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<ul><li>Half of the billionaires, including Mukesh Ambani, Radhakishan Damani, Gautam Adani, Cyrus Poonawalla, saw significant gains in their wealth. </li><li>The biggest percentage gainer was 67-year old Kiran Mazumdar-Shaw, Biocon founder and the second richest woman in India. </li><li>While Biocon has joined the race to discover the vaccine, Shaw was not immune to COVID-19. She tested positive in August and recovered in a fortnight. </li></ul>India’s super-rich club of 100 people has added nine new faces and about $88 billion collectively during the coronavirus pandemic — which is assumed to be far worse than the Great Depression. Half of the billionaires, including Mukesh Ambani, Radhakishan Damani, Gautam Adani, Cyrus Poonawalla saw significant gains — taking the collective net worth of 100 billionaires to $517.5 billion, <a href="https://www.forbes.com/sites/naazneenkarmali/2020/10/07/indias-100-richest-2020-collective-net-worth-of-countrys-richest-rose-14-despite-pandemic/#2cf4d5e93da4">Forbes reported. </a> The biggest percentage gainer was 67-year old Kiran Mazumdar-Shaw, Biocon founder and the second richest woman in India. Her wealth has nearly doubled from $2.38 billion in 2019 to $4.6 billion in 2020 — a whopping 93.28% gain among India's 100 richest. She is one of the only five women billionaires in India. <keyword id="55796" type="PERSON" weightage="20" keywordseo="Kiran-Mazumdar-Shaw">Kiran Mazumdar Shaw</keyword> started her Indian-based pharma company about 42 years ago with merely two employees and $500 funds. However, it was not until 2014 that her company became a publicly-traded entity. It touched the $1billion mark on the very day it listed. Over the past decade, Biocon has grown by leaps and bounds to become a $5 billion company. In just the last 12 months, Biocon’s share price has surged 99% from ₹233 in October 2019 to ₹464.70 currently. <div type="image" title="Biocon11" msid="78569590" hostid="261"></div> While her company has joined the race to discover a vaccine to fight the virus, Shaw wasn’t immune to it. On August 16, she tested positive for COVID-19 and recovered 15 days later. Shaw has been vocal about leveraging science to contain the virus. Three months after coronavirus broke out in India, Biocon announced that it would launch biologic drug Itolizumab for the treatment of moderate to severe COVID-19 patients at a price of around ₹8,000 per vial. The pharmaceutical is set to begin the phase-4 trials of the potential drug. Well, Shaw might have gained the most, but Mukesh Ambani’s record gains have left everyone behind. He remains India’s richest man for the 13th year in the running and leads by a large margin. Ambani added $37.3 billion to his fortune, thanks to the trail of investments in Reliance Jio and his retail venture. Jio alone got $20 billion investments from investors like Google, Facebook, and Microsoft. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/corporates/news/tcs-beats-accenture-to-become-the-worlds-most-valuable-it-services-company/articleshow/78566487.cms">TCS beats Accenture to become the world’s most valuable IT services company — but this not the first time it has raced ahead</a>

India’s second richest woman nearly doubles her wealth to $4.6 billion during the COVID-19 pandemic

<ul><li><keyword id="1702989" type="PERSON" weightage="20" keywordseo="Byju-Raveendran">Byju Raveendran</keyword>’s net worth stood $1.91billion. </li><li>His fortune from 21% stake his namesake ed-tech startup — Byju’s. </li><li>The startup has been growing at a breakneck speed with its revenue climbing to ₹1,430 crore in FY19</li></ul>Byju Raveendran is the newest entrant into Forbes rich list of 2019. “There are six new faces this year, including Byju Raveendran, the 38-year-old founder of fast-rising edtech unicorn Byju’s,” <a href="http://www.forbesindia.com/article/india-rich-list-2019/india-rich-list-2019-mukesh-ambani-dominates-adani-kotak-make-big-gains/55657/1">wrote</a> Naazneen Karmali from Forbes Asia. The other new faces include Manohar Lal and Madhusudan Agarwal of Haldirams, Rajesh Mehra of Jaquar, and Samprada Singh of Alkem Laboratories. <a href="http://www.forbesindia.com/lists/india-rich-list-2019/1807/all">Byju Raveendran’s net worth stood $1.91billion</a>. His fortune from 21% stake his namesake ed-tech startup — Byju’s. He recently joined<a href="https://www.bloomberg.com/news/articles/2018-12-17/india-s-byju-s-raises-540-million-in-naspers-backed-funding"> India’s billionaire club</a> — thanks to the latest round of $150 million funding from Qatar Investment Authority (QIA). The startup has been growing at a breakneck speed with its revenue climbing to ₹1,430 crore in FY19, <a href="https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/byjus-claims-to-have-tripled-its-revenues-to-rs-1430-crore-in-fy19/articleshow/69590594.cms">according to an Economic Times report.</a> Here's Byju Raveendran’s journey from a school teacher to becoming India’s youngest self-made billionaire: 
	
	
	
	<div type="Slideshow" msid="70550887" hostid="261" title="The remarkable journey of Byju Raveendran from a teacher to a billionaireThe remarkable journey of Byju Raveendran from a teacher to a billionaire" firstImageMsid="70551027" slideCount="6"></div>

Byju Raveendran is the newest face on the Forbes list of 100 richest Indians

The 1 percent club: In India, ₹1.4 cr can make the cut but in US you need 30x more

<div class="KonaFilter image-container display-table"><div><div class="image on-image">Reuters/Amit Dave</div></div></div><ul class="summary-list"><li>CEOWORLD Magazine recently published its "<a href="http://ceoworld.biz/2018/09/24/india-rich-list-for-2018">India Rich List for 2018,"</a> which ranks the wealthiest individuals in the world's fastest-growing economy.</li><li>The majority of top 10 are self-made billionaires who built empires in software services, pharmaceuticals, and finance. A few of them inherited stakes in their families' companies.</li><li>Mukesh Ambani, Chairman of Reliance Industries tops the list with a net worth of $47.8 billion. </li></ul>Thanks to India's booming economy, the <a href="https://markets.businessinsider.com/news/stocks/indias-economic-growth-hits-82-fastest-in-2-years-2018-8-1027500516">fastest-growing major economy in the world</a>, there has been a meteoric rise in the wealth of the country's elites and business owners. Once dominated by prominent business families like the Tatas, Birlas, or Ambanis, there has been a dramatic increase in the number of self-made billionaires. CEOWORLD magazine recently published its "<a href="http://ceoworld.biz/2018/09/24/india-rich-list-for-2018">India Rich List for 2018,</a>" which is made up mostly of self-made billionaires who have built empires in software services, pharmaceuticals, finance, metals, and energy.With a wealth of $47.8 billion, Mukesh Ambani, the chairman of Reliance Industries, has cemented his position as being India's richest person. Take a look at who else made it into the top 10 spots this year:

These are the 10 richest people in India

Top 100 richest people in the world

<div class="KonaFilter image-container display-table"><div><div class="image on-image">REUTERS/Amit DaveMukesh Ambani is the richest man in India for the 12th year in a row.</div></div></div><ul class="summary-list"><li>Forbes released its 2019 ranking of <a href="https://www.forbes.com/india-billionaires/list/#tab:overall">India's 100 Richest People.</a></li><li><a href="https://www.forbes.com/india-billionaires/list/#tab:overall">Mukesh Ambani, with a net worth of $51.4 billion</a>, topped the list for the 12th year in a row.</li><li>The list also includes infrastructure tycoon Gautam Adani and steel baron Lakshmi Mittal.</li><li>The 15 richest people in India are worth a combined $215 billion.</li><li><a href="https://www.businessinsider.com/?hprecirc-bullet">Visit Business Insider's homepage for more stories.</a></li></ul>Forbes released its 2019 ranking of <a href="https://www.forbes.com/india-billionaires/list/#tab:overall">India's 100 Richest People.</a>For the 12th year in a row, Mukesh Ambani, the head of oil-gas-telecom conglomerate Reliance Industries, topped the list with an estimated net worth of $51.4 billion.Despite a slowdown of economic growth that caused more than half of India's 100 richest people to lose money, Ambani has only gotten richer, adding $4.1 billion to his fortune in the past year.Read more: <a href="https://www.businessinsider.com/ambani-richest-family-in-asia-india-lifestyle-home-wedding-photos-2018-12">Mukesh Ambani is India's richest man for the 12th year in a row. Meet the Ambanis, Asia's wealthiest family, who live in a $1 billion skyscraper and mingle with royals and Bollywood stars.</a>India's richest 15 people, which include Ambani, pharmaceuticals billionaires, and infrastructure tycoons, are worth a combined $215 billion.Here are the 15 richest people in India right now, ranked.

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India’s second richest woman nearly doubles her wealth to $4.6 billion during the COVID-19 pandemic

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Byju Raveendran is the newest face on the Forbes list of 100 richest Indians

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The 1 percent club: In India, ₹1.4 cr can make the cut but in US you need 30x more

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