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THE COMBINED wealth of India’s 100 richest increased by $25 billion to reach $800 billion. The rise came despite a slight decline in the stock market from a year ago, with the biggest dampener being the weaker rupee, which fell 10 percent over the same period, Forbes data showed.
According to the Forbes 2022 list, infrastructure tycoon Gautam Adani has taken the top spot, followed by Mukesh Ambani who is second on the list.
Who are on the top ten list?
Gautam Adani: The gain was largely the result of a record feat by infrastructure tycoon Gautam Adani, who reshuffled the order at the top for the first time since 2008. According to the report, he tripled his wealth in 2021 and doubled his wealth this year to $150 billion and was a significant contributor. rise to the list of the 100 richest. He became the new number one and also, for a time, the second richest person on the planet.
Mukesh Ambani: The chairman of Reliance Industries, Mukesh Ambani is second on the list with a net worth of $88 billion. However, his wealth was reduced to 5 percent compared to the previous year. Adani and Ambani now together control 30 percent of the wealth of India’s 100 richest people.
Radhakishan Damani: DMart supermarket chain owner Radhakishan Damani made the top three for the first time, despite his net worth falling 6 percent to $27.6 billion.
Cirrus Poonawalla: The chairman of the world’s largest vaccine company, Serum Institute of India, Cyrus Poonavalla came in fourth place with a net worth of $21.5 billion.
Shiv Nadar: With a net worth of $21.4 billion, the chairman emeritus of HCL Technologies became the fifth richest person on the list.
Savitri Jindal: The Jindal Group, whose interests include steel, power, cement and infrastructure, is chaired by Savitri Jindal, widow of founder Om Prakash Jindal. She is ranked sixth on Forbes’ top 10 list. Her net worth is $16.4 billion.
Dilip Shanghvi: He founded Sun Pharmaceuticals in 1983 for the production of psychiatric drugs. His net worth is $15.5 billion.
Hinduja brothers: The Hinduja Group was founded in 1914 by Parmanand Deepchand Hinduja. It is currently controlled by four siblings, Srichand, Gopichand, Prakash and Ashok, and their combined wealth is $15.2 billion.
Kumar Birla: The chairman of textile and cement conglomerate Aditya Birla Group has a net worth of $15 billion.
The Bajaj Family: The 96-year-old Bajaj Group, best known for motorcycle maker Bajaj Auto and financial services arm Bajaj Finserva, is controlled by the Bajaj family. The net worth of the Bajaj family is $14.6 billion.
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