We are so curious to know "who is the richest now." It is an interesting topic to read about and makes us aware of the current business magnets. It even makes us comprehend how stable the economy is and whether there are any trending new business tycoons on the list. No business is easy; everything has its own risks, and fluctuations in revenue may occur for several reasons. This could also lead to a change in the ranking positions of the billionaires.
The head of Reliance Industries has been dominating the Indian market for a long time and has created benchmarks in various sectors. As you all know, his income comes from the petrochemical, retail, and telecom industries. He served as the second position for quite long and reached at the top. How high is he on the global list? A thought that would have struck your mind. The 13th richest across the world. Now, he has a net worth of $94.3 billion. He is the wealthiest in the nation.
Lately, he was trending in the news as the Hindenburg Report outlined the flaws that resulted in plummeting share prices across all his companies. Once, he was the wealthiest of the nation and at his peak for a long duration, but now he is the second. Nevertheless, it’s a just a matter of time to come back to the supreme position. Who knows? Will wait and watch. He has a net worth of $50 billion.
As far as I’m concerned, the first and second positions are just like the market and vary and cannot be fixed all the time. It may be Mukesh Ambani at the top or sometimes Adani.
The third one on the list may not be as well-known as the first and second. Nonetheless, Nadar is also a billionaire on the list. The person from a village background began his career with an engineering firm and gave it up; the turning point happened when he set up his own venture, HCL. He has a net worth of $25.6 billion.
The man behind the formation of the Serum Institute of India in 1966 and presently the world's largest vaccine producer. Apart from the fourth position, he has also ranked at the top of the Global Health Care Rich List 2022 with a net worth of 24.3 billion. Moreover, during the pandemic times, there was a necessity for vaccines everywhere, and as they dealt with bulk, they would have manufactured a lot and bagged some extra from it.
The famous investor from Mumbai holds the fifth spot on the list. He has huge stakes in a wide variety of organizations. Dmart, the supermarket chain that has branches all over India, is owned by Damani. Even so, he has a pretty decent net worth of $21.3 billion.
The executive chairman of ArcelorMittal, which is currently the second-largest steelmaking firm, most interestingly, back in 2005, Forbes, the business magazine, ranked him as the second richest person in the world. Sounds strange? The person who holds the 6th position in 2023 held the second position at the global level back then. He holds an amount of 17.9 billion dollars in assets.
The first woman on the list is a phenomenal individual who holds a net worth of $17.7 billion, and the entire family has a worth of $20.5 billion. What comes to mind when you think about Jindal? May be steel or mining, but they also deal with other industries such as power, oil, and gas, from which they get revenue.
Kumar Mangalam Birla
The story seems pretty interesting about this personality; he took the position as chairman at a younger age of 28, following the untimely demise of his father. The yearly turnover of $2 billion in 1995 has increased to $45 billion in 2021 during his tenure, which is a remarkable achievement. However, the past three years have been turbulent, and the current net worth is $16.5 billion. Undoubtedly, when the economy is stable, he will improve his position on the billionaire list.
The person behind the transformation of a wholesale business into Sun Pharmaceuticals. It was his father who gave a start to this establishment, and then business has grown steadily after Dilip took the charge. Over the years, the organization has acquired a few companies and flourished a lot. The current net worth is $15.6 billion.
The tenth richest man in India, he is known for his 17.3% stake in Tata Sons and is the largest individual shareholder. He has a net worth of $15 billion.
All in all, it may give us a wow factor when we look into the stories of billionaires. Sometimes, the above list of the rich can change, and new ones come over. The ranks may not remain stagnant, and there will be a change according to the changes in the market.