Our last list that covered Top 10 richest people in the world is currently one of the most read articles on this website. So we decided to write a similar article covering the top 10 richest people in India.
This article will also be updated every month. Name of the month it was last updated will be mentioned in the title itself.
So, without further ado let’s get to the list of top 10 richest people in India in February, 2020.
1. Mukesh Ambani: $55.3 Billion (₹3.98 Lakh Crore)
Mukesh Ambani is the elder son of Dhirubhai Ambani, founder of Reliance Industries Limited.
- Key Company: Reliance Industries Limited
- Key Business verticals: Petroleum, Retail, Telecommunications, textiles, etc
After the death of their father, Reliance was split into two. Mukesh Ambani got control of Reliance Industries Limited (RIL) which consisted of the petroleum business, while younger brother Anil got Reliance Anil Dhirubhai Ambani Group consisting of Reliance Communications.
As of 2020, Mukesh Ambani is the richest man in India and Asia.
2. Azim Premji: $21 Billion (₹1.46 Lakh Crore)
Azim Premji is the Founder and Chairman of Wipro Limited.
- Key Company: Wipro Limited
- Key Business verticals: Information Technology
In April 2019, Premji Donated most of his wealth ($15 Billion from 67% shareholding of Wipro) to charity. That puts him lot below in the list in terms of net worth ($4.4 Billion) but we didn’t think it would serve justice to his philanthropic side so he is and will be included in this list for the near term.
3. Hinduja Family: $17.6 Billion (₹1.22 Lakh Crore)
Hinduja Family a family of 4 brothers runs Hinduja Group with S. P. Hinduja as its Chairman.
- Key Company: Hinduja Group
- Key Business verticals: Automobiles (trucks), financial services, ITES, etc.
Notable companies of the Group include Ashok Leyland, IndusInd Bank, etc. With a net worth of $17.6 Billion, Hinduja Family is the 3rd richest family in India.
Hinduja Family is the 3rd Richest in the list of top 10 richest people in India.
4. Pallonji Mistry: $16.4 Billion (₹1.14 Lakh Crore)
Pallonji Mistry is the Chairman of Shapoorji Pallonji Group.
- Key Company: Shapoorji Pallonji Group
- Key Business verticals: Stake in Tata Sons, infrastructure and real estate.
With a net worth of $16 Billion he maintains #4 position in the list of top 10 richest people in India.
5. Shiv Nadar: $14.3 Billion (₹1.02 Lakh Crore)
Shiv Nadar is the Founder and Chairman of HCL Technologies. It is the 3rd largest Indian IT company after TCS and Infosys.
- Key Company: HCL technologies
- Key Business verticals: Information Technology
With a net worth of $15 Billion he holds 5th position in the list of top 10 richest people in India.
6. Godrej Family: $14 Billion (₹97,146 Crore)
Godrej Group was founded by Ardeshir Godrej, and Pirojsha Godrej as Godrej Brothers Company in 1897.
- Key Company: Godrej Group
- Key Business verticals: Home appliances, Consumer goods, Electronics, etc.
It has now expanded its domain to various verticals like Home Appliances, Consumer Goods, Electronics, Real Estate, and Aerospace.
7. Dilip Sanghvi & family: $12.6 Billion (₹87,431 Crore)
Dilip Sanghvi is the founder and Managing Director of Sun Pharmaceuticals.
- Key Company: Sun pharmaceuticals
- Key Business verticals: pharmaceuticals
He had displaced Mukesh Ambani as the Richest Person in India for a day on 5th March, 2015.
8. Gautam Adani & family: $11.9 Billion (₹82,574 Crore)
Gautam Adani is the Founder and Chairman of Adani Group.
- Key Company: Adani Group
- Key Business verticals: Ports & SEZ, power and transmission, etc.
Adani Group own Mundra Port, which is the largest private port in India located in Kutch, Gujarat.
Gautam Adani and Family is worth $11.9 Billion putting them at #8 position in the list of top 10 richest people in India.
9. Kumar Birla: $11.8 Billion (₹81,880 Crore)
Kumar Birla is the Chairman of both Aditya Birla Group and Vodafone Idea Limited.
- Key Company: Aditya Birla Group
- Key Business verticals: Cement, telecom, retail, clothing, etc.
He is currently worth about $11.8 Billion making him 9th richest person in India.
10. Lakshmi Mittal: $11 Billion (₹76,329 Crore)
Lakshmi Mittal is the Chairman and CEO of ArcelorMittal.
- Key Company: ArcelorMittal
- Key Business verticals: Steel, mining, r&d.
His net worth is $11 Billion giving earning him 10th position in the top 10 richest people in India in 2020.
That concludes our list of top 10 richest people in India in 2020
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