Tuesday, December 3, 2024

Meet the NRI billionaires redefining India’s global influence

NRIs continue to make significant strides across industries, from construction and finance to technology and retail.

PRAVASISAMWAD.COM

Non-Resident Indians (NRIs) are not only creating wealth but are also elevating India’s reputation globally. According to the 2024 Hurun Rich List, 102 NRI billionaires span the world, particularly in the United States, United Arab Emirates, and the United Kingdom, india.com reported.

 Among these elite NRIs, Gopichand Hinduja stands as the wealthiest, with his family business spanning multiple sectors. Here’s a closer look at the top 10 wealthiest NRIs and the industries in which they have made a mark.

  1. Gopichand Hinduja & Family – Leading the NRI Wealth Chart

Based in the UK, Gopichand Hinduja and his family hold an astounding net worth of ₹192,700 crore. The Hinduja Group’s diversified portfolio, encompassing sectors such as automotive, healthcare, and finance, positions them as the wealthiest NRIs worldwide.

  1. Lakshmi Niwas Mittal – Steel Industry Icon

Steel magnate Lakshmi Niwas Mittal, the owner of ArcelorMittal, follows closely with a net worth of ₹160,900 crore. Living in the UK, Mittal’s groundbreaking contributions to the global steel industry have cemented his reputation as one of the most influential NRIs.

  1. Anil Agarwal – Mining Tycoon

Anil Agarwal, the founder of Vedanta Resources, ranks third with a net worth of ₹111,400 crore. Based in London, Agarwal has transformed Vedanta into a global leader in the mining, metals, and oil and gas sectors.

As they build their wealth and influence, they also uplift India’s global profile, showcasing the potential and impact of Indian talent worldwide

  1. Shapoorji Pallonji Mistry – Construction Mogul

Based in Monaco, Shapoorji Pallonji Mistry heads the Shapoorji Pallonji Group and holds a net worth of ₹91,400 crore. Known for large-scale construction and engineering projects, his firm is a key player in Indian real estate and infrastructure.

  1. Jay Chaudhry – Cybersecurity Pioneer

Residing in San Jose, California, Jay Chaudhry founded Zscaler and holds a net worth of ₹88,600 crore. As a leader in cybersecurity, Chaudhry has become one of the most influential Indian entrepreneurs in the global tech industry.

  1. Sri Prakash Lohia – Petrochemicals Leader

Sri Prakash Lohia, based in London, ranks sixth with a net worth of ₹73,100 crore. His firm, Indorama Corporation, specializes in petrochemicals and textiles and has a presence across multiple countries.

  1. Vivek Chand Sehgal & Family – Automotive Parts Giant

Dubai-based Vivek Chand Sehgal and his family, with a net worth of ₹62,600 crore, have built Samvardhana Motherson Group into a renowned global automotive parts conglomerate.

  1. Yusuff Ali – Retail Powerhouse

Yusuff Ali, owner of LuLu Group, resides in Abu Dhabi and holds a net worth of ₹55,500 crore. LuLu Group’s extensive hypermarkets across the Middle East are central to Ali’s wealth and influence.

  1. Rakesh Gangwal & Family – Aviation Innovator

Rakesh Gangwal, co-founder of InterGlobe Aviation (IndiGo Airlines), ranks ninth with a net worth of ₹37,400 crore. Based in the United States, Gangwal’s achievements in the aviation industry make him a prominent figure among NRI billionaires.

  1. Romesh T. Wadhwani – Technology Investment Leader

Rounding out the top 10, Romesh T. Wadhwani, founder of Symphony Technology, resides in the U.S. with a net worth of ₹36,900 crore. His investments in technology have made a significant impact on the industry.

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Pawan Bhola
Pawan Bhola
Pawan Bhola’s professional expertise lies in BusinessDevelopment. He has been working for Synerggie, Oman for the past 8 years. An MBA in Marketing,art flows naturally in him and now embarking on an exciting writing journey.

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