Noida, once the extension of Okhla in Delhi is now a fully-fledged city in itself. Alongside Gurgaon, Noida is a favorite place for IT companies to relocate when they want to escape the crowded and expensive market of Delhi. There are many IT, Computer, and software companies that operate in Noida, HCL being the most famous of them all.
Lately, Noida has emerged as a great alternative for setting up operations for many startups. This is happening at the expense of Gurgaon because the office space, as well as operating costs, are quite high in Gurgaon when compared to Noida. So new startups being short on funds, like to save on operating costs by locating to Noida. This has made Noida, second only to Gurgaon when it comes to the number of startups being set up in Delhi NCR.
Number of Billionaires: 1
Number of Centi-Millionaires: 30
Multi-millionaires: 74; HNIs: 3500
Industries in Noida
As someone coming from Gurgoan, Noida may feel like a sleepy town. But trust me, Noida has many great things going for it. The ecosystem that gives Gurgaon its vibrance and appeal has made it expensive beyond imagination. The posh locations like Golf course road compete head-on with the likes of Mumbai. So the startups can save on some cash by operating out of a city that is much cheaper than Gurgaon but offers quite a functional ecosystem if not the best.
So Noida is mainly famous for its internet startups. It counts big names like IndiaMart, and PayTM among them.
Now, let’s discuss the individuals and families that consider Noida as their base for living as well as working.
Vijay Shekhar Sharma
Chairman – One97 Communications (Paytm)
Net Worth – $ 1 Billion (8000 Cr)
Industry – Diversified
Manoj Agrawal, Naveen Agrawal, Shekhar Agrawal
Chairman – Surya Food & Agro
Net Worth – $ 600 Million (4800 Cr)
Industry – Food & Beverages
Dinesh Chandra Agrawal
Chairman – India Mart
Net Worth – $ 560 Million (4200 Cr)
Industry – Software Services
Brijesh Agrawal
Chairman – India Mart
Net Worth – $ 400 Million (2800 Cr)
Industry – Software Services
Hitesh Oberoi
Chairman – Info Edge India
Net Worth – $ 350 Million (3000 Cr)
Industry – Software Services
RK Arora & Family
Chairman – Supertech
Net Worth – $130 Million (970 Cr)
Industry – Real Estate
Getamber Anand & Family
Chairman – ATS Infrastructure
Net Worth – $160 Million (1200 Cr)
Industry – Real Estate
Yashish Dahiya
Chairman – PB Fintech
Net Worth – $ 120 Million (1100 Cr)
Industry – Fintech
Arvind Gupta
Chairman – Montez Enterprises
Net Worth – $ 110 Million (1000 Cr)
Industry – Trading
Frequently Asked Questions
Who is the richest person in Noida?
Vijay Shekhar Sharma is the richest person in Noida. He has made his fortune through One97 Communications which is the parent holding firm for PayTM. It was started by Vijay in 2000 in New Delhi but shifted its headquarters to Noida later.
How many Billionaires live in Noida?
There is currently only 1 billionaire living in Noida, Vijay Shekhar Sharma, the founder of Paytm.
Is Noida better than Gurgaon?
Noida is better than Gurugram in some aspects but not as good in others. Every city has its pros and cons. In the case of Noida, affordability, functional startup ecosystem, and livability are the pros while Gurgaon is glamorous and has one of the best startup ecosystems. But Gurgoan is expensive while Noida is affordable.
Who is the richest person in Uttar Pradesh?
Murli Dhar Gyanchandani from the city of Kanpur is the richest person in Uttar Pradesh. He is the owner of RSPL Group which manufactures Ghadi detergent powder. His net worth is around 12000 Crore ($1.5 Billion). You can learn more about him and his family through our rich list of Kanpur.
If we have forgotten to include a wealthy individual or family from the city, please share their details.