India’s Top 10 Richest People 2016

There are hundreds of billionaires around the globe and 61 of them belong to the 2nd most populous country in the world, India. Below is the list of top 10 most richest person in India 2016 which includes the names of business tycoon such as Mukesh Ambani, Lakshmi Mittal and Dilip Shangvi etc.

India’s Top 10 Richest People 2014

Mukesh Ambani:-

Mukesh Ambani

Mukesh Dhirubhai Ambani is an Indian business magnate who is the Chairman, Managing Director and largest shareholder of Reliance Industries Limited, a Fortune Global 500 company and India’s second most valuable company by market value.

  • Net Worth: $22.3 Billion
  • Born: April 19, 1957 (age 56), Aden, Yemen
  • Spouse: Nita Ambani (m. 1984)
  • Siblings: Anil Ambani, Nina Kothari, Deepti Salgaonka
  • Parents: Kokilaben Ambani, Dhirubhai Ambani
  • Children: Akash Ambani, Anant Ambani, Isha Ambani
  • Structures: Antilia

Lakshmi Mittal:-

Lakshmi Mittal

Lakshmi Niwas Mittal is a London-based Indian steel magnate. He is the chairman and CEO of ArcelorMittal, the world’s largest steelmaking company. His ArcelorMittal is still the world’s biggest steel company, but it is weighed down amid supply glut and heavy debts ($16 billion). Mittal put one of three houses he owns on London’s billionaires’ row up for sale.

  • Net Worth: $20.7 Billion
  • Born: June 15, 1950 (age 63), Rajgarh, India
  • Nationality: Indian
  • Spouse: Usha Mittal
  • Education: St. Xavier’s College, Calcutta (1969)
  • Children: Vanisha Mittal, Aditya Mittal
  • Awards: Padma Vibhushan

Azim Premji:-

Azim Premji

Azim Hashim Premji is an Indian business tycoon and philanthropist who is the chairman of Wipro Limited, guiding the company through four decades of diversification and growth to emerge as one of the Indian leaders in the software industry.

  • Net Worth: $15.9 Billion
  • Born: July 24, 1945 (age 68), Karachi
  • Spouse: Yasmeen Premji
  • Parents: M.H. Hasham Premji
  • Education: St. Mary’s School, Mumbai, Stanford University
  • Awards: Faraday Medal
  • Children: Rishad Premji, Tariq Premji

Savitri Jindal & family:-

Savitri Jindal & family

Once Asia’s richest woman Savitri Jindal’s fortune is down by close to $10 billion since 2010, amid continuing problems plaguing OP Jindal Group, founded by her late husband. Shares of Jindal Steel & Power, family’s biggest asset, tumbled when youngest son, Naveen, who runs it, got charged by the Central Bureau of Investigation in a coal mining scandal in June; he denied any wrongdoing. Company halted work in August at two power plants being built in eastern India at cost of $2 billion, following death threats from Maoist rebels. Son Sajjan reportedly plans to sell U.S. steel mill to reduce debt at JSW Steel.

  • Net Worth: $10.9 Billion
  • Born: March 20, 1950 (age 63), Tinsukia, India
  • Spouse: O. P. Jindal (m. ?–2005)
  • Children: Naveen Jindal, Sajjan Jindal, Ratan Jindal, Prithviraj Jindal
  • Age: 63
  • Source of Wealth: steel, inherited
  • Residence: Hisar, India
  • Country of Citizenship: India
  • Marital Status: Widowed
  • Children: 9

Sunil Mittal & family:-

Sunil Mittal & family

Sunil Bharti Mittal (born 23 October 1957) is an Indian entrepreneur, philanthropist and the founder, chairman and Group CEO of Bharti Enterprises, which has interests in telecom, retail, financial services, and agri business. The Group flagship Bharti Airtel, with operations in 20 countries across Asia and Africa and a customer base of over 275 million, is India’s largest telecom company and world’s fourth largest mobile operator. Bharti Airtel clocked revenues of over USD 14.5 billion in FY2013. In 2007, he was awarded the Padma Bhushan, India’s third highest civilian honor.

  • Net Worth: $8.1 Billion
  • Age: 56
  • Source of Wealth: telecom, self-made
  • Residence: New Delhi, India
  • Country of Citizenship: India
  • Education: Bachelor of Arts / Science, Punjab University
  • Marital Status: Married
  • Children: 3

Kumar Mangalam Birla:-

Kumar Mangalam Birla

Kumar Mangalam Birla is an Indian industrialist and the Chairman of the Aditya Birla Group, one of the largest conglomerate corporations in India. The groups is India’s third largest business house.

  • Net Worth: $8 Billion
  • Born: June 14, 1967 (age 46), India
  • Parents: Aditya Vikram Birla
  • Spouse: Neerja Birla
  • Awards: “Young Achiever Award”, more
  • Education: London Business School, University of Mumbai, H.R. College of Commerce and Economics

Anil Ambani:-

Anil Ambani

Anil Ambani is back in business with his older brother Mukesh (India’s richest person) 8 years after nasty split resulted in divvying up the family assets. In June his debt-laden telecom arm Reliance Communications struck a $2.1 billion deal to lease telecom towers to Mukesh’s Reliance Jio Infocomm, which is preparing to roll out 4G services. In August he and his wife, Tina, were summoned by a special court to depose as witnesses in a case involving the improper allocation of 2G telecom licenses; case is ongoing.

  • Net Worth: $7.8 Billion
  • Age: 54
  • Source of Wealth: diversified, inherited and growing
  • Residence: Mumbai, India
  • Country of Citizenship: India
  • Education: Bachelor of Arts / Science, University of Bombay; Master of Business Administration, University of Pennsylvania Wharton School
  • Marital Status: Married
  • Children: 2

Dilip Shanghvi:-

Dilip Shanghvi

Dilip Shanghvi is the founder and managing director of Sun Pharmaceutical Industries Limited. Sun Pharma was founded in 1983 and it is currently the second-largest drugmaker in India.

  • Net Worth: $7.4 Billion
  • Age: 58
  • Source of Wealth: pharmaceuticals, self-made
  • Residence: Mumbai, India
  • Country of Citizenship: India
  • Education: Bachelor of Arts / Science, Calcutta University
  • Marital Status: Married
  • Children: 2

Shashi & Ravi Ruia:-

Shashi & Ravi Ruia

Brothers Shashi and Ravi  Ruia’s $39 billion (revenues) Essar Group faced a setback recently when its Essar Steel got a rating downgrade to “default” status even as it was in midst of borrowing close to $1 billion. Brothers are investing $260 million of their own money in the steelmaker. Seeking to professionalize and beef up top ranks, they have hired senior executives in key positions lately. London-listed Essar Energy plans to sell its 49% stake in a Kenyan refinery it found unviable to upgrade. Brothers meanwhile are looking to unload one of their Delhi mansions for over $25 million.

  • Net Worth: $7 Billion
  • Source of Wealth: diversified, inherited and growing
  • Residence: Mumbai, India
  • Country of Citizenship: India

Kushal Pal Singh:-

Kushal Pal Singh

Kushal Pal Singh Teotia or K.P. Singh is an Indian real estate mogul and the chairman and CEO of DLF Limited, India’s largest real estate developer.

  • Net Worth: $6.4 Billion
  • Age: 82
  • Source of Wealth: real estate, inherited and growing
  • Residence: New Delhi, India
  • Country of Citizenship: India
  • Education: Bachelor of Arts / Science, Delhi University
  • Marital Status: Married
  • Children: 3

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