Top 5 Richest Man in India
This is a list of Richest Indian by net worth based on an annual assessment of wealth and assests compiled and published by Forbes magazine in 2019. In the same year India had 106 billionaires which put the country forth in the world after the United States, China and Germany. The richest Indian billionaires collective wealth has shrunk by 23 percent than it was last year, according to Forbes. This can be blamed on the crumbling global economy due to the coronavirus outbreak. Internationally the pandemic has reported brushed off a cumulative $408 billion from the world’s top 50 billionaires. And the impact has been felt back at home as well.
India is home to some insanely wealthy families and individuals known across the globe. India has the third largest group of rich people after the US & Germany We have completed and exhaustive list of the top richest people in India for the year 2020. Their net worth is based on 2019 data from their respective Forbes profiles. Following the some of the Richest Man In India.
So, let’s start the Top 5 Richest Man in India, is given below here . Let’s start the topic top 5 richest man.......
Top 5 Richest Man in India
1.
Mukesh Ambani
2.
Radhakishan Damani
3.
Shiv Nadar
4.
Uday Kotak
5.
Lakshmi Mittal
1.
Mukesh Ambani
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| Chairman and Managing Director of Reliance Industries |
Mukesh Ambani is the top 1st Billionaire business man in India at the topping this list. He is the best chairman and a managing Director on the board of Reliance Industries which mainly deals with refining petrochemicals, and the activities in the oil and gas sector. Mukesh Ambani has diversified his reach in the Indian market through several ventures, racing ahead in his net worth and the influence exerted over this developing economy. Reliance retail, which offers foods, groceries, apparel, footwear, lifestyle products and farm implements, is one of his group’s recent offerings. He is also the owner of Mumbai Indians, and IPL franchise. Mukesh Ambani alos own reliance jio Infocomm Limited. Which took the telecom sector in India by storm and toppled the monopoly of the oldest players in the domain.
He is the oldest son of Dhirubhai Ambani,whose downhill journey to oblivion is known to all. This man graduated in Chemical Engineering from the Institute of Chemical Technology. He is an MBA cropout from Stanford University. He is a fan of Bollywood movies watching three movies a week.. He is currently ranked 13th in best list of world’s richest person as of December of 2019. His networth is $57 billion in past year, he has grown richer by $ 12.7 billion, up by 28.7percent.
2.
Radhakishan Damani
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| Damani is the Founder of DMart |
Radhakishan Damani is the top of the best 2nd and most famous Richest people in India. He is the founded of the DMart of supermarkets. His retail chain accounts for 91 stores across India and he is the 3rd biggest in the industry. RK holds the ownership of 52 percnt. Stake in Avenue supermarts, the parent company of DMart. His investment company, bright star in investments holds another 16 percent stake. He is known as Mr White because of his simplistic way of life coupled with high thinking. He is also a stock investor, broker and trader. He is well known for his acumen and shrewdness as an investor. Damani was born in 1945 in a Manwari family in Bikaner, Rajasthan. He was admitted as a B.com student but dropped out after the first year.
Damani got into
retailing in2002 with one store in suburban . Mumbai and has been unstoppable.
Damani also holds stakes in a range of companies from tobacco firm VST
industries to beer maker United Breweries. His property portfolio includes the
156 ropm Raddisson Blu Resort in Alibag, a popular beach front gateway close to
Mumbai. This is main founder of D Mart and his net worth is 17.5 billion and
this is the 2nd top richest man...
3.
Shiv Nadar
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| Chairman & Founder of HCL |
Shiv Nadar is the Chairman and founder of HCL and established the Shiv Nadar Foundation. He is a prominent industrial and philanthropist.. and this is the 3rd richest person in India. Nadar has committed than $ 1 billion to philanthropy. In 1976 Nadar founded HCL, which has had a lasting impact in the Indian IT sector. Nadar was honoured with the third highest civilian award, Padma Bhushan, by the Government of India in 2008. Madras University conferred upon Shiv Nadar an honorary doctorate degree in the year 2007#. He was present in Forbes 48 heroes of Philanthropy in the Asia Pacific in 2011. Shiv Nadar is among the top 5 richest man in India.
Nadar was born 14th
of july 1945 in Tamil Nadu. He currently lives in New Delhi. He pursued his
degree in Electrical and Electronics Engineering from Coimbatore. He founded
HCL in 1976 with an initial investment of 187,000 rupees. He is the co founder of HCL and his net worth
is $16.3 billion......
4.
Uday kotak
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| Founder of Kotak Mahindra Bank |
Uday Kotak is the most famous and top 4th richest person in India. And he is the founder Chairman of Kotak Mahindra Bank Limited. Kotak Bank is India’s third most valued bank and has a market capitalisation of 1,65,400 crore. Uday is also a member of the strategic board which advise the national law firm Cyril Amarchand Mangaldas. Anand Mahindra lent 1 lakh to Uday Kotak to start a financial services company 30 year ago...
Uday Kotak was
born on 15th of March 1959 in Mumbai, Uday was brought up in an
upper middle class Gujarati Lohana Joint family. He pursued his bachelor’s
degree from Sydenham college of commerce of Economics and also holds an MBA
degree from Jamnalal Bajaj Institute. This is the founder of Kotak Mahindra
Bank and, his networth is $15 billion......
5.
Lakshmi Mittal
 |
| CEO of Arcelor Mittal and king of Steel |
Lakshmi Mittal is the Indian steel magnate , Chairman and CEO of Arcelor Mittal. And the full name is Lakshmi Niwas Mittal and this is the owner of Karrick Limited and the co- owner Queens Park Rangers F.C. He is popularly known as the king of Steel. In 2007, he became the richest Asian person in Europe. His empire has been facing a minor slowdown after the acquisition of and Italian company but Lakshmi Mittal Continues to grow every day with his companies consistently reporting double digit growth year in, year out. Lakshmi Mittal was born on 15th of June, 1950 in Sadulpur, Rajasthan to a traditional Marwari family. He currently resides in London. He pursued his B.com degree from St. Xavier’s College. Kolkata. Mittal is known for his lavish lifestyle and incredible success statement the steel tycoon spent an astronomical $60 million approximately on his daughter Vanisha Mittal’s ruptials. Lakshmi Niwas Mittal is on the board of directors of the Europeon Aeronautic Defence and space company. Since 2008, he is also a member of the indenpendent board of directors at Goldman Sachs. He is also involved in with several the development of Indian athletes. This is the best 5th richest person in India the King of Steel Man Lakshmi Mittal and his net worth is $12.1billion...