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

Apple iPhone Duo Price In India: What Do You Get For ₹2,99,900?

Apple iPhone Duo Price In India: What Do You Get For ₹2,99,900?

iPhone Duo Costs ₹2,99,900 In India. Here’s What It Costs In Other Countries

iPhone Duo Costs ₹2,99,900 In India. Here’s What It Costs In Other Countries

iPhone 18 Pro vs iPhone 17 Pro: What Does Apple Actually Give You For ₹1.65 Lakh?

iPhone 18 Pro vs iPhone 17 Pro: What Does Apple Actually Give You For ₹1.65 Lakh?

Google Pixel 11 Pro XL Review: Google Knows Exactly What It’s Good At

Google Pixel 11 Pro XL Review: Google Knows Exactly What It’s Good At

Logitech Launches MX Keypad in India, Brings Physical Controls to AI Coding Workflows

Logitech Launches MX Keypad in India, Brings Physical Controls to AI Coding Workflows

Smartphone Habits Are Reshaping What Indian Consumers Expect From Laptops and AI PCs

Smartphone Habits Are Reshaping What Indian Consumers Expect From Laptops and AI PCs

India Is Buying Fewer Smartphones, But Spending More. POCO Says ‘Value’ Has Fundamentally Changed

India Is Buying Fewer Smartphones, But Spending More. POCO Says ‘Value’ Has Fundamentally Changed

POCO X8, X8 Power Launched in India With Up to 10,000mAh Battery, 100W Charging

POCO X8, X8 Power Launched in India With Up to 10,000mAh Battery, 100W Charging

'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

Frequently Asked Questions

$82.43 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?'

UPI Payments In Uzbekistan: Indian Travellers To Get QR-Based Payment Option

UPI Payments In Uzbekistan: Indian Travellers To Get QR-Based Payment Option

India’s Q1 GDP Growth Hits 7.8%, Beats RBI Estimate

India’s Q1 GDP Growth Hits 7.8%, Beats RBI Estimate

Repo rate today at 5.25%: how long an RBI decision takes to reach your home loan interest rate

Repo rate today at 5.25%: how long an RBI decision takes to reach your home loan interest rate

Step-by-step guide to apply for a mortgage loan online with minimal documentation

Step-by-step guide to apply for a mortgage loan online with minimal documentation

Honda Activa 6G: Everything You Need to Know Before Buying

Honda Activa 6G: Everything You Need to Know Before Buying

ADVERTISEMENT

editorji-whatsApp

More videos

How much does a ULIP plan really cost? A break-down of all charges

How much does a ULIP plan really cost? A break-down of all charges

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

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

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