Surat, located in the state of Gujarat, was formerly a major trading port, but its importance has diminished in recent years. However, it continues to have a booming diamond and textile sector, as well as a significant supply of clothes and accessories. In reality, the city is responsible for cutting and polishing over 90% of the world’s diamond supply. Surat has a substantial number of affluent families, ranking seventh in terms of wealth. The city has one billionaire, 17 centimillionaires, 70 multimillionaires, and 300 high net worth individuals (HNIs).
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1.Babu Lakhani & family:
Babu Lakhani and his family own the jewellery company Kiran Gems, which has a net worth of $600 million (4900 crore).
2.Govindbhai Laljibhai Dholakia & family
The family of Govindbhai Laljibhai Dholakia owns Shree Ramkrishna Exports, a jewellery company, and is valued $600 million (4800 crore).
3.Jayantilal Jariwala
Jayantilal Jariwala has a net worth of $500 million (4400 crore), and his company is Colourtex Industries.
4. Mahesh Chandra Kabutarwala & Family
Mahesh Chandra Kabutarwala and his family have a net worth of $500 million (4200 crore) and work in the chemicals and petrochemicals business through their company, Colortex Industries.
5. Nirajbhai Choksi
Nirajbhai Choksi’s net worth is $350 million (2700 crore), and his company, NJ India Invest, is in the financial services sector.
6. Savji Dholakia
Savji Dholakia founded Hari Krishna Exports, which specialises in diamond cutting and exporting. After dropping out of school at the age of 13, he started working for his uncle, who was already in the diamond trade in Surat. His siblings, Himmat and Tulsi, eventually followed him in Surat and established their own diamond business in 1984. Ghanshyam, the youngest brother, joined the business seven years later, in 1992.
7. Anand Sureshbhai Desai
Anand Sureshbhai Desai is an Indian businessman who founded Anupam Rasayan India, a renowned manufacturer of specialised chemicals and colours. With a net worth of $350 million (2400 crore), he has contributed significantly to India’s chemicals and petrochemicals business.
8.Himanshu Khushalbhai Patel & family
The Patel family, lead by Himanshu Khushalbhai Patel, has a net worth of $350 million (2300 crore) and owns HLE Glascoat, an industrial products company that produces glass-lined equipment for the pharmaceutical and chemical sectors.
9.Tulsibhai Dholakia
Tulsibhai Dholakia co-founded Hari Krishna Exports, a diamond cutting and exporting enterprise. He founded the company in 1984 with his brothers, Savji and Himmat, after learning about the diamond trade in Surat from his paternal uncle. Ghanshyam, the youngest brother, joined the company seven years later, in 1992. Tulsibhai Dholakia’s net worth is reported to be $350 million (2300 crore), with the company operating in the jewellery industry.
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10.Ajay Kumar Mansukhlal Patel
Ajay Kumar Mansukhlal Patel is the founder and chairman of Tatva Chintan Pharma Chem, a top maker of specialty chemicals and medicines. His net worth is believed to be $200 million (1600 crore), and his company is involved in the chemical and petrochemical industries.
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