10 People Among Forbes List Of 100 Richest Indians; Mukesh Ambani Tops List

4. Pallonji Mistry

84 year-old a business tycoon Pallonji Mistry is the largest shareholder in Tata Group, which is one of the largest private conglomerates in India. He inherited this ownership from his father and of which his son Cyrus has been the chairman since 2012. Tata Group is known to operate more than 100 companies, which includes a dozen of the country’s largest businesses.

Mistry is chairman of the Shapoorji Pallonji Group, through which he owns Shapoorji Pallonji Construction Limited, Forbes Textiles and Eureka Forbes Limited. Tata's star performer is Tata Consultancy Services, which is now India's most valuable company.  Pallonji Mistry’s net worth as of now is $15.9 billion.

 5. Lakshmi Mittal

Lakshmi Mittal, Chairman and CEO of ArcelorMittal, is known to be the steel magnate of the world’s largest steelmaking company. Mittal owns 38 percent of Arcelor Mittal which is based in Luxembourg, and has its operations in mining, energy and refining, and does business in 60 countries around the world. He is also a member of the board of Directors of Goldman Sachs and of the European Aeronautic Defence and Space Company.

Mittal also has a 34 percent stake in the Queens Park Rangers soccer team which makes his net worth to be a total of $15.8 billion.