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Richest Man in India | Top 10 Richest Person in India 2024 list

India is a land of immense wealth, rich culture, and diverse traditions. But amidst all this, there are individuals who have taken it upon themselves to not only accumulate massive wealth but also to become the Richest Man in India. These men have made a name for themselves by their hard work, entrepreneurial spirit, and tenacity to succeed against all odds. In this article, we will explore the top 10, top 20 and top 50 Richest Man in India. 

Richest Man in India 2024 Overview

Mukesh Ambani is a name that resonates with wealth and success in India. With a net worth of over $91.3 billion, he is the wealthiest man in India and among the top 10 richest in the world. As the chairman of Reliance Industries, a conglomerate with interests in energy, retail, and telecommunications, he has been instrumental in shaping India’s economic landscape. Ambani’s visionary leadership, business acumen, and philanthropic efforts make him a truly captivating figure in India’s business world.

Few days ago Gautam Adami was the 2nd richest person in the world and richest man in India. Following Hindenburg Research, Mukesh Ambani has surpassed Gautam Adani to become the richest Indian in the world. According to Forbes, as on April 2023, with a net worth of USD 117.4 billion, Ambani’s assets rose by USD 164 million or 0.19 percent, while Adani’s assets decreased by significant percent with a net worth of USD 53.2 billion. This shift in wealth comes after a report by Hindenburg Research accused Adani Group of stock manipulation, causing the Adani Group to lose over USD 50 billion in market value in just two trading sessions.

Richest Man in India 2024

Richest Man in IndiaMukesh Ambani
Richest Man in WorldElon Musk
2nd Richest Man in IndiaGautam Adani
Mukesh Ambani net worth$117.4 billion
Gautam Adani Net worth$84.4 billion

Here, we will list out top 10 Richest Men in India with short description as per Forbes live billionaire rankings.

Top 10 Richest Man in India 2024

1.Mukesh Ambani: With a net worth of over $117.4 billion, Mukesh Ambani is the richest man in India. After a brief stint, he regained top position in the the list of no. 1 richest person in India. He is the chairman of Reliance Industries, a conglomerate with interests in petrochemicals, refining, oil, and gas exploration. Mukesh Ambani is also the richest person in Asia and 11th richest man in the world.

2. Gautam Adani: Gautam Adani is the founder and chairman of the Adani Group, a conglomerate that has interests in ports, logistics, energy, and agribusiness. His net worth is estimated to be over $84.4 billion and 2nd richest main in India. Few days ago he was richest man in India and Asia. Following, Hindenburg report, he slipped his top position to Mukesh Ambani.

3. Savitri Jinda and Family: Savitri Jindal is the chairperson of the OP Jindal Group, a conglomerate with interests in steel, power, and infrastructure. Her net worth is estimated to be over $35.6 billion and 3rd richest man in India.

4. Shiv Nadar: Shiv Nadar is the founder of HCL Technologies, an IT services company. With a net worth of over $34.7 billion, he is the 4th richest man in India.

5. Dilip Shanghvi : Dilip Shanghvi is a billionaire entrepreneur with a net worth of $26.0 billion, largely from his pharmaceuticals business.

6. Radhakishan Damani: Radhakishan Damani is the founder of DMart, a chain of supermarkets in India. His net worth is estimated to be over $21 billion.

7. Cyrus Poonawalla: Cyrus Poonawalla is the chairman of the Poonawalla Group, which includes the Serum Institute of India, a company that produces vaccines. His net worth is estimated to be over $21 billions and 7th richest man in India.

8. Kumar Birla: Kumar Birla, on the other hand, is a business magnate with a net worth of $20.6 billion, amassed through his ventures in commodities

9. Kushal Pal Singh: Kushal Pal Singh is the chairman of DLF Limited, one of India’s largest real estate developers, and has a net worth of $20.5 billion.

10. Lakshmi Mittal: Lakshmi Mittal is the chairman and CEO of ArcelorMittal, a global steel company. His net worth is estimated to be over $16.9 billion.

Top 20 Richest Person in India

In the above paragraph we have provided the top 10 richest persons in India. Here we will list out the remaining 10 richest man in India as per updated Forbes list for April 2024. It will make the top 20 richest person in India. In continuation of previous richest men, our serial number here starts from 11.

11. Ravi Jaipuria: Ravi Jaipuria is a business mogul involved in fast food, beverages, and real estate, with a net worth of $16.0 billion.

12. Uday Kotak: Uday Kotak is the founder and CEO of Kotak Mahindra Bank, one of the largest private sector banks in India. His net worth is estimated to be over $13.6 billion.

13. Azim Premji: Azim Premji is a software industry billionaire who is a founder chairman of Wipro. His net worth is estimated to be over  $11.8 billion. He is also the richest Muslim in India.

14. Mangal Prabhat Lodha: With a net worth of $10.8, Mangal Prabhat Lodha, a real estate tycoon is 13th richest man in India.

15. Pankaj Patel: He is involved in Pharmaceutical business has net worth of $9.5 billion.

16. Sunil Mittal: Sunil Mittal is the founder and chairman of Bharti Enterprises, a conglomerate with interests in telecom, retail, and financial services. His net worth is estimated to be over $9.4 billion

17. Hashmukh Chudgar: Hashmukh Chudgar is the chairman of the Torrent Group, which operates in power generation, pharmaceuticals, and chemicals, and has a net worth of $7.6 billion.

18. Benugopal Bangur: Benugopal Bangur is the chairman of the Shree Cement company, one of India’s largest cement producers, and has a net worth of $7.1 billion.

19. Aswin Dani & Family: Aswin Dani & Family are the owners of Asian Paints, one of India’s largest paint manufacturers, and have a net worth of $7.0 billion.

20. Gopikishan Damani: Gopikishan Damani is the founder of DMart, one of India’s largest supermarket chains, and has a net worth of $6.1 billion.

Vikram Lal and family: Vikram Lal and family are the owners of Eicher Motors, which produces the iconic Royal Enfield motorcycles, and have a net worth of $5.6 billion.

Mahendra Choksi & family: Mahendra Choksi & family are the founders of the Asian Granito India Limited company, which specializes in the production of ceramic tiles, and have a net worth of $5.4 billion.

Top 50 Richest Person in India

India has a diverse and rapidly growing economy, and its top 50 richest people are a reflection of that growth. The net worth of these individuals varies greatly, and changes over time due to factors such as market fluctuations, business successes and failures, and shifting economic conditions. As such, the list of the top 50 richest people in India is constantly evolving, with new individuals entering the rankings each year and others dropping off.

Despite this variability, however, the wealth of top 50 richest man in India remains a topic of great interest and fascination both within the country and around the world. According to Forbes real time billionaire, Here is the list of top 50 richest person in India with net worth:

RankNameNet Worth (in Billion)
1Mukesh Ambani$85.6 B
2Gautam Adani$43.0 B
3Shiv Nadar$25.6 B
4Cyrus Poonawalla$20.4 B
5Lakshmi Mittal$18.3 B
6Savitri Jindal & family$16.9 B
7Radhakishan Damani$15.6 B
8Dilip Shanghvi$15.4 B
9Kumar Birla$14.3 B
10Sunil Mittal & family$14.2 B
11Uday Kotak$13.4 B
12Azim Premji$9.2 B
13Ravi Jaipuria$8.7 B
14Kushal Pal Singh$8.4 B
15Hasmukh Chudgar & family$7.6 B
16Benu Gopal Bangur$7.1 B
17Ashwin Dani & family$7.0 B
18Gopikishan Damani$6.1 B
19Vikram Lal & family$5.6 B
20Mahendra Choksi & family$5.4 B
21M.A. Yusuff Ali$5.3 B
22Murali Divi & family$5.0 B
23Mangal Prabhat Lodha$5.0 B
24Kapil & Rahul Bhatia$4.9 B
25Pankaj Patel$4.8 B
26N.R. Narayana Murthy$4.5 B
27Nusli Wadia$4.0 B
28Vinod & Anil Rai Gupta$4.0 B
29James Irsay$3.9 B
30Chandru Raheja$3.8 B
31Leena Tewari$3.7 B
32Acharya Balkrishna$3.4 B
33Micky Jagtiani$3.3 B
34Pawan Munjal & family$3.3 B
35Senapathy Gopalakrishnan$3.2 B
36Sudhir Mehta$3.2 B
37Samir Mehta$3.2 B
38Arun Bharat Ram$3.2 B
39Ravi Modi$3.2 B
40Gurbachan Singh Dhingra$3.1 B
41Kuldip Singh Dhingra$3.1 B
42Joy Alukkas$3.1 B
43Karthik Sarma$3.1 B
44Ajay Piramal$3.0 B
45Sunny Varkey$3.0 B
46Vikas Oberoi$2.9 B
47Vivek Jain$2.9 B
48Arvind Poddar$2.9 B
49Nandan Nilekani$2.9 B
50Harsh Mariwala$2.8 B
top 50 richest man in India as per Forbes latest list

Short description of remaining Richest person in India.

We already provided short description of top 20 Indian richest person in the above paragraphs. Here is the list of remaining 30 richest person in India, making the list of 50 richest person in India.

21. M.A. Yusuff Ali is the founder of Lulu Group, a retail chain with over 200 stores in the Middle East and Asia, and has a net worth of $5.3 billion.

22. Murali Divi & family are the owners of Divi’s Laboratories, a pharmaceutical company, and have a net worth of $5.0 billion.

23. Mangal Prabhat Lodha is the founder of Lodha Group, a real estate development company, and has a net worth of $5.0 billion.

24. Kapil & Rahul Bhatia are the founders of IndiGo, India’s largest airline, and have a net worth of $4.9 billion.

25. Pankaj Patel is the chairman of Cadila Healthcare, a pharmaceutical company, and has a net worth of $4.8 billion.

26. N.R. Narayana Murthy is the co-founder of Infosys, a multinational corporation that provides business consulting, technology, and outsourcing services, and has a net worth of $4.5 billion.

27. Nusli Wadia is the chairman of the Wadia Group, a conglomerate with interests in textiles, chemicals, and food, and has a net worth of $4.0 billion.

28. Vinod & Anil Rai Gupta are the owners of Havells India, a manufacturer of electrical equipment, and have a net worth of $4.0 billion.

29. James Irsay is the owner of the Indianapolis Colts, a professional American football team, and has a net worth of $3.9 billion.

30. Chandru Raheja is the founder of the K Raheja Corp, a real estate development company, and has a net worth of $3.8 billion.

31. Leena Tewari is the co-founder of USHA International, a consumer electronics and home appliances company, and has a net worth of $3.7 billion.

32. Acharya Balkrishna is the CEO of Patanjali Ayurved, a consumer goods company, and has a net worth of $3.4 billion.

33. Micky Jagtiani is the founder of Landmark Group, a retail and hospitality conglomerate with over 2,000 stores in 21 countries, and has a net worth of $3.3 billion.

34. Pawan Munjal & family are the owners of Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, and have a net worth of $3.3 billion.

35. Senapathy Gopalakrishnan is the co-founder of Infosys and has a net worth of $3.2 billion.

36. Sudhir Mehta is the co-founders of Torrent Pharmaceuticals, a pharmaceutical company, and have a net worth of $3.2 billion each.

37. Samir Mehta is an Indian businessman and the chairman of the Torrent Group, a leading conglomerate in India with interests in pharmaceuticals, power, and infrastructure. With a net worth of $3.2 billion, he is one of the wealthiest people in the Indian pharmaceutical industry.

38. Arun Bharat Ram is the chairman of SRF Limited, a chemical and polymer company, and has a net worth of $3.2 billion.

39. Ravi Modi is the founder of Manyavar, a men’s ethnic wear brand, and has a net worth of $3.2 billion.

40. Gurbachan Singh Dhingra and Kuldip Singh Dhingra are the co-founders of Berger Paints, a paint manufacturer, and have a net worth of $3.1 billion each.

41. Kuldip Singh Dhingra is an Indian businessman and the co-founder of Berger Paints India. With a net worth of $3.1 billion, he is one of the wealthiest people in India, and has been recognized for his contributions to the Indian paint industry.

42. Joy Alukkas is the founder of Joyalukkas Group, a jewelry retail chain, and has a net worth of $3.1 billion.

43. Karthik Sarma is the co-founder of Bounce, a ride-sharing startup, and has a net worth of $3.1 billion.

44. Ajay Piramal is the chairman of Piramal Group, a diversified conglomerate with interests in

45. Sunny Varkey is an Indian-born entrepreneur and the founder of GEMS Education, a multinational education company that operates over 250 schools in 14 countries. With a net worth of $3.0 billion, he is one of the wealthiest people in the education industry.

46. Vikas Oberoi is an Indian real estate developer and the chairman and managing director of Oberoi Realty, a Mumbai-based real estate company that specializes in the development of high-end residential and commercial properties. With a net worth of $2.9 billion, he is one of the richest people in the Indian real estate industry.

47. Vivek Jain is an Indian businessman and the chairman and managing director of the textile company, Vardhman Textiles. The company is a leading manufacturer of cotton yarn and fabrics in India. With a net worth of $2.9 billion, Jain is one of the wealthiest people in the Indian textile industry.

48. Arvind Poddar is an Indian businessman and the chairman of the Poddar Group, a diversified conglomerate that operates in sectors such as automotive, healthcare, and education. With a net worth of $2.9 billion, he is one of the richest people in the Indian automotive industry.

49. Nandan Nilekani is an Indian entrepreneur and the co-founder of Infosys, a multinational IT services company that is headquartered in Bangalore. With a net worth of $2.9 billion, he is one of the wealthiest people in the Indian IT industry.

50. Harsh Mariwala is an Indian businessman and the founder of Marico, a consumer goods company that is known for brands such as Parachute, Saffola, and Set Wet. With a net worth of $2.8 billion, he is one of the richest people in the Indian FMCG industry.

Last word

In conclusion, the term “Richest Man in India” is one that describes individuals who have achieved a significant level of financial success in the country. The individuals listed above are just a few of the wealthiest people in India, and many of them have become successful due to their hard work, determination, and ability to take risks. Additionally, many of these individuals are known for their philanthropic work, which has contributed significantly to the betterment of society.

However, it is worth noting that the pursuit of wealth is not without its downsides. Many of India’s richest people have faced criticism for their business practices or for the way in which they have accumulated their wealth. Additionally, the vast wealth held by these individuals stands in stark contrast to the poverty and economic inequality that continue to affect many people in India.

Despite these challenges, the success of India’s richest men serves as an inspiration to entrepreneurs and businesspeople across the country and around the world. As India continues to grow and develop, it is likely that new individuals will join the ranks of the richest man in India, reflecting the ongoing evolution and dynamism of the Indian economy.

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FAQ

Who is the no. 1 richest man in India?

With a net worth of over $85 billion, Mukesh Ambani is the richest man in India. After a brief stint, he regained top position in the the list of no. 1 richest person in India. He is the chairman of Reliance Industries, a conglomerate with interests in petrochemicals, refining, oil, and gas exploration.

Who is the 2nd Richest Man in India?

Gautam Adani is the founder and chairman of the Adani Group, a conglomerate that has interests in ports, logistics, energy, and agribusiness. His net worth is estimated to be over $43 billion and 2nd richest main in India. Few days ago he was richest man in India and Asia. Following, Hindenburg report, he slipped his top position to Mukesh Ambani.

Who is the 3rd Richest Man in India?

Shiv Nadar is the founder of HCL Technologies, an IT services company. With a net worth of over $25.6 billion, he is the 3rd richest man in India.

Who is the richest Muslim in India?

Azim Premji is a software industry billionaire who is a founder chairman of Wipro. His net worth is estimated to be over  $9.2 billion, making him 12th Richest Person in India. He is also the richest Muslim in India.

Who is the richest person in Asia?

With a net worth of over $85 billion, Mukesh Ambani is the richest man in India and also the richest person in Asia as on March 2023.

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