India's remarkable economic upsurge has led to a significant increase in the number of billionaires, with a record-breaking 200 individuals featured on the 2024 World's Billionaires list. The list is headlined by the renowned business magnate, Mukesh Ambani, followed by other prominent figures like Gautam Adani and Shiv Nadar. This article presents the top 10 wealthiest individuals in India, as per Forbes' Real-Time Billionaires rankings, which diligently track the global billionaire community. The data referenced is current as of July 13, 2024.
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List of 10 Richest People in India in 2024
Here is the list of 10 Richest People in India in 2024:
| India Rank | Name | Global Rank | Net worth (US$) | Company |
| 1 | Mukesh Ambani | 11 | $123.7 B | Reliance Industries |
| 2 | Gautam Adani | 20 | $83.4 B | Adani Group |
| 3 | Savitri Jindal & Family | 31 | $40.7 B | JSW Group |
| 4 | Shiv Nadar | 49 | $35.0 B | HCL Technologies |
| 5 | Dilip Shanghvi | 72 | $26.0 B | Sun Pharmaceutical Industries Ltd |
| 6 | Kumar Birla | 83 | $24.0 B | Aditya Birla Group |
| 7 | Cyrus Poonawalla | 89 | $22.4 B | Serum Institute of India |
| 8 | Radhakishan Damani | 91 | $21.8 B | Avenue Supermarkets |
| 9 | Kushal Pal Singh | 102 | $18.4 B | DLF Limited |
| 10 | Ravi Jaipura | 106 | $17.7 B | Varun Beverages |
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Richest Person in India in 2024
1. Mukesh Ambani
Age: 66 Years
Net Worth: $123.7 B
Source: Reliance Industries Ltd
At 66, Mukesh Ambani boasts an impressive net worth of $110.9 billion, placing him at the pinnacle of India's wealth hierarchy. As the Managing Director and Chairman of Reliance Industries, Ambani oversees a vast enterprise generating revenues surpassing Rs 8 lakh crore ($104 billion). Reliance Industries' diverse portfolio includes petrochemicals, oil and gas, retail, telecom, and more. The Ambani family's involvement extends through his three children—Akash, Anant, and Isha—who each manage different divisions of this corporate giant.
2. Gautam Adani
Age: 61 Years
Net Worth: $83.4 B
Source: Adani Group
Gautam Shantilal Adani's remarkable net worth of $77.8 billion is attributed to the Adani Group's efforts. Under his guidance, this multinational conglomerate dominates India's port operations and development sector. Notably, Adani's wife, Priti Adani, chairs the Adani Foundation, established by him in 1996. The group's interests span ports, airports, power generation and transmission, and renewable energy, among others. However, Hindenburg Research has accused Adani of financial impropriety and market manipulation, leading to a significant decline of over $120 billion in his firm's market valuation after the release of their findings.
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3. Savitri Jindal & family
Age: 73 Years
Net Worth: $40.7 B
Source: O.P. Jindal Group
Savitri Jindal, a prominent figure in Indian politics and entrepreneurship, holds the prestigious title of emeritus chair at the O.P. Jindal Group. Her four sons, Prithviraj, Sajjan, Ratan, and Naveen Jindal, manage various business sectors within the group, including JSW Sports, which plays a significant role in fostering a dynamic sports ecosystem in India. Savitri Jindal proudly holds the title of India's wealthiest woman
4. Shiv Nadar
Age: 78 Years
Net Worth: $35.0 B
Source: HCL Enterprise
Shiv Nadar's remarkable wealth, totalling $30.7 billion, is largely attributed to his ownership of HCL. The company has garnered acclaim for its significant contributions to the IT sector, serving esteemed clients such as Cisco, Microsoft, and Boeing. In 2008, the Indian government honoured Mr. Nadar with the Padma Bhushan, the nation's third-highest civilian award, acknowledging his outstanding contributions. In addition to his business acumen, Mr. Nadar is recognised as a committed philanthropist, exemplified by his substantial donation of Rs. 1,161 crore in late 2022.
5. Dilip Shanghvi
Age: 67 Years
Net Worth: $26.0 B
Source: Sun Pharmaceuticals
At 67 years old, Dilip Shanghvi has accumulated a wealth of $23.9 billion through his groundbreaking efforts at Sun Pharmaceutical Industries. Under his guidance, Sun Pharmaceutical achieved a historic milestone as the first Indian pharmaceutical company to reach a valuation of $5 billion. Shanghvi's growth trajectory included a significant acquisition of Ranbaxy Laboratories for $4 billion in 2014, marking a transformative step in the company's evolution.
6. Kumar Birla
Age: 57 Years
Net Worth: $24.0 B
Source: Aditya Birla Group
Kumar Birla, a renowned figure in the commodities industry, helms the Aditya Birla Group, a diversified conglomerate with interests in aluminium, cement, financial services, and more. Notably, Birla previously served as the non-executive chairman of Vodafone Idea, a leading telecommunications company, until his resignation in 2021 due to the company's escalating debt issues. However, in a recent development, Birla has been reappointed as a non-executive director of Vodafone Idea, coinciding with the company's historic ₹18,000 crore FPO, the largest in India's history. This milestone marks a significant turning point for Vodafone Idea, dubbed "Vodafone Idea 2.0," which focuses on network enhancements and 5G deployment.
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