Mumbai is well known as the financial hub of India. The city has produced some of the most notable industrialist, business tycoons in the country. It houses the most no of billionaires and millionaires in south, east and central Asia. Over the years, the city has made and spoiled the fortunes of a number of individuals. From the reports of Forbes magazine, we have listed down the richest people from the city of Mumbai.
The list contains richest people in Mumbai.
#1. Mukesh Ambani –
Net Worth – 30.2 Billion USD
This business tycoon was born on April 19, 1957. As elder son of Dhirubhai Ambani, the legendary Indian business tycoon, he joined Reliance Industries in 1981. He is the chairman. Managing director and largest stakeholder of Reliance industries Limited (RIL). The billionaire businessman is married to Nita Ambani and has three children, Akash, Anant and Isha. As of 2017, his net worth is 30.2 billion USD.
#2. Dilip Shanghvi –
Net Worth – 15.7 Bilion USD
He is another business giant from the city, who co-founded Sun Pharmaceuticals. Shanghvi started by helping his father in his wholesale generic drugs business in kolkata and soon he decided to start his ow drug manufacturing company. He stepped down as CEO of the pharma company and chose Israel Makov, formerly CEO of Teva Pharmaceuticals as his successor. He was awarded with the civilian honor of the Padma Shri in 2016. As of 2017, his net worth is 15.7 billion USD.
#3. Azim Premji –
Net Worth – 15.1 Billion USD
He is an investor, philanthropist and a very successful businessman. Premji founded one of the most prominent software exporting company in the country, WIPRO. He is regarded as the Czar of the IT industry of India. In 2010, he was voted among the 20 most powerful men in the world by Asiaweek. Premji owns 73% percent of Wipro and also owns a private equity fund, PremjiInvest, which manages his $2 billion worth of personal portfolio. Currently his net worth is 15.1 billion USD.
#4. Pallonji Mistry –
Net Worth – 14.7 Billion USD
He is an Irish-Indian construction tycoon and chairman of Shapoorji Pallonji group. Mistry’s father first bought shares in the Tata Sons in the 1930s, a stake that currently stands at 18.4%. With his 18.4% stake, he is highest shareholder of TATA sons. His son Cyrus Mistry was chairman of Tata Sons from November, 2011 to October, 2016. A short biography of Mistry was written in a 2008 book by Manoj Namburu titled The Moguls of Real Estate. As of now, his net worth is 14.7 billion USD.
#5. Kumar Mangalam Birla –
Net Worth – 10.3 Billion USD
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He is an industrialist and the chairman of Aditya Birla Group. Birla took over as chairman of the Aditya Birla Group in 1995, at the age of 28, following the death of his father Aditya Birla. During his tenure as chairman, the group’s annual turnover has expanded from US$3.33 Billion in 1995 to US$41 billion in 2015. The group is India’s third largest business group. Among many achievements to his name, he was recently awarded with the CEO of the year award in 2016. At present, his net worth is 10.3 billion USD.
This is the list of top 5 richest people in the city of Mumbai. The data is collected from some of the most reliale sources present over the internet. We will update the list as soon as there is any update about the same. If you have any suggestions, let us know in the comment section.