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
Rank Name Net Worth Age Source
#33 Mukesh Ambani $23.2 B 59 petrochemicals, oil & gas
#56 Lakshmi Mittal $16.4 B 66 steel
#72 Azim Premji $14.9 B 71 software services
#84 Dilip Shanghvi $13.7 B 61 pharmaceuticals
#102 Shiv Nadar $12.3 B 71 software services
#133 Kumar Birla $9.5 B 49 commodities
#159 Cyrus Poonawalla $8.1 B 75 vaccines
#166 Uday Kotak $8 B 58 banking
#182 Sunil Mittal $7.5 B 59 telecom
#250 Gautam Adani $5.8 B 54 commodities, ports
#281 Shashi & Ravi Ruia $5.5 B - diversified
#288 Vikram Lal $5.4 B 75 motorcycles
#303 Benu Gopal Bangur $5.2 B 85 cement
#303 Savitri Jindal $5.2 B 67 steel
#303 Pankaj Patel $5.2 B 64 pharmaceuticals
#348 Desh Bandhu Gupta $4.7 B 79 pharmaceuticals
#367 Micky Jagtiani $4.5 B 65 retail
#367 M.A. Yusuff Ali $4.5 B 61 retail
#385 Subhash Chandra $4.4 B 66 media
#427 Kushal Pal Singh $4.1 B 85 real estate
#474 Kalanithi Maran $3.8 B 51 media
#501 Ajay Piramal $3.7 B 61 pharmaceuticals
#544 Bajaj brothers $3.5 B - diversified
#544 Rahul Bajaj $3.5 B 78 motorcycles
#544 Ravi Pillai $3.5 B 63 construction
#544 Nusli Wadia $3.5 B 73 consumer products
#603 Anil Agarwal $3.2 B 63 mining, metals
#603 Kapil & Rahul Bhatia $3.2 B - airlines
#603 Kuldip Singh & Gurbachan Singh Dhingra $3.2 B - paints
#603 Sudhir & Samir Mehta $3.2 B - diversified
#630 Pawan Munjal $3.1 B 63 motorcycles
#660 B.R. Shetty $3 B 75 healthcare
#745 Anil Ambani $2.7 B 57 diversified
#745 Ashwin Dani $2.7 B 74 paints
#782 Karsanbhai Patel $2.6 B 73 consumer goods
#782 Rajan Raheja $2.6 B 62 diversified
#782 P.V. Ramprasad Reddy $2.6 B 58 pharmaceuticals
#814 Acharya Balkrishna $2.5 B 44 consumer goods
#814 Smita Crishna-Godrej $2.5 B 66 consumer goods
#814 Adi Godrej $2.5 B 74 consumer goods
#814 Jamshyd Godrej $2.5 B 68 consumer goods
#814 Nadir Godrej $2.5 B 66 consumer goods
#814 Rishad Naoroji $2.5 B 65 consumer goods
#814 Chandru Raheja $2.5 B 76 real estate
#867 Hasmukh Chudgar $2.4 B 83 pharmaceuticals
#867 Baba Kalyani $2.4 B 68 engineering
#896 Radhakishan Damani $2.3 B 62 investments, retail
#939 Rakesh Jhunjhunwala $2.2 B 56 investments
#973 Kiran Mazumdar-Shaw $2.1 B 63 biotech
#1030 Mangal Prabhat Lodha $2 B 61 real estate
#1030 Leena Tewari $2 B 59 pharmaceuticals
#1098 Abhay Firodia $1.9 B 72 automobiles
#1098 Sunny Varkey $1.9 B 59 education
#1161 Harsh Mariwala $1.8 B 65 consumer goods
#1161 N.R. Narayana Murthy $1.8 B 70 software services
#1161 Arvind Tiku $1.8 B 47 oil & gas, investments
#1234 Harsh Goenka $1.7 B 59 diversified
#1234 Aloke Lohia $1.7 B 58 petrochemicals
#1234 Nirav Modi $1.7 B 46 diamond jewelry
#1234 Mofatraj Munot $1.7 B 72 real estate
#1234 Ranjan Pai $1.7 B 44 education
#1234 Jitendra Virwani $1.7 B 51 real estate
#1290 Joy Alukkas $1.6 B 60 jewelry
#1290 Vivek Chand Burman $1.6 B 79 consumer goods
#1290 Murali Divi $1.6 B 66 pharmaceuticals
#1290 Sanjiv Goenka $1.6 B 56 diversified
#1290 Senapathy Gopalakrishnan $1.6 B 61 software services
#1290 Nandan Nilekani $1.6 B 61 software services
#1376 Yusuf Hamied $1.5 B 80 pharmaceuticals
#1376 Ravi Jaipuria $1.5 B 62 soft drinks
#1376 Kishore Mariwala $1.5 B 82 consumer goods
#1376 Vikas Oberoi $1.5 B 46 real estate
#1468 Radhe Shyam Agarwal $1.4 B 72 consumer goods
#1468 Anand Burman $1.4 B 64 consumer goods
#1468 Radhe Shyam Goenka $1.4 B 71 consumer goods
#1468 Devendra Jain $1.4 B 88 chemicals
#1468 T.S. Kalyanaraman $1.4 B 69 jewelry
#1468 Lachhman Das Mittal $1.4 B 86 tractors
#1468 Bhadresh Shah $1.4 B 65 engineering
#1468 Rajju Shroff $1.4 B 83 agrochemicals
#1567 Achal Bakeri $1.3 B 57 air coolers
#1567 Sameer Gehlaut $1.3 B 43 finance
#1567 Balkrishan Goenka $1.3 B 50 textiles
#1567 Habil Khorakiwala $1.3 B 74 pharmaceuticals
#1567 Anand Mahindra $1.3 B 61 automobiles
#1567 Vijay Shekhar Sharma $1.3 B 38 financial technology
#1567 Shamsheer Vayalil $1.3 B 40 healthcare
#1678 K. Dinesh $1.2 B 62 software services
#1678 Niranjan Hiranandani $1.2 B 67 real estate
#1678 Surendra Hiranandani $1.2 B 62 real estate
#1678 Ajay Kalsi $1.2 B 56 oil & gas
#1678 Mahendra Prasad $1.2 B 77 pharmaceuticals
#1678 Analjit Singh $1.2 B 63 healthcare
#1795 Rana Kapoor $1.1 B 59 banking
#1795 Satish Mehta $1.1 B 66 pharmaceuticals
#1795 S.D. Shibulal $1.1 B 62 software services
#1795 Samprada Singh $1.1 B 91 pharmaceuticals
#1940 Chirayu Amin $1 B 70 pharmaceuticals
#1940 Shishir Bajaj $1 B 69 consumer goods
#1940 Harindarpal Banga $1 B 66 commodities
#1940 Azad Moopen $1 B 63 healthcare

With PTI inputs


Updated Date: Mar 21, 2017 17:07 PM

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