Top 10 Richest Indian in 2019 by Forbes Magazine

India as a country has 106 billionaires fourth in the world, Some persons have foreign citizenship and rankings of the few richest Indians were pushed back due to new faces this year. Here is the list of top 10 richest Indian people by net worth published by Forbes magazine in 2019.

Mukesh Ambani (Reliance Industries) – $51.4 Billion

Mukesh Dhirubhai Ambani is the richest man in India in 2019, richest in Asia and 13th richest person in the world by net worth of $51.4 billion. Reliance Industries is the most valuable company in India by market value and engaged in businesses of energy, oil, textiles, petrochemicals, retail and telecommunications.Photo Credit – OutlookIndia

Reliance Industries is listed as one of the most profitable companies of India, Jio provide voice service on its 4G network and with more than 340 million customers, It is the largest mobile network operator in India.

Gautam Adani (Adani Group) – $15.7 Billion

Gautam Adani is the second Indian billionaire of 2019 by Forbes Magazine with net worth estimated $15.7 Billion. The industrialist own Adani Group, Adani Ports & SEZ Limited and also one of the top five most powerful person in India.

Hinduja Brothers (Ashok Leyland) – $15.6 Billion

The Hinduja brothers own Hinduja Group company based in Mumbai and businesses range from banking, trucks and lubricants. Ashok Leyland is the currently the second largest commercial vehicle manufacturer in India and
10th largest manufacturer of trucks globally.

Pallonji Mistry (Shapoorji Pallonji Group) – $15 Billion

Pallonji Shapoorji Mistry is the chairman of Shapoorji Pallonji Group with interests in real estate and appliances also own stake in Tata Sons. The Indian billionaire become an Irish citizen and According to Forbes, Pallonji Mistry net worth is $15 Billion estimated.

Uday Kotak (Kotak Mahindra Bank) – $14.8 Billion

Uday Kotak is the managing director of Kotak Mahindra Bank, The billionaire banker also do business into various financial services. Kotak Mahindra Bank is a popular private sector bank of India, offering services for corporate and customers.

Shiv Nadar (HCL Technologies) – $14.6 Billion

Shiv Nadar is the founder and chairman of HCL Technologies, headquartered in Noida and listed as top 20 largest publicly traded companies in India. The Indian billionaire also awarded by Padma Bhushan and ranked India’s 50 most powerful people by India Today in 2017.

Radhakishan Damani (Avenue Supermarts/DMart) – $14.3 Billion

Radhakishan Damani is the owner of the Indian chain of Supermarket – D-Mart, known as Avenue Supermarts company. D-Mart is also listed as one of the most valuable Indian firm along with Britannia Industries, Marico and Bank of Baroda, has 190 stores across Indian cities.

Godrej Family (Godrej Group) – $12 Billion

The Godrej family owns the Godrej Group of different sectors like consumer products, real estate, appliances and agricultural products.The family is one of the top 10 richest in India with net worth $12 Billion in 2019.

Lakshmi Mittal (ArcelorMittal) – $10.5 Billion

Lakshmi Mittal is based in the United Kingdom and owns 38% of ArcelorMittal steel manufacturing company. ArcelorMittal largest producer of steel in the world and Tata Steel is the top steel producing company of India.

Kumar Mangalam Birla (Aditya Birla Group) – $9.6 Billion

Kumar Mangalam Birla is the chairman of the Aditya Birla Group, The group operates in 34 countries and house list of brands such as Pantaloons Fashion, apparel brands such as Louis Philippe, Allen Solly, Van Heusen, Idea Cellular and UltraTech Cement.

Top new faces of Richest Indian in 2019 includes Byju Raveendran, Manohar Lal and Madhusudan Agarwal of Haldiram Snacks, Rajesh Mehra with Jaquar brand of bathroom fittings, Samprada Singh founder of Alkem Laboratories and most known rich Indians are Anand Mahindra, Tata Sons, Bajaj family, Dilip Shanghvi, Azim Premji,Parle Products, Acharya Balkrishna, Kishore Biyani of Future Group and Rajesh Mehta of Rajesh Exports.

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