Odisha is the 16th largest state economy in India. The top 10 richest people in Odisha -2023 are given below.
Introduction:-
Odisha is located on the eastern coast of India. The state borders West Bengal, in the North East, Jharkhand in the North, Chhattisgarh, and Andhra Pradesh in the South. Odisha has a coastline of 485 Km. It is the 8th largest state by area & and 11th largest by population in India.
The economy of Odisha is the 16th largest state economy in India with Rs.8.65 lakh crore (US$ 110 billion) in GDP & per capita GDP of Rs.1, 50,676. According to GDP, Odisha is the 24th Rank in India.
1. AJIT JAIN:-
Ajit Jain was born on 23rd July 1951 in the state of Odisha. He is the no 1 richest person in Odisha. He is the Vice-chairman of operations for Berkshire Hathway. His Cousin Anshu Jain was the former Co-CEO of Deutsche Bank.
He worked as a salesman at IBM. After the closure of IBM’s Operation in India, Ajit Jain moved to America and found work with McKinsey, and Warren Buffet. He made a good connection with Mc Kinsey and that landed him at Berkshire Hathway.
In January 2018, Ajit was named vice chairman of the insurance operation and was invited to the board of Directors. Berkshire Hathaway Insurance, through its sub-subsidiaries, engages in insurance, freight, rail transportation, and utility business.
It provides property-casualty, life accident and health insurance and reinsurance, and operates a railroad system in North America.
Ajit Jain is now the President of the Berkshire Hathaway Insurance Group. He is in charge of Berkshire Hathaway’s Insurance Group. He is the charge of Berkshire Harthaway’s efforts in the Indian insurance sector.
Ajit Jain is largely regarded as Warren Buffet’s successor apparent. Many analysts believe he will be the next CEO of Berkshire Hatheway. He is the no 1 richest person in Odisha.
The company also generates transmits, stores, and distributes electricity from natural gas, coal, wind, solar, hydro, nuclear, and geothermal sources. The Company was incorporated in 1998 and its headquarters is in Omaha, Nebraska.
Today as per the report of 2022 the Net worth of Ajit Jain is $ 45 million (RS.3752.392,500 INR)
2. SUBHRAKANT PANDA:-
Mr.Subharkant Panda is the 2ND wealthiest person in Odisha. Subharkant Panda is the MD & CEO of Indian Metals and Ferro Alloys Limited. He is also the owner of Odisha Television Limited to gather with his brother Jay Panda.
His family also has interests in cable television and internet broadband services. He is the Chairperson of the FICCI Odisha State Council.
In 1993, Mr, Subhrakanta Panda joined the IMFA Group. Since then, he has handled a variety of roles within the Group, including direct supervision of the commercial division as well as extra responsibilities for the projects Departments.
Mr. Subhrakanta Panda was appointed as the Managing Director of the parent business. Indian Metals & Fero ALLOYS IN 2006 IMFA.
Today Mr.Subhrakanta Panda 2nd richest person in Odisha. His Net worth is USD 0.25 Billion ( Rs.20,844,400,000 INR).
3. PREM PATNAIK& FAMILY: -
Prem Patnaik, elder brother of Naveen Patnaik, chief minister of Odisha. Prem Patnaik is the 3rd richest person in Odisha. He is one of the biggest business moguls from Odisha. Prem Patnaik established many business ventures, some of which he has been the sole director.
At present, he is the Managing Director of the Haryana Coated Papers Limited, HHS India Limited, Jamuna Enterprises Stationery Pvt. Ltd, Health Home, and Shopping India Private Limited.The former chief minister of Odisha, Biju Patnaik father of Prem Pattnaik & Naveen Pattnaik.
Prem Patnaik has founded several businesses, some of which he has been the sole Director. He is the current managing Director of Haryana Coated Papers Limited, HHS India Limited, Jamuna Enterprises Stationery Pvt Ltd and Health Home and Shopping India Pvt. Ltd.
His family is also one of the largest and possibly the most illustrious among well-known Odia families, with their late father, Biju Patnaik serving as the state’s chief minister.
Prem Patnaik is the 3rd richest Person in Odisha.His net worth in 2022 Rs.$42Million USD(Rs.3501,878,100.00INR)
4. Kamal Jeet Singh Ahluwalia:-
Kamal Jeet Singh Ahluwalia is Odisha’s No-4TH, the richest person in Odisha. He is the chairman of KJS AHLUWALIA Group. He has an involved in the Odisha mining industry for 30 years.
He has 50 years of experience in the production of Cement, mining of Iron Ore, Coal, graphite, and manufacturing steel, under the umbrella of KJS GROUP.
He has more than 50 companies like KJS Cement, KJS Steel, and various mining projects in many different locations across India. KJS Ahluwalia Group's presence today can be found in multiple sectors of business started on Iron ore Business.
He is one of the most reputed India Industrial houses with market leadership in many businesses. Kamal Jeet Sing Ahalwalia is the highest taxpayer in India. He is the country’s top taxpayer in the individual category for 2010-11.
Kamal Jeet Singh is the 4th richest person in Odisha in 2022.his Net worth $40Million USD(Rs.3334,786,360.00INR)
5. DILIP ROY: -
Dilip Roy was born on 9th January 1954. He is the 9th richest person in Odisha. He is a noteworthy Indian Politician and a hotelier from the state of Odisha. He formerly worked as the Union Minister of Steel, Coal & Parliamentary affairs.
He is the founder and Chairman of the Mayfair Group of Hotels, which is spread all over largely based in eastern India. He is well respected for his depth of knowledge of the hospitality industry, and for this fact, he is well positioned in this industry of eastern India.
He is the founder and CMD of the Mayfair Group of Hotel. He completed his Law degree in the year 1976 from Kolkata University & and completed his MBA in 1977.
He played a notable role in the foundation of the Biju Janata Dal. Roy considered Biju Patnaik his mentor and his closeness with him can be gauged from the fact that Biju Pattnaik spent the last year of his life with him.
During his last days, Biju Patnaik had expressed his desire to form a regional party for which he had consulted with several national leaders like Atal Bihari Vajpayee, Lal Krishna ADVANI AND Pramod Mahajan.
After the death of Biju Pattnaik, Roy and other Janata Dal leaders founded Biju Janata Dal.
.Dilip Ray is a well-known Indian politician and hotelier from Odisha and the founder and chairman of the Mayfair Group of Hotels, which operates primarily in Eastern India.
Dilip began by working as a lobbyist for the Mining Association, he was previously the union minister for steel, coal, and legislative affairs.
Dilip Ray holds the distinction of having served as Prime Minister three times. He is a major figure on the list of the richest persons in Odisha. He is widely regarded for his extensive understanding of the hotel sector as well as his position in the industry, particularly in eastern India.
Dilip Roy is the richest person in Odisha in 2022.His Net worth $9Million USD(Rs. 733,639,950.00INR).
6. DR.PRADIPTA MOHANTY:-
Pradipta Mohanty is the President and Designated as the Chairman of SNM Group and broadband connection. Dr He is the 6th richest person in Odisha. Pradipta Mohanty is a trained doctor, in the field of homeopathic medicine and also the chairman of the CII-Odisha state council.
S.N. Mohanty is the esteemed Chairman of SNP Group in Odisha. Known for his visionary leadership, he has played a pivotal role in the group's success.
Mohanty's commitment to excellence and innovation has propelled SNP Group to new heights in various sectors. Under his guidance, the group has achieved milestones, contributing significantly to Odisha's economic landscape.
Mohanty's dedication to community development and corporate responsibility has earned him respect. As Chairman, he continues to steer SNP Group with a focus on sustainable growth and positive societal impact, making him a prominent figure in Odisha's business community.
S.N.Mohanty Group engages people's lives with a presence in Mining, steel manufacturing, and power production, extending direct market linkage to small and marginal farmers of Odisha.
The Group began as a mining firm, founded in 1980 by Late Surendra Nath Mohanty.” Truth. Hard work, Simplicity, Honesty, & Fath” five golden mantras or five-tower of this group. Mr. Pradipta Mohanty is the chairman of SNM Group.
Today in 2022 Dr.Pradipta Mohanty is the 6th richest person in Odisha and his Net worth is USD 35 million (Rs. 2,91,66,72,500.00 INR).
7. INDRANI PATNAIK:-
Indrani Patnaik is the 7th richest person in Odisha &No. 1 richest woman in Odisha. She is the owner of Indrani Patnaik Iron Mines and Patnaik Minerals which was originally founded by the Late Bansidhar Patnaik in the year of 1955.
Indrani Patnaik, director with Ocean Capital Market Ltd. She is an Indian staying in Sundergarh, Odisha, India. Indrani Patnaik is currently associated with 10 Companies
Patnaik Minerals has mining operations producing Iron, Manganese, Limestone, and Dolomite.
Indrani Patnaik is a well-known businesswoman in Odisha. She is the owner of the Indrani Patnaik Iron Mines, and Patnaik Minerals which was originally founded by the Late Bansindar Patnaik in 1955 and several other mining companies.
The Indarini Patnaik mines are major producers of high-grade calibration of Iron ore and a major exporter of Iron ore fines to China. Patnaik Minerals Pvt. Ltd has recently started a program called the Community Welfare Project.
In these projects, they give medical treatment to the villagers of nearby plants. Indrani Patnaik paid 185 Crore tax in 2012-13 and topped the list of individual taxpayers from the state last few years. Indrani Patnaik is the wife of D.R. Patnaik.
Indrani Patnaik is the 7th richest person in Odisha. Her Net worth in 2022$32Million(Rs.26,66,672,000.00 INR)
8. Bijaya Mohapatra:-
Bijoy Mohapatra was born on 7th November 1950. He is the 8th richest person in Odisha. He is a politician and public servant from Odisha. He was the most powerful minister in the Cabinet of Biju Patnaik.
He served in the Legislative Assembly for four terms representing the Kendrapara Constituency. Bijay Mahapatra was sidelined in Odisha BJP in 2016 when Basanta Panda was elected as BJP state president.
He finally quit BJP on 30th November 2018. He returns to BJP on 27th, March 2019. He earned a degree from Kendrapaa College, Utkal University in 1969.
Bijoy Mohapatra is a politician and public servant from Odisha, India. He is ranked ninth on the list of wealthiest individuals in Odisha. He is a key player in the Bharatiya Janata Party and served as Odisha’s Irrigation Minister from 1990 to 1995.
The richest person in Odisha is those involved in the mining industry. This is because mining generates the great bulk of the state’s revenue, and Odisha’s economy is heavily reliant on that single industry.
He is the 8th richest person in Odisha in 2022. His net worth estimated in 2022 is USD 5 million (Rs. 407,577,750.00 INR).
9. Mahimananda Mishra:-
Mahimananda Mishra is a dynamic and self-made entrepreneur. Mahimananda Mishra is the scion of an aristocratic family of Odisha.
Starting with 15 individuals in the year 1978, he achieved great heights and established OSL GROUP as one of the corporates on the East Coast of India.
Orissa Stevedors(Overseas) Pvt. Ltd, OSL Motors Pvt. Ltd, OSL Automobiles pvt. Ltd, DPS Kalinga, Travel Link, Nayagarh Sugar Complex Ltd, Gopalpur Ports Limited, OSL Prestige, Nandighosh Coal & Coke Products Pvt. Ltd OSL Exclusive, OSL Auto Cars Pvt. Ltd, Empires Hotel, PrviBharat Coal Products Pvt. Ltd, OSL Multipurpose Cooperative Ltd, OSL Securities Private Ltd.
Apart from end-to-end Logistics Solutions, port Development and Mining, he has also forayed into the fields of hospitality, media productions, aviation education, and manufacturing.
He is also the owner of LAM Coke, steel rerolling mills, health care and sugar production. He is also the sole authorised wholesale distributor and stockist for several leading FMCG products and MNCs in the state of Odisha.
Awards:-
Best Entrepreneurship Award presented by Sri Naveen Patnaik.
Business leader of the AWARD 2010 presented by the CM of Odisha for the remarkable achievement of developing Gopalpur Port into a world-class port.
10.Achyouta Samanta:-
Mr Achyouta Samanta was born to Anadi Charan Samanta and Nilima Samanta in the village of Kalarabanka in Cuttack District of Odisha in 1965. His father died when Samanta was four years old. He grew up in abject poverty with his widow mother and seven siblings.
Mr Achyouta Samanta received an M.Sc in chemistry from Utkal University. He started as a Chemistry lecturer in a college in Bhubaneswar.
Besides education and tribal upliftment, healthcare and rural development, Samanta has contributed to art, culture, film, media, society and national integration. He is also the founder of Kalinga TV and K News of Odisha.
Mr Achyouta Samanta is the founder ex-chancellor and secretary of KIIT UNIVERSITY. He is the founder of the Kalinga Institute of Social Sciences(KISS).KIIT International School, Kalinga Institute of Medical Science(KIMS), KIIT School Management(KSOM), KIIT School of Rural Management (KSRM), KIIT School of Computer Application(KSCA), KIIT Law School(KLS), KIIT Polytechnics and many more.
He is a member of the University Grants Commission(UGC) and is an Executive member of the All India Council for Technical Education(AICTE). He is the President of the Volleyball Federation of India.
He is also a member of the Indian Olympic Association. He is also an Academic Council Member of the Central University of Orissa. He is also an Executive Committee Member of the Indian Science Congress Association(ISCA).
As of June 1, 2023, his Net worth is estimated to be around $5 Million(41,6876500.00 INR).
My Conclusion:-
Odisha has been identified as the most poverty-ridden state by the Suresh Tendulkar Commission. It fixed the poverty line in the state at 695 in rural and 861 in urban areas. The rural figures are lowest for any of the states in the Indian subcontinent.
Odisha is a poor state where people still struggling to earn their basic needs. Govt provided healthcare, and education are not good. Compared to other states less nos of jobs are available for younger people. The maximum of those jobs are govt sector jobs. Private and corporate jobs are minimal. People are going to other states to earn money to manage their family income.
If you're asking for the richest person, then they will be the politicians and some of the mine owners. You can take their names and rank among themselves.