LATEST: Top 10 Richest Man in Maharashtra 2025

Top 10 Richest Man in Maharashtra: Everything you Need to Know

Maharashtra—home to India’s most industrialized economy, boasting a GDP around US $350 billion (≈ ₹28,18,554 crore)—also hosts the country’s highest concentration of billionaires. With Mumbai at the helm of this wealth ecosystem, it’s little surprise that the richest residents of the state largely shape both business and society.

Here we present the Top 10 Wealthiest Individuals in Maharashtra: What You Should Know

Here is the list of the Top 10 Richest Man in Maharashtra:

RankNameNet Worth (USD Billion)IndustryProfile Highlights
1Mukesh Ambani$119.5DiversifiedChairman of Reliance Industries; transformed energy, retail, telecom; lives in iconic Antilia, Mumbai ​.
2Dilip Shanghvi & Family$32.4HealthcareFounder of Sun Pharma; built India’s largest pharma company with global reach ​.
3Radhakishan Damani & Family$31.5Fashion & RetailFounder of DMart; retail magnate with a low-profile lifestyle ​.
4Kumar Mangalam Birla$24.8DiversifiedHead of Aditya Birla Group; leading global conglomerate in cement, telecom, finance ​.
5Cyrus Poonawalla$24.5HealthcareFounder of Serum Institute of India; world’s largest vaccine manufacturer ​.
6Bajaj Family$23.4DiversifiedControls Bajaj Auto, Bajaj Finserv; iconic industrial family ​.
7Shapoor Mistry & Family$20.4DiversifiedBusiness magnates in shipping, construction, real estate ​.

1. Mukesh Ambani: The Titan of Diversification

Mukesh Ambani reigns supreme with a staggering $119.5 billion net worth. His leadership of Reliance Industries transformed a textile company into a diversified conglomerate spanning petrochemicals, telecommunications through Jio, retail, and green energy. His Mumbai residence, the 27-story Antilia, is an architectural marvel symbolizing his success and vision. His children are now instrumental in running various business verticals.

2. Dilip Shanghvi & Family: Pharma Visionaries

Dilip Shanghvi began Sun Pharma in 1983, which grew through key acquisitions like Ranbaxy to dominate the pharmaceutical space. With global revenues exceeding billions, his family continues to innovate with his son Aalok as COO. Sun Pharma is a pillar in the healthcare industry in India and worldwide.

3. Radhakishan Damani & Family: Retail Pioneer

Founder of DMart, Radhakishan Damani is known for his discreet lifestyle but commanding presence in the retail sector. DMart’s success is built on providing affordable quality to millions, revolutionizing retail shopping in India. He remains a mentor and influencer in investment circles.

4. Kumar Mangalam Birla: Industrial Powerhouse

Leading the $66 billion Aditya Birla Group, Kumar Mangalam Birla has scaled cement, textiles, telecom, and finance businesses across 40 countries. Taking over at a young age, he has led the group to prominence with an emphasis on sustainability and innovation.

5. Cyrus Poonawalla: The Vaccine King

Cyrus Poonawalla’s Serum Institute of India is the world’s largest vaccine manufacturer, playing a crucial role during the COVID-19 pandemic and beyond. His family business extends to luxury properties and finance, with Pune as its key base.

6. Bajaj Family: Auto & Finance Legacy

Controlling Bajaj Auto and Bajaj Finserv, the Bajaj family holds an iconic legacy in Indian industrial history. Their influence spans automobiles, financial services, and insurance, driving substantial wealth accumulation.

7. Shapoor Mistry & Family: Diversified Magnates

Known for their ventures in shipping, construction, and real estate, the Mistry family is a dominant force in Maharashtra’s business ecosystem, with diversified investments across sectors.

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Mukesh Ambani





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