Private Banking

Join more than 4,000 ++ leading financial professionals in Asia. Sign up here.

Caproasia.com is the leading source of information, data, research and resource for financial professionals in Asia who manage assets and advise clients. Collectively, they manage more than $20 Trillion assets in Asia in Private Banking, Wealth Management, Multi-Family Office, Family Office, Fund Management, Asset Management, Insurance, Private Equity and Hedge Funds.

2017 India Top 50 Richest

The top 50 richest people in India in 2017 have a combined estimated net worth of more than $374 billion, in the Forbes report released in 2018.

Mukesh Ambani, Chairman of Reliance Industries, top the list with an estimated net worth of $38 billion. Azim Premji, Chairman of Wipro (one of the largest IT company in the world), is 2nd on the list with $19 billion. Hinduja family, who runs Hinduja Group (one of the world’s largest manufacturer of buses and trucks), is 3rd on the list with $18.4 billion.

Lakshmi Mittal, Chairman of ArcelorMittal (the world’s largest steel producer) and Pallonji Mistry, the Chairman of Shapoorji Pallonji Group (business conglomerate), rounded up the top 5 richest people in India with $16.5 billion and $16 billion respectively.

Top 5 Richest in India:

Rank Name Net Worth (USD) Age Source Company
1 Mukesh Ambani $38 B 61 petrochemicals, oil & gas Reliance Industries
2 Azim Premji $19 B 72 software services Wipro Limited
3 Hinduja family $18.4 B diversified Hinduja Group
4 Lakshmi Mittal $16.5 B 67 steel ArcelorMittal
5 Pallonji Mistry $16 B 89 construction Shapoorji Pallonji Group

 

India’s Richest Fast Facts:

The Richest: Mukesh Ambani with $38 Billion, Reliance Industries

Singapore Early Development
Singapore Early Development

Top 50 Total Net Worth: $374 Billion



The Average Age: 67.2 Years Old

The Oldest Age: 91 Years Old ($3.3 Billion, Samprada Singh, Alkem Laboratories – the 5th pharmaceutical company in India)

The Youngest Age: 44 Years Old ($3.1 Billion, Sameer Gehlaut, Indiabulls Group – the 3rd largest real estate company)

 

2017 India Top 50 Richest:

Rank Name Net worth (USD) Age Source Company
1 Mukesh Ambani $38 B 61 petrochemicals, oil & gas Reliance Industries
2 Azim Premji $19 B 72 software services Wipro Limited
3 Hinduja family $18.4 B diversified Hinduja Group
4 Lakshmi Mittal $16.5 B 67 steel ArcelorMittal
5 Pallonji Mistry $16 B 89 construction Shapoorji Pallonji Group
6 Godrej family $14.2 B Godrej Group Godrej Group
7 Shiv Nadar $13.6 B 72 software services HCL, Shiv Nadar Foundation
8 Kumar Birla $12.6 B 50 commodities Aditya Birla Group
9 Dilip Shanghvi $12.1 B 62 pharmaceuticals Sun Pharmaceuticals
10 Gautam Adani $11 B 55 commodities, infrastructure Adani Group
11 Uday Kotak $10.5 B 59 banking Kotak Mahindra Bank
12 Radhakishan Damani $9.3 B 63 investments, retail D-Mart
13 Cyrus Poonawalla $8.9 B 77 vaccines Poonawalla Group
14 Sunil Mittal $8.3 B 60 telecom Bharti Enterprises
15 Bajaj Family $8 B Motorcycles Bajaj Group
16 Savitri Jindal $7.5 B 68 steel Jindal Steel & Power Limited
17 Vikram Lal $7.2 B 76 motorcycles Eicher Motors
18 Benu Gopal Bangur $6.6 B 87 cement Shree Cement
19 Acharya Balkrishna $6.55 B 45 consumer goods Patanjali Ayurved
20 Burman family $6.5 B consumer goods Dabur India
21 Subhash Chandra $6 B 67 media Essel Group
22 Pankaj Patel $5.9 B 65 pharmaceuticals Cadila Healthcare
23 Vivek Chaand Sehgal $5.85 B 61 auto parts Samvardhana Motherson Group
24 Kushal Pal Singh $5.7 B 86 real estate DLF Limited
25 Nusli Wadia $5.6 B 74 consumer products Wadia Group
26 Ajay Piramal $5.2 B 62 pharmaceuticals Piramal Group
27 M.A. Yusuff Ali $5 B 62 retail LuLu Group
28 Madhukar Parekh $4.75 B 72 Adhesives Pidilite Industries
29 Kalanithi Maran $4.55 B 52 media Sun Group
30 Pawan Munjal $4.5 B 64 motorcycles Hero MotoCorp
31 Kapil & Rahul Bhatia $4.4 B airlines InterGlobe Aviation, IndiGo
32 Micky Jagtiani $4.3 B 66 retail Landmark Group
33 Harsh Mariwala $4.2 B 67 consumer goods Marico
34 B.R. Shetty $3.9 B 76 healthcare NMC Healthcare
35 Ravi Pillai $3.8 B 64 construction RP Group
36 Mangal Prabhat Lodha $3.75 B 62 real estate Lodha Group
37 Kuldip Singh & Gurbachan Singh Dhingra $3.7 B paints Berger Paints
38 Karsanbhai Patel $3.6 B 74 consumer goods Nirma Group
39 Ashwin Dani $3.5 B 75 paints Asian Paints Ltd
40 Gupta family $3.45 B pharmaceuticals Lupin
41 Shashi & Ravi Ruia $3.4 B diversified Essar Group
42 Sudhir & Samir Mehta $3.35 B diversified Torrent Pharmaceuticals
43 Samprada Singh $3.3 B 91 Pharma Alkem Laboratories
44 Anil Agarwal $3.2 B 64 mining, metals Vedanta Resources Plc.
45 Anil Ambani $3.15 B 59 diversified Reliance Group
46 P.V. Ramprasad Reddy $3.14 B 60 pharmaceuticals Aurobindo Pharma
47 Baba Kalyani $3.13 B 69 engineering Bharat Forge
48 Vinod & Anil Rai Gupta $3.11 B 72 electrical equipment Havells India
49 Sameer Gehlaut $3.1 B 44 finance Indiabulls
50 Hasmukh Chudgar $3.05 B 84 pharmaceuticals Intas Pharmaceuticals

 

*Data 4th October 2017

Source: Caproasia Institute, Forbes

 

2017 Rich List – South-east Asia

2017 Rich List – North Asia

2017 Rich List – Global





Join more than 4,000 ++ leading financial professionals in Asia. Sign up here.

Caproasia.com is the leading source of information, data, research and resource for financial professionals in Asia who manage assets and advise clients. Collectively, they manage more than $20 Trillion assets in Asia in Private Banking, Wealth Management, Multi-Family Office, Family Office, Fund Management, Asset Management, Insurance, Private Equity and Hedge Funds.