IN PICS | Falguni Nayar, Shapoor Mistry, And Others Debut On Forbes India's 100 Richest List 2022

Forbes India published India's 100 Richest List 2022 on Monday. With Falguni Nayar, Shapoor Mistry, and Rekha Jhunjhunwala, nine new faces have been added on the list this year

With Falguni Nayar, Shapoor Mistry, and Rekha Jhunjhunwala, there are nine new faces this year in the list this year.

Shapoor Mistry and his family took control of the Shapoorji Pallonji Group after death of his father Pallonji Mistry and younger brother Cyrus Mistry. With Rs 114,684.89 crore net worth, the family stands at 13th position in the Forbes list. Shapoorji Pallonji Group has an 18.4 per cent stake in Tata Sons which is their biggest asset. [Image Credit: Shapoorji Pallonji Group]

Rekha Jhunjhunwala, wife of the late Rakesh Jhunjhunwala, replaced him on India's Rich List. Her net worth is Rs 47,650.76 crore making here 30th richest Indian. This includes shares in Titan, Star Health and Allied Insurance, and Metro Brands. [Image Credit: Twitter/Narendra Modi]

Vakil Family, which runs Asian Paints, stood at 36th spot with a net worth of Rs 41,997.28 crore. Founded in 1942, the company was led by Abhay Vakil till 2021, when he passed away. Nehal Vakil and Amrita Vakil are the family representatives on the company board for now. [Image Credit: Asian Paints]

Founder of beauty retailer Nykaa Falguni Nayar also debut in the list with a net worth of Rs 32,951.71 crore. Started in 2012, Nykaa made Nayar India's richest self-made female entrepreneur. The company was listed in November 2021. [Image Credit: Nykaa]

Founder of Vedant Fashions Ravi Modi took 50th spot on the list with a net worth of Rs 30,286.5 crore. Vedant Fashions, a manufacturer of Indian ethnic wear was started in 2002. The company’s most popular brand is Manyavar.Vedant Fashions was listed in 2022. [Image Credit: Vedanta Fashions]

Founder of Solar Industries India Satyanarayan Nuwal entered the list with net worth of Rs 24,229.2 crore. Solar Group has evolved from a single site manufacturing company in 1995 to a globally recognised Industrial Explosives manufacturer today. [Image Credit: Twitter/Solar Industries India]

Nirmal Minda, chairman and MD of UNO Minda (formerly Minda Industries), entered the list with net worth of Rs 20,998.64 crore. UNO Minda makes auto components. Nirmal Minda joined the family business in 1977 and eventually separated from his brother in 1996. [Image Credit: UNO Minda]

Chairman of Metro Brands, Rafique Malik, made his debut on the list with a net worth of Rs 17,929.61 crore. Started in 1955 with one store in Mumbai, Metro Brands is now a multi-brand footwear retailer with a revenue of $177 million. The company was listed in December 2021. [Image Credit: Metro Brands]

Venu Srinivasan, chairman and MD of TVS Motor Company, with a net worth of Rs 16,152.8 crore entered the list at 98th spot. The third generation businessman is leading the third-largest two-wheeler manufacturer in India. [Image Credit: TVS Motors]