In India’s vibrant economic tapestry, a myriad of industries thrives under the stewardship of visionary leaders, whose influence extends far beyond mere financial success. Among these titans of industry, a remarkable cohort of nonagenarians stands tall, embodying resilience, wisdom, and entrepreneurial acumen. Aged 89 and above, these venerable billionaires serve as living testaments to the adage that age is no impediment to innovation and achievement. With decades of experience and a lifetime of invaluable insights, they have not only amassed substantial wealth but have also played pivotal roles in shaping the trajectories of their respective sectors.
As pillars of industry, their enduring legacies serve as beacons of inspiration, reminding us that passion, determination, and unwavering commitment are timeless virtues in the ever-evolving landscape of business and commerce.
Benu Gopal Bangur – $7.2 Billion
Source of Wealth: Cement
Benu Gopal Bangur is the chairman of Shree Cement, one of India’s leading cement manufacturers. Under his leadership, Shree Cement has grown exponentially, becoming a significant player in the industry. As per Forbes, Bangur’s business acumen has played a crucial role in navigating the company through various market challenges and expanding its operations across India. His wealth saw an increase of $153 million recently, reflecting a 2.19% rise, which underscores the robust performance of his cement empire.
Lachhman Das Mittal – $3.0 Billion
Source of Wealth: Tractors
Lachhman Das Mittal, at the age of 93, is the chairman of Sonalika Group, the third-largest tractor manufacturer in India. According to the Economic Times, Mittal started his career in insurance before venturing into the agricultural machinery business in the 1990s. His company’s growth has been driven by innovation and a deep understanding of the agricultural sector. Mittal’s commitment to quality and customer satisfaction has earned Sonalika Tractors a significant market share both in India and abroad.
Kushal Pal Singh – $18.9 Billion
Source of Wealth: Real Estate
Kushal Pal Singh, at the age of 92, is the former chairman of DLF Limited, India’s largest real estate developer. Singh played a pivotal role in transforming Gurgaon, now known as Gurugram, into a bustling commercial hub. According to Forbes, his net worth surged by $1.1 billion recently, a 6.01% increase, highlighting the continuous growth of DLF under his visionary leadership. Singh’s contributions to urban development in India have been widely recognized, and his strategies have set benchmarks in the real estate sector.
Prathap Reddy – $2.9 Billion
Source of Wealth: Healthcare
Dr. Prathap Reddy, at the age of 92, is the founder and executive chairman of Apollo Hospitals, India’s largest healthcare group. As per Business Standard, Dr Reddy is a pioneer in bringing world-class healthcare to India. His vision was to make high-quality medical care accessible to millions of Indians, which he achieved by establishing a network of hospitals across the country. His wealth increased by $38 million recently, a testament to Apollo’s enduring success and expansion.
Kapil Bhatia – $1.6 Billion
Source of Wealth: Aviation
Kapil Bhatia is the founder and chairman of InterGlobe Enterprises, the parent company of IndiGo, India’s largest airline by market share. According to Livemint, Bhatia’s foresight and strategic investments have been crucial in making IndiGo a dominant player in the highly competitive aviation sector. His recent wealth increment of $8 million indicates steady growth in his aviation business despite global challenges in the industry.
Subbamma Jasti – $1.1 Billion
Source of Wealth: Pharmaceuticals
Subbamma Jasti, at the age of 91, has made her mark in the pharmaceutical industry, a sector that has seen robust growth due to increasing healthcare demands. As reported by PharmaBiz, Jasti’s company has been instrumental in producing essential medications and has significantly contributed to the global pharmaceutical supply chain. Her recent net worth increase of $23 million highlights the strong performance and importance of her pharmaceutical ventures.
Hasmukh Chudgar & Family – $7.7 Billion
Source of Wealth: Pharmaceuticals
Hasmukh Chudgar, at the age of 90, is the founder of Intas Pharmaceuticals, one of India’s top pharmaceutical companies. According to The Hindu Business Line, Chudgar has led Intas to become a global player with a strong presence in over 70 countries. His strategic vision and dedication to quality have been pivotal in the company’s success. Despite market fluctuations, Chudgar’s wealth remains substantial, reflecting Intas’s stable and growing influence in the pharmaceutical industry.
Rajju Shroff – $1.3 Billion
Source of Wealth: Agrochemicals
Rajju Shroff at the of 90, is the founder and chairman of UPL Limited, a leading agrochemical company in India. According to Financial Express, Shroff has been a trailblazer in the agrochemical sector, providing innovative solutions to enhance agricultural productivity. His recent wealth increase of $32 million underscores the continued relevance and expansion of UPL in the global market. Shroff’s commitment to sustainable agriculture has also earned him accolades and respect in the industry.
Kishore Mariwala – $3.0 Billion
Source of Wealth: Consumer Goods
Kishore Mariwala at age 89, is a significant figure in the consumer goods sector, known for his association with Marico, a leading Indian consumer goods company. As reported by Business Today, Mariwala has played a crucial role in establishing Marico as a household name, with products ranging from cooking oils to personal care items. His strategic insights and business acumen have been instrumental in Marico’s success, reflected in his recent wealth increase of $34 million.
