The wealth landscape of India has changed largely over time, with many people wielding enormous fortunes find places among the world’s billionaires. As of 2024, India presents an unusual number of billionaires, signifying its bold economic progress and entrepreneurship.
Here’s a comprehensive look at the top 10 richest man in India in 2024 as found in Forbes’ Real-Time Billionaires rankings.
Top 10 Richest Man in India in 2024
Psst, give a mission & vision to your dream and you too will feature here!
Mukesh Ambani
1. Mukesh Ambani
- Net Worth: $116.6 billion
- Age: 66
- Source of Wealth: Diversified (Reliance Industries)
Mukesh Ambani continues to lead the pack when it comes to the richest man in India, being Chairperson and Managing Director of Reliance Industries, the gigantic conglomerate involved in petrochemicals, oil and gas, telecommunications, and retail.
Reliance has significantly expanded its footprints during his tenure, generating revenues of over $104 billion. Strategic investment in technology and green energy has also put a tag on Ambani as a visionary corporate leader.
Gautam Adani
2. Gautam Adani
- Net Worth: $81.7 billion
- Age: 61
- Source of Wealth: Infrastructure, commodities (Adani Group)
He the second wealthiest Indian, being the founder and head of Adani Group companies that have played an enormous role in transforming the Indian infrastructure with their port, airport, and power generation and renewable energy investments.
His journey, however hasn’t been without controversy as the recent allegations of financial misconduct moved the market valuation of his company to vast fluctuations.
Savitri Jindal & Family
3. Savitri Jindal & Family
- Net Worth: $40.2 billion
- Age: 73
- Source of Wealth: Steel (Jindal Group)
Savitri Jindal is the managing director of one of India’s great steel giants: Jindal Group. After her husband’s death, she took over the business; and subsequently diversified it into power generation and infrastructure.
Shiv Nadar
4. Shiv Nadar
- Net Worth: $38.7 billion
- Age: 79
- Source of Wealth: Software services (HCL Technologies)
Shiv Nadar is an Indian IT sector pioneer and founder of HCL Technologies, one of the leading Indian software services companies. His vision and entrepreneurial spirit have played a crucial role in making India a global IT hub.
Dilip Shanghvi
5. Dilip Shanghvi
- Net Worth: $29.8 billion
- Age: 68
- Source of Wealth: Pharmaceuticals (Sun Pharmaceutical Industries)
Dilip Shanghvi founded Sun Pharmaceutical Industries, which developed to be one of the largest pharmaceutical companies from India. His focus on R&D has helped him reach international markets; today, the firm holds a leading position in generic drugs in the global market.
Cyrus Poonawalla
6. Cyrus Poonawalla
- Net Worth: $25 billion
- Age: 83
- Source of Wealth: Vaccines (Serum Institute of India)
Cyrus Poonawalla is attached to Serum Institute of India. It is the world’s largest vaccine-making factory by the number of doses it produced. His public health works, especially vaccine production during the COVID-19 pandemic, has earned him worldwide recognition.
Kumar Birla
7. Kumar Birla
- Net Worth: $23.6 billion
- Age: 56
- Source of Wealth: Commodities (Aditya Birla Group)
Kumar Birla has led the Aditya Birla Group, a diversified conglomerate with investments in metals, cement, textiles, and telecommunications. Under his leadership, the group has built considerable global presence and has a significant footprint in many industries in India.
Radhakishan Damani
8. Radhakishan Damani
- Net Worth: $22 billion
- Age: 68
- Source of Wealth: Retail, investments (DMart)
Radhakishan Damani is the founder of DMart, the largest supermarket chain in India. His investment acumen coupled with a focus on value retailing make him a prominent name in India’s retail sectors.
Kushal Pal Singh
9. Kushal Pal Singh
- Net Worth: $19 billion
- Age: 88
- Source of Wealth: Real estate (DLF)
Kushal Pal Singh is the real estate baron and founder of DLF Limited, one of India’s greatest commercial real estate developers. His vision for urban development has greatly impacted the formation of modern Indian cities.
Ravi Jaipuria
10. Ravi Jaipuria
- Net Worth: $17 billion
- Age: 62
- Source of Wealth: Soft drinks, fast food (Varun Beverages)
Ravi Jaipuria is most recognized as a beverage empire through the company Varun Beverages, which is one of the largest bottlers of PepsiCo products in India as well as in many other countries. Ravi Jaipuria’s fast-food business success solidifies his stature further as the richest man in India.
Conclusion
The list of India’s richest individuals is a reflection not only of personal achievement but also reflects which sectors are critical to the country’s economy, such as technology, pharmaceuticals, infrastructure, and retail. As the country grows economically, those players will define the future landscape of the country.
Going forward into the future, it will be interesting to note the trajectory of these figures with changing economic conditions and emerging industries in this explosively growing economy of India.
Read more about Net Worth of the Famous Personalities here
- Top 10 Richest Cricketers in India
- Ratan Tata Net Worth
- Mike Tyson Net Worth
- Top 10 Richest Female Celebrity In The USA
