Top 10 Richest Person in India, Net worth

Top 10 Richest Person in India:- India’s rapid economic growth continues to produce billionaires who shape the country’s business landscape. From tech titans to industrialists and pharma moguls, India’s wealthiest individuals have diverse sources of income that span across industries like telecom, pharmaceuticals, energy, and retail. Below, we explore the top 10 richest people in India as of 2024, their sources of wealth, and how their fortunes have evolved.

Top 10 Richest Person in India

As of 2024, India is home to some of the wealthiest individuals in the world, with their fortunes primarily tied to diverse industries such as technology, retail, infrastructure, and pharmaceuticals. Mukesh Ambani, the chairman of Reliance Industries, retains his position as the richest person in India with a staggering net worth of $119.5 billion. Following closely behind is Gautam Adani, the founder of the Adani Group, whose wealth has risen to $116 billion, bolstered by his dominance in sectors like energy, ports, and green energy. The list also includes prominent figures like Savitri Jindal (OP Jindal Group), with a net worth of $43.7 billion, and Shiv Nadar (HCL Technologies), valued at $40.2 billion.

Top 10 Richest Person in India

Dilip Shanghvi, the founder of Sun Pharmaceuticals, has amassed $32.4 billion, while Radhakishan Damani, the man behind DMart, is worth $31.5 billion. Other notable billionaires include Sunil Mittal of Bharti Airtel (net worth $30.7 billion), Kumar Birla of Aditya Birla Group (net worth $24.8 billion), and Cyrus Poonawalla, founder of Serum Institute of India, with a fortune of $24.5 billion. The Bajaj family, known for Bajaj Auto, rounds out the top 10 with a net worth of $23.4 billion. These individuals have not only shaped the economic landscape of India but continue to expand their influence across the globe, showcasing the dynamic and rapidly growing economy of the country.

Top 10 Richest Person Overview

Article ForTop 10 Richest Person in India, Net worth
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Year2024
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List for Top Richest Person & Their Net worth

RankNameNet Worth (USD)
1Mukesh Ambani$119.5 billion
2Gautam Adani$116 billion
3Savitri Jindal$43.7 billion
4Shiv Nadar$40.2 billion
5Dilip Shanghvi$32.4 billion
6Radhakishan Damani$31.5 billion
7Sunil Mittal$30.7 billion
8Kumar Birla$24.8 billion
9Cyrus Poonawalla$24.5 billion
10Bajaj Family$23.4 billion

 

Mukesh Ambani – $119.5 Billion

  • Source of Wealth: Reliance Industries Ltd.
  • Sector: Oil & Gas, Retail, Telecom, Petrochemicals
  • Wealth Change: Increase

Mukesh Ambani, the chairman of Reliance Industries, continues to dominate the wealth charts, with a net worth of $119.5 billion. Under his leadership, Reliance has expanded into various sectors, from petrochemicals to telecom (Jio), making him India’s richest individual. With a strong presence in retail through Reliance Retail and a major role in India’s telecom revolution with Jio, Ambani has diversified his wealth and maintained his position at the top.

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Gautam Adani – $116 Billion

  • Source of Wealth: Adani Group
  • Sector: Ports, Energy, Infrastructure
  • Wealth Change: Increase

Gautam Adani, founder of the Adani Group, ranks second with a net worth of $116 billion. The Adani Group has made significant strides in India’s infrastructure, including ports, airports, and power generation. Despite the 2023 controversy involving Hindenburg Research, Adani’s business empire continues to grow, especially with investments in renewable energy.

Savitri Jindal & Family – $43.7 Billion

  • Source of Wealth: OP Jindal Group
  • Sector: Steel, Power, Infrastructure
  • Wealth Change: Increase

Savitri Jindal, chairperson of the OP Jindal Group, stands as the richest woman in India. The Jindal family controls one of India’s largest steel producers, JSW Steel, and has diversified into power and infrastructure. Their continued success in these sectors has propelled Savitri Jindal’s family into the ranks of the top billionaires in the country.

Shiv Nadar – $40.2 Billion

  • Source of Wealth: HCL Technologies
  • Sector: IT & Software
  • Wealth Change: Increase

Shiv Nadar, the founder of HCL Technologies, has long been a pioneer in India’s IT sector. With HCL’s expansion into global markets and strong financial performance, Nadar’s wealth continues to grow. A philanthropist at heart, Nadar has also donated heavily to education and healthcare, further solidifying his legacy in the country’s business and charitable sectors.

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Dilip Shanghvi – $32.4 Billion

  • Source of Wealth: Sun Pharmaceuticals
  • Sector: Pharmaceuticals
  • Wealth Change: Increase

Dilip Shanghvi’s Sun Pharmaceuticals has become a global leader in generic drugs. Shanghvi is one of the most influential figures in India’s pharmaceutical industry, having transformed Sun Pharma into the world’s fifth-largest pharmaceutical company by market cap.

Radhakishan Damani – $31.5 Billion

  • Source of Wealth: Avenue Supermarts (DMart)
  • Sector: Retail
  • Wealth Change: Increase

Radhakishan Damani, the founder of Avenue Supermarts (DMart), is known as India’s retail king. His business has revolutionized India’s retail landscape with the rapid expansion of DMart stores across the country. His wealth is fueled by the success of the discount retail model, which resonates with middle-class consumers.

Sunil Mittal – $30.7 Billion

  • Source of Wealth: Bharti Airtel
  • Sector: Telecom
  • Wealth Change: Increase

Sunil Mittal, founder of Bharti Airtel, has been a major player in India’s telecom industry. Airtel is one of the country’s largest telecom operators, and Mittal’s ventures span across other sectors like real estate and satellite internet. The company’s expansion into new technologies like 5G further cements his position as one of the wealthiest Indians.

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Kumar Birla – $24.8 Billion

  • Source of Wealth: Aditya Birla Group
  • Sector: Conglomerate (Cement, Aluminium, Financial Services)
  • Wealth Change: Increase

Kumar Birla leads the Aditya Birla Group, a major player in cement, aluminium, and financial services. The group’s diverse holdings, including stakes in Vodafone Idea and financial services, have bolstered Birla’s fortune, despite challenges in the telecom sector.

Cyrus Poonawalla – $24.5 Billion

  • Source of Wealth: Serum Institute of India
  • Sector: Pharmaceuticals
  • Wealth Change: Increase

Cyrus Poonawalla’s Serum Institute of India is the world’s largest vaccine producer. The company gained prominence globally for its role in producing COVID-19 vaccines. With the growing demand for vaccines and biotechnology products, Poonawalla’s wealth has surged.

Bajaj Family – $23.4 Billion

  • Source of Wealth: Bajaj Auto
  • Sector: Automotive
  • Wealth Change: Increase

The Bajaj family, known for Bajaj Auto, one of the world’s largest motorcycle manufacturers, ranks 10th on the list. With a legacy spanning almost a century, the Bajaj family continues to thrive with their diversified investments across automotive, financial services, and insurance sectors.

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Conclusion

These top 10 richest people in India reflect the diversity of the country’s economy and how industrialists have adapted to changing global and domestic markets. From tech innovators like Shiv Nadar to retail moguls like Radhakishan Damani, these individuals represent the future of business in India. Their continued success, despite challenges, illustrates the resilience of India’s entrepreneurial spirit.

For more insights into India’s business landscape, keep visiting NowOnline.in – your go-to source for the latest in trending topics, from business to technology.

FAQ’s

Who is the richest person in India in 2024?

Mukesh Ambani, the chairman of Reliance Industries, is the richest person in India with a net worth of $119.5 billion in 2024.

What is the source of wealth for Mukesh Ambani?

Mukesh Ambani’s wealth primarily comes from Reliance Industries, a conglomerate with business interests in petrochemicals, telecom, retail, and more.

How much is Gautam Adani worth in 2024?

Gautam Adani, the chairman of Adani Group, has a net worth of $116 billion in 2024.

What sectors does the Adani Group operate in?

The Adani Group has diverse interests in ports, airports, power generation, transmission, and green energy.

Who is the richest woman in India?

Savitri Jindal, the matriarch of the OP Jindal Group, is the richest woman in India with a net worth of $43.7 billion.

What is Shiv Nadar's source of wealth?

Shiv Nadar is the founder of HCL Technologies, one of India’s leading IT services companies, contributing to his wealth of $40.2 billion.

How did Dilip Shanghvi accumulate his wealth?

Dilip Shanghvi is the founder of Sun Pharmaceutical Industries, which made him a billionaire with a net worth of $32.4 billion.

How is this list of the richest people in India determined?

The list is compiled annually by Forbes based on the estimated net worth of individuals, which includes their holdings, stock valuations, and other financial data.

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