Top 10 Richest Man in Maharashtra
The most industrialized state in India is Maharashtra, which is located in the west. $350 billion (INR 28,18,554 crore) is its GDP. home to the city with the highest concentration of billionaires in all of India. It is almost inevitable that billionaires from Mumbai will govern Maharashtra.
If you would like the whole list of the wealthiest people in Mumbai, Pune, or Nagpur.
Here is the list of the Top 10 Richest Man in Maharashtra:
1. Mukesh Ambani
Reliance Industries, owned by Mukesh Ambani, has a $90.7 billion (7,94,700 crore)
Industry: Retail, Energy, and Telecom. Born on April 19, 1957, Mukesh Dhirubhai Ambani is an Indian billionaire businessman. Reliance Industries is the most valuable corporation in India based on market value, and he serves as its chairman and managing director.
As of January 2025, Forbes reported that he possessed a net worth of $112.1 billion, making him the richest individual in Asia and the eleventh richest globally. Known for being a plutocrat at times, he has gained and lost notoriety due to allegations of cronyism, market manipulation, political corruption, and exploitation.
2. Radhakishan Damani
Avenue Supermarts, the company owned by Radhakishan Damani and his family, has a net worth of $27.6 billion (1,75,100 crore).
Sector: Retail and Investments
Indian billionaire investor and businessman Radhakishan Shivkishan Damani founded and serves as chairman of Avenue Supermarts Limited, a chain of retail stores. It’s common to refer to Damani as the Retail King of India.
3. Dilip Shangvi
Dilip Shangvi Company: Sun Pharma $15.5 billion (1,33,500 crore) in net worth
Pharmaceuticals are an industry
Dilip Shanghvi, one of the richest persons in India, is a billionaire businessman who was born on October 1, 1955. He established Sun Pharmaceuticals. In 2016, the Indian government bestowed upon him the civilian honor of the Padma Shri. He came in at number eight on India Today magazine’s list of the country’s most powerful persons of 2017.
4. Uday Kotak
The Kotak Mahindra Bank is owned by Uday Kotak.
$14.3 billion (1,19,400 crore) is the net worth.
Financial Services Industry
Born on March 15, 1959, Uday Suresh Kotak is an Indian banker who founded Kotak Mahindra Bank. He is currently a non-executive director of the company.
When India’s economy was still closed and growth was sluggish in the early 1980s, Kotak turned down a tempting job offer from a multinational in favor of starting his own business. He expanded his company into other financial services over the ensuing years, becoming well-known in stockbroking, investment banking, auto financing, mutual funds, bills discounting, and life insurance. The Reserve Bank of India granted a banking license to Kotak Mahindra Finance Ltd. on March 22, 2003, making it the first company in India’s corporate history to do so.
5. Aditya Birla Group
Aditya Birla Group, the company of Kumar Mangalam Birla and his family, with a net worth of $14.9 billion (1,19,200 crore).
Industry: Cement, Metals and Mining
Born on June 14, 1967, Kumar Mangalam Birla is a wealthy industrialist and philanthropist from India. He is also the chairman of the Aditya Birla Group, which is among the biggest conglomerates in the country. He was the former chair of the Indian Institute of Management in Ahmedabad and currently serves as chancellor of the Birla Institute of Technology & Science in Pilani.With an estimated net worth of US$17.6 billion as of October 2023, he ranks seventh among India’s richest people, according to Forbes.
6. Ashwin Suryakant Dani
The net worth of Ashwin Dani and his family, the chairman of Asian Paints, is $12.6 billion (71,600 crore). Chemicals and Petrochemicals Industry, Ashwin Suryakant Dani, who was born on September 28, 2023, is an Indian businessman and billionaire. He serves as the non-executive chairman of Asian Paints Ltd., which is the biggest paint manufacturer in India. From December 1998 to March 2009, he served as managing director and vice chairman of the company. Ashwin was one of the fifty wealthiest Indians.
7. Gopikishan Damani and his family
Gopikishan Damani and his family – Avenue Supermarts Chairman
$12.6 billion (67,700 crore) is the net worth.
Sector: Retail
Gopikishan Damani is the younger brother of Radhakishan Damani, the billionaire who is currently regarded as the king of Indian retail. They are in charge of the publicly traded retail behemoth Avenue Supermart, which is the owner of the food, clothing, and shoe brand D-Mart.
8. Nusli Wadia & family
Nusli Wadia & family’s business, Wadia Group, has a $7.3 billion (57,900 crore) net worth.
Sector: Consumer Products.
Born on February 15, 1944, Nusli Neville Wadia is a millionaire Indian businessman who serves as the chairman of the Wadia Group, an Indian conglomerate with interests in real estate, FMCG, and textiles.
9. Sajjan Jindal
Sajjan Jindal and his family’s business, JSW Steel, has a net worth of $7.2 billion (54,500 crores).
Mining and Metals Industry. Sajjan Jindal is an Indian millionaire industrialist who was born on December 5, 1959. He is the managing director and chairman of the JSW Group of Companies, which operates in the software, steel, mining, energy, sports, and infrastructure sectors.
10. Vijay Chauhan & Family
Vijay Chauhan and his family – Parle Products Chairman
$5.5 billion (49,400 crore) is the net worth.
FMCG industry
The patriarch of the family that owns Parle Products, widely known for its well-liked glucose biscuit Parle G, is Vijay Chauhan. The privately held manufacturer of biscuits, candies, and snacks mostly makes its estimated $2 billion in revenue from biscuit sales.
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Who is the Richest Man in Maharashtra 2025
Mukesh Ambani
