India’s wealthiest elites have been spotlighted in the latest Forbes billionaires list for 2024, showing their further increasing wealth while growing the empire of their businesses; not only in India but also overseeing the growth abroad as well. Let’s take a deepest plunge in the top 10 names on the list and why they seem to be different from the other typical billionaires.
The uttermost one is Mukesh Ambani, a chancellor of Reliance Industries. His fortune was amassed to the gargantuan overall amount of $116 bln in assets, rising $33 bln compared to the previous year. It means, Ambani is counted as the first Asian ever to make his way to the $100 billion club that is usually the territory of the most powerful businessmen around the globe. And all these sectors of RIL that include green energy, retail and telecom are at present in a phenomenal rise of growth. Ambani has moved on in his mission into aviation sector now with an offer to spin up a new low-cost airline.
Second on this list is Gautam Adani, chairman of the Adani Group , a conglomerate of businesses. Adani the owner of $84 billion heightened his status as the second richest man in India by winning $36.8 billion in the recent past. In expanding from data centers to cement to media, among other sectors that make up his ports-to-power empire, he has been very rude. Adani is also investing in the construction of the biggest CAPS system in Tamil Nadu. Not only have Ambani and Adani overtaken some global tech giants in the Forbes rankings but they also did it first by ‘making India proud’ of such remarkable achievement.
The one that takes the third place is Shivram Nadar, who winged HCL Technologies as a startup project in the 1970s. Nadar,the man who built the global tech brand ‘HCL’ with almost $11 billion as its revenues. Net Worth of $36.9 billion earned by him makes him the richest Indian phenomenal among the other self-made entrepreneurs. Nadar, although aged 76 now, still advises the company in the field of strategy, and he is still known for his time-tested vision which he used for long term goals of the company.
The most glorious woman among all women is Savitri Jindal, the chairperson of OP Jindal Group. Her net worth is 33.5 billion Dollars, which ranks her at the fourth position on the list. Her enterprises operate steel, power, and infrastructure. Jindal moreover revealed the jump in her wealth to be $6.8 billion over the past 12 months only. With the entire of the Indian subcontinent under her credit, she surpasses all the other women by a huge margin. Her stewardship has, however, enabled the transformation of the company into a giant.
Number five is pharmaceutical mogul Dilip Shanghvi that is the managing director of Sun Pharmaceuticals which is a company producing drugs. In addition to being the richest man in India with a net worth of $26.7 billion, Shanghvi has also taken Sun Pharmaceutical Industries through its rise to become the one of the world’s largest specialty generic drug makers. On the other hand, he is simultaneously leading the innovation towards the medical devices and hospital chains of India. In the past year, Fortune’s wealth grew $2.2 billion through the either global or domestic extension of Sun.
Number six on this list is Dr. Cyrus Poonawalla, chairman of the Poonawalla Group which owns Serum Institute of India, also one of the largest vaccination making companies in the world. On the Forbes list of richest people, the net worth of Poonawalla stands at the figure of $21.3 billion, up $5.3 billion on the year. This pandemic situation was no other than a big challenge for the entire world. Mr Adar showed how efficient the company could be as it contributed to vaccine production and played a crucial role in India’s pandemic response. The company has diversified into other bio-tech areas which includes cancer, just to mention but a few.
DLF; Birla Group; Venmugial Birla; Avenue Supermart; ArcelorMittal; Mittal Steel Company and Kushal Pal Singh complete the top four positions in the billionaires list respectively. All of them with their fortune siling them through the profits they made from their corners across real estate, metals, retail and other sectors.
