Top 10 Richest People in India 2017


India with trillion dollar economy is one of the most developing countries in the world. There are many industries and services that have gain recommendation from the around the globe. Here we are going to list the top 10 richest people with their main industrial base, their personal wealth and industry they cater to.

  1. Cyrus Poonawalla (8.6 billion) – Vaccine Industry

Born in 1945 Cyrus Poonawalla was born to the family which were famous for their horse racing business. They own several horse farms in the country side sub areas in India. His main business involvement is on the other hand is in Medicines with Biotech Company Serum Institute of India known for Paediatric vaccines. This company is the world’s largest vaccine producer in terms of doses produced for children’s specially. He has also received Padma Shri from Indian government for his work in the contribution of the in Medicine during 2005. He is the current chairman of Poonawalla Group owning multiple biotech company residing in India for continous research in the field of Medicine respectively.

  1. Kumar Birla (8.8 billion) – Commodities

Kumar Birla was born in one of the richest family in the year 1967 at Rajasthan with long list of wealthy businessman. Being part of the Aditya Birla Group, which is the biggest conglomerate group in India with multiple disciplines in businesses. He took over the reins at the ripe age of 28 years when his father passed leaving aside $2 Billion Empire. Since then he has turned Aditya Birla Group as one of the most comprehensive Business group with $40 Billions of entire worth. He has shown remarkable leadership skills for business management and holds many national & international awards. He is also the chancellor of BITS institutes, Chairman of IIT Delhi, Honorary Fellow of London Business School, Oxford University and Rhodes India Scholarship committee respectively.

  1. Shiv Nadar (11.4 billion) – Software Industry

Born in 1945 at Tamil Nadu, Shiv Nadar was a brilliant student right from the early age. He completed high school, graduation and took job in engineering but soon took the path of founding HCL technologies in the 1970 which has transformed the entire IT industry in India over three decades of successful results. He also founded SSN College of engineering in Chennai, Tamil Nadu in the remembrance of his father with foreign university tie up along with research and development for improving the status of Indian education. For his efforts and contribution to Indian Society government presented him with Padma Bhushan award in the  IT industry.

  1. Godrej Family (12.4 billion) – Godrej Group

One of the oldest family in India that have large share in multiple businesses across all states, Godrej Families business worth is staggering at $12.4 billion. Started in 1897 by Jagadeesh Sappa and his brother Pirojsha Burjorji Godrej, this conglomerate has business spanning in fields of consumer goods, products, real estate, appliances, security, industrial engineering as well as agricultural products. Adi Godrej, brother Nadir Godrej and Cousin Jamshyd Godrej are the main descendants currently running their family lineage. This company began their journey of business enterprise with selling locks to almost everything they own today worth billions.

  1. Lakshmi Mittal (12.5 billion) – Steel

Born in 1950 to prominent steel businessman Mohan Lal Mittal, Lakshmi Mittal is one of the most renowned Indian in the whole world. Once he stood as the 6th richest person in the whole world until his company worth declined his worth to 82nd. He currently holds the position of CEO and Chairman of ArcelorMittal which is the world’s largest steelmaking company. He started his business in Indonesia but now works predominantly in United Kingdom (UK) and United States of America (USA). He holds as member board of directors in global investment banking firm at Goldman Sachs and Airbus Group. He is part of Indian PM Global Advisory Council, Foreign investment Council in Kazakhstan, World Economic Forum Council, and Presidential International Advisory of Mozambique. Mittal Champion Trust is organisation dedicated to help and support Indian athletes who want to excel in sports at International level.

  1. Pallonji Mistry (13.9 billion) – Construction

Born in 1929 Pallonji Mistri, does his business in construction industry and  also holds Irish nationality with her wife. He is chairman of Shapoorji Pallonji Group, which is business conglomerate in India with business interests for real estate, textiles, home appliances, shipping, construction, goods, power and biotechnology. He also holds the highest percentage share of 18.4 % stake in Tata Sons which is the India’s largest private conglomerate (Tata Group). Shapoorji Group is known to have build famous building in Mumbai with Reserver Bank of India, Gridlay’s Bank, Hong Kong Bank and group also helped repair part of Taj Mahal hotel after 2008 terrorist attacks. For his lifelong contribution in the field of trade and industry, Pallonji Mistry was awarded the Padma Bhushan award in January 2016.

  1. Azim Premji (15 billion) – Software Services

Born in 1945, Azim Premji was the son Businessman Mohamed Premji- whose main operations was manufactured vegetables products in India. After his tragic death he resumed the same business for while by expanding into other engineering products. Almost 20 years later he laid the foundation of Wipro after recognising the importance of technology in coming times. He was rewarded with the four decades monopoly of IT industry with Wipro’s tremendous business growth. He has been listed as the most powerful men, 100 most influential people many times. He has also signed up with The Giving Pledge campaign which was started by Warren Buffet and Bill Gates for wealthy people commitment towards philanthropic causes.

  1. Hinduja Family (15.2 billion) – Hinduja Group

Hinduja Group is headed by four siblings of Parmanand Deepchand Hinduja who was businessman in India before independence. Then it moved to Iran in1919 and sons moved to London in 1979 with Srichand, Gopichand, Ashok and Prakash as the leading contender for Hinduja Groups in India. They have multimational businesses that range from bankings, lubricants, trucks and cable televisions. Ashok who is the youngest is the one heading business operations from Mumbai India while Srichand and Gopichand takes care of their business from London and Prakash is located in Geneva respectively. They also own valuable real estate in London to go with their large business worth.

  1. DIlip Shanghvi (16.9 billion) – Pharmaceuticals

Born in Small town of Amreli Gujarat, Dilip Shangvi is renowned name in the Pharmaceuticals Company. He graduated from Calcutta University with Bachelor of Commerce degree and joined his father drug company. With his savings from years he started his own company with the foundation of Sun Pharmaceuticals with another partner Pradeep Ghosh. His most wealth was contributed from the success of this company only which is the largest in India for Pharmaceuticals drugs. He also acquired medical drugs company in United States and Israel that are financially running quite high in terms of profit thereafter. In 2016 he was awarded the civilian honour of Padma Shri by Governement of India for his lifetime contributions in the industry respectively.

  1. Mukesh Ambani (22.7 billion) – PetroChemicals, Oil, Gas & Communication

Holding the numero uno position for continuously last 10 years in India is again, Mukesh Ambani. Elder son of the Dhirubhai Ambani, born in 1957 he is the managing director and chairman of the Reliance Industries Limited. Also known as RIL, which is fortune Global 500 Company and Mukesh Ambani holds 44.7% stakes in the company.  Reliance Communication is also one of the biggest brands in the Telecom industry. He resides in one of the most expensive residential building Antilla which is priced around 1 Billion dollars. He also owns the IPL franchise Mumbai Indians through his company Reliance. He has served as director member of Bank of America, Council of Foreign Relations as well as the chairman at IIM Bangalore prestige institute for business in India.