Who are the Top 10 Richest Persons in India in 2024?

Do you want to know who are the top 10 richest men and women in India? According to Word GDP Rankings of 2024, the Indian economy is the fifth largest economy in the world and is continuing to grow at a faster pace. India is also expected to be the third-largest economy in the world soon. With this, the Indian economy has seen many billionaires, with a record number of 200 Indians making their names enter the Forbes 2024 World Billionaires list. Amongst them, a few also stand out as the richest man in India. Read the blog to learn the names of the top 10 richest men in India.

List of Top 10 Richest Persons in India 2024

The list given below is based on Forbes’ Real-Time Billionaires rankings as of 29th August 2024. The rankings were determined by their net worth, global ranking, individual approach and contributions to running their companies. Also, get to know these top 10 richest men in India in detail below –  

Forbes’ Rank 2024	Name	Net Worth (US$)	Global Ranking	Company
1	Mukesh Ambani	$118.0 B	12	Reliance Industries
2	Gautam Adani	$81.2 B	21	Adani Group
3	Savitri Jindal & Family	$39.9 B	39	JSW Group
4	Shiv Nadar	$38.4 B	41	HCL Technologies
5	Dilip Shanghvi	$29.6 B	58	Sun Pharmaceutical Industries
6	Cyrus Poonawalla	$24.8 B	79	Serum Institute of India
7	Kumar Birla	$23.5 B	87	Aditya Birla Group
8	Radhakishan Damani	$22.0 B	92	Avenue Supermarkets
9	Kushal Pal Singh	$18.7 B	98	DLF Limited
10	Ravi Jaipuria	$17.9 B	108	Varun Beverages

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Mukesh Ambani – The Richest Man in India

Mukesh Ambani, Chairman and Managing Director of Reliance Industries, tops the list as India’s richest person. His company, Reliance Industries, is a conglomerate business which is involved in Petrochemicals, oil and gas, retail and telecom. With revenue exceeding $ 109.4 billion i.e. 9.03 lakh crore, Reliance Industries has exponentially seen growth under Mukesh Ambani. 

• Net Worth: $ 118.0 Billion
• Company: Reliance Industries
• Age: 67 Years
• Global Rank: 12

Attribute	Detail
Operational Sectors	Petrochemicals, Oil, Retail
Children Involved	Akash, Anant, Isha Ambani

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Gautam Adani – The Man for Infrastructure

Gautam Adani is the founder and chairman of the Adani Group. He also controls India’s largest port – Mundra Port of Gujrat and is the nation’s largest airport operator. The conglomerate spans different sectors like ports, airports, power and green energy. 

• Net Worth: $ 81.2 Billion
• Company: Adani Group
• Age: 62 Years
• Global Rank: 21

Attribute	Detail
Wife	Priti Adani
Important Sectors	Ports, Airports, Power, Green Energy

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Savitri Jindal and Family – India’s Richest Woman 

Savitri Jindal is the richest woman in India. She is the chairperson emeritus of the OP Jindal Group, with her four sons overseeing different divisions like steel, energy and infrastructure which are part of the conglomerate, and actively contribute to India’s economy.

• Net Worth: $ 39.9 Billion
• Company: JSW Group
• Age: 74 Years
• Global Rank: 39

Attribute	Detail
Operational sectors	Sports, Steel, Energy, etc
Children Involved	Prithviraj, Sajjan, Ratan, Naveen

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Shiv Nadar – The IT Man of India

Shiv Nadar is the chairperson and founder of HCL Technologies the founding father of the Indian IT industry. The company serves global clients like Boeing, Cisco and Microsoft. Nadar is also a philanthropist, donating over Rs 2,042 crore in 2023.

• Net Worth: $ 38.4 Billion
• Company: HCL Technologies
• Age: 79 Years
• Global Rank: 41

Attribute	Detail
Awards	Padma Bhushan in 2008
Philanthropy	Rs 2,042 Crore Donated in 2023

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Dilip Shanghvi – The Pharmaceutical Tycoon

Dilip Shanghvi is the founder of Sun Pharmaceutical Industries, India’s first pharma company to reach a $5 billion valuation. His biggest acquisition was the 2014 purchase of Ranbaxy Laboratories for $4 billion. 

• Net Worth: $ 29.6 Billion
• Company: Sun Pharmaceutical Industries
• Age: 68 Years
• Global Rank: 58

Attribute	Detail
Biography	The Reluctant Billionaire
Major Acquisition	Ranbaxy Laboratories (2014)

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Cyrus Poonawalla – The Vaccine Master

Cyrus Poonawalla is known for his role in vaccine development in India. He leads the Serum Institute of India, the world’s largest vaccine manufacturer. The headquarters of the company is in Pune and is co-managed by his son Adar Poonawalla. The company’s success during the COVID-19 pandemic boosted his wealth and his donation to political parties also brought him into the political radar.

• Net Worth: $ 24.8 Billion
• Company: Serum Institute of India
• Age: 83 Years
• Global Rank: 79

Attribute	Detail
Son	Adar Poonawalla
Award	Padma Shri (2005), Padma Bhushan (2022)

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Kumar Mangalam Birla – The Leader in Commodities

Kumar Birla leads the Aditya Birla Group which is known for its presence in commodities like aluminum and cement. His conglomerate’s involvement in Vodafone Idea’s merging and rolling out services in 5G has also been an important player in Retail industries.

• Net Worth: $ 23.5 Billion
• Company: Aditya Birla Group
• Age: 57 Years
• Global Rank: 87

Attribute	Detail
Operational Sectors	Aluminium. Cement, Telecom, etc
Awards	Padma Bhushan

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Radhakishan Shivkishan Damani – The Retailer and Trader

Radhakishan Shivkishan Damani is called India’s retail king. He founded DMart, which operates 336 stores across the country. His investment ventures and property holdings further add to his wealth. His investment arm is Bright Star Investments Limited, through which he holds a good stock trading portfolio.

• Net Worth: $ 22.0 Billion
• Company: Avenue Supermarts Limited (DMart)
• Age: 69 Years
• Global Rank: 92

Attribute	Detail
Stakes in Companies	VST Industries and India Cements
Sectors	Investment Ventures, Real Estate

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Kushal Pal Singh – The Real Estate Man

Kushal Pal Singh is a retired army officer who turned DLF Limited into India’s largest real estate firm. He transformed and developed the DLF city in Gurgaon with various other projects. His son, Rajiv Singh Pal, now manages the company, which remains a leader in luxury real estate.

• Net Worth: $ 18.7 Billion
• Company: DLF Limited
• Age: 93 Years
• Global Rank: 98

Attribute	Detail
Award	Padma Bhushan in 2010
Autobiography	Whatever the Odds: The Incredible Story Behind DLF (2011)

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Ravi Kant Jaipuria – Th Beverage Man

Ravi Jaipuria is the owner of RJ Corp, which is a conglomerate in sectors like fast food, healthcare, beverage and education. He is also known as India’s king of soft drinks and leads Varun Beverages, PepsiCo’s largest bottling partner outside the US. His business interests extend to companies like KFC Pizza, Pizza Hut and Costa Coffee.

Net Worth: $ 17.9 Billion
Company: Varun Beverages  under RJ Corp
Age: 69 Years
Global Rank: 108

Attribute	Detail
Nickname	India’s Cola King
Other Ventures	Healthcare, Education, Hotels

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