As India’s economy continues to grow rapidly, this may be a question you ponder over again and again. A record number of Indians have been added to Forbes’s global billionaires list for 2023, taking the total to 163 from 165 last year. You can check the Top 10 Richest People In India 2024 here.
In this post, we bring to you a list of the top 10 richest people in India using TheTeamBillionaire real-time billionaires ranking that puts you in touch with billionaires around the world.
Top 10 Richest Man In India
| Name & India Rank | Global Rank | Net worth (US$) | Company |
|---|---|---|---|
| #1 Mukesh Ambani | 11 | $109.6 B | Reliance Industries |
| #2 Gautam Adani | 16 | $78.9 B | Adani Group |
| #3 Shiv Nadar | 42 | $35.4 B | HCL Technologies |
| #4 Savitri Jindal & family | 53 | $29.2 B | JSW Group |
| #5 Cyrus Poonawalla | 67 | $25.3 B | Serum Institute of India |
| #6 Dilip Shanghvi | 83 | $23.2 B | Sun Pharmaceutical Industries Ltd |
| #7 Kumar Birla | 95 | $19.7 B | Aditya Birla Group |
| #8 Kushal Pal Singh | 102 | $17.6 B | DLF Limited |
| #9 Lakshmi Mittal | 107 | $16.8 B | ArcelorMittal |
| #10 Radhakishan Damani | 105 | $16.6 B | DMart, Avenue Supermarts |
1.Mukesh Ambani
Mukesh Ambani, CEO and Chairman of Reliance Industries, is the richest man in India. Ambani’s three children, Akash, Anant and Isha, are actively involved in the management divisions of the group. According to Forbes magazine, the total assets of Reliance Industries are more than Rs 8 lakh crore ($104 billion). It is involved in various sectors like petrochemicals, oil and gas, retail, telecommunications, and much more.
- Age: 66 Years
- Net Worth: $90.1 B
- Source of Wealth: Reliance Industries Ltd
- RESIDENCE: MUMBAI
2.Gautam Adani
Indian billionaire industrialist Gautam Shantilal Adani is best known as the founder and chairman of the Adani Group, a multinational conglomerate involved in port operations and development within India. The group’s business interests span across a number of industries such as ports, airports, power generation and transmission, and green energy. Adani is recognized as India’s largest airport operator and also controls Gujarat’s Mundra Port, the country’s largest.
- Age: 61 Years
- Net Worth: $52.4 B
- Source of Wealth: Adani Group
- RESIDENCE: AHMEDABAD
3.Shiv Nadar
Shivnadar is the owner of HCL Group. HCL has well-known customers like Cisco, Microsoft and Boeing. In recognition of his outstanding contribution to the field of information technology, the Government of India in 2008 awarded him the Padma Bhushan, India’s honorary third highest civilian distinction .
- Age: 78 Years
- Net Worth: $31.6 B
- Source of Wealth: HCL Enterprise
- RESIDENCE: DELHI
4.Savitri Jindal & family
Savitri Jindal is an Indian politician and entrepreneur, who holds the prestigious position of Emeritus Chair of OP in the Jindal Group. The business is managed by his four sons: Prithviraj, Sajjan, Ratan and Naveen Jindal.Additionally, JSW Sports, the sports arm of the JSW Group, operates as part of a company that spans across India, the US, South America, Europe and Africa and aims to actively contribute to the vibrant sports programming in India. Is. , , , Savitri Jindal is the richest woman in India.
- Age: 73 Years
- Net Worth: $27.2 B
- Source of Wealth: O.P. Jindal Group
- RESIDENCE: Jindal House
5.Cyrus Poonawalla
Cyrus Poonawalla, a leading player in the vaccine industry in India, remains a major beneficiary of expanding sales and revenues through a privately owned Indian serum company, which his son Adar helps him look after. The headquarters of the institute is in Pune. Notably, Serum holds the coveted title of being the world’s leading vaccine company. Cyrus Poonawalla’s recent rise in wealth can be largely attributed to the widespread use of SII-made COVID-19 drugs.
- Age: 82 Years
- Net Worth: $23.2 B
- Source of Wealth: Serum Institute of India
- RESIDENCE: PUNE
6.Dilip Shanghvi
Dilip Shanghvi is a prominent Indian business executive and the visionary behind Sun Pharmaceutical Industries, India’s leading pharmaceutical company, valued at $5 billion. He has grown Sun through a series of acquisitions, the largest of which was the $4 billion purchase of scandal-tainted rival Ranbaxy Laboratories in 2014.
- Age: 67 Years
- Net Worth: $19.8 B
- Source of Wealth: Sun Pharmaceuticals
- RESIDENCE: MUMBAI
7.Radhakishan Shivkishan Damani
Indian entrepreneur and investor Radhakishan Shivkishan Damani is best known as the founder of Avenue Supermarts Limited, which runs over 200 DMart stores in India in addition to running his investment business through his company Bright Star Investments Limited.
- Age: 68 Years
- Net Worth: $18.6 B
- Source of Wealth: Avenue Supermarts Limited
- RESIDENCE: MUMBAI
8.Kumar Birla
Kumar Birla, recognized as a leader in the commodities industry, takes over the leadership of the Aditya Birla Group. Besides being involved in the aluminum and cement industry, the group also provides financial services. Birla also served as non-executive chairman of Vodafone Idea telecom company; However, he retired in 2021 when the debt grew. For 2023, the company has appointed Birla as a non-executive director.
- Age: 56 Years
- Net Worth: $18.8 B
- Source of Wealth: Hindalco Industries
- RESIDENCE: MUMBAI
9.Lakshmi Mittal
Lakshmi Mittal is currently the Chairman and CEO of ArcelorMittal, known as the world’s largest steel maker. In 2019, in partnership with Nippon Steel, ArcelorMittal successfully acquired Essar Steel, previously owned by Shashi and Ravi Ruia, for $5.9 billion. In 2021, Mittal retained the executive chairmanship of ArcelorMittal and handed over the CEO role to his son Aditya Mittal.
- Age: 73 Years
- Net Worth: $16.2 B
- Source of Wealth: ArcelorMittal
- RESIDENCE: LONDON
10.Kushal Pal Singh
Property tycoon Kushal Pal Singh is the chairman emeritus of DLF, India’s largest listed real estate company by market cap. Singh is an army veteran. He joined DLF, the company started by his father-in-law, in 1961 and served as its chairman for more than five decades.
- Age: 92
- Net Worth: $13.7 B
- Source of Wealth: DLF Limited
- RESIDENCE: Delhi
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