India is one of the world’s fastest-growing economies and it is home to a number of successful businessmen and entrepreneurs. Many of them are among the richest people in the world and have amassed immense wealth through their hard work, intelligence, and business acumen.
The list of the top 10 richest people in India changes from time to time and the names may even surprise you. All the statistical data utilized in this article has been originally sourced from Forbes Real Time directory. These are individuals who have gone from rags to riches and have achieved success in their respective fields. They have built empires and created wealth for themselves as well as for others.
So, without further ado, let’s get started and explore the top 10 richest people in India.
1. Mukesh Ambani: India’s Richest Person
Mukesh Ambani is India’s richest person and the chairman of Reliance Industries. He is estimated to be worth $86 billion and is currently the world’s eight-richest person.
Ambani was born in 1957 in Yemen and moved to India after his father founded Reliance Industries in 1977. He joined the company in 1981 and has since grown it into a behemoth.
The company has interests in energy, petrochemicals, textiles, natural resources, retail, and telecommunications. Reliance is India’s largest publicly traded company and one of the most valuable companies in the world.
Mukesh Ambani is also one of the most generous philanthropists in India. He has donated billions of dollars to charity and has also set up a number of educational institutions.
2. Gautam Adani: The Business Magnate
Gautam Adani is the second-richest person in India and is estimated to be worth $49 billion. He is currently the world’s 25th-richest person and is the chairman of Adani Group.
Adani was born in 1962 in Gujarat and started his career as a commodities trader in the 1980s. He founded Adani Group in 1988 and the company has since grown into one of India’s largest conglomerates. The company has interests in energy, ports, logistics, real estate, and infrastructure.
Adani is also a major philanthropist and has set up a number of charitable trusts in India. He has also been awarded the Padma Shri, India’s fourth-highest civilian award.
3. Shiv Nadar: Founder of HCL Technologies
Shiv Nadar is the third-richest person in India and is estimated to be worth $25 billion. He is currently the world’s 55th-richest person and is the founder of HCL Technologies, one of India’s largest IT companies.
Nadar was born in 1945 in Tamil Nadu and founded HCL in 1976. The company has since grown into a global IT giant and is one of the most successful tech companies in India. HCL has operations in over 40 countries and has been a major contributor to India’s economy.
Nadar is also a major philanthropist and has set up a number of educational institutions in India. He has been awarded the Padma Bhushan, India’s third-highest civilian award.
4. Cyrus Poonawalla: Founder of Serum Institute
Cyrus Poonawalla is the founder of Serum Institute of India, the world’s largest vaccine manufacturer. With a net worth of $20 billion, he is the fourth-richest person in India.
He has been instrumental in the fight against COVID-19 and has been recognized for his contributions to public health.
Poonawalla has also been recognized for his contributions to business and society. In 2021, he was awarded the Padma Shri, one of India’s highest civilian honors, for his services to trade and industry.
5. Lakshmi Mittal: Steel Tycoon
Lakshmi Mittal is the fifth-richest person in India and is estimated to be worth $17 billion. He is currently the world’s 89th-richest person and is the chairman and CEO of ArcelorMittal, the world’s largest steelmaker.
Mittal was born in 1950 in Rajasthan and started his career in the steel business in 1976. He founded Mittal Steel in 1976, which later merged with Arcelor to form ArcelorMittal. The company has operations in over 60 countries and is one of the most profitable steel companies in the world.
Mittal is also a major philanthropist and has donated billions of dollars to charities in India and abroad. He has also been awarded the Padma Vibhushan, India’s second-highest civilian award.
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6. Savitri Jindal: India’s Richest Woman
Savitri Jindal is the chairperson of the Jindal Group, a conglomerate with interests in steel, power, and infrastructure. The company was founded by her late husband, Om Prakash Jindal, in 1952, and it has grown to become one of the largest steelmakers in India.
Her net worth is estimated at $17 billion, making her the sixth-richest person in India. She was born on March 20, 1950, in Tinsukia, Assam, India.
She has also been awarded numerous honors and awards for her philanthropic work, including the Padma Bhushan, one of India’s highest civilian awards.
7. Dilip Shanghvi: Founder of Sun Pharmaceuticals
Dilip Shanghvi is the founder of Sun Pharmaceuticals and is the seventh-richest person in India. He is estimated to be worth $15 billion and is currently the world’s 108th-richest person.
Shanghvi was born in 1955 in Gujarat and started Sun Pharmaceuticals in 1982. The company is now India’s largest pharmaceutical company and the world’s fifth-largest generics maker. Sun Pharma has a presence in over 150 countries and has been a major player in the global generic drug market.
Shanghvi has also made numerous philanthropic donations and is one of the most respected businessmen in India. He has been awarded several awards, including the Padma Shri.
8. Radhakishan Damani: The Investor
Radhakishan Damani is the eighth-richest person in India and is estimated to be worth $15 billion. He is currently the world’s 109th-richest person and is an investor and businessman.
Damani was born in 1954 in Maharashtra and started his career as a stockbroker in the 1980s. He is the founder of DMart, one of India’s largest retail chains. He is also the founder of Avenue Supermarts, which is one of India’s most profitable companies.
Damani is also a major philanthropist and has set up a number of charitable trusts in India. He has also been awarded the Padma Shri, India’s fourth-highest civilian award.
9. Kumar Mangalam Birla: Chairman of Aditya Birla Group
Kumar Mangalam Birla is the ninth-richest person in India and is estimated to be worth $14.5 billion. He is currently the world’s 122nd-richest person and is the chairman of the Aditya Birla Group.
Birla was born in 1967 in Rajasthan and has been the chairman of the Aditya Birla Group since 1995. The company has operations in over 35 countries and is one of the most successful conglomerates in India.
Birla is also a major philanthropist and has donated billions of dollars to charity. He has also been awarded the Padma Bhushan, India’s third-highest civilian award.
10. Sunil Mittal: Founder of Bharti Enterprises
Sunil Mittal is an Indian entrepreneur and philanthropist. Mittal is the founder and chairman of Bharti Enterprises, a conglomerate with interests in telecommunications, retail, and financial services. The company is best known for its flagship brand, Airtel, which is one of the largest mobile network operators in India and Africa.
Mittal is the tenth-richest person in India, with a net worth of $14 billion. Mittal’s leadership and vision have made him an inspiration to many aspiring entrepreneurs in India and beyond. He is known for his innovative business strategies, his commitment to excellence, and his focus on customer service.
In 2007, he was awarded the Padma Bhushan, one of India’s highest civilian honors, for his services to trade and industry.
Conclusion: Top Richest People in India
The top 10 richest people in India are a testament to the country’s growing economy and the opportunities it provides to entrepreneurs and business magnates. These individuals have worked hard and have been rewarded with immense wealth and success.
The list of the richest people in India is constantly changing and it is interesting to see who makes the cut. It is also inspiring to see how these individuals have created wealth and how they are using it to give back to society.
