Ahmedabad, which beats as the heart of Gujarat, is not only famous for being the historical and cultural capital of India but also for being a center for some of India’s richest people. One of the major booming industries such as pharmaceuticals, construction, textiles, or finance has bred global titans among many.
Interested in knowing who is the richest person in Ahmedabad or the cities that built their fortunes?
Let’s take a look and explore the top 9 richest persons in Ahmedabad, what their businesses are, their net worth in Indian rupees, and how they lead their opulent lives.
Top 9 Richest Person in Ahmedabad
Coming in is a full exploration of all the movers and shakers of Ahmedabad ranked on their stature and net worth. And also, their contributions to the city’s economy.
#9. Achal Bakeri
- Net Worth (Rupees): ₹8,651 Crores
- Business: Symphony Limited (Air Coolers)
The Symphony product from Achal Bakeri has redefined the air-cooling business by providing green solutions. Such a simple man, despite making it big, Bakeri spends his fortune mostly on traveling and community projects.
Disclaimer: All net worth figures mentioned have been sourced from Forbes.
#8. Rajiv Modi
- Net Worth (Rupees): ₹15578 Crores
- Business: Cadila Pharmaceuticals
A key player in the pharmaceutical landscape of India, Rajiv Modi presides over the visionary company that goes by the name of Cadila Pharmaceuticals. A true visionary businessman whose pursuits of success in the business get him some indulgence, from private estates to exclusive events.
#7. Bhadresh Shah
- Net Worth (Rupees): ₹21,636 Crores
- Business: AIA Engineering (Industrial Castings)
Bhadresh Shah’s company, aka the AIA Engineering, is the world’s largest in high chromium grinding media. From modern factories to his own fine-elegant taste, Shah combines both innovation and sophistication.
#6. Sandeep Engineer
- Net Worth (Rupees): ₹21,636 Crores
- Business: Astral Pipes (Plumbing Solutions)
Sandeep Engineer has transformed Astral Pipes into a household name. His genius in spotting market gaps has made him one among the richest in the city of Ahmedabad. This man leads a simple but elegant life.
#5. Karsanbhai Patel
- Net Worth (Rupees): ₹44,124 Crores
- Business: Nirma Group (Detergents, Chemicals, Cement)
Karsanbhai Patel has made his iconic Nirma brand into a multi-billion dollar progressive conglomerate from start. Today, his company started as a homemade detergent business and is now multi-billion-dollar. Further, his philanthropic act in education and healthcare earns him respect as one of the most respected figures in Ahmedabad.
#4. Hasmukh Chudgar & Family
- Net Worth (Rupees): ₹70,931 Crores
- Business: Intas Pharmaceuticals
Hasmukh Chudgar founded Intas, today one of India’s leading pharmaceutical companies. This family-run business has today become an extremely important player on the global front, with considerable contributions to the economy of the city.
#3. Pankaj Patel
- Net Worth (Rupees): ₹73,555 Crores
- Business: Zydus Cadila (Pharmaceuticals)
Pankaj Patel is president of Zydus Cadila, which is arguably one of the largest pharmaceutical companies in India pioneering healthcare business. He is one of the unrivaled contributions in research and innovation, and he lives a lavish life with luxurious properties in diverse locations across the globe.
#2. Sudhir Mehta & Samir Mehta
- Net Worth (Rupees): ₹1,41,077 Crores
- Business: Torrent Group (Pharmaceuticals, Power)
The Mehta brothers, co-owners of the Torrent Group, are redefining the pharmaceutical and energy industries. Their life is indeed filled with luxury, with high-end cars, plush homes, and a prodigious appetite for fine art collections.
#1. Gautam Adani
- Net Worth (Rupees): ₹11.6 Lakh Crores
- Business: Adani Group (Ports, Energy, Infrastructure)
- Without a doubt, Gautam Adani is completely the richest person in Ahmedabad, and he is also a global business tycoon. The Adani Group, based in Ahmedabad, functions variously in renewables, logistics, and mining. Known for his ambitious adventures, he owns private jets, luxury yachts, and sprawling estates scattered across the world.
List of Ahmedabad’s Richest People (Networth of Over 1000 Crores)
Ahmedabad’s Wealthy Lifestyle
The Ahmedabad richest people are known for their extravagant lifestyles, such as:
- Luxury Homes: Lavish bungalows sprawled all over posh areas like Shilaj, Ambli, and Thaltej.
- Exclusive Cars: From Rolls-Royce to Tesla, all of them have their cars envy-worthy.
- Philanthropy: Most of them donate to some charity or initiative at the end, be it education, healthcare or sustainability.
There is nothing accidental about Ahmedabad’s rise to might in economics. And here are why it mostly attracts the crème de la crème:
- Strategic Location: Ports are an add-on for increased trade and logistic activities.
- Industrial Hub: Textiles, Pharmaceuticals, and Chemicals are a few of the large booming sectors.
- Ease of Doing Business: Investor-driven policies and infrastructure.
- Cultural Richness: Blend of the tradition and the modern makes the city vibrant.
Ahmedabad isn’t purely a heritage city anymore; it is a city of dreams and ambitions endowed with wealth beyond imagination.
The richest person in Ahmedabad and all others on this list are not mere names but legacies of the definition of Ahmedabad. These records are all from creative businesses to lavish lifestyles and even gigantic philanthropic legacies: Thus, they are creating the future of Ahmedabad while honoring its past.
And who knows? Perhaps the next billionaire from Ahmedabad happens to be reading this article as we speak!
