Satish Reddy
Chairman, Dr Reddy’s Laboratories Satish Reddy is the chairman of listed pharma company Dr Reddy’s Laboratories, in which he has a minority stake. The company was founded by his late father K.Anji Reddy in 1984. Net worth: $1.6 billion. Reddy, brother-in-law G.V.Prasad, who is also a billionaire, is the co-chairman and managing director of the company. Dr. Re...    read more
Anurang Jain
Managing Director, Endurance Technologies The late motorcycle tycoon Rahul Bajaj’s nephew Anurang Jain started Endurance Technologies in 1985 to supply aluminum castings to his uncle’s Bajaj Auto. Jain owns a majority stake in Endurance, which supplies parts for two-wheelers and three-wheelers in India and car parts in Europe. Net worth: $1.6 billion. Enduran...    read more
Hari Bhartia
FOUNDER & CO – CHAIRMAN, The Jubilant Bhartia group Hari Bhartia co-chairs the Jubilant Bhartia group with interests in energy, fast food, pharma and auto distribution. The Jubilant group includes four listed companies. Net worth: $1.5 billion Jubilant Foodworks has hundreds of Domino’s Pizza outlets across India. Jubilant Life Sciences was split into two...    read more
Atul Ruia
Managing Director,  Phoenix Mills US-educated Atul Ruia parlayed his family’s ailing textile empire into a major real estate player with interests in retail, commercial, residential and hospitality. The bulk of his wealth is tied to listed mall operator The Phoenix Mills, which he chairs. Net worth: $1.6 billion. Phoenix Mills has malls across India in cities such ...    read more
Shyam Bhartia
FOUNDER & CHAIRMAN, The Jubilant Bhartia group Shyam Bhartia chairs the Jubilant Bhartia group with interests in energy, fast food, pharma and auto distribution. The Jubilant group has four listed companies. Net worth: $1.5 billion Jubilant Foodworks has hundreds of Domino’s Pizza outlets across India. Jubilant Life Sciences was split into two companies, Jubila...    read more
Anand Deshpande
Chairman and Managing Director, Persistent Systems Anand Deshpande is chairman and managing director of software firm Persistent Systems, headquartered in Pune. He started the company in 1990 as a database firm, pooling $21,000 from his savings and borrowings from his father and some friends. Net worth: $1.6 billion. Persistent gets the bulk of its revenue from North Ame...    read more
Kailashchandra Nuwal
Solar Industries Kailashchandra Nuwal gets his wealth from shares in Solar Industries, a maker of industrial explosives founded by his brother Satyanarayana Nuwal. Solar Industries gets the biggest chunk of its annual revenue from exports, followed by housing and infrastructure, state-owned coal companies and the defense sector. Net worth: $1.5 billion Until 2019 he was ...    read more
Basudeo Singh
Chairman, Alkem Laboratories Basudeo Singh is the executive chairman of Indian generics firm Alkem Laboratories. His son Dhananjay Kumar Singh, Alkem’s joint managing director, has been named to succeed him as executive chairman. Net worth: $1.7 billion. Basudeo Singh is the cousin of Alkem’s late billionaire cofounder Samprada Singh. ...    read more
Jitendra Virwani
Founder and Chairman, The Embassy Group Property baron Jitendra Virwani’s Embassy Group has a mixed portfolio of more than 62 million square feet developed across the country. Embassy, together with private equity firm Blackstone, listed India’s first-ever REIT in March 2019. Net worth: $1.7 billion. Embassy has a roster of multinational tenants such as Googl...    read more
Amit Burman
OWNER, Dabur India Limited Amit Burman is the fifth-generation scion of the storied Burman clan, which controls consumer goods company Dabur. An MBA from Cambridge University, he started off in Dabur’s industrial engineering department where he worked on mechanization and packaging. Net worth: $1.5 billion He went on to lead Dabur’s foray into processed foods...    read more
Inder Jaisinghani
Chairman and Managing Director, Polycab India Inder Jaisinghani runs Polycab India, which makes electrical wires and cables. He started the company as a trading firm in 1986. International Finance Corporation, the private equity arm of the World Bank, picked up a stake in the company in 2008. Net worth: $1.7 billion. In 2014, Polycab expanded into making products such as...    read more
Suresh Krishna
FOUNDER, Sundram Fasteners Suresh Krishna chairs the Chennai-based Sundram Fasteners, which makes components for the auto sector. Krishna is the oldest member of the third generation of the storied T.V. Net worth: $1.5 billion Sundaram Iyengar family from the southern Indian state of Tamil Nadu. Four families tied to the TVS Group restructured their cross-holdings, as pe...    read more
Niranjan Hiranandani
CO – FOUNDER, Hiranandani Group Indian property tycoon Niranjan Hiranandani cofounded Hiranandani Group with brother Surendra, who now runs his independent venture. The brothers still own some assets jointly, mainly the Powai township in suburban Mumbai, which they built on a former quarry. Net worth: $1.5 billion They sold part of their commercial and retail asset...    read more
Aloke Lohia
FOUNDER, Indorama Ventures Indian-born plastics tycoon, Aloke Lohia, is the younger brother of Sri Prakash Lohia, one of Indonesia’s richest. The Bangkok resident runs $18.7 billion (revenue) Indorama Ventures, the world’s largest producer of PET resins by capacity. Net worth: $1.5 billion To expand its global footprint, Indorama has been on an acquisition sp...    read more
Pavan Jain
Chairman, INOX Group Pavan Jain is the chairman of Delhi-based INOX Group. His son Siddharth Jain runs INOX Air Products, which supplies medical oxygen, and INOXCVA, which manufactures cryogenic tanks. Net worth: $1.7 billion His brother Vivek Jain is chairman of the Inox GFL group, which includes listed Gujarat Fluorochemicals and Inox Wind. Patriarch Devendra Jain divi...    read more
Rajinder Gupta
Founder, Trident Rajinder Gupta is the founder of Trident, a company known for its home textiles, paper and chemicals. The Ludhiana-based company makes bath and bed linen such as towels, duvets and fitted sheets. Net worth: $1.7 billion Two-thirds of Trident’s annual revenue is from exports to more than 150 countries. Trident has factories in the Indian states of P...    read more
Sekar Vembu
Zoho Sekar Vembu get his wealth from his holding in privately held Zoho, which offers business software on the cloud. He cofounded AdventNet, the precursor to Zoho, along with his two brothers as well as three other friends. Net worth: $1.6 billion In 2002, he set up Vembu Technologies in Chennai, which offers data backup and disaster recovery solutions to small and medi...    read more
Chirayu Amin
CHAIRMAN, Alembic Pharmaceuticals Pharma tycoon Chirayu Amin’s Alembic Pharmaceuticals is one of India’s oldest pharma companies. Alembic was founded by Amin’s grandfather in 1907 to make tincture and alcohol. Net worth: $1.6 billion Today, Alembic gets more than a third of its annual revenue from the domestic market selling generic drugs, including pop...    read more
Devi Shetty
Founder, Narayana Health Cardiac surgeon Devi Shetty founded and runs Bangalore-based hospital chain Narayana Health. It has 47 healthcare facilities including a hospital in the Cayman Islands. Net worth: $1.7 billion U.K.-trained Shetty founded Narayana Health as Narayana Hrudayalaya in the year 2000. Shetty took the company public in 2015. Biopharma billionaire Kiran M...    read more
Vinod Saraf
Founder and Chairman, Vinati Organics Limited An MBA from BITS Pilani, Vinod Saraf started his career working for Aditya Birla, billionaire Kumar Birla’s late father. In 1989, he set up his own venture to manufacture isobutyl benzene, the key raw material used for making ibuprofen, a popular painkiller. Net worth: $1.8 billion His listed Vinati Organics is now amon...    read more
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