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Top 10 Richest Families In India 2020

| Published on May 20, 2020

India has witnessed an increase in the number of billionaires in the last couple of years. Many industrialists have reported a drastic jump in their wealth.

With that, we bring you a list of 10 wealthiest families in India.

10. Wadia Family

Nusli Wadia’s sons Ness and Jehangir sit on the board of popular food company Britannia Industries. Other companies controlled by this family are Bombay Dyeing and budget airline GoAir.

Family’s Total Estimated Wealth: Rs 44,900 crores

9. Bangur Family

Hailing from Rajasthan, the Bangur family owns Shree Cement, one of India’s most efficient cement producers.

Family’s Total Estimated Wealth: Rs 51,000 crores

8. Lohia Family

Lohia family owns petrochemicals powerhouse Indorama, which is the world’s largest manufacturer of resins used in plastic bottles, polyester, and synthetic rubber.

Family’s Total Wealth: Rs 58,800 crores

7. Bajaj Family

Richest Families

The Bajaj Group is an Indian multinational conglomerate company founded by Jamnalal Bajaj in Mumbai in 1926. Bajaj Group is one of the oldest and largest conglomerates based in Mumbai, Maharashtra.

Family’s Estimated Total Wealth: Rs. 63,000 Crores

6. Burman Family

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Dabur is an Indian consumer goods company founded in 1884 by S. K. Burman. It manufactures Ayurvedic medicine and natural consumer products.

Family’s Estimated Total Wealth: Rs. 68,000 Crores

5. Damani Family

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Avenue Supermarts Ltd., doing business as DMart, is an Indian chain of hypermarkets in India founded by Radhakishan Damani in the year 2002, with its first branch in Powai’s Hiranandani Gardens.

Family’s Estimated Total Wealth: Rs. 78,000 Crores

4. Adani Family

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The Adani Group is an Indian multinational conglomerate, headquartered in Ahmedabad, Gujarat. It was founded by Gautam Adani in 1988 as a commodity trading business, with the flagship company Adani Enterprises Limited. Gautam Adani is the chairman.

Family’s Estimated Total Wealth: Rs 1.20 lakh crore

3. Godrej

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The Godrej Family Group is an Indian conglomerate headquartered in Mumbai, Maharashtra, India, managed and largely owned by the Godrej family.

Family’s Total Wealth: Rs 1.57 lakh crore

2. Hinduja Family

hinduja: Hinduja family tops Asian Rich List with £25.2 bn; LN ...

The Hinduja Group is an Indian conglomerate company based in Mumbai, India. The company is involved in a wide range of activities including foundries, import-export, trading, motor vehicles, banking, call centers, and healthcare.

Family’s Estimated Total Wealth: Rs. 1.86 lakh crore

1. Ambani Family

Watch: The Ambani Family Enters In A Grand Style At Akash Ambani's ...

Reliance Industries Limited is an Indian multinational conglomerate company headquartered in Mumbai, Maharashtra. Reliance owns businesses across India engaged in energy, petrochemicals, textiles, natural resources, retail, and telecommunications.

Mukesh Ambani is an Indian billionaire business magnate, and the chairman, managing director, and largest shareholder of Reliance Industries Ltd., a Fortune Global 500 company and India’s most valuable company by market value. As of April 2020, Mukesh Ambani is the richest man in Asia.

Family’s Estimated Total Wealth: Rs 3.80 lakh crore

Also Read: Forbes Releases List Of India’s Richest Billionaires List 2020

Source: BusinessInsider

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