Sunil Bharti Mittal was at the 13th position at the beginning of 2024.
10 Richest Indians: In the industrial world, it takes a bit of a second to turn around the fortunes, especially when the stakes are at the highest levels and the race to the popular list is maddening.
Sunil Bharti Mittal, the Chairman of Bharti Enterprises, has become India’s 10th richest person as of April 20, 2024.
Interestingly, at the beginning of 2024, Sunil Bharti Mittal was the 13th richest Indian and in about four months, has climbed 3 steps to become India’s 10th richest person with a net worth of $19.7 billion.
Friday’s (April 19) trade at the NSE witnessed shares of Bharti Airtel streaming to a new high of Rs 1296.50.
Also, a 70% rally in shares of Bharti Airtel over the last year has taken Sunil Mittal’s net worth to $19.7 billion and in the process, the Founder and Chairman of Bharti Enterprises has not only entered into the top 10 wealthiest individuals in India but also knocked out steel tycoon Lakshmi Mittal, the Chairman and largest shareholder of ArcelorMittal, the world’s biggest steelmaker outside of China.
The majority of Mittal’s fortune is derived from his 28% stake in Bharti Airtel held through closely-held Bharti Enterprises and other holding companies. Apart from Bharti Airtel. Sunil Mittal also held 70% of the newly listed mobile services provider Bharti Hexacom, said cnbctv18.com.
No prizes for guessing the richest Indian.
Mukesh Ambani, the Chairman and Managing Director of Reliance Industries is the richest person in not only India but Asia. He has an estimated net worth of $112.6 billion.
Gautam Adani, the founder and chairman of the Adani Group is in the second position with an estimated net worth of $97.5 billion.
Here we are sharing with you the list of the 10 Richest Indians as of April 20, 2024.
Name Net Worth ($ bn)
- Mukesh Ambani 112.6
- Gautam Adani 97.5
- Shapoor Pallonji Mistry 37.2
- Shiv Nadar 34.2
- Savitri Jindal 31.0
- Azim Premji 25.3
- Dilip Shanghvi 24.9
- Radhakishan Damani 21.9
- Cyrus Poonawalla 20.2
- Sunil Mittal 19.7