Forbes India's richest Indian by year

Last updated

Each year, Forbes India issues a list of India's richest people, called the "India Rich List". [1] [2] Since 2008, Mukesh Ambani has been the richest Indian, with his wealth based in Reliance Industries. [3] [4] but after that Gautam Adani displaced Mukesh Ambani as the richest Indian.

List

YearRichestNet worth in US$ Second richestNet worth in US$Source
2024 Mukesh Ambani 116 billion Increase2.svg Gautam Adani 84 billion Increase2.svg [5]
2023Mukesh Ambani92 billion Increase2.svgGautam Adani68 billion Decrease2.svg [6]
2022Gautam Adani150 billion Increase2.svgMukesh Ambani88 billion Decrease2.svg [7]
2021Mukesh Ambani92.7 billion Increase2.svgGautam Adani74.8 billion Increase2.svg [8]
2020Mukesh Ambani88.7 billion Increase2.svgGautam Adani25.2 billion Increase2.svg [9]
2019Mukesh Ambani51.4 billion Increase2.svgGautam Adani15.7 billion Increase2.svg [10]
2018Mukesh Ambani47.3 billion Increase2.svg Azim Premji 21 billion Increase2.svg [11]
2017Mukesh Ambani38 billion Increase2.svgAzim Premji19 billion Increase2.svg [12]
2016Mukesh Ambani22.7 billion Increase2.svg Dilip Shanghvi 16.9 billion Decrease2.svg [13]
2015Mukesh Ambani18.9 billion Decrease2.svgDilip Shanghvi18 billion Steady2.svg [14]
2014Mukesh Ambani23.6 billion Increase2.svgDilip Shanghvi18 billion Decrease2.svg [15]
2013Mukesh Ambani21 billion Steady2.svg Lakshmi Mittal 16 billion Steady2.svg [16]
2012Mukesh Ambani21 billion Decrease2.svgLakshmi Mittal16 billion Decrease2.svg [17]
2011Mukesh Ambani22.6 billion Decrease2.svgLakshmi Mittal19.2 billion Decrease2.svg [18]
2010Mukesh Ambani27 billion Decrease2.svgLakshmi Mittal26.1 billion Decrease2.svg [19]
2009Mukesh Ambani32 billion Decrease2.svgLakshmi Mittal30 billion Decrease2.svg [20]
2008Lakshmi Mittal45 billion Increase2.svgMukesh Ambani43 billion Increase2.svg [21]
2007Lakshmi Mittal32 billion Increase2.svgMukesh Ambani20.1 billion Increase2.svg [22]
2006Mukesh Ambani16.56 billion Increase2.svgAzim Premji12.89 billion Increase2.svg [23]
2005Lakshmi Mittal25 billion Increase2.svgAzim Premji9.3 billion Decrease2.svg [24]
2004Lakshmi Mittal11.2 billion Increase2.svgAzim Premji10 billion Increase2.svg [25]
2003Azim Premji5.9 billion Decrease2.svg Kumar Mangalam Birla 2.4 billion Increase2.svg [26]
2002Azim Premji6.4 billion Decrease2.svgKumar Mangalam Birla2.1 billion Increase2.svg [27]
2001Azim Premji6.9 billion Steady2.svg Dhirubhai Ambani 3.4 billion Decrease2.svg [28]
2000Azim Premji6.9 billion Increase2.svgDhirubhai Ambani6.6 billion Increase2.svg [29]
1999Azim Premji2.8 billion Increase2.svgLakshmi Mittal1.9 billion Decrease2.svg [30]
1998Lakshmi Mittal3.5 billion Increase2.svgDhirubhai Ambani1.5 billion Increase2.svg [31]
1997Lakshmi Mittal1.9 billion Increase2.svgDhirubhai Ambani1.2 billion Increase2.svg [32]
1996Kumar Mangalam Birla2.1 billion Increase2.svgLakshmi Mittal1.5 billion Increase2.svg [33]

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<span class="mw-page-title-main">Reliance Industries</span> Indian multinational conglomerate

Reliance Industries Limited is an Indian multinational conglomerate headquartered in Mumbai. Its businesses include energy, petrochemicals, natural gas, retail, entertainment, telecommunications, mass media, and textiles. Reliance is the largest public company in India by market capitalisation and revenue, and the 100th largest company worldwide. It is India's largest private tax payer and largest exporter, accounting for 7% of India's total merchandise exports. The company has relatively little free cash flow and high corporate debt.

<span class="mw-page-title-main">Billionaire</span> Person who has at least one billion units of a currency

A billionaire is a person with a net worth of at least one billion units of a given currency, usually of a major currency such as the United States dollar, euro, or pound sterling. It is a sub-category of the concept of the ultra high-net-worth individual. The American business magazine Forbes produces a global list of known U.S. dollar billionaires every year and updates an internet version of this list in real time. The American oil magnate John D. Rockefeller became the world's first confirmed U.S. dollar billionaire in 1916.

<span class="mw-page-title-main">Lakshmi Mittal</span> Indian steel magnate

Lakshmi Niwas Mittal is Indian steel magnate, based in the United Kingdom. He is the executive chairman of ArcelorMittal, the world's second largest steelmaking company, as well as chairman of stainless steel manufacturer Aperam. Mittal owns 38% of ArcelorMittal and holds a 3% stake in EFL Championship side Queens Park Rangers.

<span class="mw-page-title-main">Mukesh Ambani</span> Indian billionaire (born 1957)

Mukesh Dhirubhai Ambani is an Indian businessman and the chairman and managing director of Reliance Industries. With an estimated net worth of $113.7 billion as of March 2024, he is the richest person in Asia and 11th richest in the world. Sometimes characterized as a plutocrat, he has attracted both fame and notoriety for reports of market manipulation, political corruption, cronyism, and exploitation.

<span class="mw-page-title-main">Anil Ambani</span> Indian businessman (born 1959)

Anil Dhirubhai Ambani is an Indian businessman, chairman and managing director of Reliance Group. The Reliance Group was created in July 2006 following a demerger from Reliance Industries Limited. He led several stocks listed corporations including Reliance Capital, Reliance Infrastructure, Reliance Power and Reliance Communications.

Kushal Pal Singh Tewatia is an Indian billionaire real estate developer, and the chairman and CEO of real estate developer DLF Limited, founded by his father-in-law Chaudhary Raghvender Singh. DLF holds an estimated 10,255 acres (42 km2) of land, with about 3,000 acres (12 km2) in Gurugram, called DLF City.

<span class="mw-page-title-main">Antilia (building)</span> Skyscraper mansion in Mumbai, India

Antilia is a $4.6 billion private residence in the billionaires row of Mumbai, India, named after an island from 15th century Spanish tales of the Atlantic Ocean Antillia. It is the residence of the Indian billionaire Mukesh Ambani and his family.

<span class="mw-page-title-main">Gautam Adani</span> Indian billionaire industrialist (born 1962)

Gautam Shantilal Adani is an Indian billionaire business magnate who is the founder and chairman of the Adani Group, a multinational conglomerate involved in port development and operations in India.

<span class="mw-page-title-main">Roshni Nadar</span> Indian businesswoman

Roshni Nadar Malhotra is an Indian billionaire businesswoman and philanthropist and the chairperson of HCL Technologies. She is the first woman to lead a listed IT company in India. She is the only child of HCL Group founder and billionaire businessman Shiv Nadar. In 2019, she is ranked 54th on the Forbes World's 100 Most Powerful Women list. According to IIFL Wealth Hurun India Rich List (2019), she is the richest woman in India.

Mukesh Wadhumal "Micky" Jagtiani was an Indian billionaire businessman based in the United Arab Emirates, and was the chairman and owner of the Dubai-based Landmark Group.

Hill Grange High School was a private school for boys and girls located on Pedder Road, Mumbai, Maharashtra, India.

<span class="mw-page-title-main">Nita Ambani</span> Indian philanthropist (born 1963)

Nita Ambani is an Indian philanthropist and businesswoman. She is the chairperson and founder of the Reliance Foundation, Dhirubhai Ambani International School and a director of Reliance Industries. She is married to Reliance Industries chairman and managing director Mukesh Ambani. With a family fortune estimated in excess of US$117.8 billion, the Ambanis are among the richest in the world. She is also an art collector and the owner of the Indian Premier League cricket team Mumbai Indians.

Radhakishan Shivkishan Damani is an Indian billionaire businessman and investor, He is the founder and chairman of retail chain Avenue Supermarts Limited. Damani is often referred to as the Retail King of India.

Zhong Shanshan is a Chinese entrepreneur.

Falguni Sanjay Nayar is an Indian billionaire businesswoman, who is the founder and CEO of the beauty and lifestyle retail company Nykaa, formally known as FSN E-Commerce Ventures which is an acronym of her own name. Nayar is one of two self-made female Indian billionaires.

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