Emerging Wealth Creators
₹500–1,000
₹500–1,000
₹500–1,000
₹500–1,000
Cr
This is the next wave of India’s Rising Wealth Creators with a personal net worth between ₹500–1,000 crore. They include digital disruptors, manufacturing moguls, and new-age family businesses driving the next phase of growth. Whether self-made or legacy-driven, these individuals are poised to shape the future of India’s economic story.
#27
Sanjeev Vadilal Shah
Everest Food Products Private Limited
₹967 Cr
$116 Mn
Mumbai
Food Products & FMCG
#67
Sanjay Mansukhlal Rajani
DOMS Industries Limited
₹926 Cr
$111 Mn
Mumbai
Commercial Services & Supplies
#202
Rajesh Kumar Aggarwal
Century Plyboards (India) Limited
₹788 Cr
$94 Mn
Kolkata
Construction Materials
#273
Rameshchandra Mansukhani
Man Industries (India) Limited
₹729 Cr
$87 Mn
Mumbai
Machinery & Engineering
#287
Darshini Vikram Shah
Shalby Ltd
₹718 Cr
$86 Mn
Ahmedabad
Health Care Providers, Equipments & Services
#345
Vijay Baburao Shirke
BG Shirke Construction Technology
₹679 Cr
$81 Mn
Pune
Construction & Engineering
#369
Arun Kumar Poddar
Choice International Limited
₹663 Cr
$79 Mn
Mumbai
Diversified - Financial Services
#373
Shobitha Annie Mani
Star Health and Allied Insurance Company Limited
₹661 Cr
$79 Mn
Chennai
Insurance
#391
Kunjbihari Jugalkishor Shah
ZODIAC ENERGY LIMITED
₹650 Cr
$78 Mn
Ahmedabad
Construction & Engineering
#431
Parul S Mehta
Deepak Fertilizers and Petrochemicals Corporation Limited
₹629 Cr
$75 Mn
Pune
Chemicals
#435
Ricky Ishwardas Kirpalani
Kama Holdings Ltd.
₹624 Cr
$75 Mn
Unspecified
Non Banking Financial Company
Disclaimer
Company and industry mentioned for each individual indicate the majority wealth creator for that individual
Resident locations have been identified and collated based on a best-effort basis through publicly available information
For listed entities, share-holding pattern and market capitalisation as of June 2024 are considered
For unlisted entities, share-holding pattern and book value as of March 2024 and transaction data as of December 2024 are considered
The net-worth has been rounded off 1 USD = INR 83.45 (as of June 2024)
Based on shareholding data (June 2024 for listed and March 2024 for unlisted entities), this list includes deceased individuals prefixed with “Late”. Wealth is attributed to these names, as no updated shareholding data is available as of December 2024.
India's
POWER 50
Business Groups Behind the Nation’s Growth
Across generations, certain families have not only built empires but also shaped India's economic legacy. This list honours their enduring leadership, entrepreneurial spirit, and multi-generational impact on Indian enterprise.
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Leading Wealth Creators
₹1,000
Cr+
Meet India’s Wealth Leaders—visionaries who have crossed the ₹1,000 crore mark in personal net worth. This elite group includes first-generation entrepreneurs who’ve built empires from scratch, as well as legacy business family owners who’ve scaled their enterprises across generations. Together, they represent the evolving face of Indian enterprise: innovative, future-focused, and putting India firmly on the global map.
View full list