Forbes India — November 17, 2017

(Ben Green) #1
1
Mukesh AMbAni
$38 BILLION 
RELIANCE INDUSTRIES
AGE: 60
2
AziM PreMji
$19 BILLION 
WIPRO AGE: 72
3
hindujA brothers
$18.4 BILLION 
ASHOK LEYLAND
AGEs: 81, 76, 71, 66
4
LAkshMi MittAL
$16.5 BILLION 
ARCELORMITTAL AGE: 67
5
PALLonji Mistry
$16 BILLION 
SHAPOORJI PALLONJI GROUP
AGE: 88
6
Godrej fAMiLy
$14.2 BILLION 
GODREJ GROUP
7
shiv nAdAr
$13.6 BILLION 
HCL TECHNOLOGIES AGE: 72
8
kuMAr birLA
$12.6 BILLION 
ADITYA BIRLA GROUP
AGE: 50
9
diLiP shAnGhvi
$12.1 BILLION 
SUN PHARMACEUTICAL
INDUSTRIES AGE: 61
10
GAutAM AdAni
$11 BILLION 
ADANI PORTS & SEZ AGE: 55
11
udAy kotAk
$10.5 BILLION 
KOTAK MAHINDRA BANK
AGE: 58
12
rAdhAkishAn dAMAni
$9.3 BILLION 
AVENUE SUPERMARTS
AGE: 62
UP MORE THAN 10% DOWN MORE THAN 10%
NEW TO LIST RETURNEE

Motorcycle tycoon Rahul Bajaj’s nephew makes his debut
after the October 2016 listing of his auto-parts maker,
endurance technologies, which has seen its shares more
than double since the IPO. Jain founded the company in
Aurangabad in Maharashtra in 1985 to supply aluminium
castings to his uncle’s Bajaj Auto, but it now gets two-


thirds of its $867 million annual revenue from other
customers. Endurance has made inroads into Europe,
with eight factories in Italy and Germany. Jain’s twin,
Tarang, also a billionaire, runs his separate auto-parts firm,
privately held Varroc Group, also out of Aurangabad. Their
father, Naresh Jain, is chairman at both companies.

AnurAnG jAin: tWin suCCess


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