Top 10 Richest man in India 2024
It is a question you may often ponder about, given the exponential boom that India’s economy is experiencing. 169 Indians in all, up from 166 the previous year, are listed on Forbes’ 2024 World’s Billionaires list, a record high. Not surprisingly, Mukesh Ambani tops the list, which also includes notable figures like Gautam Adani and Uday Kotak.
The top ten richest individuals in India are included in this page, courtesy of Forbes’ Real-Time Billionaires rankings, which track billionaires around the world.
Here is the Top 10 Richest man in India 2024-
1. Mukesh Ambani
Age: sixty-six
Net Worth: $116 billion.
Reliance Industries Limited is the source of wealth
India’s richest person is Mr. Mukesh Ambani, the Chairman and Managing Director of Reliance Industries. Reliance Industries generates more than Rs 8 lakh crore ($104 billion) in revenue, according to Forbes. It works in a variety of industries, including telecom, retail, oil & gas, and petrochemicals. Akash, Anant, and Isha Ambani are actively involved in overseeing various departments of the conglomerate.
2. Gautam Adani
Age: 61
Net worth: $84 billion
Adani Group is the source of wealth
The founder and chairman of the Adani Group, a multinational company involved in port operations and development within India, is the well-known Indian billionaire industrialist Gautam Shantilal Adani. Gautam Adani founded the Adani Foundation in 1996, and Priti Adani, his wife, is the organization’s chairperson.
The group’s business activities span a number of industries, including green energy, ports, airports, and electricity generation and transmission. Adani is acknowledged as the biggest airport operator in India and is also in charge of the largest port in the nation, Mundra Port in Gujarat.
A US company called Hindenburg Research charged Adani and his businesses with financial fraud and stock market manipulation in January 2023. The report’s release caused the Adani Group firms’ stocks to plunge precipitously, wiping off over $120 billion in market value.
3. Shiv Nadar
Age: 78 years
Net Worth: $36.9 B
HCL Enterprise is the wealthiest source
The owner of the HCL group is Shiv Nadar. Prominent customers of HCL include Microsoft, Cisco, and Boeing. The Indian government awarded Mr. Nadar the Padma Bhushan, the third-highest civilian honor in India, in 2008 in appreciation of his outstanding contributions to the IT sector. Mr. Nadar is a well-known philanthropist who gave away Rs. 1,161 crore by the end of 2022.
4. Savitri Jindal and family
Age: 73 Years Old
Net Worth: $33.5 B
O.P. Jindal Group as the Source of Wealth
A politician and businesswoman from India, Savitri Jindal is the emeritus head of the O.P. Jindal Group. Prithviraj, Sajjan, Ratan, and Naveen Jindal are her four sons, and they oversee several business categories.
Moreover, JSW Sports, the JSW Group’s sports branch, functions as a component of the conglomerate that encompasses Europe, Africa, South America, the USA, and India. Its goal is to make a significant contribution to India’s sports ecosystem’s development. India’s richest lady is Savitri Jindal.
5. Dilip Shanghvi
Age: 67 years old
Net Worth: $26.7 billion
Sun Pharmaceuticals is the wealthiest company
Dilip Shanghvi is a well-known Indian business magnate who is credited with creating Sun Pharmaceutical Industries, the country’s first pharmaceutical company valued at $5 billion. He expanded Sun through a string of acquisitions, the most significant of which was the $4 billion purchase of rival Ranbaxy Laboratories in 2014, which was marred by scandal.
6. Cyrus Poonawalla
Age: Eighty-two years
Net Worth: $21.3 billion
Serum Institute of India as the source of wealth
One of the main beneficiaries of the growing sales and profits is Cyrus Poonawalla, a well-known figure in Indian vaccine production, who owns the privately held Serum Institute of India. Adar, his son, helps him with its management. Pune serves as the institute’s headquarters.
Remarkably, the Serum Institute holds the esteemed distinction of being the biggest vaccine producer globally. Cyrus Poonawalla’s wealth has increased recently, and this is primarily because to the widespread use of the Covid-19 vaccinations that the SII produced.
8. Kushal Pal Singh
Age: 92 years
Net Worth: $20.9 billion
Wealth Source: DLF Limited
Kushal Pal Singh, a property magnate, is the chairman emeritus of DLF, the largest listed real estate company in India based on market value. Singh is a former army soldier. In 1961, he began working for his father-in-law’s company, DLF, and held the position of chairman for more than 50 years.
7. Kumar Birla
Age: fifty-six
Net Worth: $19.7 B
Hindalco Industries is the source of wealth
Acknowledged as a notable personality in the commodities industry, Kumar Birla takes over as head of the Aditya Birla Group. In addition to its operations in the cement and aluminum industries, the business offers financial services. In addition, Birla served as the non-executive chairman of the Vodafone Idea telecommunications firm.
However, he left the position in 2021 when the company’s debt load increased. Birla has been designated by the firm as a non-executive director as of 2023.
Ananya and Aryaman, Birla’s children, recently joined the board of his key enterprises. Birla anticipates that they will infuse the company with new ideas, enthusiasm, and vigor.
9. Shivkishan Damani Radhakishan
Age: 68 years;
Net worth: $17.6 billion
Avenue Supermarts Limited is the source of wealth
A Maheshwari Marwari Hindu family raised Radhakishan Shivkishan Damani in a single-room Mumbai apartment. At the University of Mumbai, he majored in commerce but left after just one year. Damani quit his ball bearing company and went on to become a stock market broker and investor following the passing of his Dalal Street-working father.
10. Lakshmi Mittal
Years Old: 73
Net Worth: $16.4 billion
Arcelor Mittal, the biggest steel producer in the world, is now led by Lakshmi Mittal as chairman and CEO. ArcelorMittal successfully purchased Essar Steel in 2019 for $5.9 billion, working with Nippon Steel; Essar Steel was previously controlled by Shashi and Ravi Ruia. As long as he remained ArcelorMittal’s executive chairman, Mittal gave his son Aditya Mittal the reins as CEO in 2021. Due to Russia’s recent invasion of Ukraine, ArcelorMittal had to halt operations at its Kryvyi Rih complex.
Mart outlets in India. He also maintains control over his investing endeavors through Bright Star Investments Limited, his company.
FAQs
<strong>1. Who are the ten richest Indian women?</strong>
As of April 2024, the following women are the richest in India: [#1 Savitri Jindal, # 2 Rohiqa Cyrus Mistry, # 3 Rekha Jhunjhunwala, # 4 Vinod Rai Gupta, # 5 Smita Crishna-Godrej, # 6 Leena Tewari, # 7 Falguni Nayar, #8 Anu Aga, # 9 Kiran Mazumdar-Shaw, and #10 Radha Vembu.
<strong>2. Who are the ten wealthiest individuals on the planet?</strong>
As of February 2024, the following individuals rank among the top 10 richest people in the world: #1 Bernard Arnault and family; #2 Elon Musk; #3 Jeff Bezos; #4 Mark Zuckerberg; #5 Larry Ellison; #6 Warren Buffett; #7 Bill Gates; #8 Larry Page; #9 Steve Ballmer; and #10 Sergey Brin.
