India's 100 richest got richer this year, with their cumulative wealth growing to a whopping $800 billion. The top 10 richest are worth a cumulative $385 billion; India's richest person has a net worth of $150 billion; richest woman has a net worth of $16.4 billion, and there are 9 women on the list. The cut-off to be on the list is $1.9 billion. India's youngest billionaire is 39, oldest 91.
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NOTE : This list was compiled using shareholding and financial information obtained from the families and individuals, stock ex-changes, analysts and India's regulatory agencies. The ranking lists family fortunes, including those shared among extended families such as the Bajaj and Godrej families. Public fortunes were calculated based on stock prices and exchange rates as of Sept. 23. Private companies were valued based on similar companies that are publicly traded. The list can also include foreign citizens with business, residential or other ties to the country, or citizens who don't reside in the country but have significant business or other ties to the country. The editors reserve the right to amend any information or remove any listees in light of new information.
In a year since the IPO, Nykaa has seen a drop in market cap, possibly owing to market sentiment. But with the recent positive quarterly result, analysts are betting big on the future of Falguni Nayar-led company
Through diversification and acquisitions, Sudhir and Samir Mehta have put the Torrent Group on a path of steady growth in pharma, power and gas sectors. Now, they are embarking upon newer horizons
Nuwal has made Solar Industries into a leading industrial and ammunition manufacturer. At 70, he debuts on the list of India's 100 richest, and he is looking to take giant strides in defence manufacturing
A weaker rupee impacted the majority of the richest but that was offset by Gautam Adani's record gain, which made him the new No 1
Being rebellious teaches you a thing or two about following your own path, challenging the status quo, and driving change. For over three decades at the Mahindra Group, Anand Mahindra has been doing just that
Ravi Modi has spun a small loan from his mother into a wedding wear empire, making the low-key entrepreneur one of India's newest billionaires
From malls to hotels, office parks to departmental stores, and more, the Rahejas have shown they have a keen sense of what makes real estate work, and that it helps to have extremely long-term orientation
It's not just evangelising a vision of inclusive India, but personally developing large chunks of the digital building blocks of that future
Only nine out of the 100 richest Indians in 2022 are women. Even globally, the number of female billionaires is not very promising in the face of continuing social, cultural and financial challenges