• Sunday, May 26, 2024


Forbes’ Top 10 Indian billionaires

By: Eastern Eye Staff

Forbes India conducted the survey and as per 2017 Forbes India Rich List, India is home to around 101 billionaires.  Forbes said Prime Minister Narendra Modi’s “economic experiments” barely affected India’s billionaires. Interestingly, this year 101 Indian billionaires make it to the list of Top ranking Indian businessman on Forbes World’s Billionaire list 2017. Despite economic tribulations in India, the combined net worth of India’s 100 wealthiest is around $479 billion, which has seen a significant rise since $374billion of 2016. Here is a list of Top 10 Indian Billionaires as per the annual list of India’s richest tycoon:-

1] Mukesh Ambani

Reliance Industries Limited chairman Mukesh Ambani tops the India Rich List 2017 with a net worth of $38 billion. Despite fluid Indian economy, he added $15.3 billion to his wealth last year, reports Forbes. Mukesh Ambani has managed to secure this position for ten consecutive year in a row. Mukesh Ambani, as Forbes stated, witnessed an increase of 67% from $22.7 billion last year, making him the biggest dollar gainer on the list and also put him among top 5 in Asia.

2] Azim Premji


With a net worth of $19 billion, Azim Premji has ranked second on the list. Tech-tycoon and the chairman of Wipro Limited Azim Premji is a big gainer this year as per Forbes’ annual list of India’s richest tycoon. However, his wealth is half of Mukesh Ambani’s.

3] Hinduja brothers

Owners of Ashok Leyland, Hinduja Brothers have secured the third spot on Forbes’ India Rich list 2017 with a net worth of $18.4 billion. In May 2017, they also topped the list of the richest 1,000 people in the UK with an estimated fortune of £16.2 billion.

4] Lakshmi Mittal

With a net worth of $16.5billion, the steel-baron of India, Lakshmi Niwas Mittal is the fourth richest Indian as per Forbes. He is the chairman and CEO of ArcelorMittal which is the world’s largest steel making company.

5] Pallonji Mistry

Owner of Shapoorji Pallonji Group’s Pallonji Mistry has become the fifth richest Indian, with a net worth of $16billion. An Irish Indian construction tycoon, Pallonji Mistry is the chiarman of Shapoorji Pallonji Group.

6] Godrej Group

With a net worth of $14.2 billion, Godrej Family is the sixth richest as per Forbes’ annual list of India’s richest tycoon.

7] Shiv Nadar

Founder and chairman of HCL Technologies Shiv Nadar too feature on top 10 India Rich list 2017 list. He was ranked at seventh place with a net worth of $13.6 billion.  An industrialist, philanthropist, Shiv Nadar is the founder of The Shiv Nadar Foundaiton.

8] Kumar Birla

Kumar Mangalam Birla, Indian industrialist and chairman of Aditya Birla Group is the eighth richest Indian with a net worth of $12.6 billion.

9] Dilip Sanghvi

The founder and chairman of Sun Pharmaceuticals Industries  Dilip Shanghvi has been listed ninth in India Rich List 2017 with a net worth of $12.1 billion.  Dilip Sanghvi was awarded the Padma Shri by the Government of India in 2016.

10]  Gautam Adani

With a net worth of $11 billion, Gautam Adani, the founder and chairman of Adani Group became the tenth richest Indian as per Forbes’ list.

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