India’s 10 Richest Billionaires 2021...

[dasari4kntr]

https://www.forbes.com/sites/naazneenkarmali/2021/04/06/indias-10-richest-billionaires-2021/?utm_source=TWITTER&utm_medium=social&utm_content=4704413455&utm_campaign=sprinklrForbesMainTwitter&sh=6405ad5559b7

 

Here are India's 10 richest people; net worths are as of March 5, 2021:

#1 | Mukesh Ambani

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NET WORTH: $84.5 BILLION

SOURCE OF WEALTH: DIVERSIFIED

RESIDENCE: MUMBAI

Amid the Covid-19 pandemic, Ambani accomplished a fund-raising feat, garnering $35 billion through a string of deals to achieve his target of reducing his flagship Reliance Industries’ net debt to zero by 2021. He also sold a third of telecom unit Jio to marquee investors such as Facebook and Google and offloaded 10% of Reliance Retail to private equity firms such as KKR and General Atlantic, plus concluded a $7.3 billion rights issue of Reliance shares.

 

#2 | Gautam Adani

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NET WORTH: $50.5 BILLION

SOURCE OF WEALTH: INFRASTRUCTURE

RESIDENCE: AHMEDABAD

Adani acquired a 74% stake in Mumbai International Airport, the country’s second-busiest, last September. He also sold 20% in his listed renewables firm, Adani Green Energy, to French energy giant Total for $2.5 billion.

 

#3 | Shiv Nadar

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NET WORTH: $23.5 BILLION

SOURCE OF WEALTH: SOFTWARE SERVICES

RESIDENCE: DELHI

The tech titan stepped down as chairman of $9.9 billion (revenues) HCL Technologies last July, handing over the position to his only daughter, Roshni Nadar Malhotra.

 

#4 | Radhakishan Damani

---

NET WORTH: $16.5 BILLION

SOURCE OF WEALTH: RETAIL, INVESTMENTS

RESIDENCE: MUMBAI

The low-profile retailing king’s listed supermarket chain Avenue Supermarts operates 221 DMart stores across the country. His brother Gopikishan is also a billionaire.

 

 

#5 | Uday Kotak

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NET WORTH: $15.9 BILLION

SOURCE OF WEALTH: BANKING

RESIDENCE: MUMBAI

India’s richest banker founded and runs Kotak Mahindra Bank, which is among the country’s top four in the private sector. Last June, Kotak sold shares worth $950 million to reduce his stake in the bank to 26% as mandated by the Reserve Bank of India.

 

#6 | Lakshmi Mittal

---

NET WORTH: $14.9 BILLION

SOURCE OF WEALTH: STEEL

RESIDENCE: LONDON

In February, Mittal stepped down as CEO of ArcelorMittal, the $53.3 billion (revenue) steel behemoth, ceding the spot to his son, Aditya. Mittal remains executive chairman of the company.

 

#7 | Kumar Birla

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NET WORTH: $12.8 BILLION

SOURCE OF WEALTH: COMMODITIES

RESIDENCE: MUMBAI

Fourth generation heir of a sprawling commodities empire, Birla’s expansion into telecom has cost him dearly. His Vodafone Idea, rebranded as Vi, a joint venture between his Idea Cellular and U.K.’s Vodafone Group, has been racking up losses battling Ambani’s Jio.

 

#8 | Cyrus Poonawalla

---

NET WORTH: $12.7 BILLION

SOURCE OF WEALTH: VACCINES

RESIDENCE: PUNE

Poonawalla’s Serum Institute of India, the world’s largest producer of vaccines by number of doses, is on the frontlines of India’s fight against Covid-19, with multiple vaccine partnerships orchestrated by his son Adar, Serum’s CEO. Adar also struck a deal this year to acquire a 60% stake in listed finance firm Magma Fincorp for $475 million.

 

 

#9 | Dilip Shanghvi

---

NET WORTH: $10.9 BILLION

SOURCE OF WEALTH: PHARMACEUTICALS

RESIDENCE: MUMBAI

Shanghvi, who founded and runs listed generics drug maker Sun Pharmaceuticals, returns to the top ten, thanks to a 68% jump in the company’s shares.

 

#10 | Sunil Mittal & family

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NET WORTH: $10.5 BILLION

SOURCE OF WEALTH: TELECOM

RESIDENCE: DELHI

His Bharti Airtel, a joint venture with Singapore’s Singtel, is India’s second-largest telecom operator after Ambani’s Jio. In January, Mittal’s son Kavin announced on Twitter that his SoftBank-backed start-up Hike, once considered as a rising unicorn and India’s answer to WhatsApp, had shut down its messaging service.

 

[csrcsr]

Where is @TOM_BHAYYA

[Somedude]

Okka Telugodu kooda leda?

[ShruteSastry]

[ZoomNaidu]

2 minutes ago, Somedude said:

Okka Telugodu kooda leda?

Unofficial ga Jaggad (1lakh crs ) & Baboru (2lakh crs) vunnaaru 

[RoadRomeo]

Hindi batch ani egathali chesevallu....randi db ki

 

[tokkalogola]

jagan anna kidar hein ??

[AryaD]

49 minutes ago, dasari4kntr said:

https://www.forbes.com/sites/naazneenkarmali/2021/04/06/indias-10-richest-billionaires-2021/?utm_source=TWITTER&utm_medium=social&utm_content=4704413455&utm_campaign=sprinklrForbesMainTwitter&sh=6405ad5559b7

 

Here are India's 10 richest people; net worths are as of March 5, 2021:

#1 | Mukesh Ambani

---

NET WORTH: $84.5 BILLION

SOURCE OF WEALTH: DIVERSIFIED

RESIDENCE: MUMBAI

Amid the Covid-19 pandemic, Ambani accomplished a fund-raising feat, garnering $35 billion through a string of deals to achieve his target of reducing his flagship Reliance Industries’ net debt to zero by 2021. He also sold a third of telecom unit Jio to marquee investors such as Facebook and Google and offloaded 10% of Reliance Retail to private equity firms such as KKR and General Atlantic, plus concluded a $7.3 billion rights issue of Reliance shares.

 

#2 | Gautam Adani

---

NET WORTH: $50.5 BILLION

SOURCE OF WEALTH: INFRASTRUCTURE

RESIDENCE: AHMEDABAD

Adani acquired a 74% stake in Mumbai International Airport, the country’s second-busiest, last September. He also sold 20% in his listed renewables firm, Adani Green Energy, to French energy giant Total for $2.5 billion.

 

#3 | Shiv Nadar

---

NET WORTH: $23.5 BILLION

SOURCE OF WEALTH: SOFTWARE SERVICES

RESIDENCE: DELHI

The tech titan stepped down as chairman of $9.9 billion (revenues) HCL Technologies last July, handing over the position to his only daughter, Roshni Nadar Malhotra.

 

#4 | Radhakishan Damani

---

NET WORTH: $16.5 BILLION

SOURCE OF WEALTH: RETAIL, INVESTMENTS

RESIDENCE: MUMBAI

The low-profile retailing king’s listed supermarket chain Avenue Supermarts operates 221 DMart stores across the country. His brother Gopikishan is also a billionaire.

 

 

#5 | Uday Kotak

---

NET WORTH: $15.9 BILLION

SOURCE OF WEALTH: BANKING

RESIDENCE: MUMBAI

India’s richest banker founded and runs Kotak Mahindra Bank, which is among the country’s top four in the private sector. Last June, Kotak sold shares worth $950 million to reduce his stake in the bank to 26% as mandated by the Reserve Bank of India.

 

#6 | Lakshmi Mittal

---

NET WORTH: $14.9 BILLION

SOURCE OF WEALTH: STEEL

RESIDENCE: LONDON

In February, Mittal stepped down as CEO of ArcelorMittal, the $53.3 billion (revenue) steel behemoth, ceding the spot to his son, Aditya. Mittal remains executive chairman of the company.

 

#7 | Kumar Birla

---

NET WORTH: $12.8 BILLION

SOURCE OF WEALTH: COMMODITIES

RESIDENCE: MUMBAI

Fourth generation heir of a sprawling commodities empire, Birla’s expansion into telecom has cost him dearly. His Vodafone Idea, rebranded as Vi, a joint venture between his Idea Cellular and U.K.’s Vodafone Group, has been racking up losses battling Ambani’s Jio.

 

#8 | Cyrus Poonawalla

---

NET WORTH: $12.7 BILLION

SOURCE OF WEALTH: VACCINES

RESIDENCE: PUNE

Poonawalla’s Serum Institute of India, the world’s largest producer of vaccines by number of doses, is on the frontlines of India’s fight against Covid-19, with multiple vaccine partnerships orchestrated by his son Adar, Serum’s CEO. Adar also struck a deal this year to acquire a 60% stake in listed finance firm Magma Fincorp for $475 million.

 

 

#9 | Dilip Shanghvi

---

NET WORTH: $10.9 BILLION

SOURCE OF WEALTH: PHARMACEUTICALS

RESIDENCE: MUMBAI

Shanghvi, who founded and runs listed generics drug maker Sun Pharmaceuticals, returns to the top ten, thanks to a 68% jump in the company’s shares.

 

#10 | Sunil Mittal & family

---

NET WORTH: $10.5 BILLION

SOURCE OF WEALTH: TELECOM

RESIDENCE: DELHI

His Bharti Airtel, a joint venture with Singapore’s Singtel, is India’s second-largest telecom operator after Ambani’s Jio. In January, Mittal’s son Kavin announced on Twitter that his SoftBank-backed start-up Hike, once considered as a rising unicorn and India’s answer to WhatsApp, had shut down its messaging service.

 

7 Baniya and 2 Jain.

[Ryzen_renoir]

Just now, AryaD said:

7 Baniya and 2 Jain.

Jain's are honorary baniyas . 

Most people don't realise how much wealth baniyas and how much power Brahmins have in india.

Ikkada reddy, kamma,velama ani kottukovadam thappa even in telugu states on average marwadis are much richer than any other caste group

[dasari4kntr]

https://www.forbes.com/billionaires/?utm_source=TWITTER&utm_medium=social&utm_content=4704934699&utm_campaign=sprinklrForbesMainTwitter

 

full list is here...

[Spartan]

[AryaD]

6 minutes ago, Ryzen_renoir said:

Jain's are honorary baniyas . 

Most people don't realise how much wealth baniyas and how much power Brahmins have in india.

Ikkada reddy, kamma,velama ani kottukovadam thappa even in telugu states on average marwadis are much richer than any other caste group

North lo ruling castes people business meedha interest chuparu so Baniyas playing major role in all sectors from  production, marketing, distribution and finance. Telugu valla business antha contracts and real estate due to support they get from ruling parties. Entrepreneurship lo north baniyas ni manavallu kottalante konchem kastham. Mana vallu antha loans tesukoni banks ki bokka pette dantlo busy ga vunnaru.

[jambalhaatraja]

1 hour ago, Somedude said:

Okka Telugodu kooda leda?

endku leru..paina list of companies lo panichese workers lo untaru baaga. There is actually a joke

IIM student to professor : If I grad from IIM, will I become Ambani

Professor : If you grad from IIM, you will report to Ambani

[bhaigan]

OK

[Robinhood16]

Murali Divi and Family, Rank #384 world wide, $6.8B net worth... richest telugu person as of now...