Almost half of India billionaires' wealth held by 5 tycoons
[SINGAPORE] As India gets ready to celebrate its 68th Independence day on August 15, a list of the super wealthy in the country shows that despite the gloom about the economy, entrepreneurialism is still a key to getting rich.
Most of the people on the list represent new money rather than generational family wealth.
Five people leading the pack collectively control US$85.5 billion (S$106.8 billion) in personal wealth in India. There are 103 billionaires in a country of 1.2 billion people. Collectively, these 103 …
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
New Articles
Digital Core Reit Q1 distributable income slips 2.4% to US$10.6 million
BT subscribers can now share 5 premium articles a month with unlimited number of non-subscribers
First Reit reports 3.2% lower Q1 DPU of S$0.006 amid interest rate, forex headwinds
Vietnam holds first gold auction in 11 years to stabilise market
How Hudson Yards went from ghost town to office success story
Hot stock: Nanofilm jumps 13.1% amid heavy trading on improved Q1 results