Despite challenges with COVID-19 in India and around the world, the stock market has scaled new highs. The total number of Indian billionaires rose from 102 to 140. Their combined wealth has nearly doubled to $596 billion.
Mukesh Ambani, Kumar Birla, Sunil Mittal
See below the Top 10 richest people in India
#1 Mukesh Ambani
Mukesh Ambani has net worth of $85 billion. Mukesh Dhirubhai Ambani is the chairman, managing director, and largest shareholder of Reliance Industries Ltd. RIL is a Fortune Global 500 company and India’s most valuable company by market value.
Ambani attended the Hill Grange High School at Peddar Road, Mumbai, and studied at the St. Xavier’s College, Mumbai. He then received a BE degree in chemical engineering from the Institute of Chemical Technology. Ambani later enrolled for an MBA at Stanford University, but withdrew in 1980 to help his father build Reliance.
#2 Gautam Adani
Gautam Adani has net worth of $50 billion.
Gautam Shantilal Adani is the chairman and founder of the Adani Group. The Group is an Ahmedabad-based multinational conglomerate involved in port development and operations in India. Adani is the president of the Adani Foundation, which is primarily led by his wife, Priti Adani.
He was educated at Sheth Chimanlal Nagindas Vidyalaya school in Ahmedabad. He enrolled for a bachelor’s degree in commerce at Gujarat University, but dropped out after the second year.
#3 Shiv Nadar
Shiv Nadar has net worth of $24 billion . He is the founder and chairman Emeritus of HCL Technologies Limited and the Shiv Nadar Foundation. Nadar founded HCL in the mid-1970s and transformed the IT hardware company into an IT enterprise over the next three decades by constantly reinventing his company’s focus.
Nadar studied at Town Higher Secondary School, Kumbakonam and Elango Corporation Higher Secondary School, Madurai, St. Joseph Boys Higher Secondary School, Trichy. Nadar received a pre-university degree in the American College, Madurai and a degree in Electrical and Electronics Engineering from PSG College of Technology, Coimbatore.
#4 RadhaKishan Damani
RK Damani has net worth of $17 billion. He is the businessman and the founder of DMart. He also manages his portfolio through his Investment firm, Bright Star Investments Limited. Damani was reportedly the largest individual shareholder of HDFC Bank after it went public in 1995.
#5 Uday Kotak
Uday Kotak has net worth of $16 billion. He is an Indian billionaire banker and the executive vice chairman and managing director of Kotak Mahindra Bank.
He earned a bachelor’s degree from Sydenham College and completed a postgraduate degree in management studies in 1982 from Jamnalal Bajaj Institute of Management Studies.
#6 Lakshmi Mittal
Lakshmi Mittal has net worth of $15 billion.
Lakshmi Niwas Mittal is an Indian steel magnate, based in the United Kingdom. He is the Executive Chairman of ArcelorMittal, the world’s largest steelmaking company. He graduated from St. Xavier’s College, affiliated to the University of Calcutta, with a B.Com degree in the first class.
#7 Kumar Birla
Kumar Birla has net worth of $13 billion. Kumar Mangalam Birla is an Indian billionaire industrialist, and the chairman of the Aditya Birla Group, one of the largest conglomerates in India. He is also the chancellor of the Birla Institute of Technology & Science, and the chairman of the Indian Institute of Technology Delhi and Indian Institute of Management Ahmedabad.
He did his high school from Sydenham College of Commerce and Economics and a bachelor’s degree from H.R. College of Commerce and Economics of the University of Mumbai. He later studied at London Business School and was awarded Master of Business Administration from University of London in 1992. He is also an honorary fellow at LBS. He is a chartered accountant from Institute of Chartered Accountants of India (ICAI).
#8 Cyrus Poonawalla
Cyrus Poonawalla has net worth of $13 billion. Cyrus Poonawalla is the chairman & managing director of the Cyrus Poonawalla Group, which includes the Serum Institute of India, an Indian biotech company which is the largest vaccine manufacturer in the world.
#9 Dilip Sanghvi
Dilip Sanghvi has net worth of $11 billion. He is the founder of Sun Pharma. Shanghvi earned a Bachelor of Commerce degree from the University of Calcutta.
#10 Sunil Mittal & Family
Sunil Mittal has net worth of $10.5 billion. Sunil Mittal is an Indian billionaire entrepreneur, philanthropist and the founder and chairperson of Bharti Enterprises, which has diversified interests in telecom, insurance, real estate, education, malls, hospitality, Agri and food besides other ventures.
He first joined the Wynberg Allen School in Mussoorie, but later attended Scindia School at Gwalior and he graduated in 1976 from Panjab University, Chandigarh, with a Bachelor of Arts and Science for which he studied in Arya College, Ludhiana.