Anil Rai Gupta
Delhi, India
India
electrical equipment
$2,600,000,000
804
#804 Billionaires 2019
#48 India's Richest 2017
Mother and son Vinod and Anil Rai Gupta draw their fortune from a 40% holding in flagship Havells India.The company, which is run by Anil, makes everything from electrical and lighting fixtures to fans, refrigerators and washing machines.Havells was founded by Vinod's late husband Qimat Rai Gupta in 1958 as an electricals trading business.The company has 12 factories and a presence in 40 countries.
The late founder bought the brand 'Havells' from a Delhi trader back in 1971.The company's newly launched air conditioners called 'Grande', claims to cool down to 18 degrees centigrade in 45 seconds.
Qimat Rai Gupta
Vinod Rai Gupta
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