Mukesh Ambani India's richest with $84.5 bn, Gautam Adani 2nd: Forbes


New Delhi, Apr 7 (IANS): Reliance Industries Chairman Mukesh Ambani topped the Forbes list of India's 10 richest billionaires with a net worth of $84.5 billion, followed by Adani Group chief Gautam Adani.

Amid the Covid-19 pandemic, Ambani accomplished a fund-raising feat, garnering $35 billion through a string of deals to achieve his target of reducing his flagship Reliance Industries' net debt to zero by 2021.

"He also sold a third of telecom unit Jio to marquee investors such as Facebook and Google and offloaded 10 per cent of Reliance Retail to private equity firms such as KKR and General Atlantic, plus concluded a $7.3 billion rights issue of Reliance shares," Forbes said.

Second richest Indian, Adani, who has also diversified the group's business and has taken a significant share in India's airport management and operations business has a net worth of $50.5 billion.

Adani acquired a 74 per cent stake in Mumbai International Airport, the country's second-busiest, last September. He also sold 20 per cent in his listed renewables firm, Adani Green Energy, to French energy giant Total for $2.5 billion.

The third richest Indian is HCL founder Shiv Nadar as per the Forbes list of India's 10 Richest Billionaires 2021, with a net worth of $23.5 billion.

Last July, Nadar stepped down as chairman of $9.9 billion (revenues) HCL Technologies, handing over the position to his daughter, Roshni Nadar Malhotra.

Avenue Supermarts' founder Radhakishan Damani ($16.5 billion) and Kotak Mahindra Bank MD Uday Kotak ($15.9 billion) took the fourth and the fifth spot in the list.

 

  

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Comment on this article

  • Raj, Mangalore

    Thu, Apr 08 2021

    Does India benefit from Gujaratis holding most of the political and economic power in India?

    DisAgree Agree Reply Report Abuse

  • Anilkumar, Mangalore

    Wed, Apr 07 2021

    These two are glaring evidences of "atma nirbaar" created by Modi Sarkar. There may be many more, but hidden treasures dont come out in such reports mainly because the hidden treasure is not easily disclosed. Most of the politicians of India may appear in this. What about Amit Shah? Needs to be investigated.

    DisAgree Agree [2] Reply Report Abuse

  • anthony, mangalore

    Wed, Apr 07 2021

    Hum Dho Humare Dho. Courtesy Suit Boot Ki Sarkar.

    DisAgree Agree [4] Reply Report Abuse

  • Ramesh, Mangalore

    Wed, Apr 07 2021

    Uneducated segani bhakths are happy now. From hereon they will get ache din thru aatmanirbhar.

    DisAgree Agree [9] Reply Report Abuse

  • Prakash, Mlore

    Wed, Apr 07 2021

    Visionaries like Adani and Ambani making other competitors stationary. Just like inside trading, they can even get policies changed much before they make a move.

    DisAgree Agree [4] Reply Report Abuse

  • k b r, Mangala Uru

    Wed, Apr 07 2021

    this is the ಗುಜರಾತಿ Model of development...

    DisAgree Agree [14] Reply Report Abuse

  • John, Mangalore

    Wed, Apr 07 2021

    Sold here, Sold there, all Globalism. Finally Bill Gates with communist viruses and vaccines bring down much population in the name of Global warming as he said in his previous TED Talks and bring all world resources / government under their control to bring new world order or globalist ruled one world communist government. Do billionaires care about common people ? Except few, mostly others making more billions. Finally greed for more power, fame , money if they fight among themselves it is not suprising.

    DisAgree [2] Agree [9] Reply Report Abuse

  • k b r, Mangala Uru

    Wed, Apr 07 2021

    before 2014, no one knew who is adani....

    DisAgree [5] Agree [20] Reply Report Abuse

  • SJM, Mangalore

    Wed, Apr 07 2021

    Thanks to Modi. This is called developements of Gujjus

    DisAgree [4] Agree [19] Reply Report Abuse

  • Indian, Bangalore

    Wed, Apr 07 2021

    And thanks to the bhakts, who believe this is development of India under Modi!

    DisAgree Agree [16] Reply Report Abuse

  • D'Souza, Mangaluru

    Wed, Apr 07 2021

    C'MON PEOPLE.. CLAP HANDS FOR MODIJI. OUR HONOURABLE PM MODIJI PLAYS A MAJOR ROLE IN BRINGING THESE TWO BUSINESS TYCOONS TO THE TOP OF FORBES LIST. MODIJEE O MODIJEE..YOU DESERVE TO BE SALUTED. AND WHY NOT... WHY NOT I REPEAT.. YOU HAVE SUCCEEDED IN MAKING THESE TWO MEN RICH BY BRINGING THE FARMERS, STUDENTS AND ALSO THE UNEMPLOYED YOUTH TO THE STREETS. YOU HAVE SENT MANY UNEMPLOYED YOUTH HANGING TO THE CEILING FAN. 'O DEATH WHERE IS YOUR STING?'

    DisAgree [4] Agree [14] Reply Report Abuse

  • M.S.D, Mangalore

    Wed, Apr 07 2021

    All Credit goes to PM & Amit Shah..!!

    DisAgree [5] Agree [20] Reply Report Abuse

  • william, mangalore

    Wed, Apr 07 2021

    Who is their salesman?

    DisAgree [4] Agree [12] Reply Report Abuse

  • j.anata, Mangaluru / Bengaluru

    Wed, Apr 07 2021

    Both of their enterprises' contribute to approx. 15 percent of India's white collared jobs

    DisAgree [8] Agree [8] Reply Report Abuse

  • Moshu, Mangaluru

    Wed, Apr 07 2021

    HUM 2 HAMARE 2 equation destroyed the life if common man.

    DisAgree [4] Agree [16] Reply Report Abuse

  • Rahul, Mangalore

    Wed, Apr 07 2021

    Why not?

    DisAgree [2] Agree [4] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Wed, Apr 07 2021

    Mukesh Ambani & Gautam Adani have a very good Marketing Manager ....

    DisAgree [4] Agree [20] Reply Report Abuse

  • GURKA, Mangaluru

    Wed, Apr 07 2021

    Celebration time for BJP BHAKTHA ! they achieved their goals !! now you should proud to be a Indian on the account of poor farmers, middle class and lower class citizen money !! good going BJPeeee which is sponsored by These TWO RICHEST MEN in the world !

    DisAgree [4] Agree [15] Reply Report Abuse


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