TOP 5th RICHEST PERSON IN INDIA

• Mukesh Ambani chairs and runs $60 billion (revenues) oil and gas giant Reliance Industries, among India's most valuable companies.
• Reliance was founded by his late father Dhirubhai Ambani, a yarn trader, in 1966 as a small textile manufacturer.
• After his father's death in 2002, Ambani and his younger sibling Anil divvied up the family empire.
• In 2016, Reliance sparked a price war in India's hyper-competitive telecom market with the launch of 4G phone service Jio.
• Jio has signed on 215 million customers by offering free domestic voice calls, dirt-cheap data services and virtually free smartphones.

• Indian tech magnate Azim Premji's $8.4 billion (revenue) Wipro is India's third-largest outsourcer.
• Premji gave up studies at Stanford University to look after the family's cooking oil business in 1966 when his father died and expanded into software.
• Wipro has an innovation centre in Silicon Valley, which is focused on developing new technologies and collaborating with startups.
• Premji's son Rishad, who heads strategy and sits on the board, also chairs industry lobby group NASSCOM.
• In September 2018, Wipro won a landmark $1.6 billion, 10-year contract from Alight Solutions of Illinois.

• Lakshmi Mittal serves as chairman and CEO of ArcelorMittal, the world's biggest steelmaker.
• Hailing from a steel clan, he separated from his siblings to start Mittal Steel then went on to merge the company with France's Arcelor in 2006.
• Benefiting from the steel recovery, the company reported a surge in net profit to $4.6 billion in 2017 on revenue of $68.7 billion.
• ArcelorMittal, along with Italian steel firm Marcegaglia, acquired Italy's loss making steel group Ilva for $2.1 billion in June 2017.
• ArcelorMittal is in a bidding race with steel baron Sajjan Jindal, among others, for siblings Shashi and Ravi Ruia's debt-strapped Essar Steel.

• Four close-knit siblings, Srichand, Gopichand, Prakash and Ashok, control multinational conglomerate the Hinduja Group.
• Their group's businesses range from trucks and lubricants to banking and cable television.
• The brothers own valuable real estate in London, including their home Carlton House Terrace and the historic Old War Office building in Whitehall.
• Srichand and Gopichand live in London and Prakash resides in Geneva while the youngest sibling Ashok oversees their Indian interests from Mumbai.

• Reclusive tycoon Pallonji Mistry controls Mumbai-headquartered engineering and construction giant, 153-year-old Shapoorji Pallonji Group.
• The family's biggest asset is an 18.4% stake in Tata Sons, holding outfit of the $100 billion (revenue) Tata Group, a conglomerate of 100 companies.
• The S.P. Group, run by Mistry's older son Shapoor, also owns Eureka Forbes, the country's leading brand of water purifiers.
• Mistry's younger son Cyrus is embroiled in a legal battle with the Tata Group after he was suddenly ousted as chairman of Tata Sons in October 2016.