The economy and all major events taking place around the world were destroyed in less than a month after the pandemic struck. During the battle against the novel coronavirus, the world experienced its worst humanitarian crisis.
While administrations sweated and slaved in times of emergency, the people observed the largest lockdown, a large number of deaths, millions of businesses closed down, jobs lost, a worldwide food crisis, and so on. Despite the ongoing global coronavirus pandemic, billionaires’ total wealth soared by 32 % to $14.7 trillion.
According to the most recent Hurun report, India currently has 209 billionaires, with 177 of them residing in the country. The Hurun Global Rich List says, there are 3,228 billionaires in the country.
The top ten billionaires in India are listed below.
With a net worth of $83 billion, the Chairman of Reliance Industries Limited Mukesh Ambani has surpassed Zhong Shanshan as the richest Asian in February.
Renowned capitalist and businessman Gautam Adani has seen the greatest rise in fortune among the world’s richest competitors in recent months. He is currently running Adani Enterprises Ltd., Adani Ports and Special Economic Zone Ltd., and Adani Airport Holdings Ltd., among others successfully and has a net worth of $32 billion.
Billionaire industrialist Shiv Nadar founded and chairs HCL technologies which he found in the mid 1970s and turned from an IT hardware business to an IT enterprise service provider. He is worth $27 billion.
India’s steel magnate, Mittal is the chairman and CEO of Arcelor Mittal, the world’s largest steelmaking firm, Mittal holds 38% of Arcelor Mittal which equates to his $19 billion total revenue.
Cyrus Poonawalla, the owner of Serum Institute of India, the world’s largest vaccine company is worth $18.5 billion. The company is currently manufacturing the Oxford-AstraZeneca vaccine exclusively.
Ashok P. Hinduja, chairman and Gopichand Hinduja, group co-chairman of Hinduja Group of Companies-India at Hinduja Group Limited, form one of the world’s wealthiest families, with the Hinduja Group accounting for the majority of their fortune, with investments in different sectors such as finance, energy, healthcare, and media in nearly 40 countries. The Hinduja Brothers have a total revenue of $18 billion.
The journey from 1985 to 2021 has been so commendable and dynamic for Uday Kotak that he is currently holding the position of the world’s richest banker with a $15 billion net worth.
He established a finance company, which he later converted into a bank in 2003. KotakMahindra Bank is also one of India’s top four private sector banks, thanks to its 2014 purchase of ING Bank’s Indian operations.
DMart, an Indian hypermarket chain, was launched by Indian billionaire and investor Radhakishan Damini who now holds $14.5 net property.
Bright Star Investments Limited, his investment company, also oversees his portfolio.
Jay Chaudhry launched a cybersecurity firm Zscaler of which his family owns about 45%, presently valued at $28 billion. He has a net worth of $13 billion.
Shanghvi’s story will remind you of those success stories that start from nothing and mounts to success overnight. Shangvi founded Sun Pharmaceutical Company in 1982 with a meager sum of Rs10,000 with one psychiatric drug and later the company became the largest pharmaceutical company in India and the fifth largest in the world in 2015.