India is home to some of the world’s wealthiest people, with its economy having grown rapidly over the past few decades. According to Forbes’ 2021 list of billionaires, there are over 140 Indian billionaires, with a total net worth of over $500 billion. Let’s take a closer look at some of the top rich people in India.
- Mukesh Ambani – Net Worth: $120 billion
Mukesh Ambani, the chairman of Reliance Industries, is the richest person in India and the 6th richest person in the world. He inherited Reliance from his father and transformed it into one of the world’s largest conglomerates. Reliance Industries operates in a variety of industries, including oil and gas, petrochemicals, textiles, and telecommunications.
- Gautam Adani – Net Worth: $98.5 billion
Gautam Adani, the founder of the Adani Group, is the second-richest person in India. The Adani Group has interests in a variety of sectors, including ports, logistics, and energy. Adani’s wealth has increased significantly in recent years, thanks in part to the rise of his renewable energy business.
- Shiv Nadar – Net Worth: $38.8 billion
Shiv Nadar is the founder of HCL Technologies, one of India’s largest software services companies. Nadar is also a philanthropist and has donated large sums of money to education and healthcare initiatives in India.
- Radhakishan Damani – Net Worth: $33.3 billion
Radhakishan Damani is the founder of the retail chain DMart, which has become one of India’s largest and most successful retailers. Damani is known for his shrewd investment strategies and has made significant investments in the stock market.
- Cyrus Poonawalla – Net Worth: $16.5 billion
Cyrus Poonawalla is the founder of the Serum Institute of India, which is the world’s largest vaccine manufacturer by volume. The Serum Institute of India has played a vital role in the global fight against COVID-19 by producing large quantities of the Oxford-AstraZeneca vaccine.
- Uday Kotak – Net Worth: $16.5 billion
Uday Kotak is the founder of Kotak Mahindra Bank, one of India’s leading private sector banks. Kotak is known for his conservative approach to banking and his focus on building a sustainable business.
- Savitri Jindal – Net Worth: $14.7 billion
Savitri Jindal is the chairperson of the Jindal Group, a conglomerate with interests in steel, power, cement, and infrastructure. She inherited the business from her husband and has since expanded it into one of India’s largest conglomerates.
- Radha Vembu – Net Worth: $13.5 billion
Radha Vembu is the co-founder of Zoho Corporation, a software services company that provides cloud-based business applications. Zoho is known for its focus on customer service and has become one of India’s most successful software companies.
- Pallonji Mistry – Net Worth: $13.3 billion
Pallonji Mistry is the chairman of the Shapoorji Pallonji Group, a conglomerate with interests in construction, engineering, and real estate. Mistry is also the largest shareholder in Tata Sons, the holding company of the Tata Group.
- Lakshmi Mittal – Net Worth: $12.1 billion
Lakshmi Mittal is the chairman and CEO of ArcelorMittal, one of the world’s largest steel companies. Mittal is known for his aggressive acquisition strategy and has expanded his business