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.
Year | Richest | Net worth in US$ | Second richest | Net worth in US$ | Source |
---|---|---|---|---|---|
2024 | Mukesh Ambani | 116 billion | Gautam Adani | 84 billion | [5] |
2023 | Mukesh Ambani | 92 billion | Gautam Adani | 68 billion | [6] |
2022 | Gautam Adani | 150 billion | Mukesh Ambani | 88 billion | [7] |
2021 | Mukesh Ambani | 92.7 billion | Gautam Adani | 74.8 billion | [8] |
2020 | Mukesh Ambani | 88.7 billion | Gautam Adani | 25.2 billion | [9] |
2019 | Mukesh Ambani | 51.4 billion | Gautam Adani | 15.7 billion | [10] |
2018 | Mukesh Ambani | 47.3 billion | Azim Premji | 21 billion | [11] |
2017 | Mukesh Ambani | 38 billion | Azim Premji | 19 billion | [12] |
2016 | Mukesh Ambani | 22.7 billion | Dilip Shanghvi | 16.9 billion | [13] |
2015 | Mukesh Ambani | 18.9 billion | Dilip Shanghvi | 18 billion | [14] |
2014 | Mukesh Ambani | 23.6 billion | Dilip Shanghvi | 18 billion | [15] |
2013 | Mukesh Ambani | 21 billion | Lakshmi Mittal | 16 billion | [16] |
2012 | Mukesh Ambani | 21 billion | Lakshmi Mittal | 16 billion | [17] |
2011 | Mukesh Ambani | 22.6 billion | Lakshmi Mittal | 19.2 billion | [18] |
2010 | Mukesh Ambani | 27 billion | Lakshmi Mittal | 26.1 billion | [19] |
2009 | Mukesh Ambani | 32 billion | Lakshmi Mittal | 30 billion | [20] |
2008 | Lakshmi Mittal | 45 billion | Mukesh Ambani | 43 billion | [21] |
2007 | Lakshmi Mittal | 32 billion | Mukesh Ambani | 20.1 billion | [22] |
2006 | Mukesh Ambani | 16.56 billion | Azim Premji | 12.89 billion | [23] |
2005 | Lakshmi Mittal | 25 billion | Azim Premji | 9.3 billion | [24] |
2004 | Lakshmi Mittal | 11.2 billion | Azim Premji | 10 billion | [25] |
2003 | Azim Premji | 5.9 billion | Kumar Mangalam Birla | 2.4 billion | [26] |
2002 | Azim Premji | 6.4 billion | Kumar Mangalam Birla | 2.1 billion | [27] |
2001 | Azim Premji | 6.9 billion | Dhirubhai Ambani | 3.4 billion | [28] |
2000 | Azim Premji | 6.9 billion | Dhirubhai Ambani | 6.6 billion | [29] |
1999 | Azim Premji | 2.8 billion | Lakshmi Mittal | 1.9 billion | [30] |
1998 | Lakshmi Mittal | 3.5 billion | Dhirubhai Ambani | 1.5 billion | [31] |
1997 | Lakshmi Mittal | 1.9 billion | Dhirubhai Ambani | 1.2 billion | [32] |
1996 | Kumar Mangalam Birla | 2.1 billion | Lakshmi Mittal | 1.5 billion | [33] |
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.
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.
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