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Check this out: These 5 businessmen control nearly half of India's billionaire wealth
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  • Check this out: These 5 businessmen control nearly half of India's billionaire wealth

Check this out: These 5 businessmen control nearly half of India's billionaire wealth

FP Archives • August 13, 2014, 18:24:17 IST
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[caption id=“attachment_78147” align=“alignleft” width=“860”] ![With an estimated net worth of $24.4 billion, the richest man in India is Mukesh Ambani, chairman and the largest shareholder of Reliance Industries, a Fortune Global 500 company with oil and gas interests. Through Reliance, Ambani owns the Mumbai Indians Indian Premier League (IPL) cricket team, reportedly the most valuable team at around $112 million, shows data from Wealth-X ](https://images.firstpost.com/wp-content/uploads/2014/03/mukeshambani.jpg) With an estimated net worth of $24.

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Check this out: These 5 businessmen control nearly half of India's billionaire wealth

[caption id=“attachment_78147” align=“alignleft” width=“860”] ![With an estimated net worth of $24.4 billion, the richest man in India is Mukesh Ambani, chairman and the largest shareholder of Reliance Industries, a Fortune Global 500 company with oil and gas interests. Through Reliance, Ambani owns the Mumbai Indians Indian Premier League (IPL) cricket team, reportedly the most valuable team at around $112 million, shows data from Wealth-X ](https://images.firstpost.com/wp-content/uploads/2014/03/mukeshambani.jpg) With an estimated net worth of $24.4 billion, the richest man in India is Mukesh Ambani, chairman and the largest shareholder of Reliance Industries, a Fortune Global 500 company with oil and gas interests. Through Reliance, Ambani owns the Mumbai Indians Indian Premier League (IPL) cricket team, reportedly the most valuable team at around $112 million, shows data from Wealth-X[/caption]

[caption id=“attachment_74923” align=“alignleft” width=“860”] ![Lakshmi Mittal, chief of steel major ArcelorMittal is the second richest Indian with a net worth of $17.2 billion](https://images.firstpost.com/wp-content/uploads/2014/02/Lakshmi-Mittal_reuters.jpg) Lakshmi Mittal, chief of steel major ArcelorMittal is the second richest Indian with a net worth of $17.2 billion. Mittal, 64, owns 38% of ArcelorMittal and a 33% stake in the Queens Park Rangers Football Club.[/caption]

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[caption id=“attachment_78241” align=“alignleft” width=“860”] ![Dilip Shanghvi, the foudner of Sun Pharma, is the third richest Indian with a net worth of about $16.3 billion. From a pharmaceutical start-up with sales of $0.02 mn in 1983, Sun Pharma has grown to become the largest drug manufacturer in the country and is worth over Rs 1.64 lakh crore today thanks to the efforts of its introvert but a business-savy founder, who is also credited with single-handedly steering Sun Pharma to the fifth spot globally in the generic drugs market.](https://images.firstpost.com/wp-content/uploads/2014/03/04_Dilip-Shanghvi_82.jpg) Dilip Shanghvi, the foudner of Sun Pharma, is the third richest Indian with a net worth of about $16.3 billion. From a pharmaceutical start-up with sales of $0.02 mn in 1983, Sun Pharma has grown to become the largest drug manufacturer in the country and is worth over Rs 1.64 lakh crore today thanks to the efforts of its introvert but a business-savy founder, who is also credited with single-handedly steering Sun Pharma to the fifth spot globally in the generic drugs market.[/caption]

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[caption id=“attachment_78240” align=“alignleft” width=“860”] ![Azim Premji, chairman of India's third-largest software company Wipro, is India's richest tech tycoon and the third wealthiest Indian with a net worth of $14.9 billion. ](https://images.firstpost.com/wp-content/uploads/2014/03/03_Azim-Premji_61.jpg) Azim Premji, chairman of India’s third-largest software company Wipro, is India’s richest tech tycoon and the third wealthiest Indian with a net worth of $14.9 billion. Data: Wealth X[/caption]

[caption id=“attachment_93540” align=“alignleft” width=“860”] ![Irish citizen Pallonji Mistry, patriarch of Indian construction giant Shapoorji Pallonji Group and one of the biggest shareholders in Tata Sons is India's fifth richest businessman with a net worth of $12.7 billion. The five billionaires collectively control $85.5 billion in personal wealth, accounting for 47.5% of India's total billionaire wealth.](https://images.firstpost.com/wp-content/uploads/2014/08/mistry.jpg) Irish citizen Pallonji Mistry, patriarch of Indian construction giant Shapoorji Pallonji Group and one of the biggest shareholders in Tata Sons is India’s fifth richest businessman with a net worth of $12.7 billion. The five billionaires collectively control $85.5 billion in personal wealth, accounting for 47.5% of India’s total billionaire wealth.[/caption]

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