India Markets open in 52 mins

10 Most Famous Businessman in India

Vipul Das

India is host to some wildly rich families and people recognised all over the world. India ranked in the third position in India for the richest people after the US and China. For 2020, we have compiled a comprehensive list of India's 10 richest businessmen.

1. Mukesh Ambani

Mukesh is Dhirubhai Ambani's oldest son and has a younger brother. Mukesh Ambani was born in Aden, Yemen, on 19 April 1957 and lived in Mumbai. He completed his graduation from Chemical Engineering from the Institute of Chemical Technology and he is also an MBA dropout from the University of Stanford. He is a Bollywood film fan who watches three films a week Mukesh is the chairman and owner of Reliance Industries, which is one of India's most precious companies, which runs $88 billion in revenue. With the introduction of the Jio 4 G telephone service, Reliance launched a price war in 2016 in India's competitive telecommunications market. Through offering free domestic voice calls, high-speed data services and almost free smartphones, Jio signed up to more than 340 million subscribers.


  • 1st Richest Person in India
  • 13th Richest Person in the world
  • Age- 62
  • Wealth Source- petrochemicals, oil and gas, telecom
  • Current Net Worth- $56.6 B

2. Azim Premji

Azim Premji is the second richest person in India and is known as the Czar Indian IT Industry. He is the chairman of the IT Firm Wipro Limited and also an Indian billionaire, business tycoon, businessman and philanthropist. He is also the richest person in the Karnataka state. In 2005, India's government honoured Azim Premji with Padma Bhushan and granted him the second-highest civilian honour, Padma Vibhushan, in 2011 for his excellent work in the trade and commerce sector. He was born in Mumbai on 24 July 1945 and currently residing in Bangalore. Premji has studied electrical engineering (equivalent to a Bachelor of Engineering degree) from Stanford University, USA. Upon his father's death in 1966, he took over his family's cooking oil business. He's also the first Indian to register for The Giving Pledge, a campaign regulated by Bill Gates and Warren Buffett.


  • 55th among the world's richest
  • Age- 74
  • Wealth Source- software services
  • Current Net Worth- $22.6 B

3. Gautam Adani

He is the 3rd richest person in India and also the founder and chairman of Adani Group. The Adani Group is a company headquartered in Ahmedabad which is engaged in port development and activities in India. Gautam Adani is also the president of the Adani Foundation, which functions in four areas to develop the communities: Education, Healthcare, Sustainable Livelihood & Rural Infrastructure development. He holds a share of 66% in Adani Ports & SEZ Limited, 75% in Adani Enterprises, 73% in Adani Power and 75% in Adani Transmission and also ranked in 4th position as the most powerful person of the country.


  • Current Net Worth: $15.7 B
  • Age- 57
  • Date of Birth- 24 June 1962
  • Residence- Gujarat
  • Wealth Source- commodities, infrastructure

4. Hinduja Brothers

The Hinduja Group is one of India's largest companies, with a strong international footprint. The business is now run by his sons Shrichand, Gopichand, Prakash and Ashok, and was established by Parmanand Deepchand Hinduja. Despite being Indians, the Hindujas have coated in success in abroad also. The headquarter of the company is based in London. This is also the purpose behind the Hinduja Group which is among Britain's richest firms today. The Hinduja Group is managed by four brothers, Srichand, Gopichand, Prakash and Ashok. Businesses within their group vary from trucks, lubricants, banking and cable TV. The brothers hold valuable property in London, including the Old War Office building in Whitehall.


  • Current Net Worth- $16 B
  • Wealth Source- Diversified
  • Residence- London, United Kingdom

5. Pallonji Shapoorji Mistry

Pallonji Mistry is the chairman of Shapoorji Pallonji Group and also an Indian businessman, construction tycoon. He is also known within the Tata group as Phantom of Bombay house. Currently, he has a share in the Tata Group of 18.4% Pallonji Mistry is also the owner of Shapoorji Pallonji Construction Limited, Forbes Textiles and Eureka Forbes Limited. He is also the partial owner of the Taj Hotel. In January 2016 the Government of India granted him the Padma Bhushan for his contributions in the sector of trade and industry.


  • Current Net Worth: $15.4B
  • Age: 90
  • Wealth Source- Construction
  • Residence- Mumbai

6. Uday Kotak

Uday Kotak is the founder, MD and Chairman of Kotak Mahindra Bank Ltd. Kotak Bank is the third most successful bank in India and has Rs. 1,60,152 crore market capitalisation. Uday is also a Strategic Board member who advises Cyril Amarchand Mangaldas, a national law firm. For 2014 he was also the year's Ernst & Young Global Entrepreneur. He graduated from Sydenham College of Commerce and Economics for his bachelor's degree and also holds an MBA from the Jamnalal Bajaj University.


  • Date of Birth- 15 March 1959
  • Resident- Mumbai
  • Current Net Worth- $15.2 B
  • Age- 60
  • WealtH Source- Banking

7. Shiv Nadar

Shiv Nadar is the Chairman and Founder of HCL and Shiv Nadar Foundation. He is one of the most famous philanthropists and industrialist in India. He is ranked in 16th position as India's most powerful person. In 2008, Nadar was awarded by the Government of India with the third highest civilian award, Padma Bhushan. In 2011, he was featured at the Asia Pacific in Forbes ' 48 Heroes of Philanthropy. Today Shiv Nadar ranks among India's top 10 richest men. Magus (Nick Name) completed his graduation in Coimbatore Electrical and Electronic Engineering. He established HCL with an initial investment of 187,000 rs. in 1976. He officially heads HCL Technologies holds $8.9 billion (revenue) which is one of India's largest providers of software services.


  • Date of Birth: 14 July 1945
  • Age: 74
  • Wealth Source- Software Firm
  • Residence- New Delhi
  • Current Net Worth- $16.3B

8. Radhakishan Damani

The DMart supermarket chain was established by Radhakishan Damani. His retail chain contains 91 stores in India and is the industry's third largest. RK owns 52% per takeover offer in DMart's parent company, Avenue Supermarts. His other investment company, Bright Star Investments, holds 16% takeover. Because of his straightforward way of life coupled with high thought he is recognized as Mr White. He was ranked 11th in Forbes ' annual list of richest Indians. Apart from this, he is also a successful stock investor, broker and trader. His range of property includes the 156-room Radisson Blu Resort in Alibag, a popular beach-front getaway near Mumbai.


  • Age- 65
  • Date of Birth- 1st January 1956
  • Wealth Source- investments, retail
  • Current Net Worth- $18.4 B
  • Residence- Mumbai

9. Godrej Family

After 1897, the Godrej company has developed and currently active in almost every possible segment of the Indian economy. Pirojsha and Ardeshir Godrej are the founders of the company. Adi Burjorji is the chairman of the Godrej group and also the head of the family. Since April 2011, he is the chairman of the Indian School of Business. Presently the Godrej family manages the Godrej Group with $4.7 billion (revenue). The family owns a huge plot of land in suburban Mumbai and remains their greatest property all the time.


  • Current Net Worth- $12 B
  • Wealth Source- Godrej Group
  • Residence- Mumbai

10. Lakshmi Mittal

Lakshmi Niwas Mittal is an Indian Steel magnate, Chairman and CEO of ArcelorMittal $76 billion (revenue). He is also the owner of Karrick Limited and the Co-owner of Queens Park Rangers F.C. He was recognised as Europe's richest Asian person in 2007. He is also the board of directors of the European Aeronautic Defence and Space Company. Apart from this, he is also the member of the independent board of directors at Goldman Sachs since 2008. In November 2018, ArcelorMittal completed the takeover of Italy's loss-making steel company Ilva for $2.1 billion. He was born in a traditional Marwari family and completed B.Com degree from St. Xavier's College, Calcutta.


  • Date of Birth: 15 June 1950
  • Age: 69
  • Current Net Worth: $12.4B
  • Wealth Source- Steel
  • Residence- London, United Kingdom

About the Author

Vipul Das is writing finance and business related articles from the last 1 year for goodreturns. He has done BCA and also has a strong knowledge in business and finance field. You can connect with him on Facebook and Twitter

Also Read:

How to Become a Successful Businessman?

ONGC Stock Cracks Below Rs. 100/Share: Should You Buy The Stock?