Journalism of Courage
Mukesh Ambani continued to be the wealthiest Indian with a networth of USD 83 billion. The head of Reliance Industries witnessed a 24 per cent jump in fortunes and climbed up one spot to be the eighth richest globally, as per the Hurun Global Rich List.
Gautam Adani from Gujarat, who has had a spectacular rise in fortunes in the last few years, saw his wealth almost doubling to USD 32 billion in 2020 and climbed 20 places to be the 48th richest person globally and the second wealthiest Indian.
IT company HCL’s Shiv Nadar was the third wealthiest Indian with a fortune of USD 27 billion while some peers in the tech industry dominated the list of fastest growing wealth.
NR Narayana Murthy, was up 35% to US$3.1bn
Jay Chaudhry of software company Zcaler saw a 274 per cent rise in networth to USD 13 billion during the year (Source: Zcaler)
Kumar Mangalam Birla, the 53-year old at the helm of the global conglomerate Aditya Birla Group saw his wealth surge by 61% to $9.2 billion.
Byju Raveendran and family saw a 100 per cent increase in its wealth to USD 2.8 billion, the report said (Bloomberg)
Diversified corporate house Mahindra Group’s head Anand Mahindra and family also saw a 100 per cent increase in wealth to USD 2.4 billion
Kiran Mazumdar Shaw of Biocon has a networth of USD 4.8 billion (up 41 per cent)
Lupin’s Manju Gupta at USD 3.3 billion (Source: Luptin)
Among those who saw a decline in their networth during the year was Acharya Balkrishna of Patanjali Ayurved at USD3.6 billion, down 32 per cent.
