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All told, the world’s 500 richest people lost $1.4 trillion in the first half of 2022, a dizzying decline that marks the steepest six-month drop ever for the global billionaire class. The Bloomberg Billionaires Index is a daily ranking of the world’s richest people. The other Indians in the top 100 include names like Mukesh Ambani, Gautam Adani, Azim Premji, Pallonji Mistry, Shiv Nadar and Lakshmi Mittal. Damani controls Avenue Supermarts, a Mumbai-based retailer specializing in low-priced consumer goods. The publicly traded business sells food, clothing and other consumer products in more than 200 DMart shops across India.

Agarwal, the youngest sibling, is a qualified doctor and the company’s managing director. Older brothers Girdhari Lal and Banwari Lal are chairman and joint managing director respectively. Mahendra Choksi is the son of one of the four co-founders of Asian Paints. Family patriarch Ashwin Choksi, under whom the fortune was previously listed, died in September 2018. Mahendra’s son, Manish, is the company’s non-executive vice chairman. The Bajaj Group owns 37 companies and one among these—Bajaj Motors—is ranked as the fourth largest motorbike manufacturing company in the world.

On Bloomberg Billionaires Index List 2022, the net worth of Elon Musk and Jeff Bezos are currently at USD 251 billion and USD 153 billion, respectively. Reportedly, this is the first time an Asian person has broken into the top three of the Billionaires Index. This is the first time an Asian person has broken into the top three of the Billionaires Index. Nadar co-founded HCL, which is reportedly mulling a US listing, Forbes said adding that Nadar also owns HCL TalentCare, a skills-development firm that provides training to new graduates. His latest venture is a USD 500 million fund to invest in startups and US healthcare tech firms.

Jeff Bezos

Elon Musk is currently the richest of them all, with a fortune of $ 311 billion. That’s $ 100 billion more than the closest pursuer in the rankings. Jindal Group, whose interests include steel, power, cement and infrastructure, is chaired by Savitri Jindal, widow of founder Om Prakash Jindal. Upon OP Jindal’s death in 2005, the group’s companies were divided among his four sons, who now run them independently. Damani, who owns retail chain-operator Avenue Supermarts, is currently worth $19.2 billion and is positioned at 98 in the list of the world’s wealthiest individuals. Hurun Report findings on dollar millionaires come at a time when there is rising concern about the growing inequality in the country with a population of over 130 crore.

Elon Musk is the richest person in the world with a net worth of $250 billion. So, this was the list of the top 20 richest persons in the world. This list is very important for various competitive examinations and interviews.

Azim Premji

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• A total of 11 Indian women, with 4 newcomers, joined the global rich list this year.
• In the 35th position, we find Li Ka-shing of Cheung Kong who is again from China.
• Get the List of Top Richest People in the World And Tesla’s Elon Musk is the richest person in the world with a net worth of $239.3 billion as of 9 February 2022.
• Chairman of Reliance Industries Ltd, Mukesh Ambani is pegged as the richest person of India by Forbes and Hurun.
• Anil Agarwal has announced that he will pass his business to society rather than handing it over to his family.

Women’s employment, corresponding families, and society as a whole are all directly improved by women-led wealth development, according to Anas Rahman Junaid, MD & Chief Researcher, Hurun India. Social barriers are broken down when women, who make up 50% of India’s population, are included in the workforce or wealth generation. Therefore, the Kotak Private Banking Hurun Leading Wealthy Women List 2021 was created with the goal of achieving a more inclusive tomorrow. We are bound together by passion and inspired by the wealth creation stories of women entrepreneurs and professionals. The sharp jump in Damani’s net worth is a result of gains in the stock price of Avenue Supermarkets. However, a majority of the gains for Avenue Supermarkets have come in the past three months, reported The Economic Times.

Chairman – Asian Paints Ltd.Net worth – $7.7 BillionIndustry – Paints

It reported revenue of 249 billion rupees ($3.5 billion) in the year-ended March 31, 2020. Avenue Supermarts shares made its stock market debut on the Indian exchanges in 2017 and jumped 106% over IPO price on listing. With a net worth of $5.4 billion, Chudgar is placed at 791st position in the global list of billionaires. Hasmukh Chudgar founded the generics maker Intas Pharmaceuticals in 1977. Intas bought the Irish and UK assets of Israeli firm Teva Pharmaceuticals for $750 million in October 2016. Cyrus Poonawalla was awarded the Padma Shri for his work and contributions made in the field of medicine.

• “ On average, the wealth of Hurun India Rich Listers have increased by 17 percent compared to that of 2016.
• Mukesh Ambani, India’s richest since 2008, with a net worth of $92.7 billion, topped the rich list.
• Despite being an Irish citizen, he hasn’t spared any efforts in contributing to India’s development as a superpower.
• Ambani’s current net worth stands at $92.6 billion, according to data compiled by Bloomberg’s Billionaires’ Index.

DLF Limited was founded by his father-in-law Chaudhary Raghvendra Singh. DLF has a land of 3000 acres in Gurugram christened as DLF city. Parekh serves as the chairman, executive director, and MD of Vinyl Chemicals India Limited. He is also an independent non-executive director of Excel Industries Limited.

The Bajaj Group is involved in industries such as home appliances, lighting, iron and steel, insurance, travel, and finance. Savitri Jindal is the richest woman in India, worth over $8.5 billion; she was the world’s 453rd richest person in 2016. Savitri was a minister in the Haryana Government and a member of the Haryana Vidhan Sabha from Hisar constituency. Hinduja Family, Hinduja Group | Richest People in IndiaThe Hinduja Group is one of the biggest Indian businesses with a strong international presence. Founded by Parmanand Deepchand Hinduja, the company is now run by his sons Shrichand, Gopichand, Prakash, and Ashok. Though the Hindujas are Indians, they have soaked in success while staying outside the country.

Here are the top 10 richest Indians:

Shanghvi is the man behind Sun Pharmaceuticals, among the largest pharma companies in the world, ranks 115 in the world. Mukesh Ambani and Gautam Adani maintained their top slots in the list of India’s richest, ranking number 1 and 2, respectively. The listing of India’s wealthiest persons is purely indicative. Generally, several factors are considered while assessing a person’s net worth. As Make in India initiative gathers momentum and the Central government opens doors for public-private partnerships in several key areas, the number of billionaires in India is expected to grow rapidly.

• She graduated from Northwestern University’s Kellogg School of Management with a master’s in business administration.
• His latest venture is a USD 500 million fund to invest in startups and US healthcare tech firms.
• He won the Color Society Lifetime achievement award in the year 2012.
• Ranking 81 in the world, Damani, who set up Avenue Supermarkets that operates D-Marts across the country, has a net worth of $20 billion.
• The Bajaj Group owns 37 companies and one among these—Bajaj Motors—is ranked as the fourth largest motorbike manufacturing company in the world.

A recent Oxfam reporrt pegged the wealth of top 100 richest Indians at $775 billion, and added that India accounted for 4.6 crore or half of the overall people on the planet falling into extreme poverty in 2021. Nearly 40% — or four in ten — individuals in the top 100 richest list are from the United States of America . https://1investing.in/ India is now home to seven of the 100 richest people in the world. Meanwhile, the Adani Group chairman’s net worth has risen by over $70 billion this year, led by a jump in oil and natural gas prices. In the two years of the Covid-19 pandemic, Adani’s wealth soared from $10 billion in January 2020 to $149 billion now.

Today, his $11.2 billion HCL Technologies is among India’s largest software services providers. Mukesh Ambani chairs and runs $74 billion Reliance Industries, which has interests in petrochemicals, oil and gas, telecom and retail. The company will be investing $80 billion over the next years on renewable energy and building a new complex next to its refinery. Get the List of Top Richest difference between apt and capm People in the World And Tesla’s Elon Musk is the richest person in the world with a net worth of $239.3 billion as of 9 February 2022. Stay here to check most recent Worlds Billionaires lists and Richest People in the World below here. Since listing, the share price of Prince Pipes and Fittings has increased 293 per cent, or nearly four times, so has the promoter wealth.

This is also the reason behind the Hinduja Group featuring among the wealthiest companies in Britain. Mistry was born to a Parsi family and currently lives in Malabar Hills, South Mumbai. An Imperial College of London alumnus, Pallonji Mistry inherited a construction business from his father. Mistry is an Irish citizen since 2003; he gave up his Indian citizenship to marry an Irish-born national.

Former Chairman – DLF Ltd.Net Worth – $8.8 BillionIndustry – Real Estate

Adani’s net worth surpasses that of Reliance Industries’ Mukesh Ambani at the moment. Earlier in April, Gautam Adani of the Adani Group became the sixth richest person in the world surpassing the likes of Oracle’s Larry Ellison and Google’s Sergey Brin and Larry Page. By April 22, he jumped another rank to become the fifth richest person in the world. The Forbes billionaires 2022 list is out, which compiles the list of the world’s richest.

The Gupta family gets its fortune from the stake in the pharma major Lupin, which was founded by Desh Bandhu Gupta; he died in June 2017. Desh Bandhu’s daughter Vinita and son Nilesh run the company while his wife Manju Gupta is the nonexecutive chairman of Lupin. Girdhari Lal Bawri, Rajendra Agarwal, and Banwari Lal Bawri belong to a family that owned a pharmacy in Jaipur and made anti-TB medicines. The privately held company, Macleods Pharmaceutical, now produces generics for a range of diseases, including asthma, osteoporosis, and diabetes.