India’s economy’s meteoric rise has led to curiosity about the country’s wealthiest individuals. A record 169 Indians are featured on Forbes’ 2023 World’s Billionaires list, surging from the prior year’s 166. The Top 10 Richest Persons in India is unsurprisingly led by Mukesh Ambani, alongside notable figures like Gautam Adani and Uday Kotak. Forbes’ Real-Time Billionaires rankings provide insights into the financial elite, meticulously tracking billionaires across the globe. This curated list divulges the top ten richest individuals in India, showcasing the eminent personalities making their mark on the country’s economic landscape.

Interesting facts about Top 10 Richest Person in India

01. Reliance Industries Chairman Mukesh Ambani now richest Indian on 2023 Forbes list of India’s 100 Richest, beats Gautam Adani to the top spot.

02. The richest among them is HCL’s Shiv Nadar, with wealth worth ₹2,28,900 crore. 

03. Mukesh Ambani the chairman and largest shareholder of Reliance Industries, has been the richest Indian for 14 consecutive years.

04. Ratan Tata has a net worth of Rs 3800 crore, which was largely sourced from Tata Sons. He was ranked at 421 on the list of richest Indians, as per IIFL Wealth Hurun India Rich List 2022.

05. nikhil kamath: Zerodha’s Nikhil Kamath now India’s youngest billionaire at 37 – The Economic Times.

List of Top 10 Richest Person in India

Mukesh Ambani, recognized as the wealthiest individual in India and among the Top 10 Richest Persons in the country, holds the position of Chairman and Managing Director at Reliance Industries. According to Forbes, Reliance Industries boasts a substantial revenue, surpassing Rs 8 lakh crore ($104 billion). Operating across diverse sectors like petrochemicals, oil and gas, retail, and telecommunications, the conglomerate under Ambani’s leadership has left an indelible mark. Notably, Ambani’s three children, Akash, Anant, and Isha Ambani, actively contribute to managing the conglomerate’s varied divisions. This insight into Mukesh Ambani’s influential role within Reliance Industries offers a comprehensive view of the financial eminence and stature of India’s Top 10 Richest Person.

Source of Wealth: Reliance Industries Ltd

Gautam Shantilal Adani, a distinguished Indian billionaire industrialist, stands as the founder and chairman of the Adani Group, a multinational conglomerate focused on port operations and development in India. Founded in 1996 by Adani, the Adani Foundation, chaired by his wife Priti Adani, exemplifies the group’s commitment to various social causes. The group’s extensive commercial ventures encompass port operations, airports, power generation and transmission, and renewable energy. Notably, Adani is recognized as India’s largest airport operator and owns the colossal Mundra Port in Gujarat. However, in January 2023, Hindenburg Research, a U.S. entity, accused Adani and his firms of financial impropriety and stock market manipulation. This report led to a substantial drop in the stock prices of Adani Group firms, resulting in a market value decline of over $120 billion, marking a pivotal moment for this Top 10 Richest Person in India.

Source of Wealth: Adani Group

Cyrus Poonawalla, a key figure in India’s vaccine development, reaps considerable benefits through his ownership of the privately held Serum Institute of India, where his son Adar is actively involved in management. Situated in Pune, the institute holds the distinction of being the world’s largest vaccine manufacturer. Poonawalla’s rise in wealth is notably attributed to the extensive use of SII’s Covid-19 vaccines. As one of the Top 10 Richest Persons in India, Poonawalla’s fortune mirrors the immense success and impact of the Serum Institute’s contribution to combating the global health crisis.

Source of Wealth: Serum Institute of India

Shiv Nadar, the owner of the HCL group, leads an IT conglomerate serving prominent clients such as Cisco, Microsoft, and Boeing. In recognition of his exceptional contributions to the IT industry, Mr. Nadar received the Padma Bhushan, India’s third-highest civilian honor, from the Indian government in 2008. Nadar is not just an industrialist but also a renowned philanthropist. His notable generosity includes a plan to donate Rs 1,161 crore in late 2022. As one of the Top 10 Richest Persons in India, Shiv Nadar’s significant role in both business and philanthropy reflects his enduring influence and impact on the country’s IT sector and social welfare landscape.

Source of Wealth: HCL Enterprise

শীর্ষ ১০ টি মার্কেটিং জন্য এআই টুল

Savitri Jindal, an Indian businesswoman and political figure, holds the emeritus leadership position within the O.P. Jindal Group. Her four sons—Prithviraj, Sajjan, Ratan, and Naveen Jindal—oversee diverse divisions within the company. The conglomerate’s reach spans across multiple regions, including India, the United States, South America, Europe, and Africa. JSW Sports, a segment of the JSW Group, operates under the conglomerate’s umbrella, aiming to foster a vibrant sports ecosystem in India. As one of the Top 10 Richest Persons in India, Savitri Jindal plays a pivotal role in the family business’s growth and influence in various sectors, reflecting her impact in both business and politics in India.

Source of Wealth: O.P. Jindal Group

Radhakishan Shivkishan Damani, an influential figure among India’s Top 10 Richest Persons, established Avenue Supermarts Limited, overseeing a vast chain of over 200 DMart stores nationwide. Known for his remarkable business acumen, Damani wields substantial influence over his financial ventures through Bright Star Investments Limited. His innovative approach and expansive retail footprint with DMart stores underscore his notable position within India’s business landscape. As a noteworthy entrepreneur and investor, Damani’s presence and impact on India’s entrepreneurial and investment domains affirm his significant role among the country’s prominent figures, portraying a remarkable journey in the business realm.

Source of Wealth: Avenue Supermarts Limited

Lakshmi Mittal, a prominent figure among the Top 10 Richest Persons in India, serves as the current Chairman and CEO of ArcelorMittal, the world’s largest steel manufacturer. The company made significant strides by acquiring Essar Steel for $5.9 billion in 2019, in collaboration with Nippon Steel, previously owned by Shashi and Ravi Ruia. Mittal’s strategic vision was evident as he passed on the CEO role to his son, Aditya Mittal, in 2021 while continuing as the executive chairman of ArcelorMittal. Recent global events affected ArcelorMittal’s operations, leading to the cessation of activities at its Kryvyi Rih complex in Ukraine following Russia’s invasion. Mittal’s leadership in ArcelorMittal and the company’s substantial mergers and operations cement his position as a key player in India’s economic landscape, marking his influence as a notable entrepreneur and industry leader.

Source of Wealth: ArcelorMittal

Dilip Shanghvi, among India’s Top 10 Richest Persons, is a distinguished Indian business tycoon acclaimed for his role in establishing Sun Pharmaceutical Industries, the first pharmaceutical company in India to achieve a valuation of $5 billion. His strategic vision and entrepreneurial acumen propelled the growth of Sun Pharmaceutical through a series of acquisitions, notably the noteworthy acquisition of Ranbaxy Laboratories in 2014, which amounted to $4 billion. Shanghvi’s leadership and pivotal contributions in steering Sun Pharmaceutical Industries to attain unprecedented valuations underscore his influential role in India’s pharmaceutical landscape, marking him as a notable figure in the country’s business and pharmaceutical sectors.

Source of Wealth: Sun Pharmaceuticals

Kumar Birla, part of India’s Top 10 Richest Persons, assumes the role of CEO of the Aditya Birla Group, a significant entity in the commodities industry. The group, known for its involvements in aluminum, cement, and financial services, witnessed Birla taking the helm. He also served as the non-executive chairman of Vodafone Idea until 2021 when the company encountered mounting debts, prompting his resignation. Despite stepping down, Birla continued as a non-executive director until 2023. Notably, his children, Ananya and Aryaman, have recently joined the boards of the group’s flagship enterprises. Birla, anticipating their infusion of new ideas, enthusiasm, and dynamism, envisions their contributions to the company’s growth and evolution. His influential role in the Aditya Birla Group, alongside his family’s involvement in steering the business, reflects his significance within India’s elite business circles.

Source of Wealth: Hindalco Industries

Uday Kotak, one of India’s Top 10 Richest Persons, is recognized as the Founder and Managing Director of the Kotak Mahindra Group. In a strategic move aimed at enhancing regulatory compliance and flexibility, Uday Kotak intended to decrease his ownership in the bank during 2020. He has also been actively engaged in succession planning, preparing his son, Jay Kotak, to take on a leadership role within the organization. This transition strategy signifies Kotak’s forward-thinking approach and dedication to steering the Kotak Mahindra Group toward continued success and evolution. His dynamic leadership and commitment to grooming the next generation reflect his significance in India’s business landscape, positioning the Kotak Mahindra Group as a prominent entity within the country’s financial sector.

Source of Wealth: Kotak Mahindra Bank