Friday, October 16, 2009


Rahul Bajaj



Net Worth: $760 million

Age: 70
Marital Status: Married, 3 children
Hometown: Pune

Chairman of 82-year-old Bajaj Group. Son Rajiv at helm of $2 billion (sales) Bajaj Auto, country's second-largest motorcycle maker. Partnering with Renault-Nissan to make a small, low-cost car. Cousins run other group companies with interests in electrical appliances, engineering, steel.

Anand Jain



Net Worth: $810 million

Age: 51

Marital Status: Married, 2 children

Hometown: Mumbai

Mukesh Ambani's school buddy and onetime vice chairman of Reliance Capital. Shares in his Jai Corp. fell 85% in past year.


Gracias Saldanha


Net Worth: $825 million

Age: 70
Marital Status: Married, 4 children
Hometown: Mumbai

Former drug company executive started Glenmark Pharmaceuticals in 1977. Firm sells generic drugs in 95 countries. Its research labs churned out new drug candidates for osteoarthritis, diabetes and multiple sclerosis, now licensed to big pharma firms for development. Stock fell recently when Eli Lilly suspended trials of a pain molecule it was jointly developing with Glenmark.

Murali Divi


Net Worth: $870 million

Age: 57
Marital Status: Married, 2 children
Hometown: Hyderabad

Youngest of 13, trained pharmacist partnered with pharma tycoon Anji Reddy. Started his Divi's Laboratories in 1990 and later moved into making off-patent bulk drugs for big pharma companies to use in drug discovery programs. Recently started making nutraceuticals. Does yoga every day.

Micky Jagtiani


Net Worth: $2 billion

Age: 57
Marital Status: Married, 3 children
Hometown: Dubai

College dropout drove a taxi in London before moving to Bahrain and taking over his deceased family's baby products shop. Over the years his Landmark Group moved to Dubai and expanded into fashion, electronics, furniture and budget hotels in Middle East and Southeast Asia. Owns stake in Saks. Sponsors Indian charities, including orphanage in Chennai.

DILIP SHANGHVI


Net Worth:
$3.1 billion

Age: 53
Marital Status: Married, 2 children
Hometown: Mumbai

Runs Sun Pharmaceutical Industries, India's most valuable drug-maker, which he founded twenty five years ago. Got traction and a presence in Europe and the US, through 13 acquisitions in as many years. Company's 2007 bid to acquire Israel's Taro Pharmaceutical Industries, a generic drugs maker, for $454 million and assumption of debt, is stuck in court over Taro's attempt, backed by stakeholder Franklin Templeton, to reverse the deal.
Chandru Raheja


Net Worth: $1.5 billion

Age: 68
Marital Status: Married, 2 children
Hometown: Mumbai

Split from siblings in 1996 to run own privately held real estate group, K. Raheja Corp.; portfolio includes offices, malls, IT parks, hotels. Inked partnership with logistics firm ProLogis in April to build warehouses.