hurun india rich list 2014

Hurun India Rich List 2014 Source： Hurun Report Time：2014-09-17

http://www.hurun.net/en/ArticleShow.aspx?nid=4564

Introduction：

(New Delhi, 16 September 2014): Hurun Report today released the Hurun India Rich List, a list of the richest

people in India with a cut-off of INR 1,800 Crores.

Hurun Report finds 230 individuals with INR 1,800 Crore or more, up 89 from last year, and with an

average wealth growth of 36%

Stock market boom and slight strengthening of the Rupee drives no. of dollar billionaires to record

highs with 109, up from 63 last year and 59 the year before

Mukesh Ambani, 57, of Reliance, holds on to his position as the richest man in India with a fortune of

INR 1,65,000 Crores, up 37% from last year

Dilip Shangvi of Sun Pharmaceuticals shot up to 2nd position, overtaking LN Mittal for the first time,

after seeing his wealth grow 43% to INR 1,29,000Crores.

Cut-off to make Top 100 quadruples to INR 6500 Crores, up from INR 1620 Cr two years ago and

INR 3800 a year ago.

At 33 years, Sachin& Binny Bansaal, co-founders of online retail giant Flipkart, are the youngest self-

made Indians on the list with INR 3,900 Cr each.

15 individuals saw their wealth double year on year, led by PV Ramaprasad Reddy, 56,of Aurobindo

Pharma, with a 260% increase in his fortune to INR 13,500 Cr

Only 30 individuals saw their wealth decline, led by Brij Bushan, 76, of Bushan Power &Steel, whose

wealth dropped 82%, dropping him to the bottom of the list

Whilst Mumbai continues to dominate with 30% of the list residing there, Delhi came in second with

16%, followed by Bangalore with 10%.

Manufacturing continues to dominate with 16% of the list, followed by pharmaceuticals and real

estate with 9% and 8%. Food and Jewelry are the fastest growing sectors.

Only 67% are self-made, up 1% from last year

Bollywood superstar Shah Rukh Khan’s wealth increased by 14%to INR2900 Crores.

The only self-made woman in the list Kiran Mazumdar-Shaw, saw her net worth increase 41% to INR

6500 Crores.

The combined wealth of India’s richest is a staggering US$ 422 bn, equating to 22% of India’s GDP

last year and larger than the GDPs of UAE (US$ 396 bn), South Africa (US$350 bn) & Qatar (US$

200 bn).

(New Delhi, 16 September 2014): Hurun Report today released the Hurun India Rich List, a list of the richest

people in India with a cut-off of INR 1,800 Crores. This is the third year of the list, which has become a

benchmark for the private sector. Wealth calculations are a snapshot of 3 September 2014 when the rate of

exchange to the US dollar was INR 60.33.

A bull run in the stock market, which saw gains of 50% in the BSE Sensex and NSE Nifty, together with a

moderate rise in the rupee, resulted in 80new entrants into the Hurun India Rich List 2014.

Mukesh Ambani(57) of Reliance, topped the list of 230individuals for the third year running. It has been a

busy year for the energy tycoon, whose flagship company Reliance last year sought approval for a INR 78,000

Crores expansion to their existing refinery business. Ambani also bought out one of the largest media houses,

Network 18, for INR 4,200Crores;

Dilip Shanghvi (58) of Sun Pharmaceuticals, continued his rise up the list, to 2nd place after a 43% surge in

his wealth. Last year, Shanghvi broke into third place for the first time. This year Sun Pharmaceuticals

acquired Japanese-owned Ranbaxy, making Sun the largest drug maker in India and fifth largest in the world.

The deal values Ranbaxy at 2.2 times its revenue of INR 10,800 Crores.

LN Mittal (63) of ArcelorMittal, who started out as a scrap metal dealer in one of India’s poorest states,

dropped down one place to 3rdwith a fortune down 4% to INR 97,000Crores. The London-based steel tycoon

has courted controversy in the UK with the purchase of a mountain in the Lake District, UK for INR 14

Crores.

“The stock market boom has driven India’s entrepreneurs to record heights. The stories of the people on the

India Rich List tell the story of India’s modern economy,” said Rupert Hoogewerf, Hurun Report Chairman

and Chief Researcher. “When comparing the private sectors of India and China, both have strong

manufacturing bases, but whilst the Chinese have made most money from real estate, in India pharmaceuticals

and healthcare stand out.”

“The new government sparked off a boom in the stock markets, such that we have expanded the Hurun India

Rich List from 141 individuals to 230, whilst retaining the same cut off of INR 1800 Cr as that of last year. If

last year’s rich list demonstrated the resilience of Indian corporates in a sluggish market, this year’s list

exemplifies the potential of corporate India to lead the global market”, said Anas Rahman Junaid, Head, Hurun

Report India.

Table: Hurun India Rich List 2014 – Top 10

NameWealth INR Cr.

Change in Wealth

Company Age Residence

1= Mukesh Ambani 165,000 37% Reliance 57 Mumbai2↑ Dilip Shanghvi 129,000 43% Sun Pharma 58 Mumbai3↓ LN Mittal 97,000 -4% ArcelorMittal 63 London4= Azim Premji 86,000 12% Wipro 69 Bangalore5= Shiv Nadar 78,000 41% HCL 69 New Delhi6* SP Hinduja & family 72,000 New Hinduja Group 80 London7↑ Pallonji Mistry 63,000 24% Tata Sons 85 Mumbai8↓ Kumara Mangalam Birla 62,000 16% Aditya Birla 47 Mumbai9↑ Sunil Mittal & Family 51,000 9% Bharti Airtel 57 New Delhi

10* Gautam Adani 44,000 152% Adani Enterprises 52 Ahmedabad

↑ Rank increase yoy ↓ Rank decrease yoy - No Rank change yoy * New to Top 10

Azim Hashim Premji (69), saw his 57% of Wipro up 11% taking him to 4th place, and making him the richest

South Indian with a fortune of INR 86,000 Crores. Premji has currently set up a INR 600 Crores venture

capital fund that is looking to invest into early stage startups.

Shiv Nadar (69), nicknamed by friends as Magus (old Persian for wizard) registered a 40% increase in wealth,

on the back of a 57% increase in stock price of his IT hardware company HCL Technologies. Nadar is a

recipient of the Padma Bhushan in 2008 for his efforts in the IT industry. With donations on INR 3000 crores,

Mr. Nadar occupied 2nd spot in Hurun Report Philanthropy List 2013.

SP Hinduja (80) is the 6th richest person on the list with a net worth of INR 72,000 Crores. The Hinduja

family controls a highly diversified empire with interests spanning automotive, oil& gas, banking, IT, power,

media, real estate, healthcare & trading with annual revenues in excess of INR 1,50,000 Crore(USD 25

Billion). This year, The Hinduja Group celebrated its 100 years anniversary.

Pallonji Mistry (85), with a personal fortune of INR 63,000 Crores, mainly from his 18.5% holding in Tata

Sons, is the 7th richest Indian and also the richest Parsi. Mistry became the largest shareholder in Tata Sons,

globally best-known as the owner of Jaguar Landrover, and his son Cyrus is currently chairman. Mistry’s own

business is the family construction company Pallonji Shapoorji. About 66 percent of Tata Sons is held by

philanthropic trusts endowed by members of the Tata family. Ratan Tata, the 77-year old scion of the family,

comes in at 71st place with a personal fortune of INR 9,000 Cr.

Kumar Mangalam Birla (47) of Aditya Birla, is the 8th richest man in India. His net worth stands at INR

61,620 Crore, a 24% increase from last year. Birla has dropped down the ladder from 6th to 8th. In 2014, the

CBI dropped an investigation into allegations of a coal scam against him.

Fifty-seven year-old telecom mogul Sunil Mittal is the 9th richest in the list with an estimated net worth of

INR 51,320 Crore (up 1 rank from last year). His flagship company Bharti Airtel intends to sell over 3500 of

its mobile towers in 6 African countries in a bid to exit non-core businesses.

Gautam Adani (52), shot into the top 10, with a net worth of INR 44,020 Crores, up 152% from last year.

Stock prices of his flagship companies Adani Enterprises and Adani Ports were up 180% and 90%

respectively. It is interesting to note that he made his first million when he was just 20 years old.

Mumbai Top again

With 70 individuals from the Hurun India Rich List 2014, Mumbai is the capital for India’s super-rich,

followed by Delhi (37) and Bangalore (23)

Table: Geographical spread of Hurun India Rich List 2014

City 2014% 2013%Richest Individual

2014Richest Individual

20131 Mumbai 30% 33% Mukesh Ambani Mukesh Ambani2 New Delhi 16% 16% Shiv Nadar Shiv Nadar3 Bangalore 10% 11% Azim Premji Azim Premji4 Dubai 5% 4% Micky Jagtiani Micky Jagtiani5 Ahmedabad 4% 3% Gautam Adani Gautam Adani

6 Pune 4% 4%Cyrus S

PoonawallaRahul Bajaj

7 Chennai 3% 4% Kalanithi Maran Kalanithi Maran8 Kolkata 3% 2% Benu Gopal Bangur Benu Gopal Bangur9 Hyderabad 3% 2% GV Prasad GV Prasad10 London 2% 9% LN Mittal LN Mittal

Source: Hurun India Rich List. For more details visit www.hurun.net

UAE & UK are the capitals for NRI. 31, or 13.5%, are based outside of India, led by LN Mittal (ArcelorMittal,

London), SP Hinduja &Family (Hinduja Group, London), Micky Jagtiani (Landmark Group, Dubai), Anil

Agarwal (Vedanta Resources, London), Prakash Lohia (Indorama Ventures, London) and Feroz Allana

(IFFCO, Sharjah).

Table: Hurun India Rich List 2014 – Richest Non-Resident Indians

Names City Company AgeWealth (INR

crores)1 LN Mittal London ArcelorMittal 63 970002 SP Hinduja & family London Hinduja Group 80 720003 Micky Jagtiani Dubai Landmark 63 260004 Anil Agarwal London Vedanta Resource 61 210005 Prakash Lohia London Indorama Ventures 62 200006 Feroz Allana Sharjah IFFCO - 155007 Romesh T Wadhwani Palo Alto Symphony Technology 67 150008 Kavitark Ram Shriram Menlo Park Google 58 130009 MA Yousufali Abu Dhabi Emke 58 1150010 Vinod Khosla Portola Valley Khosla Ventures 59 11000


Manufacturing sector continues to rule

With 16% of the Hurun India Rich List 2014, manufacturing, followed by pharma and real estate continue to

be the main sources of wealth in India. Other industries that have had a good year include Food & Beverage,

Jewelry and Healthcare.

Table: Hurun India Rich List 2014 – Industry breakdown

Industry 2014% 2013%2014 Richest Individual

2013 Richest Individual

1 Manufacturing 16% 17% SP Hinduja Kumar Mangalam Birla2 Pharmaceuticals 9% 11% Dilip Shanghvi Dilip Shanghvi

3 Real estate 8% 9% Kushal Pal Singh Kushal Pal Singh4 FMCG 5% 5% Anand Burman Adi Godrej5 Food & Beverages 5% 2% Feroz Allana Feroz Allana6 Media & Entertainment 5% 6% Subhash Chandra Subash Chandra7 Jewelry 4% 2% Rajesh Mehta TS Kalyanaraman8 Healthcare 4% 3% Malvinder Singh BR Shetty9 Energy 4% 4% Mukesh Ambani Mukesh Ambani10 Technology 4% 3% Azim Premji Azim Premji


The biggest gain registered during the compilation of the Hurun Indian rich List 2014 was a 258% increase by

P V Ramprasad Reddy founder of Aurobindo Pharma whose share price was up 428% from last year, thanks to

the positive market sentiment for the pharmaceutical sectors.

Table: Hurun India Rich List 2014 – Biggest Gainers

Change in

WealthName City Company Industry

258%PV Ramaprasad

ReddyHyderaba

dAurobindo

PharmaPharmaceutical

s209% Onkar Kanwar Gurgaon Apollo Tyres Manufacturing

206%Virendra Mhaiskar

Mumbai IRB Infra Infrastructure

196% Baba Kalyani Pune Bharat Forge Manufacturing

167% Rajju Shroff MumbaiUnited

PhosphorusManufacturing

Most Valuable Companies

With a valuation of circa INR 6 lakh crores, Tata Sons is the most valuable company in India. It is note worthy

that Tata Sons’ valuation is at least twice as that of Mukesh Ambani’s Reliance at INR 3,25,849 Crores

(contributing 9.13% weight to the NIFTY index), followed by IT major Infosys with INR 2,09,251 Crores and

Sun Pharmaceutical INR 1,65,527 Crores.

Youngest billionaires

At 62, the average age of the Hurun India Rich List 2014 is one year younger than last year, with 6

below the age of 40.

The youngest person on the list is Rajiv Poddar (29), a third generation member of the Poddar family

that controlled the Siyaram textile brand under Balakrishna Industries. The company founded in

1960, was later split into 3 entities between the founding brothers families. Rajiv joined his father

Arvind Poddar in managing the flagship Balakrishna Industries.

The oldest is Basant Kumar Birla of Century Textiles, at 93 years.

Only 3% women

Men dominate the Hurun India Rich List 2014, with just 3% women, down from 4% as per last years list. Steel

baroness Savitri Jindal (64) of OP Jindal Group, is the richest woman with a personal fortune pegged at INR

35,500 Crore, taking her one place down to 13th. She is followed by Indu Jain (77) at INR12,500 Crores. The

only self made women entrepreneur is Kiran Mazumdar-Shaw (61) of Biocon, with a net worth of INR

6,500 Crores, up 41% from last year, which was just enough to keep her in the Top 100.

Table: Hurun India Rich List 2014 – Richest Women in India

Name Wealth %Change Location Age Industry

(INR Crore)

1Savitri Jindal &

Family35,500 10% Hisar 64 Steel

2 Indu Jain 12,500 1% New Delhi 77Media &

Entertainment3 Mallika Srinivasan 7,200 3% Chennai 55 Manufacturing4 Anu Aga 6,800 33% Pune 72 Energy

5Kiran Mazumdar-

Shaw6,500 41% Bangalore 61

Pharmaceuticals

6 Madhu Kapur 3,300 New Mumbai 51Financial Services

7 Shobhana Bhartia 3,300 3% New Delhi 57Media &

Entertainment


Highest new entries.

Of the 80 new faces on this year’s list, 20 jumped straight into the Top 100. Nirav Modi of, 43, of Fire Star

Diamonds in the youngest new entrant in the Hurun India Rich List 2014 - Top100.

Industry analysis

The industries that added the most number of new millionaires to the list were Manufacturing, Food &

beverage &Jewellery

Tyres

The fastest growth recorded by any industry on the list was a 115% increase by the Tyre sector, largely on the

back of reduction in price levels of raw material (Rubber & Crude). Apollo Tyres share prices were up 200%

from last year, while MRF share prices were up 115% during the same period.

Manufacturing

Almost 1/5thof the Hurun India Rich List 2014 belonged to the manufacturing sector; the fastest riser is

Babakalyani (65), of Bharat Forge, who rose up the list by 48 places, registering a growth in net worth of circa

200%. The biggest fall in rank was witnessed by Nikhil & Bhavesh Gandhi of Pipavav Defense & Off Shore

Engineering, falling 92 places to 219. Average wealth of HNIs in the Manufacturing sector was INR 10,899

Crores, with Maharashtra leading as the preferred hub for manufacturing followed by Delhi.

Pharmaceuticals

The Pharma sector had a very good year, with wealth of this sector rising at an average of 60%. The biggest

gainer in the 2014 Hurun India Rich List is from the Pharma sector - P V Ramaprasad Reddy of Aurobindo

Pharma who registering an increase of 260% in net worth. The majority of the Pharma millionaires hailed from

Maharashtra, followed by Andhra Pradesh & Gujarat. It may be noted that all HNIs of the Pharma sector

continue to reside in & do business from India.

Real estate

19 individuals on the Hurun India Rich List 2014 derived their wealth from the Real estate sector, and are an

average 9 years younger than those in the Pharma sector. This sector saw an average increase in wealth of 22%

from last year. Irfaan Razack (61), of Prestige Estates, saw his wealth grow by 63% during the period. In the

real estate sector, Hurun India Rich List 2014 has 4 entrants and a total of 7 dollar billionaires. Kamal

Khetan(42), of Sunteck Realtors is the youngest real estate tycoon on the list.

TMT

The TMT sector has produced 14 individuals in the Hurun India Rich List 2014. None witnessed a decline in

wealth. With seven individuals, Bangalore seems to be the technology hub & 85% of these companies are

listed. It is interesting to note that all the millionaires from IT sector are self made.

Other markets.

The BSE Sensex grew 50% and NSE Nifty 49% over the last year when the stock markets

demonstrated a sluggish performance

The BSE Automotive Index has grown by 68%, with the leading gainer being Motherson Sumi

Systems which has gained 160%, outperforming the index by 2.4 times and owned by Vivek Chaand

Sehgal, 58, ranked 38 in Hurun India Rich List 2014.

The BSE Bankex Index has grown by 63%, with the leading gainer being Yes Bank, which gained

84%, outperforming the index by 1.3 times and owned by Rana Kapoor, 57, at rank 148.

The BSE Metal Index has grown by 88%, with the leading gainer being Tata Steel owned by Tata

Sons, which has gained 165%, outperforming the index by 2 times.

The BSE FMCG Index has grown by 11%, with the leading gainer being Marico which has gained

32%, outperforming the index by 3 times and owned by Harsh Mariwala, 63, ranked 50 with a net

worth of INR 11,590 Crores

The BSE Healthcare Index has grown by 45%, with the leading gainer being Ranbaxy Labs which

gained 115%, outperforming the index by 2.55 times – a situation caused by acquisition offer from

Sun Pharma owned by the Pharma King, Dilip Shangvi.

The BSE Capital Goods Index has grown by 117%, with the leading gainer being Suzlon Industries

which gained 259%, outperforming the index by 2.21 times and is owned by Tulsi Tanti, 57, with a

networth of INR 4280 crores at rank 57.

This year’s Hurun Rich List reveals some interesting nuggets of information.

The Indian stock exchanges were the preferred place to list followed by London.

Brij Bushan Singal of Bushan Steel saw his wealth drop 80%. As news of a credit downgrade by

rating agency CARE got out, stocks in Bushan steel tanked over 80% as a result of investor panic on

news that institutional investors were dumping shares

Neeraj Singal, Managing Director of Bushan steel was arrested by the CBI, on charges of bribing a

Syndicate bank official.

Serial investor Rakesh Jhunjhunwala saw his net worth increase 38% from last year to INR 8,200

Crore

Technology major Infosys has produced 4 billionaires and 5 entrants on the list, more than any other

company, led by Narayana Murthy, S Gopalakrishnan, Nandan Nilekani, K Dinesh&SD

Shibulal.

India's online retailer Flipkart has raised USD 1 Bn, valuing the 7 year old internet startup at an

enormous USD 7 Bn. Unrelated founders Sachin & Binny Bansaal share a combined net worth of

INR 7800 Crore i.e. USD 1.3 Bn ( Circa 20% of Flipkart)

Stats: Record Highs

Cut-off to make list in 2014 is same as last year at INR 1800 Cr, with a record high of 230 individuals up from

141 last year (2013) and 100 the year before (2012).

The total wealth of India’s Top 100 in 2014 increased 31% to INR 20,95,300 Crores, up INR 5,00,938 Crores.

The number of dollar billionaires has jumped to a record high too, with 109 individuals, up 46 from last year

and 50 two years ago.

YearCut-off INR

Cr

No. of

people on list

No. of

US$ billionaires2012 1600 100 592013 1800 141 632014 1800 230 109

Source: The Hurun Research Institute 2014

Cut-off (in INR Cr)

2014INR Cr 2013INR Cr 2012INR CrTop 10 44,000 46,600 30,780Top 50 11,500 7,600 5,940Top 100 6,500 3,800 1,620

Source: The Hurun Research Institute 2014

Hurun India Rich List 2014

RankChange in Rank

NameWealth INR Cr.

Wealth

USDm

Change in

Wealth

Company Industry Age Residence

1 0 Mukesh Ambani 1,65,000 27,50

037% Reliance Energy 57 Mumbai

2 1 Dilip Shanghvi 1,29,00

0 21,50

043% Sun Pharma

Pharmaceuticals

58 Mumbai

3 -1 LN Mittal 97,000 16,00

0-4%

ArcelorMittal

Steel 63 London

4 0 Azim Premji 86,000 14,00

012% Wipro TMT 69 Bangalore

5 0 Shiv Nadar 78,000 13,00

041% HCL TMT 69 New Delhi

6 NewSP Hinduja &

family 72,000

12,000

NewHinduja Group

Manufacturing

80 London

7 1 Pallonji Mistry 63,000 10,50

024% Tata Sons

Engineering &

Construction

85 Mumbai

8 -2Kumara

Mangalam Birla 62,000

10,000

16% Aditya BirlaManufacturi

ng47 Mumbai

9 1Sunil Mittal &

Family 51,000 8,500 9% Bharti Airtel TMT 57 New Delhi

10 12 Gautam Adani 44,000 7,300 152%Adani

EnterprisesInfrastructur

e52

Ahmedabad

11 0 Anil Ambani 43,000 7,100 -5%ADA

RelianceInfrastructur

e54 Mumbai

12 11Cyrus S

Poonawalla 36,000 6,000 121% Serum

Pharmaceuticals

73 Pune

13 -1Savitri Jindal &

Family 35,500 5,900 10%

Jindal Steel and Power

Steel 64 Hisar

13 0 Uday Kotak 35,500 5,900 30%Kotak

MahindraFinancial Services

55 Mumbai

15 -1Anand Burman

& Family 31,000 5,100 24% Dabur FMCG 62 New Delhi

16 1Desh Bandhu

Gupta 29,000 4,800 36% Lupin

Pharmaceuticals

76 Mumbai

17 -3Kushal Pal

Singh 28,000 4,600 12% DLF Real estate 83 New Delhi

18 * Adi Godrej 27,000 4,500 * Godrej FMCG 72 Mumbai18 * Jamshyd Godrej 27,000 4,500 * Godrej FMCG 72 Mumbai

20 -4 Micky Jagtiani 26,000 4,300 11% LandmarkMulti Brand

Retail63 Dubai

21 -3 Rahul Bajaj 24,500 4,100 16% Bajaj Auto Automobile 76 Pune

22 -2Brijmohan Lall

Munjal & Family

24,000 4,000 23%Hero Moto

CorpAutomobile 91 Ludhiana

23 * Ravi Ruia 23,000 3,800 * Essar Energy 65 Mumbai23 * Shashi Ruia 23,000 3,800 * Essar Energy 70 Mumbai

25 -7 Anil Agarwal 21,000 3,500 0%Vedanta Resource

Energy 61 London

26 8Benu Gopal

Bangur 20,000 3,300 72%

Shree Cements

Manufacturing

83 Kolkata

26 3 Pankaj Patel 20,000 3,300 69%Cadila

HealthcarePharmaceuti

cals61

Ahmedabad

26 New Prakash Lohia 20,000 3,300 NewIndorama Ventures

Manufacturing

62 London

29 -8Subhash Chandra

19,500 3,200 8% ZeeMedia &

Entertainment

63 Mumbai

30 -1 Rajan Raheja 17,500 2,900 31%Hathway

Cable

Media & Entertainme

nt60 Mumbai

30 -4 Yusuf Hamied 17,500 2,900 26% CiplaPharmaceuti

cals77 Mumbai

32 New Nitin Sandesara 17,000 2,800 NewSandesara

GroupEnergy 54 Vadodara

33 25 Chandru Raheja 16,500 2,700 151%Shoppers

StopMulti Brand

Retail74 Mumbai

33 25 Vikram Lal 16,500 2,700 159%Eicher Motors

Automobile 72 New Delhi

35 -12 Feroz Allana 15,500 2,600 -7% IFFCOFood &

Beverages- Sharjah

36 NewRomesh T Wadhwani

15,000 2,500 NewSymphony Technology

TMT 67 Palo Alto

37 NewMadhukar

Parekh 14,500 2,400 New Pidilite

Manufacturing

68 Mumbai

38 -9 GV Prasad 14,000 2,300 16%Dr. Reddy's

LabPharmaceuti

cals73 Hyderabad

38 20Vivek Chaand

Sehgal 14,000 2,300 122%

Motherson Sumi

System

Manufacturing

58 New Delhi

40 14 Gautam Thapar 13,500 2,200 99%Crompton Greaves

Manufacturing

53 New Delhi

40 56PV Ramaprasad

Reddy 13,500 2,200 258%

Aurobindo Pharma

Pharmaceuticals

56 Hyderabad

42 -6 Ashwin Dani 13,000 2,200 24% Asian Paints Manufacturi 72 Mumbai

ng

42 -17 Kalanithi Maran 13,000 2,200 -16%Sun

Network

Media & Entertainme

nt49 Chennai

42 NewKavitark Ram

Shriram 13,000 2,200 New Google TMT 58

Menlo Park

45 -16 Indu Jain 12,500 2,100 1%Bennett Coleman

Media & Entertainme

nt77 New Delhi

45 * Rishad Naoroji 12,500 2,100 * Godrej FMCG 63 Mumbai

45 NewVijay Chauhan

& Family 12,500 2,100 New

Parle Products

Food & Beverages

78 Mumbai

48 48 Baba Kalyani 12,000 2,000 196%Bharat Forge

Manufacturing

65 Pune

49 -9 Harsh Mariwala 11,500 1,900 17% Marico FMCG 63 Mumbai

49 -20 MA Yousufali 11,500 1,900 -5% EmkeMulti Brand

Retail58 Abu Dhabi

49 1 Murali Divi 11,500 1,900 45% Divi's LabPharmaceuti

cals62 Hyderabad

49 New Ravi Jaipuria 11,500 1,900 New RJ CorpManufacturi

ng59 New Delhi

53 -17NR Narayana

Murthy 11,000 1,800 7% Infosys TMT 68 Bangalore

53 5 Qimat Rai Gupta 11,000 1,800 81%Havells India

Manufacturing

77 New Delhi

53 -19Venugopal

Dhoot 11,000 1,800 -5% Videocon Energy 63 Mumbai

53 New Vinod Khosla 11,000 1,800 NewKhosla

VenturesInvestments 59

Portola Valley

57 -17 Ajay Piramal 10,500 1,700 13%Piramal

EnterprisePharmaceuti

cals59 Mumbai

58 -8Glenn Saldanha

& Family 10,000 1,700 25%

Glenmark Pharma

Pharmaceuticals

76 Mumbai

58 6 Rajesh Mehta 10,000 1,700 85%Rajesh

ExportersJewellery 49 Bangalore

60 -10 Abhay Vakil 9,900 1,600 29% Asian PaintsManufacturi

ng63 Mumbai

60 -14 Ashwin Choksi 9,900 1,600 23% Asian PaintsManufacturi

ng71 Mumbai

60 New Nirav Modi 9,900 1,600 NewFirestar

DiamondsJewellery 43 Mumbai

60 NewPrithviraj Kothari

9,900 1,600 New RSBL Jewellery 49 Mumbai

64 * Malvinder Singh 9,800 1,600 * Fortis Healthcare 38 New Delhi

Healthcare

64 * Shivinder Singh 9,800 1,600 *Fortis

HealthcareHealthcare 36 New Delhi

66 New Manoj Bhargava 9,600 1,600 New5 Hour Energy

Food & Beverages

61Farmingto

n Hills

66 -30 Ravi Pillai 9,600 1,600 -6%Ravi Pillai

GroupReal estate 64 Dubai

68 New Samprada Singh 9,300 1,500 NewAlkem

LaboratoriesPharmaceuti

cals88 Mumbai

69 -15 GM Rao 9,200 1,500 27% GMRInfrastructur

e64 Bangalore

70 -24Kapil & Rahul

Bhatia 9,100 1,500 6%

Interglobe Enterprise

Aviation82/54

New Delhi

71 New Ratan Tata 9,000 1,500 New Tata SonsManufacturi

ng77 Mumbai

71 New Suhail Rizvi 9,000 1,500 NewRizvi

Traverse Capital

TMT 49San

Francisco

71 -28 Sunny Varkey 9,000 1,500 1%Gems

EducationOther

Services57 Dubai

71 New Swraj Paul 9,000 1,500 NewCaparo Group

Manufacturing

83 London

75 New Aloke Lohia 8,900 1,500 NewIndorama Ventures

Manufacturing

56 Bangkok

75 -21Mangal Prabhat

Lodha 8,900 1,500 25%

Lodha Group

Real estate 58 Mumbai

77 -31S

Gopalakrishnan 8,800 1,500 6% Infosys TMT 59 Bangalore

78 -32 Nandan Nilekani 8,600 1,400 3% Infosys TMT 59 Bangalore

78 New Sanjay Singal 8,600 1,400 NewBhushan Power &

SteelSteel 55 New Delhi

80 -16Rakesh

Jhunjhunwala 8,200 1,400 38%

Rare Enterprises

Investments 54 Mumbai

81 -17 Mofatraj Munot 8,000 1,300 23%Kalpataru

GroupReal estate 70 Mumbai

81 15 Sanjiv Goenka 8,000 1,300 102%Spencer Retail

Multi Brand Retail

53 Kolkata

83 -19Niranjan

Hiranandani 7,900 1,300 44%

Hiranandani Group


83 2 VG Siddhartha 7,900 1,300 67% Mindtree TMT 55 Bangalore85 -14 BR Shetty 7,800 1,300 53% NMC Group Healthcare 72 Abu Dhabi

85 NewKrishnan Ganesh

7,800 1,300 New IT&T Investments 52 Bangalore

85 New Nusli Wadia 7,800 1,300 New Britannia FMCG 70 Mumbai

88 * Samir Mehta 7,600 1,300 *Torrent Pharma

Pharmaceuticals

51Ahmedaba

d

88 * Sudhir Mehta 7,600 1,300 *Torrent Pharma

Pharmaceuticals

60Ahmedaba

d

90 -19Hemendra

Kothari 7,400 1,200 37%

DSP BlackRock

Investments 68 Mumbai

91 5Devendra

Kumar Jain 7,200 1,200 80%

Gujarat Flourochemi

cals

Manufacturing

85 New Delhi

91 -6 Irfan Razack 7,200 1,200 63%Prestige Estate

ProjectsReal estate 61 Bangalore

91 -37Mallika

Srinivasan 7,200 1,200 3% TAFE

Manufacturing

55 Chennai

94 -44TS

Kalyanaraman 7,100 1,200 New

Kalyan Jewellers

Jewellery 67 Thrissur

94 -23 Vikas Oberoi 7,100 1,200 39%Oberoi Realty


96 -11AMM Velayyan

& Family 7,000 1,200 61%

Carborundum Universal

Abrasives 61 Chennai

97 -26 Anu Aga 6,800 1,100 33% Thermax Energy 72 Pune

97 17 Rajju Shroff 6,800 1,100 167%United

PhosphorusManufacturi

ng77 Mumbai

99 28Lachman Das

Mittal 6,600 1,100 New Sonalika

Manufacturing

79 Hoshiarpur

100 -15Kiran

Mazumdar-Shaw

6,500 1,100 41% BioconPharmaceuti

cals61 Bangalore

101 -16Radhe Shyam

Agarwal 6,400 1,100 42% Emami FMCG 68 Kolkata

101 -16Radhe Shyam

Goenka 6,400 1,100 42% Emami FMCG 67 Kolkata

103 -32 Joy Alukkas 6,300 1,000 12% Joy Alukkas Jewellery 58 Kochi

104 -19Habil

Khorakiwala 6,100 1,000 36% Wockhardt Healthcare 72 Mumbai

104 3MG George Muthoot &

Family 6,100 1,000 78%

Muthoot Finance

Financial Services

65 New Delhi

104 -33 Prathap Reddy 6,100 1,000 27%Apollo

HospitalsHealthcare 82 Chennai

104 -33Bhupendra

Kumar Modi 6,100 1,000 18% Spice Group TMT 65 Singapore

104 -40 K Dinesh 6,100 1,000 9% Infosys TMT 60 Bangalore

104 10Chirayu R Amin

& Family 6,100 1,000 New

Alembic Pharma

Pharmaceuticals

68 Mumbai

110 17 Onkar Kanwar 5,779 960 203%Apollo Tyres

Manufacturing

71 Gurgaon

111 -83 Ajay Kalsi 5,700 940 -55% Indus Gas Energy 49 New Delhi

111 3 Bhadresh Shah 5,700 940 133%AIA

EngineeringManufacturi

ng63

Ahmedabad

111 -4 Deepak Babani 5,700 940 79% Eros GroupMedia &

Entertainment

- Dubai

114 -43 SD Shibulal 5,600 930 6% Infosys TMT 59 Bangalore

114 13Virendra Mhaiskar

5,600 930 206% IRB InfraInfrastructur

e43 Mumbai

116 -45 Jaiprakash Gaur 5,500 910 2%JP

AssociatesInfrastructur

e83 New Delhi

116 NewJithendra Virwani

5,500 910 New

Embassy Property

Developments Limited

Real estate 48 Bangalore

118 -47 Analgit Singh 5,400 900 8% Max IndiaFinancial Services

60 New Delhi

118 -54 Tony Jashanmal 5,400 900 -6%Jashanmal

GroupMulti Brand

Retail66 Dubai

120 -6BL Taparia &

Family 5,100 850 100%

Supreme Industries

Manufacturing

79 Mumbai

120 -13Ramesh

Genomal & Family

5,100 850 55%Page

IndustriesManufacturi

ng61 Bangalore

122 NewPrakash

Chauhan & Family

5,000 830 NewParle Agro

FoodsFood &

Beverages68 Mumbai

123 -38Premchand

Godha 4,900 810 10%

IPCA Laboratories

Pharmaceuticals

68 Mumbai

123 -27Ramesh Agarwal

4,900 810 25% DB CorpMedia &

Entertainment

69 Bhopal

123 -9Venkatachalam

Sthanu Subramani

4,900 810 New Just DialE-

Commerce- Mumbai

126 *Gurbachan

Singh Dhingra 4,800 800 *

Berger Paints

Manufacturing

64 Kolkata

126 -55 Jawaharlal Gangaramani

4,800 800 -6% Al Fara Group

Engineering &

Constructio

- Al Ai

n

126 -55 Khimji Family 4,800 800 -6%Khimji Ramdas

Diversified - Muscat

126 *Kuldip Singh

Dhingra 4,800 800 *

Berger Paints

Manufacturing

67 Kolkata

126 New Ramesh Juneja 4,800 800 NewMankind Pharma

Pharmaceuticals

60 New Delhi

126 -55 Ranjan Pai 4,800 800 -6%

Manipal Education &

Medical Group

Education 41 Bangalore

132 -36 TT Jagannathan 4,700 780 24%TTK

PrestigeManufacturi

ng66 Bangalore

133 -6Mannalal B Agarwal &

Family 4,500 750 136%

Ajanta Pharma

Pharmaceuticals

67 Mumbai

134 -49 Karsanbhai Patel 4,400 730 -3%Nirma Group

FMCG 70Ahmedaba

d

134 -38 Shishir Bajaj 4,400 730 21%Bajaj

HindustanManufacturi

ng66 Mumbai

136 -78 Anand Mahindra 4,300 710 New M&M Automobile 59 Mumbai136 New Tulsi Tanti 4,300 710 New Suzlon Energy 57 Pune

138 NewB Govindan &

Family 4,200 700 New

Bhima Jewellers

Jewellery - Alappuzha

138 NewCV Jacob &

Family 4,200 700 New Synthite

Manufacturing

81 Kochi

138 New Rajiv Poddar 4,200 700 NewBalkrishna Industries

Tyres 29 Mumbai

138 -53 Yogesh Mehta 4,200 700 -6%Petrochem

MELogistics - Dubai

142 New GV Bhaskar Rao 4,100 680 New Kaveri Seed Agriculture 62Secundera

bad

142 -15KM Mammen &

Family 4,100 680 115% MRF Tyres - Chennai

144 New Chandu Virani 4,000 660 NewBalaji Wafers

Food & Beverages

52 Rajkot

145 New Binny Bansaal 3,900 650 New FlipkartE-

Commerce33 Bangalore

145 New Rajiv Gupta 3,900 650 New MGF Real estate 68 New Delhi

145 New Sachin Bansaal 3,900 650 New FlipkartE-

Commerce33 Bangalore

148 NewGetamber

Anand 3,700 610 New ATS Group Real estate - Noida

148 -21 Rana Kapoor 3,700 610 90% Yes Bank Financial 57 Mumbai

Services

150 NewAchal Anil

Bakeri & Family 3,600 600 New Symphony FMCG 54

Ahmedabad

150 -54 Rizwan Sajan 3,600 600 -6%Danube Group

Engineering &

Construction

50 Dubai

150 NewSalil Singhal &

Family 3,600 600 New PI Industries

Manufacturing

- New Delhi

153 -57Amit Jatia &

Family 3,500 580 -9%

Westlife Developmen

t (McDonald'

s India)

Hospitality 47 Mumbai

153 -57 Harsh Goenka 3,500 580 NewRPG

EnterprisesInfrastructur

e56 Mumbai

153 NewSanjeev

Bikhchandani 3,500 580 New

Info Edge India

Media & Entertainme

nt50 New Delhi

156 -42 Atul Ruia 3,400 560 38%Phoenix

MillsReal estate 43 Mumbai

156 * Hari Bhartia 3,400 560 *Jubilant Life

ScienceFood &

Beverages57 New Delhi

156 -71Keshub

Mahindra 3,400 560 New

Mahindra & Mahindra

Automobile 91 Mumbai

156 -29MP

Ramachandran 3,400 560 78%

Jyothy Laboratories

Manufacturing

68 Mumbai

156 NewSatish Ramanlal

Mehta 3,400 560 New Emcure Healthcare 63 Pune

156 * Shyam Bhartia 3,400 560 *Jubilant Life

ScienceFood &

Beverages61 New Delhi

162 -35 Madhu Kapur 3,300 550 New Yes BankFinancial Services

51 Mumbai

162 -48Ramesh Chandra

3,300 550 23% Unitech Real estate 75 New Delhi

162 -55Shobhana Bhartia

3,300 550 3% HT MediaMedia &

Entertainment

57 New Delhi

165 New Abhay Firodia 3,200 530 NewForce

MotorsAutomobile 69 Pune

165 New Anand Jain 3,200 530 New Jai CorpGP/GC Sheets

57 Mumbai

165 NewBipin Jasvantrai

Mehta 3,200 530 New

Rajesh Exports

Jewellery - Bangalore

168 NewSatyanarayan Nandlal Nuwa

3,100 510 NewSolar

IndustriesManufacturi

ng62 Nagpur

169 *Bimal Gyan Chandani &

Family 3,000 500 * RSPL Jewellery 53 Kanpur

169 New Dhiraj Rajaram 3,000 500 New Mu SigmaE-

Commerce- Bangalore

169 -62Hasmukh

Chudgar & Family

3,000 500 -6%Intas

PharmaPharmaceuti

cals78

Ahmedabad

169 *Murli Dhar

Gyan Chandani & Family

3,000 500 * RSPL Jewellery 65 Kanpur

169 -62 Priya Paul 3,000 500 -6%Appejay Surender

GroupHospitality 47 Kolkata

174 -47 PNC Menon 2,900 480 37%Sobha

DevelopersReal estate 66 Bangalore

174 NewPrakash M Sanghvi &


Ratnamani Metals and

TubesSteel 56

Ahmedabad

174 -47Prithvi Raj

Singh Oberoi 2,900 480 50%

East India Hotels

Hospitality 85 New Delhi

174 NewPuranmal Bansal

& Family 2,900 480 New

M.D Overseas

Trading 85 New Delhi

174 -60 Shahrukh Khan 2,900 480 14%Red Chillies Entertainme

nt

Media & Entertainme

nt48 Mumbai

179 -52Mahendra

Mohan Gupta & Family

2,800 460 36%Jagran

Prakashan

Media & Entertainme

nt72 Kanpur

179 New Paul P John 2,800 460 NewJohn

DistilleriesFood &

Beverages- USA

179 New Raghav Bahl 2,800 460 NewTV 18

Broadcast

Media & Entertainme

nt53 Noida

182 NewKochouseph

Chittilappilly & Family

2,700 450 New V guard FMCG 64 Kochi

182 -68 Rohtas Goel 2,700 450 6%Omaxe Realty

Real estate 53 New Delhi

184 NewAshok Kumar

Kajaria & Family

2,600 430 New Kajaria Ceramics 67 New Delhi

184 NewRamachandra N Galla & Family

2,600 430 NewAmara Raja

BatteryAuto-

Ancillaries76 Hyderabad

186 NewKamal Kishore

Gupta 2,500 410 New

Omkar Realtors


186 -79 Naresh Goyal 2,500 410 -16% Jet Airways Aviation 65 Mumbai

186 NewShashi Kiran

Shetty 2,500 410 New

Allcargo Logistics

Logistics 57 Mumbai

189 -75 Azad Moopen 2,400 400 -6%DM

HealthcareHealthcare - Dubai

189 NewBalkrishnan

Goenka 2,400 400 New

Welspun Corp

Tubes and Pipes

48 Mumbai

189 NewDinesh

Nandwana 2,400 400 New

Vakranjee Software

TMT 51 Mumbai

189 -75MAM

Ramaswamy & Family

2,400 400 -6%Chettinad Cement

Manufacturing

83 Chennai

189 New Motilal Oswal 2,400 400 NewMotilal Oswal

Financial Services

52 Mumbai

189 -75P Mohammed

Ali 2,400 400 -6%

Gulfar Engineering

& Contracting

SAOG

Engineering &

Construction

- Muscat

189 -75Ramesh S

Ramakrishnan 2,400 400 -6%

Transworld Group

Logistics - Dubai

189 NewVC

Nannapaneni 2,400 400 New

Natco Pharma

Pharmaceuticals

66 Hyderabad

197 * Atul Chordia 2,300 380 *Panchshil

RealtyReal estate 48 Pune

197 NewBasant Kumar

Birla 2,300 380 New

Century Textile

Textiles 93 Kolkata

197 New GSK Velu 2,300 380 NewTrivitron

HealthcareHealthcare 46 Chennai

197 NewKunwer Sachdev

2,300 380 New Su KamManufacturi

ng48 New Delhi

197 New Naresh Trehan 2,300 380 NewMedanta Medicity

Healthcare 68 New Delhi

197 * Sagar Chordia 2,300 380 *Panchshil

RealtyReal estate 48 Pune

203 NewChandramogan R G & Family

2,200 360 New Hatsun AgroFood &

Beverages65 Sivakasi

203 NewNimesh

Kampania 2,200 360 New

JM Financials

Financial Services

67 Mumbai

203 New PVN Raju 2,200 360 New Gland Pharmaceuti - Hyderabad

Pharma cals

203 NewReji Abraham &


Aban Offshore

Energy 43 Chennai

203 -76 Sameer Gehlaut 2,200 360 15%Indiabulls Financial Services

Financial Services

40 Mumbai

203 -132 Vijay Mallya 2,200 360 -55%United

BreweriesFood &

Beverages58 Bangalore

209 NewArun Bharat

Ram 2,100 350 New SRF Textiles 73 New Delhi

210 New AM Arun 2,000 330 NewVasan Eye

CareHealthcare 45

Tiruchirappalli

210 NewDhruv M

Sawheny & Family

2,000 330 NewTriveni

TurbinesManufacturi

ng65 New Delhi

210 New Jai R Shroff 2,000 330 NewAdvanta Limited

Agriculture 39 Hyderabad

210 NewJanardan

Agarwal & Family

2,000 330 NewBombay Rayon

Textiles 64 Mumbai

210 New Karan Thapar 2,000 330 NewGreaves Cotton

Manufacturing

57 Mumbai

210 New Kishore Biyani 2,000 330 NewFuture Capital

Multi Brand Retail

53 Mumbai

210 NewP A Jose &


Josco Jewellers

Jewellery - Kottayam

210 NewRamesh Kumar Dua & Family

2,000 330 NewRelaxo

FootwearLeather Products

59 New Delhi

210 New Sudhir Hasija 2,000 330 New KarbonnMobile Phones

55 Bangalore

219 New B Soundararajan 1,900 310 NewSuguna Foods

Food & Beverages

53Coimbator

e

219 New GB Soundarajan 1,900 310 NewSuguna Foods

Food & Beverages

-Coimbator

e

219 -92Nikhil &

Bhavesh Gandhi 1,900 310 -1%

Pipavav Defence and

Offshore Engineering

Manufacturing

- Mumbai

219 New Rahul Dhanuka 1,900 310 NewDhanuka Agritech

Chemicals 40 Gurgaon

223 -183Brij Bhushan

Singal 1,800 300 -81%

Bhushan Power &

SteelSteel 76 New Delhi

223 -96 Kamal Khetan 1,800 300 -6% Sunteck Real estate 42 Mumbai

Realty

223 -96Lachmandas

Pagarani 1,800 300 -6%

Al Maya Group

Multi Brand Retail

83 Dubai

223 New Mehul Thakur 1,800 300 NewViva Group (Musafir.co

m )

E-Commerce

- Thane

223 NewSandeep

Pravinbhai Engineer

1,800 300 NewAstral Poly

TechPlastics 53

Ahmedabad

223 -96 Santosh Joseph 1,800 300 -6% Dubai Pearl Real estate - Dubai

223 New SP Oswal 1,800 300 NewVardhman Textiles

Textiles 70Chandigar

h

223 NewVishnubhai M Patel & Family

1,800 300 NewSadbhav

Engineering

Engineering &

Construction

72Ahmedaba

d

hurun india rich list 2014

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