Mukesh Ambani continues to be the richest Indian for the 12th year in a row, shows a report by Forbes. His net worth increased by nearly $4.1 billion to $51.4 billion (nearly Rs.3.60 lakh crore).
Among the other big gainers was infrastructure tycoon Gautam Adani, who jumped eight spots to become the second richest Indian. His net worth stands at $15.7 billion (around Rs 1.10 lakh crore). A resident of Gujarat, Adani venturing into a slew of new businesses from airports to data centres has benefitted him, the report said.
Banking giant Uday Kotak also gained big. His net worth rose by $4.0 billion (nearly Rs 28,000 crore) to $ 14.8 billion and propelled him into the top five for the first time.
There are six new faces in the 100 richest Indians this year. One of them is Byju Raveendran, the 38-year-old founder of fast-rising edtech unicorn Byju’s. Manohar Lal and Madhusudan Agarwal of Haldiram Snacks and Rajesh Mehra who owns the popular Jaquar brand of bathroom fittings are also among these six new faces.
These individuals did well to generate wealth and buck the trend in a year that was otherwise quite a challenging one for wealth creators. Of the 100 richest Indians, the net worth of more than half the list members have witnessed a decline. In all, 14 were poorer by $1 billion or more, and nine members from last year’s ranks dropped off the list.
The total wealth of this year’s 100 richest shrank 8% from a year ago to $452 billion. It is pertinent to note that more than a third of that decline was due to the generosity of tech tycoon Azim Premji, who gave away a chunk of his fortune in March and consequently dropped in the ranks to the 17th spot from the second spot.
Here is a table containing details of the Forbes 100 richest Indians
Rank |
Name |
Net worth (In $ Billion) |
Company |
Age |
1 |
Mukesh Ambani |
51.4 |
Reliance Industries |
62 |
2 |
Gautam Adani |
15.7 |
Adani Ports & SEZ |
57 |
3 |
Hinduja brothers |
15.6 |
Ashok Leyland |
83, 78, 73, 68 |
4 |
Pallonji Mistry |
15 |
Shapoorji Pallonji Group |
90 |
5 |
Uday Kotak |
14.8 |
Kotak Mahindra Bank |
60 |
6 |
Shiv Nadar |
14.4 |
HCL Technologies |
74 |
7 |
Radhakishan Damani |
14.3 |
Avenue Supermarts |
64 |
8 |
Godrej family |
12 |
Godrej Group |
NA |
9 |
Lakshmi Mittal |
10.5 |
ArcelorMittal |
69 |
10 |
Kumar Mangalam Birla |
9.6 |
Aditya Birla Group |
52 |
11 |
Bajaj family |
9.2 |
Bajaj Auto |
NA |
12 |
Cyrus Poonawalla |
9.1 |
Serum Institute of India |
78 |
13 |
Burman family |
8.3 |
Dabur |
NA |
14 |
Sunil Mittal |
7.6 |
Bharti Airtel |
62 |
15 |
Dilip Shanghvi |
7.55 |
Sun Pharmaceutical Industries |
63 |
16 |
Madhukar Parekh |
7.5 |
Pidilite Industries |
73 |
17 |
Azim Premji |
7.2 |
Wipro |
74 |
18 |
Nusli Wadia |
7.1 |
Britannia Industries |
75 |
19 |
Benu Gopal Bangur |
6.3 |
Shree Cement |
88 |
20 |
Savitri Jindal |
5.8 |
O.P. Jindal Group |
69 |
21 |
Kuldip & Gurbachan Singh Dhingra |
5.5 |
Berger Paints India |
72, 69 |
22 |
Kapil & Rahul Bhatia |
5.4 |
Interglobe Aviation |
87, 59 |
23 |
Ashwin Dani |
4.8 |
Asian Paints |
76 |
24 |
Harsh Mariwala |
4.6 |
Marico |
68 |
25 |
Kushal Pal Singh |
4.35 |
DLF |
88 |
26 |
M.A. Yusuff Ali |
4.3 |
LuLu Group |
63 |
27 |
Sudhir & Samir Mehta |
4.15 |
Torrent Group |
65, 56 |
28 |
Hasmukh Chudgar |
4.1 |
Intas Pharmaceuticals |
86 |
29 |
Vinod & Anil Rai Gupta |
4 |
Havells India |
74, 50 |
30 |
Karsanbhai Patel |
3.9 |
Nirma |
75 |
31 |
Mahendra Choksi |
3.85 |
Asian Paints |
78 |
32 |
Vikram Lal |
3.8 |
Eicher Motors |
77 |
33 |
Micky Jagtiani |
3.7 |
Landmark Group |
68 |
34 |
Pawan Munjal |
3.65 |
Hero MotoCorp |
65 |
35 |
Abhay Vakil |
3.5 |
Asian Paints |
68 |
36 |
Rajendra Agarwal |
3.45 |
Macleods Pharmaceuticals |
60 |
37 |
Murali Divi |
3.4 |
Divi's Laboratories |
68 |
38 |
Anil Agarwal |
3.35 |
Vedanta Resources |
66 |
39 |
P.P. Reddy |
3.3 |
Megha Engineering & Infrastructure |
62 |
40 |
Chandru Raheja |
3.2 |
K. Raheja Corp |
79 |
41 |
Singh family |
3.18 |
Alkem Laboratories |
NA |
42 |
B.R. Shetty |
3.15 |
NMC Health |
77 |
43 |
Ravi Pillai |
3.1 |
RP Group |
66 |
44 |
M.G. George Muthoot |
3.05 |
Muthoot Finance |
69 |
45 |
Ajay Piramal |
2.95 |
Piramal Enterprises |
64 |
46 |
Pankaj Patel |
2.8 |
Cadila Healthcare |
66 |
47 |
Mangal Prabhat Lodha |
2.65 |
Lodha Group |
63 |
48 |
Rakesh Jhunjhunwala |
2.6 |
Rare Enterprises |
59 |
49 |
Kalanithi Maran |
2.5 |
Sun TV Network |
54 |
50 |
Jitendra Virwani |
2.48 |
Embassy Property Development |
53 |
51 |
N.R. Narayana Murthy |
2.47 |
Infosys |
73 |
52 |
Vivek Chaand Sehgal |
2.45 |
Motherson Sumi Sytems |
63 |
53 |
Ravi Jaipuria |
2.4 |
RJ Corp |
64 |
54 |
Kiran Mazumdar-Shaw |
2.38 |
Biocon |
66 |
55 |
Senapathy Gopalakrishnan |
2.36 |
Infosys |
64 |
56 |
Vijay Shekhar Sharma |
2.35 |
Paytm |
41 |
57 |
Shashi & Ravi Ruia |
2.33 |
Essar Group |
75, 70 |
58 |
Ramesh Juneja |
2.3 |
Mankind Pharma |
66 |
59 |
P.V. Ramprasad Reddy |
2.25 |
Aurobindo Pharma |
61 |
60 |
Rajan Raheja |
2.22 |
Exide Industries |
65 |
61 |
Gupta family |
2.2 |
Lupin |
NA |
62 |
Abhay Firodia |
2.12 |
Force Motors |
74 |
63 |
Vikas Oberoi |
2.11 |
Oberoi Realty |
49 |
64 |
Amalgamations Group family |
2.1 |
Tractors & Farm Equipment |
NA |
65 |
Murugappa family |
2.09 |
Murugappa Group |
NA |
66 |
Baba Kalyani |
2.07 |
Bharat Forge |
70 |
67 |
Sunny Varkey |
2.05 |
GEMS Education |
62 |
68 |
Shyam & Hari Bhartia |
2 |
Jubilant Group |
66, 62 |
69 |
Vijay Chauhan |
1.95 |
Parle Products |
83 |
70 |
Salil Singhal |
1.93 |
PI Industries |
72 |
71 |
Leena Tewari |
1.92 |
USV India |
62 |
72 |
Byju Raveendran |
1.91 |
Byju's |
38 |
73 |
Sunder Genomal |
1.9 |
Page Industries |
65 |
74 |
Yusuf Hamied |
1.89 |
Cipla |
83 |
75 |
Mofatraj Munot |
1.85 |
Kalpataru |
74 |
76 |
Sridhar Vembu |
1.83 |
Zoho |
51 |
77 |
Harsh Goenka |
1.82 |
RPG Group |
61 |
78 |
Nandan Nilekani |
1.81 |
Infosys |
64 |
79 |
Sanjiv Goenka |
1.8 |
RP-Sanjiv Goenka Group |
58 |
80 |
Kishore Biyani |
1.78 |
Future Group |
58 |
81 |
Mahendra Prasad |
1.77 |
Aristo Pharmaceuticals |
79 |
82 |
Reddy family |
1.76 |
Dr. Reddy's Laboratories |
NA |
83 |
Jain family |
1.75 |
Bennett Coleman & Co. |
NA |
84 |
Anurang Jain |
1.74 |
Endurance Technologies |
57 |
85 |
Devendra Jain |
1.73 |
Gujarat Fluorochemicals |
90 |
86 |
Manohar Lal & Madhusudan Agarwal |
1.7 |
Haldiram Snacks |
64, 63 |
87 |
Rajju Shroff |
1.69 |
UPL |
85 |
88 |
Anand Mahindra |
1.65 |
Mahindra & Mahindra |
64 |
89 |
K. Dinesh |
1.61 |
Infosys |
65 |
90 |
Sunil Vaswani |
1.6 |
Stallion Group |
56 |
91 |
Lachhman Das Mittal |
1.59 |
Sonalika Group |
88 |
92 |
Ranjan Pai |
1.58 |
Manipal Group |
46 |
93 |
Rajesh Mehta |
1.57 |
Rajesh Exports |
55 |
94 |
Bhavin & Divyank Turakhia |
1.54 |
Media.net |
39, 37 |
95 |
Rajesh Mehra |
1.5 |
Jaquar Group |
61 |
96 |
Bhadresh Shah |
1.49 |
AIA Engineering |
67 |
97 |
Acharya Balkrishna |
1.47 |
Patanjali Ayurved |
47 |
98 |
Sandeep Engineer |
1.45 |
Astral Poly Technik |
58 |
99 |
Shamsheer Vayalil |
1.41 |
VPS Healthcare |
42 |
100 |
S.D. Shibulal |
1.4 |
Infosys |
64 |
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