Annual Ranking Highlights Surge in Wealth, with Combined Fortune Reaching $954 Billion
Forbes Reveals India’s Richest in 2024: Forbes has unveiled its highly anticipated annual ranking of the wealthiest individuals in India for 2024, showcasing a notable increase in both the number of entrants and their cumulative wealth. The list, featuring 200 prominent figures, marks a significant upsurge from the 169 individuals listed in 2023. Collectively, these affluent Indians command an astonishing $954 billion, reflecting a remarkable 41% surge from the previous year’s total of $675 billion.
Forbes Reveals India’s Richest in 2024: Top 10 Wealthiest Indians.
Mukesh Ambani – $116 billion:
Securing the top spot is Mukesh Ambani, the visionary chairman and largest shareholder of Reliance Industries Limited. With diversified interests spanning petrochemicals, oil, natural gas exploration, telecommunications, and retail, Ambani’s empire continues to dominate the economic landscape, boasting a staggering net worth of $116 billion.
Gautam Adani – $84 billion:
Following closely is Gautam Adani, the chairman of Adani Group. Renowned for its presence in ports, airports, power generation and transmission, and commitment to green energy initiatives, Adani’s influence remains pivotal, with his net worth standing at an impressive $84 billion.
Shiv Nadar – $36.9 billion:
Earning the third position is Shiv Nadar, the pioneering founder of HCL Technologies. Nadar’s visionary leadership has propelled HCL to the forefront of the IT industry, with his daughter, Roshni Nadar Malhotra, assuming the reins as chairman in 2020. His net worth stands at $36.9 billion.
Savitri Jindal – $35.5 billion:
Retaining her status as the wealthiest woman in India, Savitri Jindal ascends to the fourth position, up from sixth place last year. Her considerable fortune of $35.5 billion underscores her formidable presence in the business arena.
Dilip Shanghvi – $26.7 billion:
Noteworthy among the top ranks is Dilip Shanghvi, the visionary founder of Sun Pharmaceutical Industries Limited. With a net worth of $26.7 billion, Shanghvi continues to spearhead one of the largest pharmaceutical companies globally.
Cyrus Poonawalla – $21.3 billion:
Making a significant impact is Cyrus Poonawalla, the esteemed entrepreneur behind the Serum Institute of India. Poonawalla’s pioneering efforts in vaccine production have earned him widespread acclaim, with a net worth of $21.3 billion.
Kushal Pal Singh – $20.9 billion:
Commanding attention is Kushal Pal Singh, the esteemed Chairman of DLF Limited. As a prominent figure in the real estate sector, Singh’s net worth of $20.9 billion underscores his enduring influence.
Kumar Birla – $19.7 billion:
Notable among the top ranks is Kumar Mangalam Birla, the distinguished Chairman of the Aditya Birla Group. Hailing from the illustrious Birla family, his entrepreneurial prowess is reflected in his net worth of $19.7 billion.
Radhakishan Damani – $17.6 billion:
Emerging as a formidable force is Radhakishan Damani, the billionaire investor and founder of Avenue Supermarts Limited. With the renowned retail chain D-Mart under his purview, Damani commands a net worth of $17.6 billion.
Lakshmi Mittal – $16.4 billion:
Rounding off the top 10 is Lakshmi Mittal, the billionaire industrialist serving as Chairman and CEO of ArcelorMittal. Born in India and now a British citizen, Mittal’s leadership in the steelmaking industry is reflected in his net worth of $16.4 billion
