India is home to some of the world’s most influential and wealthiest individuals. These billionaire titans have amassed incredible fortunes and left indelible marks on the country’s economy and global business landscape. In this list, we’re diving into the top 10 richest person in India. These people have built empires from the ground up, turned innovative ideas into gold mines, and made headlines with their staggering net worths. Ready to meet the faces behind the fortunes? Let’s explore the lives and achievements of India’s financial elites.
Note: This list has been created based on Forbes data!
Table of Contents
1- Mukesh Ambani – $118.0 Billion
The Chairman and CEO of Reliance Industries Ltd, Mukesh Ambani, is currently the wealthiest Asian and Indian with a net worth of $ 118 Billion. Mukesh Ambanni’s RIL operates Bombay High’s world’s largest oil refinery and deals with telecommunications, retail, petrochemicals, oil, and gas. Mr. Dhirubhai Ambani formed Reliance in 1966 as a textile company. After the death of Dhirubhai Ambani in 2002, the company’s fortune was forwarded to his sons Mukesh Ambani and Anil Ambani. While Anil Ambani has failed to preserve his father’s legacy, Mukesh Ambani has taken it to another level.
2-Gautam Adani – $81.2 Billion
As per Forbes’ latest real-time billionaires data, Gautam Adani is in the second place on the list of the top 10 richest person in India. He is the founder and chairman of a multinational company, Adani Group, in Ahmedabad. Gautam Adani owns Mudra Post, India’s biggest port, which is located in Gujarat. The Adani Group has anchored its name in Australian coal mining and runs the Abbot Point project, including Carmichael, the world’s largest coal mine.
3- Savitri Jindal & family- $39.9 Billion
According to Forbes, India’s richest woman, Savitri Jindal, is now ranked 3rd in the list of the top 10 richest person in India with a net worth of $39.9 Billion. She has taken her late husband’s place, Mr Om Prakash Jindal. Apart from steelmaking, The O.P. Jindal Group is involved in power generation, mining, port services, and more.
4-Shiv Nadar- $38.4 Billion
Shiv Nadar started his journey as an IT professional and is now a leading Indian business tycoon. He is the founder of HCL Technologies and Shiv Nadar Foundation and is fourth among the top 10 richest people in India. His company, HCL Technology, has expanded to 50 countries and has more than 1,69,000 employees worldwide. He is one of India’s leading philanthropists, donating more than $662 million to his Shiv Nadar Foundation.
5- Dilip Shanghvi- $29.6 Billion
Honoured with the Padma Shri Award in 2016, Dilip Shanghvi is the founder of Sun Pharmaceuticals. The company has expanded to 150 countries with a headcount of more than 30,000. Dilip Shanghvi ranks fifth in the list of the top 10 richest person in India with a net worth of $29.6 billion. Moreover, with his endeavours and vision, Dilip Shanghvihas made Sun Pharmaceuticals India one of the most valued listed pharmaceutical firms.
6- Cyrus Poonawalla – $24.8 Billion
Chairman and MD of Cyrus Poonawalla Group is Cyrus Poonawalla. His organisation, CPG, includes the world’s biggest vaccine-maker company, the Serum Institute of India. Mr. Poonawalla established the foundation stone of the Serum Institute of India in 1966. The SII has expanded its goals concerning COVID-19 outbreaks and has established new plants to accelerate productivity to cover the boosted demand for COVID-19 vaccines. Cyrus Poonawala is in the sixth position on the list of the top 10 richest person in India, with a net worth of $24.8 billion.Â
7- Kumar Birla – $23.5 Billion
Kumar Birla, a prominent figure in the commodities industry, leads the Aditya Birla Group, which operates in sectors, such as aluminum, cement, and financial services. Birla also served as the non-executive chairman of Vodafone Idea, but he stepped down in 2021 as the company faced increasing debt challenges.
8- Radhakishan Shivkishan Damani – $22.0 Billion
Radhakishan Shivkishan Damani, a notable Indian entrepreneur and investor ranks 8th on our list of top 10 richest person in India. He is celebrated as the founder of Avenue Supermarts Limited, which operates nearly 336 DMart stores across India. Known as India’s retail king, Damani began his journey in Mumbai in 2002. He also manages investment activities through his company, Bright Star Investments Limited.
9 –Kushal Pal Singh – $18.7 Billion
Kushal Pal Singh is next on our list of the top 10 richest person in India, with an approximate valuation of $18.7 Billion. An army veteran, Kushal is the chairman of DLF, India’s largest listed real estate company by market cap. He joined DLF in 1961, and the rest is history. Kushal has been the chairman of the DLF for the last five decades. His son Rajiv Singh Pal operates the Delhi-headquartered DLF and is the chairman of the realty.
10- Ravi Jaipuria – $17.9 Billion
Last on our list of the top 10 richest person in India is Ravi Jaipuria, with a net worth of $17.4 billion. Ravi the owner and chairman of the RJ Corp, is quite popular in the FMCG segment, and is known as the king of soft drinks and fast food brands in India. Under his corporation, Ravi Jaipuriamanages Varun Beverages, which is named after his son and is the largest bottling partner for PepsiCo’s soft drink brands outside the US. He also manages Devyani International, named after his daughter, and operates KFC, Pizza Hut, Costa Coffee, and TWG Tea outlets in India.
Bottom Line
This list is compiled using Forbes’ latest billionaire data, and billionaires’ net worths fluctuate. For more such related updates, stay tuned with us and follow our social media to get notified of our latest blogs and write-ups.
Frequently Asked Questions
How is the net worth of richest people are calculated?
Net worth is generally calculated based on the value of their shareholdings in publicly traded companies, private investments, real estate, and other assets minus any debts or liabilities.
Who are the top 5 richest people in the world?
Elon Musk
Jeff Bezos
Bernard Arnault & family
Mark Zuckerberg
Bill Gates
What is the net worth of the world’s richest person?
Elon Musk is the world’s richest person, with a net worth of $243.7 billion.
What are the common challenges faced by these billionaires in maintaining their wealth?
Challenges include market volatility, regulatory changes, competition, political risks, and the constant need to innovate and diversify their business portfolios.