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Mukesh Ambani, who controls Reliance Industries, the energy to telecom giant, is at number two with USD88 billion, down 5per cent from last year. Between them, Adani and Ambani now account for 30per cent of the total wealth of India’s 100 richest. Ii.Radhakishan Damani of DMart chain of supermarkets has ranked 3rd on the list with a net worth of USD 27.6 billion(His net worth has declined by 6% compared to 2021). On the list, the oldest billionaires are the chairman of Shree Cement Benu Gopal Bangur, founder of Sonalika Group Lachhman Das Mittal, and Kushal Pal Singh of DLF. Mukesh Ambani who was the richest person in India since 2013 has lost the title to Gautam Adani recently. Shiv Nadar has a net worth of Rs 172,834.97 crore and is the chairman emeritus of HCL Technologies.

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Premji is renowned for his charitable work through the Azim Premji Foundation. The who are the top 100 richest in the world Group is a collection of 40 businesses owned by the Bajaj family. Jamnalal Bajaj founded the 96-year-old, family-run company in Mumbai in 1926. The family’s flagship business, Bajaj Auto, is ranked as the fourth-largest two- and three-wheeler manufacturer in the world with a net worth of Rs 117,915.45 crore.

HCL founder Shiv Nadar most generous person; Premji slips to second position: Hurun India Philanthropy List 2022

Another year of bumper profits from Covid-19 vaccines pushed up vaccine baron Cyrus Poonawalla to fourth place with a fortune of $21.5 billion. Ravi Modi is the founder of Vedant Fashion, which owns multiple fashion outlets including Manyawar. He is one of the largest manufacturers of Indian ethnic wear in the world, and his total net worth stands at USD 3.8 billion, as per Forbes. The country’s retailing king, Radhakishan Damani, who owns the DMart supermarket chain, broke into the top three for the first time though his net worth declined 6per cent to USD27.6 billion. I.Out of the 100 richest on the list, 60 billionaires witnessed a wealth decline in 2022, only 27 have recorded an increase in wealth in 2022.

The Top Ten Richest People In The World – Forbes

The Top Ten Richest People In The World.

Posted: Wed, 01 Mar 2023 13:30:00 GMT [source]

Chairman & CEO of RIL Mukesh Ambani has a net worth of Rs. 710,723.26 billion. His net worth is currently $88 billion, a 5% decrease from the previous year. Worth $15.2 billion or Rs 122,761.29 crore, Srichand, Gopichand, Prakash, and Ashok Hinduja control the Hinduja Group started by Parmanand Deepchand Hinduja in 1914. Follow the latest breaking news and developments from India and around the world with Hindustan Times’ newsdesk. From politics and policies to the economy and the environment, from local issues to national events and global affairs, we’ve got you covered. Most of these billionaires work in the tech industry, with the exception of Bernard Arnault and Warren Buffett.

The family owns a network of 40 companies under the Bajaj Group and is worth Rs 117,915.45 crore. She is followed by Alice Walton, the only daughter of Walmart founder Sam Walton, at 16th rank with a networth of R70.7 billion. Julia Koch, who inherited her fortune from her husband David Koch, and Jeff Bezos’ ex-wife MacKenzie Scott are also part of the top 30 richest in the world. India is now home to seven of the 100 richest people in the world. The Forbes statement released last week said a weaker rupee impacted the majority of the richest but that was offset by Gautam Adani’s record gain, which made him the new number one on the list. Combined wealth of India’s 100 richest on Forbes list rises to USD…

Current Affairs 2 March 2023

Iv.According to the list, with a net worth of USD 16.4 billion, Savitri Jindal, Chairperson of the OP Jindal Group becomes India’s richest woman. The combined wealth of India’s 100 richest is at USD 800 billion, this total wealth has increased by USD 25 billion compared to 2021. The net worth of Gautam Adani and Mukesh Ambani accounts for 30% of the total wealth of India’s 100 richest. He quit the stock market in 2000 to start his own hypermarket chain, DMart, setting up the first store in Powai in 2002. The chain had 25 stores in 2010, post-which the company grew rapidly and went public in 2017. The only other woman in the top 10 list who is a billionaire and an elected official is Savitri Jindal, the chairperson emeritus of the O.P.

  • Following Adani on the list is Reliance Industries chairman Mukesh Ambani with a net worth of $88 billion or Rs 710,723.26 crore, down 5 percent from last year.
  • Sanghvi is the founder of Sun Pharmaceuticals and has a net worth of Rs 125,184.21 crore.
  • The company’s owners, brothers Abhay and Amar Vakil, passed away in 2021.
  • Savitri Jindal – the chairperson of the OP Jindal Group – is the richest woman in the country with a worth of $16.4 billion, according to Forbes.

Premium As per https://1investing.in/ India data, the top 10 richest are worth a cumulative $385 billion. The chairman of the textiles-to-cement conglomerate Aditya Birla Group has a net worth of $15 billion or Rs 121,146.01 crore. Srichand, Gopichand, Prakash, and Ashok Hinduja control the Hinduja Group, which was founded by Parmanand Deepchand Hinduja in 1914 and is worth $15.2 billion or Rs 122,761.29 crore. Sun Pharmaceuticals’ founder’s son Dilip Sanghvi is worth $15.5 billion or 125,184.21 crores. The global economy may be slowing, but India’s wealthiest have become even wealthier this year.

India’s 100 Richest 2022:

Notable among the drop-offs was Vijay Shekhar Sharma, who saw shares of his One97 Communications, the parent company of fintech Paytm, fall amid the global tech rout. The cutoff for the top 100 was $1.9 billion, almost the same as last year’s $1.94 billion. Among the four returnees is Anand Mahindra, whose Mahindra & Mahindra created a buzz by launching an electric SUV. The gainers were outnumbered by the majority—60 in all—who saw their wealth decline from a year ago. The list can also be found in the October issue of Forbes Asia and the November issue of Forbes India. India’s post-pandemic demand revival powered its economy to become the fifth-largest in the world, surpassing the U.K.

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Lakshmi Mittal serves as chairman of $76.6 billion ArcelorMittal, the world’s largest steel and mining company by output. He started Mittal Steel and merged the company with France’s Arcelor in 2006.In January 2021, Mittal ceded the CEO’s position to his son, Aditya Mittal, but remains executive chairman of ArcelorMittal. Son of a horse breeder, Cyrus Poonawalla founded Serum Institute of India in 1966 and built it into the world’s largest vaccine maker in terms of doses, Forbes stated.

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Sam Bankman-Fried, who is also known by his initials SBF, is the youngest billionaire in the top 100 richest list. He is the founder and chief executive officer of US-based cryptocurrency exchange FTX. The 30-year-old currently sits on the 61st rank with a networth of $24 billion.

He is a Hong Kong-based business magnate, investor and philanthropist. He has co founded property developer Sun Hung Kai with Kwok Tak-Seng.He is currently the 41st richest person in the world with a networth of $33.1 billion. Do you know what the worth of the top 10 richest people in India is? Do you know the net increase in their wealth this year?

emeritus of hcl

Jamnalal Bajaj founded the 96-year-old family-run business in Mumbai in 1926. Elon Musk is the richest person in the world with a net worth of $250 billion. Gautam Adani is the second richest man in Asia and India.

Forbes List of India’s 100 Richest who got Richer in 2022

While this ‘patriotic’ group is growing, not every super-rich person, of course, agrees with their Robin Hood line of thinking. HCL founder Shiv Nadar on Thursday was named as the most generous person in the country with an annual donation of Rs 1,161 crore, the EdelGive Hurun India Philanthropy List 2022 revealed on Thursday. Nadar, 77, has reclaimed the ‘India’s most generous’ title with a donation of Rs 3 crore per day, according to the report. Jindal Group and the only woman billionaire and active politician in the top 10 list.

  • According to World Richest Man 2023 Today, Elon Musk’s SpaceX-owned rocket company is estimated to be worth around $100 billion.
  • Gautam Adani has also invested his wealth in many other sectors like energy industry, aerospace industry, logistics sector, agriculture sector etc.
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  • The top 10 richest people currently have a combined net worth of $385.2 billion, up 15.1% from 2021, according to data from Forbes.

Their largest asset is an 18.4% ownership stake in Tata Sons. The O.P. Jindal Group’s Chairperson Emeritus is Savitri Jindal. Additionally, she is the only billionaire woman and working politician among the top 10. A staggering $800 billion was added to the wealth of India’s top 100 people this year. Jindal Group, whose interests include steel, power, cement and infrastructure, is chaired by Savitri Jindal, widow of founder Om Prakash Jindal.

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The worth of top 10 richest in the country is $385 billion. The cumulative wealth of India’s 100 richest persons in 2022 has reached USD 800 billion. Gautam Adani, chairman of Adani Group is the richest person on the list, with a net worth of $150 billion (Rs 1,211,460.11 crore).