64
JAI HARI & YADU HARI DALMIA
$2.45 BILLION S
DALMIA BHARAT AGES: 73, 70
65
SUNNY VARKEY
$2.4 BILLION S
GEMS EDUCATION AGE: 60
66
MURUGAPPA FAMILY
$2.38 BILLION S
MURUGAPPA GROUP
67
RAJENDRA AGARWAL
$2.3 BILLION S
MACLEODS PHARMACEUTICALS
AGE: 58
68
HARSH GOENKA
$2.28 BILLION S
RPG GROUP AGE: 59
69
SUNIL VASWANI
$2.25 BILLION S
STALLION GROUP AGE: 54
70
JITENDRA VIRWANI
$2.2 BILLION S
EMBASSY PROPERTY DEVELOPMENT
AGE: 51
71
LEENA TEWARI
$2.19 BILLION S
USV INDIA AGE: 60
72
KIRAN MAZUMDAR-SHAW
$2.16 BILLION S
BIOCON AGE: 64
73
SANJIV GOENKA
$2 BILLION S
RP-SANJIV GOENKA GROUP AGE: 56
74
LACHHMAN DAS MITTAL
$1.98 BILLION S
SONALIKA GROUP AGE: 86
75
MURLI DHAR &
BIMAL GYANCHANDANI
$1.96 BILLION 3
RSPLTHE LIST
SUP MORE THAN 10% TDOWN MORE THAN 10%
ÌNEW TO LIST 3 RETURNEEPRADEEP GAUR/MINT VIA GETTY IMAGES (TOP)
CYRUS MISTRY: EXIT PANGS
The shocking ouster of construction billionaire Pallonji Mistry’s younger son as chairman of the Tata conglomerate and from
the boards of various Tata companies in 2016, over differences with retired patriarch Ratan Tata, made headlines and sparked
a legal feud. The Tata Group went on to order that all business ties with Mistry’s 152-year-old Shapoorji Pallonji Group be
terminated. The Mistry family, whose biggest asset is an 18.4% stake in holding outfit Tata Sons, also opposed the move
by Tata Sons to convert itself into a private company after being public, arguing that it would be detrimental to minority
shareholders. Cyrus meanwhile has returned to the family group, where his older sibling Shapoor runs the show.ANIL AGARWAL:
MINING MAVERICK
Metals and mining tycoon, who controls
London-listed Vedanta Resources, saw his
wealth rise on a metal revival that sent the
company’s shares surging in the past year. In
March, he bought a 12% stake in London-listed
miner Anglo-American for $2.4 billion through
his family trust. Recently he announced plans
to buy more shares worth $2 billion to increase
his stake to 20% but said he had no intention of
making a takeover offer for the company.