Forbes India — November 17, 2017

patel: prasad Gori

december 29, 2017 forbes india | 27

26

AjAy PirAMAL

$5.2 BILLION 

PIRAMAL ENTERPRISES

AGE: 62

27

MA yusuff ALi

$5 BILLION 

LULU GROUP AGE: 61

28

MAdhukAr PArekh

$4.75 BILLION 

PIDILITE INDUSTRIES

AGE: 71

29

kALAnithi MArAn

$4.55 BILLION 

SUN TV NETWORK AGE: 52

30

PAWAn MunjAL

$4.5 BILLION 

HERO MOTOCORP AGE: 63

31

kAPiL & rAhuL bhAtiA

$4.4 BILLION 

INTERGLOBE AVIATION

AGEs: 85, 57

32

MiCky jAGtiAni

$4.3 BILLION

LANDMARK GROUP AGE: 66

33

hArsh MAriWALA

$4.2 BILLION 

MARICO AGE: 66

34

br shetty

$3.9 BILLION 

NMC HEALTH AGE: 75

35

rAvi PiLLAi

$3.8 BILLION 

RP GROUP AGE: 64

36

MAnGAL PrAbhAt LodhA

$3.75 BILLION 

LODHA GROUP AGE: 61

37

kuLdiP & GurbAChAn

sinGh dhinGrA

$3.7 BILLION

BERGER PAINTS INDIA

AGEs: 70, 67

shArviL PAteL, 38
MANAGING DIRECTOR,
CADILA HEALTHCARE
PHD, UNIVERSITY
OF SUNDERLAND
Third-generation scion of
pharma clan was named
managing director of the $1.5
billion (revenue) generic drugs
maker Cadila Healthcare in July.
Appointment capped a two-
decade stint under dad Pankaj
Patel’s (No 22) tutelage. Sharvil
plans to sharpen Cadila’s focus on
India and emerging markets.

shAfeenA & shifA yusuff ALi, 32, 29

FOUNDER AND CEO, TABLEZ FOOD CO;

FOUNDER, ORANGE WHEELS

Daughters of Middle East retailer MA yusuff Ali (No 27) set up and run their own

separate businesses. Shafeena has a food empire across the Middle East and India

with franchises for Famous Dave’s, Peppermill, Sugar Factory, Coldstone Creamery

and Galito’s. The London-educated finance major plans to invest $50 million over

the next five years in India. Shifa, the younger sister, runs a children’s entertainment

centre, complete with climbing walls, an arts-and-crafts section, a hair salon and a

cafe, at Abu Dhabi’s Al Wahda Mall. She has earmarked $18 million to open six more

children’s centres across the UAE.

—AR

(See more ‘Next Gen’ stories on pages 141, 146)

AnAnd PirAMAL, 32
FOUNDER, PIRAMAL REALTY
MBA, HARVARD BUSINESS
SCHOOL
Secured a board seat at dad
Ajay Piramal’s health care
and financial services flagship,
Piramal Enterprises, in May,
joining his sister nandini. He
founded Piramal Realty in 2012
and raised $434 million
in private equity investments
in 2015 from Goldman Sachs
and Warburg Pincus for his
property arm.

Stepping Out

These five heiresses have minds of their own and are

charting a different course from their families

the list

UP MORE THAN 10% DOWN MORE THAN 10%

NEW TO LIST RETURNEE

siMrAn LAL, 46

CEO, GOOD EARTH, AND CO-FOUNDER, NICOBAR

Two-wheeler tycoon vikram Lal’s (No 17) daughter runs

the $23 million (revenues) Good Earth, a chain of luxury

home and apparel stores founded by her mother, Anita,

in 1996. A graduate of New York’s Fashion Institute of

Technology, last year, Simran co-founded Nicobar, a

clothing and accessories label, and it already has six stores.

vAsudhA MunjAL, 36

FOUNDER, CHOkO LA

The eldest daughter of motorcycle magnate Pawan Munjal

(No 30) makes and sells premium chocolates under the

brand name Choko La. It’s a Mayan term meaning “to

drink chocolate together”. She started it in 2005 and sells

through eight boutiques in Delhi as well as duty-free stores

at Indian airports.

AnAnyA birLA, 23

FOUNDER, SvATANTRA MICROFINANCE

AND CUROCARTE

kumar birla’s (No 8) daughter started microfinance firm

Svatantra (“freedom” in Sanskrit), which focuses on rural

women entrepreneurs, when she was just 17. It has backed

300,000 women so far. Her latest venture is CuroCarte, an

online retailer of handmade luxury products. An undergrad

from Oxford University, Birla released her first song, ‘Livin’

the Life’, in November.