The richest person in India refers to the individual who has the highest net worth or wealth in the country. Net worth is a measure of a person’s financial wealth, calculated by subtracting their liabilities (debts) from their assets (such as cash, investments, properties, and business interests). Let’s get details of the top 10 richest person in India list.
The richest person in India is typically determined based on various factors, including their ownership stakes in companies, investments, real estate holdings, and other assets.
According to the latest reports or Forbes list, the following list represents the top 10 richest individuals in India.
1. Mukesh Ambani
The richest person in India, Mr. Ambani is the chairman of Reliance Industries Limited.
2. Gautam Adani
Chairman of the Adani Group, a conglomerate with interests in ports, logistics, and energy sectors.
3. Cyrus Poonawalla
He is the chairman of the world’s largest vaccine-manufacturing company (The Serum Institute of India).
4. Shiv Nadar
Co-founder of HCL Technologies and Shiv Nadar Foundation.
5. Lakshmi Mittal
Mr. Mittal is the Executive Chairman of the world’s second-largest steel company (ArcelorMittal), and he is also the chairman of the stainless steel manufacturing company (Aperam).
6. Savitri Jindal
Chairperson of Jindal Steel and Power Limited and the richest woman in India.
7. Dilip Shanghvi
Mr. Shanghvi is the founder of a generic drug-making company (Sun Pharmaceutical Industries).
8. Radhakishan Damani
Founder of DMart, one of India’s largest retail chains.
9. Kumar Birla
Mr. Kumar Birla is the chairman of the Aditya Birla Group, and he is also the chancellor of the Birla Institute of Technology & Science, Pilani.
10. Uday Kotak
Founder and CEO of Kotak Mahindra Bank.
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Here is the top 10 richest people in India list as of June 2023, according to Forbes
| Rank | Name | Net worth (US$) | Source of wealth | City |
|---|---|---|---|---|
| 1 | Mukesh Ambani | 90.6 billion | Diversified | Mumbai |
| 2 | Gautam Adani | 52.4 billion | Infrastructure | Ahmedabad |
| 3 | Cyrus Poonawalla | 27.3 billion | Vaccines | Pune |
| 4 | Shiv Nadar | 26.6 billion | Software services | Delhi |
| 5 | Lakshmi Mittal | 17.7 billion | Steel | London |
| 6 | Savitri Jindal | 17.5 billion | Steel | Hisar |
| 7 | Dilip Shanghvi | 17.1 billion | Pharmaceuticals | Mumbai |
| 8 | Radhakishan Damani | 17.1 billion | Retail | Mumbai |
| 9 | Kumar Birla | 16.9 billion | Diversified | Kolkata |
| 10 | Uday Kotak | 16.8 billion | Banking | Mumbai |
The rankings and net worth of people can fluctuate over time due to changes in the value of their assets, business performance, investments, and other factors.
Different sources and publications may provide slightly different rankings and estimates of individuals’ net worth, so it’s always a good idea to refer to reputable sources like Forbes or Bloomberg for the latest and most reliable information on the top 10 richest person in India list.