Who are the Richest Indians In Canada? – Indians can be found in different parts of the world, and many are actually doing fine, due to various factors. Everyone knows Canada, in particular, is a nice society with an atmosphere that supports success. And so, there are various Indians who have utilized these opportunities to climb the ladder of wealth.
Nevertheless, there are some guys who are richer than others, and in this article, we will explore the top ten richest Indians in Canada.
Perhaps, some of these guys are yet to get into the same league as the likes of Mark Zuckerberg and Bill Gates. Nevertheless, they are surely rich chaps who are living in wealth.
Interestingly, these guys have grown into heroes who have contributed positively to the growth of Canada and its economy. They have created a lot of jobs (in fact, beyond Canada), and are also contributing to the well-being of humanity via their philanthropist acts. They are pushing boundaries and are interestingly getting more attention.
Let’s get started.
Top 10 Richest Indians In Canada 2023
Mukesh Ambani is the first guy on our list. The Energy sector gave him a large chunk of his wealth via Reliance, and with a net worth that is in the region of $84.7 billion, Ambani keeps pushing for the skies.
Mittal is not only rich, but he is also very famous. In fact, he is not just one of the richest Indians in Canada alone, but he is one of the wealthiest in the world as a whole and is also well-known around the world.
Mittal can boast of a net worth that is around $18.9 billion dollars, and so, deserves to be the second guy on the list.
His story is pretty inspiring. Actually, it is well-known that for many billionaires around the world today, they were privileged to have been born into very wealthy families and all (in fact, some of them inherited their wealth, which brought them to the ‘billionaire category’). However, there are some others who were not born with silver spoons but worked hard to rise to the top. One of such is Mittal. Used to be an unknown scrap metal dealer, and now, he is the boss at ArcelorMittal (a company that makes steel).
His firm is well-known on the global scene and has provided tons of jobs to various people.
Dilip is the third richest Indian on our list, and it would interest you to know that this man has built an Empire around Sun Pharmaceuticals and is worth up to $12 billion.
His company is one of the biggest in India and has employed a lot of people too. Here is a man who owns one of the largest drug-making firms in Asia, and he is actually deserving of being where he currently is.
Steve Gupta, the fourth guy on our list of richest Indians in Canada, is actually an inspiration too. He also worked vehemently to grow his wealth, and today, he can boast of being a billionaire – one of the richest guys in not only India but the world as a whole.
Steve arrived in Canada years back with almost nothing and started with factory jobs to fend for himself. He also partook in insurance and he diligently saved to raise money to deal in other ventures.
Right now, as a result of vision and dedication, he makes huge money being a developer and owner of several properties. He has been applauded various times, as he has been recognized at various levels and has won different awards, including the 2013 Royal Bank of Canada Top 25 Canadian Immigrant awards.
One impressive thing to add about this man is the deep respect he has for Canada, which he tagged as his “new adopted country”. He hails the country as a superb organized one that has provided immigrants like himself such necessary things like infrastructure, health benefits, and so on.
Babra is the fifth richest Indian in Canada, and so, he is placed on the fifth spot on our list. He was born in India and spent some time there before immigrating, and he has actually been able to capitalize on the lucrative atmosphere to build superb businesses that keep fetching him great wealth.
Babra is not a “jump into wealth story”, but he actually started humbly (being born in a humble home). He started a career in the travel business in the United Kingdom before exploring Canada in 1979.
Right now, his firm SkyLink Travel Group) has spread her tentacles around the various niches, and he keeps earning hugely via its exploits.
Apart from his interest in making money, he is also interested in philanthropic acts and has actually put a lot of things in place to ensure people are helped to become better. He, through SkyLink, offers necessary resources for drip irrigation farming in India.
His philanthropic efforts in India should make him become easily regarded as one of the most influential guys in the country. We should add that he supports initiatives to rescue young women from street life in his home country, and has also debated essentials to various countries that need them (via SkyLink)
Ramesh Chotai has been another interesting story, and his journey into the category of billionaires is one that should be given attention to.
Born in Africa and educated in Britain (he studied Pharmacy), he moved to Canada in 1972 and has started from a humble position too. He grew appropriately to become boss at Bromed Pharmaceuticals. He is quite influential and popular, as he has been able to create a business that sells medical and health care products in different places in the world.
He imports pharmaceutical raw materials from India and has created job opportunities for tons of people. Apart from making money, he is also a philanthropist who tries to ensure the progress of humanity in his own little way. We should also add that he has served as the President of the Hindu Mandir and Cultural Centre.
Vasu is the seventh guy on our list, being the seventh richest Indian in Canada as things stand now. He is a businessman who has built various lucrative businesses that have shot him into the category of billionaires. Vasu has invested in tons of firms – both big and small, and he has done well for himself.
He co-founded the Group of Companies some years back, and apart from his business enterprises, he is also a philanthropist who tries to inspire people. He engages with the Indian Diaspora to ensure the bilateral interests of his home country and Canada. The billionaire founded the Chanchlani Foundation a few years ago, and he aims at inspiring people and rewarding global excellence.
Vasu has given a lot of money to support health and public policy research and to promote entrepreneurship. Of course, his gestures haven’t gone unnoticeable, as he has been regarded as one of the Top 25 Canadian Immigrants in the whole of Canada. His net worth is around $2 million.
Dhahan is another inspiration, as he too was not born into a very wealthy home. In fact, he is an immigrant who came to Canada in 1967 and got a degree from the University of British Columbia and Regent College.
He is a businessman who has created a business that has employed tons of people and has made him a lot of money. He is the boss at Sandhurst Group of companies – with interests in commercial real estate development.
Barj has come up with various projects that have been of great benefit to both India and Canada – ever since the 1980s. He is also interested in promoting health and education and has partnered with relevant agencies to bring about his initiatives.
He migrated to Canada in 1924 and built his wealth via his exploits in the business world. His skills have contributed to the progress of Canada’s economy (and he has been duly recognized). Impressively, he started from a very young age (as a young teenager) and he grew to become one of the richest in the world.
We are ending the list with this man, although he is now late (August 18, 1932 – July 26, 2007).
Herb Doman, whose real name is Harbanse Singh Doman, is an industrialist who made a lot of money as a forester. Through his Doman Industries, he remains one of the richest Canadians from India.
So, here is the list. Actually, just as earlier stated, there are tons of Indians doing well in Canada. Many of them, they emerged as poor immigrants in search of greener pastures. And via hard work and dedication, they are here today. Nevertheless, some are richer than others, and you can see the list of richest Indians in Canada who are ahead of others in terms of their total net worth and assets.