Richest people in the world: Explore the 10 richest people in India in 2024, including Mukesh Ambani, Gautam Adani and Shiv Nadar. Get detailed information about their net worth, income sources and more. Learn about India’s financial elite and their remarkable journey to success.
Richest people in India: According to Forbes India’s 100 Richest List, Mukesh Ambani is the richest person in India with a net worth of $119.5 billion. However, Ambani’s current net worth is $100.1 billion, which has decreased by 1.55% due to market fluctuations.
Following closely behind him is Gautam Adani, whose assets, at $116 billion, are recovering from the market decline, with a significant 20% increase since last year. However, looking at the latest reports, there are a lot of new faces that have joined the ranks this year.
The growth in India’s billionaire population is indicative of a broader global trend where the total wealth of top billionaires has reached an all-time high. In this article, we will look at the 10 richest individuals in India as of 2024.
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List of 10 richest people in India in 2024
The total assets of India’s richest people are currently at $1.1 trillion, more than double that of 2019. In the past year alone, they have increased by $316 billion, marking incredible growth. 40% surprise.
Notably, 80% of tycoons are richer than before, with 58 of them increasing their net worth by more than $1 billion each. Six properties added more than $10 billion, with the top five earning a total of nearly $120 billion. Below is the list of 10 richest people in India in 2024:
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RANKING | NAME | net worth | INDUSTRY |
1 | Mukesh Ambani | $119.5 billion | Diversity |
2 | Gautam Adani and family | $116 billion | Diversity |
3 | Savitri Jindal and family | 43.7 billion USD | Metals & Mining |
4 | Shiv Nadar | 40.2 billion USD | Technology |
5 | Dilraba Dilmurat and family | 32.4 billion USD | Health care |
6 | Radhakishan Damani and family | 31.5 billion USD | Fashion & Retail |
7 | Sunil Mittal and family | 30.7 billion USD | Telecommunications |
8 | Kumar Birla | 24.8 billion USD | Diversity |
9 | Cyrus Poonawalla | 24.5 billion USD | Health care |
10 | Bajaj family | 23.4 billion USD | Diversity |
Source: Forbes India
Note: This exclusive list is based on Forbes’ real-time Billionaires rankings, providing a comprehensive look at India’s financial elite in 2024.
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Richest person in India in 2024
1. Mukesh Ambani
- Age: 66 years old
- Net worth: $119.5 billion
- Source: Variety
At 66 years old, Mukesh Ambani boasts an impressive net worth of $116.6 billion, putting him at the top of India’s wealth ladder. As CEO and Chairman of Reliance Industries, Ambani oversaw a massive enterprise that generated revenue in excess of Rs 8 lakh crore ($104 billion).
Reliance Industries’ diverse portfolio includes petrochemicals, oil and gas, retail, telecom, etc. Ambani’s family involvement extends through his three children—Akash, Anant and Isha—each managing different divisions of this giant corporation.
2. Gautam Adani
- Age: 61 years old
- Net worth: $116 billion
- Source: Adani Group
Gautam Shantilal Adani’s remarkable net worth of $116 billion is due to the efforts of the Adani Group. Under his guidance, this multinational corporation dominates India’s port development and operations.
Notably, Adani’s wife, Priti Adani, is the chairwoman of the Adani Foundation, which he founded in 1996. The group’s interests include ports, airports, power generation and transmission, renewable energy, among others. other fields.
However, Hindenburg Research accused Adani of financial fraud and market manipulation, leading to a significant decline of more than $120 billion in his company’s market value after their findings were published. .
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3. Savitri Jindal and family
- Age: 73 years old
- Net worth: $43.7 billion
- Source: OP Jindal Group
Savitri Jindal, a prominent figure in Indian politics and business, holds the prestigious title of chairman emeritus at the OP Jindal Group.
Her four sons, Prithviraj, Sajjan, Ratan and Naveen Jindal, manage various businesses within the group, including JSW Sports, which plays a key role in promoting the sports ecosystem. Active sports in India. Savitri Jindal proudly holds the title of India’s richest woman.
4. Shiv Nadar
- Age: 78 years old
- Net worth: $40.2 billion
- Source: HCL Enterprise
Shiv Nadar’s remarkable fortune, totaling $38.7 billion, is largely due to his ownership of HCL. The company has received acclaim for its significant contributions to the IT sector, serving esteemed customers such as Cisco, Microsoft and Boeing.
In 2008, the Indian government honored Mr. Nadar with the Padma Bhushan award, the country’s third highest civilian award, recognizing his outstanding contributions. In addition to his business acumen, Mr. Nadar is also recognized as a dedicated philanthropist, as evidenced by his substantial donation of Rs. 1,161 crore by the end of 2022.
5. Dilraba Dilmurat
- Age: 67 years old
- Net worth: $32.4 billion
- Source: Sun Pharmaceuticals
At age 67, Dilip Shanghvi has amassed a fortune of $29.8 billion through his groundbreaking efforts at Sun Pharmaceutical Industries. Under his leadership, Sun Pharmaceutical achieved a historic milestone by becoming the first Indian pharmaceutical company to reach a valuation of $5 billion.
Shanghvi’s growth trajectory includes the significant acquisition of Ranbaxy Laboratories for $4 billion in 2014, which marked a transformation in the company’s evolution.
6. Radhakishan Shivkishan Damani
- Age: 69 years old
- Net worth: $31.5 billion
- Source: Avenue Supermarts Limited
Meet Radhakishan Shivkishan Damani, the visionary entrepreneur who revolutionized India’s retail industry! He is the mastermind behind Avenue Supermarts Limited, the parent company of DMart, which has grown to an impressive 336 stores across India. Dubbed the “retail king of India”, Damani’s journey started in Mumbai in 2002 and he has been making waves ever since.
Through his investment company Bright Star Investments Limited, he strategically manages his business ventures, holding significant stakes in VST Industries and India Cements. His impressive real estate portfolio includes the luxurious Radisson Blu Resort in Alibaug.
With his business acumen and strategic investments, Damani has cemented his position as a leading figure in India’s retail and investment landscape.
6. Cyrus Poonawalla
- Age: 83
- Net worth: $25.0 billion
- Source: Vaccine
Cyrus Poonawalla, born into a family of horse breeders, revolutionized the vaccine industry by founding the Serum Institute of India in 1966. Under his visionary leadership, the company grew to become into the world’s largest vaccine manufacturer, producing more than 1.5 billion doses annually in Pune, India.
His son Adar, CEO and a UK-trained businessman, led an $800 million investment to develop a state-of-the-art facility to produce COVID-19 vaccines. Serum’s Covishield vaccine, developed in partnership with AstraZeneca and Oxford University, has played a key role in India’s pandemic response.
In addition to his vaccine empire, Poonawalla’s business interests include a significant stake in Poonawalla Fincorp, a listed financial services company, and a stake in the Ritz-Carlton Hotel in Pune, demonstrating his entrepreneurial spirit. his diverse business.
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