Top 10 Richest Persons in India – All You Need to Know
India boasts a substantial representation on the global billionaire stage, with an impressive 169 Indian individuals securing coveted positions on Forbes’ 2023 World’s Billionaires list. This marks an increase from the previous year when 166 Indian billionaires made the cut.
Here’s a list of the top 10 richest persons in India, ranked by their net worth:
Top 10 Richest Persons in India
1.Mukesh Ambani
Net Worth: $93.9 Billion
Mukesh Ambani has reclaimed the title of the richest Indian, surpassing Gautam Adani and his Family, who held that distinction the previous year. Ambani’s wealth has surged from INR 3 lakh crores in 2019 to INR 8 lakh crores in 2023, largely driven by the remarkable performance of Reliance Industries. He comes at #1 among the top 10 richest persons in India.
2.Gautam Adani
Net Worth: $60.2 Billion
Gautam Adani, the chairman of the Adani Group, holds the second position among India’s wealthiest individuals. Despite facing allegations mentioned in the Hindenburg report, his wealth decreased by a significant 619,000 crore rupees, marking one of the most substantial annual wealth declines ever recorded for an individual in India.
3.Shiv Nadar
Net Worth: $30.5 Billion
Shiv Nadar, the visionary behind HCL, retains the third position after his wealth increased by 25% to INR 2,28,900 crores. In fiscal year 2023, HCL Technologies crossed the INR 1 lakh crore revenue mark for the first time.
4. Savitri Jindal & Family
Net Worth: $27.6 Billion
The businesswoman Savitri Jindal is a popular Indian politician and entrepreneur who has held the fourth position on this list. Her four sons are now taking care of the several divisions of the business. This group mainly operates as a part of the huge spans of India, the USA, South America, Europe, and Africa The main motive is to contribute actively.
5. Cyrus S Poonawalla
Net Worth: $22.4 Billion
Cyrus S Poonawalla, the founder of the Serum Institute of India, secured the fifth spot on the list of the wealthiest individuals in India. His wealth saw a remarkable 36% increase over the past year, totaling INR 73,100 crores. Serum Institute of India stands as the world’s largest vaccine manufacturer. He ranks at 3rd among the top 10 richest persons in India.
6. Dilip Sanghvi
Net Worth: $20.4 Billion
Dilip Sanghvi, the founder of Sun Pharmaceuticals, is the sixth wealthiest individual in India, amassing a total wealth of INR 1,64,300 crores. His wealth has remarkably surged by 83% over the past five years.
7. Kumar Mangalam Birla and Family
Net Worth: $18.6 Billion
Kumar Mangalam Birla, chairman of the Aditya Birla Group, moved up two positions to secure the seventh rank, as his wealth increased by 5% to INR 1,25,600 crores. During his 28-year leadership, the Aditya Birla Group expanded its global presence to 41 countries across six continents.
8. Radhakishan Damani and Family
Net Worth: $17.6 Billion
Radhakishan Damani, an Indian billionaire investor and founder of Avenue Supermarts Limited, descended three positions to claim the eighth spot on the list, with his wealth declining by 18% to INR 1,43,900 crores.
9. LN Mittal and Family
Net Worth: $16.3 Billion
Lakshmi Niwas Mittal, the Executive Chairman of ArcelorMittal, one of the world’s largest steelmaking companies, saw a 7% increase in his wealth, reaching INR 1,62,300 crores.
10. Kushal Singh
Net Worth: $14.8 Billion
The property baron Kushal Pal Singh is now the chairman of DLF which becomes India’s biggest listed Real Estate firm as per market capital. The company DLF was kicked off by his father-in-law in 1961. He is serving in this company for more than five decades.
Read More: Top 10 Richest Persons in the world as of 2023
FAQs
Who is the richest person in India?
Mukesh Ambani is the richest person in India as of 2023 with $91.4 billion net worth.
