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Forbes India Richest 2020: wealth of top billionaires increased by 39 lakh crores in 1 year

Forbes India Richest 2020: The wealth of the country’s rich continued to grow even during the era of Coronavirus epidemic.

Forbes India Richest 2020:

Even though the economy of the country reached the trough due to the coronavirus epidemic, the wealth of the country’s rich continued to grow even during this period. Talking about the top 100 wealthiest of the country, their wealth has increased by 14 percent as compared to 1 year ago. According to the value, their wealth has increased by about $ 51750 million, which is about Rs 39 lakh crore. Forbes has given this life in the list of India’s 100 Richest 2020. According to the magazine, Mukesh Ambani is also the richest Indian businessman for the 13th consecutive year.

Let us know that in the year 2020, Corona year 2020 has proved to be bad for the Indian economy. Due to the Coronavirus epidemic, there was a situation of lockdown in the whole country. Due to this, businesses remained closed for a long time, which caused a big decline in the country’s economy. Economic growth fell by 24 percent in the June quarter. Talking about the returns so far this year in the stock market, it has been flat. Coronavirus cases are approaching 70 lakhs in the country right now and in most cases it is second.

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Mukesh Ambani’s wealth increased by 73%

The wealth of the Indian rich grew this year, the highest growth in the wealth of No. 1 Amir Mukya Ambani. Mukya Ambani’s wealth has increased by 73 per cent or 373 million dollars this year. With a fortune of $ 8870 million, he has become the most wealthy businessman of India for the 13th consecutive year. This year, Jio Platform and Reliance Retail were heavily invested by global investors, leading to RIL’s share reaching a record high. The company’s market cap had also increased to 16 lakh crores. Reliance raised more than $ 2000 million fund for Digital Jio platform. While Reliance has also raised $ 500 million from retail.

Gautam Adani at number two

The wealth of Gautam Adani, head of the Adani Group, grew by 61 percent this year and his total wealth increased to $ 2520 million. Adani acquired 74 percent stake in Mumbai Airports.

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They are also included in the top 10 list

Shiv Nadar, Chairman HCL Tech
Assets: $ 2040 million

RK Damani, Founder DMart
Assets: $ 1540 million

Hinduja Brothers, Hinduja Group
Assets: $ 1280 million

Cyrus Poonawalla, Chairman Poonawala Group
Assets: $ 1150 million

Pallonji Mistry, Cherserman Shapoorji Pallonji
Assets: $ 1140 million

Uday Kotak, Chairman Kotak Mahindra Bank
Assets: $ 1130 million

Godrej Family, Godrej
Assets: $ 1100 million

Lakshmi Mittal, Chairman ArcelorMittal
Assets: $ 1030 million

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Source: www.financialexpress.com

Shehnaz is a Corporate Communications Expert by profession and writer by Passion. She has experience of many years in the same. Her educational background in Mass communication has given her a broad base from which to approach many topics. She enjoys writing about Public relations, Corporate communications, travel, entrepreneurship, insurance, and finance among others.
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