Whenever there is a list of richest people in the world everyone is interested to know about their life story and how they came up with the position that they are today. These stories are always inspiring and motivate most of the people to be like them one day.
These people are looked up at by many of the youngsters and they might also walk in the same footsteps as them. Their life is always seen as inspiring and motivational by most of the people. Here’s the list of top 10 richest people in India as of 2018:
Table of Page Contents
10. Gautam Adani
Gautam Adani is that the 10th position of this list with the net worth of $7.0 Billion. He was born in the year in the state of Gujarat. He was born to Shantilal and Shanta Adani. He has seven siblings and all of them were brought up in Gujarat. Gautam Adani completed his schooling at Sheth Chimanlal Nagindas Vidyalaya and graduated with a commerce degree from Gujarat University. After that, he started his career as a diamond sorter.
He opened his own diamond brokerage after he has saved up enough money from working as a sorter. He went on to become a millionaire in the first year after he opened his own business. He went on to become successful every year after that. He went on to open his own plastic factory along with his older brother. Adani later started importing raw materials to produce plastic and that helped him to earn more money and climb the ladder of success.
To quit the diamond business and getting into producing plastic was considered risky by many but he is known for his risk-taking skills and one can clearly see that it has worked out well for him. Gautam Adani makes most of his wealth because of his owned company the Adani Group. Currently, he looks after the gas distribution and mining of coal. For a person who is a businessman of the first generation, he makes billions of dollars which are very impressive. The Adani Group employs thousands of people.
09. Kumar Birla
Kumar Birla is at the ninth position of this list of Top 10 richest person in India with the net worth of : $7.8 Billion. He was born in the year 1967 in the state of Rajasthan. He hails from a family which is known to have the richest past in the whole of India. The line of business only started in his family a few generations before Kumar Birla himself. He was also keen on continuing his family’s business and he did his major in accounting from the University of Mumbai. He further continued his studies at London Business School for obtaining an MBA.
The Aditya Birla Group known as the biggest multinational in India was chaired by Aditya Birla. After his sudden demise in 1995, it was taken over by Kumar Birla at the age of 28. As he joined the company he took the company to higher heights. He turned the company from $2 billion to $40 billion. With his effective skills, he expanded the business to other countries like Thailand and Egypt. Kumar successfully turned the company as the third largest multinational company in India.
With his skills as a business man and all around effective leader, Kumar began expanding the company to earn revenue abroad, by expanding the business to countries like Thailand and Egypt. Because of his outstanding skills, he turned his father’s business into the third largest group in India. Recently he was elected as the Chairman to the board of Governors.
08. Cyrus Poonawalla
At the eight position is Cyrus Poonawalla with the net worth of $8.5 billion. He was born in 1985. He hails from a family with love for horse racing. His family owns a lot of farms and one of their foremost farms is named as Poonawalla Stud Farms. But he decided to explore a different field and for him it was medicine. He studied at Brihan Maharashtra College and in the year 1966 he graduated and he got his Ph.D. after 20 years. In those 20 years, he produced vaccines to aid children from various fatal diseases. He received Padma Shri for his contribution in the field. Poonawalla Group owns various biotech industries in India. Poonawalla is the chairman of the Poonawalla Group.
07. Lakshmi Mittal
At the seventh position of this list is Lakshmi Mittal with the net worth of $11.2 billion. He was considered as the 6th richest person till his net worth dropped. He was born in the year 1950. He was born to a once prominent steel company businessman, Mohan Lal Mittal. He got a bachelors degree in Commerce from the University of Calcutta. In the year 1976 in Indonesia, he began his own steel company. He is known as a leading supplier in India for sheet steel. He has his business around the world. He is the CEO of the company ArcelorMittal located in the UK. He opened a Mittal Champions Trust to support the athletes of India.
06. Godrej Family
At the sixth position is the Godrej family with the net worth of $11.4 billion. Godrej is a huge multinational producing consumer goods, agricultural products, industrial engineering, real estate. This group is managed by three members of this family. The founders of this group Ardeshir and Pirojsha Burjorji Godrej who founded this company back in 1897. Their descendants Adi Godrej, Nadir Godrej and Jamshyd Godrej. In 1897 they started as a company producing locks for the then crime stricken place of Bombay. They started off with locks and have now reached to this position of producing varied materials for the people.
05. Shiv Nadar
At the fifth position is Shiv Nadar with the net worth of $12.9 billion. He was born in the state of Tamil Nadu in 1945. He was an intelligent kid and went to the Town Higher Secondary School and got his pre-university degree from The American College. Later he studied and got his degree in Electronics and Electrical Engineering from Coimbatore’s PSG College of Technology. After his graduation, he landed a job but he then decided to open up his own business with many of his friends.
They started with making calculators and the company was named Microcomp. He went on to create his business; HCL Technologies. He got most of his wealth from his own company. He shifted his focus on contributing to educational departments. He founded an engineering college called SSN College in the year 1996. He has received many governor awards and contributes to making the life of the young generation beneficial.
04. Pallonji Mistry
At the fourth position is Pallonji Mistry with the net worth of 14.7 billion. He was born in the year 1929. The shares his father got from the Tata Sons were passed to Pallonji after his father’s demise. This made him the major shareholder in the multinational company. Apart from that he also owns one of the largest business which looks after real estate and construction called Shapoorji Pallonji Group. They are known for building banks like Reserve Bank of India, Hong Kong Bank, and Gridley’s Bank. They also started affordable homes for people. He has a citizenship of Ireland and married an Irish woman.
03. Azim Premji
At the third position is Azim Premji with the net worth of $16.5 billion. He was born in the year 1945. His father Mohamed Premji started a business in manufacturing vegetable products the same year Azim was born. Azim interest inclined more towards engineering than business. He attended Stanford University and got a BSc in Electrical Engineering. After his father’s demise, he continued with producing vegetable products.
He also started producing hydraulic and soap after taking over. After 20 years, he decided to give his father’s company another name Wipro and started by manufacturing microcomputers. He later ditched his father’s original products of manufacturing and started manufacturing hardware for computers. He has joined other billionaires and contribute most of his money for the assistance of other people.
02. Dilip Shanghvi
Dilip Shanghvi is at the second position of this list with the net worth of $17.5 billion. He was born in the year 1955 Amreli in Gujarat. He has been to many schools during his schooling years. He got his degree in commerce from the University of Calcutta. After that Dilip decided to join his father’s drug company. He then decided to open his own company to manufacture and sell drugs which were called Sun Pharmaceuticals. He earned most of his success with the help of his own successful business venture. Till today it is the largest drug company in India. He also owns Caraco Pharma in the United States. Both of these company started off as extremely poor and are known to be very successful.
01. Mukesh Ambani
At the top of the list is Mukesh Ambani with the net worth of $22.3 billion. He is known to be one of the richest men in Asia. He was born in the year 1957 to Dhirubhai Ambani and Kokilaben Ambani in Yemen. He was earlier interested in studying chemicals and after graduating he studied from Institute of Chemical Technology and got a degree in Chemical Engineering. Later on, he went to Stanford University and dropped out of his MBA and joined his father in his business.
In the year 1980, they wanted to apply for licensing to set a polyester manufacturing plant. After getting accepted they opened a company and that was originally known as Reliance Infocom Ltd. Now it is known as Reliance Communication Ltd. It is now known as a valuable company dealing with petrochemicals in the gas and oil sector. He is known to be a successful business with effective leadership skills and he receives many awards from various organizations from around the globe.
This list of the richest people in India 2018 to be updated with which businessmen and the companies have been doing and how they are an aid to the society and how they help towards the betterment of the society and especially of the people in need.