Let’s talk about the Top 10 Indian Business Tycoons who made their fortune and reached the sky with their efforts and became well known worldwide. This list is put together to inspire our readers and includes some jaw-dropping achievements from some of the richest business magnets.
The Top 10 Indian Business Magnets are:
Mukesh Dhirubhai Ambani is an Indian business tycoon who is the Managing Director and Chairman of Reliance Industries Limited (RIL). Recently, he became the Asia’s Richest individual with the Net worth US$44.6 billion. He owned the 18th position as the wealthiest person in the world. In 1966, Father of Mukesh Ambani, Late Dhirubhai Ambani founded the reliance as a small textile manufacturer. In 2016, Reliance has launched the 4G Telecom services named as ‘Jio’ that boomed the telecom market instantly with 160 million users.
Azim Hashim Premji, a 72 years old Indian business magnet, is the chairman of Wipro Limited and also known as Czar of Indian IT Industry. His net worth is US$17.8 billion. He also established Azim Premji University and Azim Premji Foundation. He is the first Indian individual who signed up for ‘The Giving Pledge’. He stated that, “I strongly believe that those of us, who are privileged to have wealth, should contribute significantly to try and create a better world for the millions who are far less privileged”.
Lakshmi Niwas Mittal is of age 68 with the net worth of US$17 billion. He is the Chairman and CEO of ArcelorMittal, Owner of Karrick Limited and the Co-Owner of Queens Park Rangers F.C. He is an UK based Indian business tycoon also known as Steel Magnate or King of Steel, and his ArcelorMittal is the largest steel manufacturing company worldwide. On a side note, his daughter’s wedding was recorded as the second most expensive wedding in history which cost Rs.240 crore.
Pallonji Shapoorji Mistry is the 89 years old Indian-born Irish business tycoon with a net worth US$19.8 billion. He is the chairman of Shapoorji Pallonji Group. He owns Forbes Textiles, Eureka Forbes Limited, Shapoorji Pallonji Construction Limited, and the largest percentage that is 18.4% of stake in Tata Sons. Manoj Namburu wrote a short biography of Mistry in 2008 named as ‘The Moguls of Real Estate’.
Kumar Mangalam Birla, the chairman of Aditiya Birla Group, is an Indian business magnet with the net worth of US$12 billion as recorded in February 2018. He is also the of chairman of Indian Institute of Technology Delhi, chancellor of the Birla Institute of Technology & Science, and chairman of the Indian Institute of Management Ahmedabad as well. Birla Group deals in Cement, Aluminium, Telecom Services, and Finance Services.
Dilip Shanghvi, of 62, is the founder of Sun Pharmaceuticals with the net worth of US$10.8 billion. He started his career by helping in the wholesale generic drugs business of his father and later on he borrows $200 from his father to start Sun Pharmaceuticals. With the growth flow he acquired Caraco Pharma (American Company), Taro Pharma (Israel Company) to expand Sun. he also bought the shares in Ranbaxy which made Sun the largest drug company in India and 5th largest in the world.
Gautam Shantilal Adani is a 56 years old Indian tycoon who is the founder and chairman of Adani Group with the net worth US$7.2 billion. Adani Group deals in businesses spanning coal trading, ports, power generation, coal mining, logistics, agriculture, edible oils, oil & gas exploration, and transmission and gas distribution. He started his career as a diamond sorter at Mahindra Brothers. Adani Group includes Adani Enterprises Limited, Adani Power Ltd (APL), and Adani Green Energy. In 1996, he founded Adani Foundation which is headed by his wife Priti Adani who is a dentist and the managing trustee of the foundation. Adani Group also operates Mudra Port which is the largest private sector port in India.
Adi Burjorji Godrej is the Indian Businessman who is the chairman of Godrej Group and the head of the Godrej Family. His net worth is US$3 billion. He served as a member of the Dean’s Advisory Council at MIT Sloan School of Management, Chairman of the Board of Governors of the Indian School of Business and Narsee Monjee Institute of Management Studies. He was also elected as the president of Confederation of Indian Industry (CII) for the year 2012-13.
Anand Mahindra, of 63, is the chairman of Mahindra Group with the net worth US$2 billion. Mahindra Group operates a chain of 20 industries which deals in information technology, automotive, finance and insurance, leisure and hospitality, aerospace, defense, agribusiness, farm equipment, energy, aftermarket, industrial equipment, components, construction equipment, logistics, real estate and retail. He started his career as an Executive Assistant at Mahindra Ugine Steel Company Ltd (MUSCO).
Ratan Naval Tata (age 80), is an Indian tycoon and head of Tata Sons or Tata Group. He had given 60-65% of his wealth to charitable trusts. He began his career on the shop floor of Tata Steels, handling the blast furnace and shoveling limestone. He serves as the director of NELCO, in initiative of Bill and Melinda Gates Foundation’s India aids he is on the program board, member of PM’s council on Industry and Trade. He received Padma Vibhushan, Padma Bhushan, Honorary Doctor of Laws, Honorary Economic Advisor, Honorary Citizen of Singapore, and a lot more.