The Indian rich list – Forbes found growth in the net worth of the about half of the individuals in the list

The pandemic COVID-19 was unable to deter or slow down the prosperity of these fellow Indians

The Indian rich list – Forbes found growth in the net worth of the about half of the individuals in the list | Forbes,Economy,Business- True Scoop

Forbes released its list of the richest Indians of 2020. Contrary to the lot of common Indians, the pandemic COVID-19 has not been able to slow down the advancement of half of the top 100 Indians. About 50 individuals worked to grow their wealth by 14% from last year.

Mr. Ambani and Mr. Adani claimed the top two slots with the former being the richest one in India.

Forbes in a statement said, "Ambani added $37.3 billion, bringing his fortune to $88.7 billion, a rise of 73 per cent. Shares of his Reliance Industries soared when, amid the nation’s lockdown, Ambani raised more than $20 billion from a string of marquee investors for Jio Platforms." The company is now paving way for the big bucks in its retail subsidiary RRVL.

Also Read: Reliance Jio teams up with Mumbai-based children content creator USP Studios

Gautam Adani was able to enhance his net worth by 61%. He aspires to become airport king of India and to this aim acquired 74% stake in Mumbai airport in 2020.

The third place was taken by tech giant Shiv Nadar jumped three places to No. 3 with $20.4 billion.

There are nine newcomers on this year’s list. They include Sanjeev Bikhchandani, No.68 with $2.1 billion, cofounder of Info Edge India, siblings Nithin and Nikhil Kamath, at 90 spot with $1.55 billion, cofounders of discount stock brokerage Zerodha Broking. The new entrants also include three specialty chemicals producers Vinati Organics’ founder Vinod Saraf at 95 position with $1.4 billion, brothers Chandrakant and Rajendra Gogri at 96 with $1.39 billion, of Aarti Industries, and Arun Bharat Ram, the patriarch of SRF at 99 with $1.34 billion.

These high-performers encourage their fellow people to dream big, and work to achieve. India is a proud nation that allows of opportunities to every individual.


Trending