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In other words
- Indians on the Forbes list had a cumulative net worth of $954 billion
- Their overall wealth rose 41% from the previous year’s $675 billion
- Wealthiest Indian Mukesh Ambani was ninth on the worldwide list
Forbes launched its list of ‘World’s Billionaires’ for 2024 on Wednesday, which included 200 Indians, up from 169 in 2015.
Indians on the list generated a shocking $954 billion, marking an exceptional 41% boost in their wealth from the previous year’s $675 billion held by 169 billionaires.
Out of the 200 Indians on the list, 25 included on it for the very first time.
Renuka Jagtiani
Renuka Jagtiani, with a net worth of $4.8 billion, functions as the chairperson and CEO of Landmark Group, an international customer corporation in Dubai established by her late partner, Micky Jagtiani, in May 2023. Under her management, Landmark Group utilizes over 50,000 individuals.
Ramesh Kunhikannan
Ramesh Kunhikannan has a net worth of $1.2 billion. Kunhikannan is the creator and handling director of Kaynes Technology, an electronic devices maker based in Mysore. Developed in 1989, Kaynes specialises in putting together printed circuit boards and runs 8 factories throughout India, providing 350 customers worldwide in the automobile, aerospace, and medical markets.
Kabir Mulchandani
Kabir Mulchandani is the owner of FIVE Holdings, a Dubai-based realty company distinguished for its high-end celebration hotels and resorts throughout the Middle East, Spain, and Switzerland. His net worth is $2 billion. Mulchandani developed the business in 2011 and plans to release it on the Dubai stock market in 2025. Initially from Mumbai, he at first operated in his household’s customer electronic devices organization before moving to Dubai in the early 2000s to pursue financial investments in realty.
Ramesh Jaisinghani
Ramesh Jaisinghani’s net worth is $1.6 billion, and he obtains his fortune from his stake in Polycab India, a business specialising in electrical wires and cable televisions. Established by his older sibling Inder as a trading company in 1986, Polycab now provides a vast array of items, consisting of power cable televisions, solar cable televisions, and optical fiber cable televisions, to markets such as power, oil and gas, and renewable resource. In 2014, Polycab broadened its line of product to consist of electrical fans, LED lighting, changes, and switchgear, ultimately going public in 2019.
Onkar Kanwar
Onkar Kanwar, with a net worth of $1.4 billion, functions as the chairman of Apollo Tyres, a business specialising in producing tires for cars and trucks, trucks, farm automobiles, and two-wheelers. The business offers its items under the Apollo and Vredestein brand names throughout India, Europe, and Asia. Kanwar presumed control of the business in 2002 after a public disagreement with his late dad, Raunaq Singh, who established the business in 1976.
Naresh Trehan
Naresh Trehan, the creator of the Medanta healthcare facility chain, has a net worth of $1.4 billion. He started his journey in 2007 with a single healthcare facility in Delhi. Functioning as the chairman, handling director, and primary heart cosmetic surgeon at Medanta, he directs a varied range of specialised services including cardiology, neurology, oncology, and over 30 other specialities. The Medanta network has actually because blossomed to include 5 health centers throughout North India, boasting over 2,700 healthcare facility beds.
The other individuals consisted of in the list for the very first time are Ajay Jaisinghani, Anil Gupta, Ramesh Kunhikannan, Vijay Agarwal, Girdhari Jaisinghani, Irfan Razack, Noaman Razack, Rezwan Razack, Shivratan Agarwal, Alpana Dangi, Naresh Jain, Shashishekar Pandit, Subbamma Jasti, Motilal Oswal, Kalpana Parekh, Lalit Khaitan, Nikhil Merchant, Pradeep Rathod, Mahaveer Prasad Taparia, and Shivratan Taparia.
Wealthiest Indians on Forbes List
Mukesh Ambani of Reliance Industries protected the position of India’s wealthiest with a net worth of $116 billion. He likewise ended up being the very first Asian to sign up with the $100-billion club, while being the ninth wealthiest in the international rankings.
Gautam Adani, with a net worth of $84 billion, protected the 2nd position. Following him in the 3rd position was Shiv Nadar with a net worth of $36.9 billion.
Savitri Jindal, India’s wealthiest lady, was 4th on the list with a net worth of $33.5 billion. Dilip Shanghvi was available in at the 5th position with a net worth of $26.7 billion.
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