Top 10 Biggest Wealth Creators

According to the Motilal Oswal ‘Wealth Creation Study 2005-10′, Reliance Industries (RIL) is the biggest wealth creator, followed by ONGC (Oil and Natural Gas Corporation) and NMDC, for the period of five years from 2005 to 2010. RIL share price has grown at a compounded annual rate of 37.1 per cent over the past five years. Indian top 100 wealth creating companies created over Rs 26,000 billion of wealth in the past 5 years. Wealth creation is the process by which a company enhances the market value of the capital entrusted to it by its shareholders.

For the past seven years, the biggest wealth creator in India are from the Oil & Gas sector, with ONGC led the first three years and Reliance led the next four years.

10 biggest wealth creators of 2008:

1. Reliance Industries
Net Wealth Created (Rs billion): 3,077

2. ONGC
Net Wealth Created (Rs billion): 1,593

3. Bharti Airtel
Net Wealth Created (Rs billion): 1,505

4. NMDC
Net Wealth Created (Rs billion): 1,356

5. MMTC
Net Wealth Created (Rs billion): 1,084

6. BHEL (Bharat Heavy Electricals Ltd)
Net Wealth Created (Rs billion): 952

7. Larsen & Toubro
Net Wealth Created (Rs billion): 813

8. SAIL (Steel Authority of India Limited)
Net Wealth Created (Rs billion): 727

9. SBI (State Bank of India)
Net Wealth Created (Rs billion): 701

10. ITC
Net Wealth Created (Rs billion): 617

* Next: Top Wealth Management Firms

Author

Kelvin Wong Loke Yuen is an experienced writer with a strong background in finance, specializing in the creation of informative and engaging content on topics such as investment strategies, financial ratio analysis, and more. With years of experience in both financial writing and education, Kelvin is adept at translating complex financial concepts into clear, accessible language for a wide range of audiences. Follow him on: LinkedIn.

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