L.D. Mittal

Rank: 75

Total assets: $785 million

Source of Income: Manufacture of Tractors

Lacchman sold a stake in his private company International tractors to private equity firm, Blackstone for $800 million. He joined family’s agricultural and farm equipments in 1990, before which he worked as an insurance agent. The family started manufacturing tractors in 1995. Today, the Mittal group is India’s third largest manufacturer of tractors and exports to 70 countries.

Joy Alukkas

Rank: 81

Total assets: $700 million

Source of Income: Retail

His father owned a jewellery store. He skipped his college to go abroad and set up the first overseas store owned by his family in Gulf. Later, he founded Joyallukas, a jewellery retail chain, which earned $1.3 billion in sales from 85 stores in India and Gulf. Joyallukas’ 58,000 sq. ft store in Chennai is considered world’s largest jewellery store. He is next going to open the Mall of Joy, a single store for all wedding items in January, 2013. Under company’s aviation unit, Joy Jet, operates an air charter service and helicopter service.