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Fortune India Rich List 2022

According to Fortune India's list of "India's Richest" for 2022, the combined fortune of 142 Indian billionaires is worth USD 832 billion. This article will discuss the top 10 of them.

According to Fortune India’s list of “India’s Richest” for 2022, the combined fortune of 142 billionaires in India is approximately USD 832 billion (Rs 66.36 trillion). The first list, created in partnership with the financial advisory business Waterfield Advisors, is mainly based on a wealth of listed firms’ founders. Fortune and Waterfield gathered information on publicly traded and unlisted wealth and supplementary information on assets outside of the listed firm, such as interests in other public businesses (in which the ownership is less than 1%), private entities/start-ups, and so on.

Key Takeaways

  • According to Fortune India’s list of “India’s Richest” for 2022, the combined fortune of 142 billionaires in India is approximately USD 832 billion 
  • Gautam Adani recently surpassed all other Asian wealthiest people
  • Mukesh Ambani, the chairman of Reliance Industries, has also seen his fortune grow
  • In April 2021, the Group became the third Indian corporation to surpass USD 100 billion in total market valuation.
  • According to fortune India’s rich list, Ambani is presently worth 94.57 billion dollars, making him the 2nd person in Asia.

Insights of Fortune India Rich List 2022

  • Gautam Adani recently surpassed all other Asian wealthiest people. Bill Gates, as well as Warren Buffett, were then left in his wake. After this, the dominance among the top ten wealthiest people remained growing.
  • Elon Musk, CEO of Tesla, has a total wealth of USD 253 billion, trailed by French billionaire Bernard Arnault, with a combined wealth of USD 154.9 billion.
  • Mukesh Ambani, the chairman of Reliance Industries, has also seen his fortune grow. His net worth has risen from USD 2.3 billion – USD 94.6 billion. With all this, he has risen from ninth to eighth place on the list.
  • When it comes to another billionaire, Bill Gates ranks sixth, having USD 106 billion, while Warren Buffett ranks seventh with USD 96.4 billion.
  • Aside from that, Larry Page ranks ninth with a total wealth of USD 91.9 billion, while Sergey Brin ranks tenth with a net value of US dollars 88.1 billion.

According to the Fortune India Rich List 2022, India's Top Ten Richest People

RankName
1.Gautam Adani
2. Mukesh Ambani
3. Shapoor Mistry and Cyrus Mistry family
4. Radhakrishna Damani
5. Azim Premji
6. Cyrus S. Poonawalla
7.Shiv Nadar
8.Kumar Mangalam Birla
9.Adi Godrej Family
10.Shekhar Bajaj, Neeraj Bajaj, Rajiv Bajaj and Sanjiv Bajaj

Gautam Adani has become the third richest person in the world.

According to Forbes’ real-time billionaire’s list, Gautam Adani, Asia’s richest man, has eclipsed Amazon CEO Jeff Bezos to become the world’s third-richest person. Gautam Adani recently became Asia’s richest person. Then he left Bill Gates & Warren Buffett behind. Following it, his dominance on the list of the top ten billionaires grew. When comparing the wealth of the world’s third richest person, Gautam Adani, with the fourth richest person, Jeff Bezos, there is a USD 12.1 billion gap in their total fortune.

Gautam Adani founded an Indian multinational business in Ahmedabad in 1988. Adani Enterprises Limited was established as a commodities trading company. Its numerous industries include port management, airport operations, mining, electric power production and transmission, sustainable sources, natural gas, food processing, and infrastructure. The organisation operates in 70 locations throughout 50 nations. In April 2021, the Group became the third Indian corporation to surpass USD 100 billion in total market valuation.

About Mukesh Ambani

According to fortune India’s rich list, Ambani is presently worth 94.57 billion dollars, making him the 2nd person in Asia. During the COVID-19 epidemic, he nearly quadrupled his wealth – according to Forbes, his net worth was over $36 billion in 2020.

Jio Infocomm, Ambani’s telecom firm, has had a stratospheric ascent, claiming over 350 million users within the first 5 years after its start in 2015. According to the company’s most recent annual reports, Jio Infocomm had over 426 million members last year.

About Shapoor Mistry and Cyrus Mistry family.

The death of its youngest son Cyrus Mistry in a horrific car accident is a double tragedy for the 157-year-old multibillion-dollar Shapoorji Pallonji Group, which also lost its patriarch in late June.

The roughly $30 billion diversified firm, which controls 18.6% of the $130 billion Tata Group, was formed in 1865 as Littlewood Pallonji & Co. by the late senior Pallonji Mistry (Cyrus’ great grandpa).

About Radhakishan Damani

Radhakishan Damani’s dad used to work on Mumbai’s famed Dalal Street; thus he wasn’t always wealthy and affluent. Radhakishan Damani began working in stock dealing and investing after his father died. Radhakishan Damani has an estimated net worth of $27.53 billion. Radhakishan Damani is an Indian business magnate and the country’s fourth richest person. He spent the majority of his early years on the stock market, where he learned and gained a lot. Radhakishan Damani is the co-founder & chairman of DMart.

About Azim Premji

Azim Premji, full name Azim Hasham Premji is an Indian business person who led Wipro Limited through 4 decades of expansion and diversification to become a global leader in the software industry. Premji was among the world’s wealthiest persons by the early twenty-first century. Azim Premji’s current net worth is 21.94 billion.

About Cyrus S. Poonawalla

Cyrus Poonawalla, (MD) Managing Director of the (SII) Serum Institute of India, is the world’s wealthiest healthcare billionaire. The ‘Vaccine King’ increased his net worth by 41% in 2021, making him the fourth richest person in India. Cyrus Poonawalla’s current net worth is $20.42 billion.

About Shiv Nadar

Shiv Nadar founded HCL Enterprise, an $11.8 billion worldwide enterprise with approximately 211,000 employees in 52 countries. In addition, he serves as Chairman Emeritus and Strategy Advisor to the Board of HCL Technologies, a major business and India’s third largest IT services firm. Nadar is regarded as one of the ancestors of India’s computing and information technology industries. Shiv Nadar’s current net worth is 19.73 billion.

About Kumar Mangalam Birla

Sir  Mangalam Birla is still the Chairman of Aditya Birla Group, an Indian multinational with operations in 36 nations on six continents.

He was the architect of the Group’s over Forty successful acquisitions in India and overseas, the most of any Indian multinational. According to Forbes’ Annual Billionaire list, Kumar Birla’s net wealth is $19.25 billion.

About Adi Godrej Family

Adi Godrej is the chairman of the Godrej Group and the 3rd generation of the Godrej family. The family’s total net worth is presently close to $17.60 billion. Godrej is a multinational corporation that operates in property investment, industrial engineering, security goods, and other areas. Ardeshir & Pirojsha Godrej formed the firm in 1987 and has since grown to become one of India’s top prominent corporations.

About Shekhar Bajaj, Neeraj Bajaj, Rajiv Bajaj and Sanjiv Bajaj

The firm is currently managed by the Bajaj family council, which comprises brothers Shekhar, Madhur, and Niraj, as well as Rahul Bajaj’s sons Rajiv and Sanjiv. The group’s aggregate market value has increased due to its emphasis. Their net worth, according to fortune India, is $ 15.21billion.