Surat, located in the state of Gujarat, was once a significant trading port, but its importance has declined in recent times. However, it still boasts a thriving diamond and textile industry, and is a major source of apparel and accessories. In fact, the city is responsible for cutting and polishing around 90% of the world's diamond supply. Surat is also home to a sizable number of affluent families, ranking 7th in terms of wealthy residents. Specifically, the city has 1 billionaire, 17 centi-millionaires, 70 multi-millionaires, and 300 high net worth individuals (HNIs).

The list contains information about the net worth and industry of various companies owned by individuals and families

1.Babu Lakhani & family:

Babu Lakhani and his family are in the jewelry industry and their company is Kiran Gems, with a net worth of $600 million (4900 Cr).

2.Govindbhai Laljibhai Dholakia & family

The family of Govindbhai Laljibhai Dholakia owns Shree Ramkrishna Exports, a jewelry company, and has a net worth of $600 million (4800 Cr).

3.Jayantilal Jariwala

Jayantilal Jariwala's net worth is $500 Million (4400 Cr) and his company is Colourtex Industries.

4. Mahesh Chandra Kabutarwala & Family

Mahesh Chandra Kabutarwala and his family have a net worth of $500 million (4200 Cr) and are in the chemicals and petrochemicals industry, with their company being Colourtex Industries.

5. Nirajbhai Choksi

Nirajbhai Choksi has a net worth of $350 million (2700 Cr) and his company is NJ India Invest in the financial services industry.

6. Savji Dholakia

Savji Dholakia established Hari Krishna Exports, a company engaged in diamond-cutting and exporting. He began working with his uncle, who was already involved in the diamond trade in Surat, after leaving school at the age of 13. His siblings, Himmat and Tulsi, later joined him in Surat and they founded their own diamond enterprise in 1984. Ghanshyam, the youngest brother, joined the business seven years later in 1992.

Company – Hari Krishna Exports Net Worth – $350 Million (2700 Cr) Industry – Jewellery

Mr. Dholakia has gained fame for his generosity towards his employees. He has a history of giving lavish gifts as bonuses, such as gifting over 600 cars to his staff during Diwali in 2018. This was not a one-time occurrence, as he had gifted 400 houses in 2016 and 491 cars in 2015. His reputation for treating his staff well has earned him a place among the most renowned businessmen in Surat, particularly in the diamond industry.

7. Anand Sureshbhai Desai

Anand Sureshbhai Desai is an Indian businessman and the founder of Anupam Rasayan India, a leading producer of specialty chemicals and dyes. With a net worth of $350 million (2400 Cr), he has made significant contributions to the chemicals and petrochemicals industry in India.

8.Himanshu Khushalbhai Patel & family

The Patel family, led by Himanshu Khushalbhai Patel, has a net worth of $350 million (2300 Cr) and owns HLE Glascoat, an industrial products company that specializes in manufacturing glass-lined equipment for the pharmaceutical and chemical industries.

9.Tulsibhai Dholakia

Tulsibhai Dholakia is a co-founder of Hari Krishna Exports, a diamond-cutting and exporting company. Along with his brothers, Savji and Himmat, he started the company in 1984 after joining the diamond trade in Surat with his paternal uncle. The youngest brother, Ghanshyam, joined the company seven years later in 1992. Tulsibhai Dholakia's net worth is estimated to be $350 million (2300 Cr) and the company operates in the jewelry industry.

10.Ajay Kumar Mansukhlal Patel 

Ajay Kumar Mansukhlal Patel is the founder and chairman of Tatva Chintan Pharma Chem, a leading manufacturer of specialty chemicals and pharmaceuticals. His net worth is estimated to be $200 million (1600 Cr), and his company operates in the chemicals and petrochemicals industry.