Top 10 Gujarati Billionaires & Business tycoons
Top 10 Gujarati Billionaires and Business tycoons
Trading abilities and Business skills are in genes of Gujaratis. They know how to handle business no matter how bad the condition of the country’s economy is. Gujaratis are known for having a sustainable business which they run over half-dozen of the decades. Apart from the business skills, they also possess strong leadership skills.(i.e. Mahatma Gandhi, Narendra Modi). They are just born to become entrepreneurs. so Let’s have a look at 10 best Gujarati Billionaires and Business tycoons who have made a mark for themselves not only in the Indian Business circle but also globally.
1) Mukesh Ambani | Chairman and MD of Reliance Industries Limi
About – Mukesh Ambani, the elder son of Late Dhirubhai Ambani and Kokilaben Ambani, is the chairman, managing director and largest shareholder of Reliance Industries Limited (RIL). RIL mainly deals in refining, petrochemicals, and in the oil and gas sectors. He was ranked 36 on Forbes list of the world’s most powerful people in the year 2014. Mr. Ambani has retained his title as India’s richest person for the ninth consecutive year and his net worth is US$ 18.9 billion as on October 2015.
2) Anil Ambani | Chairman of Reliance ADA Group
About – Younger brother Anil Ambani too has made a niche for himself in the Indian business arena. He is the chairman of Reliance Group (also known as Reliance Anil Dhirubhai Ambani Group). The Reliance ADA Group comprises of a list of renowned companies such as Reliance Communications, Reliance Energy, Reliance Capital, Reliance Big Entertainment, and Reliance Natural Resources Ltd. As per the Forbes billionaire’s list of 2014, Mr. Anil Ambani’s net worth is $5.9 billion. However, according to recent reports, his net worth is US$3.4 billion as on July 2015.
3) Dilip Sanghvi | Founder and MD of Sun Pharmaceuticals
About – Mr. Dilip Sanghvi is the founder and managing director of Sun Pharmaceuticals. The renowned pharmaceutical company is considered to be one of the most profitable generic drugs companies not only in India but also worldwide. Mr. Sanghvi’s net worth is US$ 18-19 billion.
4) Gautam Adani | Chairman and founder of Adani Group
About – Mr. Gautam Adani is the chairman and founder of Adani Group. The Adani group deals with coal mining and trading, oil and gas exploration, ports, power generation, Agri Infrastructure, multi-modal logistics, edible oil and transmission and gas distribution. Mr. Adani’s net worth is $7 billion as of 2015 and he is also known for setting up the Mundra Port which is India’s largest commercial port at present.
5) Sudhir Mehta | Chairman of Torrent Group
About – Mr. Sudhir Mehta is the chairman of Torrent Group, whose major venture is the Torrent Pharmaceuticals Limited. Sudhir is also the director of the Surat Electricity Company Ltd., Torrel Cosmetics Pvt Ltd., and Torrent Pvt Ltd. The net worth of the Mehta brothers was reported to be US$3.1 billion as on May 2015.
6) Samir Mehta | Vice Chairman of Torrent Group
About – Mr. Samir Mehta is the vice chairman of Torrent Group. He also holds considerable positions on board of Torrent Power Generation Ltd., Torrent Power SEC Ltd, Torrent Pharmaceuticals Ltd., Torrent Power AEC Ltd., and Torrent Private Ltd. The net worth of the Mehta brothers was US$3.1 billion as estimated on May, 2015
7) Pankaj Patel | Chairman and MD of Cadila Healthcare
About – Mr. Pankaj Ramanbhai Patel is the current Chairman and Managing Director of Cadila Healthcare, which is the fifth largest pharmaceutical company in India. In the year 2004, Mr. Patel was ranked 26th on Forbes magazine’s first annual list of the 40 richest Indians. Mr. Patel is a successful entrepreneur and Zydus Cadila is a renowned brand having a good reputation in the pharmaceutical industry. His net worth is US $ 4.1 billion as estimated in January 2015.
8) Bharat Desai | Co-founder and Chairman of Syntel
About – Mr. Bharat Desai is the co-founder and Chairman of Syntel, an IT and outsourcing solutions company which is headquartered in Troy, Michigan. Desai co-founded the company along with his wife, Neerja Sethi in the year 1980. Syntel now has more than 20, 000 employees who operate from over 24 offices all over the world. Mr. Desai’s net worth is $2.5 billion as on 2013.
9) Romesh T. Wadhwani | Founder, Chairman, and CEO of Symphony Technology
About – Mr. Romesh T. Wadhwani is the founder, chairman, and CEO of Symphony Technology Group (STG), a private equity firm which is a partner in building software, the Internet, and technology-enabled services companies. He is a serial entrepreneur in the silicon valley who have started and sold a total of 3 companies in the last 30 years. At present Mr. Wadhwani is serving on the board of directors of STG companies, i.e., Symphony IRI Group and is the Executive Chairman of Symphony Teleca Corporation, Symphony Health Solutions Inc., MSC Software Inc. and Shopzilla Inc. He was also the founder as well as former CEO and chairman of Aspect Development, Inc. till it’s acquisition by i2 Technologies in 2000. His net worth is $2.8 billion as on August 2015.
10) Uday Kotak | Vice Chairman and MD of Kotak Mahindra Bank
About – Mr. Uday Kotak is the Executive Vice Chairman and Managing Director of Kotak Mahindra Bank. He is one of India’s first billionaire bankers who started a small finance firm and developed it into a fully grown bank. Mr. Kotak has a 50% stake in the bank that is founded and run by him. Besides, the bank has more than 320 branches and 2.7 million faithful customers. Kotak Mahindra Finance Ltd. is the first company in the corporate history of India to receive a banking license from Reserve Bank of India. Mr. Kotak’s net worth is $7.6 billion as of 2015.