Top 10 Richest people In India

Top 10 Richest People In India

Business

As India’s GDP is growing at a rapid pace, the number of richest people in India is also increasing. Currently, India has the third highest number of billionaire people in the world. According to Fortune India’s list of richest people, India has 142 billionaire people with a combined net worth of $832 billion (Rs 66.36 trillion).

Gautam Adani is leading the race of the richest Billionaire in India with an estimated net worth of $135.9 Billion. He is also named Asia’s richest billionaire. Following Gautam Adani, Mukesh Ambani is the second richest person in the world. Let’s see the entire list of the Top 10 Richest People In India:

10. Kumar Birla 

  • Net Worth: $15.2 Billion 
  • Source: Aditya Birla Group
  • Age: 55

Kumar Birla is the tenth richest billionaire in India with a net worth of $15.2 Billion. The Head of the Aditya Birla Group, Kumar Birla is also known as the ‘Commodities King’. Kumar was just 28 years old when he held the entire responsibilities of Birla’s business empire after the demise of his father. He belongs to the fourth generation and presides over the Birla Business which generates $45 billion in revenue.  

Aditya Birla Group offers telecom and financial services. After the merger of Vodafone India and Idea Cellular, Kumar Birla stepped down as the Chairman of Vodafone in 2021. In addition to this, the group also deals in the aluminium and cement business. 

richest people in India | Kumar Birla
Source: Aditya Birla Group

9. Sunil Mittal And Family

  • Net Worth: $15.6 Billion
  • Source: Bharti Enterprise
  • Age: 65

The telecom tycoon, Sunil Mittal is the Founder and Chairperson of Bharti Enterprise. Sunil is the first generation entrepreneur who owned India’s one of the leading telecom companies, Bharti Airtel (a flagship company of Bharti Enterprise). Sunil Bharti Mittal is the recipient of the highest civilian honour, Padma Bhushan for demonstrating distinguished services of a high order.

Along with exhibiting exceptional entrepreneurial skills, Sunil Mittal is also a great philanthropist and pledged to donate $1.1 billion with his brother to their charitable foundation. And this money will be used to set up a new university to provide quality and free education to people. 

richest people in India | Sunil Mittal
Source: Bharti Enterprise

8. Lakshmi Mittal

  • Net Worth: $15.9 Billion
  • Source: ArcelorMittal (ADR)
  • Age: 72

The Executive Chairman of ArcelorMittal, Lakshmi Mittal is the eighth-richest billionaire in India. His company ArcelorMittal is India’s largest steel and mining company in terms of output and generates a revenue of $76.6 billion. In 2021, Lakshmi Mittal stepped down as the CEO of the company and handed over the position to his son Aditya Mittal. 

Lakshmi Mittal is an eminent global businessman who serves many advisory councils as a board member. Lakshmi Mittal and his wife, Usha Mittal are actively engaged in philanthropic activities for the betterment of society. They work specifically in the field of child health and education. 

richest people in India | Lakshmi Mittal
Source: ArcelorMittal

7.  Dilip Shanghvi

  • Net Worth: $16.4 Billion
  • Source: Sun Pharmaceutical Industries
  • Age: 67

Dilip Shangavi is the Managing Director of the leading pharmaceutical company in India, Sun Pharmaceutical. He started his company with only $200 which his father gave him. And with his excellent business strategies, Dilip Shanghvi turns those $200 into the biggest pharmaceutical company in the country and clocking in annual revenue of $4.5 billion. 

Dilip said “Our story is all about incremental growth. We’re not looking for big leaps; we prefer small jumps.” With this belief, Dilip drives the growth of Sun Pharma through various acquisitions, the most prominent of which was Ranbaxy Laboratories for $4 billion in 2014.

richest people in India | Dilip Shangavi
Source: Fortune India

6. Savitri Jindal And Family

  • Net Worth: $17.3 Billion 
  • Source: Jindal Steel & Power Limited
  • Age: 72 

Savitri Jindal is the only woman in the list of the top 10 richest people in India. Savitri is the Chairperson Emeritus of Jindal Steel & Power Limited and is a great example of women’s empowerment in a world which is dominated by men. She took command of the company after her husband, Om Prakash Jindal’s demise in 2005.

Jindal and Group’s business include steel, power, cement, and infrastructure. The journey of Savitri from being a housewife to stepping out of the domestic threshold to enter the family business is truly inspiring. In the last two years, her net worth rose significantly to $12 billion and making her the richest woman in India. Savitri is also the Richest Woman in Asia with a net worth of $17.3 Billion. 

richest people in India | Savitri Jindal
Source: Forbes

5. Radhakishan Damani

  • Net Worth: $17.9 Billion 
  • Source: DMart
  • Age: 67

The Retail King of India, Radhakishan Damani is the Founder of a supermarket chain, DMart. There is a total of 284 DMart stores in India available in 11 states. Because of his introverted nature, Radhakishan prefers to stay away from the limelight of the media and hardly makes any public appearances.  

Before the inception of DMart, Radhakishan was an investor and was considered the undefeated king of the Stock Market. It was Radhakishan Damani who popularised the concept of short selling of stock in India. He was also the mentor of Rakesh Jhujhunwala

richest people in India | Radhakishan Damani
Source: Mint

4. Cyrus Poonawalla

  • Net Worth: $21.6 Billion
  • Source: Serum Institute of India
  • Age: 81

Cyrus Poonawalla stands at the fourth position in the list of the richest billionaires in India with a net worth of $21.6 billion. Cyrus laid the foundation of Serum Institute of India in 1966 which is now India’s top biotech company and the world’s largest vaccine maker. Serum Institue produces over 1.3 billion doses in a year that is supplied globally.

Cyrus Poonawalla started his business by building sports cars and then later went on to build a vaccine to make immunisation available for all. In 2022, the government of India awarded Cyrus Padma Bhushan, one of the highest civilian honours.     

richest people in India | Cyrus Poonawalla
Source: The Hindu Business

3. Shiv Nadar

  • Net Worth: $25.7 Billion
  • Source: HCL
  • Age: 77

Shiv Nadar is a visionary businessman and a great philanthropist and is India’s third-richest billionaire. Shiv co-founded his company HCL in 1976 to make microprocessors and calculators. And today, the same company is India’s largest software service provider with an estimated revenue of $11.5 billion. Shiv handed over the position of Chairman of HCL Technologies to his daughter Roshni Nadar in July 2021. 

Shiv Nadar is named India’s ‘Most Generous Philanthropist’ who donated Rs. 3 crores per day. Till, now Shiv donated $662 million to his foundation, Shiv Nadar Foundation to support the education of underprivileged children. 

richest people in India | Shiv Nadar
Source: Shiv Nadar Foundation

2. Mukesh Ambani 

  • Net Worth: $91.3 Billion
  • Source: Reliance Industries
  • Age: 65

With a total net worth of $91.3 Billion, Mukesh Ambani is India’s 2nd richest and the world’s 8th richest billionaire. Mukesh Ambani took command of Reliance Industries in 1966 after the demise of his father, Dhirubhai Ambani. Currently, Mukesh Ambani is the chairman of Reliance which deals in diverse businesses including petrochemicals, gas, oil, retail and telecom and runs a revenue of $104 billion.  

Through Reliance, Mukesh Ambani is transforming the world of green energy. The company lays future plans to invest $80 billion over the next 10-15 years. Quite recently, Mukesh Ambani announced the succession plan of Reliance in which he handed over the Reliance Jio to Akash Ambani, the Retail Business to Isha Ambani and the New Energy Business to the younger son Anant. 

richest people in India | Mukesh Ambani
Source: Forbes

1. Gautam Adani

  • Net Worth: $135.9 Billion
  • Source: Adani Group
  • Age: 60

The Founder and Chairman of the Adani Group, Gautam Adani is the richest billionaire in India and also in entire Asia. With a net worth of $135.9 Billion, Adani stands tall in the 3rd position in the Forbes list of the richest billionaire in the world. The companies under the flagship of the Adani Group indulge in various industries including edible oils, ports, Airports, power generation, green energy, real estate, cement and many others earning profits of around $21 billion. 

Not many people know that Gautam Adani is a college dropout who started his career journey with diamond brokering and soon become a millionaire. Gautam Adani was also one of those people who survived the terrorist attacks in 2008 at the Taj Mahal Palace Hotel. 

richest people in India | Gautam Adani
Source: Financial Times

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