Who are the top 10 richest people in India? India’s booming economy may lead you to ponder this query regularly: a remarkable 200 Indians have secured spots on Forbes’ 2024 World’s Billionaires list. Unsurprisingly, Mukesh Ambani leads the pack, with other notable figures such as Gautam Adani and Shiv Nadar making appearances.
Top 10 Richest People In India 2024
Global Rank | Net worth (US$) | Company | |
#1 Mukesh Ambani | 9 | $116 B | Reliance Industries |
#2 Gautam Adani | 17 | $84 B | Adani Group |
#3 Shiv Nadar | 39 | $36.9 B | HCL Technologies |
#4 Savitri Jindal & family | 46 | $32.4 B | JSW Group |
#5 Dilip Shanghvi | 69 | $26.9 B | Sun Pharmaceutical Industries Ltd |
#6 Cyrus Poonawalla | 90 | $21.3 B | Serum Institute of India |
#7 Kushal Pal Singh | 92 | $20.9 B | DLF Limited |
#8 Kumar Birla | 98 | $19.7 B | Aditya Birla Group |
#9 Radhakishan Damani | 107 | $17.6 B | DMart, Avenue Supermarts |
#10 Lakshmi Mittal | 113 | $16.4 B | ArcelorMittal |
See more
1. Mukesh Ambani
- Age: 66 Years
- Source of Wealth: Reliance Industries Ltd
Mr. Mukesh Ambani, the Chairman and Managing Director of Reliance Industries, holds the title of India’s richest person. According to Forbes, Reliance Industries generates a revenue exceeding Rs 9.03 lakh crore ($109.4 billion) and operates across various sectors including petrochemicals, oil and gas, retail, and telecommunications. Ambani’s offspring, Akash, Anant, and Isha, play key roles in overseeing distinct segments of the conglomerate.
Who is Mukesh Ambani?
Mukesh Dhirubhai Ambani is an Indian businessman and the chairman and managing director of Reliance Industries. With an estimated net worth of $123.3 billion as of July 2024, he is the richest person in Asia and 11th richest in the world.
Born: 19 April 1957 (age 67 years), Aden, Yemen
Net worth: 12,370 crores USD (2024) Forbes
Children: Anant Ambani, Akash Ambani, Isha Ambani
Spouse: Nita Ambani (m. 1985)
Siblings: Anil Ambani, Nina Kothari, Deepti Salgaocar
Parents: Dhirubhai Ambani, Kokilaben Ambani
Grandchildren: Krishna piramal, Veda Akash Ambani
2. Gautam Adani
- Age: 61 Years
- Source of Wealth: Adani Group
Gautam Shantilal Adani, an esteemed Indian billionaire industrialist, is famous for being the creator and leader of the Adani Group, a global conglomerate primarily engaged in port operations and development in India. Founded by Gautam Adani in 1996, the Adani Foundation has his wife, Priti Adani, in the role of chairperson. The group’s business activities span across sectors such as ports, airports, power generation and transmission, as well as renewable energy. Adani is acknowledged as the largest airport operator in India and also oversees the operations of Gujarat’s Mundra Port, the largest in the country.
In January 2023, Hindenburg Research, a U.S. company, alleged Adani and his enterprises of financial misconduct and manipulation of the stock market. Following the publication of the report, the shares of Adani Group companies have plummeted significantly, resulting in a loss of more than $120 billion in their market capitalization.
Who is Gautam Adani?
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.
Born: 24 June 1962 (age 62 years), Ahmedabad
Net worth: 8,340 crores USD (2024) Forbes
Organizations founded: Adani Group, Adani Enterprises, MORE
Children: Karan Adani, Jeet Adani
Spouse: Priti Adani (m. 1986)
Parents: Shantaben Adani, Shantilal Adani
Education: Gujarat University, Sheth C N Vidyalaya
3. Shiv Nadar
- Age: 78 Years
- Source of Wealth: HCL Enterprise
Shiv Nadar owns the HCL group, which counts Cisco, Microsoft, and Boeing among its prestigious clients. For his significant achievements in the IT sector, Mr. Nadar received the Padma Bhushan award from the Indian government in 2008. He is also recognized as a respected philanthropist, having donated Rs 2,042 crore in late 2023.
Who is Shiv Nadar?
Shiv Nadar is an Indian billionaire businessman and philanthropist. He was the founder and chairman of HCL Technologies, and is chairman of the Shiv Nadar Foundation. Nadar founded HCL in the year 1976 and transformed the IT hardware company into an IT enterprise over the next three decades.
Born: 14 July 1945 (age 79 years), Moolaipozhi
Education: PSG College Of Technology – (1967), MORE
Net worth: 3,500 crores USD (2024) Forbes
Organizations founded: Shiv Nadar University, HCLTech, MORE
Spouse: Kiran Nadar
Children: Roshni Nadar
Award: Padma Bhushan (2008)
4. Savitri Jindal & family
- Age: 74 Years
- Source of Wealth: O.P. Jindal Group
Savitri Jindal, the wealthiest woman in India, serves as an Indian politician and entrepreneur in the distinguished role of emeritus chair at the O.P. Jindal Group. Her four sons – Prithviraj, Sajjan, Ratan, and Naveen Jindal – oversee the different sectors of the company. Additionally, JSW Sports, the sports arm of the JSW Group, functions as a part of the conglomerate with a presence across India, the USA, South America, Europe, and Africa. The primary goal is to actively contribute to nurturing a dynamic sports environment in India.
5. Dilip Shanghvi
- Age: 68 Years
- Source of Wealth: Sun Pharmaceuticals
Dilip Shanghvi is a well-known Indian entrepreneur who founded Sun Pharmaceutical Industries, the first Indian pharmaceutical company to reach a $5 billion valuation. He expanded Sun primarily through acquisitions, notably acquiring Ranbaxy Laboratories for $4 billion in 2014.
6. Cyrus Poonawalla
- Age: 82 Years
- Source of Wealth: Serum Institute of India
Cyrus Poonawalla, a key player in vaccine development in India, is the main benefactor of the growing sales and profits of the privately owned Serum Institute of India. His son Adar aids in managing the institute based in Pune, which holds the esteemed position of the world’s largest vaccine producer. The surge in Cyrus Poonawalla’s wealth is largely due to the extensive use of SII’s Covid-19 vaccines.
7. Kushal Pal Singh
- Age: 92
- Source of Wealth: DLF Limited
Kushal Pal Singh, a property tycoon, serves as chairman emeritus of DLF, the largest publicly traded real estate company in India by market capitalization. Singh, an ex-army personnel, became part of DLF, a firm established by his father-in-law, in 1961, holding the position of chairman for over fifty years.
8. Kumar Birla
- Age: 56 Years
- Source of Wealth: Hindalco Industries
Kumar Birla is a well-known figure in the commodities field and leads the Aditya Birla Group, which is active in aluminum, cement, and financial services. He previously served as the non-executive chairman of Vodafone Idea but resigned in 2021 due to financial challenges. In 2024, he was appointed as a non-executive director. Birla’s children, Ananya and Aryaman, have recently joined the boards of his key companies, expected to contribute new perspectives and enthusiasm to the business.
9. Radhakishan Shivkishan Damani,
- Age: 69 Years
- Source of Wealth: Avenue Supermarts Limited
Radha Kishan Shiv Kishan Damani, a notable Indian entrepreneur and investor, is famous for establishing Avenue Supermarts Limited, the operator of over 300 DMart outlets in India. Moreover, he manages his investment endeavors through Bright Star Investments Limited.
10. Lakshmi Mittal
- Age: 73 Years
- Source of Wealth: ArcelorMittal
Lakshmi Mittal serves as the present Chairman and CEO of ArcelorMittal, recognized as the leading global steel producer. ArcelorMittal, in partnership with Nippon Steel, successfully purchased Essar Steel for $5.9 billion in 2019, a company formerly possessed by Shashi and Ravi Ruia. In 2021, Mittal delegated the CEO position to his son, Aditya Mittal, while retaining his role as the executive chairman of ArcelorMittal. The recent invasion of Ukraine by Russia resulted in ArcelorMittal halting operations at its Kryvyi Rih plant in Ukraine.
Who is India’s first billionaire?
Nizam Ali from Hyderabad, acknowledged as the initial Indian billionaire, was honored by Time magazine in 1937 as “The Wealthiest Man on the Globe.” Sources indicate that significant riches are still held in an English bank, amounting to more than Rs 3 billion.
Who is the richest person in India in 2024?
Mukesh Ambani, with a net worth of $117.5 billion, holds the title of the richest person in India.
How many billionaires are there in India?
India has a significant amount of billionaires, with Mumbai having 56, Delhi with 37, and Bengaluru with 17, among others.
Who are the top 10 richest women in India?
The top 10 richest women in India as of July 2024 are:
1 Savitri Jindal
2 Rekha Jhunjhunwala
3 Vinod Rai Gupta
4 Anu Aga
5 Renuka Jagtiani
6 Smita Crishna-Godrej
7 Kiran Mazumdar-Shaw
8 Radha Vembu
9 Falguni Nayar
10 Leena Tewari
2. Who are the top 10 richest people in the world?
The top 10 richest people in the world (as of July 2024) are:
1 Elon Musk
2 Jeff Bezos
3 Bernard Arnault & family
4 Mark Zuckerberg
5 Larry Ellison
6 Larry Page
7 Sergey Brin
8 Warren Buffett
9 Bill Gates
10 Steve Ballmer