Top 10 Forbes Billionaires list 2020 India

Top 10 Forbes Billionaires list 2020 India- Most Richest Person in India 2020 Forbes List


Forbes released its 34th annual world's billionaires list, which ranks the top wealthiest people in the India from around the world. Amid the novel Coronavirus (COVID-19) outbreak pandemic diseases, most of the world's wealthiest people are serving as agents of change and helping others by donating billions of their profit from their businesses to aid the coronavirus outbreak. Mukesh Ambani again tops the ranking 12th time in a row from the year 2012. Take a look at the Top 10 Forbes Billionaires 2020 List of India from Rank 1 to Rank 10 with their brief biographies. These are famous and Forbes most richest person in India 2020.

Below are the India's 10 richest people, net worths are as of April 7, 2020:


Rank 1  

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Name- MUKESH AMBANI
Age- 62
Source Income- Energy, Petrochemicals, Oils and Gas
Residence- Mumbai, India
Real Time Net Worth (As on April 11, 2020)- $44.50 Billion
2020 Billionaire Net Worth (As on April 7, 2020)- $36.80 Billion
Citizenship- INDIA
Marital Status- Married
Kids-  3 Children
Education- Dropped Out from Stanford University, Bachelor Degree in Engineering/Science from University of Bombay.

Brief Biography of Mukesh Ambani


  • The Giant Reliance Industries was founded by Dhirubhai Ambani (Father of Mukesh Ambani).
  • In 1966, the father of Mukesh Ambani was a yarn worker and also worked as a small textile producer. 
  • Mukesh Ambani is chairman and runs the India's most valuable companies Oil and Gas company named Reliance Industries worth $88 billion (income).  
  • In 2002, The Ambani Empire was dived between Mukesh Ambani and his Younger Brother Anil Ambani after the death of Dhirubhai Ambani.
  • In year 2016, Reliance sparked a price war in the Telecom sector with the launch of 4G phone with Jio. And later on, Jio marked more than 340 millions users by offering free calls, domestic voice, cheap internet services and smartphones. 
  • In 2016, Reliance started a value war in India's hyper-serious telecom advertise with the dispatch of 4G telephone administration Jio. 

Rank 2  

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Name- RADHAKISHAN DAMANI AND FAMILY
Age- 65
Source Income- Fashion, Retails and Investments
Residence- Mumbai, India
Real Time Net Worth (As on April 11, 2020)- $16.40 Billion
2020 Billionaire Net Worth (As on April 7, 2020)- $13.80 Billion
Citizenship- INDIA
Marital Status- Married
Kids-  3 Children

Brief Biography of Radhakishan Damani


  • Veteran Investor of Mumbai Mr. Radhakishan Damani turned into a king of India's retail industries after the March 2017 IPO of his supermarket chain of DMart. 
  • In 2002, Mr. Damani got into retailing investors with one store in semi-urban area of Mumbai and has been unstoppable since.. 
  • Mr. Damani aalso holds stakes in various companies, from tobacco firm VST businesses to beer producer United Breweries. 
  • He is the owner of 156-rooms Radisson Blu Resort in Alibag, a most popular beach-front gateway near Mumbai. He also owns various number of properties. 


Rank 3

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Name- SHIV NADAR
Age- 74
Source Income- Software services and Technology
Residence- Delhi, India
Real Time Net Worth (As on April 11, 2020)- $12.30 Billion
2020 Billionaire Net Worth (As on April 7, 2020)- $11.90 Billion
Citizenship- INDIA
Marital Status- Married
Kids-  1 Children
Education- Bachelor Degree in Science/Arts from PGS College of Technology.

Brief Biography of Shiv Nadar


  • In 1976, Mr Shiv Nadar co-founded HCL in a garage to make microprocessors and calculators.  
  • Today, he is the chairman of HCL Technologies worth $9.7 billion (income) company that is one of  the India's biggest software services providers. 
  • In December 2018, HCL Technologies announced to buy some software products from the company IBM for $1.8 billion. 
  • HCL Technologies, employs more than 149,000 individuals in over 45 countries around the world, and hires high school graduates and trains them on the job. 
  • He is also one of India's leading philanthropists and donates the amount of $662 Billion to his Shiv Nadar Foundation which help for the education related causes. 

Rank 4 

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Name- UDAY KOTAK
Age- 61
Source Income- Finance, Banking, and Investments
Residence- Mumbai, India
Real Time Net Worth (As on April 11, 2020)- $10.90 Billion
2020 Billionaire Net Worth (As on April 7, 2020)- $10.40 Billion
Citizenship- INDIA
Marital Status-  Married
Kids-  2 Children
Education- Bachelor Degree in Science/Arts and MBA from University of Bombay.

Brief Biography of Uday Kotak


  • In 1985, he spurning his family's business of trading and later on began a finance firm and then in 2003he convert it into a bank which is now known as Kotak Mahindra Bank. 
  • The Kotak Mahindra Bank is currently comes among India's best four banks in the private sector, helped by its 2014 acquisition of ING Bank's Indian activities. 
  • The Mobile App named Kotak's 811 draws its name from November 8, 2016 when the government cancelled about 86% of all rupees available for use. 
  • In January 2020, the bank agreed with the Reserve Bank of India over the issue of decreasing Kotak's stake in the bank to 26%.

Rank 5

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Name- GAUTAM ADANI
Age- 57
Source Income- Commodities, Diversified, and Pots
Residence- Ahmedabad, India
Real Time Net Worth (As on April 11, 2020)- $9.10 Billion
2020 Billionaire Net Worth (As on April 7, 2020)- $8.90 Billion
Citizenship- INDIA
Marital Status- Married
Kids-  2 Children

Brief Biography of Gautam Adani


  • The Big tycoon of Ports Mr. Gautam Adani controls Mundra Port, India's biggest port, in his home town of Gujarat. 
  • The interest of Adani Group worth $13 Billion span real estates, power generation, defence, commodities, and power transmission. 
  • Mr. Adani also owns the Abbott Point, a questionable coal mining project in Australia, whose Carmichael coal mine is billed as one of the world's biggest. 
  • In June 2019, after a wait of 9 years, Mr. Adani got permission to begin work at the Australian coal mine. 
  • Adani has now expanded his business into new ventures such as data centers, airports, etc.

Rank 6  

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Name- SUNIL MITTAL AND FAMILY
Age- 62
Source Income- Telecom
Residence- Delhi, India
Real Time Net Worth (As on April 11, 2020)- $9.70 Billion
2020 Billionaire Net Worth (As on April 7, 2020)- $8.80 Billion
Citizenship- INDIA
Marital Status- Married
Kids- 3 Children
Education- Bachelor Degree in Science/Arts from Punjab University

Brief Biography of Sunil Mittal


  • The Giant Telecom sector Tycoon Sunil Mittal's Bharti Airtel is among India's biggest mobile phone operators with over 418 millions users. with in excess of 418 million clients. 
  • The company Airtel partnered with SingTel, in a price war with Mukesh Ambani's Reliance Jio. 
  • The Mittal also owns Airtel Payments Bank in a joint venture with Kotak Mahindra Bank, controlledby the tycoon Uday Kotak. 
  • The Son of Sunil Mittal name Kavin Mittal also runs SoftBank- a backed messaging service Hike which valued worth $1.5 Billion.


Rank 7

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Name- CYRUS POONAWALLA
Age- 78
Source Income- Healthcare and Vaccines
Residence- Pune, India
Real Time Net Worth (As on April 11, 2020)- $9.90 Billion
2020 Billionaire Net Worth (As on April 7, 2020)- $8.20 Billion
Citizenship- INDIA
Marital Status- Widowed
Kids-  1 Children
Education- Bachelor Degree in Science/Arts from Pune University and Doctorate from Pune. University.

Brief Biography of Cyrus Poonawalla


  • The business man Cryus Poonawalla is a son of  race horse breeder. In 1966, Mr. Cyrus founded the Serum Institute of India and built it as the world's largest vaccine makers.  Serum Institute produces over 1.5 billion dosages every year including for measles, polio and influenza (Flu). 
  • Poonawalla's son Adar is educated from U.K. and also the CEO of Serum Institute that helps Cyrus to run the company. he also invest their finance with Poonawalla Finance.  
  • Serum Institue also owns the Dutch vaccine provider named Bilthoven Biologicals and the Czech part of U.S.A form Nanotherapeutics.
  • Serum Institute is also developing 2 vaccination for coronavirus (COVID-19) outbreak, once vaccine with the U.S company Codagenix and other with Paris and Australia in Institut Pasteur and Themis. 

Rank 8 

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Name- KUMAR BIRLA
Age- 52
Source Income- Diversified and Commodities
Residence- Mumbai, India
Real Time Net Worth (As on April 11, 2020)- $7.40 Billion
2020 Billionaire Net Worth (As on April 7, 2020)- $7.60 Billion
Citizenship- INDIA
Marital Status- Married
Kids-  3 Children
Education- Bachelor Degree in Science/Arts from University of Bombay and MBA from London Business School.

Brief Biography of Kumar Birla


  • The products and commodities business tycoon Kumar Birla is the fourth generation head of Aditya Birla Group which worth $48.30 Billion revenue.  
  • The Aditya Birla Group provide span cement, financial services, and also provide service from Aluminium to Telecom. 
  • In 1995, The father of Kumar Birla named Aditya Birla died and later on Mr. Birla acquire the family business at the age of 28.
  • In October 2019, The European Commission approved the acquisition of $2.6 billion by his Novelis of Aleris, an aluminium provider in Ohio, USA. 
  • He also owns the telecom firm named Vodafone Idea which was recently a merger between Vodafone India and Idea Cellular in 2018. 

Rank 9 

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Name- LAKSHMI MITTAL 
Age- 69
Source Income- Steel, Mining and Metals
Residence- London, United Kingdom
Real Time Net Worth (As on April 11, 2020)- $9 Billion
2020 Billionaire Net Worth (As on April 7, 2020)- $7.40 Billion
Citizenship- INDIA
Marital Status- Married
Kids-  2 Children
Education- Bachelor Degree in Science/Arts from St. Xavier's College, Calcutta.

Brief Biography of Lakshmi Mittal 


  • Lakshmi Mittal runs the ArcelorMittal as a CEO and Chairman of the the company worth $70.60 Billion. He is the world's biggest steelmaker tycoon. 
  • In 2006, he merge the Mittal Steel with the France's Arcelor after separating from his brother. 
  • In 2019, due to the lower steel prices and high cost of raw materials, the company bear a loss of $2.50 Billion. 
  • In 2019, Arcelor and Nippon Steel finished their $5.9 billion acquistion of Essar Steel, which was controlled by billionaires Ravi and Shashi Ruia. 

Rank 10  

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Name- AZIM PREMJI 
Age- 74
Source Income- Technologies and Software Services
Residence- Bangalore, India
Real Time Net Worth (As on April 11, 2020)- $6.10 Billion
2020 Billionaire Net Worth (As on April 7, 2020)- $6.10 Billion
Citizenship- INDIA
Marital Status- Married
Kids-  2 Children
Education- Bachelor Degree in Science/Arts from Stanford University.

Brief Biography of Azim Premji


  • Indian tech Tycoon Azim Premji runs Wipro India which is India's Fourth's largest outsourcer and the company's worth $8.40 Billion. 
  • In 1966, he leaved his studies at Stanford University due to the family problem and join the famil's cooking oil business. When his father died, he start converting his business into software. 
  • Wipro has its own innovation centre at Silicon Valley which mainly focused on developing new software and technologies and also collaborate with startups. 
  • In July 2019, His son Rishad succeeded his father and become the Executive Chairman of Wipro, 
  • In April 2020, his Azim Premji Foundation takes a pledge to donate $134 million towards providing the treatment and aid for the novel coronavirus (COVID-19) pandemic.

Conclusion

That's all Folk!! Above are the Forbes billionaires list 2020 from India and this Forbes India list is generated at 34th annual world's billionaires list which is released by Forbes on April 7, 2020. I hope you all like this information and if you have any queries please do comment below and ask your queries for the same!!


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