The majority of Indians were severely affected by the COVID-19 pandemic during this time, however, a sizable number of Indians were able to significantly enhance their income. Compared to the previous year, the nation is predicted to produce 18.5% more billionaires between 2021 and 2022. It is noteworthy that Shiv Nadar, Azim Premji, Mukesh Ambani, and Lakshmi Mittal are the four Indians who have ranked among the top 100 richest people in the world.
Top 10 Richest People In India 2024
So, the Top 10 Indians with the highest net worth are discussed in this article for the year 2024. Gautam Adani, Mukesh Ambani, Shiv Nadar, Cyrus Poonawalla, Radhakishan Damani, Savitri Jindal, Dilip Shanghvi, Lakshmi Mittal, Sunil Mittal, and Kumar Birla are just a few of the people whose profiles and wealth are highlighted.
The page details each of their commercial endeavors, successes, and charitable activities. It also lists the industries they work in, including construction, telecommunications, medicine, retail, and more. Also, the Indian Billionaires List with Profile & Net Worth and FAQs offers further information about particular people and their contributions to the Indian economy.
Indian Billionaires List with Profile & Net Worth – Overview
|For the year||2024|
|Category||Business and economics|
List of Top 10 Richest People In India 2024
|Name & India Rank||Global Rank||Net worth (US$)||Company|
|Mukesh Ambani||11||$96.8 B||Reliance Industries|
|Gautam Adani||23||$58.5 B||Adani Group|
|Shiv Nadar||50||$29.4 B||HCL Technologies|
|Savitri Jindal & family||70||$23.7 B||JSW Group|
|Cyrus Poonawalla||84||$20.0 B||Serum Institute of India|
|Dilip Shanghvi||89||$18.7 B||Sun Pharmaceutical Industries Ltd|
|Radhakishan Damani||97||$17.0 B||DMart, Avenue Supermarts|
|Kumar Birla||102||$16.6 B||Aditya Birla Group|
|Lakshmi Mittal||104||$16.4 B||ArcelorMittal|
|Uday Kotak||131||$13.5 B||Kotak Mahindra Bank|
Top 10 Richest People in India 2024
1) Gautam Adani
The first-richest person in India, Gautam Adani, and his family are thought to be worth an amazing $135.8 billion. Gujarat’s largest port, the Mundra Port, is managed by Gautam Adani. The Adani Group, his conglomerate, is involved in a variety of businesses, including real estate, infrastructure, commodities, and electricity generation and transmission. Adani purchased a 74% share in Mumbai International Airport, India’s second busiest airport, in September 2020. Adani also owns the Australian Abbot Point coal mining project.
2) Mukesh Ambani
The chairman and founder of Reliance Industries is Mukesh Ambani, who will rank tenth among all the richest people in the world in 2022 with a net worth of $91 billion. Petrochemicals, oil and gas, retail, and telecom are some of his business specialties. In 2016, Reliance entered the Indian telecom industry with 4G phone services, which ignited a pricing war that resulted in substantial disruption and the collapse of multiple networks. Mukesh Ambani raised almost $20 billion during the COVID-19 lockout by selling a third of Jio, Reliance’s telecom division, to buyers like Google and Facebook.
3) Shiv Nadar
The co-founder of HCL is Shiv Nadar, the third richest billionaire in India with an estimated net worth of $25.5 billion in 2022. HCL began its adventure in 1976 by producing microprocessors and calculators. Today, with $102 billion in annual revenue, HCL is one of the major software service companies in the nation. HCL Technologies has 169,000 employees and operates in 50 different countries. When Shiv Nadar resigned in 2020, his daughter took over as CEO of HCL. He is a well-known philanthropist who currently holds the title of Chairman Emeritus and has given the Shiv Nadar Foundation about $662 million to fund educational endeavors.
4) Cyrus Poonawala
With a net worth of $21.6 billion, Cyrus Poonawalla will rank fourth in terms of wealth in India in 2022. In 1966, he established the Serum Institute of India, which is today the largest producer of vaccine doses in the world. Over 1.5 billion doses of various vaccines, including those for the flu, polio, and measles, are produced by the corporation. Additionally, Serum has spent close to $800 million building a new factory just for producing COVID-19 vaccines. The CEO of Serum Institute is Cyrus Poonawalla’s son, Adar Poonawalla.
5) Radhakishan Damani
Radhakishan Damani is the fifth-richest person in India with a net worth of $17.7 billion. After Avenue Supermarket successfully completed its initial public offering (IPO) in March 2017, he was given the title of “Retail King” in India. His national retail network, DMart, now boasts over 221 locations.
6) Savitri Jindal and her family
With a combined worth of $17.3 billion, Savitri Jindal and her family rank sixth among India’s wealthiest families. Savitri Jindal is the head of the Jindal Group, which her late husband founded and which includes business holdings in steel, cement, power, and infrastructure.
7) Dilip Shanghvi
Dilip Shanghvi, whose net worth is $16.2 billion, is the seventh-richest person in India. With a little investment, he founded the psychiatric medicine manufacturing business Sun Pharma in 1983. Today, with an annual turnover of $4.5 billion, Sun Pharma is one of the nation’s top pharmaceutical suppliers.
8) Lakshmi Mittal
Lakshmi Mittal is the eighth-wealthiest person in India with a net worth of $15.9 billion. He serves as chairman of ArcelorMittal, the largest mining and steel corporation in the world with $53.3 billion in annual revenue. While his son Aditya Mittal leads ArcelorMittal as CEO, Mittal is still the company’s executive chairman.
9) Sunil Mittal and his family
With a net worth of $15.7 billion, Sunil Mittal is the ninth-richest person in India. He is the owner of Bharti Enterprises, which is home to the nation’s second-largest telecom company, Bharti Airtel. Additionally well-known for his charitable work, Mittal founded the Bharti Foundation to advance education in India.
10) Kumar Birla
Kumar Birla is the tenth richest person in India with a net worth of $15.1 billion. He is the leader of the Aditya Birla Group, which includes holdings in aluminum, cement, telecom, and financial services and generates $46 billion in revenue annually. Birla just resigned from his position as Vodafone India Limited’s chairman.
FAQs about the Top 10 Richest People in India
a) What sectors of the economy is the Adani Group involved in?
- The Adani Group includes holdings in commodities, infrastructure, real estate, and the production and transmission of electricity.
b) Which Gujarati port is Gautam Adani in charge of managing?
- The largest port in Gujarat, Mundra Port, is run by Gautam Adani.
c) What percentage of Mumbai International Airport did Adani buy?
- Mumbai International Airport, the second busiest airport in India, now has a 74% Adani ownership stake.
d) Who founded Reliance Industries and serves as its chairman?
- Mukesh Ambani is the company’s founder and chairman.