Top 10 Richest Man in India

Top 10 Richest Man in India

Forbes India released the Richest Man in India list. In this, Mukesh Ambani, the head of Reliance Industries, is the richest Indian for the 12th consecutive year, while Adani Group owner Gautam Adani has improved his ranking and moved to the second position.

According to the Forbes list Richest Person in India, Mukesh Ambani has assets worth $ 51.4 billion, and Jio's performance has been better than his wealth growth. This has resulted in an increase of $ 4.1 billion in its assets. However, Anil Ambani is out of this list.

Gautam Adani has become the second Richest Man of India among the veteran industrialists of the country. His total assets are $ 15.7 billion. While in third place is Hinduja Brothers, whose total assets are stated to be $ 15.6 billion. Palonji Mistry has made it to the fourth position and has assets of $ 15 billion, while the banker Uday Kotak at number five has a wealth of $ 14.8 billion.

However, the ongoing economic slowdown in the country has also affected these dhankubaras and the assets of more than half of the members of the list have seen a decline. Noted industrialist Azim Premji has slipped from second place to number 17. This fall is due to Premji donating his wealth. In March, he donated a large part of his wealth. Due to economic slowdown, the wealth of 100 Dhankubers of the country has declined by 8 percent.

The total wealth of the four Gujaratis is 7 lakh crores

The four Gujaratis, who topped the list of 100 richest Indians, have a net worth of $ 96.9 billion (Rs 7 lakh crore). Mukesh Ambani's father was a resident of Chorwad, Gujarat, who built a business from a refinery to telecom. Mukesh Ambani has increased his wealth by Rs 28,000 crore after entering the telecom business sector through Jio. Jio has 34 crore subscribers.

Richest Man of India

Adani's Increased Exposure to Airport, Data Centers

Gautam Adani, who runs his business empire from Ahmedabad has jumped eight places on the list this year. This increase in their wealth comes after the move to new areas such as airports and data centers.

Pallonji Mistry is Making Money from Tata Sons

Shapoorji Group's Pallonji Mistry, a resident of Gujarat, is fourth in the list with a net worth of $ 15 billion (Rs 1.05 lakh crore). Mistry may have settled in Ireland in 2003, but his roots are associated with Gujarat. He earns the most from a stake in Tata Sons, which controls the Tata Group's industries.

The Journey from Cotton to Banking

Uday Kotak, who hails from Lohana community in Gujarat, ranks fifth on the Uday Kotak list of Mahindra Bank, with a net worth of $ 14.8 billion (Rs 1.02 lakh crore). Uday Kotak, who belongs to a Gujarati family of cotton businesses started a financial firm in 1980, which is known today as Kotak Mahindra Bank.

Top 10 Richest Person in India

Six New Richest Man in the India

According to the Forbes Rich List 2019, 'The list has included six new faces this year, including Baiju Ravindran, founder of Baiju, a fast-growing tech company, Manohar Lal and Madhusudan Agarwal of Haldiram Snacks, Rajesh, owner of Bathroom Fittings Jaguar Brand Mehra.