According to a study issued by IIFL Wealth and Hurun India, Reliance chairman Mukesh Ambani has kept the title of richest Indian for the tenth straight year with a net worth of Rs 7,18,000 crore. “With Rs 5,05,900 crore, Gautam Adani, 59, storms into the no. 2 position, almost quadrupling his wealth from Rs 1,40,200 crore,” the report says. Steel magnate Lakshmi Mittal and Kumar Mangalam Birla of the Aditya Birla Group are among the four newcomers to the top ten list.
Mukesh Ambani
Having amassed a wealth of Rs 7,188,000 crore, Mukesh Ambani continues to be the richest man in India for the 10th consecutive year.
With retail and telecom operations, Reliance Industries is the first company in India to cross US$200 billion (INR 15 lakh crore) in market cap. Reliance Industries has become the 57th most valuable company in the world in just four decades, according to Hurun Global 500 Most Valuable Companies 2021.
Gautam Adani
IIFL Wealth Hurun India Rich List 2021 reveals that Gautam Adani is now worth Rs 5,05,900 crore, moving up two places. Except for Adani Power, all of the group’s listed companies have a market capitalization of more than Rs a lakh crore, the report stated.
The only Indian to build five companies worth INR one lakh crore is Gautam Adani, a Hurun India MD and Chief Researcher said in India.
Shiv Nadar
Despite the fact that HCL’s limited exposure to Covid affected segments such as travel, retail, and hospitality, founder and chairman Emeritus Shiv Nadar retained a third place on the list with a 67% increase in wealth to INR 2,36,600 crore. But according to the report, HCL became only the third Indian IT company to break through the US$10bn revenue barrier for the 12-month period ending in December 2020.
SP Hinduja
SP Hinduja and his family moved down two places to the fourth position on the Hurun India Rich List 2021. In their valuation, the brothers saw a 53 percent increase backed by the performance of their flagship companies such as Ashok Leyland and IndusInd Bank, whose share price went up by 74% and 61% respectively, the report said.
In addition to Mumbai and London, the Hinduja brothers also maintain businesses in Geneva.
Lakshmi Mittal
With a wealth of Rs 1,74,400 crore, Lakshmi Mittal jumped eight spots to the fifth ranking. Hurun India said in a report that ArcelorMittal, the world’s biggest steelmaker outside China, also reported a record quarter backed by strong demand from the construction, infrastructure, and renewable energy sectors.
Cyrus Poonawalla
Sixth place in the list belongs to Cyrus S Poonawalla, the Director of the Serum Institute of India. As a result of providing 60 cr doses of the Covid-19 vaccine in India, his wealth increased by 74 percent to Rs 1,63,700 Cr in the year 2015. Poonawalla made his Hurun Global Rich List debut in June 2020. His son Adar was one of three Indians included on Time Magazine’s 100 Most Influential People 2021 list, along with Prime Minister Modi, according to the study.
Radhakishan Damani
Radhakishan Damani of Avenue Supermarts remained seventh on the IIFL Wealth Hurun India Rich List 2021, with a net worth of Rs 1,54,300 crore. Avenue Supermarts’ stock price has grown by more than 500% since its IPO in 2017. Also, as a consequence of the company’s success, its CEO, Ignatius Navil Noronha, has amassed a net worth of Rs 5,100 crore, making him India’s richest professional manager.
Vinod Shantilal Adani
Vinod Shantilal Adani ascended twelve positions to eighth place in the IIFL Wealth Hurun India Rich List 2021, with a fortune of Rs 1,31,600 crore. Also, Vinod, who lives in Dubai, is in charge of trading operations in Dubai, Singapore, and Jakarta.
Kumar Mangalam Birla
With a net worth of Rs 1,22,200 crore, Kumar Mangalam Birla of the Aditya Birla Group broke into the top 10 of the IIFL Wealth Hurun India Rich List 2021. According to the newest study, “strong demand across all business categories, factories working at near full capacity, and also improved margins resulted in an 84 percent growth in Aditya Birla Group’s combined market value over the previous year.”
Jay Chaudhry
Jay Chaudhry, the CEO of cloud security firm Zscaler, is ranked ninth on the list. The Himachal-born IIT alum launched the cyber security firm in 2007 and also now controls 42% of the Nasdaq-listed company with a market capitalization of INR 2,81,000 crore.
