List of Indians by net worth

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The list of richest Indians by net worth based on an annual assessment of wealth and assets compiled and published by Forbes magazine. As of April 2023, India has 167 billionaires, which put the country third in the world, after the United States and China. [1] Mukesh Ambani, the chairman and largest shareholder of Reliance Industries, has been the richest Indian for 14 consecutive years. [2] He is currently world's 10th richest person in the world according to Forbes. [3] Savitri Jindal is currently India's richest woman, topping the list at 6th position.

Contents

Top 25 richest Indians

The table below lists India's richest people as per their net worth published by the Forbes (April 2024). [4]

RankNameWealth

Change

Net worth (USD)CompanySources of wealth
1 Mukesh Ambani Increase2.svg116 billion Reliance Industries Diversified
2 Gautam Adani Increase2.svg84 billion Adani Group Diversified
3 Shiv Nadar Increase2.svg36.9 billion HCL Technologies IT services and consulting
4 Savitri Jindal Increase2.svg33.5 billion JSW Group

Jindal Steel & Power

Jindal Stainless Limited

Steel, energy, cement and infrastructure
5 Dilip Shanghvi Increase2.svg26.7 billion Sun Pharmaceutical Industries Pharmaceuticals
6 Cyrus Poonawalla Decrease2.svg21.3 billion Serum Institute of India Vaccines
7 Kushal Pal Singh Increase2.svg20.9 billion DLF Real estate
8 Kumar Mangalam Birla Increase2.svg19.7 billion Aditya Birla Group Textiles, telecom, cement
9 Radhakishan Damani Increase2.svg17.6 billion Avenue Supermarts, DMart Investments, retail
10 Lakshmi Mittal Decrease2.svg16.4 billion ArcelorMittal Steel
11 Ravi Jaipuria Increase2.svg16.2 billionRJ CorpFast food
12 Uday Kotak Increase2.svg13.3 billion Kotak Mahindra Bank Banking
13 Azim Premji Increase2.svg12.0 billion Wipro Group IT services and consulting
14 Mangal Lodha Increase2.svg10.4 billion Lodha Group Real Estate
15 Pankaj Patel Increase2.svg9.5 billion Zydus Lifesciences Pharmaceuticals
16 Sunil Mittal Increase2.svg9.2 billion Bharti Enterprises Telecom
17 Rekha Jhunjhunwala Increase2.svg8.5 billionRare EnterprisesInvestments
18 Hasmukh Chudgar & familyIncrease2.svg7.7 billion Intas Pharmaceuticals Pharmaceuticals
19 M. A. Yusuff Ali Increase2.svg7.6 billion LuLu Group International Retail
20 Gopikishan Damani & familyIncrease2.svg7.0 billion Avenue Supermarts, DMart Investments, retail
21 Benu Gopal Bangur Decrease2.svg6.8 billion Shree Cement Cement
22 Vikram Lal Increase2.svg6.7 billion Eicher Motors Automotive
23 Murali Divi & familyDecrease2.svg6.2 billion Divi's Laboratories Pharmaceuticals
24 Rajan Mittal Increase2.svg6.0 billion Bharti Enterprises Telecom
24 Rakesh Mittal Increase2.svg6.0 billion Bharti Enterprises Telecom

Source: Forbes [5]

Top 5 richest Indian women

RankName Net worth (USD)CompanySources of Wealth
1 Savitri Jindal 33.5 billion JSW Group, Jindal Steel & Power Steel, energy, cement and infrastructure
2 Rekha Jhunjhunwala 8.5 billionRare EnterprisesInvestments
3 Vinod Rai Gupta 5.0 billion Havells Manufacturing
4 Renuka Jagtiani 4.8 billion Landmark Group Fashion & Retail
5 Smita Crishna-Godrej 3.8 billion Godrej Group Consumer goods, real estate

Source: Forbes India [5]

See also

Related Research Articles

<span class="mw-page-title-main">Azim Premji</span> Indian business tycoon, investor (born 1945)

Azim Hashim Premji is an Indian businessman and philanthropist, who was the chairman of Wipro Limited. Premji remains a non-executive member of the board and founder chairman. He is informally known as the Czar of the Indian IT Industry. He was responsible for guiding Wipro through four decades of diversification and growth, to finally emerge as one of the global leaders in the software industry. In 2010, he was voted among the 20 most powerful men in the world by Asiaweek. He has twice been listed among the 100 most influential people by Time magazine, once in 2004 and more recently in 2011. For years, he has been regularly listed one among The 500 Most Influential Muslims. He also serves as the Chancellor of Azim Premji University, Bangalore. Premji was awarded Padma Vibhushan, India's second highest civilian award, by the Government of India.

<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 (born 1950)

Lakshmi Niwas Mittal is an 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 businessman (born 1957)

Mukesh Dhirubhai Ambani is an Indian billionaire businessman who is the chairman and managing director of Reliance Industries. He is the richest person in Asia and 9th richest in the world.

<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 listed corporations, including Reliance Capital, Reliance Infrastructure, Reliance Power, and Reliance Communications. Anil's net worth is currently estimated at around $30 million.

<span class="mw-page-title-main">Sunil Mittal</span> Indian industrialist and philanthropist (born 1957)

Sunil Bharti Mittal is an Indian industrialist and philanthropist. He is the founder and chairman of Bharti Enterprises, which has diversified interests in telecom, insurance, real estate, education, malls, hospitality, Agri and food besides other ventures.

<span class="mw-page-title-main">Kushal Pal Singh</span> Indian real estate mogul

Kushal Pal Singh 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 the residence of billionaire Mukesh Ambani and his family. It is located on Billionaires' Row in Mumbai, India. Built from 2006 to 2010 at a cost of nearly US$2 billion, it was valued at US$4.6 billion in 2023. It is one of the most expensive houses or residences in India.

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

Gautam Shantilal Adani is an Indian billionaire businessman who is the founder and chairman of the Adani Group, a multinational conglomerate involved in port development and operations in India. As of 21 November 2024, Adani is ranked second richest person in Asia and 25th in the world, with a net worth of $60 billion. In 2022, Time magazine included him in the 100 most influential people in the world.

<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 2024 and 2019, she was ranked 60th and 54th respectively on the Forbes World's 100 Most Powerful Women. According to IIFL Wealth Hurun India Rich List (2019), she is the richest woman in India. According to Forbes, She has an estimated net worth of US$42 billion as of October 2024 making her one of the richest people in the world.[8]

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.

<i>The Worlds Billionaires</i> Annual ranking of the worlds billionaires by Forbes magazine

The World's Billionaires is an annual ranking of people who are billionaires, i.e., they are considered to have a net worth of US$1 billion or more, by the American business magazine Forbes. The list was first published in March 1987. The total net worth of each individual on the list is estimated and is cited in United States dollars, based on their documented assets and accounting for debt and other factors. Royalty and dictators whose wealth comes from their positions are excluded from these lists. This ranking is an index of the wealthiest documented individuals, excluding any ranking of those with wealth that is not able to be completely ascertained.

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 and businesswoman (born 1964)

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 Limited's chairman and managing director Mukesh Ambani. With a family fortune estimated in excess of US$117.8 billion, the Ambani's 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.

Each year, Forbes India issues a list of India's richest people, called the "India Rich List". Since 2008, [[ ]] has been the richest Indian, with his wealth based in Reliance Industries. except for 2022 where Gautam Adani displaced him.

Radhakishan Shivkishan Damani is an Indian billionaire businessman and investor. He is the founder and chairman of retail chain DMart. Damani is referred to as the "retail king" of India.

Zhong Shanshan is a Chinese entrepreneur.

References

  1. Peterson-Withorn, Chase. "Forbes' 37th Annual World's Billionaires List: Facts And Figures 2023". Forbes. Retrieved 2023-04-10.
  2. Warren, Katie (13 October 2019). "The 15 richest people in India, ranked". Business Insider. Retrieved 2020-12-03.
  3. "Mukesh Ambani becomes world's 5th richest man, fortune swells over $2 billion in a day". India Today. July 22, 2020. Retrieved 2020-12-20.
  4. "Forbes 2024 Billionaires List - The Richest People In The World Ranked". Forbes. Retrieved 2024-12-13.
  5. 1 2 "Forbes Billionaires 2023: The Richest People In The World". Forbes. Retrieved 2023-04-10.