NO.1 MUKESH AMBANI
63 Chairman & MD, Reliance Industries
The Ultimate Tycoon
Because he remains India’s wealthiest and most influential businessman, ranking No. 1 in the Forbes India rich list for the 13th consecutive year, with a $88.7 billion (Rs 6.5 lakh crore) net worth, his wealth growing 73 per cent in the past year
Because his game-changing Reliance Jio, launched in September 2016, is now India’s #1 mobile telecom operator by revenue and subscribers, who numbered 398.3 million as on June 30, 2020
Because even amid Covid, he stitched mega-deals with global investors like Google, Facebook and Intel, turning RIL into a nimble, futuristic enterprise via its digital arm Jio Platforms, raising over Rs 1.5 lakh crore since May this year
Because armed with Rs 1.75 lakh crore of cash as on March 31, 2020, he is expanding businesses, launching JioMart in May in 200 cities and acquiring the retail and wholesale business of Kishore Biyani’s Future Group for Rs 24,713 crore
BUSY BEE: Ambani added Rs 90 crore per hour to his wealth since the lockdown, as per the latest Wealth Hurun India Rich List 2020
BOOKWORM: Devours books on technology and renewables, identifying green energy as a future thrust area for RIL
2. KUMAR MANGALAM BIRLA
53 Chairman, Aditya Birla Group
ROCK SOLID
This story is from the October 26, 2020 edition of India Today.
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This story is from the October 26, 2020 edition of India Today.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
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