Top 10 Business Tycoons (2020) Which are Ruling in India By Prem Sardana 0 0 India is considered by many as being one of the developing countries worldwide. There are a number of reasons which has made India to be considered as a poor nation. When it comes to riches and spending, India is no way far behind when compared to other countries. Most people like spending it does not matter if they are spending on expensive shoes or dresses that they have been dreaming of having for a long time or just that great meal in that fancy hotel. However, most of us need to think at least two times before splashing out a high amount of money since we do not have the money but we know deep inside our heart that we are too cheap for this. We do have different Business tycoons meaning. We do have a few individuals in India that are quite blessed or due to their hard work have lots of money with them and they own multi-billion worth of businesses. Below is a list of top 10 business tycoons in India. 1. Mukesh Dhirubhai Ambani Source: Yahoo Mukesh Dhirubhai Ambani’s main source of wealth is oil, gas, and petroleum. His main residence is in Mumbai, India and he has a bachelor of science in Engineering. His network is estimated to be $52.5 billion. He is the chairman of the Reliance Industries and its largest shareholder. Reliance Industries Limited is a company that deals with anything that you can think of from petroleum to food to anything. Mukesh is the game changer is most of the business ventures. He does live like a king together with his family in Antilla which is the world’s most expensive residential property. The palace does house a single-family and a staff amounting to six hundred people. Wealth Status: 5,210 crores USD Rank as Richest person: 1st in India, 10th in the worldResidence: Antilia, Mumbai, Maharashtra, IndiaAge: 61 2. Azim Premji Source: Livemint Azim has ventured into software services. His residence is at Bangalore in India and he has a bachelor in Arts and science from Stanford University. His worth is $81 billion. Azim is the chairman and founder of Wipro Limited and he is also a philanthropist. He was considered to be one of the richest people in India especially from 1995-2005 and was among the most popular faces that were behind the development of the information technology industry in India. Azim is said to be a net worth of approximately 86,000 crores. According to Forbes, he is the 61st richest person in the world. Net worth: 510 crores USD Rank as Richest person: 2nd in India, 61th in the world Residence: Bangalore, Karnataka, India Age: 73 3. SP Hinduja Source: IndianBil;gates Hinduja is 82 years old and has a diversified main source of wealth. He is married with his main residence being London, United Kingdom. He has a bachelor in Arts and Science from Stanford University and has a real-time net worth of $17.9 billion. At the age of 80 years, SP Hinduja was said to have a net worth of 72,000 crores and is one of the oldest business people who is still making it big in the business industry. He heads the Hinduja Group Company that comprises of a strong team working behind the surface. Net worth: $18 billion Rank as Richest person: 3rd in India, 65th in the world Residence: London, England, UKAge: 82 4. Lakshmi Mittal Source: Moneycontrol Lakshmi Mittal interest is in the steel industry. He is married and has his residence in London, UK. He has a bachelor in Arts and Science from St Xavier’s College Calcutta and is real-time net worth is estimated to be at $17.8 billion. Lakshmi Mittal is popularly known as the steel king of India. At 65 years old he was already the chairman and CEO of ArcelorMittal. ArcelorMittal is considered to be among the largest steel-making companies globally. He is known to have a net worth of 97,000 crores and does hold 38% shares of his company. Net worth: 1,140 crores USD (2019) Rank as Richest person: 4th in India, 65th in the world Residence: London, England, UKAge: 68 5. Pallonji Mistry Pallonji Mistry has his main source of wealth in the construction industry. His main residence is in Mumbai in India. He is married and his real-time net worth is estimated to be $20.1 billion. Pallonji Mistry is a tycoon in the India construction company and heads the popular Shapoorji Pallonji Group. He is also one of the main shareholders in the Tata Group. He also owns Eureka Forbes Limited and Forbes Textiles. Although he did give up his Indian citizenship for Irish citizenship back in 2003, he still continues to contribute a big percentage to the development of India. Net worth: 1,620 crores USD (2019) Residence:Malabar Hill, South Mumbai, India Age: 89 6. Shiv Nadar Shiv Nadar ventures into the Software services industries. He is married and has his residence in Delhi, India. He had a bachelor in arts and science from the PSG College of technology. He has a real-time net worth of $14.4 billion. Shiv Nadar is said to be worth 78,000 crores and is considered to be the second most successful software technology entrepreneur after Azim Premji who also made it to our list of the top 10 business tycoons in India. Shiv Nadar is the founder of HCL and did make his name in the Information Technology department. He is a philanthropist and did start the Shiv Nadar charity foundation which aims at supporting children’s education across the country. His efforts together with his foundation in the Information Technology field did result in him winning the Padma Bhushan award back in 2008. Many people do refer to him as Magnus for his excellent contribution to the economy of India. Wealth Status: 1,460 crores USD Rank as Richest person: 6th in India, 82th in world Residence: New Delhi, IndiaAge: 73 7. Kumar Mangalam Birla Source: Livement Kumar Mangalam Birla is 73 years old having his main source of wealth in software services. He is married and has his residence in Delhi, India. He has a Bachelor of Arts and science from the PSG College and he is considered to be a real net worth $10.6 billion. He is popularly known for heading the Aditya Birla Group and does have a very dynamic personality that did land him the Commodities King title. At 50 years old, he was already 61,620 crores which made him come 6th in our list. Wealth Status: 1,180 crores USD Rank as Richest person: 9th in India, 122th in world Residence: Mumbai, India Age: 73 8. Dilip Shanghvi Source: Businessworld Dilip Sanghvi is 62 years old and has his main source of wealth in the pharmaceutical industry. He is married and has his main residence in Mumbai. He has a bachelor’s degree in Arts and science from Calcutta University. He has a real-time net worth of $12.2 Billion. He is the founder of Sun Pharmaceutical Industries Limited and does have a staggering net worth of 1, 29,000 crores. Sun Pharmaceutical Industries Limited is currently ranked as the number one drugmaker in India. He is also a self-made billionaire who has managed to help his country achieve the current height which no other company in India has managed to achieve. Net worth: 670 crores USD Source: Pharmaceuticals Residence: Mumbai, India Age: 62 9. Gautam Adani Gautam Adani has his main source of wealth in infrastructure and commodities. He is married and does have his main residence in Ahmedabad, India. He is net worth $11 billion. He currently heads the Adani Group which has really made it bid in India and is considered to be one of the largest coal brand companies in the whole country. The company is also considered to be the largest edible oil brand is among the largest investors in Australia. Net worth: 1,170 crores USD Source: Commodities, Ports Residence: Ahmedabad, India Age: 56 10. Sunil Mittal Sunil Mittal’s great interest is in the telecom industry and is also self-made. He is married and does have his main residence in Delhi, India. He has a bachelor in arts and science from Punjab University and he is net worth $7.4 billion. He is also the chairman and CEO of Bharti Group that is considered to be among the most successful agrochemical companies in India. Sunil Mittal is known to have a great charming personality. Net worth: 810 crores USD Source: TelecomResidence: Delhi, India Age: 60 Conclusion The top business tycoons in India we have listed above are all known to have great personalities and are quite resilient when working towards their goal. Although there are some who can contribute luck on the tycoons, it is clear that they did work hard in their entire lives to achieve what they have achieved and they are still working hard in order to maintain their status in the country.