The top 10 richest people in India in 2023
| Name & India Rank | Global Rank | Net worth (US$) | Company |
|---|---|---|---|
| #1 Mukesh Ambani | 15 | $93.9 B | Reliance Industries |
| #2 Gautam Adani | 23 | $60.2 B | Adani Group |
| #3 Shiv Nadar | 48 | $30.5 B | HCL Technologies |
| #4 Savitri Jindal & family | 54 | $27.6 B | JSW Group |
| #5 Cyrus Poonawalla | 75 | $22.4 B | Serum Institute of India |
| #6 Dilip Shanghvi | 88 | $20.4 B | Sun Pharmaceutical Industries Ltd |
| #7 Kumar Birla | 95 | $18.6 B | Aditya Birla Group |
| #8 Radhakishan Damani | 100 | $17.6 B | DMart, Avenue Supermarts |
| #9 Lakshmi Mittal | 107 | $16.3 B | ArcelorMittal |
| #10 Kushal Pal Singh | 121 | $14.8 B | DLF Limited |
Here are brief profiles of the top 10 richest individuals in India in 2023:
1. Mukesh Ambani
- Age: 66
- Net Worth: $89.7 Billion
- Source of Wealth: Reliance Industries Ltd
- Overview: Mukesh Ambani is the Chairman of Reliance Industries, a conglomerate involved in various sectors like petrochemicals, oil, gas, retail, and telecom. His children are actively engaged in managing different divisions of the company.
2. Gautam Adani
- Age: 61
- Net Worth: $51.7 Billion
- Source of Wealth: Adani Group
- Overview: Gautam Adani is the founder of the Adani Group, operating in ports, airports, power generation, transmission, and green energy. Recent controversies around financial fraud and stock market manipulation impacted the group’s market value.
3. Shiv Nadar
- Age: 78
- Net Worth: $29.1 Billion
- Source of Wealth: HCL Enterprise
- Overview: Shiv Nadar owns HCL, catering to renowned clients like Cisco, Microsoft, and Boeing. He’s honored with India’s Padma Bhushan and is recognized for significant philanthropic donations.
4. Savitri Jindal & family
- Age: 73
- Net Worth: $25.3 Billion
- Source of Wealth: O.P. Jindal Group
- Overview: Savitri Jindal is an Indian entrepreneur leading the O.P. Jindal Group. Her four sons manage various divisions, and she’s known for philanthropic initiatives, including sports development via JSW Sports.
5. Cyrus Poonawalla
- Age: 82
- Net Worth: $21.2 Billion
- Source of Wealth: Serum Institute of India
- Overview: Cyrus Poonawalla, through the Serum Institute of India, is a key figure in vaccine development and is recognized as the world’s largest vaccine manufacturer.
6. Dilip Shanghvi
- Age: 67
- Net Worth: $19.5 Billion
- Source of Wealth: Sun Pharmaceuticals
- Overview: Dilip Shanghvi leads Sun Pharmaceutical Industries, known for growth through acquisitions, including the significant purchase of Ranbaxy Laboratories.
7. Radhakishan Shivkishan Damani
- Age: 68
- Net Worth: $16.6 Billion
- Source of Wealth: Avenue Supermarts Limited
- Overview: Radhakishan Damani founded Avenue Supermarts, operating DMart stores, and manages investments via Bright Star Investments.
8. Kumar Birla
- Age: 56
- Net Worth: $17.8 Billion
- Source of Wealth: Hindalco Industries
- Overview: Kumar Birla leads the Aditya Birla Group, active in commodities like aluminum and cement, and financial services.
9. Lakshmi Mittal
- Age: 73
- Net Worth: $15.2 Billion
- Source of Wealth: ArcelorMittal
- Overview: Lakshmi Mittal heads ArcelorMittal, the largest global steel manufacturer, which faced production halts due to the conflict in Ukraine.
10. Kushal Pal Singh
- Age: 92
- Net Worth: $13.7 Billion
- Source of Wealth: DLF Limited
- Overview: Kushal Pal Singh, chairman emeritus of DLF, is a key figure in India’s real estate sector, and he has a long-standing association with DLF.
11. Uday Kotak
- Age: 64
- Net Worth: $13.2 Billion
- Source of Wealth: Kotak Mahindra Bank
- Overview: Uday Kotak leads Kotak Mahindra Group, and he’s been instrumental in expanding the group’s presence, grooming his son for a future leadership role.
These individuals have made significant strides in various sectors, contributing to India’s economy and society through their entrepreneurial endeavors and philanthropic initiatives.