The ten richest person in India
The ten richest person in India
Mukesh Ambani
Mukesh Dhirubhai Ambani was born on 19 April 1957, he is an Indian business magnate. He is the chairman and managing director of Indian conglomerate Reliance Industries, the largest private sector enterprise in India listed in Fortune 500 magazine. His personal stake in Reliance Industries is 48%. On the 29th of August' 2011, Reliance Industries regained its status as the most valued firm in India, after a heady contest with ONGC and Coal India Ltd., both public sector units as well as energy giants.
Azim Premji
Azim Hashim Premji was born in 24 July 1945, He is an Indian business tycoon and philanthropist who is the chairman of Wipro Limited, guiding the company through four decades of diversification and growth to emerge as one of the Indian leader in the software industry. According to Forbes, he is currently the second wealthiest Indian, and 36th richest in the world, with a personal wealth of US$16.8 billion in 2011. In 2000, he was voted among the 20 most powerful men in the world by Asiaweek. He has twice been listed among the 100 most influential people by TIME Magazine, once in 2004 and more recently in 2011. Premji owns 74% of Wipro Limited, which started off manufacturing hydrogenated cooking fats along with consumer products. It grew from a company of US $2.5 million to a giant of almost $7 billion under Premji's leadership. Wipro Technologies, the Global IT Business of the company, is one of India's largest software companies and is ranked among the top 100 technology companies globally.
Together these men are the 4th richest businessmen in India, and the 40th richest in the world according to Forbes, the renowned billionaires list creators, with a net worth of $15.8 billion. Made big splash last year with $1.85 billion IPO of Essar Energy, the largest ever listing in London by an Indian firm. In February 2011 it bought a UK refinery from Shell for $350 million. Vodafone, their long-time partner in telecom. opposed their proposal to transfer part of their one third stake in unlisted Vodafone Essar, to their listed India Securities. Bankers appointed to determine value. They also hold minority stake in Loop Telecom, owned by their brother-in-law which is under scanner as part of investigation into telecom corruption scandal. Company denies any wrongdoing. Sons Prashant, Anshuman and Rewant work in group. Family goes on fishing holidays together on their yatch Sunrays.
Kumar Mangalam Birla is an Indian industrialist and the Chairman of the Aditya Birla Group, one of the largest conglomerate corporations in India. He is also the Chancellor of the Birla Institute of Technology & Science.
Anil Dhirubhai Ambani was born in 4 June 1959, he is an Indian-Gujarati business baron and chairman of Reliance Anil Dhirubhai Ambani Group, one of the largest private conglomerates. Anil's elder brother, Mukesh Ambani, is worth more than 29 billion dollars, and owns another company called Reliance Industries. As of 2011, his wealth of $8.8 billion.
The ten richest person in India
Lakshmi Narayan Mittal was born in 15 June 1950, he is an Indiansteel magnate. He is the chairman and chief executive officer of ArcelorMittal, the world’s largest steelmaking company. Mittal is the richest man in India, Asia and the United Kingdom, and second in Europe and is presently the sixth richest individual in the worldwith a personal wealth of US$31.1 billion.He is the 44th most powerful person of the 68 individuals named in Forbes's Most Powerful People list. His daughter Vanisha Mittal's wedding was the most expensive in the recorded history of the world.
Named after the Hindu deity of fortune and prosperity, the steel tycoon is “quintessentially Indian”, despite having lived in Britain since the 1970s, says The South China Morning Post. Born in a remote village, he got his start when his family moved to Calcutta and opened a small steel mill. Within 20 years, Ispat International was hailed as “the best steel firm on the planet”. The 2004 merger with rival International Steel Group also made it the largest. Today, Mittal Steel, of which he owns 87.4%, continues to expand, but ironically, it does no business in India. It’s “one of my biggest disappointments”, says Mittal.
Mukesh Ambani
Mukesh Dhirubhai Ambani was born on 19 April 1957, he is an Indian business magnate. He is the chairman and managing director of Indian conglomerate Reliance Industries, the largest private sector enterprise in India listed in Fortune 500 magazine. His personal stake in Reliance Industries is 48%. On the 29th of August' 2011, Reliance Industries regained its status as the most valued firm in India, after a heady contest with ONGC and Coal India Ltd., both public sector units as well as energy giants.
News that a feud between the warring Ambani brothers had been resolved sent Indian stocks to new highs last summer, says The Economist. The brothers are heirs to the $27 B Reliance Group built up from a simple textile-trading business by their former school-master father – and they had been at daggers since his death in 2002. Luckily their mother was finally able to broker a truce, and in the ensuing demerger, Mukesh, “a family man and meticulous planner”, kept the group’s petrochemicals flagship, Reliance Industries, and Indian Petrochemicals Corp
Azim Premji
Azim Hashim Premji was born in 24 July 1945, He is an Indian business tycoon and philanthropist who is the chairman of Wipro Limited, guiding the company through four decades of diversification and growth to emerge as one of the Indian leader in the software industry. According to Forbes, he is currently the second wealthiest Indian, and 36th richest in the world, with a personal wealth of US$16.8 billion in 2011. In 2000, he was voted among the 20 most powerful men in the world by Asiaweek. He has twice been listed among the 100 most influential people by TIME Magazine, once in 2004 and more recently in 2011. Premji owns 74% of Wipro Limited, which started off manufacturing hydrogenated cooking fats along with consumer products. It grew from a company of US $2.5 million to a giant of almost $7 billion under Premji's leadership. Wipro Technologies, the Global IT Business of the company, is one of India's largest software companies and is ranked among the top 100 technology companies globally.
“The father of the Indian outsourcing phenomenon”, Premji got his major break in 1978 when IBM pulled out of India, says The Independent. Premji had inherited Wipro, then a company selling cooking fat, on his father’s death in 1966 and decided to move into the nascent computing business. He still owns 82% of the New York-listed company: it has annual revenues of £1bn, while clients include Nokia, Microsoft and Prudential. Still, this tycoon belongs to the old-banger school of billionaires: his ancient Ford Escort is, he says, “a lucky car”.
Shashi and Ravi Ruia, among India's richest men, gives you an insight into who they are and how they got where they are today.In a small town in India, Shashi and Ravi Ruia were born in 1944 and 1949 respectively to Nand Kishore Ruia. The family had been in business since the 1800s, and when their father passed away in 1969, the two sons took over the small family run business, Essar Group.The family origins lay in Rajasthan, but the Ruia brothers' ancestors relocated to Mumbai during the 19th century and began with their business ventures.
The Essar company growth had already begun when the Ruias inherited the business, with contracts previously negotiated for the construction of various ports and jetties.The year that the brothers began their reign over Essar was when the company really took off as a construction business. Essar grew rapidly and expanded into other commodity industries such as shipping, telecommunications, oil, gas and steel.
Together these men are the 4th richest businessmen in India, and the 40th richest in the world according to Forbes, the renowned billionaires list creators, with a net worth of $15.8 billion. Made big splash last year with $1.85 billion IPO of Essar Energy, the largest ever listing in London by an Indian firm. In February 2011 it bought a UK refinery from Shell for $350 million. Vodafone, their long-time partner in telecom. opposed their proposal to transfer part of their one third stake in unlisted Vodafone Essar, to their listed India Securities. Bankers appointed to determine value. They also hold minority stake in Loop Telecom, owned by their brother-in-law which is under scanner as part of investigation into telecom corruption scandal. Company denies any wrongdoing. Sons Prashant, Anshuman and Rewant work in group. Family goes on fishing holidays together on their yatch Sunrays.Savitri Jindal is an Indian steel baroness, the wealthiest woman in India and the world's 56th richest person. She is the non-executive chairperson of Jindal Steel and Power Limited and JSW Steel, and member of the Haryana Vidhan Sabha, MLA. She also served as a Minister of Power in the Government of Haryana until 2010. She became the chairperson after her husband, O. P. Jindal, died in a helicopter crash in 2005. In 2011, Savitri Jindal is listed by Forbes as the world's 56th and India's 5th richest woman having net worth of $13.2 Billion, as well as for having more children than any other billionaire mother.
JSW Steel, run by son Sajjan, was forced to cut production at its unit in Karnataka, a state in southern India where the Supreme Court has banned iron ore mining. Jindal Steel & Power, run by youngest son, Naveen, also fell as it got into tangle with the environment ministry, though it remains family's most valuable asset. Son Naveen recently gave $2.5 million to the University of Texas at Dallas, his alma mater, which renamed its management school after him
Gautam Adani was born in June 24, 1962, is an Indian businessman. He is the chairman of the Adani Group, a leading trading and export company of India. In March, 2011 Forbes magazine announced that Adani is the 6th richest person in India with a personal wealth of US $10 billion. He is the first billionaire from the city of Ahmedabad.
Adani, who started dealing in diamonds in Mumbai in 1980 has come to be worth more than Rs 30,000 crore in three decades. He did not make his money from the fancy 21st century businesses such as software or telecom, like NR Narayana Murthy of Infosys or Sunil Mittal at Bharti Airtel. The 48-year old may appear soft, but plays hardball. If all goes as planned, by 2020, the matriculate's ventures would produce 20,000 MW of power, handle 200 million tonnes of cargo at his port in Mundra and mine 200 million tonnes of coal and other ores.
Kumar Mangalam Birla is an Indian industrialist and the Chairman of the Aditya Birla Group, one of the largest conglomerate corporations in India. He is also the Chancellor of the Birla Institute of Technology & Science.
The head of the close-knit Birla clan inherited control of the commodities and electronics powerhouse on the death of his father in 1995. Many feared the LSE graduate wouldn’t be up to the job, says Business Week. He has proved them wrong, but his preference for privacy has recently been hit by an elderly cousin leaving a chunk of the empire to her accountant, says The Hindu. Birla has vowed to win it back. The case continues In 2011, Kumar Birla is listed by Forbes as the world's 97th and India's 7th richest men having net worth of $9.2 Billion
Anil Dhirubhai Ambani was born in 4 June 1959, he is an Indian-Gujarati business baron and chairman of Reliance Anil Dhirubhai Ambani Group, one of the largest private conglomerates. Anil's elder brother, Mukesh Ambani, is worth more than 29 billion dollars, and owns another company called Reliance Industries. As of 2011, his wealth of $8.8 billion.
Anil Ambani achieved notoriety for alleging that his brother had broken corporate governance regulations, says BusinessWeek. He now seems “almost his usual self – brash, natty and cheerful”. The Wharton graduate, married to a Bollywood actress, hasn’t done too badly from the split, says the FT, his new group controls Reliance’s telecoms and finance firms.
Sunil Bharti Mittal was born in 23 October 1957 is an Indian telecom mogul, philanthropist and the founder, chairman and Group CEO of Bharti Enterprises. The US$8.3 billion turnover company runs India's largest GSM-based mobile phoneservice and world's fifth largest wireless company with over 190 million customers across 19 countries in Asia and Africa. He is the son of Sat Paul (ex MP) and Lalita. In 2007, he was awarded the Padma Bhushan.
India’s “most ambitious telecom entrepreneur” describes himself as “the product of economic reform”, says BusinessWeek. He started a bicycle-parts business at a precociously early age before moving into telephony in the 1980s. In the past ten years, Mittal has grabbed 22% of India’s mobile-phone market. Recent attempts to diversify have proved less successful, says the FT. Mittal had hoped to overhaul India’s food chain and make it a leading exporter. “This is work in progress,” he says.
Adi Godrej was born in 3 April 1942 is an Indian industrialistand philanthropist. As of 2011, he is one of the richest Indians with net worth of US$7.3 billion. He is 130 on Forbes List of Billionaires.
Adi Godrej is one of the icons of Indian Industry. He is the chairman of Godrej Group. Adi Godrej was born in a business family. His father's name was Burjorji Godrej and his mother's name was Jai Godrej. More than a century age, the Godrej's were into manufacturing locks and vegetable-based soaps. The Godrej products were among the first indigenously manufactured products to displace entrenched foreign brands.
Third generation to chair consumer products conglomerate Godrej Group whose 3,500-acre campus, with school and hospital, in suburban Mumbai is family's most valuable asset. Group's property arm, where son Pirojsha is a director, went public in December, raising $100 million and listing at a 9% premium. Is aiming to buy out Sara Lee's 51% stake in their joint venture, which makes household care products, including insecticides. Daughter Tanya, who oversees branding and marketing, talked about as front runner to succeed him. Younger daughter Nisa given charge of overseeing personnel. Godrej was one of 40 chief executives to model in a charity fashion show in Mumbai.
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