India has the third-highest variety of billionaires on this planet after the US and China, based on current knowledge launched by Forbes journal. With 140 billionaires in 2021, India has gone previous Germany (having 136 billionaires) to assert the third spot in nations with probably the most billionaires 2021, Forbes mentioned.
India’s prime three richest individuals have added over $100 billion between them, the report mentioned.
Reliance Industries (RIL) Chairman and Managing Director Mukesh Ambani ranks on the prime among the many Indian billionaires with a internet value of $84.5 billion. He ranks tenth globally and has reclaimed his spot as Asia’s richest particular person, dethroning Alibaba founder Jack Ma from China who was the richest particular person within the area a 12 months in the past.
Amid the Covid-19 pandemic in 2020, Ambani had completed a report fund-raising feat, garnering $35 billion by a sequence of offers to attain the goal of lowering RIL’s internet debt to zero by the monetary 12 months 2020-21. He offered a 3rd of RIL’s telecom arm Jio Platforms to world tech buyers reminiscent of Fb and Google and likewise offered 10 per cent of RIL’s retail arm Reliance Retail to personal fairness companies KKR and Common Atlantic. He additionally concluded a $7.3 billion rights challenge of RIL shares.
Adani Group Chairman Gautam Adani is the second richest Indian with a internet value of $50.5 billion. He’s ranked twenty fourth on the worldwide checklist of billionaires. His firm acquired a 74 per cent stake in India’s second-busiest airport Mumbai Worldwide Airport in September. Adani additionally offered a 20 per cent stake in Adani Inexperienced Vitality to French vitality agency Whole for $2.5 billion.
HCL founder Shiv Nadar is ranked third among the many richest particular person in India. He has a internet value of $23.5 billion and on the worldwide checklist, he’s ranked 71st. In July final 12 months, he had stepped down as chairman of IT large HCL Applied sciences and handed over the reins to his daughter Roshni Nadar Malhotra.
Avenue Supermart founder Radhakishan Damani comes fourth within the checklist of Indian billionaires with a internet value of $16.5 billion. He’s ranked 117th on the worldwide checklist of billionaires. Avenue Supermart runs the favored retail retailer DMart throughout numerous cities within the nation. Damani can also be a veteran investor within the Indian inventory market. He holds stakes in a variety of corporations, from tobacco agency VST industries to cement producer India Cements.
Uday Kotak is the nation’s richest banker. He’s the founder and chief of Kotak Mahindra Financial institution, a serious non-public sector financial institution in India. He has a internet value of $15.9 billion and ranks 121st globally. In June final 12 months, Kotak had offered shares value $950 million to scale back his stake in his financial institution to 26 per cent as mandated by the Reserve Financial institution of India (RBI).
Listed here are the highest 20 richest billionaires in India:
|Rank||International rating||Identify||Web value (in $ billion)|
|2||24||Gautam Adani & household||50.5|
|10||213||Sunil Mittal & household||10.5|
|11||234||Savitri Jindal & household||9.7|
|12||274||Benu Gopal Bangur||8.7|
|14||294||Kuldip Singh & Gurbachan Singh Dhingra||8.4|
|15||297||Kushal Pal Singh||8.3|
|17||384||Murali Divi & household||6.8|
|20||421||Ashwin Dani & household||6.3|
|Supply: Forbes’ thirty fifth Annual World’s Billionaires Record 2021|
Yearly, Forbes releases a listing of the billionaires which covers the wealthiest businesspersons the world over.