Press release 339 individuals with 1,600 cr, up 43 from last year and 250% from first



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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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