To share a fact with you, the 20 of the top 25 conglomerate are family-owned in India!
It is known to the world that Indians are closely bonded with their families. It is not an exception when it comes to the world of business too. There are many World Class Business Empires in India and some, why, many of them are family owned businesses.
In this post, we are about to know the Top 10 Richest and Influential Business Families of India.
- Ambani Family
The success stories of Ambanis have been well covered by Media, Movies and even case studies of academic institutions. They are the de facto family business empire of India. Whether it is Oil, electricity or cricket or NGO, Ambanis are everywhere. Several lakhs of people in India work for the business empire run by Ambani brothers. Mukesh Ambani’s house in Mumbai is a landmark.
It is not a surprise that the Ambani Family topped the Forbes List of Top 50 Richest Families of Asia in 2017.
Family members : Nita Ambani, Anant Ambani, Akash Ambani Isha Ambani, Mukesh Ambani, Tina Ambani, Anmol Ambani and Jai Anshul Ambaniw
Net worth: $44.8 B
Industry: Retail, pharmaceuticals, Logistics, Petroleum, mining, construction, Telecom and media
- Tata Family
The Tatas are a Parsi family who originally came to Mumbai from Navsari in the state of Gujarat by way of Persia. The founder of the family’s fortunes was Jamsetji Tata. The Tatas are the original founders of the Tata Sons associated with the Tata Group. The Tata family is related to many Parsi families of Bombay, such as Wadia, Mistry and Petit family by marriage.
Industry : Airlines, Automotive, Consumer goods, Chemicals, Defense & Aerospace, Electrical distribution, Engineering services, Financial services, Healthcare, Information technology, Locomotives, Real estate, Steel and Telecommunication.
Unlike Ambani’s Tata Family members are not hyper active in Media and publicity.
Net worth: $126 B
Family members: Jamsetji Tata, Dorabji Tata, Ratanji Tata, Naval Tata, R. D Tata, J. R. D. Tata, Ratan Tata, Simone Tata and Noel Tata
- Hinduja family:
Industry: Airlines, Automotive, Consumer goods, Defense & Aerospace, Electrical distribution, Engineering services, financial services, Healthcare, Locomotives, Real estate and Steel.
Their business empire is run by the four brothers Srichand, Gopichand, Prakash and Ashok Hinduja.
Net worth: $18 B
Family members: Vinoo Srichand Hinduja, Dharam Hinduja, Gopichand Hinduja, Prakash P Hinduja, Ashok P Hinduja and S. P. Hinduja
- Mittal family:
Lakshmi Mittal is a popular figure in the Industry, media and institutions. They are known to have their strategic acquisitions and super expensive weddings. The Mittals have also set up a trust for giving the society back with some benefits on the areas of sports, medicine and education.
Industry: Real estate and Steel
Net worth: $18 B
Family members: Lakshmi Mittal, Usha Mittal, Vanisha Mittal, Aditya Mittal, Vinodh mittal, shrishti Mittal and Geeta Mittal
- Mistry family:
Having very close ties with the Tata Family, Mistry Family is also a very big empire with diversified investment portfolio. Their biggest operative in India is Shapoorji Pallonji Construction company. They have investments in many of the leading properties such as hotels, electronics, textiles etc.
Industry: Infrastructure, Textiles, Real estate, Security Systems, Industrial engineering, Appliances and Power
Net worth: $16 B
Family members: Fali Mistry, Cyrus Mistry, Aloo Mistry, Laila Mistry, Shapoor Mistry, Shireen Mistry, Faroukh Mistry, Rohin Mistry and Shapoorji Pallonji Mistry
- Godrej family:
Industry: Products, Aerospace, Agriculture, Consumer goods, Home appliances, Chemicals, Construction, Electronics, Furniture, Real estate, Security solutions and Infotech
Net worth: $15.2 B
Family members: Parmeshwar Godrej, Pirojsha Adi Godrej, Nisa Godrej, Tanya Dubash, Navroze Godrej, Raika Godrej, Naval Godrej, Jai Godrej, Burjorji Godrej and Adi Godrej
- Birla family:
Industry: Products, Aerospace, Agriculture, Consumer goods, Home appliances, Chemicals, Construction, Electronics, Healthcare, Locomotives, Real estate, Retail and Steel
Net worth: $14.2 B
Family members: Shiv Narain Birla, Baldeo Das Birla, Jugal Kishore Birla, Rameshwar Das Birla, Ghanshyam Das Birla, Braj Mohan Birla, Gajanan Birla, Madhav Prasad Birla, Lakshmi Niwas Birla, Krishna Kumar Birla, Basant Kumar Birla, Ganga Prasad Birla, Ashok Vardhan Birla, Sudarshan Kumar Birla, Aditya Vikram Birla, Chandra Kant Birla, Kumar Mangalam Birla, Yashovardhan Birla, Siddharth Birla
- Adani family:
Unlike many other big business families we understand, Adani is not passed on through generations. The entire empire has been established only in this generation and continues to accelerate their wealth.
Industry: resources, logistics, agribusiness and energy sectors
Net worth: $11 B
Family members: Priti Adani, Vasant S. Adani, Rajesh Shantilal Adani, Mahasukh Adani, Vinod Adani and Gautam Adani
- Bajaj Family
Industry: Automobile, Financial Services, Home Appliances, Electrical, Iron and Steel and Insurance
Net worth: $8 B
Family members: Kamalnayan Bajaj, Savitri Bajaj, Rajiv Bajaj, Sanjiv Bajaj, Sunaina Kejriwal bajaj, Rahul Bajaj, Shekhar Bajaj, Madhur Bajaj, Niraj Bajaj, Rajiv Bajaj and Sanjiv Bajaj
- Jindal Family:
Industry: Financial Services, Electrical, Iron and Steel
Net worth: $7.5 B
Family members: Naveen Jindal, Sajjan Jindal, Ratan Jindal, Grandchildren: Parth Jindal, Venkatesh Jindal, Shraddha Jatia, Chandravati Jindal, Netram Jindal