India’s economy has been growing at a good rate, especially in the last 4-5 years. A number of new entrants have joined the country’s elite list of major businessmen. Similarly, the list of Influential business tycoons in Mumbai has grown, along with the dominating personalities like Ambanis, and Birlas.
Here are the top 5 renowned business moguls from the commercial capital of India:
- Anil Dhirubhai Ambani
Born on 4 June, 1959, Anil Ambani is the chairman of Reliance Group, which is also known as ADA group. He leads a number of corporation, including Reliance Capital, Reliance Infrastructure, Reliance Power and Reliance Communications.Anil Ambani has a net worth of $2.1 billion, as per the Forbes billionaire list as on October 2018. He has been conferred with a number of awards and accolades in the last few decades. He has also received one of the prestigious awards of “Businessman of the Year 1997”.
- Mukesh Dhirubai Ambani
The Chairman and Managing Director of Reliance Industries Limited, Mukesh Ambani is the richest man of India. He is also the elder brother of Anil Ambani. Mukesh Ambani joined his father’s business after receiving a Chemical Engineer’s degree from the Institute of Chemical Technology in early 1970’s.Over the past ten years, he has consistently held the title of being India’s richest person on the Forbes magazine’s list. As on Jan 2018, he was ranked as the 18th wealthiest person in the world.
- Kumar Mangalam Birla
One of the well-known industrialist, Kumar Birla is the Chairman of Aditya Birla Group, which is one of the largest conglomerate corporations of India. He is a bachelor of commerce, MBA and CA.Kumar Birla is also the chancellor of Birla Institute of Technology and Science, and the Chairman of Indian Institute of Technology Delhi and Indian Institute of Management Ahmedabad. He has received several awards, including ‘CEO of the Year’ award in 2016.
- Sajjan Jindal
A well-known entrepreneur, Sajjan Jindal is the Chairman and Managing Director of JSW Group of companies, which is India’s largest private steel producer. According to the Forbes, Jindal family is worth $5.1 billion as of 2016.JSW group of companies is diversified into steel, mining, energy, sports, infrastructure and software business.
- Uday Kotak
Born on March 1959, Uday Kotak is the executive Vice Chairman and MD of Kotak Mahindra Bank. He has expanded his business into various areas of financial services, establishing a prominent presence in bills, discounting, stockbroking, investment banking and others. On 22 March 2003, Kotak Mahindra Finance Ltd became the first company in India’s corporate history to receive a banking license from Reserve Bank of India. Forbes estimated his wealth to be $10.6 billion in 2018.
So, this was the list of top 5 businessmen in Mumbai, who’ve made it big in the last few decades. There are many other young business magnates in the city, who are coming through the ranks. However, these 5 tycoons are topping the charts at this juncture.