Top 10 Richest People in India 2024: India’s Wealthiest Billionaires

Top 10 Richest People in India 2024:- In 2024, India stands witness to a dynamic and thriving economy, fueled by the innovative spirit and entrepreneurial prowess of its top business magnates. The roster of India’s wealthiest billionaires showcases a tapestry of visionary leaders who have not only amassed immense personal fortunes but have also catalyzed transformative change across diverse sectors. From pioneering ventures in telecommunications and pharmaceuticals to spearheading conglomerates with global footprints, these individuals epitomize India’s economic dynamism and serve as beacons of inspiration for future generations of entrepreneurs. Let’s delve into the profiles of India’s top 10 richest individuals, illuminating their remarkable journeys and indelible impact on the nation’s prosperity.

Top 10 Richest People in India

India boasts a vibrant and expanding economy characterized by diversity. Its cadre of billionaires wields considerable influence across global economic domains. Noteworthy individuals within India’s billionaire cohort excel in sectors spanning commodities, technology, infrastructure, health, and metal mining. Through their entrepreneurial endeavors, Indian billionaires have amassed substantial wealth, catalyzing the nation’s economic advancement. The proliferation of billionaires in India is remarkable, with Mumbai emerging as the foremost hub boasting 56, closely followed by Delhi with 37, and Bengaluru with 17. Other significant cities include Ahmedabad, Chennai, and Hyderabad, each hosting 8 billionaires, while Pune hosts 7 and Kolkata 3. Furthermore, cities such as Nagpur, Aurangabad, Baroda, Cochin, Gurgaon, Haridwar, Hisar, Jaipur, Kochi, Ludhiana, Surat, and Vadodara each lay claim to one billionaire. This distribution underscores the economic gravitas concentrated within India’s major urban centers.

Top 10 Richest People in India

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Top 10 Richest People Overview 2024

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List of Top 10 Richest People

Here’s a compiled roster featuring India’s wealthiest individuals according to Forbes India. Each luminary is recognized for their notable achievements and contributions to various sectors:

  • Mukesh Ambani
  • Gautam Adani
  • Shiv Nadar
  • Cyrus Poonawalla
  • Dilip Shanghvi
  • Pallonji Mistry
  • Kushal Pal Singh
  • Kumar Birla
  • Radhakishan Damani
  • Lakshmi Mittal

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Mukesh Ambani

  • Age: 66
  • Global Rank: 9
  • Net worth: $117.5 billion
  • Company: Reliance Industries

Mukesh Ambani

Mukesh Ambani, renowned across Asia and the globe, serves as the chairman and primary shareholder of Reliance Industries Limited (RIL), a conglomerate spanning petrochemicals, telecommunications, and retail. His visionary leadership has propelled Reliance into a global force, notably with the groundbreaking Reliance Jio telecommunications venture.

Gautam Adani

  • Age: 61
  • Global Rank: 17
  • Net worth: $84.8 billion
  • Company: Adani Group

Gautam Adani

Gautam Adani, a self-made entrepreneur, leads the Adani Group, transforming it into a powerhouse across infrastructure, logistics, and renewable energy. His strategic acumen has been instrumental in the group’s ascent to prominence.

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Shiv Nadar

  • Age: 78
  • Global Rank: 42
  • Net worth: $36.7 billion
  • Company: HCL Technologies

Shiv Nadar

As the founder of HCL Technologies, Shiv Nadar has been a key figure in India’s IT sector, overseeing its growth into a global entity. His commitment to education and philanthropy, notably through the Shiv Nadar Foundation, underscores his multifaceted impact.

Cyrus Poonawalla

  • Age: 82
  • Global Rank: 89
  • Net worth: $21.8 billion
  • Company: Serum Institute of India

Cyrus Poonawalla

Cyrus Poonawalla’s legacy is synonymous with healthcare, spearheading the Serum Institute of India’s mission to provide accessible vaccines globally. His contributions to public health, especially during the COVID-19 pandemic, underscore his commitment to societal well-being.

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Dilip Shanghvi

  • Age: 68 Years
  • Source of Wealth: Sun Pharmaceuticals

Dilip Shanghvi

Dilip Shanghvi is a distinguished figure in the Indian business landscape, renowned for his leadership in Sun Pharmaceutical Industries, which became the first Indian pharmaceutical company to achieve a valuation of $5 billion under his guidance. Shanghvi’s strategic vision propelled Sun’s growth, marked notably by a string of acquisitions. Among these, the most significant was the acquisition of Ranbaxy Laboratories in 2014 for $4 billion, a move that reshaped the pharmaceutical industry landscape in India.

Pallonji Mistry

  • Net worth: $20 billion
  • Company: Tata Group

Pallonji Mistry

Pallonji Mistry, an Irish billionaire with Indian roots, secures a coveted position among India’s top ten wealthiest individuals. His prominence stems from holding the largest individual stake in Tata Sons, the apex entity of the Tata Group, a sprawling conglomerate renowned for its vast diversification across industries.

Mistry’s wealth is intricately linked to his substantial ownership in Tata Sons, which commands a formidable presence in sectors ranging from manufacturing and automobiles to telecommunications and information technology. The Tata Group’s global footprint and multifaceted operations span steel, automobiles, telecommunications, and hospitality. With a net worth surpassing $20 billion, Pallonji Mistry wields substantial influence within the expansive Tata empire, cementing his stature as one of India’s most affluent individuals.

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Kushal Pal Singh

  • Age: 92
  • Global Rank: 90
  • Net worth: $21.3 billion
  • Company: DLF Limited

Kushal Pal Singh

As the Chairman of DLF Limited, Kushal Pal Singh has been instrumental in shaping India’s real estate landscape. His endeavors extend beyond business, encompassing philanthropic initiatives aimed at community development and welfare.

Kumar Birla

  • Age: 56
  • Global Rank: 96
  • Net worth: $19.6 billion
  • Company: Aditya Birla Group

Kumar Birla

Kumar Mangalam Birla’s stewardship of the Aditya Birla Group has propelled it into a multinational conglomerate spanning diverse sectors. His strategic leadership and commitment to social welfare exemplify his holistic approach to business.

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Radhakishan Damani

  • Age: 69
  • Global Rank: 103
  • Net worth: $17.2 billion
  • Company: DMart, Avenue Supermarts

Radhakishan Damani

Radhakishan Damani’s astute investment decisions have been pivotal in establishing Avenue Supermarts Limited as a leading retail chain in India. Despite maintaining a low profile, his business acumen has garnered widespread recognition.

Lakshmi Mittal

  • Age: 73
  • Global Rank: 107
  • Net worth: $16.4 billion
  • Company: ArcelorMittal

Lakshmi Mittal

Lakshmi Mittal’s leadership at ArcelorMittal has cemented its position as the world’s largest steelmaking company. His enduring legacy in the steel industry underscores his entrepreneurial vision and global impact.

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Conclusion

In 2024, India’s roster of wealthiest billionaires reflects a diverse array of industries and entrepreneurial prowess. From Mukesh Ambani’s visionary leadership in Reliance Industries to Pallonji Mistry’s strategic stake in Tata Sons, each individual’s wealth underscores their significant contributions to India’s economic landscape. With thriving conglomerates like Adani Group and Aditya Birla Group under Gautam Adani and Kumar Birla’s guidance, these titans of industry continue to shape India’s growth trajectory. Collectively, they represent not just personal wealth, but pillars of India’s economic prosperity and global influence.

FAQ’s

Who is the richest person in 2024 in India?

In a remarkable feat, 200 Indians have secured positions on Forbes' 2024 World's Billionaires list. Unsurprisingly, Mukesh Ambani leads the roster, joined by notable figures such as Gautam Adani and Shiv Nadar.

How many billionaires are in India in 2024?

In Forbes' 2024 Billionaires List, Mukesh Ambani emerges as Asia and India's wealthiest individual, with a remarkable surge in wealth to $116 billion. The list boasts 200 Indian billionaires, a notable increase from 169 the previous year, collectively amassing a staggering $954 billion, marking a significant 41 percent rise.

Who are the top 10 richest people in India in 2024?

The top 10 richest individuals in India for 2024 include Mukesh Ambani, Gautam Adani, Shiv Nadar, Cyrus Poonawalla, Kushal Pal Singh, Kumar Birla, Radhakishan Damani, Lakshmi Mittal, Dilip Shanghvi, and Pallonji Mistry.

How do these billionaires inspire future generations of entrepreneurs?

Their remarkable success stories serve as inspiration for aspiring entrepreneurs, encouraging them to dream big, pursue innovation, embrace challenges, and strive for excellence in their entrepreneurial endeavors.

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