Half of the nation's 100 richest saw gains rising a collective 14%
to $517.5 billion, says Forbes.
The Covid-19 pandemic may have hit India hard, but nine newcomers joined the ranks of India’s top richest Indians.
Forbes released 2020’s top
100 richest Indians on Thursday, which included newcomers, Sanjeev
Bikhchandani, co-founder of Info Edge (India), who owns popular job and
property websites; siblings Nithin and Nikhil Kamath, co-founders of discount
stock brokerage Zerodha Broking, and three specialty chemicals producers —
Vinod Saraf, founder of Vinati Organics, Arun Bharat Ram, the patriarch of SRF,
and brothers Chandrakant and Rajendra Gogri of Aarti Industries.
Other newcomers
included Delhi-based brothers Ramesh Kumar and Mukand Lal Dua of Relaxo
Footwears, which owns affordable footwear brands; dairyman, R G Chandramogan of
Hatsun Agro; Premchand Godha, who chairs IPCA Laboratories, manufacturing
formulations, bulk drugs and drug intermediates; G Rajendran, founder of
jewellery chain, GRT Jewellers.
Half of the
nation’s 100 richest saw gains, rising a collective 14 per cent to $517.5
billion even as the benchmark Sensex remained flat from a year ago, said
Forbes.
More than half of
the increase can be ascribed to one individual: Mukesh
Ambani at No. 1 for the 13th year, who added $37.3 billion to his fortune —
a rise of 73 per cent — to a net worth of $88.7 billion, it added.
Gautam Adani
retained his No. 2 spot, as his net worth was boosted 61 per cent to $25.2
billion while tech tycoon, Shiv Nadar jumped three places to No. 3 with $20.4
billion.
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