India is home to some of the wealthiest individuals in the world, contributing significantly to the country’s economy and global business landscape. From industrialists to tech giants, these individuals have not only made a name for themselves in India but have also earned recognition on the global stage. Know the list of the top richest people in India, their sources of wealth, and how they contribute to the world economy. This list will give you insights into the power players shaping India’s financial future.
Know The List of Top Richest People in India in 2024
1. Mukesh Ambani
Mukesh Ambani, the Chairman and Managing Director of Reliance Industries, continues to dominate the list of the richest people in India. With a fortune exceeding $100 billion in 2024, Ambani is not only India’s wealthiest person but also among the top 10 richest person in the world.
- Industry – Petrochemicals, Telecom, Retail
- Net Worth – $105 billion
- Global Rank – 7th in the top 10 richest people in the world list
- Key Investments – Jio, Reliance Retail, Green Energy
Ambani’s wealth is largely attributed to the success of his conglomerate, Reliance Industries, which has diversified into sectors such as telecommunications, retail, and energy. His investment in Jio, India’s largest telecom network, has revolutionized the digital landscape in the country.
2. Gautam Adani
Gautam Adani, the founder of the Adani Group, ranks second on the India top 10 richest men 2024 list. Adani has seen a meteoric rise in his wealth in recent years, thanks to his conglomerate’s expansion into energy, ports, and infrastructure sectors.
- Industry – Energy, Infrastructure, Ports
- Net Worth – $90 billion
- Global Rank: -11th in the top 10 richest person in the world list
- Key Investments – Adani Ports, Adani Power, Adani Green Energy
Adani has rapidly grown his business empire, focusing on infrastructure development, renewable energy, and utilities. He is a driving force behind India’s green energy transition.
3. Shiv Nadar
Shiv Nadar, the founder of HCL Technologies, one of India’s largest IT companies, ranks third among the richest people in India. His contributions to the IT sector have transformed India into a global technology hub.
- Industry – Information Technology
- Net Worth – $28 billion
- Global Rank – Not in the top 10 globally
- Key Investments – HCL Technologies, Shiv Nadar Foundation
Apart from his business success, Nadar is known for his philanthropic efforts, particularly in education. His Shiv Nadar Foundation runs schools and universities aimed at empowering underprivileged communities.
4. Radhakishan Damani
Radhakishan Damani, the founder of DMart, India’s largest retail chain, stands fourth in the India top 10 richest man 2024 list. His wealth surged due to the growing retail market in India.
- Industry – Retail
- Net Worth – $25 billion
- Global Rank – Not in the top 10 globally
- Key Investments – DMart, Avenue Supermarts
Damani’s success is a testament to India’s booming consumer market. DMart stores are popular for their affordability and efficient operations, making them a household name across the country.
5. Cyrus Poonawalla
Cyrus Poonawalla, the founder of the Serum Institute of India, the world’s largest vaccine manufacturer, ranks fifth among the top 10 richest man in India.
- Industry – Pharmaceuticals
- Net Worth – $23 billion
- Global Rank – Not in the top 10 globally
- Key Investments – Serum Institute of India, Poonawalla Finance
Poonawalla’s wealth surged after the success of the COVID-19 vaccines. The Serum Institute is responsible for producing millions of vaccines annually, contributing significantly to global healthcare.
6. Lakshmi Mittal
Lakshmi Mittal, the Chairman and CEO of ArcelorMittal, the world’s largest steel manufacturing company, is another prominent name on the India top 10 richest man 2024 list.
- Industry – Steel, Manufacturing
- Net Worth – $20 billion
- Global Rank – Not in the top 10 globally
- Key Investments – ArcelorMittal, Mittal Investments
Mittal is one of the most recognized figures in the global steel industry. His company, ArcelorMittal, operates in over 60 countries, making him a key player in global manufacturing.
7. Savitri Jindal
Savitri Jindal, Chairperson of the Jindal Group, one of India’s largest steel and energy companies, is the richest woman in India and ranks seventh on the India top 10 richest people list.
- Industry – Steel, Energy
- Net Worth – $19 billion
- Global Rank – Not in the top 10 globally
- Key Investments – Jindal Steel and Power
Under her leadership, Jindal Steel and Power has become a dominant force in the steel industry, contributing to India’s infrastructure growth.
8. Uday Kotak
Uday Kotak, the founder of Kotak Mahindra Bank, is one of the most influential figures in India’s banking sector.
- Industry – Banking, Finance
- Net Worth – $18 billion
- Global Rank – Not in the top 10 globally
- Key Investments – Kotak Mahindra Bank
Kotak Mahindra Bank is among India’s leading financial institutions, and Kotak’s wealth reflects the growth of the Indian banking sector.
9. Sunil Mittal
Sunil Mittal, founder and chairman of Bharti Enterprises, which owns Bharti Airtel, one of the largest telecom companies in India, ranks ninth on the top 10 richest man in India list.
- Industry – Telecom, Media
- Net Worth – $16 billion
- Global Rank – Not in the top 10 globally
- Key Investments – Bharti Airtel, Bharti Infratel
Mittal revolutionized India’s telecom sector by making mobile services affordable and accessible, contributing significantly to India’s digital growth.
10. Dilip Shanghvi
Dilip Shanghvi, the founder of Sun Pharmaceuticals, completes the India top 10 richest man 2024 list.
- Industry – Pharmaceuticals
- Net Worth – $15 billion
- Global Rank – Not in the top 10 globally
- Key Investments – Sun Pharmaceuticals
Sun Pharmaceuticals is one of India’s largest pharmaceutical companies, and Shanghvi’s success has made him a key player in the global healthcare industry.
Global Ranking and India’s Impact
While some of the names on this list feature among the richest person in the world, others have made a significant impact on their industries globally. Names like Mukesh Ambani and Gautam Adani have consistently ranked in the world richest man 2024 list, highlighting India’s growing influence on the global economic stage.
Conclusion
India’s wealthiest individuals have not only accumulated vast fortunes but have also played a crucial role in shaping the country’s economy and influencing global markets. From telecom giants like Ambani and Mittal to pharmaceutical leaders like Poonawalla and Shanghvi, these individuals reflect India’s diverse and rapidly growing economy.
India’s wealth landscape is constantly evolving, and as new industries emerge, so will new leaders in the top 10 richest people in India.
