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Have a Look over Ten Richest Personalities of India

India, for centuries, has been famous for generating wealth using enterprise. Right from the ancient schedule, there have been countless wealth in India. In the 16th century, India and China-controlled about 40 percent of world trade. The Nizam of Hyderabad was supposed to be the wealthiest monarch in the world. One of the most priceless treasures globally, the Kohinoor diamond, was taken away by the Persian invader, Nadir Shah when he attacked India in the 18th century.

The diamond was a part of the famous Peacock Throne, taken to Iran and then, later on, was transported to Great Britain. With time, wealth permeated to different sections of society due to industry and commerce’s advancement, instead of the nobility. In present times, there are lots of billionaires in India. Now, let us encounter the top ten wealthiest people in India.

Mukesh Ambani

Whenever one thinks of billionaires in India, the first name that comes to the mind is Mukesh Ambani. Mukesh Ambani, the petrochemical giant Reliance Industries chairman, is worth 75.7 billion USD and is fifth on the global richest list. The company has steadily diversified into other areas, away from its core areas like petrochemicals and newer areas like telecom and retail. Reliance Jio is one of the pinnacle telecom networks in the country today, worth 20 billion USD.

Shiv Nadar

The founder and head of the IT conglomerate HCL Technologies, Shiv Nadar is 2nd on the list, with 16.5 billion USD. The company is a 23 billion USD firm and has a presence in more than forty-five countries worldwide. HCL Technologies is into both software and hardware.

Radhakishan Damani

Radhakishan Damani, the quintessential man with simple habits, is worth a staggering 15.1 billion USD. He has a rank of 110 on the list of wealthiest people globally. He is a stock market investor and is the founder of the giant supermarket store Dmart, which became public in 2017. Due to its fantastic business model, it has grown on to become one of the world’s most valuable supermarket chains. Its parent firm Avenue Supermarkets is much more profitable than its competitors, as per reports.

Gautam Adani

The poster boy of Indian entrepreneurship and one of the most successful rags to riches story. Gautam Adani started his journey as a diamond trader in Mumbai in 1978 and then found the Adani Exports Limited, which was later renamed as the Adani group in 1988. Today, he is worth an unbelievable 12.7 billion USD and is fourth on India’s wealthiest people. He has a rank of 139, on the most affluent people globally. He owns the largest port in India, the Mundra port, and has activities in various other businesses such as renewable energy power generation, commodities, and transmission, etc.

Cyrus Poonawala is one of the pioneers of the Indian pharmaceutical industry. He has a wealth of 11.8 billion USD. The Serum Institute of India was founded in 1966, and currently, it is the largest producer of influenza, polio, and measles vaccines. Now, the firm is also making two vaccines for COVID-19 and is leading the research in this field. He has a ranking of 150th in the list of wealthiest people globally.

UdayKotak

Uday Kotak is another big rags to riches story. He is an MBA by profession and initiated Kotak Capital Management Finance Ltd. The initial investment was approx 80000 USD. The company has grown to a massive financial services giant, having a net worth of 19 billion USD as of 2014. Kotak Mahindra Bank has grown to be the second-largest bank in India with over 1250 branches. Uday Kotak has total assets of 11.5 billion USD and is at the rank of 155th on the global richest list.

Sunil Mittal

Who can forget Bharti Airtel? The brand is synonymous with the telecom revolution in India. It is often said that had liberalization not happened in the 1990s, a company like Bharti Airtel would not have emerged. Sunil Mittal, the founder of this telecom giant, has assets of 11 billion USD. Bharti Airtel is one of the largest and the second-largest telecom company in the country. It operates in over eighteen countries, across Africa and Asia, and has almost 399 million customers. In 2016, Bharti Airtel had a revenue of 14.75 billion USD.

Lakshmi Mittal

The steel king, was once, one of the richest men in Britain, even eclipsing Her Majesty Queen Elizabeth. He holds the designation of Chairman and CEO of Arcelor Mittal and has an unbelievable worth of 9.4 billion USD. He is renowned for turning sick steel, making firms into very profitable companies. Just recently, he purchased the bankrupt Essar Steel, which was owned by the Ruia brothers. Today, he has a rank of 192 on the global rich list.

KumarBirla

The poster boy of one of the oldest business groups in India, Kumar Birla is the head of the Aditya Birla Group and has enviable assets worth 8.5 billion USD. He is the ninth richest person in India. The Aditya Birla Group is making cement, aluminum, and retail, financial services, and telecom.

Dilip Sanghvi

Dilip Sanghvi is another classic example of rags to riches story, worth a massive 8 billion USD. He is the creator of Sun Pharma, which is the largest maker of generic drugs. Besides, he has also put a lot of money in oil and energy ventures. He holds a rank of 240th position on the global rich list.

Conclusion

In this article, readers will get detailed information about the top ten wealthiest people in India.

Ellementry :

An Eco-Conscious Brand

Bringing joy and romance to mundane routine life with their handcrafted home ware products has been lifestyle brand Ellementry’s endeavour since its inception two years back. Their beautiful product line-up — which combines utility and beauty — includes tableware, furniture and lighting. What makes them more special is the fact that all of them are handmade; each imperfectly perfect, and unique. As Ellementry employs rural artisans for their products, every product showcases traditional handcrafted techniques with modern sensibilities.

What lies in the heart of every single product created at Ellementry are the materials — they are crafted from natural organic materials. The processes too ensure no harm to the environment. Moreover, every material used in the products is food safe; safe to serve in and safe to cook in. Always exquisitely crafted, their products are about harmonious living spaces that are in harmony with nature.

“Sustainability is at the heart of Ellementry,” says Ayush Baid, founder of Ellementry. We make terracotta products that are again a form of art that echo a life devoted to the ancient traditions of working in clay. Be it stoneware or earthenware, all are sourced from the earth, and when their use is over, they return to the earth. Not just this, we even recycle newspaper in our papier-mache unit to make beautiful handcrafted products.”

He further adds, “We’ve created an eco-mix by combining waste generated from factories like marble dust, wooden dust and old textile with recycled newspapers and other sustainable materials. Our surplus production is utilised by us for our meals and guests. For our display, photo shoots and set ups, we use all the waste and recycled wood that gets collected in the factories, giving them a new life. For example, during Christmas, we made Christmas trees made out of recycled wood and displayed it in all our stores.” For our furniture and kitchenware wood products, we mostly use mango wood, which is highly sustainable due to its cultivation as a fruit tree.

Our wax filled jars are multi-purpose once the wax is over and can be further used for different purposes. Moreover, we use recyclable cotton bags in our retail stores.

Along with creating sustainable products, Ellementry also maintains an eco-friendly workplace. Their office is not only surrounded by trees, they also encourage their neighbours and people in the locality by initiating plantation drives to reduce carbon footprints. Moreover, 70% of power they use in their office and workshops come from solar panels. Through rainwater harvesting, and by building a green house in the premises, they further contribute to saving the environment.

Top 10 famous women entrepreneurs in India

Over the past few decades, the face of women’s position in the Indian society has dynamically changed. There has been a drastic transformation in the world of professionalism when women have infiltrated into all phases of employment. They are now playing a prime role in boosting the Indian economy and have got success in many sectors where even men have fallen back. Here is a list of top 10 famous women entrepreneurs who have become a model of inspiration for every other woman out there.

1. KiranMazumdar Shaw: She is known as the wealthiest self-made women who is the founder of Biocon Limited. This biopharmaceutical firm emerged into the US market in 1978 and is probably the first company to be USFDA approved. In 2019, Kiran was the 54th richest person in India and has struggled a lot well enough to be fortunate to build up a deep R&D-based biotech firm.

2. Ritu Kumar: The famous fashion tycoon, Ritu Kumar began her fashion career in Kolkata initially with bridal wear and evening clothes. She put a lot of effort to acquire an international market base and gradually channelled her business in several cities like France and New York. The Indian government awarded her with the prestigious Padma Shree in 2013. She was known to receive a scholarship from Briarcliff College in New York, where she continued her career in Art History.

3. VandanaLuthra: The famous Indian businesswomen and also the founder of a demanded beauty brand VLCC, VandanaLuthra is also the chairperson of the Beauty and Wellness Sector Skill Council (BWSSC). VLCC initially began as a beauty and slimming service centre in 1989. Later, VLCC added other on-demand services such as full-body laser, grooming, hair build and dermatology services. The then President of India in 2013, Shri Pranab Mukherjee honoured her with Padma Shree. She is currently running an NGO called Khushi that offers free education and scholarship for the challenged and underprivileged.

4. Priya Paul: Priya Paul is the chairperson of ApeejaySurrendra Park Hotels. She is a successful women entrepreneur who is considered as one of the most influential women. She started working under her father as a marketing manager right after the completion of her studies. In 2012, she revised India’s most honourable award Padma Shri by the former Indian President at that time, Smt. PratibhaPatil.

5. IndraNooyi: The former CEO of PepsiCo, who is also the current board member of Amazon, IndraNooyi has also worked as a product manager at Johnson & Johnson. She later joined Boston Consulting Group as a strategic consultant. After joining Pepsico in 1994, and devoting a lot for the brand, she finally led herself as the company’s CEO from 2006-2018. She was made one of the Amazon’s board of directors in 2019.

6. FalguniNayar: She is the creator of the most top-rated beauty brand across the world, Nykaa. After devoting herself as an investment banker for 20 years with Kotak Mahindra, Falguni left it to get on with her dreams. Nykaa was started in 2012 and very soon the company listed more than 850 famous beauty brands along with 35 physical stores. According to Economic Times, she received the title “Women Ahead”. In 2014, her company made a partnership with Femina.

7. Aditi Gupta: Aditi is an author and co-founder of Menstrupedia. She along with her husband created a comic book to make every girl aware of menstruation. A website called menstrupedia.com was designed by her and by 2014, Menstrupedia made a partnership with Whisper India. In 2014, her comic book made a successful launch and it got translated into Spanish and Nepali.

8. Suchi Mukherjee: The founder and CEO of Limeroad, Suchi Mukherjee is a famous business entrepreneur. Her company Limeroad, sponsors online clothing and essential lifetime accessories. Her achievement knew no bounds. Business Today awarded her with the “Coolest start-up of the year” and she was also given the title of “Infocom Women of the Year”.

9. RadhikaGhai Aggarwal: With a marketing experience of over 15 years, Radhika is the co-founder and CMO of Shopclues.com. She has gathered experience in several fashion and lifestyle industries along with advertising and public relations. The company was founded in Silicon Valley in 2011. This e-Commerce business has become India’s largest fully managed marketplace with more than 7 million visitors per month.

10. Vani Kola: Vani Kola is a venture capitalist, founder and Managing Director of Kalaari. At about 22, in Silicon Valley, she founded 2 companies – RightWrok and Certus Software. She did a partnership with NEA (New Enterprise Associates) and by September 2012, Kalaari Capital was operating with a 150 million dollar fund. She won the TiE Delhi-NCR 5th Edition of women Entrepreneurship Summit Award in 2018. She has also received the NDTV Women of Worth award for her distinct entrepreneurship nature.