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Tag: richest person

  • Top Famous and Successful Entrepreneurs in the World: International Entrepreneurs and Their Businesses

    Famous and popular entrepreneurs are remarkable individuals those have not only transformed industries but also inspired a global mindset shift. With diverse backgrounds and domains of expertise, they consistently lead the charts and serve as exceptional role models. These renowned business leaders have earned their status as the epitome of success and have become synonymous with achievement. What sets them apart is their unwavering self-belief, cultivated from an early age, and their relentless pursuit of success and recognition. Their stories are a testament to the power of hard work, dedication, and a resolute entrepreneurial spirit.

    Join us as we delve into the captivating life journeys of famous entrepreneurs and their business unlocking valuable lessons from these iconic figures in the business world that can inspire and empower you on your own path to success.

    What Makes an Entrepreneur Successful?

    There’s no one-size-fits-all formula for becoming a successful entrepreneur. If you look at the path of any well-known founder, you’ll notice it all started with a simple idea. But turning that idea into something real takes years of hard work, focus, adaptability, and smart planning, with the right support along the way.

    If you’re dreaming of building something of your own, start by thinking bigger than just a business, think about how your idea could make a difference or move the world forward. Once your idea is in place, it’s your commitment, strategy, and persistence that will carry it through. With time and dedication, you could be the next success story.

    List of Top Famous and Successful Entrepreneurs in the World:


    Top Billionaires Table

    S. No. Name Country Known For Net Worth, 2025
    1 Elon Musk USA Tesla, SpaceX, X (Twitter), Neuralink $420.6 Billion
    2 Jeff Bezos USA Amazon $221.8 Billion
    3 Sanjiv Bajaj India Bajaj Finserv, Finance & Insurance $6.4 Billion
    4 William Henry “Bill” Gates III USA Microsoft, Philanthropy $116.5 Billion
    5 Mark Elliot Zuckerberg USA Meta (Facebook) $231.6 Billion
    6 Nagavara Ramarao Narayana Murthy India Infosys $4.6 Billion
    7 Larry Ellison USA Oracle Corporation $206.2 Billion
    8 Michael Saul Dell USA Dell Technologies $113.6 Billion
    9 Carlos Slim Mexico América Móvil, Telecom $91.5 Billion
    10 Sergey Brin USA Google, Alphabet Inc. $134.5 Billion
    11 Richard Branson UK Virgin Group $2.8 Billion
    12 Jack Ma Yun China Alibaba Group $26.3 Billion

    Elon Musk

    Name Elon Musk
    Date of Birth June 28, 1971
    Education University of Pennsylvania (BA, BS)
    Source of Wealth Tesla, SpaceX, Self Made
    Net Worth $420.6 billion (2025)
    Elon Musk - successful entrepreneurs in the world
    Popular Entrepreneurs in the World - Elon Musk

    Valued at $192 Billion, Elon Reeve Musk, is one of the most famous entrepreneurs and the richest person in the world. He is professionally known as Elon Musk.

    Elon Musk owns SpaceX the largest aerospace manufacturer, a clean energy and electric vehicle company, Tesla Inc., and The boring Company, a tunnel construction company. Elon Musk also co-founded Neuralink Corporation, a neurotechnology company, and owns an AI-based research laboratory, Open AI.

    Musk has a diversified interest in business fields. He has founded high-tech companies like The Boring Company, SpaceX, and Neuralink Corporation. He owns the largest aerospace manufacturing company and the world's biggest infrastructure company providing tunnel construction services making him the best in the list of top 10 international entrepreneurs.

    Elon Musk is a business tycoon, successful investor, industrial designer, and engineer. Musk also co-founded X.com which was merged with online bank Confinity.

    "Persistence is very important. You should not give up unless you are forced to give up." - Elon Musk

    Books recommended by Elon Musk -

    • Zero to One: Notes on Startups, or How to Build the Future by Peter Thiel
    • The Hitchhiker’s Guide to the Galaxy by Douglas Adams
    • Superintelligence: Paths, Dangers, Strategies by Nick Bostrom

    Jeff Bezos

    Name Jeff Bezos
    Date of Birth January 12, 1964
    Education Princeton University (BSE)
    Source of Wealth Amazon, Self Made
    Net Worth $221.8 billion (2025)
    Jeff Bezos - famous entrepreneurs in the world
    Best Entrepreneur in the World - Jeff Bezos

    Jeff Bezos, the ecommerce tycoon, was born on 12 January, 1964 in Mexico. This man is the founder and CEO of Amazon, the largest ecommerce company. His biological father is Ted Jorgensen but his mother, Jacklyn Gise divorced Ted and married another man, Mike Bezos.

    Jeff was graduated from Princeton University with degrees in Electrical engineering and Computer Science. He worked at Fintel to build their system for international trade.

    He later changed career to banking industry in 1988. But after 5 years, he decided to start his own company. In 1994, Jeff Bezos started Cadabra, an online bookstore. The name was later changed to Amazon as it starts with an "A", beginner of alphabet. Jeff got the initial capital of 300,000 from his parents to start the company.

    The company later transitioned into an ecommerce platform for all the product. Bezos has seen many ups and downs in his career. In fact, his company was almost bankrupted in 2002 due to over spending of funding. However, Jeff Bezos took Amazon out of that storm. As of 2023, Jeff Bezos is the third richest person in the world with a net worth of over $139 Billion.

    “A brand for a company is like a reputation for a person. You earn reputation by trying to do hard things well.” – Jeff Bezos

    Books recommended by Jeff Bezos -

    • Built to Last by Jim Collins
    • Creation by Steve Grand
    • Rework by Jason Fried and David Heinemeier Hansson

    Amazon’s Top Acquisitions That Made It Giant Conglomerate
    Amazon’s annual revenue for 2021 was $469 Bn, a 21.7% increase from 2020. Here are the top ten Amazon acquisitions that made it a global conglomerate.
    StartupTalkyKinnary Nensee

    Sanjiv Bajaj

    Name Sanjiv Bajaj
    Date of Birth 2 November 1969
    Education University of Pune, University of Warwick, Harvard University
    Source of Wealth Diversified
    Net Worth $6.4 billion (2025)
    Sanjiv Bajaj - most successful entrepreneur
    Best Entrepreneur in the World - Sanjiv Bajaj

    Born on November 2, 1969, Sanjiv Bajaj is among one of the most successful Indian businessmen, investors, and philanthropists. He is the Chairman of Bajaj Finance Limited and the Chairman and Managing Director of Bajaj Finserv Limited, the holding group company for all the financial services business of the Bajaj Group. The Bajaj Group is one of the oldest and largest conglomerates in India. Bajaj Finserv consisting of lending and insurance companies, has an annual revenue of over 410 crores USD for FY23.

    Under his leadership, Bajaj Finserv has emerged as one of India’s leading diversified financial services companies with solutions across lending, insurance, and wealth advisory category. With a consumer-first, digital approach and a culture focused on excellence through innovative disruption, Sanjiv is known for pioneering digital consumer financing in India, which helped transform the entire landscape of the financial services space.

    “We have always focussed on building long-term businesses built on excellence, sustainable profit.”

    List of all the Subsidiaries of Bajaj Group
    Bajaj group is one of the largest conglomerate with a market capitalization of Rs 3.9 trillion. Here is a list of All the Subsidiaries of Bajaj Group.
    StartupTalkyPV Vyshnavi

    William Henry “Bill” Gates III

    Name William Henry “Bill” Gates III
    Date of Birth October 28, 1955
    Education Harvard University (dropped out)
    Source of Wealth Microsoft, Self Made
    Net Worth $116.5 billion (2025)
    Bill Gates - top entrepreneur in world
    Popular Entrepreneurs in the World - Bill Gates 

    Born on October 28th, 1955, William Henry “Bill” Gates III is an American business magnate, investor, philanthropist, and author. In 1975, Gates with Paul Allen co-founded Microsoft with a vision to be a successful and famous Entrepreneur of all time. They never knew their fortune and their hard work would enlist them in the world’s largest Personal Computer software company. In recent years Bill Gates has devoted more time to philanthropic activities. Bill Gates is one of the top 10 entrepreneurs in the world.

    During his career journey at Microsoft, Bill Gates held the positions of chairman, Chief Executive Officer (CEO) and Chief Software Architect (CSA). Uptill May 2014 he had the highest individual shareholder. He has authored and co-authored several books. However, Bill Gates has been always ranked in the Forbes list of the world’s wealthiest people since 1987, and he was the wealthiest entrepreneur from 1995 to 2007, then again in 2009, and then from 2014 to 2017. Bill Gates is the most famous entrepreneur and holds the Guinness World record for inventing "World's First Microcomputer" in 1980.

    "We all need people who will give us feedback. That’s how we improve."- Bill Gates

    Books recommended by Bill Gates -

    • Business Adventures by John Brooks
    • Tap Dancing to Work by Carol Loomis
    • Life is What You Make It by Peter Buffett

    Microsoft’s Marketing Strategies: How They Conquered the Tech World
    This article covers major marketing strategies that helped Microsoft achieve its growth and success.
    StartupTalkyArchana Karthikeyan

    Mark Elliot Zuckerberg

    Name Mark Elliot Zuckerberg
    Date of Birth May 14, 1984
    Education Harvard University (dropped out)
    Source of Wealth Facebook, Self Made
    Net Worth $231.6 billion (2025)
    Mark Zuckerberg - most famous entrepreneur
    Popular Entrepreneurs in the World - Mark Zuckerberg

    Born on May 14th, 1984, Mark Elliot Zuckerberg is an American computer programmer and Internet entrepreneur. He is one of the famous businessman in the world. He is the chairman, chief executive officer (CEO), and co-founder of Facebook, now rebranded as Meta. Since his adulthood Mark was keen to take up his future as a smart, influential and famous entrepreneur. As of 2017, his net worth is estimated to be the US $128 billion, ranking him as the 5th richest person in the world.

    Facebook was launched by Zuckerberg from Harvard’s dormitory rooms on February 4, 2004. He was aided by his college roommates and fellow Harvard University students Eduardo Saverin, Dustin Moskovitz, Andrew McCollum, and Chris Hughes. The group then introduced Facebook to other college campuses. Mark is among the most famous entrepreneurs in the world. Time magazine has named Zuckerberg among the 100 wealthiest and most influential people in the world as a part of its Person of the Year distinction since 2010. As of 2023, his net worth is estimated to be the $87.3 billion.

    "Facebook was not originally created to be a company. It was built to accomplish a social mission - to make the world more open and connected." - Mark Zuckerberg

    Books recommended by Mark Zuckerberg -

    • Creativity, Inc. by Ed Catmull
    • Sapiens: A Brief History of Humankind By Yuval Noah Harari
    • The Rational Optimist: How Prosperity Evolves by Matt Ridley

    Best 15 Books Recommended by Mark Zuckerberg
    In 2015, Mark Zuckerberg created a book club where he recommended and discussed a few books with the club. Check out the best books recommended by Mark Zuckerberg here.
    StartupTalkySarika Anand

    Nagavara Ramarao Narayana Murthy

    Name Nagavara Ramarao Narayana Murthy
    Date of Birth 20 August 1946
    Education National institute of Engineering, Mysore (BE), IIT Kanpur (MTech)
    Source of Wealth Infosys, Self Made
    Net Worth $4.6 billion (2025)
    Narayana Murthy - successful entrepreneur
    Narayana Murthy

    Born on the 20th, August 1946, Nagavara Ramarao is commonly referred to as Narayana Murthy and is an Indian IT industrialist and the co-founder of Infosys, a multinational corporation providing business consulting, engineering, technology, and outsourcing services. His varied distinctive knowledge has led him to be a famous entrepreneur with showering success on his way. He is one of the famous Indian businessmen.

    He started Infosys in 1981 and served as its CEO from 1981 till 2002 and as its chairman from 2002 to 2011. Fortune magazine has listed Murthy as one of the greatest and top Indian entrepreneurs of all time. Time magazine has described him as the Father of the Indian IT sector due to his contribution to outsourcing in India.

    "It's very important to learn quick lessons from your failures, very important to recognize symptoms of failure pretty early, and it is very, very important to not to be attached too much to the idea - you have to know when to give up an idea." -Narayan Murthy

    Books recommended by Narayana Murthy -

    • Winners Never Cheat Even in Difficult Times by Jon M Huntsman
    • What Money Can’t Buy: The Moral Limits of Markets by Michael J. Sandel
    • The Republic by Plato

    12 Unknown and Interesting Facts about Infosys
    Infosys is a multinational information technology company founded by N.R. Narayana Murthy and 6 founders. Here are some of the interesting facts about Infosys.
    StartupTalkyArijit Karan

    Lawrence Joseph “Larry” Ellison

    Name Lawrence Joseph Ellison
    Date of Birth August 17, 1944
    Education University of Illinois, Urbana-Champaign (no degree), University of Chicago (no degree)
    Source of Wealth Oracle, Self Made
    Net Worth $206.2 billion (2025)
    Larry Ellison - successful entrepreneurs in the world
    Larry Ellison

    Born on August 17th, 1944, Lawrence Joseph Ellison, commonly known as Larry Ellison is an world famous and most successful American businessman, entrepreneur, and philanthropist who has co-founded Oracle Corporation and thrives to become a famous entrepreneur by creating the best possible value of his software services to the most valued customer. Larry Ellison was the CEO of Oracle from its foundation until September 2014. At present he is the executive chairman and chief technology officer. Forbes magazine listed him as the seventh-wealthiest in the world and as the fifth-wealthiest person in America, with a fortune of $51.9 billion as of February 2017.

    “When I do something, it is all about self-discovery. I want to learn and discover my own limits.” - Larry Ellison

    Books recommended by Larry Ellison -

    • The Robber Barons: The Great American Capitalists by Mathew Josephson
    • The Age of Napoleon by Susan Conner
    • The Fountainhead by Any Rand

    11 Unknown Facts About Oracle | 11 Oracle Interesting Facts
    Oracle comes as a powerful tech-based company. It holds a number of unique facts that only a few are aware of. Read here to learn more about it.
    StartupTalkySushree Sangeeta Behera

    Michael Saul Dell

    Name Michael Saul Dell
    Date of Birth February 23, 1965
    Education The University of Texas at Austin
    Source of Wealth Dell Technologies, Self Made
    Net Worth $113.6 billion (2025)
    Michael Saul Dell - famous entrepreneurs in the world
    Top Entrepreneurs in the World - Michael Saul Dell

    Born on February 23rd, 1965, Michael Saul Dell is an American business magnate, investor, author, and philanthropist. Michael Dell is the founder and CEO of Dell Technologies, one of the world’s leading providers of information technology and infrastructure solutions. Michael wasn’t the only famous entrepreneur to ride the computer boom of the late 1980s and early 1990s from rags to riches.

    Like Rod Canion of Compaq and Steve Jobs of Apple, Dell turned a fledgling start-up into a multibillion-dollar computer empire. But unlike the ill-fated Canion and Jobs, who lost control of their creations as they grew, Dell has managed to hold on to the reins of his maverick venture and achieve the unique distinction of being the computer industry’s longest-tenured CEO. As of February 2023, he is ranked the 24th richest person in the world by Wikipedia, with a net worth of $51.6 billion.

    "There are a lot of things that go into creating success. I don't like to do just the things I like to do. I like to do things that cause the company to succeed. I don't spend a lot of time doing my favorite activities." - Michael Dell

    Books recommended by Michael Dell -

    • The Second Machine Age by Erik Brynjolfsson
    • Zero Marginal Cost Society by Jeremy Rifkin
    • Abundance by Peter H. Diamandis & Steven Kotler

    List of Top 15 Tech Companies in the World
    The global tech industry was worth $5 Trillion in 2022. Here is a list of 15 companies leading the tech industry throughout the world.
    StartupTalkyBhoraniya Huda Hifzur Rehman

    Carlos Slim

    Name Carlos Slim
    Date of Birth 28 January 1940
    Education Civil engineering
    Source of Wealth Grupo Carso, Self Made
    Net Worth $91.5 billion (2025)
    Carlos Slim - most successful entrepreneurs
    Top Entrepreneurs in the World - Carlos Slim

    Born on January 28th, 1940, Slim was ranked as the richest person in the world from 2010 through 2013. Carlos Slim is a Mexican business magnate, investor, and philanthropist. He secured his fortune from his large holdings in a significant number of Mexican companies through his empire, Grupo Carso.

    He was ranked #7 on Forbes list of billionaires since 31 July 2016, with a net worth that is estimated at more than $50 billion. His empire includes education, entertainment, energy, healthcare, industrial manufacturing, transportation, retail, real estate, media, hospitality, high-technology, sports, and financial services. However, his great effort and a constant hunger to be a famous entrepreneur have bought him a great tenure of success. He is holding a net worth of $86 billion in 2023.

    “Technology is going to transform people’s lives and society everywhere in the world. I spend most of my time studying new technologies. My main task is to understand what’s going on and try to see where we can fit in.” – Carlos Slim

    Books recommended by Carlos Slim -

    • The Warren Buffett Way by Robert G Hagstorm
    • The Money Machine by Philip Coggan
    • Common Wealth: Economics for a Crowded Planet by Jeffrey Sachs

    Sergey Brin

    Name Sergey Brin
    Date of Birth August 21, 1973
    Education University of Maryland, College Park (BS), Stanford University (MS)
    Source of Wealth Google, Self Made
    Net Worth $134.5 billion (2025)
    Sergey Brin - famous entrepreneur today
    Top Entrepreneurs in World - Sergey Brin

    Sergey Brin is a computer scientist. Sergey Brin founded Google with Larry Page. The two became billionaires as Google developed into the world's most popular search engine and a media giant. In 2006, Google purchased the most popular website for user-submitted streaming videos, YouTube, for $1.65 billion in stock. In November 2016, Brin was ranked No. 13 on Forbes' "Billionaires" list, and No. 10 among U.S. billionaires who made the list. Sergey Brin stepped down as president of Alphabet, parent company of Google, in December 2019 but remains a controller shareholder and a board member. As of 2023, Sergey Brin has net worth of $102.1 billion.

    Books recommended by Sergey Brin -

    • "Surely You're Joking, Mr. Feynman!" by Edward Hutchings
    • Snow Crash by Neal Stephenson
    • How to Read a Book by Dr. Mortimer Adler

    List of All the Trillion-Dollar Companies in the World 2024
    Explore the list of all the trillion-dollar companies in the world that have achieved extraordinary market valuations and made their mark on the global economy.
    StartupTalkyMuskaan Kapoor

    Sir Richard Charles Nicholas Branson

    Name Richard Charles Nicholas Branson
    Date of Birth 18 July 1950
    Education Stowe School
    Source of Wealth Virgin, Self Made
    Net Worth $2.8 billion (2025)
    Richard Charles Nicholas Branson - top entrepreneurs in world
    Top Entrepreneurs in World - Richard Charles Nicholas Branson

    Born on 18th, July 1950, Sir Richard Charles Nicholas Branson is an English business magnate, investor, and philanthropist. He is the founder of the Virgin Group, which manages more than 400 companies. Richard Branson is very popular for his lifestyle and charity. His vision was well accomplished since he started his journey from an early age.

    Richard started with a magazine called Student at the age of sixteen. Although it was his first business venture which curated a wonderful entrepreneurship journey which made him a famous entrepreneur. In 1972, he set up a mail-order record business and he opened a chain of record stores, Virgin Records, later known as Virgin Megastores respectively. Branson’s Virgin brand grew rapidly during the 1980s, as he set up Virgin Atlantic airline and expanded the Virgin Records music label.

    Branson was knighted at Buckingham Palace for “services to entrepreneurship” in March 2000. He became one of the most prominent figures in British culture for his work in retail, music, transport, taste for adventure, and for vast humanitarian work. As of 2023, The Sunday Times estimates Richard Branson and his family's collective net worth to be an impressive £2.41 billion.

    "There is no greater thing you can do with your life and your work than follow your passions – in a way that serves the world and you." - Richard Branson

    Books recommended by Richard Branson -

    • Happiness: A Guide to Developing Life’s Most Important Skill by Matthieu Ricard
    • Big World, Small Planet: Abundance within Planetary Boundaries by Johan Rockstrom, Mattias Klum
    • One Hundred & One Reasons To Get Out of Bed by Natasha Milne

    Jack Ma Yun

    Name Jack Ma Yun
    Date of Birth 10 September 1964
    Education Cheung Kong Graduate School of Business (2006), Hangzhou Normal University
    Source of Wealth Alibaba Group and Ant Group, Self Made
    Net Worth $26.3 billion (2025)
    Top Entrepreneurs in the World - Jack Ma Yun
    Top Entrepreneurs in the World - Jack Ma Yun

    Jack Ma, once an English teacher, became one of the most successful entrepreneurs in the world. He started Alibaba, a huge online shopping company in China that changed the way people buy and sell things.

    In 1999, Jack Ma began Alibaba from his small apartment in Hangzhou with 18 friends. At that time, online shopping in China was almost unheard of. Alibaba first helped Chinese factories connect with buyers from other countries.

    But Jack Ma dreamed bigger.

    He later created Taobao, an online marketplace for everyday people in China. Today, both Alibaba and Taobao are leaders in China’s e-commerce world, helping millions of people run their businesses online.

    Jack Ma’s journey shows that even big dreams can come true—with hard work, strong belief, and never giving up.

    Books recommended by Jack Ma -

    • Tao Te Ching: by Stephen Mitchell, Lao Tzu 
    • Built to Last: Successful Habits of Visionary Companies by Jim Collins, Jerry I Porras 
    • Here Comes Everybody: The Power of Organizing Without Organizations Paperback by Clay Shirky 
    • The Long Tail: Why the Future of Business Is Selling Less of More by Chris Anderson 
    • Makers: The New Industrial Revolution by Chris Anderson 
    • Business Cycles: by Joseph A. Schumpeter

    Conclusion

    The list above includes notable foreign entrepreneurs as well as successful entrepreneurs from India. These well-known individuals serve as a great source of inspiration, offering valuable insights into the path to success. Global entrepreneurs are driving innovation and creating impact across industries, inspiring a new generation of global entrepreneurs to think big and act boldly. Each of these popular and well known entrepreneurs has experienced both triumphs and challenges throughout their journey. As of 2025, these international entrepreneurs continue to work tirelessly for their companies, serving as a source of inspiration for aspiring entrepreneurs through their business ideas and stories. We hope that this compilation of renowned entrepreneurs and their stories has provided you with valuable lessons on navigating the entrepreneurial journey.

    FAQs

    Who are the most successful entrepreneurs in the world?

    The list of entrepreneurs who are most successful and famous in the world are:

    • Jeff Bezos
    • Elon Musk
    • Sanjiv Bajaj
    • Bill Gates
    • Mark Zuckerberg
    • Sir Richard Charles Nicholas Branson
    • Sergey Brin
    • Carlos Slim
    • Michael Saul Dell
    • Larry Ellison
    • Nagavara Ramarao Narayana Murthy
    • Jack Ma

    What industries have these famous entrepreneurs made an impact on?

    These entrepreneurs have made a significant impact across various industries, including technology, e-commerce, space exploration, social media, and telecommunications.

    Which entrepreneurs are on the list of the rags to riches stories of Indian entrepreneurs?

    Dhirubhai Ambani, Karsanbhai Patel, Kalpana Saroj, Patricia Narayan, Sunil Bharti Mittal, and Narayan Murthy are some of the entrepreneurs who can easily be included on the list of the rags to riches stories of Indian entrepreneurs.

    What are the characteristics of entrepreneurs?

    Entrepreneurs are risk-takers, innovative thinkers, and self-motivated individuals. They possess resilience, adaptability, and persistence to overcome challenges, while being goal-oriented and passionate about their ventures.

    What makes famous entrepreneurs stand out from others?

    These entrepreneurs stand out for their exceptional vision, innovative ideas, ability to disrupt industries, and remarkable business achievements. They have built global empires and transformed the way we live and do business.

    Can I learn from the experiences of these greatest entrepreneurs?

    Absolutely! By studying the lives and journeys of these greatest entrepreneurs, you can gain valuable insights, learn from their successes and failures, and apply their strategies and principles to your own entrepreneurial endeavors.

    Who is the most famous businessman?

    The most famous businessman today is Elon Musk, known for Tesla, SpaceX, and X (formerly Twitter).

  • Mukesh Ambani: The Visionary Business Mogul Redefining Asia’s Business World With Innovation, Influence, and Impact

    MD and Chairman of Reliance Industries, Mukesh Dhirubhai Ambani is India’s very own desi Richie Rich. With a staggering net worth of $119.5 billion, the Indian billionaire is not only the richest man in Asia and 9th richest in the world but is also 1st on the Forbes List of India’s 100 Richest Men.

    In this StartupTalky story, we’ll dive into the success story of Mukesh Ambani, his early life, childhood, personal life, education, philanthropy, Reliance Industries, achievements, and more.

    Mukesh Ambani: Biography

    Name Mukesh Dhirubhai Ambani
    Born 19th April, 1957
    Nationality Indian
    Profession Chairman & Managing Director, Reliance Industries
    Education St. Xavier’s College, Mumbai
    Institute of Chemical Technology (B.E.)
    Spouse Nita Ambani
    Children Akash Ambani, Anant Ambani, Isha Ambani
    Siblings Anil Ambani (brother)
    Nina Bhadrashyam Kothari (sister)
    Dipti Dattaraj Salgaonkar (sister)
    Parents Dhirubhai Ambani (father)
    Kokilaben Ambani (mother)
    Net Worth $119.5 billion

    Mukesh Ambani: Raised From Humble Beginnings
    Mukesh Ambani: Bright From The Start
    Mukesh Ambani: Home & Family
    Mukesh Ambani: Family Feuds
    Mukesh Ambani: Expanding of RIL
    Mukesh Ambani: A Doyen of Business
    Mukesh Ambani: Building A Nation
    Mukesh Ambani: Achievements and Recognition
    Mukesh Ambani: Trouble in Paradise
    Mukesh Ambani: Philanthropy
    Mukesh Ambani: Memberships of Boards
    Mukesh Ambani: Famous Quotes!

    Mukesh Ambani: Raised From Humble Beginnings

    Born to Dhirubhai and Kokilaben Ambani on the 19th of April, 1957 in the British Crown colony of Aden, Mukesh Dhuribhai Ambani has three siblings- Anil Ambani, Nina Bhadrashyam Kothari, and Dipti Dattaraj Salgaonkar.

    Dhirubhai Ambani owned a spices and textiles business called “Vimal” which was rebranded as “Only Vimal” later and soon moved to India to begin trading while the Ambani family stayed in Yemen.

    Born from simple beginnings, the Ambani family resided in a simple two-bedroom flat in Mumbai until the 1970s and continued to live in a Chawl communal society and use public transport even after their economic condition improved with time. It was much later that Dhirubhai Ambani bought the 14-storey apartment complex “Sea Wind” in Colaba where the families started living on independent floors.

    Akash Ambani: From Legacy To Leadership, A Visionary Architect Beyond Billions | Education | Personal Life
    Explore the biography of Akash Ambani, Chairman of Reliance Jio and son of Mukesh Ambani. Discover his educational background, career journey, and role in shaping India’s digital landscape.
    StartupTalkySakshi Jadhav

    Mukesh Ambani: Bright From The Start

    Mukesh Ambani completed his schooling at Hill Grange High School along with his brother and friend Anand Jain. He completed his graduation from St. Xavier’s College and went ahead to pursue his B.E. in Chemical Engineering from the Institute of Chemical Technology. 

    The gifted student had also enrolled for his MBA from Stanford University but dropped out in 1980 to aid his father in setting up their fast-growing enterprise- the iconic Reliance. His belief in learning from real-life situations and not in classrooms- a proven ideology has made Mukeshbhai Ambani the business tycoon he is today. 

    As a man of the soil, he also invited his son to take over the yarn manufacturing plant and learn from life experiences rather than pursue theoretical degrees.

    Mukesh Ambani: Home & Family

    Mukesh Ambani Family
    Mukesh Ambani Family

    Married in 1985 to Nita Ambani, Mukesh is a father to three children; the twins Akash and Isha and son Anant Ambani, Mukesh Ambani fulfilled the role of being a devoted son by agreeing to an arranged match that was arranged by his father who had spotted Nita at a dance performance.

    Despite living in the 27-storeyed prestigious Antilia and being surrounded by 600 staff members, 3 helipads, a fitness center, a private movie theatre, and a 160-car garage, and becoming India’s first private aircraft owner with his Boeing 575 Max 9 for INR 1000 crore, Mukesh Ambani remains a simple down-to-earth tea-totaller and strict vegetarian.

    Mukesh Ambani: Family Feuds

    Mukesh Ambani gained joint leadership of Reliance Industries in 2002 with his brother, Anil Ambani after Dhirubhai Ambani passed. Unfortunately, the brothers were unable to see eye to eye and soon Kokilaben Ambani was prompted to split the assets between the brothers. Mukesh Ambani got control of the oil, gas, and petrochemicals sectors while Anil Ambani was given power generation, telecommunications, and financial services.  

    Isha Ambani: Business, Legacy, and Leadership | Personal Life | Education | Reliance
    Isha Ambani is a business leader and the daughter of Mukesh Ambani, playing a key role in Reliance Industries. Learn about her education, achievements, and contributions to India’s corporate landscape.
    StartupTalkySakshi Jadhav

    Mukesh Ambani: Expanding of RIL

    Mukesh Ambani is credited for setting up one of the biggest petroleum refineries at Jamnagar, Gujarat in 1999. He also spearheaded the setting up of multiple state-of-the-art manufacturing plants to increase RIL’s capacity. 

    Once again in 2008, he established another refinery near the first one. In 2006, he led the establishment of Reliance Retail – the largest chain of physical and online stores. As of 2023, Reliance Retail had a customer base of 249 million in India. 

    Mukesh Ambani: A Doyen of Business

    Taking RIL to a New Height

    Credited with setting up one of the biggest petroleum refineries at Jamnagar, Gujarat in 1999, Mukesh Ambani also led the charge to set up multiple innovative manufacturing plants across the country to drive RIL’s growth and established a second refinery near the first one in 2008. The feather in his cap was instituting the largest chain of online and physical stores leading to a customer base of 249 million clients in India by 2023.

    The Man With The Golden Touch

    The acquisition of the Mumbai Indians in 2008 brought the Ambani family into the limelight as it was the only IPL team to gain brand value during the pandemic.

    Mukesh Ambani also founded Jio Platforms in 2010 as a wholly-owned subsidiary of RIL in the fields of telecommunications and eCommerce after signing the non-competition agreement signed in 2006.

    February 2024 led to India’s largest media joint venture when Mukesh Ambani’s RIL came together with Viacom18 and Disney to be valued at $8.5 million and reached more than 750 million viewers with exclusive rights to distribute Disney in India.

    Mukesh Ambani: Building A Nation

    As a believer that the country’s national policies drive economic growth and development, Mukesh Ambani supports the government’s programs that boost digital infrastructure and renewable energy- tenets that have a strong base in Reliance Industries’ strategic investments in Jio and even commended Prime Minister Modi’s initiatives to make India the third largest global economy at the Reliance Group AGM in 2024.

    As an innovative businessman, Mukesh Ambani has always backed India in areas like artificial intelligence, robotics, and life sciences that further the nation’s opportunities in the Global South while striving to eliminate developmental disparity. 

    RIL’s business strategies and company policies aim to increase India’s energy security, environmentally friendly projects, and economic power through positive reinforcement and impactful changes. Despite avoiding political ties, Mukesh Ambani has constantly enabled development in India’s industrial and infrastructural sectors which support the long-term vision and goals of the current government.

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    Mukesh Ambani: Achievements and Recognition

    Some of the best achievements and recognitions of Mukesh Ambani are: 

    Year Award Name Organization
    2000 Ernst & Young Entrepreneur of the Year Ernst & Young India
    2010 Global Vision Award Asia Society
    2010 School of Engineering and Applied Science Dean’s Medal University of Pennsylvania
    2010 5th best performing global CEO Harvard Business Review
    2010 Global Leadership Award Business Council for International Understanding
    2016 Foreign associate, US national academy of Engineering National Academy of Engineering
    2016 Othmer Gold Medal Chemical Heritage Foundation
    2019 Padma Vibhushan Indian Government
    2024 Lifetime Achievement Award Voice & Data
    2024 Brand Guardianship Index Brand Finance

    Mukesh Ambani: Trouble in Paradise

    When RIL went public in 2006 as a subsidiary of Reliance at Rs. 60 per share, the stock market crash of 2007 saw their share prices float to Rs. 100 per share and then come back to Rs. 60. A fine that cost RIL Rs. 950 crores for manipulation of shares of RPL as SEBI believed that RIL carried out organized operations with their agents to help gain unauthorized profits from trading its listed unit, RPL, that was combined with the former. 

    Mukesh Ambani: Philanthropy

    • Reliance Foundation Initiatives: The Reliance Foundation was set up in 2010. This foundation is predominantly working in the areas of health, education, rural development, and sports. It has benefited millions of Indians through these programs​.
    • Healthcare: Providing free health services and specialized medical care through hospitals and mobile clinics. Reliance Foundation Hospital in Mumbai is a good example​. 
    • Education: Scholarships to postgraduate and undergraduate students and initiatives that promote youth in digital and green innovation​.
    • Rural Development: Projects include water conservation, agricultural support, and livelihood improvements in rural villages​.
    • Sports Development: Sponsorship and coaching of Indian sportspersons, involving support for participants in Asian Games and making an effort to get the game of cricket featured at international events​.
    • Disaster Relief: Donations to disaster-stricken regions, including aid to the families of those who were martyred and relief efforts during the COVID-19 pandemic​.
    • Sustainability and SDGs: Partnership with the United Nations toward addressing Sustainable Development Goals, focusing on leadership for the country, especially concerning India’s influence toward betterment worldwide.
    • Cultural Conservation: Grants to the domain of art, culture, and education, promoting Pichavai art and Olympic values in India.

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    Mukesh Ambani: Memberships of Boards

    • Former Vice-Chairman, Reliance Petroleum 
    • Chairman of Board, Reliance Petroleum 
    • Member of the Board of Governors, Institute of Chemical Technology
    • Former Chairman, Indian Petrochemicals Corporation Limited 
    • Chairman, MD, of the Finance Committee
    • Former director, Member of Credit Committee, and Member of Compensation & Benefits Committee, Bank of America Corporation 
    • Chairman and Chairman of Audit Committee, Reliance Retail Limited 
    • Member of the Board of Trustees of the World Economic Forum

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    Mukesh Ambani: Famous Quotes!

    💡
    I am a big believer that whatever has gone lies in the past. You should only learn from it, and you should only look at the present and the future. That’s been my father’s philosophy and mine as well.
    💡
    At Reliance, we have always believed in investing in the businesses of the future and in investing in talent.
    💡
    I have always believed that technology drives human civilization’s endeavour and progress.
    💡
    My obsession is with technology and how it can improve human life. In my view, what we have seen in the last 300 years is only a trailer.
    💡
    I am personally a big believer that technology is the biggest driver of human development, and if you can use technology to benefit people, then that’s the best business you can have.

    FAQs

    Who is Mukesh Ambani?

    Mukesh Ambani is an Indian billionaire and the chairman of Reliance Industries, one of the largest conglomerates in India. He is involved in various industries, including petrochemicals, refining, oil, telecommunications, and retail. Mukesh Ambani is one of the richest people in the world.

    Who is Mukesh Ambani wife?

    Mukesh Ambani is married to Nita Ambani.

    What is the net worth of Mukesh Ambani?

    The net worth of Mukesh Ambani as of November 2024 is $119.5 billion.

    How Dhirubhai Ambani became rich?

    Dhirubhai Ambani became rich by starting Reliance Industries in 1966, focusing on textiles, and later expanding into petrochemicals, oil, and telecom. He used innovative strategies like raising capital through public offerings and vertical integration to grow his business rapidly, making him one of India’s wealthiest entrepreneurs.

    Who is Mukesh Ambani right hand man?

    Manoj Modi, often called Mukesh Ambani’s “right hand,” plays a key role in making important decisions for Reliance Industries and its subsidiaries. His daughter is also actively involved in the company and works closely with Isha Ambani.

  • Why Do Rich People Buy Expensive Art?

    In 2021, the global art market value was $65.1 billion. Art possesses the ability to motivate us, enhance our environment and life, and enable us to perceive things from other’s perspectives. It’s been typical for those with money and prestige to spend millions on it since the Revolution and even before that.

    Often we hear paintings getting sold for thousands of dollars or so at the auction these days, it makes you wonder what inspires someone to pay a fortune for artwork.

    Important Motivations Among Art Buyers Worldwide as of January 2022
    Important Motivations Among Art Buyers Worldwide as of January 2022

    Let’s look at these 14 reasons why wealthy individuals prefer expensive paintings.

    Tax Avoidance
    Prestige
    Investment
    Diversifying your portfolio
    An aspect of your lifestyle
    A secure place for funds
    To enrich their environment
    To boost imagination
    To brag about it
    Quality
    To boost the rent
    To set up Art Galleries
    Cultural pride
    Money laundering

    Tax Avoidance

    In several countries, including the United States, tax regulations favor you if you purchase expensive art frequently. For example, if you sell an artwork and deposit funds in a bank, you are ought to incur capital gains tax on it, however, if you invest in another artwork with the same funds, you’ll escape paying taxes.

    Prestige

    An artefact that looks perfect, and which was also made by a world-famous artist, is unique, and in certain scenarios is a well-known creation, will offer the bidder quite the thrill once the hammer drops at auction. A strong feeling when we see something we’ve wanted for years, the same feeling will indeed be amplified if it’s a Monet, Van Gogh, or Hearst.

    Investment

    Most individuals buy stuff as they intend to invest in it. Some people buy houses to reside there. Some of them think of it as a long-term investment, an asset providing them with monthly earnings while also increasing in value over time. Art, too, is a strategic idea to invest in.

    Owning modern art for €400 today might be worth €600,000 in 10 years. In about 10% of situations, indeed, fine art has consistently fetched increasingly better returns over the last 50 years.

    One can be sure that when they get their hands on a Leonardo da Vinci, it will smash records. In 2017, his painting Salvador Mundi sold for a record-breaking $450 million. This is why it’s an insanely important aspect of why the rich buy art.

    Leonardo Vinci's Salvator Mundi
    Leonardo Vinci’s Salvator Mundi

    Diversifying your portfolio

    Because art is indeed going to increase in value if it already has a significant value and is somewhat risky, you may consider investing in some art to diversify your holdings, particularly if you’ve got a large, highly high-value portfolio or want to make art a small component of it.

    The main principle, regardless of the worth of your investments, is to have variety. If you have a few high-risk stocks and a large number of safe stocks or you’re extremely wealthy, have billions in shares, bonds, and real estate, and would like to invest more in something risky but thrilling? Investing in artwork seems logical at this point.

    An aspect of your lifestyle

    Previously, the wealthy went shopping for fashion, fancy cars, or yachts; but, times have changed. Art has become a must-have thing for the rich.  Nothing beats being an art lover if you’re glamorous and want people to appreciate it. It’s not only about possessing it; it’s more about being seen at auctions and exhibitions.

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    A secure place for funds

    While art is typically a high-risk asset, it has several unique advantages.

    • Art market rate fluctuations are different from share market price swings, implying that they could be used to hedge against a recession or crisis.
    • People purchase art during times of risks and uncertainties and profiting, such as during WWII. Today in nations with unstable economies and currencies that are subject to depreciation, the wealthy frequently invest in art as a means of diversifying their risks.

    To enrich their environment

    Almost everyone wants their homes and offices to appear attractive and feel better in them, and regardless of whether us being wealthy or not, we design them to make the time we spend there more enjoyable. Rich people whether it’s their multimillion-dollar homes or the workplaces of the businesses they manage, they’ll do the same for it.

    To boost imagination

    It’s no surprise some of the world’s top talented artists invest in art, and owning beautiful art on your walls will surely spark your imagination. Some celebs who possess art are incredibly innovative, and this isn’t limited to those who work in that industry. Startups and corporate leaders can be inspired by art as well. Perhaps it’s because artists are creative and bold, traits that entrepreneurs like and appreciate when they see a wonderful piece of artwork.

    To brag about it

    Investing intelligently in the equity market or in a prosperous firm you manage, demonstrates your financial acumen. You may be flaunting by purchasing a fancy home, a yacht, or a Ferrari, but it is also something essential that you will utilize.

    Even if it’s a solid investment, purchasing a work of art worth $1 million demonstrates exceptional choice, however, there’s something indulgent about it since it’s something you wouldn’t need but desire. When you’re wealthy, you’re more inclined to want to flaunt it, and art is a perfect way to do so.

    Quality

    Usually, the rich purchase fancy clothing because they value quality over cost. You can own a masterpiece lasting hundreds of years and even be bequeathed to your children. The caliber of art gives you the feeling that you’re purchasing something valuable that will outlast your legacy.

    Although kids who inherit valuable artwork seem to be keener on selling them than preserving them. This isn’t surprising, since parents and children often have different preferences, and the urge to sell the art mom and dad used to adore for a six-figure price might be impossible to deny for certain individuals.

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    To boost the rent

    If you possess a luxury condo that you rent to super-rich with taste, hanging some pricey artwork is one approach to boost the rent prices. Not only that, but it also raises the property’s worth. In some ultra-exclusive groups, art is anticipated to cost the same as a typical home, and a modest picture of Van Gogh’s starry night is believed to not cost about the same as a conventional house.

    To set up Art Galleries

    The wealthy all across the world enjoy buying art and displaying it in exhibits where they discovered it, often with their signatures on it. In some circumstances, where self-interest is a prominent factor, there are very specific advantages to establishing art galleries. When the hella rich in China open an art gallery, it’s usually because it’s a tried-and-true method of obtaining approval for real estate deals.

    Cultural pride

    Over the last 20 years, the quantity of pricey masterpieces from China and Africa specifically has increased dramatically, notably among purchasers from such countries, implying that when you are wealthy, it is natural to want to acquire fine art that makes you proud of where you came from and demonstrates your love of your culture.

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    Money laundering

    We’ve now arrived at the truly evil aspect of the art business, namely, money laundering for organized crime. The wealthy people who earned a fortune through illegitimate ways would suppress their sources of wealth from the regulators, and expensive art deals are the optimal method to do so.  

    Now we know why pricing is very subjective, and even specialists have difficulty in determining value. Inflating the worth of a piece is simply based on what you want it to be.

    Deals are frequently made behind closed doors and discreetly. Although current laws on how art sales are done have indeed been strengthened, it’s logical to conclude that money laundering remains a major factor in global art purchases.

    Conclusion

    Even if they don’t know much about art, most people choose to have it because of their love or have some sentiment attached to it. They consider it as an investment as it helps them to diversify their portfolio. And lastly, they do want others to appreciate it if they have paid a high price for that artwork.

    FAQs

    Why do rich people buy paintings?

    Rich people buy paintings to diversify their portfolios, design their homes or avoid tax.

    What is the most expensive painting ever sold?

    Salvator Mundi by Leonardo Da Vinci is the most expensive painting priced at $450 million.

    Is art used for money laundering?

    Yes, many wealthy people who earned a fortune through illegitimate ways often launder money through art.

  • Reliance Jio – The Success Story of the 1st Network to Provide 4G VoLTE Services in India!

    Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by Jio.

    When do you think a revolution came in the telecommunication industry? Well, the most common answer is after the launch of Mukesh Ambani’s Jio. This company made an incredible entry into the Indian mobile telecom sector with the most exclusive cost leadership strategy that revolutionized the whole market of telecommunication. But how do you think did that happen?

    Was it the investments in the company or the business model or Mukesh Ambani’s strategic plans?

    To know more about How Jio Started, information about Jio company, the Success Story of Reliance Jio, and how Jio changed India, you go through this StartupTalky article.

    Reliance Jio – Company Highlights

    Company Name Jio (Joint Implementation Opportunities)
    Headquarter Mumbai, India
    Sector Telecommunications
    Founder Mukesh Ambani
    Founded 15th February 2007
    Revenue Rs 18,952 crore (FY21,Q1)
    Profit Rs 3,651 crore (FY21, Q1)
    Average Revenue per user (ARPU) INR 138.4 (FY21, Q1)
    Reliance Jio Slogan ‘Digital Life’
    Reliance Jio Tagline ‘Jio jee bharke’ (Live life to the fullest)
    Parent Organization Reliance Industries
    Website jio.com

    About Jio
    Founders of Jio and team
    Jio – Startup Story | How was Jio Started?
    Jio – Name, Tagline, and Logo
    Jio – Business Model and How it Works?
    Jio – Growth
    Jio – Competitors
    Jio – Future Plans

    Reliance Jio
    Who Dominates Mobile Subscriptions?

    About Jio

    When Anil Ambani and Mukesh Ambani had a split in the year 2005, it was one of the biggest de-merger in the industry. The dream project of Mukesh Ambani that was Reliance Infocom, became a part of the Anil Ambani Group. Furthermore, Mukesh Ambani went on to acquire the company Infotel Broadband Services Limited, which was the only successful bidder across India for the 4G network.

    This is when Mukesh Ambani’s Reliance Limited started working on establishing a base for a high-speed optical fiber 4G network which is much more capable than 4G. The company was named Reliance Jio Infocom Ltd popularly known as Jio today. Jio was the first network to provide 4G LTE services and VoLTE services.

    Jio launched these services on 5th September 2016 for all the users and also launched its smartphone series with the name LYF. Reliance Jio Infocom Ltd (RJIL) focused on high-speed data instead of voice and SMS. On its launch, the company announced data plans with 1GB 4G data per day in the market where mostly all popular telecom providers offered 1GB data per month.

    This was a game-changer by RJIL in the price-sensitive market of India as the prices before that revolved around Rs 250-300 for 1 GB 4G data, which went down to Rs 5 per GB during the initial days. Along with these amazing plans, Jio also started offering free voice calling and free 100 SMS per day for all its Prime members.

    JioPhone Next

    The all-new ‘JioPhone Next’, is being jointly developed by Mukesh Ambani-led Reliance and tech giant, Google was scheduled for a Ganesh Chaturthi release, on September 10, 2021. However, Reliance Telecommunication’s revolutionary product hit a roadblock due to an acute global shortage of semiconductors and had been postponed till Diwali at least, as per the reports dated September 10, 2021. The company then remarked that it had already started testing the device among a limited set of users to identify further scopes of refinement and make them easily available foolproof in November, during the festive season of Diwali. With this, Reliance Jio had also bought some more time to figure out efficient ways to mitigate the global shortage of semiconductors. This Reliance JioPhone Next was finally launched on November 4, 2021. These phones now comes at Rs 6,499, and is powered with the Android-powered Pragati OS, and a Qualcomm Snapdragon QM215 processor. The JioPhone Next can also be bought by paying Rs 1,999 only by the users who lack the options of paying for the phone upfront. However, they also need to pay the company for the full price of the phone later on by monthly installments.

    The JioPhone Next can be summed up as a good option if you are looking for an entry-level budget phone, and if you don’t have Rs 6000-7000 or more to buy new phones. However, these phones also have numerous drawbacks like:

    • JioPhone Next is sluggish being deficient of adequate RAM
    • You need to only use a Jio sim as the primary SIM to use it
    • The phone can also be turned of by the financer if it is not properly paid for
    • It comes in with an Android OS, but has its own JIO customisations

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    Founders of Jio and team

    Mukesh Dhirubhai Ambani is one of the richest men in the world. He is the Founder of Jio.

    Mukesh Ambani - Founder of Jio
    Mukesh Ambani – Founder of Jio

    Mukesh is reportedly the richest man in India and his family is popularly known as the richest family in Asia, according to Forbes. Mukesh Dhirubhai Ambani was the Chief Managing Director (CMD) of Reliance Industries Ltd, which is one of the biggest conglomerates in India.

    Mukesh was born in Aden but he grew up in Mumbai. Being one of the most influential and powerful personalities of the country he has provided his business acumens to the whole world. Mukesh Ambani is the owner of the world’s largest refinery. He has achieved tons of notable accomplishments and is a part of many renowned institutes as well. Ambani was the Director and Chairman of Reliance JIO Infocomm Ltd. too before he stepped down with effect from June 27, 2022, and his son, Akash Ambani, who was a Non-Executive Director, has been appointed as the Chairman of the company, as per reports dated June 29, 2022. The Jio board has also revealed the appointments of Raminder Singh Gujral and K.V. Chowdary as additional directors of the company, who will serve as independent directors for the next 5 years, commencing from June 27, 2022. Furthermore, Pankaj Mohan Pawar has been appointed as the Managing Director of the Jio business also for 5 years.

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    –

    Jio – Startup Story | How was Jio Started?

    Some time back, Mukesh Ambani the founder of Jio was asked about how he thought of coming up with such an amazing idea to which he said that this idea was seeded by his daughter Isha Ambani. In 2011, Isha Ambani was a student at Yale in the US and was home for the holidays.

    She told her dad how bad the internet connectivity was at their house because she couldn’t submit her coursework. At that time, Mukesh Ambani realized that how India is suffering from bad and poor connectivity of the internet.

    The data was severely scarce and overpriced, which was unaffordable to a majority of Indians. Since then, Mukesh Ambani started working on Jio to make the data services abundant and affordable in every part of the country, which gave birth to Reliance Telecommunication’s Jio business line.

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    JIO stands for Joint Implementation Opportunities and the full name of the company is Reliance Jio Infocom Ltd.

    Reliance Jio Logo

    The logo of Reliance Jio has a hidden meaning. When we flip the logo and look at its mirror image it is read as ‘oil’ which represents the past and future of Reliance. The company Reliance appeared as a business giant in the 20th century because of its Oil business and in the 21st century probably the flipped version, Jio has successfully ushered in another revolution.

    The slogan of Reliance Jio is ‘Digital Life’ while a popular tagline of Jio has been ‘Jio jee bharke’ which means live life to the fullest.

    Jio – Business Model and How it Works?

    Reliance Jio had really smart strategies and most of them belonged to the founder Mukesh Ambani. For its initial year, Jio gave unlimited data services and high-quality Volte calling services at surprisingly low charges. The complete change in the market made other telecom operators change their business models.

    These offers created a lot of radical and unexpected changes in the consumer’s behavior as well. Also, it led to many mergers and acquisitions in Indian mobile network providers. Jio, in turn, made people use more and more services so that they spend more.

    Jio eventually started charging 6 paise per minute on its calling services. The company has now launched numerous value packs consisting of both internet and calling benefits along with other on-demand subscriptions at competitive rates, which are even lower for Jio phone users.

    Well, in the initial phase Reliance took a big risk to enter into the telecom industry but it has proved to be one of the best companies in the current market.

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    Jio – Growth

    Jio has already proven to be a rising force being a revolutionary company and the torchbearer of the Indian 4G VoLTE services. The Mukesh Ambani-led company is currently the leading telecommunication service provider in India. The Jio company is now working to empower the Indian users with the 5G and 6G services as well. Jio is the 3rd largest mobile network operator in the world with over 179.93 million users.

    Jio has added 1.6 mn+ wireless subscribers to its network in April 2022. In the broadband segment, Jio leads the path, which currently boasts of 52.15% of the total Indian userbase, followed by Bharti Airtel, which now enjoys 31.61% of the market share. Reliance Industries’ shares reportedly closed 1.5% higher at Rs 2,529 on the BSE on June 28, 2022.  

    Jio launched the fiber to the home service in 2019, which now offers home broadband, telephone, and television services. When the coronavirus made things scary for businesses and professionals, Mukesh Ambani made his company Reliance Jio net debt-free 9 months before the deadline. The conglomerate has raised Rs 53,124.0 crore by offering shares to its existing shareholders and another Rs 118,318.45 crore by selling stakes in the Jio platform through 12 deals.

    Reliance Jio has become the country’s largest-ever right issue and series of stake sales deals in its arm Jio Platforms, delivering on a promise given to its shareholders in last year’s August.

    “I have fulfilled my promise to the shareholders by making Reliance net debt-free much before our original schedule of 31st March 2021,” Mukesh Ambani said in a statement released early on Friday.

    Reliance Industries is in its ‘Golden Decade’ and Mr. Mukesh Ambani has assured his shareholders that in this decade RIL will set even more ambitious growth goals and achieve them. Back in 2017, Mr. Ambani said that the energy-to-telecom conglomerate was on the verge of a golden decade where it would yield the returns of its largest-ever capacity expansion in its petrochemical business and its investment in Jio. With these investments, the company’s net debt was Rs 161,035 crore, as of March 31, 2020, and the funds raised in the last 8 weeks exceeded it. Along with the stake sale to BP in the petro-retail joint venture, the total fundraising is in excess of Rs 1.75 lakh crore.

    In twelve weeks thirteen different companies have invested in Jio platform, from leading Global investors which included Facebook, Silver Lake(Twice), Vista Equity Partner, General Atlantic, KKR. & Co.Inc.,  Mubadala Investment Company, Abu Dhabi Investment Authority, TPG Capital, L Catterton, Saudi Arabia PIF, and Qualcomm.

    Companies Investing In Jio In A Nutshell

    Name of the Company Stakes Total Investments
    Facebook 9.99% INR 43,574 cr
    Vista Equity Partner 2.32% INR 11, 367 cr
    Silver Lake Partner 1.15% INR 5,655.75 cr
    General Atlantic 1.34% INR 6,598.38 cr
    KKR & Co. Inc. 2.32% INR 11,367 cr
    Mubadala Investment Company 1.85% INR 9,093.60 cr
    Silver Lake Partner 0.93% INR 4,546.80 cr
    Abu Dhabi Investment Authority 1.16% INR 5,683.5 cr
    TPG Capital 0.93% INR 4.546.80 cr
    L Catterton 0.39% INR 1,894.50 cr
    Saudi Arabia’s Wealth Fund PIF 2.32% INR 11,367 cr
    Qualcomm 0.15% INR 730 cr

    Jio Platforms has diluted 25.24% of its equity. That’s the maximum they have in view to dilute to financial investors, which includes Mark Zukerberg’s Facebook. Any new investors coming on board in the future will have to be “strategic investors, a tech giant, for instance,” said a source who was part of the deal-making process. The RIL-FB partnership could emerge as the core platform for India’s digital economy and as more consumers and small businesses shift online, it could unlock a digital market worth $2 trillion.

    The secret behind Jio’s success is that it is customer-centric and has a webscale mentality. Reliance Jio made it look easy when it successfully swooped into the jam-packed and super competitive mobile market with free 4G voice and data service. So, in a nutshell, Reliance Jio, aims at harnessing the full potential of the internet to create a digital revolution through their technologies. Innovative services and long-term planning will radically bring the world at one’s fingertips much faster and also transform the way Indians think, work, live, and are entertained.

    Reliance Jio announced plans for integrated fibre connectivity and digital solutions to transform over 50 Million small and medium businesses in India on March 9, 2021. A statement released by Reliance Jio said – “Under this plan, Indian MSMEs will get Jio connectivity at one-tenth (1/10th) of the existing price in the market. They will also be able to collaborate with Jio partners to get easy-to-use solutions”  

    Reliance Jio also announced to launch of its new product JioBook, as per the reports dated March 8, 2021. After years of speculation, it is believed that the product is in the Engineering Validation test stage. JioBook is a laptop, that is said to be affordable and would attract a lot of customers. As per the speculations, the price of the laptop would start from INR 10,000 onwards.

    Reliance Jio emerged as the top bidder in India’s $11 billion airwaves auction, said the reports on March 2, 2021. Reliance Jio bought airwaves worth Rs 571.23 billion ($7.8 billion) of the total Rs 778.2 billion raised in the latest spectrum auction. Jio’s competitors – Bharti Airtel Ltd., spent $2.6 billion and Vodafone Plc’s India unit bought spectrum worth Rs 19.9 billion.

    Some of the popular Jio Apps that the customers can now find are:

    • Jio Pages – A Jio launched web browser for Android mobiles
    • Jio Chat – JioChat is an instant messaging and video calling app for Jio users.
    • Jio Cinema – An online HD video library by Jio, designed to provide the users with movies, tv shows, and music videos online
    • Jio Cloud – A safe and secure cloud storage service from Jio
    • Jio Health – A health services app from Jio
    • JioNews – A news app or e-reader for news by Jio
    • JioMeet – A video-conferencing platform from Jio
    • JioMoney – A mobile wallet for the Jio customers
    • JioSaavn – Provides online and offline music streaming in English and Indian languages
    • JioSecurity – A mobile security and antivirus app
    • JioTV – A streaming service brought by Jio
    • JioCall (Jio4GVoice) – A videocalling feature for the fixed-line number customers
    • MyJio – A Jio account using which the Jio users can manage their Jio account and digital services

    Jio also has a list of other products and services. Here are some important ones to know about:

    • Mobile broadband service
    • JioFiber
    • JioBusiness
    • JioNet Wi-fi
    • JioPhone Next

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    Jio – Competitors

    There are many telecommunication brands that have thrived for long years in the telecommunication space of India. Popular brands like Airtel, Idea, Vodafone, etc. had achieved the customer’s trust for years and are still among the Reliance Jio competitors. However, with the disruptive entry of Jio, they had to hurry things up and make significant changes in their business models, strategies, and workings to match up with Jio’s radical approach.

    Small network operators like Aircel, Tata Teleservices, and Telenor had to shut down their functions in India because of the revolution brought by Jio into the market. The profits of other Telecom operators have also drastically decreased since Jio’s inception. Idea also had to merge with Vodafone eventually to make the company Vodafone Idea or Vi.

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    Jio – Future Plans

    Mukesh Ambani, recently in an interview, stated that Reliance Jio is now focusing on growing the teledensity in the rural and remote areas. The company is continuing to grow in demand for telecom services and provides digital services with greater services.

    Reliance Jio planned to build a data center in UP with approximately $950 million as an investment on February 23, 2021. This center will be powered by its own renewable energy plant.

    The company may also expand from being a digital telecom service provider to a digital services player which also offers services related to agriculture, healthcare, and education. Jio also aims to be an influencer and initiator in bringing and developing 5G services in India. The future Reliance Jio projects also include the launching of the 5G and 6G services, and the launch of the JioPhone Next, which was done in November 2021.

    FAQs

    What is Reliance Jio Tagline/Slogan?

    The slogan of Reliance Jio is ‘Digital Life’ while a popular tagline of Jio has been ‘Jio jee bharke’, which means live life to the fullest.

    Who is Reliance Jio Founder?

    Mukesh Dhirubhai Ambani is the founder of Reliance Jio.

    How much is Reliance Jio Revenue?

    In the second quarter of FY2021, it reported a revenue of INR 17,481 Cr with a profit of INR 2,844 Cr. In Q1, the company reported INR 16,557 Cr in revenue. Reliance Jio’s average revenue per user (ARPU) has gone up to INR 140, during Q1 of FY2021.

    Who are Reliance Jio’s top competitors?

    Airtel, and Vi are the prominent competitors of Reliance Jio.

    How much is Mukesh Ambani’s net worth?

    Mukesh Ambani’s net worth is $90.7 bn, as of April 2022.

    Does Reliance Jio have any subsidiaries?

    Yes. Reliance Jio’s subsidiaries are LYF and Reliance Jio Infocomm Pte. Ltd.

    How much is Reliance Jio’s customer base?

    As of April 2022, Reliance Jio recorded 179.93 million users.

  • Income of The Top Richest People in The World [2022 Updated List]

    With the increase in their wealth, the richest of people also inspire the world to come to their level. However, very few people can hustle as the richest do. Top richest people inspire more people to hustle and motivate them. Here is a list of the world’s richest people’s monthly income, annual income, earnings in a week and a day.

    Income of World's Richest Billionaire 2021
    World’s 10 Richest Billionaires 2021

    Richest People in the World

    Elon Musk
    Jeff Bezos
    Bernard Arnault & Family
    Bill Gates
    Warren Buffett
    Larry Ellison
    Carlos Slim
    Mark Zuckerberg
    Jim Walton
    Charles Koch
    Amancio Ortega
    David Koch
    Ingvar Kamprad

    Elon Musk

    Founder – SpaceX
    Net Worth (2022) – $229.1 Billion

    Elon Musk Income | Salary of the Richest People in the World

    Elon Musk Income:
    Annual: $249534246575
    Monthly: $20794520547
    Weekly: $5198630136
    Daily: $693150684

    The Co-founder, CEO, and Chief Engineer of SpaceX, an American aerospace manufacturer and the CEO and Product Architect of Tesla Inc., Elon Musk is known as an entrepreneur and business magnate of worldwide fame. He is currently known as the richest person in the world and highest-paid CEO, who notably retains his position as one of the top 3 of the highest income holders of the world. Musk successfully crossed the $200 billion on September 27, 2021, following the surge of a Tesla stock and was worth 203.4 billion at the close of the markets on the same date. With this, he surpassed Jeff Bezos, who attained the same in August 2020, and Bernard Arnault, to achieve the feat!

    Elon Musk is also the founder of The Boring Company, Neuralink, and OpenAI but his fortune is strongly tied to the ownership of Tesla.

    Jeff Bezos

    Founder – Amazon
    Net Worth (2022) – $171.4 Billion

    Jeff Bezos Income | Salary of Richest People in the World

    Jeff Bezos Income:
    Annual: $171616438356
    Monthly: $14301369863
    Weekly: $3575342465
    Daily: $476712328

    Jeff Bezos is the executive and the biggest shareholder of the web-based shopping giant Amazon. Bezos is an American innovation business visionary and speculator, esteemed over $100 billion. He is among the top 3 persons with the highest income in the world. Bezos’ different business interests incorporate aviation and e-commerce. He is the originator and proprietor of Blue Origin, a space transportation company. Established in 2000, the organization has directed dry runs to space starting in 2015, and arrangements for business suborbital human spaceflight starting in 2018. He likewise bought The Washington Post daily paper in 2013.

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    Bernard Arnault & Family

    Founder – LVMH Moet Hennessy Louis Vuitton

    Net Worth (2022) – $152.9 Billion

    Founder – LVMH Moet Hennessy Louis Vuitton

    Net Worth (2022) – $152.9 Billion

    Bernard Arnault Income | Salary of Richest People in the World
    Bernard Arnault Income | Salary of Richest People in the World

    Bernard Arnault Income:
    Annual: $147945205479
    Monthly: $12328767123
    Weekly: $3082191780
    Daily: $410958904

    Bernard Arnault oversees an empire of 70 brands including Louis Vuitton and Sephora. Arnault got his start by putting up $15 million from that business to buy Christian Dior in 1985. LVMH spent $3.2 billion in 2019 for luxury hospitality group, Belmond, which owns or manages 46 hotels, trains and river cruises.

    Bill Gates

    Founder of Microsoft
    Net Worth $117 Billion
    Founded in 1995

    highest income per day in the world
    Bill Gates Income | Salary of Richest People in the World

    Bill Gates Income:
    Annual: $121315068493
    Monthly: $10109589041
    Weekly: $2527397260
    Daily: $336986301

    Bill Gates is the Co-founder and Technology advisor of Microsoft Corporation. Bill Gates was the second  richest person in the world in 2018 following Jeff Bezos. He became the third richest person, after Bernard Arnault, who took him over in the July of 2019. Bill Gates is one of the best-known businesspeople of the tech industry. He has been scrutinized for his business strategies, which have been viewed as unfocused, a conclusion that has now and again been maintained by various court rulings. Later in his vocation, Gates sought after various magnanimous attempts, giving a lot of cash to different altruistic associations and logical research programs through the Bill and Melinda Gates Foundation which was set up in 2000.

    Warren Buffett

    Founder- Berkshire Hathaway
    Net Worth (2022) – $117.4 Billion

    Warren Buffett Income | Salary of Richest People in the World
    Warren Buffett Income | Salary of Richest People in the World

    Warrent Buffet Income:
    Annual: $88767123287
    Monthly: $7397260273
    Weekly: $1849315068
    Daily: $246575342

    Warren Buffet is an investor, CEO and the biggest shareholder of Berkshire Hathway, the American multinational aggregate holding organization. The best financial specialist on the planet, Buffett is likewise a business head honcho and an altruist esteemed at $68.2 billion. He is the Buffett, the fourth wealthiest individual on the planet, is frequently alluded to as the Wizard of Omaha or Prophet of Omaha, and is noted for his adherence to esteem contributing and for his own thriftiness in spite of his massive riches.

    Larry Ellison

    Founder – Oracle Corporation
    Net Worth (2022) – $104.8 Billion

    Larry Ellison Income | Salary of Richest People in the World
    Larry Ellison Income | Salary of Richest People in the World

    Lary Ellison Income:
    Annual: $95178082191
    Monthly: $7931506849
    Weekly: $1982876712
    Daily: $264383561

    Larry Ellison is the prime supporter of Oracle Corporation and was the CEO of the company until September 2014. With a net worth of $43.4 billion, Larry is, as of now, the seventh wealthiest individual on the planet. As of now, he is the official administrator and boss innovation officer of Oracle. Larry Ellison has given up to 1% of his riches to philanthropy and has marked The Giving Pledge. He ranks 8th position in the Forbes list of top 10 richest person in the world.

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    Carlos Slim and Family

    Founder – Grupo Carso
    Net Worth (2022) – $80.7 Billion

    Carlos Slim Income | Salary of Richest People in the World
    Carlos Slim Income | Salary of Richest People in the World

    Carlos Slim Income:
    Annual: $89753424657
    Monthly: $7479452054
    Weekly: $1869863013
    Daily: $249315068

    Carlos Slim is a Mexican business head honcho, financial specialist, and giver who is among the most successful entrepreneurs and one of the wealthiest individual on the planet esteemed at $80.7 billion. Slim is known as the Warren Buffett of Mexico, getting his fortune from his broad possessions in an extensive number of Mexican organizations through his aggregate, Grupo Carso.

    Mark Zuckerberg

    Founder – Facebook (Meta)
    Net Worth (2022) – $71.7 Billion

    Mark Zuckerberg Income | Salary of Richest People in the World
    Mark Zuckerberg Income | Salary of Richest People in the World

    Mark Zuckerberg Income:
    Annual: $92219178082
    Monthly: $7684931506
    Weekly: $1921232876
    Daily: $256164383

    Mark Zuckerberg, a prime supporter and CEO of Facebook. He is among the richest people on the planet with net worth esteemed at $71.7 billion. American developer, Internet business visionary, he established Facebook from his school apartment in Harvard. The site later extended quickly with one billion users joining in by 2012.

    Jim Walton

    Founder – Walmart
    Net Worth (2022) – $66.5 Billion

    Jim Walton Income | Salary of Richest People in the World
    Jim Walton Income | Salary of Richest People in the World

    Jim Walton Income:
    Annual: $58191780821
    Monthly: $4849315068
    Weekly: $1212328767
    Daily: $161643835

    Jim Walton is the youngest son of Sam Walton, the founder of Walmart – the retail brand. The Waltons are the richest family in America. Walton held a seat on Walmart’s board until 2016 when he yielded the seat to his son Steuart. Jim Walton shares 96% ownership of the family’s Arvest Bank, of which he is the chairman and CEO.

    Charles Koch

    Founder – Koch Industries
    Net Worth (2022) – $58 Billion

    Charles Koch Income | Salary of Richest People in the World
    Charles Koch Income | Salary of Richest People in the World

    Charles Koch Income:
    Annual: $48328767123
    Monthly: $4027397260
    Weekly: $1006849315
    Daily: $134246575

    Charles de GanahlKoch, esteemed at $55.2 billion, is an American businessperson, political benefactor and altruist. Charles Koch is the 12th wealthiest individual on the planet. He is co-proprietor, director of the board, and CEO of Koch Industries, well known additionally for its say in a prevalent American TV demonstrate ‘The Newsroom’. His family possesses 42% of the shares of the aggregate.

    Amancio Ortega

    Founder- Inditex Fashion group
    Net Worth (2022) – $55.8 Billion

    Amancio ortega Income | Salary of Richest People in the World
    Amancio ortega Income | Salary of Richest People in the World

    Amancio Ortega Income:
    Annual: $58191780821
    Monthly: $4849315068
    Weekly: $1212328767
    Daily: $161643835

    Amancio Ortega is the founder and former chairman of Inditex Fashion Group. He is the richest man in Europe and the 2nd richest mai in the world as of July 2019. He cofounded retail chain ‘Zara’ for clothing and accessories with his ex-wife Rosalia Merabest. He owns around 59% of Inditex. Amancio has a net worth of USD 68 Billion.

    David Koch & Family

    Founder – Koch Industries
    Net Worth (2019) – $50.5 Billion

    David Koch Income | Salary of Richest People in the World
    David Koch Income | Salary of Richest People in the World

    David Koch Income:
    Annual: $49315068493
    Monthly: $4109589041
    Weekly: $1027397260
    Daily: $136986301

    David Koch is the sibling of Charles Koch, was the Executive Vice President of Koch Industries. Esteemed same as his sibling at $55.2 billion, David was the 6th wealthiest individual on the planet. David likewise possessed 42% of the aggregate that the sibling acquired from their dad and afterwards extended. David coch wife Julia Koch & family has net worth of $47.4 billion (2021).

    Ingvar Kamprad

    Founder – IKEA
    Net Worth (2018) – $58.7 Billion

    Ingvar Kamprad Income | Salary of Richest People in the World
    Ingvar Kamprad Income | Salary of Richest People in the World

    Ingvar Kamprad Income:
    Annual: $57205479452
    Monthly: $4767123287
    Weekly: $1191780821
    Daily: $158904109

    Ingvar Kamprad was the Swedish business financier and originator of the renowned IKEA. The Swedish billionaire died in January 2018. He has positioned the 8th wealthiest individual on the planet at $58.7 billion in 2018. The Swedish retail organization was World’s biggest furniture offering organization in 2008. Kamprad transferred all his assets to his sons Peter Kamprad , Mathias Kamprad and Jonas. All the kamprad brothers are billionaires. Each of them has net worth of $1.3 billion (2021).

    FAQs

    Who is the richest person in the world 2022?

    Elon Musk is the world’s richest person, with an estimated net worth of $229.1 Billion followed by Jeff Bezos, who is worth $171.4 Billion.

    How many billionaires are there in the world 2022?

    In the 35th annual Forbes list of the world’s billionaires, there are 2,755 billionaires.

    Who are top richest people in the world?

    Top 10 Richest in the world are:

    • Elon Musk
    • Jeff Bezos
    • Bernard Arnault & Family
    • Bill Gates
    • Warren Buffett
    • Larry Ellison
    • Carlos Slim
    • Mark Zuckerberg
    • Jim Walton
    • Charles Koch

    Which Country has the most Billionaires?

    Countries with the most Billionaires with ranking:

    1. United States
    2. China
    3. India
    4. Germany
    5. Russia

    Who is the highest paid person in the world?

    Tim Cook, the CEO of Apple, is the highest paid employee in the world. He received $265 million in 2020 (base salary of $3 million, stock awards of $250 million, and perks around $1 million).

  • List of Top 20 Richest People of Asia in 2021

    Even during the pandemic, the net worth of many billionaires have been growing consistently. According to Forbes, the number of billionaires in the Forbes 35th list of the world wealthiest people, the number of billionaires have increased to 2,755, which was 660 more than a year ago.

    Everyone knows that the richest person on the planet is Elon Musk with a net worth of $203.4 billion, followed by Jeff Bezos with $192.2 billion and Bernard Arnault & family with $185.8 billion, as of October 16, 2021. But do you know the top twenty richest people in Asia? According to Bloomberg Billionaire Index and the Forbes Billionaires List, the top 15 richest people in Asia, collectively account to over $500 billion.

    The people in this list are self-made, big tech tycoons and real estate giants. The person who takes the top spot in the list of Asia is none other than India’s richest person, Mukesh Ambani who is the Chairman of the conglomerate, Reliance Industries Ltd. The other high profile billionaires from the continent are Jack Ma, Gautam Adani, Zhong Shanshan, Ma Huateng, Li Ka-Shing, etc. To find out who else made the top 20 according to Forbes.

    1. Mukesh Ambani
    2. Zhong Shanchan
    3. Gautam Adani
    4. Robin Zeng
    5. Ma Huateng
    6. Zhang Yiming
    7. Jack Ma
    8. Li Ka Shing
    9. He Xiangjian
    10. Lee Shau Kee
    11. Colin Huang
    12. Tadashi Yanai
    13. Ding Lei
    14. Wang Wei
    15. Takemitsu Takizaki
    16. Masayoshi Son
    17. Yang Huiyan
    18. Qin Yinglin
    19. Pang Kang
    20. Li Xiting
    Frequently Asked Questions

    Here is the list of the Top 20 Richest People in Asia.

    1. Mukesh Ambani

    Chairman/MD Reliance Industries Ltd
    Net Worth US$100.6 billion (as of October 2021)
    Industry Energy, Telecom, Retail, Petrochemicals, Textiles and Natural Resources
    Country India
    Age 64 (2021)

    Mukesh Ambani
    Mukesh Ambani

    Mukesh Dhirubhai Ambani is an Indian Billionaire Businessman, the Chairman, Managing Director and the largest shareholder of the Reliance Industries Ltd., which is an energy and telecom multinational conglomerate.

    Reliance Industries owns business across India and has its foothold in the industries such as energy, petrochemicals, textiles, natural resources, retail and even telecommunications. The company is also in the list of the Fortune Global 500 Company and is the country most valuable company as per its market value.

    Ambani is credited for creating Jio, an affordable 4G phone service in India. The billionaire also owns an Indian Premier League team known as the Mumbai Indians and also has a property worth more than $400 million. As of 16th October 2021, Mukesh Ambani is the richest person not only in India but also Asia with a net worth of US $100.6 billion and is also the 11th richest person in the world. The head honcho of Reliance India Limited has joined the coveted club of billionaires with a fortune of at least $100 billion on 8th October 2021, Friday, following the rapid rise of the stocks of the conglomerate.

    2. Zhong Shanchan

    Founder/ CEO Nongfu Spring
    Majority stake holder Beijing Wantai Biological Pharmacy Enterprise
    Net Worth US$71.6 billion (as of 28th May 2021)
    Industry Beverage and Pharmacy
    Country China
    Age 67

    Zhong Shanshan
    Zhong Shanshan

    Zhong Shanshan is a Chinese billionaire businessman, the founder and chairman of Nongfu Spring which is a popular beverage company in China and a majority stake holder of Beijing Wantai Biological Pharmacy Enterprise.

    Nongfu Spring is a bottled water and beverage company that went public in September 2020, the company recently tripled its value to $85 billion. As of 16th October 2021, the net worth of Shangshan is $71.6 billion, making him the richest person in China, the 2nd richest person in Asia after Gautam Adani.

    He became the second richest person in Asia due to the recent stock listing of Nongfu and also because Wantai Biological managed to tap into the high demand of Covid 19 kits. Zhong Shanshan is also known to have accumulated his wealth the fastest in history, according to Bloomberg.

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    3. Gautam Adani

    Founder/ CEO Adani Group
    Net Worth US $75.20 billion (as of October 2021)
    Industry Resources, Logistics, Energy, Energy, Defence, Aerospace, Real Estate, Financial, etc.
    Country India
    Age 59 (2021)

    Gautam Adani
    Gautam Adani

    Gautam Shantilal Adani is an Indian Billionaire Industrialist, the Founder and Chairman of the Adani Group. Adani Group is an Indian multinational conglomerate that has diverse businesses across the industries of resources, logistics, energy, energy, defense, aerospace, real estate, financial, etc.

    Adani Group has an annual revenue of more than US $13 billion with operations in more than 50 countries. Adani is especially known for being a port developer and operator and is known for having the largest port in the country known as the Mundra port.

    As of 2018, Gautam Adani has over 66% stake in Adani Ports & SEZ, 75% stake in Adani Enterprises, 73% stake in Adani Power, and a 75% stake in Adani Transmission. As of 16th October 2021, Gautam Adani has a net worth of US $75.20 Billion, making him the second richest person in Asia. He had recently overtaken Chinese bottled water producer, Zhong Shanshan in September 2021.

    4. Robin Zeng

    Founder/ Chairman Contemporary Amperex Technology
    Net Worth US $50.70 billion (as of October 2021)
    Industry Automotive Li-ion Batteries, Energy Storage Systems, Battery Recycling
    Country China
    Age 53 (2021)

    Robin Zeng
    Robin Zeng

    Robin Zeng also known as Zeng Yuqun is a Chinese billionaire entrepreneur, the Founder and Chairman of Contemporary Amperex Technology (CATL).

    The CATL is well known Chinese’s battery manufacturer and Technology Company that specializes in making lithium-ion battery for electric vehicles, battery management systems. Zeng is among the richest people in China and in Asia. With a net worth of $50.70 billion, he recently overtook Jack Ma, as per the reports dated October 16, 2021.

    5. Ma Huateng

    Chairman/MD Tencent Holdings
    Net Worth US$49.10 billion (as of October 2021)
    Industry Technology
    Country China
    Age 49 (2021)

    Ma Huateng
    Ma Huateng

    Ma Huateng, also known as Pony Ma is a Chinese Billionaire Businessman, the Founder, Chairman and CEO of Tencent. Tencent is the continent’s most valuable company and one of the largest internet and Technology Company.

    Besides , Tencent is also one of the biggest investment, gaming and entertainment conglomerate in the world known for developing China’s instant messaging app called WeChat. According to Time magazine Ma Huateng is one of the most influencial people in 2018, while Fortune also ranked him as among the top businessmen of the year in 2017.

    The businessman wealth comes from the 9.7% stake in Tencent holdings. He is known to own properties in Hong Kong and art pieces that are worth over US $150 million. As of 16th October 2021, the net worth of Ma Huateng is US $49.10 billion, making him one of the richest people in China and the 5th richest person in Asia.

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    6. Zhang Yiming

    Founder/ Former CEO ByteDance
    Net Worth US $44 billion (as of October 2021)
    Industry Internet Technology
    Country China
    Age 38 (2021)

    Zhang Yiming
    Zhang Yiming

    Zhang Yiming is a Chinese Billionaire Businessman and the Founder of ByteDance and developer for the news aggregator Toutiao and the world renowned video sharing platform TikTok. ByteDance is a Chinese multinational internet tech company known for developing video sharing and social networking sites like TikTok and Douyin.

    ByteDance also developed an app known as Toutiao, which is a platform that delivers news content in various forms. As of 2018, ByteDance has over 800 million daily users across all its content platforms and has been valued at $250 billion as of 2021. According to Bloomberg billionaires index Zhang’s personal wealth is estimated to be around $44 billion.

    Zhang Yiming stepped down from the position of CEO of Bytedance to embrace a new role within the company on 20th May 2021.

    7. Jack Ma

    Founder/ CEO Alibaba Group
    Net Worth US$42.30 billion (as of October 2021)
    Industry Technology, E-commerce, Retail
    Country China
    Age 56 (2021)

    Jack Ma
    Jack Ma

    Jack Ma is a Chinese billionaire businessman, the Founder and former Executive Chairman of Alibaba Group. Alibaba is a Multinational Technology Conglomerate that specializes in E-commerce, retail, technology and offers C2C, B2C and B2B sales, electronic payments, shopping search engines and cloud computing services.

    Alibaba is the world largest retailers and e-commerce companies and has the 6th highest global brand valuation in 2018. Jack Ma was ranked 2nd in the Forbes list of the World 50 greatest leaders and is also a popular philanthropist as he has supported many underprivileged communities in China, Africa, Australia, and the Middle East.

    As of 16th October 2021, the net worth of Jack Ma is US$42.3 billion making him a distinguished billionaire in China and the 7th richest person in Asia.

    8. Li Ka Shing

    Chairman Li Ka Shing Foundation
    Net Worth US $31.80 Billion (As of October 2021)
    Industry Real Estate
    Country Hong Kong
    Age 92 (2021)

    Li Ka Shing is a Hong Kong businessman, an investor and well known philanthropist. He is the senior advisor and former chairman of the board for CK Hutchison Holdings and CK Asset Holdings. Li Ka Shing is 92 years old and is known to be the world leading port investor, developer and operator of the largest health and beauty and retailer in Asia and Europe.

    According to Forbes Hong Kong Fortune league chart, Li Ka Shing became the richest person in Hong Kong in February 2021. Li is often regarded as “Superman li” by the Hong Kong media because of his business prowess, he also is the most influential entrepreneurs in the continent.

    Li presides over a huge business empire that has its foothold in the industries such as transportation, real estate, financial services, retail, and energy and utilities. The billionaire is also a philanthropist that leads a simple life and has donated billions of dollars to charity and causes making him Asia most generous philanthropists.

    As of 16th October 2021, Li Ka Shing net worth is over US $31.80 Billion making him one of the richest person in Hong Kong and among the richest in Asia.

    9. He Xiangjian

    Founder Midea Group
    Net Worth US$31.70 billion (as of October 2021)
    Industry Consumer appliances
    Country China
    Age 79 (2021)

    He Xiangjian
    He Xiangjian

    He Xiangjian is the Co-founder of Midea Group, which is known to be one of the world’s largest appliance makers. Midea Group is electrical appliances manufacturer that has more than 200 subsidiaries.

    The company is known for its products like lighting, water appliance, floor care, small kitchen appliance, laundry, cooking appliance and refrigeration appliances. According to Bloomberg Billionaire Index, Xiangjian was ranked the 44th place as his net worth was $32.7 billion in April 2021.

    Media is also the world largest producers of robots and appliances which is why the company was also listed in the Fortune Global 500 since 2016. He Xiangjian stepped down from the company operation in 2012, but is still one among the richest in China and Asia with a wealth of $32.70 billion.

    10. Lee Shau Kee

    Founder/Chairman Henderson Land Development
    Net Worth US $31.10 billion (as of October 2021)
    Industry Real Estate
    Country Hong Kong
    Age 93 (2021)

    Le Shau Kee
    Le Shau Kee

    Le Shau Kee is a billionaire businessman from Hong Kong, real estate tycoon, founder and former chairman of Henderson Land Development. Henderson Land Development is a well known property conglomerate with stakes in property, hotels, restaurants and internet services.

    The company’s main activities are property development, investment, project management, construction, hotel operation, finance, investment holding and infrastructure. The billionaire controlled over 70.17% of the share capital of the company as of 2015.

    Kee stepped down from the position of chairman in 2019 at the age of 91 and passed the mantel to his sons. Le Shau Kee is one of the richest people in Hong Kong and in Asia. His net worth is estimated to be $31.10 billion, as of 16th October 2021.

    11. Colin Huang

    Founder/ CEO Pinduoduo
    Net Worth US$31.10 billion (as of October 2021)
    Industry E-commerce, Agriculture
    Country China
    Age 41 (2021)

    Colin Huang
    Colin Huang

    Colin Huang also known as Huang Zheng is a Chinese billionaire businessman, the Founder and CEO of Pinduoduo. Pinduoduo is a leading E-commerce and the largest agriculture-focused technology platform in China. Pinduoduo’s main objective is to connect farmers and distributors directly with the consumers and provide an interactive shopping experience.

    Over 600,000 merchants have sold their produce through the platform with more than 12 million farmers supplying their fruits and vegetable to the merchants. According to Bloomberg, the platform has over 628 million customers and made $4.2 billion in 2019. Huang has also founded two other popular internet based companies known as Xinyoudi (a gaming business) and Ouku.com (an e-commerce platform).

    The businessman has grown his wealth steadily in the recent years, climbing the global ranks from number 94 in 2019, to number 57 in 2020, and then 21. As of 16th October 2021, Colin Huang net worth is US$31.10 billion, which makes him the one of the richest people in China and the 11st richest person in Asia.

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    12. Tadashi Yanai

    Founder/ Chairman Fast Retailing
    Net Worth US$32.5 billion (as of October 2021)
    Industry Retail
    Country Japan
    Age 72 (2021)

    Tadashi Yanai
    Tadashi Yanai

    Tadashi Yanai is a Japanese Billionaire businessman, the Founder and President of Fast Retailing. Fast Retailing is public Japanese retail holding company that owns more than a 1000 stores. The company owns popular Japanese subsidiaries like Uniqlo, J brand, Comptoir des Cotonniers, GU, Princesse Tam Tam and Theory.

    He is also the biggest shareholder of Asia’s largest clothing retailer known as Uniqlo. According to Bloomberg Billionaire Index, Tadashi Yanai became the richest person in Japan and the 34th richest person in the world, as his net worth was estimated to be $42.billion as of April 2021.

    However, as of 16th October 2021, the billionaire’s net worth is US $32.5 billion, making him the richest person in Japan and among the richest in Asia.

    13. Ding Lei

    Founder/CEO NetEase
    Net Worth US $29.8 billion (as of October 2021)
    Industry Technology
    Country China
    Age 49 (2021)

    Ding Lei is also known as William ding is a Chinese Billionaire businessman, the Founder and CEO of NetEase. NetEase is Internet Tech Company known for its services like content, community, communications and commerce. The company also develops online PC and mobile games, advertising services and e-commerce platforms in China.

    NetEase is one of the largest internet and video game companies in the world. Besides gaming, NetEase works with other online media entertainment like movies and music. Ding Lei is known to have made many contributions to the development of computer networks in China, while his company work with Blizzard Entertainment and Microsoft subsidiary Mojang.

    According to Bloomberg, the net worth of Ding Lei as of 16th October 2021 is $29.8 billion, making him one of the richest people in China and in Asia.

    14. Wang Wei

    Founder/Chairman SF Express
    Net Worth US $28.8 billion (16th October 2021)
    Industry International express delivery and logistics services
    Country China
    Age 50 (2021)

    Wang Wei is a Chinese billionaire businessman, the Founder and Chairman of SF Express. SF Express is a multinational express delivery services and logistics company. The company is the 2nd largest courier in China as it provides domestic and international express delivery.

    It is also known for the SF Airlines which has a fleet of 50 cargo aircrafts. SF Express began in 2009 and has transported more than two million tonnes of cargo till 2018. This is why the SF Express is known as the “Fedex of China.”

    As of 16th October 2021, the net worth of Wang Wei is US $28.8 billion, making him one among the richest people in China as well as in Asia.

    15. Takemitsu Takizaki

    Founder/Chairman Keyence
    Net Worth $28.5 billion (as of October 2021)
    Industry Technology
    Country Japan
    Age 75 (2021)

    Takemitsu Takizaki is a Japanese bilionaire businessman, founder and chairman of Keyence. Keyence is a well-known manufacturer of automation sensors, vision systems, barcode readers, laser markers, measuring instruments, and digital microscopes.

    The company has many big brands as its clients Toyota, Toshiba, and Volkswagen. Takizaki stepped down as the company chairman but still has a net worth of $28.5 billion, as of 16th October 2021, making him one of the richest people in Japan and Asia.

    16. Masayoshi Son

    Founder/ CEO Softbank
    Net Worth US$28.20 billion (as of October 2021)
    Industry Investment
    Country Japan
    Age 63 (2021)

    Masayoshi Son
    Masayoshi Son

    Masayoshi Son is a Japanese billionaire entrepreneur, the Founder and CEO of SoftBank and also the chairman of the UK based Arm Holdings. Softbank is a well-known Japanese multinational holding company that operates in the areas of broadband, fixed-line telecommunications, e-commerce, internet, technology services, finance, media and marketing, semiconductor design, etc.

    The company was also ranked 36th in the list of Forbes Global 2000. Masayoshi Son’s net worth is estimated to be $28.2 billion as of 16th October 2021, making him the one of the richest people in Japan and the 16th richest person in Asia. Masayoshi was also ranked as the 45th in the list of Most Powerful People, according to Forbes.

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    17. Yang Huiyan

    Chairman and Majority stake holder Country Garden Holdings and Bright Scholar Education Holdings
    Net Worth US $27.3 billion (as of August 2021)
    Industry Real Estate
    Country China
    Age 40 (2021)

    Yang Huiyan
    Yang Huiyan

    Yang Huiyan is a Chinese billionaire businesswoman, Property developer and a majority stakeholder of Country Garden Holdings, 70% of shares of the company were transferred to her by her father Yang Guoqiang in 2007.

    The Country Garden is a property development company that constructs buildings and manages hotels in China, owned by Yang’s family. The company was ranked 147thin the Fortunes Global 500 list. Country Garden has more than 200 high-end township developments in countries like China, Malaysia, and Australia.

    As of August 2021, Yang Huiyan’s net worth is estimated to be $27.3 billion, making her not only the richest woman in China but also the richest woman in Asia.

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    18. Qin Yinglin

    Founder/Chairman Muyuan Foodstuff
    Net Worth US $25 billion (as of October 2021)
    Industry Food and beverage
    Country China
    Age 56 (2021)

    Qin Yinglin is a Chinese billionaire, founder and chairman of Muyuan Foodstuff. Muyuan is a popular pig breeding and distribution company that breeds and sells pigs and pork products. Qin is known to have started the company with his wife in 1992, and by 2019 the company made $3 billion.

    The agriculture billionaire is known to be the “the country’s largest pig breeder in the world’s biggest pork market”, according to Forbes. Qin is famous as the world’s richest farmer. His net worth is estimated to be $25 billion, as of 16th October 2021. This makes him one of the richest people in China and in Asia.

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    19. Pang Kang

    Chairman Foshan Haitian Flavouring and Food Co.
    Net Worth US $23.80 billion (as of October 2021)
    Industry Food and beverage
    Country China
    Age 65 (2021)

    Pang Kang is a Chinese billionaire businessman and the chairman of a popular food and beverage company known as Foshan Haitian Flavoring and Food Co. The company manufactures a wide variety of sauces and flavoring, it is also the largest manufacturer of Soy Sauce in the world.

    Based in China’s Guangdong providence, the food company made $2.9 billion in 2019, within five years of its launch. Foshan also makes over 200 different condiments such as oyster sauce, hoisin, shrimp, vinegar, and chicken stock.

    As of 16th October 2021, the net worth of Pang Kang is over $23.80 billion, making him one of the richest people in China and in Asia as well.

    20. Li Xiting

    Founder/Chairman Shenzhen Mindray Bio-Medical Electronics
    Net Worth US $21.30 billion (as of October 2021)
    Industry Medical Electronics
    Country Singapore
    Age 70 (2021)

    Li Xiting is a Singaporean billionaire, Founder and former Chairman of Shenzhen Mindray Bio-Medical Electronics. Over the year the billionaire has been one of the pioneers in the world of healthcare. While his company is known to operate in 30 countries and have over 17 subsidiaries.

    Mindray is known for its healthcare devices such as health monitoring systems, ventilators, defibrillators, anesthesia machines and infusion systems. According to Forbes, Li Xiting is the richest person in Singapore in 2020. As of 16th October 2021, the net worth of Li Xiting is $21.30 billion, making him the richest Singaporean and among the richest people in Asia.

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    Frequently Asked Questions

    Who are the top three richest people of the world?

    The top three billionaires of the world are Elon Musk, with a net worth of $203.4 billion, followed by Jeff Bezos with $197.7 billion and Bernard Arnault with $193.2 billion, as of 16th October 2021.

    Who are the top ten richest people of Asia?

    The top ten richest billionaires of Asia are Mukesh Ambani, Zhong Shanchan, Gautam Adani, Robin Zeng, Ma Huateng, Zhang Yiming, Jack Ma, Li Ka Shing, He Xiangjian, Le Shau Kee.

    Who are the other top people of Asia?

    The other top billionaires of Asia are He Xiangjian, Ding Lei, Li Ka Shing, Yang Huiyan, Wang Wei, Pang Kang, Li Xiting, Qin Yinglin and Takemitsu Takizaki.

  • Top 10 Richest Men in Delhi

    Delhi being the capital of India is one such metro city, where wealth grows. This city is home to many billionaires. India being a developing nation, most of the industries and big firms target the metros for business opportunities. Delhi is the largest commercial center in northern India that acquires around 42% of the state’s total wealth figure.

    As per surveys, the Delhi state gives out total revenue of 2958 billion rupees in the form of taxes to the central government. This shows why the richest business tycoons love to work and stay in Delhi. In this article, you will find more information about the richest men in Delhi.

    Shiv Nadar
    Rajiv Singh
    Vikram Lal
    Ravi Jaipuria
    Sunil Mittal
    Vijay Sharma
    Anand Burman
    Munjal Pawan
    Kuldip Singh Dhingra
    V.C. Burman
    FAQ

    Shiv Nadar

    Net Worth – INR 1,41,700 crores

    Shiv Nadar
    Shiv Nadar

    Shiv Nadar is an Indian industrialist; the founder of HCL enterprises and also the chief strategy officer at HCL Technologies. Shiv Nadar founded HCL in the year 1976 when he started making calculators and microphones and over the years worked to build a multi-billionaire company that today is the third-largest software service provider in India.

    Rajiv Singh

    Net Worth – INR 32,800 crores

    Rajiv Singh
    Rajiv Singh

    Rajiv is the chairman of DLF Ltd, appointed on the 4th of June 2020. DLF stands for Delhi Land & Finance which is a real estate development company founded in 1946. Rajiv was the executive vice-chairman of the company since 1999. He holds a professional degree in mechanical engineering. For working over decades in DLF, he has now reached this level with all his consistent hard work, perseverance, and strategic mindset.

    Vikram Lal

    Net Worth – INR 30,600 crores

    Vikram Lal is the founder of Eicher motors, a company based on the manufacturing of commercial vehicles in India. He started his career by joining the family company Eicher India founded by his father. He changed the concept of the company by expanding it from commercial vehicles to domestic vehicles as well.

    He started manufacturing motorcycles which are now sold by the name – Royal Enfield. He owns three factories in India and has sold over 6,97,582 bikes in just one year.

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    Ravi Jaipuria

    Net Worth – 25,700 crores

    Ravi Jaipuria’s name is also spelled as cola king in India. He is the chairman of RJ Corp. Ravi also owns a company with the name Varun beverages which to tell is the second-largest bottling partner for the American joint Pepsico.

    He has studied management course in the United States and came back to work in his family-owned business of bottling. Ravi also received the bottler of the year award by US President George Bush.

    Sunil Mittal

    Net Worth – 25,500 crores

    Sunil Mittal
    Sunil Mittal

    Sunil Bharti Mittal is also one of the richest people in Delhi. He is the founder and chairperson of Bharti enterprises. One of the flagship groups of the company is Bharti Airtel. It is the second-largest telecom company in India and has a customer base of 400 million people across the world.

    Sunil Mittal was also the Forbes richest person of India for some time and has also been awarded Padma Bhushan in 2007

    Vijay Sharma

    Net Worth: 23,000 crores

    Vijay Sharma
    Vijay Sharma

    Vijay Sharma is one of India’s youngest billionaires and an inspiration to many. He is the chief executive officer of Paytm. Vijay has studied engineering at the Delhi College of Engineering. He established the company One 97 Communications in 2000. One 97 Communications is the parent company of Paytm. He revolutionized the method of payment by bringing Paytm. The tagline he used to send payment was #paytmkaro. Today he is a role model for the youth as being one of the youngest billionaires in India.

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    Anand Burman

    Net Worth – 22,400 crores

    Anand Burman
    Anand Burman

    Anand Burman is a leading businessman and chairman of Dabur India Ltd. Anand joined the family business of Dabur in 1980. His company is a consumer goods company related to FMCG products. Dabur is a leading brand in India. Anand has a degree of doctorate in pharmaceutical chemistry from the University of Kansas.

    Munjal Pawan

    Net Worth – 22,000 crores

    Pawan Munjal heads the Hero Motocorp. He serves as the chairman, managing director & CEO of the company. Munjal’s Hero Motocorp manufactures affordable motorcycles for Indian people. He joined the company from Hero Honda Motors in 2001 and made the company grow. He successfully transformed it into Hero Motorcorp by 2011. Today Hero Motorcorp offers a huge variety of segments to its customers at a very affordable and economic cost.

    Kuldip Singh Dhingra

    Net Worth – 18,000 crores

    Kuldip Singh is the Indian Entrepreneur who is the chairman of Berger Paints Ltd. He started Berger paints with his brother in 1991 when he purchased the company from Vijay Mallya. He tells that the business of paints was in his blood as his grandfather was also in into paints business in Amritsar.

    V.C. Burman

    Net Worth – 17,000 crores

    Vivek Chand Burman is the former chairman of Dabur India Ltd. Vivek is one of the oldest members of the company. He joined the company in 1954 and was appointed as the chairman in 1998. Over the years he built the company strong and more reliable and because of health issues he retired and gave the position to his nephew Anand in 2007.

    Conclusion

    So, here was a list of the richest men living in the streets of Delhi with their amazing and lavish lifestyles. To sum up, these men have worked hard enough to achieve this success. Being in such a state is not easy but requires enough dedication, perseverance, and hard work. These men are a true inspiration, so start exploring more and more ideas and work hard so that you can come closer to your dreams.

    FAQ

    Who is the richest person of New Delhi?

    Shiv Nadar is the richest person in Delhi who has a net worth of INR 1,41,700 crores.

    Who is the richest man in India?

    Mukesh Ambani is the richest man in India with a net worth of $84.5 billion.

    Which is the richest city in India?

    Mumbai is considered as the richest city in India.

  • Productive Habits of Super Rich People

    “You don’t decide your future. You decide your habits and your habits decide your future.”

    Our habits essentially make us who we are, and what we are expected to be, by others as well as our own selves. And habits play a very important role determining how successful we are and will be with time. When a routine of behavior is repeated regularly and tends to occur subconsciously, it defines a lot about that person’s personality, its motivations, its dedication, its laziness and its carelessness.  

    Having good habits in our behavior pattern is important if we consider a rational perspective with the purpose of having a meaningful life. Our willpower, self-discipline, and willingness to take actions act as a stimuli in the development of an individual’s personality and in result giving them an optimism outlook. So it is important that all the small things we do on a daily basis are done in the best way possible. A guide of a super-rich person might come in handy.

    We have also covered startups from Pune, Nagpur and other major cities of India.

    Successful Habits of The Super Rich

    Successful Habits of The Super Rich

    A To-Do List

    A “to-do” list is made usually a night before, and successful people are known well for writing theirs so that they are able to set goals. Goals can be big or small and make a list of priorities the activities for the coming day. Such list helps in minimal wastage of time and productive outcomes and a satisfactory feeling at the end of the day.

    Generally it has a limited number of pointers, around 6 to 8, and the key is to jot down all the ideas and think about them. Then break down tasks and prioritize, in order to accomplish wider goals. This is one of the simplest habits to be developed and is one of the most effective.

    Richard Branson insists on carrying a pen and notepad at all times. It eliminates chances of making mistakes and missing out on opportunities to generate income.
    Wake Up Early.

    Most wealthy people get out of bed early. Richard Branson, former President Barack Obama, Tim Cook, Larry Schultz; they are all known to be early risers. Waking up early attributes to their success, as they are able to start their days ahead of everyone else and responding to others, devoting time on physical health, and finding some personal time. People who wake up early tend to be happier and are more productive.

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    Daily Exercise Routine and Healthy Diet

    A healthy mind exists in a healthy body. Doing exercise on a daily basis helps a lot in terms of getting into a healthy state. It isn’t about getting those abs or cuts, it’s about maintaining a healthy lifestyle.

    A healthy lifestyle can work wonders, and if you also maintain a healthy diet it helps to achieve a state of being where you feel good inside out. It significantly improves your health, energy and that results in increasing efficiency. You are able to make better decisions. When you feel good inside, you are able to express it to the world by being positive and optimistic. Rich people spend around six hours a week exercising, compared to the average person’s two and a half hours a week. Health is wealth, and it takes on a more literal meaning when it comes to super-rich.

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    Cutting Down the Television dosage and Investing in Reading

    You will rarely see a rich and wealthy person talking about their favorite reality TV shows. Statistically 86% of rich people love and enjoy reading. And only 67% watch TV for one hour or less per day. Reading plays a vital role in the development of an individual, it covers the areas:
    1) gaining a wider knowledge
    2) having a more educated perspective on workings of the world
    3) reasoning and rational side improves

    And this all lead to better decisions being made, more beneficial conduct of activities (personal or business) and a tremendous increase in self-improvement. Reading also helps in a more confident outlook towards any problem that comes your way, you are able to deal with it with more understanding about the same. Of course, it is only one of the many ways reading comes as a measure or betterment of your individual personality, there are many such others.

    But the essential reason being that most of the super-rich people know what they are talking about, and the knowledge wasn’t inherited in them at the time of their birth but absorbed through the ways of words – in books, journals, newspapers and other such reading aids.

    Successful people tend to choose educational books and publications over novels, tabloids, and magazines. And in particular they obsess over biographies and autobiographies of other successful people for guidance and inspiration.

    Save, Spend and Invest on yourself

    “There is no more profitable investment than investing in yourself. It is the best investment you can make; you can never go wrong with it. It is the true way to improve yourself to be the best version of you and lets you be able to best serve those around you.”
    ― Roy T. Bennett, The Light in the Heart

    The essence of this ideology is that you need to put a certain percentage of your income aside for yourself, save it and invest it for yourself. This means that you have to save for your own future before you pay for anything else. It could mean that you are investing in a retirement plan for example, or an amount saved for a prospective business idea that you have.

    Saving a small portion at every consistent time period pays of at the time of a considerably old age. It will certainly make your golden years more comfortable and relaxing. It is important to earn profits and get the resources to yield even more profits, but it is also important to prioritize yourself first as being independent is vital when it comes to living a lavish lifestyle for years to come.

    Keeping Yourself Busy

    Rich and wealthy people who are successful in their fields are seldom idle. They work productive hours and even more, they have no time to waste. The brain power is used at exponential rates and therefore procrastinating is far away from their routine.

    Elon Musk works for an astonishing 80-100 hours per week and says, “That is the type of work ethic and entrepreneur needs to have.” Keeping yourself engaged in work is a sign of a dedicated hard worker, it means you strive to accomplish your goals and are not trying to stop anytime soon. It keeps you motivated, when the results come in, the sales increase, the brand is expanding and your business is reaching heights.

    Take Time To Think

    Now it might come as little bit contrary to our previous point, but it shouldn’t be a surprise that in order to be successful you shouldn’t be hesitant in taking a time out to think. It is very common that a successful person gets caught into the rat race of work.

    This leads to a negative impact as it decreases your creativity and that results in less intelligent ideas and strategies for the business. So it is very important to take a few minutes, or hours, or consecutive days to sit down and think about your goals and meditate. Use that time period to see what you’re doing, what needs to be improved, how you will achieve those goals and so on and so forth.

    “It often requires more courage to dare to do right than to f ear to do wrong”
    –Abraham Lincolm

    Be Humble

    Even Kendrick Lamar gives this advice, being humble is one the most common characteristics you will in super-rich and successful people. Bill Gates is one of the richest person in the world, and yet his outlook and way of giving a speech is full of ambition and yet it does not reflect a bit of arrogance or pride in his wealth.

    Same is the case with Facebook owner Mark Zuckerberg, he appears to be a “regular guy” and surprisingly drives a Acura TSX which costs around $30,000 only, to which he reasons saying, “ it is safe, comfortable and not ostentatious.”

    A part of being super-rich is that you engage with masses, so psychological factors play a huge role. When people see a rich person, the automatic assumption is that they must be proud and arrogant about it. And that’s what differs in these super-rich people, they break this stereotype and genuinely apply being humble as a part of their personality. Humbleness and kindness generally comes hand in hand, and people trust these traits more and therefore don’t hesitate to rely on them. And with mass support and goodwill in market, being super-rich is not that hard.

    So, we hope this list of habits of super rich people will help you to start your journey. This list is guidance to develop few good habits in you. Hope, this list is helpful.

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    FAQs

    What is a rich person mindset?

    A Rich mindset seeks to spend their time, resources, and energy on work that continues to pay off long after the effort has been invested. A Rich mindset is all about getting a flywheel spinning. Building momentum. Creating systems that continue to generate value on their own.

    What habits do wealthy people have?

    Some Rich people habits :-

    • Rich people always have a vision
    • Rich people have productive routines
    • Rich people are results-driven
    • Rich people admit when they don’t know
    • Rich people don’t work for money

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