FX.co ★ Top 5 most prosperous people in India

Place 1 - Gautam Adani

India’s richest billionaire has recently celebrated his 60th birthday. For more than 30 years, he has been managing Adani Group, one of the largest industrial conglomerates in the country. His business is focused on coal mining and sale, gas and oil exploration, electricity supply, and international logistics. This year, the company’s market price exceeded $200 billion amid the Russia-Ukraine conflict. Last month, the conglomerate’s shares jumped by almost 120%. Thanks to this, Gautam Adani’s fortune surged to $143 billion. Now, in terms of capital the Indian businessman stays behind only Elon Musk and Jeff Bezos.

Place 2 - Mukesh Ambani

This Indian billionaire is among the top 10 richest people in the world. According to recent estimates, his fortune totals $94 billion. Reliance Industries is his main source of money. This is the country’s largest holding that was founded by Mukesh Ambani. The holding includes companies specializing in energy and petrochemicals. Reliance Industries also includes enterprises operating in the textile industry, retail trade, and telecommunications. The market cap of the organization is about $229 billion.

Place 3 - Azim Premji

Azim Premji is often called an Indian Bill Gates. In the 1970s, all the western IT corporations left the Indian market. However, Azim Premji managed to benefit from the situation and occupied the niche. He founded the Wipro Limited company, which produces computers and software programs. Today, it leads the market and its market cap is estimated at $29 billion. Meanwhile, Azim Premji is the owner of $26 billion. Thanks to his fortune, Azim Premji is on the list of the top 50 wealthiest people in the world.

Place 4 - Shiv Nadar

Shiv Nadar is another representative of India’s IT sector. In the 1970s, he also founded his own company, HCL Technologies, like Azim Premji. Today, he is one of the leaders in the local market and his products are highly popular abroad. The company’s offices are presented in more than 50 countries worldwide. HCL Technologies is among the top 20 largest public companies in India. Its market cap surpasses $31 billion. Meanwhile, its founder owns about $23 billion, which makes him one of the richest IT specialists in India. Notably, Shiv Nadar occupies 52 places in the rating of 100 wealthiest people in the world.

Place 5 - Radhakishan Damani

Radhakishan Damani closes the list of the top 5 most prosperous people in India. More than 20 years ago, the businessman opened his first small shop. At the moment, D-Mart has over 200 stores in 45 cities in the country. According to recent estimates, the market capitalization of the retail giant exceeds $35 million, whereas Radhakishan Damani’s capital totals $22 billion.