8,281.10-379.15
Stock Analysis, IPO, Mutual Funds, Bonds & More

Mukesh Ambani retains world's richest Indian tag, Uday Kotak becomes wealthiest self-made banker

According to the Hurun report, only 3 Indians are ahead of Kotak in the top 100 list.

, ET Bureau|
Last Updated: Feb 27, 2020, 12.13 PM IST
0Comments
While Mukesh Ambani's net worth was pinned at $67 bn, Uday Kotak's worth was pegged at $15 bn.
While Mukesh Ambani's net worth was pinned at $67 bn, Uday Kotak's worth was pegged at $15 bn.
Banker Uday Kotak is a much feted man, and most certainly no stranger to rich lists. Even then this is a special occasion. According to a recent global rich list, Kotak is now the world’s richest self-made banker. The Indian billionaire banker is the executive vice chairman and managing director of Kotak Mahindra Bank.

According to the Hurun Global Rich List for 2020, “With a net worth of Rs 1,04,300 crore ($15 bn), Kotak has stormed into global 100 making him the richest self-made banker in the world.” The Kotak Mahindra Bank chairman holds the 91st rank in the list.

​Gautam Adani (R) and Shiv Nadar (L) (and family) tie with around $17 billion as net worth, each. ​
Gautam Adani (R) and Shiv Nadar (L) (and family) tie with around $17 billion as net worth, each.

Only three Indians are ahead of Kotak in the top 100 list. India’s richest man, Mukesh Ambani, is also the richest Indian globally. He holds the 9th rank with a net worth of $67 billion according to the report. Gautam Adani and Shiv Nadar (and family) tie in at the 68th rank, each with around $17 billion as net worth.

According to this rich list, the world added 480 billionaires last year, of which 34 are Indian. As for the geographical spread of billionaires in the country, Mumbai is home to 50 of them, Delhi to 30 and Bengaluru to 7.

Richest Indian CEOs: These Bosses Beat Google Head Pichai, Nadella; 2 Woman Among Top 10

of 11
Next
Prev
Play Slideshow

Born Rich

10 Oct, 2019
Famous last names are a constant feature on rich lists. But in this age of the superstar CEO, even non-promoter names can be spotted on the list of the wealthiest. The IIFL Wealth Hurun India Rich List 2019 has compiled the names of the ‘richest non-promoter Indians.’In this top 10 list, only one name totes resident Indian tag. The other nine are CEOs of Indian-origin, heading companies in the US.
Next

Also Read

In finance, the fittest and best governed will survive: Uday Kotak

Uday Kotak feels bankers need humility to make it big

Consolidating environment presents growth opportunities for Kotak Mahindra Bank: Uday Kotak

IL&FS 'test case' for group resolution: Uday Kotak

Indian business is going through cleansing and purging: Uday Kotak

Comments
Add Your Comments
Commenting feature is disabled in your country/region.

Popular Categories


Other useful Links


Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service