Home to some of the richest families and individuals known across the globe, Odisha has currently been on the forefront if we talk about wealth, business and opulence. The prosperity of its coastal areas reflects the cumulative wealth of this mineral-rich state, which is said to have the potential to become a $1-trillion economy and help the country in becoming a $10-trillion economy.
Listed below are the top ten business tycoons who are known for their immediate wealth:
- Ajit Jain
An Indian American, Ajit Jain is the Vice Chairman of Insurance Operations at Berkshire Hathaway. With a net worth of over 2 billion USD, he is counted among the richest people in Odisha.
- Subhrakant Panda
Subhrakant Panda is a renowned entrepreneur, currently the managing director and CEO of IMFA (Indian Metal & Ferro Alloys Limited) – a fully integrated producer of ferro alloys. His net worth is estimated to be around 75 million USD.
- Madhusudhan Sahoo
Having a share in several MNC mining companies, Madhusudhan Sahoo has also served as a member of the Competition Commission of India and was appointed as the chairperson of the Insolvency and Bankruptcy Board of India.
- Mahimananda Mishra
The scion of an aristocratic family of Odisha, Mahimananda Mishra is the managing director and chief executive officer of Orissa Stevedores Limited (OSL). He has played a major role in establishing OSL Group as one of the largest corporates across the East Coast of India.
- Indrani Patnaik
Wife of DR Patnaik, Indrani is the founder of several mining organisations. As per the income tax department, she is among the top taxpayers of the state. Indrani owns the Indrani Patnaik Iron Mines, and Patnaik Minerals, originally founded by Late Bansindar Patnaik in 1955.
- Prem Patnaik
An industrialist and business mogul, Prem Patnaik is the brother of Naveen Patnaik, Chief Minister of Odisha. He is the chairman and managing director of Haryana Coated Papers Ltd.
- Pradipta Mohanty
A man with a mission and a vision, Pradipta Mohanty is the chairman of SNM Group. Born to a middle-class family, he has emerged as one of the richest business tycoons in Odisha.
- KJS Ahluwalia
The managing director and chief executive officer of KJS Ahluwalia Group, he has a net worth of over 42.1 million USD.
- Dilip Ray
Former Union Minister of steel, coal and Parliamentary Affairs, Dilip Ray is the founder of Mayfair Group of Hotels. With a net worth of 60 million USD, he is one of the most affluent business tycoons in Odisha.
- Bijoy Mohapatra
Four times MLA from Patkura Constituency of Kendrapara district, Bijoy Mohapatra played a pivotal role in the formation of Biju Janata Dal in 1997. He was also the most powerful minister (known as Super Chief Minister) in Biju Patnaik’s cabinet.