The 2022 Forbes list of India's 100 richest people just got out and, according to the list, the combined wealth of the top hundred grew by $25 billion to touch $800 billion. While the stock market has been down lately with the rupee falling weak for more than a year now, India's top business tycoons have managed to sail their boat through the storm. While Gautam Adani has emerged as the number one richest person in the country, and Mukesh Ambani the second, the list has some newcomers this time around.
Hailed as India's richest self-made billionaire, Falguni Nayar has found herself in the top 100 spots this year after a bumper IPO with an accumulated net worth of $4.08 billion. India's wealthiest woman, Savitri Jindal, stands at the 6th spot with a net worth of $17.4 billion. The Forbes data revealed that the top 10 richest Indian's accumulative wealth stands at $385 billion.
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Falguni Nayar richest Indians Forbes list
First-time entrant in the top 100 Richest Indians list, Nykaa founder Falguni Nayar has come a long way ever since she left as position as an investment banker to launch Nykaa, a beauty products retailer in 2012. Nayar earned the position of becoming the country's richest self-made female entrepreneur exactly a year back at a time when her firm was placed on a stock exchange. Standing firm on the 44th spot, Nayar is among a few women who are part of the list.
Savitri Jindal and their family
According to Forbes, With a net worth of $17.4 billion, 72-year-old Savitri Jindal is among the top ten richest Indians in this year's list. The Chairperson of O.P. Jindal Group, Jindal is the only woman billionaire in the top 10. Savitri Jindal chairs the Jindal group which includes power, steel, cement and infrastructure. After her spouse, Om Prakash Jindal passed away in a helicopter crash, the group's firms were divided among their four sons who run their companies independently.
The spouse of the late Rakesh Jhunjhunwala, Rekha Jhunjhunwala stands at the 30th spot in the richest Indians list. Rekha J replaced her spouse post his death, Rakesh Jhunjhunwala was often referred to as the big bull of the Indian share market. Their net worth now stands at $5.9 billion. The companies under her portfolio are Star Health, Allied Insurance, Titan and Metro Brands.
One of India's richest self-made women, Mazumdar-Shaw founded Biocon. The company became India's largest listed biopharmaceutical firm by revenue in 1978. Biocon pharmaceuticals have also successfully launched into the United States market. With a net worth of $2.7 billion, she stands at the 76th spot on the list.
The Vakil family stands at the 46th spot with a net worth of $5.2 billion. The family has members of several generations working at the companies. Nehal Vakil represents the third generation of the family running Asian Paints, which was founded in 1942. Neha is one of the significant family members who sit on the board.
With $3.7 billion as net worth, Leena Tiwari holds the 51st sport in the richest Indians list this year. As the chairperson of the privately held USV India, a pharmaceutical giant, Tiwari acquired German generics firm Juta Pharma in 2018 for an undisclosed sum.
80-year-old Anu Aga is often referred to as a fighter who defied all odds and personal mishappening to build a company while giving back to society. Aga returned to the Riches Indians lost this year. She stands at the 88th spot with a net worth of $1.9 billion. Aga derives holds a majority stake in a listed engineering firm called Thermax. Aga started working at the company in 1985 at the time it was run by her spouse. She took charge of the company in 1996 after he died due to a prolonged illness. Aga stepped down as chairperson in 2004 to get back to her social work, as her daughter Meher, a chemical engineer took over.