10 richest billionaires of India 2021

Mukesh Ambani add $48 billion to his fortune from last year, and achieved the title of Asia's richest man.
10 richest billionaires of India 2021: Another Covid-19 wave is spreading across India and the total number of cases now exceeds 12 million. But the country's stock market has overcome its epidemic odor to climb new peaks; The benchmark Sensex is up 75% compared to a year ago. The total number of Indian billionaires increased to 140 from 102 last year; Their combined assets have almost doubled to $ 596 billion.

Top Rule of Prosperity: The three richest Indians alone have raised more than $ 100 billion among themselves. Mukesh Ambani, who has successfully diversified his oil and gas empire into fast-growing sectors such as telecommunications and retail, reclaimed his place as Asia's richest man with assets of $ 84.5 billion.

Infrastructure tycoon Gautam Adani received a whopping $ 42 billion in the form of shares of his companies including Adani Enterprises and Adani Green Energy. With a fivefold increase in his fortune since 2020, Adani is now the second richest Indian, previously held by retail king Radhakishan Damani, whose fortune was split this year. His brother Gopikishan Damani has been listed separately for the first time on the basis of new information about his holdings. Adani, who shares a Gujarati roots and tendency to strike a deal with Ambani, expanded aggressively at airports, bereft of the travel meltdown. He also secured his partner in the gas business of Total, France, to invest in his renewable energy company.

Two out of the ten richest Indians get their funding from healthcare, an area which is fueling the epidemic worldwide. Vaccine billionaire Cyrus Poonawalla's Serum Institute of India, run by his 40-year-old son Adar, quickly joined the race for the Covid-19 vaccine by investing $ 800 million in building multiple partnerships and building a new factory. The India-produced version of the Covid-19 vaccine, developed by Kovshield's Jabis of Poonawala, Oxford University-AstraZeneca, is now offered and exported across the country. After slipping last year, pharma magnate Dilip Shanghvi returned to the top 10 due to a surge in shares of Sun Pharmaceutical Industries.

Nineteen Indian newcomers joined the list, while the other 19 returned to the list after falling in the past. Among the new faces is Octogenarian Pratap Reddy, founder and president of Apollo Hospitals Enterprise, whose chain of Apollo Hospitals is treating Covid-19 patients. Arvind Lal, who introduced the diagnostics chain Drs. The establishment and operation of the Red Pathlabs, which received government approval to conduct the Covid-19 test, also made its debut.

These are the 10 richest people in India; Total assets as of March 5, 2021:

Total Assets: $84.5 billion
Source: Diversified
Residence: Mumbai

Amidst the Covid-19 epidemic, Ambani made a fundraising feat, earning $ 35 billion through a string of deals to achieve its goal of reducing its major Reliance Industries net debt to zero by 2021. achieved. He also sold a third telecom unit. For major investors such as Facebook and Google and offloaded 10% of Reliance Retail to private equity firms such as KKR and General Atlantic, concluding a $ 7.3 billion rights issue of Reliance shares.

# 2 | Gautam Adani
Total assets: $ 50.5 billion
Source: Infrastructure
Residence: Ahmedabad

Adani acquired a 74% stake in the country's second busiest Mumbai International Airport last September. He sold 20% of his listed renewable energy firm, Adani Green Energy, to French energy giant Total for $ 2.5 billion.

# 3 | Shiv nadri
Total assets: $ 23.5 billion
Source: Software Services
Residence: Delhi

The tech titan stepped down as chairman of HCL Technologies for $ 9.9 billion (revenue) last July, handing over the position to his only daughter, Roshni Nadar Malhotra.

# 4 | Radhakishan Damani
Total assets: $ 16.5 billion
Source: retail, investment
Residence: Mumbai

Low-profile retailing King's listed supermarket chain Avenue Supermarts operates 221 DeMart stores nationwide. His brother Gopikishan is also a billionaire.

# 5 | Uday Kotak
Total assets: $ 15.9 billion
Source: Banking
Residence: Mumbai

India's richest banker founded and operated Kotak Mahindra Bank, one of the top four in the country in the private sector. Last June, Kotak sold $ 950 million in shares mandated by the Reserve Bank of India to reduce its stake in the bank to 26%.

# 6 | Lakshmi Mittal
Total assets: $ 14.9 billion B
Source: steel
Residence: London

In February, Mittal stepped down as CEO of ArcelorMittal, a $ 53.3 billion (revenue) steel giant that cited the location to his son Aditya. Mittal remains the executive chairman of the company.

# 7 | Kumar Birla
Total assets: $ 12.8 billion
Source: Commodities
Residence: Mumbai

The fourth-generation successor of a vast commodity empire, Birla's expansion into telecommunications has cost them dearly. His Vodafone Idea, a joint venture between his Idea Cellular and the UK's Vodafone Group, rebranded as V, is battling Ambani's Jio.

# 8 | Cyrus PoonaWall
Total assets: $ 12.7 billion
Source: Vaccines
Residence: Pune

Poonawalla's Serum Institute of India, the world's largest producer of vaccines by volume, is at the forefront of India's fight against Covid-19, with several vaccine partnerships by his son Adar, CEO of Serum. Adar struck a deal this year to acquire a 60% stake in listed finance firm Magma Fincorp for $ 475 million.

# 9 | Dilip Shanghvi
Total assets: $ 10.9 billion
Source: Pharmaceuticals
Residence: Mumbai

Sanghvi, who founded and operates the listed generic drug maker Sun Pharmaceuticals, has returned to the top ten due to a 68% jump in the company's shares.

#10 | Sunil Mittal & family
Total assets: $ 10.5 billion
Source: Telecom
Residence: Delhi

His Bharti Airtel, a joint venture with Singapore's Singtel, is India's second largest telecom operator after Ambani's Jio. In January, Mittal's son Kavin announced on Twitter that his SoftBank-backed start-up Hike, once considered an emerging unicorn and India's response to WhatsApp, had shut down its messaging service.

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