Surat is one of the important trading ports in the state of Gujarat. Nowadays its significance has decreased though. But Surat has a well-established diamond and textile industry. It is a major supplier of apparel and accessories. About 90% of the world’s diamond supply is cut and polished in the city.
When it comes to the number of wealthy families living in it, Surat stands in 7th place.
Total Number of Billionaires: 1
Number of Centi-Millionaires: 17
HNIs: 300; Multi-millionaires: 70
Ashwin Desai & family
Company – Aether Industries
Net Worth – $1.2 Billion (10,300 Cr)
Industry – Chemicals & Petrochemicals
Babu Lakhani & family
Company – Kiran Gems
Net Worth – $600 Million (4900 Cr)
Industry – Jewellery
Govindbhai Laljibhai Dholakia & family
Company – Shree Ramkrishna Exports
Net Worth – $600 Million (4800 Cr)
Industry – Jewellery
Jayantilal Jariwala
Company – Colourtex Industries
Net Worth – $500 Million (4400 Cr)
Industry – Chemicals & Petrochemicals
Mahesh Chandra Kabutarwala & Family
Company – Colourtex Industries
Net Worth – $500 Million (4200 Cr)
Industry – Chemicals & Petrochemicals
Nirajbhai Choksi
Company – NJ India Invest
Net Worth – $350 Million (2700 Cr)
Industry – Financial Services
Savji Dholakia
Company – Hari Krishna Exports
Net Worth – $350 Million (2700 Cr)
Industry – Jewellery
Savji Dholakia is the founder and chairman of Hari Krishna Exports, a diamond-cutting and exporting company. After dropping out at the age of 13 years, he joined his paternal uncle who was in the diamond trade in Surat. His brothers, Himmat and Tulsi, joined him in Surat and they started their own diamond business in 1984. The youngest brother, Ghanshyam, joined 7 years later in 1992.
Mr. Dholakia is known for giving extravagant gifts to his staff. In 2018, he gifted more than 600 cars to his staff as a Diwali bonus. The year 2018 is not unique, he gifted some 400 houses in 2016 and 491 cars in 2015. So likes to treat his staff well which is what makes Savji Dholakia one of the most famous businessmen from Surat or at least in the diamond business.
Anand Sureshbhai Desai
Company – Anupam Rasayan India
Net Worth – $350 Million (2400 Cr)
Industry – Chemicals & Petrochemicals
Himanshu Khushalbhai Patel & family
Company – HLE Glascoat
Net Worth – $350 Million (2300 Cr)
Industry – Industrial Products
Tulsibhai Dholakia
Company – Hari Krishna Exports
Net Worth – $350 Million (2300 Cr)
Industry – Jewellery
Laljibhai Tulsibhai Patel & family
Company – Dharmanandan Diamonds
Net Worth – $300 Million (2000 Cr)
Industry – Jewellery
Himmathbhai Dholakia
Company – Hari Krishna Exports
Net Worth – $250 Million (1800 Cr)
Industry – Jewellery
Ajay Kumar Mansukhlal Patel
Company – Tatva Chintan Pharma Chem
Net Worth – $200 Million (1600 Cr)
Industry – Chemicals & Petrochemicals
Nilesh Khushalbhai Patel & family
Company – HLE Glascoat
Net Worth – $200 Million (1500 Cr)
Industry – Industrial Products
Arjanbhai Laljibhai Dholakia
Company – Shree Ramkrishna Exports
Net Worth – $200 Million (1400 Cr)
Industry – Jewellery
Jayantibhai Vashrambhai Narola
Company – Shree Ramkrishna Exports
Net Worth – $200 Million (1400 Cr)
Industry – Jewellery
Pragnesh Jariwala & family
Company – SML Films
Net Worth – $150 Million (1300 Cr)
Industry – Containers & Packaging
Ravjibhai Laljibbhai Kakadia & Family
Company – Sheetal Manufacturing
Net Worth – $120 Million (1000 Cr)
Industry – Jewellery
Frequently Asked Questions
Who is the richest person in Surat?
Ashwin Desai & family is the richest family in Surat. They control Aether Industries which works in the field of Chemicals.
How many Billionaires live in Surat?
There is only one Billionaire family from the city of Surat. Sometimes called the diamond capital of the world, Surat has many families that have made their fortunes in the Jewellery business.
What is Savji Dholakia’s net worth?
Savji Dholakia, the owner of Hari Krishna Exports, net worth stands at 2700 Crore or nearly $ 350 Million US dollars. He is one of the richest people in the city of Surat.
How many millionaires are there in Surat?
Surat has more than 150 millionaires currently living and operating from the city of Surat. Most of the millionaires from Surat have made their fortune in either the Jewellery business, particularly diamond cutting or Textiles. Few belong to the petrochemical industry.
If we have forgotten to include a wealthy individual or family from the city, please share their details.