Highlights

  • Billionaire promoters have a combined wealth of around $728 billion
  • The combined wealth of the 126 billionaire promoters in India is 25% of India's forecasted GDP for FY'22

Latest news

US to blockade Iran ports 'as long as it takes': Pentagon chief

US to blockade Iran ports 'as long as it takes': Pentagon chief

Lok Sabha seats in southern states to increase from 129 to 195; up by 50%: Amit Shah

Lok Sabha seats in southern states to increase from 129 to 195; up by 50%: Amit Shah

Geeta University (Panipat, Delhi NCR): Annual Progress Report (2025-2026)

Geeta University (Panipat, Delhi NCR): Annual Progress Report (2025-2026)

Shyam Group Highlights Shyam Serene: Prime Investment Gateway to Dholera SIR

Shyam Group Highlights Shyam Serene: Prime Investment Gateway to Dholera SIR

Compassion Unites: Cross-Sector Mental Health Alliance Convened at UK Parliament

Compassion Unites: Cross-Sector Mental Health Alliance Convened at UK Parliament

Pune RMC Plants Temporarily Pause Operations from April 16

Pune RMC Plants Temporarily Pause Operations from April 16

Demi Moore to star in high-stakes culinary thriller 'Tyrant'

Demi Moore to star in high-stakes culinary thriller 'Tyrant'

Anant National University to Offer Up to 100% Scholarships to UCEED 2026 Rankers

Anant National University to Offer Up to 100% Scholarships to UCEED 2026 Rankers

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

Billionaires' club has record 126 members in India now up from 85 the year before

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

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

ADVERTISEMENT

Up Next

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

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

Centre plans to borrow Rs 8.20 lakh cr from market in first half of FY27

Centre plans to borrow Rs 8.20 lakh cr from market in first half of FY27

Reliance denies buying Iranian oil amid US sanctions waiver

Reliance denies buying Iranian oil amid US sanctions waiver

Premium petrol price up Rs 2, industrial diesel up Rs 22; no change in normal petrol, diesel rates

Premium petrol price up Rs 2, industrial diesel up Rs 22; no change in normal petrol, diesel rates

India's GDP expected to register over 8 pc growth in Sep-Dec: Report

India's GDP expected to register over 8 pc growth in Sep-Dec: Report

Govt announces seven measures to help boost exports

Govt announces seven measures to help boost exports

ADVERTISEMENT

editorji-whatsApp

More videos

RBI keeps interest rates on hold after US trade deal boosts outlook

RBI keeps interest rates on hold after US trade deal boosts outlook

RBI proposes to compensate customers up to Rs 25,000 loss due to fraud

RBI proposes to compensate customers up to Rs 25,000 loss due to fraud

RBI raises GDP growth projection of Q1, Q2 of FY27

RBI raises GDP growth projection of Q1, Q2 of FY27

RBI pauses rate cuts, retains interest rate at 5.25 pc

RBI pauses rate cuts, retains interest rate at 5.25 pc

Rupee jumps 122 paise to close at 90.27 against US dollar on India-US trade deal

Rupee jumps 122 paise to close at 90.27 against US dollar on India-US trade deal

Stock markets cheer India-US trade deal: Sensex, Nifty surge 2.5 pc

Stock markets cheer India-US trade deal: Sensex, Nifty surge 2.5 pc

UPI transactions hit record high of Rs 230 lakh crore in 2025-26 till Dec: Govt

UPI transactions hit record high of Rs 230 lakh crore in 2025-26 till Dec: Govt

Explained: India-US trade deal, tariffs and trade benefits

Explained: India-US trade deal, tariffs and trade benefits

Trade deal with US adds momentum to India's growth ambition: Industry leaders

Trade deal with US adds momentum to India's growth ambition: Industry leaders

Rupee jumps 119 paise to 90.30 against the US dollar on India-US trade deal

Rupee jumps 119 paise to 90.30 against the US dollar on India-US trade deal

Editorji Technologies Pvt. Ltd. © 2022 All Rights Reserved.