Indian Billionaires Hunker Down in Safety Bubbles as Virus Rages

  • Richest man Ambani has shifted from Mumbai to Gujarat home
  • India is battling the world’s fastest-growing Covid outbreak
Mobius Backs Indian Stocks Even Amid Covid Crisis
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Some of India’s richest people are forming bubbles with their families and staff, while others are leaving for homes outside of major cities as a virus resurgence overwhelms the country’s medical system and spurs other nations to shut out Indian travelers.

“I’ve been indoors with my family and our staff, that’s my story,” said Kris Gopalakrishnan, one of the billionaire-cofounders of IT giant Infosys Ltd. who now runs a Bangalore-based venture to support startups. The group are shunning outside contact and only eating home-cooked meals, he said.