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Top 10 Richest Person In India

2016-17 List Of Wealthiest Indian


Billionaires
1. Mukesh Ambani $22.7 Billion
Mukesh Ambani is back as
Richest Person in India. With
the net worth of $22 Billion, he
is firstin the list. Once he was
in the third position in World
with more than 40 Billion net
worth, but the decline in share
price of Reliance has hit him
hard and his wealth reduced to
half since then. Having said
that Mukesh Ambani is one of
the finest Business person in
India who inherited the
company from Legendary
Dhirubhai Ambani and took it
to new heights.
2. Dilip Shanghvi $16.9 Billion
Dilip Shanghvi is now the
second richest person in
India slipping
behindMukesh Ambani
who gets backon top
again. FounderofSun
Pharmaceutical Industries,
Most Valuable Indian Drug
Company. He is self-made
Billionaire and now top in
Rich List in India.
3. Azim Premji $15.2 Billion
Founder of Wipro Technologies,
one of the largest IT company in
India. Inherited an Edible Oil
company from his father with the
same name Wipro and turned it
into third largest Outsource
Company in India. He is 3rd
Richest Person in India and 48th
in the world.
4. Hinduja Brothers $15 Billion
90 Year Old company run by four
brothers together. Some of the big names
in Hinduja Group are Ashok Leland,
IndusInd Bank,Gulf Oil Corporation
Ltd,Hinduja Tech Limited. The company
has its presence in many countries and
almost everywhere they are profitable.
5.Pallonji Mistry $13.9 Billion

Pallonji Mistrys construction giant,


Shapoorji Pallonji Group, run by older
son Shapoor, is celebrating its 150th
anniversary this year. Its real estate arm
recently partnered with Standard
Chartered Private Equity, the
International Finance Corp. and the
Asian Development Bank in a $200
million venture to build 20,000
affordable homes. Mistrys biggest
source of wealth remains his 18.4%
stake in Tata Sons, the holding company
for the $109 billion (revenues) Tata
Group, chaired by younger son Cyrus.
6. Lakshmi Mittal $12.5
Billion
Another Billionaire whose net
worth has declined
significantly in last few years.
He is still 6th richest person
in India with net worth more
than 12 Billion. Last couple of
years had been rough for
Commodity market and his
Arcelor Mittal, the Steel
manufacturing company
reported net loss of $1 Billion
in 2014.
7. Godrej Family $12.4 Billion

118 Year old Consumer


Goods Conglomerate, runs
by Godrej Family. The
company is one of the
most trusted brands in
India. Nine member of the
family is busy in running
company which is chaired
by Adi Godrej.
8. Shiv Nadar $11.4 Billion

Shiv Nadar, the 7th Richest


Person in India, is the co-founder
of HCL group, a computer
software and hardware based
company in India. Its flagship
outfit HCL Technolgy is rising to
a new high with shares soaring
which helped him increase his
personalnetworth. He is another
Self Made Indian Billionaire.
9. Kumar Birla $7.8
Billion
Since he took the charge of Birla
group, company rose to new high.
Though he had some set back last
year with his name included in charge
sheet filed by CBI in Coal Scam case.
Hindalcos mining lease has been
cancelled but it did not stop Kumar
Birla from entering in the list of
Richest Person in India. Idea Cellular
is also the part of Birla group whose
revenue is increasing significantly.
10. Cyrus Poonawala
$8.6 Billion
Cyrus Poonawallas privately-
owned Serum Institute of India
is the worlds largest vaccine
producer making 1.3 billion
doses annually in its factory in
Pune. He rose from 295th
Richest in 2014 to 10th Richest
Person in India in 2016-17.

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