The Top 10 Richest Indians on Forbes India Rich List 2017: Wealth, Impact and Vision
The Forbes India Rich List for 2017 showcases India's most affluent and influential business tycoons. This year, the list revealed that Mukesh Ambani, chairman of Reliance Industries, remained the wealthiest individual for the tenth consecutive year, with a net worth of $38 billion. His net worth surged by $15.3 billion, making him one of Asia's top five richest individuals. This immense increase solidifies his prominence in the ranks of India's elite business magnates. Here are the top 10 richest Indians listed, along with their respective companies, net worth, and notable achievements.
Mukesh Ambani
Net Worth: $38 billion
Company: Reliance Industries
Age: 60
Mukesh Ambani remains the wealthiest individual in India, a position he has held for the tenth year in a row. His wealth increase of $6.7 billion last year not only made him a notable figure on the list but also emblemized his significant impact on the Indian economy and business landscape. Reliance Industries, under his leadership, has grown to be one of the most prominent and influential companies in India, encompassing a wide range of sectors from energy and petrochemicals to telecommunication and retail.
Azim Premji
Net Worth: $19 billion
Company: Wipro
Age: 72
Azim Premji, chairman of Wipro, ranks second on the list with a net worth of $19 billion. Azim Premji, under whose stewardship Wipro and its sister companies have thrived, is recognized for his strategic vision and innovation. His wealth represents not only his individual success but also the company's accomplishments in the technology and software services industry, making it a global leader.
Hinduja Brothers
Net Worth: $18.4 billion
Company: Ashok Leyland
Age: 81, 76, 71, 66
James and Rahul Hinduja, alongside their siblings, have succeeded in making Ashok Leyland one of the leading commercial vehicles manufacturers in India. Their collective net worth of $18.4 billion underscores their astute business sense and leadership in the vehicle manufacturing industry. The Hinduja brothers are noted for their strategic expansions and innovative manufacturing practices.
Lakshmi Mittal
Net Worth: $16.5 billion
Company: ArcelorMittal
Age: 67
Lakshmi Mittal, the CEO of ArcelorMittal, ranks fourth on the list with a net worth of $16.5 billion. Mittal is recognized for his leadership in the diverse metals and mining industry, from steel production to diversified investments. His net worth increase reflects the success and expansion of ArcelorMittal, a company that continues to shape the global steel industry.
Pallonji Mistry
Net Worth: $16 billion
Company: Shapoorji Pallonji Group
Age: 88
Pallonji Mistry, chairman of the Shapoorji Pallonji Group, is the fifth richest individual on the list with a net worth of $16 billion. His wealth is a testament to his long-standing influence and leadership in the construction and infrastructure sectors. Shapoorji Pallonji Group has been at the forefront of several high-profile projects, contributing significantly to the urbanization and development of India.
Godrej Family
Net Worth: $14.2 billion
Company: Godrej Group
Age: N/A
The Godrej family, led by Adi Godrej, maintains a net worth of $14.2 billion. The Godrej Group, a major player in consumer goods, hospitality, and infrastructure, is known for its innovation and commitment to sustainable practices. Their influence extends beyond commerce, making a significant impact on the quality of life for millions.
Shiv Nadar
Net Worth: $13.6 billion
Company: HCL Technologies
Age: 72
Shiv Nadar, chairman of HCL Technologies, is the seventh richest individual on the list. His net worth of $13.6 billion is a reflection of HCL Technologies' growth and success in the software and IT services sector. Nadar's vision has driven HCL Technologies to become a leading provider of global solutions and services, contributing to India's tech industry.
Kumar Birla
Net Worth: $12.6 billion
Company: Aditya Birla Group
Age: 50
Kumar Birla, chairman of the Aditya Birla Group, ranks eighth on the list with a net worth of $12.6 billion. Birla's leadership has been instrumental in expanding the Aditya Birla Group across various sectors, including textiles, telecom, and cement. This diversification has led to the group's substantial growth and dominance in India's business arena.
Dilip Shanghvi
Net Worth: $12.1 billion
Company: Sun Pharmaceutical Industries
Age: 61
Dilip Shanghvi, chairman of Sun Pharmaceutical Industries, is the ninth richest individual on the list. His net worth of $12.1 billion reflects the success of Shanghvi's entrepreneurial vision and strategic management. Sun Pharmaceutical Industries has become a global pharmaceutical company, contributing significantly to healthcare and the well-being of patients.
Gautam Adani
Net Worth: $11 billion
Company: Adani Group (Adani Ports and SEZ)
Age: 55
Gautam Adani, chairman of Adani Group, completes the top 10 with a net worth of $11 billion. Adani's company, primarily focused on ports and the energy sector, has rapidly expanded to become a major player in India's infrastructure development. Adani's vision and strategic decisions have propelled his company towards becoming one of the largest conglomerates in India.
To view the full list of India's richest in the 2017 Forbes list, you can click here.