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Top 10 Richest People in India in 2024, Check Complete List Here

Richest People in India in 2024: Check out the richest individuals in India for 2024! Explore the full list of the Top 10 Richest People in the country right here.

Richest People in India in 2024

Richest People in India in 2024: Who are the top 10 wealthiest individuals in India? With India’s economy on a robust growth trajectory, you may often find yourself pondering this question. A notable 169 Indians, surpassing last year’s 166, have secured a place among the world’s billionaires. Mukesh Ambani unsurprisingly leads this elite group, alongside prominent figures such as Gautam Adani and Uday Kotak.

This post presents an exclusive list of India’s top 10 richest people, relying on the Real-Time Billionaires rankings that meticulously track billionaires on a global scale.

Richest People in India in 2024: List of Top 10

Rank Name & India Rank Global Rank Net Worth (US$) Company
1 Mukesh Ambani 12 $100.8 B Reliance Industries
2 Gautam Adani 16 $77.8 B Adani Group
3 Shiv Nadar 45 $32.4 B HCL Technologies
4 Savitri Jindal & family 56 $28.2 B JSW Group
5 Cyrus Poonawalla 73 $24.1 B Serum Institute of India
6 Dilip Shanghvi 84 $21.8 B Sun Pharmaceutical Industries Ltd
7 Kumar Birla 95 $19.7 B Aditya Birla Group
8 Radhakishan Damani 104 $17.2 B DMart, Avenue Supermarts
9 Kushal Pal Singh 105 $17.1 B DLF Limited
10 Lakshmi Mittal 106 $16.9 B ArcelorMittal

Richest People in India in 2024 Complete List

Mukesh Ambani: The Reliance Maestro

  • Age: 66 Years
  • Net Worth: $89.7 Billion
  • Source of Wealth: Reliance Industries Ltd

Overview: Mukesh Ambani, the powerhouse behind Reliance Industries, reigns as India’s wealthiest individual. Forbes reports Reliance Industries boasts a colossal revenue of over Rs 8 lakh crore ($104 billion). With diverse interests spanning petrochemicals, oil and gas, retail, and telecom, Ambani’s legacy extends to his three active children—Akash, Anant, and Isha.

Gautam Adani: The Diverse Conglomerate King

Gautam Adani Reclaims Title as Asia's Richest Person
Gautam Adani Reclaims Title as Asia’s Richest Person
  • Age: 61 Years
  • Net Worth: $51.7 Billion
  • Source of Wealth: Adani Group

Overview: Gautam Shantilal Adani, the founder of Adani Group, stands out as an industrialist leading a multinational conglomerate. With engagements in port operations, airports, power generation, and green energy, Adani is recognized as India’s largest airport operator. However, Adani Group faced turmoil in 2023 when allegations of financial fraud led to a significant market value dip.

Must Read: Gautam Adani Reclaims Title as Asia’s Richest Person

Shiv Nadar: IT Magnate and Philanthropist

  • Age: 78 Years
  • Net Worth: $29.1 Billion
  • Source of Wealth: HCL Enterprise

Overview: Shiv Nadar, proprietor of HCL group, is a stalwart in the IT industry with renowned clients like Cisco, Microsoft, and Boeing. Honored with the Padma Bhushan, Nadar is equally distinguished for his philanthropic endeavors, including a substantial donation of Rs 1,161 crore in late 2022.

Savitri Jindal & Family: Political Leader and Business Matriarch

  • Age: 73 Years
  • Net Worth: $25.3 Billion
  • Source of Wealth: O.P. Jindal Group

Overview: Savitri Jindal, a politician and entrepreneur, holds an esteemed position at O.P. Jindal Group. Her four sons actively manage various divisions of the conglomerate, including JSW Sports, contributing to a vibrant sports ecosystem in India. Savitri Jindal stands as the richest woman in India.

Cyrus Poonawalla: Vaccine Vanguard

cyrus poonawalla richest person
Image Courtesy : Bloomberg
  • Age: 82 Years
  • Net Worth: $21.2 Billion
  • Source of Wealth: Serum Institute of India

Overview: Cyrus Poonawalla, a key figure in vaccine development, owns the Serum Institute of India. Notably, the institute is the world’s largest vaccine manufacturer. Assisted by his son Adar, Poonawalla’s wealth surged due to widespread utilization of Covid-19 vaccines.

Dilip Shanghvi: Pharma Pioneer

  • Age: 67 Years
  • Net Worth: $19.5 Billion
  • Source of Wealth: Sun Pharmaceuticals

Overview: Dilip Shanghvi, a leading Indian business tycoon, spearheads Sun Pharmaceutical Industries—the first Indian pharma company valued at $5 billion. Known for strategic acquisitions, including the 2014 Ranbaxy Laboratories purchase, Shanghvi’s influence is profound.

Radhakishan Damani: Retail Magnet and Investor

  • Age: 68 Years
  • Net Worth: $16.6 Billion
  • Source of Wealth: Avenue Supermarts Limited

Overview: Radhakishan Damani, founder of Avenue Supermarts, oversees more than 200 DMart stores in India. A prominent investor through Bright Star Investments, Damani’s impact on the retail sector is noteworthy.

Kumar Birla: Commodities Leader

  • Age: 56 Years
  • Net Worth: $17.8 Billion
  • Source of Wealth: Hindalco Industries

Overview: Kumar Birla, a leader in commodities, heads the Aditya Birla Group, active in aluminum, cement, and financial services. Stepping down from Vodafone Idea’s chairmanship in 2021, Birla continues to shape the conglomerate’s future with fresh ideas from his children.

Lakshmi Mittal: Steel Magnate

  • Age: 73 Years
  • Net Worth: $15.2 Billion
  • Source of Wealth: ArcelorMittal

Overview: Lakshmi Mittal, Chairman and CEO of ArcelorMittal, leads the largest global steel manufacturer. Strategic acquisitions, including the 2019 Essar Steel purchase, define Mittal’s impactful career.

Kushal Pal Singh: Real Estate Luminary

  • Age: 92
  • Net Worth: $13.7 Billion
  • Source of Wealth: DLF Limited

Overview: Kushal Pal Singh, chairman emeritus of DLF Limited, shapes India’s real estate landscape. A veteran, Singh’s legacy spans over five decades, contributing significantly to the growth of DLF.

Uday Kotak: Banking Visionary

  • Age: 64 Years
  • Net Worth: $13.2 Billion
  • Source of Wealth: Kotak Mahindra Bank

Overview: Uday Kotak, the Founder and Managing Director of Kotak Mahindra Group, is a prominent figure in India’s banking sector. Diluting his stake in 2020 for regulatory flexibility, Kotak grooms his son Jay Kotak for future leadership.

Richest People in India FAQs

Who are the top 10 richest women in India?

Ans: The top 10 richest women in India are:

Savitri Jindal & Family
Rohiqa Cyrus Mistry
Rekha Jhunjhunwala
Vinod Rai Gupta
Leena Tewari
Smita Crishna-Godrej
Kiran Mazumdar-Shaw
Falguni Nayar
Anu Aga
Radha Vembu

Who are the top 10 richest people in the world?

Ans: The top 10 richest people in the world are:
Elon Musk
Bernard Arnault & family
Jeff Bezos
Larry Ellison
Mark Zuckerberg
Bill Gates
Warren Buffett
Larry Page
Sergey Brin
Steve Ballmer

Who is India's first billionaire?

Ans: Nizam Ali of Hyderabad, recognized by Time magazine in 1937 as "The Richest Man in the World." Substantial wealth remains in an English bank, totaling over Rs 3 billion.

 

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