Published 18:25 IST, April 4th 2024

Forbes World's Billionaires List 2024: First-time Billionaires in India

Check out some of the new entrants from India into Forbes World's Billionaires List 2024.

Reported by: Business Desk
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First-time Billionaires in India | Image: Republic Business
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Forbes' prestigious World's Billionaires List for 2024 has unveiled several new names from India, showcasing entrepreneurial spirit and economic growth in country. Let's take a closer look at some of first-time billionaires who have me ir mark:

Renuka Jagtiani, Landmark Group

Renuka Jagtiani


Net Worth: $4.8 billion
Position: Chairwoman & CEO
Company: Landmark Group
Renuka Jagtiani les multinational consumer conglomerate Landmark Group, based in Dubai. With over two deces of experience, she has played a pivotal role in company's strategic expansion across new markets, overseeing a workforce of more than 50,000 employees.

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Kabir Mulchandani, FIVE Holdings

Kabir Mulchandani


Net Worth: $2 billion
Position: Founder & Chairman
Company: FIVE Holdings
Kabir Mulchandani is visionary behind Dubai-based real estate firm FIVE Holdings, renowned for its luxury party hotels and resorts. Despite facing challenges, Mulchandani's resilience and strategic vision have propelled FIVE Holdings into a position of prominence in Middle East and beyond.

Ajay Jaisinghani & Ramesh Jaisinghani, Polycab

Ajay Jaisinghani & Ramesh Jaisinghani


Net Worth (Ajay Jaisinghani): $1.6 billion
Net Worth (Ramesh Jaisinghani): $1.6 billion
Position (Ajay Jaisinghani): Whole-Time Director
Position (Ramesh Jaisinghani): Former Whole-Time Director
Company: Polycab

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Brors Ajay Jaisinghani and Ramesh Jaisinghani have garnered ir wealth through ir stake in Polycab India, a leing manufacturer of electrical wires and cables. company's expansion into various product lines and its public listing in 2019 have contributed to ir impressive net worth.

Onkar Kanwar, Apollo Tyres

Onkar Kanwar


Net Worth: $1.5 billion
Position: Chairman
Company: Apollo Tyres
Onkar Kanwar's leership at Apollo Tyres has solidified its position as a prominent player in automotive industry. With a diverse portfolio catering to cars, trucks, and farm vehicles, Apollo Tyres continues to thrive under Kanwar's stewardship.

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Anil Gupta, KEI Industries

Anil Gupta


Net Worth: $1.4 billion
Position: Chairman & Managing Director
Company: KEI Industries
Anil Gupta hes Delhi-based power cables manufacturer KEI Industries, which has earned a reputation for its high-quality products and global exports. Gupta's strategic direction has propelled KEI Industries to international recognition.

Ramesh Kunhikannan, Kaynes Technology

Ramesh Kunhikannan


Net Worth: $1.2 billion
Position: Founder & MD
Company: Kaynes Technology

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Ramesh Kunhikannan's entrepreneurial journey with Kaynes Technology showcases potential of India's electronics manufacturing sector. With a focus on innovation and quality, Kaynes Technology has emerged as a key player in supplying electronic components to global industries.

inclusion of se individuals on Forbes World's Billionaires List 2024 highlights ir significant contributions to India's economic landscape and serves as an inspiration for aspiring entrepreneurs nationwide.

16:33 IST, April 4th 2024