Mukesh Ambani adds $10 billion to his net worth, leads Indians adding wealth in 2023 - Qoneqt
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    Vikshita Vitthal Gujaran in News

    30-Dec-2023 04:05 PM


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    Mukesh Ambani adds $10 billion to his net worth, leads Indians adding wealth in 2023

    Savitri Jindal, the former Chairperson of OP Jindal Group, is the third richest person with a total net worth of $24.7 billion. She sources her wealth from group companies like Jindal Steel, Jindal Steel and Power, and Jindal Energy. She added $8.93 billion to her wealth recently.

    Mukesh Ambani, the chairman of Reliance Industries, became $9.98 billion richer, according to data available on Bloomberg. This increase leads a group of Indian billionaires who have added to their net worth in 2023. With a total wealth of $97.1 billion, Ambani is the richest Indian and the 13th richest person globally. His wealth, which primarily comes from Reliance Industries and Jio Financial Services, increased due to a 9 percent gain in RIL stock and the listing of Jio Financial stock after a demerger.

    Shiv Nadar, the founder of HCL Tech, is a close second, adding $9.47 billion to his wealth this year, reaching $34 billion. Despite a struggling year for the IT sector, HCL Tech's shares zoomed 41 percent this year.

    Savitri Jindal, the former Chairperson of OP Jindal Group, came in third by adding $8.93 billion. She sources her wealth from group companies such as Jindal Steel, Jindal Steel and Power, Jindal Energy. She is also the richest Indian woman with a total net worth of $24.7 billion.

    Kushal Pal Singh, who derives his wealth from real estate giant DLF, saw an increase of $7.83 billion in 2023 due to a 91 percent rise in DLF's share price. The real estate industry had a prosperous year with record pre-sales and numerous new launches. Singh's net worth now stands at $16.1 billion.

    Shapoor Mistry, who controls the engineering and construction conglomerate Shapoorji Pallonji Group, which has been in existence for 158 years, added $7.41 billion to his fortune this year. His net worth is now $35.2 billion.

    Source - Mint