Forbes rich list: DMart owner, Paytm's Sharma among 101 Indian billionaires featured

India is home to 101 billionaires, the first time it has has more than 100 super rich individuals, according to the Forbes global billionaires list for 2017.

According to the list, the US continues to have more billionaires than any other nation, with a record 565, up from 540 a year ago. China is catching up with 319, Germany has the third most with 114 and India has the fourth highest number of billionaires.

There are nearly 20 people of Indian origin who have made fortunes in various nations across the world, led by the UK-based Hinduja brothers ranked 64th in the list with US $15.4 billion net worth. Indian-born tycoon Pallonji Mistry, who controls the 152-year-old Mumbai-headquartered engineering giant Shapoorji Pallonji Group, is at the 77th spot with $14.3 billion net worth and petrochemicals major Indorama co-founder Sri Prakash Lohia at the 288th spot with $5.4 billion net worth.

Representational image. AFP

Representational image. AFP

Mukesh Ambani, 59, leads the pack of Indian billionaires, coming in at the 33rd position with a net worth of $23.2 billion.

The list includes only four women billionaires from India, led by Savitri Jindal and her family at the 303rd position with a net worth of $5.2 billion.

Smita Crishna-Godrej from the Godrej clan is ranked 814th followed by Biocon founder Kiran Mazumdar-Shaw (973) and Leena Tewari (1030), chair of USV India that specialises in diabetic and cardiovascular drugs.

Founder of mobile wallet Paytm Vijay Shekhar Sharma is ranked 1567 with a net worth of $1.3 billion. Forbes said Paytm was "one of the biggest beneficiaries of the government's decision to demonetise 86 percent of India's rupees and move to a cashless economy", notching up 200 million registered users and five million transactions daily.

Making his debut on the list at 814th spot is Acharya Balkrishna, friend of yoga guru Baba Ramdev, who holds 97 percent stake in the fast-growing consumer goods firm Patanjali Ayurveda. His net worth is US $2.5 billion.

Veteran Mumbai investor Radhakishan Damani, who is also a mentor to billionaire investor Rakesh Jhunjhunwala, makes his debut on the list at 896th rank with $2.3 billion net worth, buoyed by the recent IPO of his hypermarket chain DMart. He holds stakes in a range of companies, from tobacco firm VST industries to cement maker India Cements.

Jewellery stores owner, Joy Alukkas with US $1.6 billion net worth also figured in the list first time at 1290th spot.

Here is the full list of Indian billionaires figured in the Forbes rich list:

Indian billionaires in the Forbes rich list
RankNameNet WorthAgeSource
#33Mukesh Ambani$23.2 B59petrochemicals, oil & gas
#56Lakshmi Mittal$16.4 B66steel
#72Azim Premji$14.9 B71software services
#84Dilip Shanghvi$13.7 B61pharmaceuticals
#102Shiv Nadar$12.3 B71software services
#133Kumar Birla$9.5 B49commodities
#159Cyrus Poonawalla$8.1 B75vaccines
#166Uday Kotak$8 B58banking
#182Sunil Mittal$7.5 B59telecom
#250Gautam Adani$5.8 B54commodities, ports
#281Shashi & Ravi Ruia$5.5 B-diversified
#288Vikram Lal$5.4 B75motorcycles
#303Benu Gopal Bangur$5.2 B85cement
#303Savitri Jindal$5.2 B67steel
#303Pankaj Patel$5.2 B64pharmaceuticals
#348Desh Bandhu Gupta$4.7 B79pharmaceuticals
#367Micky Jagtiani$4.5 B65retail
#367M.A. Yusuff Ali$4.5 B61retail
#385Subhash Chandra$4.4 B66media
#427Kushal Pal Singh$4.1 B85real estate
#474Kalanithi Maran$3.8 B51media
#501Ajay Piramal$3.7 B61pharmaceuticals
#544Bajaj brothers$3.5 B-diversified
#544Rahul Bajaj$3.5 B78motorcycles
#544Ravi Pillai$3.5 B63construction
#544Nusli Wadia$3.5 B73consumer products
#603Anil Agarwal$3.2 B63mining, metals
#603Kapil & Rahul Bhatia$3.2 B-airlines
#603Kuldip Singh & Gurbachan Singh Dhingra$3.2 B-paints
#603Sudhir & Samir Mehta$3.2 B-diversified
#630Pawan Munjal$3.1 B63motorcycles
#660B.R. Shetty$3 B75healthcare
#745Anil Ambani$2.7 B57diversified
#745Ashwin Dani$2.7 B74paints
#782Karsanbhai Patel$2.6 B73consumer goods
#782Rajan Raheja$2.6 B62diversified
#782P.V. Ramprasad Reddy$2.6 B58pharmaceuticals
#814Acharya Balkrishna$2.5 B44consumer goods
#814Smita Crishna-Godrej$2.5 B66consumer goods
#814Adi Godrej$2.5 B74consumer goods
#814Jamshyd Godrej$2.5 B68consumer goods
#814Nadir Godrej$2.5 B66consumer goods
#814Rishad Naoroji$2.5 B65consumer goods
#814Chandru Raheja$2.5 B76real estate
#867Hasmukh Chudgar$2.4 B83pharmaceuticals
#867Baba Kalyani$2.4 B68engineering
#896Radhakishan Damani$2.3 B62investments, retail
#939Rakesh Jhunjhunwala$2.2 B56investments
#973Kiran Mazumdar-Shaw$2.1 B63biotech
#1030Mangal Prabhat Lodha$2 B61real estate
#1030Leena Tewari$2 B59pharmaceuticals
#1098Abhay Firodia$1.9 B72automobiles
#1098Sunny Varkey$1.9 B59education
#1161Harsh Mariwala$1.8 B65consumer goods
#1161N.R. Narayana Murthy$1.8 B70software services
#1161Arvind Tiku$1.8 B47oil & gas, investments
#1234Harsh Goenka$1.7 B59diversified
#1234Aloke Lohia$1.7 B58petrochemicals
#1234Nirav Modi$1.7 B46diamond jewelry
#1234Mofatraj Munot$1.7 B72real estate
#1234Ranjan Pai$1.7 B44education
#1234Jitendra Virwani$1.7 B51real estate
#1290Joy Alukkas$1.6 B60jewelry
#1290Vivek Chand Burman$1.6 B79consumer goods
#1290Murali Divi$1.6 B66pharmaceuticals
#1290Sanjiv Goenka$1.6 B56diversified
#1290Senapathy Gopalakrishnan$1.6 B61software services
#1290Nandan Nilekani$1.6 B61software services
#1376Yusuf Hamied$1.5 B80pharmaceuticals
#1376Ravi Jaipuria$1.5 B62soft drinks
#1376Kishore Mariwala$1.5 B82consumer goods
#1376Vikas Oberoi$1.5 B46real estate
#1468Radhe Shyam Agarwal$1.4 B72consumer goods
#1468Anand Burman$1.4 B64consumer goods
#1468Radhe Shyam Goenka$1.4 B71consumer goods
#1468Devendra Jain$1.4 B88chemicals
#1468T.S. Kalyanaraman$1.4 B69jewelry
#1468Lachhman Das Mittal$1.4 B86tractors
#1468Bhadresh Shah$1.4 B65engineering
#1468Rajju Shroff$1.4 B83agrochemicals
#1567Achal Bakeri$1.3 B57air coolers
#1567Sameer Gehlaut$1.3 B43finance
#1567Balkrishan Goenka$1.3 B50textiles
#1567Habil Khorakiwala$1.3 B74pharmaceuticals
#1567Anand Mahindra$1.3 B61automobiles
#1567Vijay Shekhar Sharma$1.3 B38financial technology
#1567Shamsheer Vayalil$1.3 B40healthcare
#1678K. Dinesh$1.2 B62software services
#1678Niranjan Hiranandani$1.2 B67real estate
#1678Surendra Hiranandani$1.2 B62real estate
#1678Ajay Kalsi$1.2 B56oil & gas
#1678Mahendra Prasad$1.2 B77pharmaceuticals
#1678Analjit Singh$1.2 B63healthcare
#1795Rana Kapoor$1.1 B59banking
#1795Satish Mehta$1.1 B66pharmaceuticals
#1795S.D. Shibulal$1.1 B62software services
#1795Samprada Singh$1.1 B91pharmaceuticals
#1940Chirayu Amin$1 B70pharmaceuticals
#1940Shishir Bajaj$1 B69consumer goods
#1940Harindarpal Banga$1 B66commodities
#1940Azad Moopen$1 B63healthcare

With PTI inputs


Published Date: Mar 21, 2017 05:07 pm | Updated Date: Mar 21, 2017 05:07 pm


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