2. Vinod Gupta & Family
Vinod Gupta and Anil Rai Gupta are mother and son duo, accumulating wealth from their family’s 60% shareholding of Havells India (a flagship electrical and lighting fixtures company). The company has now expanded its product line by churning out fans, washing machines, and refrigerators. Havells India has twelve factories across India and sells its products in over fifty countries. The company was founded by Qimat Rai Gupta (late husband of Vinod Gupta) as an electrical trading business entity in 1958. Vinod & Anil Rai Gupta & family have a net worth of US$3.5 Billion.
