'Mirror Mirror On The Wall, Who Made The Most Money Of Them All?'

Updated : Dec 27, 2021 23:47
|
EJ Biz Desk

It is time to count the money bags! As the year closes we look back to take a headcount of the billionaires and how their treasure troves have filled up. Here are some of the stand out stars from he billionaire bunch-:

Also watch| Hello 2022: These 5 things are going to cost you a lot more in the new year

The Adani Family

First up on the list Gautam Adani and family, though not the richest person in India the promoters' wealth climbed up the ranks in a dizzying fashion . The Adani family's net worth more than doubled in 2021 to around $82.43 billion from around $44 billion at the end of December 2020 and around $20 billion at the end of 2019. The rise in wealth has been a function of super stock performances across the board in the Adani stocks, making not just the promoters but also shareholders a happy bunch. 

RK Damani 

Adding billions to the shopping cart this year is also veteran mumbai investor Radhakishan Damani who is now better known as one of India's retail kings after the IPO of his supermarket chain D-Mart (Avenue Supermart). Damani is now the fourth wealthiest promoter in the country with a net worth of $30.1 billion, up from $18.4 billion a year ago.

Listing Bonanza Billionaires 

Joining the billionaire party were a host of promoters as they debuted on Dalal Street. Top of the list and the lone female billionaire Falguni Nayar of Nykaa fame with $7 bn to her name followed closely by realty major Abhishek Lodha as Macrotech listed and made his treasure swell to $6 billion.

Making a mark also is Sunjay Kapur Chairman of Sona BLW which listed in June 2021 and making his personal wealth clock in at $3 billion

Radhakishan DamaniYear Ender 2021

Recommended For You

editorji | Business

RBI trims policy interest rate by 25bps to 5.25pc, loans to get cheaper

editorji | Business

Rupee slumps to all-time low of 90.25 against US dollar in intra-day trade

editorji | Business

Reliance completes merger of Star Television Productions with Jiostar

editorji | Business

India to lead emerging market growth with 7pc GDP rise in 2025: Moody’s

editorji | Business

Nifty hits record high after 14 months; Sensex nears all-time peak