Rajasthan, known for its majestic palaces and vibrant culture, is also home to some of India’s most affluent individuals. The state’s economy is bolstered by its rich natural resources, tourism, and a growing industrial sector. Here, are the top 10 richest persons in Rajasthan and their estimated net worth.
1. Kumar Mangalam Birla
- Net Worth: $16 Billion (Approx.)
- Source of Wealth: Aditya Birla Group
- Industry: Diversified (Textiles, Cement, Aluminum, Telecommunications)
- Background: Kumar Mangalam Birla, the chairman of the Aditya Birla Group, has played a pivotal role in transforming the company into a global conglomerate. The Birla family’s roots trace back to Pilani, Rajasthan, making them one of the wealthiest and most influential families in the state.
2. Lakshmi Niwas Mittal
- Net Worth: $18 Billion (Approx.)
- Source of Wealth: ArcelorMittal
- Industry: Steel
- Background: Lakshmi Mittal, the chairman and CEO of ArcelorMittal, the world’s largest steel-making company, hails from Rajasthan. His strategic acquisitions and leadership have placed him among the world’s richest individuals.
3. Shashi and Ravi Ruia
- Net Worth: $13 Billion (Approx.)
- Source of Wealth: Essar Group
- Industry: Energy, Infrastructure, Steel
- Background: The Ruia brothers, Shashi and Ravi, are the founders of the Essar Group, a diversified conglomerate with interests in steel, energy, and infrastructure. Their business empire, built over decades, has made them among the wealthiest in Rajasthan.
4. Gautam Singhania
- Net Worth: $1.4 Billion (Approx.)
- Source of Wealth: Raymond Group
- Industry: Textiles, Apparel
- Background: Gautam Singhania, the chairman of Raymond Group, hails from Rajasthan. Under his leadership, Raymond has become a household name in India, known for its high-quality fabrics and apparel.
5. Harsh Goenka
- Net Worth: $1.2 Billion (Approx.)
- Source of Wealth: RPG Group
- Industry: Diversified (Power, Technology, Retail)
- Background: Harsh Goenka, chairman of the RPG Group, leads a diversified business empire with interests in power, technology, and retail. The Goenka family’s influence and wealth have deep roots in Rajasthan.
6. Ajay Piramal
- Net Worth: $5 Billion (Approx.)
- Source of Wealth: Piramal Group
- Industry: Pharmaceuticals, Financial Services
- Background: Ajay Piramal, chairman of the Piramal Group, has diversified the company’s interests into pharmaceuticals, financial services, and real estate. His visionary leadership has significantly contributed to his wealth and standing in Rajasthan.
7. Braj Binani
- Net Worth: $1 Billion (Approx.)
- Source of Wealth: Binani Industries
- Industry: Cement, Infrastructure
- Background: Braj Binani, chairman of Binani Industries, has been instrumental in growing the company’s presence in the cement and infrastructure sectors. His strategic expansions have solidified his position as one of Rajasthan’s richest individuals.
8. Sanjay Singhania
- Net Worth: $950 Million (Approx.)
- Source of Wealth: Sintex Group
- Industry: Plastics, Textiles
- Background: Sanjay Singhania, associated with the Sintex Group, has made significant contributions to the plastics and textiles industry. His business acumen has earned him a spot among the wealthiest in Rajasthan.
9. Arvind Poddar
- Net Worth: $850 Million (Approx.)
- Source of Wealth: Balkrishna Industries
- Industry: Tyres
- Background: Arvind Poddar, managing director of Balkrishna Industries, is known for his leadership in the tyre manufacturing industry. The company is a leading exporter of off-highway tyres, making him one of Rajasthan’s top businessmen.
10. Mahendra Mohan Gupta
- Net Worth: $800 Million (Approx.)
- Source of Wealth: Jagran Prakashan
- Industry: Media and Publishing
- Background: Mahendra Mohan Gupta, chairman of Jagran Prakashan, has been a significant player in the Indian media industry. The family’s influence in print media has made them one of the wealthiest in Rajasthan.
Conclusion
Rajasthan’s wealthiest individuals have diverse business interests, ranging from traditional industries like textiles and cement to modern sectors like pharmaceuticals and IT. Their entrepreneurial spirit and leadership have not only made them affluent but also contributed significantly to the state’s economic development.
Related:
Top 10 Richest Persons in Karnataka
Top 10 Richest Persons in Chhattisgarh
Top 10 richest person in Kerala
Top 10 richest person in Maharastra
Top 10 richest person in Bihar
Top 10 richest person in Kolkata
Top 10 richest person in Assam
FAQs
Q1: Who is the richest person in Rajasthan?
Lakshmi Niwas Mittal, with a net worth of approximately $18 billion, is the richest person in Rajasthan.
Q2: Which industry contributes the most to the wealth of Rajasthan’s richest individuals?
The steel and diversified conglomerate industries are major contributors to the wealth of Rajasthan’s richest individuals, with prominent figures like Lakshmi Mittal and Kumar Mangalam Birla leading the charge.
Q3: Are there any notable families among the richest in Rajasthan?
Yes, the Birla, Mittal, and Goenka families are among the most notable and wealthiest families in Rajasthan. Their influence spans across multiple industries and generations.
Hello, my name is William Baker and I am a seasoned business strategist with over a decade of experience driving growth and profitability for organizations across diverse industries. I have in-depth knowledge of market analysis, financial modeling, and operational efficiency. I am passionate about helping businesses overcome challenges, seize opportunities, and achieve sustained success.
