It has been always said that India is a rich
country when it comes to culture and heritage and now it is not far
behind in wealth too. Few of the businessmen who have gained fame and
wealth around the globe belong to this land and undoubtedly made all
Indians proud. Hare are 10 richest businessmen in India according to
Forbes list of Indian billionaires, 2012.
1. Mukesh Ambani
Estimated Wealth: $21 billion
Source of Wealth: Inherited
His father started Reliance Industries with mere $100 and had a dream to make the company among the biggest companies of the nation. Considering his father his role model and making his dream come true, Mukesh Dhirubhai Ambani is one of the richest men in India as well as Asia with an estimated wealth of $21 billion. Mukesh Ambani is also considered to be among the most influential CEOs in the world. RIL is one of the largest publicly traded companies in India by market capitalization and is the second largest company in India by revenue after Indian Oil Corporation.
2. Lakshmi Mittal
Estimated Wealth: $16 billion
Source of Wealth: Self-Made
Lakshmi Mittal is the perfect role model for rags to richest story. From a simple young man who has gone through many hardships of life, Lakshmi Mittal is now the CEO of world’s biggest steel manufacturer company Arcelor Mittal. In 2011 Mittal was listed as the sixth richest person in the world. He also ranks sixth among the worlds richest business man with an estimated wealth of $16 billion.
3. Azim Premji
Estimated Wealth: $12.2 billion
Source of Wealth: Inherited
Azim Premji enjoys a richly deserved status as one of the most influential entrepreneurs of India and has frequently featured as one of the most powerful men in the world. With an estimated wealth of $ 12.2 billion Azim Premji occupies the position of India’s third richest men. He is also well complimented for transforming “Wipro Limited” which was initially a FMCG firm to one of the leading blue chip technological organizations in India.
4. Pallonji Mistry
Estimated Wealth: $9.8 billion
Source of Wealth: Inherited
With an estimated wealth of $9.8 billion Pallonji Mistry is the fourth richest man in India and the wealthiest person of Parsi descent. Born in 1929 Pallonji Mistry is an Irish construction tycoon and chairman of Shapoorji Pallonji Group. He is the single largest shareholder in India’s biggest multinational company Tata Group holding 18.4 percent stakes. Recently his son Cyrus Mistry inherited the post of CEO after Ratan Tata got retired.
5. Dilip Shanghvi
Estimated Wealth: $9.2 billion
Source of Wealth: Self-Made
Here is another billionaire who is a complete self-made man. He is the Founder and Managing Director of Sun Pharmaceutical, an Indian global pharmaceutical company headquartered in Mumbai, Maharashtra that produces and sells pharmaceutical formulations and active pharmaceutical ingredients (APIs) primarily in India and the United States. Dilip Shanghvi’s wealth is estimated to be $9.2 billion that grabbed him the fifth rank among India’s richest men.
6. Adi Godrej
Estimated Wealth: $9 billion
Source of Wealth: Inherited
He heads the Godrej group of companies and is considered as the business icon Indian business industry and is definitely among one of the richest in India. Though Adi Godrej inherited his family business but his innovative ideas and inspiring leadership qualities took the Godrej group of companies to the heights. After Pallonji Mistry, Adi Godrej is the second richest in the Parsi descent. The annual turnover of Godrej Group of Companies is estimated to be $3.3 billion.
7. Savitri Jindal and Family
Estimated Wealth: $8.2 billion
Source of Wealth: Inherited
She is simple, soft spoken and down to earth. Inheriting Jindal Group after her husband’s sudden death, with nine children, Savitri Jindal and her family occupies the seventh rank among the richest Indian people with $8.2 billion estimated wealth. Savitri Jindal is an Indian steel magnet, the wealthiest woman in India and the world's 80th richest person and also the member of Haryana Legislative Assembly.
8. Ravi Ruia
Estimated Wealth: $8.1 billion
Source of Wealth: Self-Made
Ravikant Nand Kishore Ruia better known as Ravi Ruia is the Vice-Chairman of Essar Group. The company is owned by both the Ruia brothers, Sashi and Ravi and operates in about 25 countries around the globe. The Essar group functions in many sectors like of steel, oil & gas, power, communications, shipping, ports & logistics, projects and minerals. With an estimated wealth of $8.1 billion, Ravi Ruia is the eighth richest man in India.
9. Hinduja Brothers
Estimated Wealth: $8 billion
Source of Wealth: Inherited
Hinduja Brothers, the name is a must mention among the most reputed Indian business families who have worldwide gained prestige. Srichand, Gopichand, Ashok and Prakash are the famous Hinduja brothers who inherited Hinduja Group, started by their father Parmanand Deepchand. With an estimated wealth of $8 billion the Hinduja Brothers grabs the ninth rank among India’s richest men. In June 2012, Hinduja Group bagged its first overseas order of 50 units of vestibule buses from Bangladesh Road Transport Corporation.
10. Kumar Mangalam Birla
Estimated Wealth: $7.8 billion
Source of Wealth: Inherited
Kumar Mangalam Birla, Chairman of Aditya Birla Group one of corporate India's most triumphant fourth-generation industrialists. He inherited the company at the early age of 28 and took the company to its heights. Few big achievements were done by Kumar in the year 2012 like he bought Pantaloon Retail worth
1,600 crore from Kishore Biyani. With an estimated $7.8 billion, Kumar Mangalam Birla is the tenth richest man in India.
1. Mukesh AmbaniEstimated Wealth: $21 billion
Source of Wealth: Inherited
His father started Reliance Industries with mere $100 and had a dream to make the company among the biggest companies of the nation. Considering his father his role model and making his dream come true, Mukesh Dhirubhai Ambani is one of the richest men in India as well as Asia with an estimated wealth of $21 billion. Mukesh Ambani is also considered to be among the most influential CEOs in the world. RIL is one of the largest publicly traded companies in India by market capitalization and is the second largest company in India by revenue after Indian Oil Corporation.
2. Lakshmi MittalEstimated Wealth: $16 billion
Source of Wealth: Self-Made
Lakshmi Mittal is the perfect role model for rags to richest story. From a simple young man who has gone through many hardships of life, Lakshmi Mittal is now the CEO of world’s biggest steel manufacturer company Arcelor Mittal. In 2011 Mittal was listed as the sixth richest person in the world. He also ranks sixth among the worlds richest business man with an estimated wealth of $16 billion.
3. Azim Premji Estimated Wealth: $12.2 billion
Source of Wealth: Inherited
Azim Premji enjoys a richly deserved status as one of the most influential entrepreneurs of India and has frequently featured as one of the most powerful men in the world. With an estimated wealth of $ 12.2 billion Azim Premji occupies the position of India’s third richest men. He is also well complimented for transforming “Wipro Limited” which was initially a FMCG firm to one of the leading blue chip technological organizations in India.
4. Pallonji Mistry Estimated Wealth: $9.8 billion
Source of Wealth: Inherited
With an estimated wealth of $9.8 billion Pallonji Mistry is the fourth richest man in India and the wealthiest person of Parsi descent. Born in 1929 Pallonji Mistry is an Irish construction tycoon and chairman of Shapoorji Pallonji Group. He is the single largest shareholder in India’s biggest multinational company Tata Group holding 18.4 percent stakes. Recently his son Cyrus Mistry inherited the post of CEO after Ratan Tata got retired.
5. Dilip Shanghvi Estimated Wealth: $9.2 billion
Source of Wealth: Self-Made
Here is another billionaire who is a complete self-made man. He is the Founder and Managing Director of Sun Pharmaceutical, an Indian global pharmaceutical company headquartered in Mumbai, Maharashtra that produces and sells pharmaceutical formulations and active pharmaceutical ingredients (APIs) primarily in India and the United States. Dilip Shanghvi’s wealth is estimated to be $9.2 billion that grabbed him the fifth rank among India’s richest men.
6. Adi Godrej Estimated Wealth: $9 billion
Source of Wealth: Inherited
He heads the Godrej group of companies and is considered as the business icon Indian business industry and is definitely among one of the richest in India. Though Adi Godrej inherited his family business but his innovative ideas and inspiring leadership qualities took the Godrej group of companies to the heights. After Pallonji Mistry, Adi Godrej is the second richest in the Parsi descent. The annual turnover of Godrej Group of Companies is estimated to be $3.3 billion.
7. Savitri Jindal and Family Estimated Wealth: $8.2 billion
Source of Wealth: Inherited
She is simple, soft spoken and down to earth. Inheriting Jindal Group after her husband’s sudden death, with nine children, Savitri Jindal and her family occupies the seventh rank among the richest Indian people with $8.2 billion estimated wealth. Savitri Jindal is an Indian steel magnet, the wealthiest woman in India and the world's 80th richest person and also the member of Haryana Legislative Assembly.
8. Ravi Ruia Estimated Wealth: $8.1 billion
Source of Wealth: Self-Made
Ravikant Nand Kishore Ruia better known as Ravi Ruia is the Vice-Chairman of Essar Group. The company is owned by both the Ruia brothers, Sashi and Ravi and operates in about 25 countries around the globe. The Essar group functions in many sectors like of steel, oil & gas, power, communications, shipping, ports & logistics, projects and minerals. With an estimated wealth of $8.1 billion, Ravi Ruia is the eighth richest man in India.
9. Hinduja Brothers Estimated Wealth: $8 billion
Source of Wealth: Inherited
Hinduja Brothers, the name is a must mention among the most reputed Indian business families who have worldwide gained prestige. Srichand, Gopichand, Ashok and Prakash are the famous Hinduja brothers who inherited Hinduja Group, started by their father Parmanand Deepchand. With an estimated wealth of $8 billion the Hinduja Brothers grabs the ninth rank among India’s richest men. In June 2012, Hinduja Group bagged its first overseas order of 50 units of vestibule buses from Bangladesh Road Transport Corporation.
10. Kumar Mangalam Birla Estimated Wealth: $7.8 billion
Source of Wealth: Inherited
Kumar Mangalam Birla, Chairman of Aditya Birla Group one of corporate India's most triumphant fourth-generation industrialists. He inherited the company at the early age of 28 and took the company to its heights. Few big achievements were done by Kumar in the year 2012 like he bought Pantaloon Retail worth
1,600 crore from Kishore Biyani. With an estimated $7.8 billion, Kumar Mangalam Birla is the tenth richest man in India.
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