INDIAN BILLIONAIRES | Top 10 Richest People in India | 2020

#4. UDAY KOTAK.
NET WORTH: $10.4 BILLION.
INDIAN BILLIONAIRES | Top 10 Richest People in India | 2020


Hello, Welcome to Rich and Famous TV. Today, we are looking at the Top 10 Richest people in India in 2020.



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The richest Indian billionaires' collective wealth has shrunk by 23% than what it was last year, according to Forbes. This can be blamed on the crumbling global economy due to the coronavirus outbreak.

Internationally, the pandemic has reportedly brushed off a cumulative $408 billion from the world's top 100 billionaires. And the impact has been felt back at home as well. But despite all that, here are all the tycoons who made it to the top 10 richest Indian billionaires list and how much their updated net worth is now.



Here are the 10 richest Indian billionaires of 2020:

#10. (tie) DILIP SHANGHVI.
NET WORTH: $6.1 BILLION.
Son of a pharma distributor, Dilip Shanghvi borrowed $200 from his father to start Sun Pharmaceutical Industries in 1983 to make psychiatric drugs. The company is the world's fourth-largest speciality generics maker and India's most valuable pharma outfit with March 2019 revenues of $4.1 billion.


#9. LAKSHMI MITTAL.
NET WORTH: $7.4 BILLION.

Lakshmi Mittal serves as chairman and CEO of $70.6 billion (revenue) ArcelorMittal, the world's biggest steelmaker.
Hailing from a steel clan, he separated from his siblings to start Mittal Steel then went on to merge the company with France's Arcelor in 2006.



#8. KUMAR BIRLA NET WORTH: $7.6 billion.


#7. CYRUS POONAWALLA. NET WORTH: $8.2 BILLION.


#6. SUNIL MITTAL
NET WORTH: $8.8 BILLION.

Telecom tycoon Sunil Mittal's Bharti Airtel is among India's largest mobile phone operators with more than 418 million customers. Airtel, which has SingTel as its partner, is embroiled in a bruising price war with Mukesh Ambani's Reliance Jio. Mittal also owns Airtel Payments Bank, a niche bank, in a joint venture with Kotak Mahindra Bank, controlled by fellow billionaire Uday Kotak. Mittal's son Kavin runs SoftBank-backed messaging service Hike, last valued at $1.5 billion.




#5. Gautam Adani & family. NET WORTH: $8.9 BILLION.

#4. UDAY KOTAK. NET WORTH: $10.4 BILLION.



#3. SHIV NADAR. NET WORTH: $11.9 BILLION.
Indian IT pioneer Shiv Nadar cofounded HCL in a garage in 1976 to make calculators and microprocessors. Today, he chairs HCL #2. RADHAKISHAN DAMANI
NET WORTH: $13.8 BILLION

Veteran Mumbai investor Radhakishan Damani became India's retail king after the March 2017 IPO of his supermarket chain DMart. Damani got into retailing in 2002 with one store in suburban Mumbai and has been unstoppable since.
#1. MUKESH AMBANI.
NET WORTH: $36.8 BILLION. Founder and Chairman, Reliance Industries

In 2016, Reliance sparked a price war in India's hyper-competitive telecom market with the launch of 4G phone service Jio. Jio has signed on more than 340 million customers by offering free domestic voice calls, dirt-cheap data services and virtually free smartphones.

Well, there you have it. The top 10 richest people in India. Thank you for watching my channel.

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