If you’ve ever wondered who the richest person in India is, then you’re not alone. It’s a national pastime to speculate about the wealthiest people in India—who they are, how they make their money, and what they spend it on.
The richest person in India has held this position for years, but that doesn’t mean there aren’t some newcomers on the list who are taking the spotlight from those who have been there before them. If you want to find out more about these new Indian billionaires, keep reading!
1. Gautam Adani ($160.3B)
You’re probably thinking, who actually is Gautam Adani? But trust me, you’ll be hearing a whole lot more about him in the years to come. The chairman and founder of the Adani Group is currently the richest person in India, with a net worth of $160.3 billion only person behind Elon Musk.
Not too shabby, right? Adani got his start in the commodities business and has since diversified into infrastructure, energy, and logistics. Pretty impressive for a guy who’s only 60 years old. So keep an eye on Mr. Gautam Adani, he’s going places.
2. Mukesh Ambani ($97.5B)
Mukesh Ambani is an Indian businessman who runs Reliance Industries Limited (RIL), a multinational conglomerate based in Mumbai. Ambani is currently ranked 8th richest person on Earth by Forbes. At $97.5 billion, Mukesh Ambani is India’s 2nd richest man. He runs Reliance Industries, an energy and manufacturing conglomerate based out of Mumbai.
He inherited his empire from his father Dhirubhai Ambani. He quickly expanded his company into energy exploration and refining. At present, Reliance Industries is one of Asia’s biggest private sector companies. It also owns JIO Services, which was an early entrant in providing 4G services in India. RIL makes everything from pesticides to petroleum products to mobile sim and phones to skyscrapers.
3. Radhakishan Damani ($27.6B)
You may not have heard of Radhakishan Damani, but he’s one of the the richest person in India with a net worth of over $27.6 billion. Damani made his fortune through his investment company, Bright Star Investments Limited, which has holdings in a variety of industries, including retail, pharmaceuticals, and textiles.
Recently, he’s been making a big push into the e-commerce space with his company Avenue Supermarts Ltd., the parent company of the popular DMart retail chain. The stock has been on a tear lately and is up over 200% in the past year.
4. Cyrus Poonawalla ($24.3B)
So, who’s the 4th richest person in India? According to Forbes, it’s Cyrus Poonawalla, with a net worth of $24.3B. Not too shabby! Poonawalla is the chairman and managing director of the Cyrus Poonawalla Group, which includes the Serum Institute of India, the largest maker of vaccines in the world.
He’s also a big philanthropist and has given away millions of dollars to various causes. It’s clear that Poonawalla is a man who knows how to make money and how to give back. Impressive stuff!
5. Shiv Nadar ($23.9B)
You might not know this, but the 5th richest man in India is Shiv Nadar. He’s the founder of HCL Technologies Limited and the Shiv Nadar Foundation, and he currently serves as their chairman. Nadar has a net worth of $23.9B, which is pretty impressive.
But what’s even more impressive is his commitment to philanthropy. The Shiv Nadar Foundation is devoted to education, and they’ve pledged to donate big amounts to various causes over the next 10 years.
6. Savitri Jindal ($16.4B)
You probably don’t know this, but Savitri Jindal is the richest woman in India. She’s also a businesswoman and politician and served as the O.P. Jindal Group’s emeritus chairman. Her net worth is estimated at $16.4B. Not too shabby!
Savitri Jindal is an Indian businesswoman, most famous for being one of the only women in India to have made it into Forbes’ annual list of India’s 10 Richest People. With a net worth of $16.4 billion USD, she ranks sixth on Forbes’ list of richest Indians.
7. Dilip Shanghvi ($15.5B)
You may not have heard of Dilip Shanghvi, but he’s one of the richest people in India. Shanghvi is the founder of Sun Pharmaceuticals, which is the largest drug company in India.
Sun Pharmaceuticals was started by Shanghvi in 1983, and it has since become one of the most successful pharmaceutical companies in the world. With a net worth of $15.5 billion, Shanghvi is currently the seventh richest person in India.
8. Hinduja Brothers ($15.3B)
You might be surprised to know that the Hinduja brothers are the 8th richest people in India. With a net worth of $15.3B, they’re pretty much rolling in cash. But here’s the thing: the Hinduja brothers aren’t just in the business of making money.
They’re also invested in a whole bunch of different industries, from oil and gas to banking and telecom. In fact, they have their fingers in so many pies that it’s hard to keep track! What’s more, they’re always looking for new opportunities to expand their empire. So if you’re looking for some career advice, maybe you should pay the Hinduja brothers a visit!
9. Kumar Birla ($15B)
You may have heard of Kumar Birla, because he’s the chairman of the Aditya Birla Group, one of the largest conglomerates in India. With a net worth of $15 billion, he’s currently the 9th richest person in India. The Aditya Birla Group has interests in a variety of industries, including telecommunications, aluminium, textiles, and pharmaceuticals.
Kumar Birla is known for his focus on sustainable growth, and he’s been quoted as saying, “I firmly believe that sustainable and profitable growth is the only type of growth that is good for both business and society.” It’s clear that Kumar Birla is a man who knows what he wants and how to get it. With a net worth of $15 billion, he’s definitely one to watch in the world of business.
10. Bajaj Family ($14.6B)
Bajaj family, with a $14.6 billion net worth, in India is the 10th wealthiest people in India. The Bajaj family owns the majority of shares in Bajaj Auto Ltd., an Indian manufacturer of motorcycles and auto rickshaws.
With about half of its revenue coming from exports, Bajaj Auto has been one of the top exporters from India. The Bajaj name can be found in a number of industries, including steel and textile manufacturing, automotive parts, and real estate development. Still, it all started with just one person—Jamnalal Bajaj—and his mission to make affordable cotton fabric available to everyone in India.
Among the top 10 richest people in India, there’s a mix of businessmen, industrialists, and entrepreneurs. Interestingly, there is also a woman on the list, proving that Indian women are making their mark in the world of business. The list changes often, so make sure you stay up-to-date on who’s at the top. If you’re curious about who else is making waves in the world of Indian business, take a look at the top 10 richest people in India and see for yourself.