India has always been a prosperous country despite being a developing nation. But the people like Gautam Adani, Mukesh Ambani, Rakesh Jhunjhunwala, etc. are still on the list of richest persons in the world.
Here we are listing down the top 10 wealthiest people in India. And, the list of these richest people in India keeps on changing, but only the combination changes. The wealth these people hold is determined by the market value of the companies they own which fluctuates as per the overall economy.
In the list of the top 100 wealthiest people in the world, 7 are Indians which are the first 7 in this list
Top 10 Richest People in India
1. Gautam Adani
Gautam Adani is the richest person in India and the 6th richest person in the world. He has a net worth of USD 122.2 Billion. Mr. Gautam Adani is a Gujrati businessman with no family background in the business. A spike of 56.2% in his portfolio in the first five months of 2022 made him the richest man in the country surpassing Mukesh Amabi. Adani Group of Companies includes Adani Power, Adani Ports, Adani Enterprises, Adani Transmission, Adani Green Energy, etc.
We have taken the data according to the Forbes Real-Time Billionaires list
2. Mukesh Ambani
Second, on the list is none other than the Reliance Group Chairman Mukesh Ambai. Again a Gujrati businessman who is succeeding the visionary Dhirubhai Ambai. Aman got their share of the business due to the separation between brothers and becomes the richest person in the country. Recently, he has come to the number two position with a net worth of USD 101.8 billion. The Reliance Group-owned by Mukesh Ambani is engaged in different types of business including Crude Oil, Retail, Textile, Telecommunication, etc. Adding to it, Mr. Mukesh is the 9th richest person in the world.
3. Shiv Nadar
He ranks 47 on the list of richest people in the world but in India, he is the third richest person. Mr. Nadar is the cofounder of HCL in his garage to manufacture calculators and microprocessors in the year 1976. Now, HCL Technologies is among the largest software service providers in the country. With a net worth of USD 26.6 Billion, Shiv Nadar is one of the wealthiest men globally
4. Cyrus Poonawala
Cyrus Poonawala ranks number 4 with a net worth of USD 24.2 Billion. He comes from a poor background being born as a son of a horse breeder, and now owns a company that is the world’s largest vaccine maker (Covishield) for Covid-19. He started the Serum Institute of India in 1966. Recently he acquired a Financial services company Poonawala Fincorp. Poonawala is at number 56 in terms of the global ranking.
5. Radhakrishan Damani
With a net worth of USD 19.1 Billion, RK Damani is now the fifth richest person in India but that is due to a fall in the market price of his company. Damani is considered the Guru for most successful Indian investors. Being a long-term investor made him a huge amount of wealth but starting his chain of supermart stores known as D-Mart is what made him to this list. he is the man who made Future Group almost bankrupt with stiff competition. Ranking at 81 in the world, Damani stands pretty strong.
6. Savitri Jindal
The Jindal Group of companies is chaired by Savitri Jindal after the death of her husband Om Prakash Jindal. The Group has a net worth of USD 18.8 Billion altogether. The Indian businesswoman is not only successful in managing her business empire but also is a member of the Indian National Congress. The group is in the business of steel, Infrastructure, cement power, etc.
7. Laksmi Mittal
The chairman of Arcelor Mittal, Lakshmi Mittal is the 7th richest person with a net worth of USD 17.2 Billion. Arcelor Mittal is the world’s largest steel and mining company in terms of output. He started Mittal steel as his business and merged with the French Company. Currently, the company is managed by his Aditya Mittal but he serves the board as a chairman.
8. Kumar Birla
Kumar Mangalam Birla owns the Birla Group of Companies which is again a conglomerate consisting of different industries taking from cement to fashion and retail with a net worth of USD 16.5 Billion
9. Dilip Shanghvi
The biggest Pharma company in the country is owned by Dilip Shanghavi having a net worth of almost USD 15.6 Billion. Sun Pharma Ltd is the giant that’s running with a full force to make Shanghavi richer and richer.
10. Sunil Mittal
Sunil Mittal is the man behind Bharti Group of Companies giving stiff competition to Reliance’s Jio.
Other Billionaires on the list are:
- Pallonjji Mistry
- Uday Kotak
- Hinduja Brothers
- Azim Premji
- Kushal Singh
- Bajaj Brothers
- Murali Divi
- Gopikishan Damani
- Ashwin Dani
- Mahendra Choksi & Family
- Rakesh Jhunjhunwala
- Ravi Jaipuria
These are the people behind the Indian economy.