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Home Finance

India’s Top 5 Wealthiest People

by Arun
2020/07/10
in Finance, Business
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Everyone who has been to India wonders: why are they so happy? The answer lies in the Hindu worldview. According to the rules of reincarnation, if you are poor, live righteously, and in the next life you will be rich. And if a man is rich, then he deserves it in his past life. That’s why rebellious moods with calls to “take and share everything” in this country are not relevant.

So, what kind of people lead the rating of Indian rich and what do they do?

1. Mukesh Ambani

The richest man in Asia, heads a large private business corporation Reliance Industries Ltd, mainly engaged in the production, transportation and processing of oil and gas. His fortune is estimated at $60 billion.

This lucky guy came to the ready: his father founded the company, after his death the business was inherited by two brothers, Mukesh and Anil. By the way, the relationship between them is not very good: both billionaires are constantly suing each other, pouring dirt on each other in the media and always sharing something.

Mukesh Ambani was born in 1957 in Mumbai. Reliance currently accounts for 4% of India’s GDP. He married a middle-class girl, Nita Ambani, and has three children.

The Ambani family is known for its shockingly luxurious purchases and celebrations. They live in a 27-story house in downtown Mumbai, considered both the richest and the ugliest in the city. The market value of the building is estimated at $2 billion.

2. Lakshmi Mittal

Technically, he also inherited the billionaire’s business, but Mittal had to achieve financial leadership himself. His father had only a small scrap yard, which after some half a century became the world’s largest steel company Arcelor Mittal.

Lakshmi Mittal was born in 1950 in Rajasthan. Currently, his fortune is estimated at 45 billion dollars, and the company has branches in 27 countries, including Russia.

Unlike his main competitor Ambani, Mittal does not seek to show off his wealth and personal life. However, his daughter Vanisha’s recent wedding made a lot of noise. The event cost $66 million and lasted a week. For the celebration were rented several palaces in Paris, including the residence of Louis XIV in Versailles.

3. Azim Premji

This man is called the Indian Bill Gates. Born in 1945, his father was a major rice trader in postwar India and the owner of a small palm oil factory. After his father’s death, Asim reconstructed the inherited business assets and founded Wipro Limited, Asia’s largest IT company. This is astonishing, but Premji relied on computer technology long before Microsoft, and computers in general.

In India, they pray for him: being a very demanding and economical manager, he spends huge sums on charity. In particular, thanks to him, thousands of primary schools have been opened in India for children from disadvantaged families. At the same time he himself lives quite modestly for the owner of a fortune of 22 billion dollars. For example, in his personal car park there is only one small car Ford.

4. Dilip Shanghvi

This is exactly the case when a man-made himself and raised the business from scratch. Dilip was born in 1962 to a poor Calcutta family. Since childhood, he was very determined and studied well, thanks to which he entered the university for free in the specialty “trade”. The paper writing service will also help you to study well. In 1988, he started selling medicines and now owns a pharmaceutical company Sun Pharmaceutical Industries with a capital of $14 billion.

5. Savitri Jindal

The only Indian woman billionaire on the Forbes list, the owner of the energy company Jindal Group, which she inherited from her late husband. The fortune is estimated at $11 billion. The business is run by four of her sons, Madame Savitri has nine children in total. Despite her advanced age, Savitri Jindal is a popular Indian politician, deputy, engaged in public activities.

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Tags: azim premjibillionairedilip shanghviindia's top 5 wealthiest peopleindian richlakshmi mittalmukesh ambanirichsavitri jindal
Arun

Arun

Arunshory is a founder of creativeshory, a professional tech & resource website. He is an avid learner and he has been blogging for several years.

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