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

IPL 2022, GT vs RR , Final Preview: Can Rajasthan win the title for Shane Warne?

IPL 2022, GT vs RR , Final Preview: Can Rajasthan win the title for Shane Warne?

‘Bhool Bhulaiyaa 2’ actor Kartik Aaryan's meet-and-greet with fans in Pune

‘Bhool Bhulaiyaa 2’ actor Kartik Aaryan's meet-and-greet with fans in Pune

Woman stabbed on busy road in Hyderabad, incident caught on camera

Woman stabbed on busy road in Hyderabad, incident caught on camera

Banner barring BJP workers from entering police station in UP goes viral

Banner barring BJP workers from entering police station in UP goes viral

BFFs Kareena Kapoor, Amrita and Malaika Arora take on trolls calling them ‘Buddhi’

BFFs Kareena Kapoor, Amrita and Malaika Arora take on trolls calling them ‘Buddhi’

'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

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

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?'

US Markets: S&P 500, Dow log best week since November 2020

US Markets: S&P 500, Dow log best week since November 2020

Top market news: Business brief for May 28; from GDP cuts to warnings for startups

Top market news: Business brief for May 28; from GDP cuts to warnings for startups

Bulls are back: Markets set to snap losing streak

Bulls are back: Markets set to snap losing streak

Investor who called the 2008 crash says 2022 is a 'plane crash'

Investor who called the 2008 crash says 2022 is a 'plane crash'

Gautam Adani's wealth went up by Rs 300 cr everyday this year! This is what all he owns

Gautam Adani's wealth went up by Rs 300 cr everyday this year! This is what all he owns

More videos

Oh SNAP! $160 billion wiped out, is the dream run over?

Oh SNAP! $160 billion wiped out, is the dream run over?

'Prepare for the Worst' Silicon Valley kingmaker warns startups

'Prepare for the Worst' Silicon Valley kingmaker warns startups

Markets at close: Terrible Thursday, biggest single-day fall in 2 months

Markets at close: Terrible Thursday, biggest single-day fall in 2 months

Explained | Why Tesla is no longer on 'green and clean' index, Musk calls S&P a scam

Explained | Why Tesla is no longer on 'green and clean' index, Musk calls S&P a scam

Markets crack: Sensex sinks 1000 points, Nifty below 16000

Markets crack: Sensex sinks 1000 points, Nifty below 16000

Markets crash: Inflation, rate hike hits tech and retailers big time

Markets crash: Inflation, rate hike hits tech and retailers big time

LIC IPO Muted Debut: Here is what Macquarie makes of the stock

LIC IPO Muted Debut: Here is what Macquarie makes of the stock

LIC IPO Listing: Debut at discount but gains traction

LIC IPO Listing: Debut at discount but gains traction

Ambuja and ACC shareholders - this is what the Adani acquisition means for you

Ambuja and ACC shareholders - this is what the Adani acquisition means for you

Adani to acquire Ambuja Cement and ACC from Holcim

Adani to acquire Ambuja Cement and ACC from Holcim

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