1/ 7 According to Forbes, Mukesh Ambani is "India's richest man" and has an estimated net worth of 22.6 billion dollars. The richest family in India consists of Mukesh, his wife Nita and their three children Akash, Isha and Anant. The Ambani residence, Antilia, is considered as the most expensive homes in the world with 60 stories, a garage big enough to park 168 cars, a theatre and so on. For her 44th birthday, Nita Ambani received an A-319 luxury jet worth $62 million from her husband. Ambani is committed to giving back to the society, and is a known socialite who works on disaster relief, education and proper human resources management. She is also the chairperson of Dhirubhari Ambani International School. Their daughter Isha Ambani is the youngest Indian billionaire and is now working as a consultant in McKinsey & Company in the US after completing her graduation at Yale University. Reliance Industries is also the owner of the franchise cricket team Mumbai Indians, through its 100% subsidiary IndiaWin Sports. Reuters The Chairman and CEO of ArcelorMittal, the world's largest steel-making company, Lakshmi Niwas Mittal is the second-richest man in India. The Indian-born tycoon is also Britain's richest private citizen, fifth-wealthiest person in the world and worth an estimated $27 billion. Mittal, married and the father of two, moved his family to London in 1995 and formed social relationships with the Labour Party and Prime Minister Tony Blair, whose friendship reportedly helped him acquire Sidex, Romania's state-owned steel company. Ever since the alleged incident, the British press has been fascinated with the Mittal family, which includes his son Aditya Mittal, who also serves as the president and chief financial officer for Mittal Steel, daughter Vanisha, whose marriage in 2004 reportedly cost $55 million and took place in France. Valued at $128 million and boasting of a swimming pool embedded with costly jewels, Mittal's family mansion at Kensington Palace Gardens, which was once owned by the founder of Reuters news agency is said to be the most expensive private residence in London. Reuters Once Asia's richest woman, Savitri Jindal's fortune has gone down by $8.3 billion since 2011, owing to continuing problems plaguing OP Jindal Group, which was built from scratch by her late husband Om Prakash Jindal, who was born to a farmer at Haryana's Nalwa village. In fact, before it became synonymous with one of the biggest scams in India's history, the Jindal group was a business conglomerate that prided itself on its humble roots. In 1997, the company was divided among Jindal's four sons- Prithviraj, Sajjan, Ratan and Naveen. Shares of Jindal Steel & Power, family's biggest asset, have been on a downward slide since youngest son, Naveen, who runs it, got charged by the Central Bureau of Investigation in a coal mining scandal in June 2013. While he denied any wrongdoing, company halted its work in August at two power plants being built in eastern India at a cost of $2 billion, following death threats from Maoist rebels. His father, along with being a business tycoon was also a successful politician, winning three terms as a member of the Haryana assembly. He never refrained from liberally tapping into his personal wealth to fund various welfare projects – also creating thousands of jobs in backward areas and building schools and hospitals. Currently Jindal's estimated net worth is $6 billion. HARYANA VIDHAN SABHA Born into a many generation-old business family, Kumar Mangalam Birla has an estimated net worth of $7.4 billion. In 1995, Kumar Birla, then 28 years old, inherited the Aditya Birla Group, a commodities conglomerate named after his late father, and turned it into a household name in various countries, including Canada, Australia, Malaysia and China. After spending his early life in Mumbai and Calcutta, Birla earned an MBA from the London School of Business and is also a Chartered Accountant. At the age of 22, he had gotten married to an 18 year old Neerja Kasliwal, a full time housewife with no business ambitions, and fathered three children. Aryaman Vikram, the heir apparent to the Aditya Birla Group, is often spotted taking part in various charitable functions, while his sister is regularly spotted flaunting designer clothes. 7 year old Advaitesha, the youngest of Birla's children is known to help her father with his philanthropy work. Reuters Younger son to Dhirubhai Ambani and Kokilaben, and the younger brother to Mukesh Ambani, Anil Ambani is a highly educated billionaire, who has an MBA from The Wharton School, University of Pennsylvania. Anil Ambani was said to be embroiled in a dispute with his brother, Mukesh Ambani, over the supply of gas which led to the split of the Reliance Group in 2005, after which Anil Ambani founded the "Anil Dhirubhai Ambani Group". Ambani, whose net worth is approximately $6.6 billion, is the Chairman of Reliance Communications, Reliance Capital, Reliance Energy, and Reliance Natural Resources Limited. Ambani is married to Bollywood actress Tina Munim, who is also the Managing Director of Reliance Industries. Ambani has two sons, Jai Anmol and Anshul. Ambani's elder son Jai Anmol had joined Reliance Capital in July and is expected to play a larger role in the company in a couple of years, while younger brother Anshul is pursuing higher studies in the US. Having found a common ground, he and big brother Mukesh jointly hosted their mother Kokilaben's 80th birthday bash in February in Mumbai. Reuters Adi Godrej, married to Parmeshwar Godrej, is the head of a family that controls the Godrej Group established in 1897. The Godrej Group portfolio covers everything from mosquito repellents and hair dyes to refrigerators. With an estimated net worth of $3.9 billion, the group's biggest business in a decade is the listed real estate arm Godrej Properties, run by son Pirojsha. Godrej Consumer Products, which has seen a decrement in growth of late, has recently set up an innovation team spearheaded by youngest daughter and Harvard graduate Nisaba Godrej, to build a portfolio of new products. The eldest daughter of the Gadrej family, Tanya, is the Executive Director and President, (Marketing) of the Godrej Industries Ltd. Reuters Two years after retiring and becoming chairman emeritus of Infosys, N. R. Narayana Murthy joined back as executive chairman in June 2013, intent on restoring the $7.3 billion (revenues) company to its old glory. Son Rohan, who has a Ph.D. in computer science from Harvard, is also helping his father as an executive assistant, though the move to bring his son along has drawn much criticism, especially because Murthy has always held that no family member of a founder can ever come to work at Infosys. Regarded as the father of Indian information technology, he proved that Indian companies could compete with the best in the world. Murthy started Infosys in 1981 with six fellow software engineers from Patni Computer Systems in Pune, with his wife Sudha Murthy, also a computer engineer and at the time the better paid of the two, providing the initial capital of about $1,150. Today, with nearly 800 customers in 30 countries, Infosys derives 85 percent of its revenue from North America and Europe. Murthy, whose fortune is estimated to be around $1.8 billion, holds a revered place among India's entrepreneurs, while his wife is a renowned engineer, social worker and an accomplished author. The couple are parents to two children, Rohan and Akshata. Rohan is engaged to Lakshmi Venu, daughter of Venu Srinivasan of TVS motors, and his daughter Akshata is married to Rishi Sunak. Reuters
India is home to 103
billionaires, but which are the richest families in India? Who are India's richest siblings?
When it comes to wealth, everyone wants to know who is at the very top. Even though millions strive to become wealthy, a small fraction of them are actually able to work hard enough to reach their goal. There are also those, who have been able to become rich simply by virtue of being born into a
Here is a list of the richest, tier I families in India who have built their own dynasties of wealth and passed it down for multiple generations.