India’s economy is booming, and with it, the number of super rich folks is skyrocketing! Ever wonder who’s on top of the money mountain? Well, a whopping 169 Indians made it onto Forbes’ billionaire list this year, beating last year’s record of 166.
No surprise here, Mukesh Ambani, the big cheese of Reliance Industries, still reigns supreme. But the list is full of other famous names like Gautam Adani and Uday Kotak, all swimming in billions! So, who are the top 10 richest people in India right now?
List of Top 10 Richest Person In India 2024
- Mukesh Ambani: Mukesh Ambani, the 66-year-old king of Reliance Industries, sits atop the wealth pyramid with a cool $89.7 billion. His massive company, with its fingers in everything from oil and gas to retail and telecom, rakes in over Rs 8 lakh crore per year! Even his kids, Akash, Anant, and Isha, are already running parts of the Reliance empire.
- Gautam Adani: Gautam Adani, the 61-year-old port tycoon, holds the number two spot with $51.7 billion. His Adani Group controls everything from airports and power plants to India’s biggest port. But things haven’t been smooth lately. Accusations of financial fraud in early 2023 sent Adani Group stocks tumbling, wiping out over $120 billion in value.
- Shiv Nadar: Rounding out the top three is Shiv Nadar, the 78-year-old tech pioneer behind HCL Enterprises. This IT giant works with big names like Cisco and Microsoft, and Nadar himself is a true legend in the industry. He even received India’s prestigious Padma Bhushan award for his contributions. And he’s not just successful, he’s generous too, donating Rs 1,161 crore to worthy causes just last year.
- Savitri Jindal & Family: This powerhouse matriarch leads the O.P. Jindal Group, a sprawling empire spanning steel, power, and infrastructure. Her sons manage different divisions, while JSW Sports aims to energize India’s sporting scene. Savitri holds the crown as India’s richest woman, proving age is just a number.
- Cyrus Poonawalla: The “vaccine king” reigns over the Serum Institute of India, the world’s largest vaccine manufacturer. With his son Adar by his side, Poonawalla’s wealth soared thanks to the crucial role his vaccines played during the pandemic.
- Dilip Shanghvi: This pharma maestro built Sun Pharmaceuticals, the first Indian pharma giant to hit a $5 billion valuation. Through strategic acquisitions, like the bold purchase of Ranbaxy Laboratories, Shanghvi cemented his place as a healthcare heavyweight.
- Radhakishan Damani: Retail guru Damani founded Avenue Supermarts, the popular DMart chain with over 200 stores across India. He’s also a savvy investor, wielding his magic through Bright Star Investments Limited.
- Kumar Birla: The Aditya Birla Group, helmed by Birla, is a titan in commodities like aluminum and cement, and even dabbles in financials. He recently welcomed his children, Ananya and Aryaman, onto the board, hoping they’ll inject fresh ideas and passion into the business.
- Lakshmi Mittal: This steel tycoon sits atop ArcelorMittal, the global steel giant. He recently handed over the CEO reins to his son, Aditya, while maintaining his executive chairman position. The Ukraine war, however, threw a wrench in their plans, forcing production halts at their Ukrainian facility.
- Kushal Pal Singh: Property mogul Singh, chairman emeritus of DLF, built India’s biggest listed real estate firm. An army veteran with over five decades at DLF’s helm, Singh is a testament to unwavering dedication and strategic foresight.