Thursday, January 26, 2023
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10 Best Business Tycoon in India

Best Business Tycoon in India

By creating a prominent wealth, an individuals who has amazed the industry is what we called them a business tycoon. India is often considered to be a poor country while comparing to others. But as time passed the country has made its name among many, it is no more the lowest country in terms of wealth and achievers. This is where you will be able to monitor the Top 10 Business Tycoons In India who has a great number of wealth and running businesses. Contributing to the economy, they have been making a name in the business industry over years. With the help of economic prominence, many business people are playing with different industries.

There are a number of business that you can run, all it takes a huge effort and strategy to work upon. Not only the ideas, but it also requires dedicated manpower. With complete dedication and power, one will be able to reach the height. Among many top wealth creators, CEO Review Magazine has found the Top 10 Business Tycoons In India who has made a name to different industries.

List of 10 FAMOUS Business Tycoon in India 2022 (Updated):

# 1 Gautam Adani (US$50.3 billion)

No 1 Business Tycoon in India
Image Source: Wikipedia

No 1 Business Tycoon in India, Gautam Adani has a net worth of $50.3 billion as of March 2021. He is the chairman and founder of the Adani Group which is an Indian multinational conglomerate company headquartered in Ahmedabad, Gujarat. The group deals in port development and operations in India.

It also has interests in coal mining and trading, minerals, power generation, oil and gas exploration, logistics, real estate development, food and agro-processing, defense, and aerospace. In 2016, Adani was ranked India’s Most Admired Business Leader in a poll conducted by Business World magazine.

In 2017, he was ranked 37 on the Forbes list of The World’s 100 Most Powerful People. He is also the chairman of the board of directors of Mundra Port and Special Economic Zone Limited (MPSEZ), one of the largest private multi-port operators in the world.

As of December 2020, Adani Ports & SEZ Limited (APSEZ), a subsidiary of the Adani Group, operated a total of 12 ports across Gujarat, Goa, Kerala, Tamil Nadu, Odisha and Andhra Pradesh with a capacity to handle more than 700 million tonnes per annum (MTPA) of cargo. In December 2020, APSEZ acquired L&T’s Kattupalli Port near Chennai for ₹6115 crore ($834 million). The Adani group also owns India’s first privatized container terminal at Mumbai Port known as JNPT SEZ Container Terminal (NSCT).

Gautam Adani is a Business Tycoon in India and the Business Magnate of the Adani Group. He was born on 24th June 1962 in Ahmedabad, Gujarat. His father’s name is Shantilal and his mother’s name is Late Pramilaben Adani. His schooling was done in Sheth Chunilal Lalidas Vidyalaya and he graduated in Bachelor of Commerce from Gujarat University.

He also did his Masters’s in Business Administration from Northern Illinois University DeKalb, USA. After returning to India, he started working with Mahindra Brothers as a commodities broker. Later, he started his own business with a capital of just Rs 10,000 given by his elder brother Vinod Adani. He started an export trading company called ‘Adani Exports Ltd’ which became one of the leading players in commodities trading.

The company was renamed as ‘Adani Enterprises Ltd’ in 2006. Today, the Adani Group has interests in coal mining, power generation, oil and gas exploration, ports, logistics and edible oils. The group’s revenues have grown from Rs 3770 crore in 2007-08 to Rs 74,500 crore in 2017-18. Gautam Adani is married to Meena Adani and they have two children – Karan & Parth Adani. His net worth is estimated to be around $15 billion as on 2020.

#2 Mukesh Ambani (US$50 billion)

top 10 Business Tycoons in India
Image Source: Wikipedia

Mukesh Ambani is a Business tycoon and one of the richest people in India with a net worth of over US$50 billion. He is the chairman, managing director, and largest shareholder of Reliance Industries Ltd., a Fortune 500 company and India’s most valuable company by market value.

Ambani owns shares in numerous Indian and foreign companies, including Eicher Motors, Reliance Communications, Reliance Infrastructure, Hindustan Unilever Limited, Reliance Capital, Reliance Power, and has strategic investments in diverse businesses such as retail, telecommunications, technology, media, construction & textiles.

In 2012, he was elected as the chairman of the board of directors of Bank of America. In 2016, he was awarded the Padma Vibhushan, India’s second-highest civilian award for his contributions to the field of trade and industry. He has also been honored with the Forbes Businessman of the Year Award multiple times.

# 3 Shiv Nadar (US$15.3 billion)

Business Tycoon
Image Source: Wikipedia

Shiv Nadar is an Indian business magnate and philanthropist. He is the founder of HCL and Shiv Nadar Foundation. As of March 2020, his net worth is US$15.3 billion.

Nadar was born in 1945 in Tamil Nadu, India. He studied electrical engineering at the Indian Institute of Technology, Madras. He founded HCL in the 1970s and transformed the IT hardware company into an IT enterprise over the next three decades by constantly reinventing his company’s focus. Nadar has been credited as the pioneer of the information technology outsourcing industry in India.

In 2008, Nadar was awarded the Padma Bhushan, India’s third-highest civilian award, for his contributions to the field of information technology. In 2011, he was conferred the honorary degree of Doctor of Science by the University of Madras. Nadar is also a recipient of the Carnegie Medal of Philanthropy.

#4 Azim Premji (US$7.1 billion)

Business Magnate
Image Source: Wikipedia

Azim Premji is an Indian business tycoon, investor, and philanthropist. He is the chairman of Wipro Limited. As of March 2020, his net worth is US$7.1 billion.

Premji was born in 1945 in Bombay, India. He studied electrical engineering at Stanford University, but dropped out in 1966 to return to India following the death of his father. He took over as the chairman of Wipro in 1966 and transformed the company from a manufacturer of vegetable oil into an information technology powerhouse.

Under Premji’s leadership, Wipro became one of the first Indian companies to be listed on the New York Stock Exchange. Premji has been widely lauded for his business acumen and philanthropy. He was conferred the Padma Bhushan, India’s third-highest civilian award, in 2005. In 2010, he was ranked by Forbes magazine as the 36th most powerful person in the world.

#5 Cyrus Poonawalla (US$7.6 billion)

top 10 Business Tycoons in India
Image Source: Wikipedia

Cyrus Poonawalla is an Indian billionaire businessman, philanthropist, and chairman of the Serum Institute of India. As of March 2020, his net worth is US$7.6 billion.

Poonawalla was born in 1944 in Mumbai, India. He studied microbiology at Grant Medical College, Mumbai. He founded the Serum Institute of India in 1966, which is today the world’s largest manufacturer of vaccines.

Poonawalla has been awarded the Padma Shri, India’s fourth-highest civilian award, and the Legion d’Honneur, France’s highest civilian award. He is also a recipient of the Carnegie Medal of Philanthropy.

#6 Uday Kotak (US$16.2 billion)

No 1 Business Tycoon in India
Image Source: Wikipedia

Uday Kotak is an Indian billionaire banker and the founder, managing director, and chief executive officer of Kotak Mahindra Bank. As of March 2020, his net worth is US$16.2 billion.

Kotak was born in 1953 in Mumbai, India. He studied accounting and finance at the Jamnalal Bajaj Institute of Management Studies. He started his career as a stockbroker in Mumbai in 1980. Kotak founded Kotak Mahindra Finance Limited in 1985 and transformed it into a leading financial services conglomerate over the next three decades.

#7 Ratan Tata (US$1 billion)

top 10 Business Tycoons in India
Image Source: Wikipedia

Ratan Tata is an Indian industrialist, philanthropist, and former chairman of the Tata Group. As of March 2020, his net worth is US$1 billion.

Tata was born in 1937 in Mumbai, India. He studied architecture and engineering at Cornell University and Imperial College London. He joined the Tata Group in 1962 and took over as the chairman of the conglomerate in 1991. Under Tata’s chairmanship, the Tata Group acquired some of the world’s leading companies, including Jaguar Land Rover and Corus Group.

Tata has been honored with several prestigious awards, including the Padma Vibhushan, India’s second-highest civilian award, and the Legion d’Honneur, France’s highest civilian award. In 2010, he was ranked by Forbes magazine as the 38th most powerful person in the world.

#8 Dilip Shanghvi (US$17.8 billion)

Business Magnate
Image Source: Wikipedia

Dilip Shanghvi is an Indian billionaire businessman and the founder of Sun Pharmaceuticals. As of March 2020, his net worth is US$17.8 billion.

Shanghvi was born in 1955 in Amreli, Gujarat, India. He studied pharmacy at the J.S.S. College of Pharmacy, Mysore. He started Sun Pharmaceuticals in 1982 with just US$200. Today, it is India’s largest pharmaceutical company with a turnover of over US$4 billion.

Shanghvi has been honored with several prestigious awards, including the Padma Shri, India’s fourth-highest civilian award. In 2016, he was ranked by Forbes magazine as the 48th richest person in the world.

#9 Kishore Biyani (US$2.6 billion)

Business Tycoon
Image Source: Wikipedia

Kishore Biyani is an Indian billionaire businessman and the founder of Future Group. As of March 2020, his net worth is US$2.6 billion.

Biyani was born in 1961 in Mumbai, India. He studied commerce at the Narsee Monjee College of Commerce and Economics. He started his career as a fabric salesman and later went on to establish the Future Group, which is today one of India’s leading retail conglomerates.

Biyani has been honored with several prestigious awards, including the Ernst & Young Entrepreneur of the Year Award and the Retail Icon of the Year Award. In 2015, he was ranked by Forbes magazine as the 97th richest person in India.

No 1 Business Tycoon in India
Image Source: Wikipedia

#10 Gautam Thapar (US$1.3 billion)

Gautam Thapar is an Indian billionaire businessman and the chairman and chief executive officer of Avantha Group. As of March 2020, his net worth is US$1.3 billion.

Thapar was born in 1954 in Mumbai, India. He studied economics at the University of Delhi and the University of Pennsylvania. He started his career at Hindustan Unilever Limited, where he worked for six years. He later joined the Avantha Group and took over as the chairman and chief executive officer in 2000.

Thapar has been honored with several prestigious awards, including the Ernst & Young Entrepreneur of the Year Award and the Padma Bhushan, India’s third-highest civilian award.

Who was The Top 10 Business Tycoons In India 2021?

To gander the Top 10 Business Tycoons In India let us look at their business, wealth, and all contributions they have made.

To be at the top does not require luck, it also works along with hard work and dedication.

  1. Mukesh Ambani

With today’s wealth (2021) status of about 5,210 crore USD, Mukesh Dhirubhai Ambani is a well-known business tycoon in India. We all know him in the industry of oil, gas and petroleum.

From petroleum to food, he is chairman of Reliance Industries. We all have vehicles and the well-known petrol industry we can think of is Reliance industries.

He has been contributing toward his business for a long and has been able to make a name in various cities. With the help of his venture, he is living a luxurious life. with hundreds of workers all around he is the big name in the industry.

  1. Azim Premji

Azim Premji has a net worth of 510 crores USD is one of the richest people. With the development of information technology in India. When there was research made according to Forbes, he was among the 61st richest person in the world.

  1. SP Hinduja

With a net worth of about, 72,000 crores SP Hinduja is making a continuous growth among various industries. He manages the overall Hinduja Group at the age of 80. Being a prominent leader and business tycoon he is seeing to continue increasing his wealth.

  1. Lakshmi Mittal

With its residence in the UK, London Lakshmi Mittal is the owner of the steel industry. As of 2019, he is known to be associated with a wealth of around 1,140 crores USD. He is popularly known as the king of the steel industry and considered among the Top 10 Business Tycoons In India.

Lakshmi Mittal is an Indian steel magnate. He is the chairman and CEO of ArcelorMittal, the world’s largest steelmaking company. As of March 2020, his net worth is US$16.9 billion.

Mittal was born in 1950 in Uttar Pradesh, India. He studied metallurgical engineering at the Indian Institute of Technology, Delhi. He started his career working in the family’s steel business in India. In 1976, he set up his own steel company, Ispat Industries, in Indonesia.

  1. Pallonji Mistry

The construction industry has always been on top, Pallonji Mistry is a big name with a worth of about 1,620 crores USD. He is the head person of Shapoorji Pallonji Group. Along with this, he is the shareholder of Tata Group.

Also Read: SUCCESS STORY OF VIVEK BINDRA

  1. Shiv Nadar

Wealth status of about 1,460 crores USD, after Azim Premji he is the second most highlighted business person into the software industry. By making his name into the IT sector, he is a known person. You must have heard about HCL and dream of working in it.

With this, he is the founder of HCL, along with this he also supports various charities for children all around.

  1. Kumar Mangalam Birla

Kumar Mangalam Birla is an energetic person, holding a wealth of 1,180 crores USD. With his work, determination and will power he is heading Aditya Birla Group and one of the people whom we refer to as the commodity king.

  1. Dilip Shanghvi

Man of 62 years old rolling over the pharmaceutical industry, Dilip Shanghvi is the founder of Sun Pharmaceutical Industries Limited. With a net worth of 670 crores USD to the industry of about 1, 29,000 crores. Among the pharma industry, his industry is ranking one. With this, you can rely on Sun pharma to offer you the number one drugs.

  1. Gautam Adani

In the field of infrastructure and commodities, he is heading Adani Group. He holds a net worth of about 1,170 crores USD. The company is called the largest edible oil brand investor in Australia. Being the owner of the largest brand company, Gautam Adani also falls in the Top 10 Business Tycoons In India

  1. Sunil Mittal

A self-made and telecom industry owner, Sunil Mittal is the wealth holder of about 810 crores USD. Through his intelligence and charming personality, he is heading the Bharti Group.

Also Read: Top 10 IT companies in India

The Bottom Line

Through their great contribution, the above listed Top 10 Business Tycoons In India holds a great wealth. They have made their name in their respective industry. To make an impact it all requires a positive intention and mind and this is what these business tycoons hold.

 

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