Shanghvi is $8 billion. Dilip Shanghvi is the CEO of Sun Pharma, the brilliance of turning this firm into the largest manufacturing unit of generic drugs goes to the CEO himself.
His further investments belong in the energy and oil industry. On the world’s richest person list, he ranked 240th position.
The list of richest billionaires in India or the top richest person in the world keeps changing from time to time. This is the current list of top Indian wealthiest billionaires as per the report of July 2020. It may get updated when you’ll be reading this sometime later.