Top Gainers
The biggest gain registered was a 162% increase by Vijay Shekhar Sharma (38), the founder of Paytm. Rakesh Gangwal, “the king of blue skies”, boosted his networth to INR 15,900 Cr, supported by the post IPO performance of Indigo Airlines. Paytm was one of the first Indian investments of Alibaba last year.
Table 5: Hurun India Rich List 2016 – Biggest Gainers
|
Name
|
Wealth (INR Cr)
|
% Change
|
Company
|
Location
|
Industry
|
1
|
Vijay Shekhar Sharma
|
7,300
|
162%
|
Paytm
|
New Delhi
|
Technology
|
2
|
Rakesh Gangwal
|
15,900
|
153%
|
InterGlobe Enterprise
|
Miami
|
Transport Services
|
3
|
BR Shetty
|
11,000
|
142%
|
UAE Exchange
|
Abu Dhabi
|
Financial Services
|
4
|
Savitri Jindal & Family
|
35,000
|
123%
|
JSW Steel
|
Hisar
|
Metals & Mining
|
5
|
Yusuffali MA
|
36,600
|
109%
|
Emke
|
Abu Dhabi
|
Retailing
|
6
|
Jai Hari Dalmia & Family
|
8,400
|
109%
|
Dalmia Bharat
|
New Delhi
|
Construction Materials
|
Source: Hurun Research Institute. For more details visit www.hurun.net
All the young entrepreneurs under 40 in Hurun India Rich List 2016 are active in their respective business
-
At 61, the average age is same as that of last year; with 11 under 40
-
The youngest person on the list is Bhavish Aggarwal (30), co-founder of Olacabs
-
The oldest is Murli Kewalram Chanrai, 93, of Kewalram Chanrai
Table 6: Hurun India Rich List 2016 – Entrants under 40
No
|
Name
|
Age
|
Wealth (INR Cr)
|
City
|
Company
|
Self-Made Degree
|
Industry
|
1
|
Bhavish Aggarwal
|
30
|
3,000
|
Mumbai
|
Olacabs
|
4
|
Technology
|
2
|
Rajiv Poddar
|
31
|
4,500
|
Mumbai
|
Balkrishna
|
3
|
Automobiles & Auto Components
|
3
|
Kunal Bhal
|
32
|
2,300
|
Delhi
|
Snapdeal
|
4
|
Technology
|
4
|
Binny Bansal
|
33
|
5,400
|
Bengaluru
|
Flipkart
|
4
|
Technology
|
5
|
Nilima Motaparti
|
34
|
7,100
|
Hyderabad
|
Divis Laboratories
|
3
|
Pharmaceuticals
|
6
|
Sachin Bansal
|
35
|
5,400
|
Bengaluru
|
Flipkart
|
4
|
Technology
|
7
|
Divyank Turakhia
|
35
|
3,000
|
Mumbai
|
Directi Web Services
|
4
|
Technology
|
8
|
Bhavin Turakhia
|
36
|
3,000
|
Mumbai
|
Directi Web Services
|
4
|
Technology
|
9
|
Nishita Shah Federbush& Family
|
36
|
2,200
|
Bangkok
|
Precious Shipping
|
3
|
Transport Services
|
10
|
Vijay Shankar Sharma
|
38
|
7,300
|
Delhi
|
Paytm
|
4
|
Technology
|
11
|
Divi Satchandra Kiran
|
40
|
6,000
|
Hyderabad
|
Divis Laboratories
|
3
|
Pharmaceuticals
|
|
Source: Hurun Research Institute. For more details visit www.hurun.net
Only 4% women
Men dominate, with just 4% women occupying a place in the list. The only self-made women entrepreneur is Bengaluru-based Kiran Mazumdar-Shaw (63) of Biocon, with a networth of INR 10,800 Cr.
Savitri Jindal (66), is the richest woman with a personal fortune pegged at INR 35,000 Cr and bags the 18th position in the Hurun India Rich List 2016. Her flagship company JSW Steel, run by her sons had a good year last year, owing to backward integration; this resulted in doubling share price of JSW. She is the only politically affiliated women in Hurun India Rich List 2016. She is followed by Indu Jain (79) at INR 28, 000 Cr.
Table 7: Hurun India Rich List 2016 – Richest Women in India
|
Name
|
Wealth
|
%
Change
|
Age
|
Company
|
Location
|
Industry
|
(INR Cr)
|
1
|
Savitri Jindal & Family
|
35,000
|
123%
|
66
|
JSW Steel
|
Hisar
|
Metals & Mining
|
2
|
Indu Jain
|
28,000
|
46%
|
79
|
Bennett Coleman
|
New Delhi
|
Media
|
3
|
Smitha V Crishna
|
15,700
|
New
|
66
|
Godrej
|
Mumbai
|
Consumer Durables
|
4
|
Vinod Gupta
|
14,800
|
25%
|
71
|
Havells India
|
New Delhi
|
Consumer Durables
|
5
|
Mallika Srinivasan
|
11,700
|
23%
|
57
|
TAFE
|
Chennai
|
Automobiles & Auto Components
|
6
|
Kiran Mazumdar-Shaw
|
10,800
|
76%
|
63
|
Biocon
|
Bengaluru
|
Pharmaceuticals
|
7
|
Nilima Motaparti
|
7,100
|
New
|
34
|
Divi's Lab
|
Hyderabad
|
Pharmaceuticals
|
8
|
Anu Aga
|
7,000
|
-14%
|
74
|
Thermax
|
Pune
|
Capital Goods
|
9
|
Madhu Kapur
|
5,600
|
43%
|
59
|
Yes Bank
|
Mumbai
|
Financial Services
|
10
|
Sophie Ahmed
|
2,600
|
New
|
-
|
Cipla
|
Mumbai
|
Pharmaceuticals
|
Source: Hurun Research Institute. For more details visit www.hurun.net
The IPO millionaires
The companies of 13 individuals went public this year. 10 New IPO’s hits Indian bourses of which 7 IPOs contributed 8 members to this year list. Healthcare contributes three names to IPO millionaire’s in 2016.
Table 8: Hurun India Rich List 2016 – Latest IPO’s
|
Name
|
Wealth
|
Age
|
Company
|
Location
|
Industry
|
(INR Cr)
|
1
|
Rakesh Gangwal
|
15,900
|
63
|
Interglobe Enterprise
|
Miami
|
Transport Services
|
2
|
Samprada Singh
|
13,800
|
91
|
Alkem Laboratories
|
Mumbai
|
Pharmaceuticals
|
3
|
Rahul Bhatia*
|
13,300
|
61
|
Interglobe Enterprise
|
New Delhi
|
Transport Services
|
4
|
Arvind Lal & Family
|
5,100
|
67
|
Dr. Lal PathLabs
|
New Delhi
|
Healthcare
|
5
|
VG Siddhartha
|
4,100
|
57
|
Café Coffee Day
|
Bengaluru
|
Hotels & Restaurants
|
6
|
Kapil Bhatia
|
2,600
|
84
|
Interglobe Enterprise
|
New Delhi
|
Transport Services
|
7
|
Arokiaswamy Velumani
|
2,100
|
58
|
Thyrocare Technologies
|
Mumbai
|
Healthcare
|
8
|
Vasant Laxminarayan Rathi & Family
|
2,100
|
68
|
Advanced Enzyme Technologies
|
Yorba Linda
|
Chemicals & Petrochemicals
|
9
|
Devi Prasad Shetty
|
2,000
|
63
|
Narayana Hrudayalaya
|
Bengaluru
|
Healthcare
|
10
|
Shakuntala Shetty
|
1,900
|
-
|
Narayana Hrudayalaya
|
Bengaluru
|
Healthcare
|
11
|
Ajit Abraham Isaac
|
1,900
|
49
|
Quess Corp
|
Bengaluru
|
Other Services
|
12
|
Vishal Ajitbhai Mehta
|
1,800
|
42
|
Infibeam
|
Ahamedabad
|
Retailing
|
13
|
Kedar Ramesh Vaze & Family
|
1,700
|
42
|
SH Kelkar & Company
|
Mumbai
|
Chemicals & Petrochemicals
|
Source: Hurun Research Institute. For more details visit www.hurun.net
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