There are 259 billionaires in India as per the latest Hurun India Rich List, which is 38 more than the previous year.
A 62-year-old woman CEO's net worth far outpaced that of tech billionaires like Sundar Pichai and Satya Nadella in yet another list of the wealthiest Indian professional managers. Find out by reading on.
Who Are the Richest People in India?
With a net worth of Rs 8,08,700 crore, Reliance Industries chairman Mukesh Ambani has reclaimed the title of richest Indian, displacing billionaire Gautam Adani. With a net worth of Rs 4,74,800 crore, Adani, whose fortune more than halved in the previous year due mostly to Hindenburg's report that alarmed the Adani group, won the second spot on the list. Cyrus Poonawalla, Shiv Nadar, and Gopichand Hinduja came after them.
Byju Raveendran, the creator of the edtech business Byju's, left the list as a result of many investor reductions in company valuation.
What List Was The Indian CEO's Name Included In?
Professional managers with exceptional net worth were also highlighted on the Hurun India Rich List 2023. The professionals in this list are those who joined a company after it was created and contributed to its expansion. These managers received stock options, according to a Money Control study, from which they made their fortunes.
The most wealthy Indian professional manager is Jayshree Ullal. A net worth of Rs 20,800 crore belongs to the 62-year-old CEO of the American computer networking company Arista Networks. Ullal was reared in Delhi after being born in London. In 2008, she was appointed CEO of the cloud networking business Arista Networks.
Currently, the market value of her business is $60.28 billion.
Thomas Kurian of Oracle is the second-richest professional manager on the list with a net worth of Rs 15,800 crore. Kurian, a Kerala native, began his professional life with McKinsey & Company. He started working for Oracle in 1996, eventually rising to the position of president. Kurian has been the CEO of Google Cloud since 2019.