In year two of the pandemic, India's richest increased their cumulative wealth by 50 percent. Mukesh Ambani remains the wealthiest Indian for the 14th year in a row—since 2008—adding $4 billion to his net worth in 2021. Gautam Adani is now a close second with a $74.8 billion fortune, only $17.9 billion shy of Ambani. Savitri Jindal reenters the top 10 club with $18 billion. Four pharma billionaires saw their wealth erode. India’s 100 richest are now worth $775 billion.
Setting a brand new record, members of the Forbes India Rich List—The 100 Richest Indians 2021 saw their cumulative wealth increase to $775 billion, adding $257 billion—a 50 percent gain—from 2020. This comes at a time when the country is recovering from the Covid-19 pandemic which led the benchmark BSE Sensex to rise 52 percent in the year.