On 25-Sep-2018, the Barclays Hurun India Rich List 2018has published a report of richest families in India in 2018. The Barclays Hurun India Rich List 2018 report shows Reliance group chairman Mukesh Ambani’s family has become the richest family in India again with the total worth of 3,71,000 cr. followed by SP Hinduja and Family(1,59,000 cr.). Laxmi N Mittal, Azim Premji and Dilip shanghai spot 3,4 and 5 positions with the wealth of 114,500, 96000 and 89,700 cr.
With the worth of 3,71,000 cr, Mukesh Ambani holds the spot of the richest family in India. Mukesh Ambani chairs and runs $51 billion oil and gas giant Reliance Industries, among India’s most valuable companies. In 2017, he was on the 33rd position in the magazine’s list with the net worth of $23.2 billion. Ambani climbed up to the 19th global rank on the Forbes’ list of 2,208 billionaires worldwide this year.
SP Hinduja and family of Hinduja group spot the second richest family in Hurun richest family list 2018 India.Four close-knit siblings, Srichand, Gopichand, Prakash and Ashok, control multinational conglomerate the Hinduja Group. The brothers own most valuable real estate in London, including their home Carlton House Terrace and the historic Old War Office building in Whitehall. They have owned more than 17,000 cr. real estate assets globally.
Laxmi N Mittal spot the 3rd richest family of India position with the total worth of 114,500 cr, Laxmi N Mittal is a founder of world’s largest steel manufacturer company, ArcelorMittal has retained the 3rd spot. His wealth jumped by 30% last year because of the growth of the steel industry as well as expansion.ArcelorMittal is becoming one of the leading company in the steel industry.
Azim Premji & Family has become the 4 richest families in India according to the report of Hurun India richest family list 2018. Azim Premji’s $9 billion (revenue) Wipro is India’s third-largest IT outsourcer. Premji bought the 6% stake in Bharati group’s future retail company with the total worth of 1,700 cr. in June 2018. He donated at least half of its wealth to Premji Foundation focus on Indian education in 2013.
Dilip Shanghvi is the co-founder of the Sun Pharmaceuticals, which is India’s most trusted pharmaceutical company 3 slot down from the last year. Dilip Shanghvi borrowed $200 from his father to start Sun Pharmaceutical Industries in 1983 to make psychiatric drugs. Now the company is the world’s fourth-largest specialty generics maker. Sun’s shares fell after the U.S. Food and Drug Administration observed manufacturing lapses at one of its biggest factories in India.
Uday Kotak is a founder of Kotak Mahindra Bank. Kotak spot the 6th position in Barclays Hurun India Rich List 2018. kotak started the business by taking the loan to the family. Now, he runs one of the biggest banks in India.
Cyrus Poonawalla has spot 7 positions in Barclays Hurun India Rich List 2018 with the total 73,000 cr. Cyrus S. Poonawalla is an Indian businessman, the chairman of Poonawalla Group, which includes Serum Institute of India, the Indian biotech company that manufactures pediatric vaccines. Cyrus Poonawalla Has received Padma Shri for his contribution in Medicine.
Gautam Adani spot the 8th position in Barclays Hurun India Rich List 2018 with the total worth of 71,200. Gautam Shantilal Adani is an Indian industrialist who is the chairman and founder of the Adani Group — an Ahmedabad-based multinational conglomerate involved in port development and operations in India. Adani is the president of the Adani Foundation.
Cyrus Pallonji spot the 9th position in Barclays Hurun India Rich List 2018 with the total worth of 69,400. Cyrus Pallonji Mistry is an Irish businessman of Indian origin who was the chairman of Tata Group, an Indian business conglomerate, between 2012 and 2016. He was the sixth chairman of the group, and only the second to not bear the surname Tata.
Shapoorji Pallonji spot the 10th position in Barclays Hurun India Rich List 2018 with the total worth of 69,400. Shapoorji Mistry was an Indian businessman and the founder of the Shapoorji Pallonji Group. He was the father of Pallonji Mistry. Shapoorji Mistry’s grandson Cyrus Mistry was the Chairman of Tata Sons. The Shapoorji Pallonji group is one of India’s leading industrial conglomerate and a major construction company.