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Mukesh Ambani
#1
Wealth
Change:
wealth change
#1

Mukesh Ambani, 66

Net Worth:

$92 billion
Wealth Change:
wealth change

Company:

Reliance Industries

Industry:

Diversified

Mukesh Ambani is the Chairman & MD of Reliance Industries Ltd, an O2C, telecom, and new energy conglomerate. Mukesh Ambani's net worth stands at Rs765,348.00 crore. He reclaimed the top spot this year, with his net worth soaring by $4 billion this year

Gautam Adani
#2
Wealth
Change:
wealth change
#2

Gautam Adani, 61

Net Worth:

$68 billion
Wealth Change:
wealth change

Company:

Adani Enterprises

Industry:

Diversified

Gautam Adani, Chairperson, Adani Group, has a net worth of Rs565,692.00 crore in rupee terms. After soaring to $150 billion last year, his net worth declined by a whopping $82 billion or 54.67% this year. Adani controls India's largest port in Mundra, Gujarat.

Shiv Nadar
#3
Wealth
Change:
wealth change
#3

Shiv Nadar, 78

Net Worth:

$29.3 billion
Wealth Change:
wealth change

Company:

HCL Technologies

Industry:

Technology

Software tycoon Shiv Nadar climbed two spots to return to No. 3 as shares of HCL Technologies jumped 42% in the past year amid a tech rebound. He saw the biggest wealth gain in absolute terms—$7.9 billion. Nadar has donated $662 million to education-related causes. His net worth is Rs243,746.70 crore.

Savitri Jindal
#4
Wealth
Change:
wealth change
#4

Savitri Jindal, 73

Net Worth:

$24 billion
Wealth Change:
wealth change

Company:

O.P. Jindal Group

Industry:

Metals & Mining

Matriarch Savitri Jindal of the O.P. Jindal Group, a power and steel conglomerate, is at No. 4 with $24 billion, up 46%, thanks partly to the September IPO of ports unit JSW Infrastructure by her hardcharging son Sajjan Jindal. She saw the 2nd largest wealth gain—$7.6 billion—in absolute terms this year. She is also the only woman billionaire and an active politician in the top 10. Her net worth is Rs199,656.00 crore.

Radhakishan Damani
#5
Wealth
Change:
wealth change
#5

Radhakishan Damani, 68

Net Worth:

$23 billion
Wealth Change:
wealth change

Company:

Avenue Supermarts

Industry:

Fashion & Retail

Radhakishan Damani, who owns the DMart chain of supermarkets, has a net worth of Rs191,337.00 crore. Damani's wealth saw the 2nd largest drop in wealth this year in absolute terms—$4.6 billion decline. Damani entered retailing in 2002 with one store. Now there are 271 DMart stores in India.

Cyrus Poonawalla
#6
Wealth
Change:
wealth change
#6

Cyrus Poonawalla, 82

Net Worth:

$20.7 billion
Wealth Change:
wealth change

Company:

Serum Institute of India

Industry:

Healthcare

Cyrus Poonawalla is the Chairman of the world's largest vaccine manufacturing company, Serum Institute of India. His net worth is Rs172,203.30 crore. SII forged multiple partnerships to make Covid-19 vaccines at the height of the pandemic. Poonawalla's assets also include stud farms.

Hinduja Family
#7
Wealth
Change:
wealth change
#7

Hinduja Family, NA

Net Worth:

$20 billion
Wealth Change:
wealth change

Company:

Ashok Leyland

Industry:

Diversified

Parmanand Deepchand Hinduja started the Hinduja group in 1914. After the head of the family and former chairman Srichand Hinduja passed away in May 2023, the remaining three siblings—Gopichand, Prakash, and Ashok—now control the multinational conglomerate. Their net worth saw the third-largest jump—$4.8 billion—in absolute terms this year. Their total net worth stands at Rs166,380.00 crore. The 108-year-old group is present in 11 sectors, including automotive, oil, speciality chemicals, banking and finance, IT and ITeS, healthcare, media, and real estate. (Pictured: Gopichand Hinduja)

Dilip Shanghvi
#8
Wealth
Change:
wealth change
#8

Dilip Shanghvi, 68

Net Worth:

$19 billion
Wealth Change:
wealth change

Company:

Sun Pharmaceutical Industries

Industry:

Healthcare

Dilip Shanghvi is the founder of Sun Pharmaceuticals which has more than 40 manufacturing facilities and serves more than 100 countries. With a net worth of Rs158,061.00 crore, Shanghvi also has interests in Sun Pharma Advanced Research and BioLight Life Sciences.

Kumar Birla
#9
Wealth
Change:
wealth change
#9

Kumar Birla, 56

Net Worth:

$17.5 billion
Wealth Change:
wealth change

Company:

Aditya Birla Group

Industry:

Diversified

Kumar Birla is the chairman of the textiles-to-cement conglomerate Aditya Birla Group. His net worth is Rs145,582.50 crore. Birla inherited the group at the age of 28 when his father, Aditya Birla, died in 1995.

Shapoor Mistry & Family
#10
Wealth
Change:
wealth change
#10

Shapoor Mistry & Family, 59

Net Worth:

$16.9 billion
Wealth Change:
wealth change

Company:

Shapoorji Pallonji Group

Industry:

Diversified

Shapoor Mistry now controls the Shapoorji Pallonji Group after the death of his father Pallonji Mistry and younger brother Cyrus Mistry earlier in 2022. The family's net worth is Rs140,591.10 crore. An 18.4% stake in Tata Sons is their biggest asset. (Pictured: Shapoor Mistry)

Sunil Mittal
#11
Wealth
Change:
wealth change
#11

Sunil Mittal, 65

Net Worth:

$16.8 billion
Wealth Change:
wealth change

Company:

Bharti Airtel

Industry:

Telecom

Sunil Bharti Mittal is the Founder and Chairperson of Bharti Enterprises, which has diversified interests in sectors such as telecom, insurance, real estate, and agriculture. The 65-year-old has a net worth of Rs139,759.20 crore. Mittal is a recipient of the Padma Bhushan, one of India's highest civilian honours, and serves on many international bodies and think tanks.

Godrej Family
#12
Wealth
Change:
wealth change
#12

Godrej Family, NA

Net Worth:

$16.7 billion
Wealth Change:
wealth change

Company:

Godrej Group

Industry:

Diversified

This family-managed conglomerate was founded by Ardeshir Godrej and his brother Pirojsha Burjorji Godrej in 1897. The family's net worth is Rs138,927.30 crore. The group has 15 business verticals and is headed by Adi Godrej. His daughter Nisaba and son Pirojsha run Godrej Consumer Products and Godrej Properties, respectively. (Pictured: Adi Godrej)

Lakshmi Mittal
#13
Wealth
Change:
wealth change
#13

Lakshmi Mittal, 73

Net Worth:

$15.9 billion
Wealth Change:
wealth change

Company:

ArcelorMittal

Industry:

Metals & Mining

Lakshmi Mittal is the executive chairman of ArcelorMittal's the world's biggest steelmaker outside of China. His net worth is Rs 132,272.10 crore. In succession planning, he made his son Aditya Mittal the CEO in 2021.

Bajaj Family
#14
Wealth
Change:
wealth change
#14

Bajaj Family, NA

Net Worth:

$15 billion
Wealth Change:
wealth change

Company:

Bajaj Auto

Industry:

Diversified

The Bajaj family owns a network of 40 companies under the Bajaj Group. The 96-year-old family-led business was started by Jamnalal Bajaj in Mumbai in 1926. With a net worth of Rs124,785.00 crore, the family's flagship company Bajaj Auto is ranked as the world's fourth largest two- and three-wheeler manufacturer.

Uday Kotak
#15
Wealth
Change:
wealth change
#15

Uday Kotak, 64

Net Worth:

$13.4 billion
Wealth Change:
wealth change

Company:

Kotak Mahindra Bank

Industry:

Finance & Investments

Uday Kotak, former MD and CEO of Kotak Mahindra Bank is India's wealthiest banker. He resigned from his posts at the bank in September this year and now serves as a non-executive director. His net worth is Rs 111,474.60 crore. He set up a finance firm in 1985 and converted it into a bank in 2003.

Kushal Pal Singh
#16
Wealth
Change:
wealth change
#16

Kushal Pal Singh, 92

Net Worth:

$11.9 billion
Wealth Change:
wealth change

Company:

DLF

Industry:

Real Estate

Property baron Kushal Pal Singh is chairman emeritus of DLF, India's biggest listed real estate firm by market cap. His net worth is Rs98,996.10 crore. Singh is an army veteran. He joined DLF, a company started by his father-in-law, in 1961 and served as chairman for more than five decades.

Azim Premji
#17
Wealth
Change:
wealth change
#17

Azim Premji, 78

Net Worth:

$11.6 billion
Wealth Change:
wealth change

Company:

Wipro

Industry:

Technology

Azim Premji is the founder of Wipro Limited and served as the chairman for close to four decades, diversifying the business. Premji's net worth is Rs96,500.40 crore. The multi-hyphenate tycoon remains a non-executive member of the board. Premji's son Rishad succeeded him as executive chairman in 2019. Premji is also known for his philanthropic work via the Azim Premji Foundation.

Ravi Jaipuria
#18
Wealth
Change:
wealth change
#18

Ravi Jaipuria, 68

Net Worth:

$11.5 billion
Wealth Change:
wealth change

Company:

Varun Beverages

Industry:

Food & Beverage

The king of soft drinks and fast foods, Ravi Jaipuria is the owner of companies such as the RJ Corp and Devyani International that operate many big beverage and fast food brands such as KFC. His net worth is Rs95,668.50 crore.

Madhukar Parekh
#19
Wealth
Change:
wealth change
#19

Madhukar Parekh, 77

Net Worth:

$11.1 billion
Wealth Change:
wealth change

Company:

Pidilite Industries

Industry:

Manufacturing

Madhukar Parekh is the Chairman of Pidilite Industries which deals in adhesives, sealants, and construction chemicals, among other things. His net worth is Rs92,340.90 crore. Best known for the iconic Fevicol, Pidilite was founded by the late Balvant Parekh in 1959.

Burman Family
#20
Wealth
Change:
wealth change
#20

Burman Family, NA

Net Worth:

$8.9 billion
Wealth Change:
wealth change

Company:

Dabur India

Industry:

Consumer Goods

The Burman family holds a consumer goods fortune drawn mainly from their majority stake in the listed flagship Dabur which was started in 1884 in Kolkata by S.K. Burman. The family's net worth is Rs 74,039.10 crore. In August 2022, the fifth-generation scion Mohit Burman was appointed chairman after cousin Amit Burman resigned. (Pictured: Anand Burman)

Kuldip Singh & Gurbachan Singh Dhingra
#21
Wealth
Change:
wealth change
#21

Kuldip Singh & Gurbachan Singh Dhingra, 76, 73

Net Worth:

$8.2 billion
Wealth Change:
wealth change

Company:

Berger Paints India

Industry:

Manufacturing

Kuldip Singh and Gurbachan Singh Dhingra control Berger Paints India, the country's second-largest paint maker. They bought the company from Vijay Mallya in 1991. Their net worth stands at Rs68,215.80 crore.

Dani Family
icon
#22
Wealth
Change:
NA
#22

Dani Family, NA

Net Worth:

$8 billion
Wealth Change:
NA

Company:

Asian Paints

Industry:

Manufacturing

Non-executive director of Asian Paints, Ashwin Dani joined the paints company in 1968. He passed away in September this year. Today, the net worth of the family is Rs 67,841.77 crore. Founded in 1942, Asian Paints is now one of Asia's biggest paint companies, and Ashwin's son Malav sits on the company board. (Pictured: Malav Dani)

Sudhir & Samir Mehta
#23
Wealth
Change:
wealth change
#23

Sudhir & Samir Mehta, 68, 60

Net Worth:

$7.9 billion
Wealth Change:
wealth change

Company:

Torrent Group

Industry:

Diversified

Brothers Sudhir and Samir Mehta run Torrent Group, founded by their father late Uttambhai Nathalal Mehta in 1959. Their net worth is Rs65,720.10 crore. Their diversified conglomerate includes Torrent Power and Torrent Gas.

Hasmukh Chudgar
#24
Wealth
Change:
wealth change
#24

Hasmukh Chudgar, 90

Net Worth:

$7.7 billion
Wealth Change:
wealth change

Company:

Intas Pharmaceuticals

Industry:

Healthcare

Hasmukh Chudgar founded the generics maker company Intas Pharmaceuticals in 1977. His sons Nimish and Binish now run the company. Their factories are in India, Europe, and Mexico. His net worth is Rs64,056.30 crore.

Murugappa Family
#25
Wealth
Change:
wealth change
#25

Murugappa Family, NA

Net Worth:

$7.3 billion
Wealth Change:
wealth change

Company:

Murugappa Group

Industry:

Diversified

The Murugappa family controls the Murugappa Group, a conglomerate founded in 1900 as a money-lending firm in Myanmar. It now has 29 businesses. Their net worth is Rs60,728.70 crore. (Pictured: A Vellayan)

Benu Gopal Bangur
#26
Wealth
Change:
wealth change
#26

Benu Gopal Bangur, 92

Net Worth:

$7.2 billion
Wealth Change:
wealth change

Company:

Shree Cement

Industry:

Manufacturing

Benu Gopal Bangur is the chairman of Shree Cement. He has a net worth of Rs59,896.80 crore. The company was founded in 1979 in Jaipur. Bangur got control of Shree Cement in the 1990s after a family split. The company is now run by his son, Hari Mohan, and grandson, Prashant.

M.A. Yusuff Ali
#27
Wealth
Change:
wealth change
#27

M.A. Yusuff Ali, 67

Net Worth:

$7.1 billion
Wealth Change:
wealth change

Company:

Lulu Group International

Industry:

Fashion & Retail

Owner of LuLu International and the retail king of the Middle East, M.A. Yusuff Ali has a net worth of Rs59,064.90 crore. He looks at over 255 stores and shopping malls in the Gulf. He also owns hotels in other countries — notable mentions include Waldorf Astoria in Scotland and the Great Scotland Yard Hotel.

Rekha Jhunjhunwala
#28
Wealth
Change:
wealth change
#28

Rekha Jhunjhunwala, 60

Net Worth:

$7 billion
Wealth Change:
wealth change

Company:

Rare Enterprises

Industry:

Finance & Investments

Rekha Jhunjhunwala replaced her husband Rakesh Jhunjhunwala—the Big Bull of India's stock markets—on the list after his death in August 2022. Her net worth is Rs58,233.00 crore. Their portfolio includes Titan, Star Health and Allied Insurance, and Metro Brands.

Ramesh & Rajeev Juneja
#29
Wealth
Change:
wealth change
#29

Ramesh & Rajeev Juneja, 68, 58

Net Worth:

$6.9 billion
Wealth Change:
wealth change

Company:

Mankind Pharma

Industry:

Healthcare

Ramesh Juneja, and his brother Rajeev, operate Mankind Pharma. It is a formulation, therapeutic drug, and consumer healthcare company. The Junejas' net worth is Rs57,401.10 crore. Pharma brothers Ramesh and Rajeev Juneja got a handsome 64% boost from the May listing of their company

Vinod & Anil Rai Gupta
#30
Wealth
Change:
wealth change
#30

Vinod & Anil Rai Gupta, 78, 54

Net Worth:

$6.7 billion
Wealth Change:
wealth change

Company:

Havells India

Industry:

Manufacturing

Mother and son Vinod and Anil Rai Gupta run Havells India which makes electrical and electronic appliances. Their net worth is Rs55,737.30 crore. The company was founded by Vinod's husband, the late Qimat Rai Gupta, in 1958. And now it sells products in more than 60 countries.

Mangal Prabhat Lodha
#31
Wealth
Change:
wealth change
#31

Mangal Prabhat Lodha, 67

Net Worth:

$6.6 billion
Wealth Change:
wealth change

Company:

Macrotech Developers

Industry:

Real Estate

Politician and property developer Mangal Prabhat Lodha founded Lodha Group, now Macrotech Developers, in Mumbai in 1980. He began by building small homes in the Mumbai suburbs. Now his net worth stands at Rs54,905.40 crore.

Inder Jaisinghani
#32
Wealth
Change:
wealth change
#32

Inder Jaisinghani, 70

Net Worth:

$6.4 billion
Wealth Change:
wealth change

Company:

Polycab India

Industry:

Manufacturing

Inder Jaisinghani, Chairman and MD of Polycab India, which makes electrical wires and cables, is one of the big gainers this year. His wealth is up the most in percentage terms as his wires and cables company benefited from increasing electrification and nearly doubled his family’s fortune to $6.4 billion (Rs53,241.60 crore). His rank jumped the most by 28 places this year

Murali Divi
#33
Wealth
Change:
wealth change
#33

Murali Divi, 72

Net Worth:

$6.3 billion
Wealth Change:
wealth change

Company:

Divi's Laboratories

Industry:

Healthcare

Murali Divi is the Managing Director of Divi's Laboratories, a drug research firm that supplies pharmaceutical ingredients. The 72-year-old has a net worth of Rs52,409.70 crore. His company has become one of the largest manufacturers of naproxen, an anti-inflammatory drug, in the world.

Mahendra Choksi
#34
Wealth
Change:
wealth change
#34

Mahendra Choksi, 82

Net Worth:

$6.2 billion
Wealth Change:
wealth change

Company:

Asian Paints

Industry:

Manufacturing

Mahendra Choksi is the son of one of four cofounders of publicly-listed Asian Paints, one of India's leading paint makers. His net worth is Rs51,577.80 crore.

Vikram Lal
#35
Wealth
Change:
wealth change
#35

Vikram Lal, 81

Net Worth:

$6.1 billion
Wealth Change:
wealth change

Company:

Eicher Motors

Industry:

Automotive

Founder and CEO of Eicher Motors, Vikram Lal's net worth stands at Rs50,745.90 crore. He is considered a two-wheeler tycoon in India, and his company is the maker of the iconic Royal Enfield motorbikes.

Pankaj Patel
#36
Wealth
Change:
wealth change
#36

Pankaj Patel, 70

Net Worth:

$10.2 billion
Wealth Change:
wealth change

Company:

Zydus Lifesciences

Industry:

Healthcare

Chairman and MD at Zydus Lifesciences Ltd., Pankaj Patel, with a net worth of Rs49,914.00 crore, is known as a 'pharma magnate'. His company is known for manufacturing the Covid-19 vaccine ZyCoV-D and drugs such as Remdesivir from Gilead.

Harsh Mariwala
#37
Wealth
Change:
wealth change
#37

Harsh Mariwala, 72

Net Worth:

$5.9 billion
Wealth Change:
wealth change

Company:

Marico

Industry:

Food & Beverage

Harsh Mariwala is the chairman of consumer goods giant Marico, best known for Saffola cooking oil and Parachute hair oil. His net worth is Rs49,082.10 crore.

Girdhari Lal Bawri, Rajendra Agarwal & Banwari Lal Bawri
#38
Wealth
Change:
wealth change
#38

Girdhari Lal Bawri, Rajendra Agarwal & Banwari Lal Bawri, 76, 70, 64

Net Worth:

$6.5 billion
Wealth Change:
wealth change

Company:

Macleods Pharmaceuticals

Industry:

Healthcare

Bawri brothers started Macleods Pharmaceuticals in 1986 in Jaipur. Their net worth is Rs48,666.15 crore. The youngest brother, Rajendra Agarwal is a qualified doctor. (Pictured: Girdhari Lal Bawri)

Kapil & Rahul Bhatia
#39
Wealth
Change:
wealth change
#39

Kapil & Rahul Bhatia, 91, 63

Net Worth:

$5.8 billion
Wealth Change:
wealth change

Company:

InterGlobe Aviation

Industry:

Service

Father-son duo Kapil and Rahul Bhatia's net worth stands at Rs48,250.20 crore. They're the owners of InterGlobe Aviation, which runs IndiGo. Rakesh Gangwal, the erstwhile co-founder of IndiGo, stepped down from the board of the company in 2022, and complete control of the airlines went to the Bhatias. (Pictured: Rahul Bhatia)

Nithin & Nikhil Kamath
#40
Wealth
Change:
wealth change
#40

Nithin & Nikhil Kamath, 44, 37

Net Worth:

$5.5 billion
Wealth Change:
wealth change

Company:

Zerodha Broking

Industry:

Finance & Investments

Brothers Nithin and Nikhil Kamath disrupted the brokerage market in India with Zerodha, a discount brokerage platform. They have a net worth of R45,754.50 crore and their rich list rank improved 18 places this year. Founded in 2010, Zerodha has 10 million clients, making it one of the largest brokerages in the country.

Vakil Family
#41
Wealth
Change:
wealth change
#41

Vakil Family, NA

Net Worth:

$5.3 billion
Wealth Change:
wealth change

Company:

Asian Paints

Industry:

Manufacturing

The third generation of the Vakil family runs Asian Paints, one of India's leading paint companies, which was founded in 1942. Brothers Abhay and Amar Vakil, who were in charge of the company, passed on in 2021. Abhay and Amar's daughters Amrita and Neha Vakil are now on the company board. The family's net worth is Rs44,090.70 crore. (Pictured: Nehal Vakil)

Vijay Chauhan
#42
Wealth
Change:
wealth change
#42

Vijay Chauhan, 87

Net Worth:

$5 billion
Wealth Change:
wealth change

Company:

Parle Products

Industry:

Food & Beverage

Vijay Chauhan, Chairman of Parle Products and patriarch of the family, runs the internationally known company with his son and nephews. The company is known for its iconic product Parle G glucose biscuit. His net worth is Rs41,595.00 crore.

Muthoot Family
#43
Wealth
Change:
wealth change
#43

Muthoot Family, NA

Net Worth:

$4.9 billion
Wealth Change:
wealth change

Company:

Muthoot Finance

Industry:

Finance & Investments

Muthoot family controls Muthoot Finance, India's leading lender against gold. The Muthoot Group was founded in 1887. George Jacob Muthoot is now the Chairman of the company. The family's net worth is Rs40,763.10 crore. (Pictured: George Jacob Muthoot)

Renuka Jagtiani
icon
#44
Wealth
Change:
NA
#44

Renuka Jagtiani, 69

Net Worth:

$4.8 billion
Wealth Change:
NA

Company:

Landmark Group

Industry:

Fashion & Retail

Renuka Jagtiani took over as chairperson and CEO of Landmark Group after her husband, Micky Jagtiani, passed away in May 2023. The Dubai-headquartered company has a global presence with 2,200 stores across 24 countries and is classified as one of the largest retail and hospitality conglomerates in India. Jagtiani's net worth is Rs 39,931.20 crore.

Leena Tewari
#45
Wealth
Change:
wealth change
#45

Leena Tewari, 66

Net Worth:

$4.75 billion
Wealth Change:
wealth change

Company:

USV

Industry:

Healthcare

Chair of privately held USV India, Leena Tewari's net worth is Rs39,515.25 crore. USV acquired German generics firm Juta Pharma for an undisclosed sum in 2018. Her daughter Aneesha Gandhi Tewari joined USV's board in August 2022.

Sridhar Vembu & Siblings
#46
Wealth
Change:
wealth change
#46

Sridhar Vembu & Siblings, 55

Net Worth:

$4.7 billion
Wealth Change:
wealth change

Company:

Zoho Corporation

Industry:

Technology

Sridhar Vembu is the founder and CEO of Zoho Corp. He has a Ph.D. in electrical engineering. In 2021, Vembu was awarded the Padma Shri, India's fourth-highest civilian award. His net worth is Rs39,099.30 crore. (Pictured: Sridhar Vembu)

Singh Family
#47
Wealth
Change:
wealth change
#47

Singh Family, NA

Net Worth:

$4.6 billion
Wealth Change:
wealth change

Company:

Alkem Laboratories

Industry:

Healthcare

Alkem Laboratories, a generics company with 20 factories across India and the US, was inherited by the Singh family after its founder Samprada Singh passed away in 2019. Singh's cousin Basudeo Narain Singh is now the Executive Chairman of the company. The family's net worth is Rs38,267.40 crore. (Pictured: Basudeo Singh)

N.R. Narayana Murthy
#48
Wealth
Change:
wealth change
#48

N.R. Narayana Murthy, 77

Net Worth:

$4.5 billion
Wealth Change:
wealth change

Company:

Infosys

Industry:

Technology

Former chairman of Infosys N.R. Narayana Murthy's net worth is Rs37,435.50 crore. His private investment firm Catamaran Ventures sold its stake in a joint venture with Amazon India in August 2021.

Chandru Raheja
#49
Wealth
Change:
wealth change
#49

Chandru Raheja, 83

Net Worth:

$4.45 billion
Wealth Change:
wealth change

Company:

Mindspace Business Parks REIT

Industry:

Real Estate

In 1996, Chandru Raheja formed K Raheja Corp after splitting from his brothers. Today it has become one of the leading developers in India. The group is known for its IT parks, hotels, malls and department store chain. Some of their notable projects include Shoppers Stop, Inorbit Mall, Westin in Hyderabad, JW Marriot in Mumbai, Vivarea, and Mindspace. His net worth is Rs37,019.55 crore.

Joy Alukkas
#50
Wealth
Change:
wealth change
#50

Joy Alukkas, 67

Net Worth:

$4.4 billion
Wealth Change:
wealth change

Company:

Joy Alukkas India

Industry:

Fashion & Retail

With a net worth of Rs36,603.60 crore, Joy Alukkas oversees 84 outlets of the brand Joyalukkas in India and overseas. His rank improved by 19 places this year. A school dropout, Alukkas is the chairman and MD of the jewellery brand. His son, John Paul, is now the managing director of the international jewellery business.

Yusuf Hamied
#51
Wealth
Change:
wealth change
#51

Yusuf Hamied, 87

Net Worth:

$4.3 billion
Wealth Change:
wealth change

Company:

Cipla

Industry:

Healthcare

In 1972, Yusuf Hamied and his brother Mustafa took over the business that their father Khwaja Abdul Hamied had started. The non-executive chairman of Cipla is best known for taking on big pharma companies for offering low-cost generic drugs for diseases such as AIDS. His net worth is Rs35,771.70 crore.

Nusli Wadia
#52
Wealth
Change:
wealth change
#52

Nusli Wadia, 79

Net Worth:

$4.2 billion
Wealth Change:
wealth change

Company:

Britannia Industries

Industry:

Food & Beverage

Nusli Wadia is the Chairman of the Wadia Group. His net worth is Rs34,939.80 crore. Group companies include Britannia Industries, Bombay Dyeing, and budget airline Go First.

Vivek Chaand Sehgal
#53
Wealth
Change:
wealth change
#53

Vivek Chaand Sehgal, 67

Net Worth:

$4.1 billion
Wealth Change:
wealth change

Company:

Samvardhana Motherson International

Industry:

Automotive

Vivek Chaand Sehgal chairs the Samvardhana Motherson Group, which was started in 1975. His net worth is Rs34,107.90 crore. Much of his wealth comes from flagship Motherson Sumi Systems, India's largest auto components maker by sales.

P.P. Reddy & P.V. Krishna Reddy
#54
Wealth
Change:
wealth change
#54

P.P. Reddy & P.V. Krishna Reddy, 66, 54

Net Worth:

$4.05 billion
Wealth Change:
wealth change

Company:

Megha Engineering & Infrastructures

Industry:

Construction & Engineering

P.P. Reddy is the founder of Megha Engineering & Infrastructures — the company behind building India's largest lift irrigation project. P.V. Krishna Reddy, his nephew, now runs the company. A farmer's son, Reddy started small in 1989, and now his net worth is Rs33,691.95 crore. (Pictured: P.P. Reddy)

Baba Kalyani
#55
Wealth
Change:
wealth change
#55

Baba Kalyani, 74

Net Worth:

$3.8 billion
Wealth Change:
wealth change

Company:

Bharat Forge

Industry:

Automotive

Baba Kalyani's net worth stands at Rs31,612.20 crore. He is the Founder, Chairman and MD of the Kalyani Group's flagship Bharat Forge company, which makes auto parts and components for sectors such as aerospace, oil, and gas. He went from rank 79 to 55 this year, an improvement of 24 places.

Ajay Piramal
#56
Wealth
Change:
wealth change
#56

Ajay Piramal, 68

Net Worth:

$3.75 billion
Wealth Change:
wealth change

Company:

Piramal Enterprises

Industry:

Diversified

With a net worth of Rs31,196.25 crore, Ajay Piramal, Chairman of the Piramal Group, has emerged as a big name with interests in pharma, financial services, and real estate, among other sectors.

Shamsheer Vayalil
icon
#57
Wealth
Change:
NA
#57

Shamsheer Vayalil, 46

Net Worth:

$3.7 billion
Wealth Change:
NA

Company:

Burjeel Holdings

Industry:

Healthcare

Dr Shamsheer Vayalil is the founder and chairman of Burjeel Holdings. He is returning to the list after 2019. Son-in-law of retailing billionaire MA Yusuff Ali, Vayalil's net worth improved after the October 2022 listing of his company, and today stands at Rs30,780.30 crore.

Vikas Oberoi
#58
Wealth
Change:
wealth change
#58

Vikas Oberoi, 53

Net Worth:

$3.65 billion
Wealth Change:
wealth change

Company:

Oberoi Realty

Industry:

Real Estate

Chairman and MD of Oberoi Realty, Vikas Oberoi's net worth stands at Rs30,364.35 crore. Oberoi owns the Westin hotel in Mumbai, among other high-end suburban condos in the city.

Arvind Poddar
#59
Wealth
Change:
wealth change
#59

Arvind Poddar, 65

Net Worth:

$3.64 billion
Wealth Change:
wealth change

Company:

Balkrishna Industries

Industry:

Automotive

Chairman and MD of Balkrishna Industries, Arvind Poddar and his family have a net worth of Rs30,281.16 crore. His son Rajiv is the joint managing director. The company began in the textile business but now makes off-highway tires.

Dilip & Anand Surana
#60
Wealth
Change:
wealth change
#60

Dilip & Anand Surana, 57, 52

Net Worth:

$3.6 billion
Wealth Change:
wealth change

Company:

Micro Labs

Industry:

Healthcare

The brothers run Micro Labs, a pharma giant founded in 1973 by their late father Ghewar Chand Surana who started his career as a pharmaceutical distributor in Chennai. Currently, the Bengaluru-based company makes drugs for cardiac diseases, diabetes, and pain management. The Suranas have a net worth of Rs29,948.40 crore. (Pictured: Dilip Surana)

Salil Singhal
#61
Wealth
Change:
wealth change
#61

Salil Singhal, 76

Net Worth:

$3.55 billion
Wealth Change:
wealth change

Company:

PI Industries

Industry:

Manufacturing

Salil Singhal is the Chairman Emeritus of PI Industries. His net worth stands at Rs29,532.45 crore. The company was founded by his father, P.P. Singhal, in 1946 to make edible oil. It now makes plant protection and nutrient products.

Pawan Munjal
#62
Wealth
Change:
wealth change
#62

Pawan Munjal, 69

Net Worth:

$3.5 billion
Wealth Change:
wealth change

Company:

Hero MotoCorp

Industry:

Automotive

Chairman and CEO of Hero MotoCorp, Pawan Munjal's net worth is at Rs29,116.50 crore. Under his leadership, the company sells products in 40 countries across Asia, Africa, Latin America, and the Middle East. In October 2022, Hero launched Vida, its first electric scooter.

Karsanbhai Patel
#63
Wealth
Change:
wealth change
#63

Karsanbhai Patel, 79

Net Worth:

$3.45 billion
Wealth Change:
wealth change

Company:

Nirma

Industry:

Diversified

Karsanbhai Patel, who founded Nirma, has a net worth of Rs28,700.55 crore. Patel's company is one of the world's largest producers of soda ash by volume.

Ravi Modi
#64
Wealth
Change:
wealth change
#64

Ravi Modi, 46

Net Worth:

$3.4 billion
Wealth Change:
wealth change

Company:

Vedant Fashions

Industry:

Fashion & Retail

Ravi Modi started Vedant Fashions, a manufacturer of Indian ethnic wear, in 2002. Their most popular brand is Manyavar. In 2022, the company went public. His net worth is Rs28,284.60 crore.

Sandeep Engineer
#65
Wealth
Change:
wealth change
#65

Sandeep Engineer, 62

Net Worth:

$3.35 billion
Wealth Change:
wealth change

Company:

Astral

Industry:

Manufacturing

Chemical engineer Sandeep Engineer is the Chairman and MD of Astral Ltd. His net worth is Rs27,868.65 crore. Astral Pipes was established in 1996. Since then, he has transformed the piping industry by introducing CPVC pipes in India.

Abhay Firodia
#66
Wealth
Change:
wealth change
#66

Abhay Firodia, 78

Net Worth:

$3.3 billion
Wealth Change:
wealth change

Company:

Force Motors

Industry:

Automotive

Abhay Firodia's net worth stands at Rs27,452.70 crore. The Chairman of Force Motors and his son Prasan are involved in manufacturing vans, pickup trucks, SUVs and tractors. Firodia draws his fortunes from stakes he continues to hold in various Bajaj companies.

Senapathy Gopalakrishnan
#67
Wealth
Change:
wealth change
#67

Senapathy Gopalakrishnan, 68

Net Worth:

$3.25 billion
Wealth Change:
wealth change

Company:

Infosys

Industry:

Technology

Senapathy Gopalakrishnan, a co-founder of Infosys, has a net worth of Rs27,036.75 crore. After retiring from the IT giant in 2014, he invested in startups through his business Axilor Ventures and some other venture funds.

Acharya Balkrishna
#68
Wealth
Change:
wealth change
#68

Acharya Balkrishna, 51

Net Worth:

$3.23 billion
Wealth Change:
wealth change

Company:

Patanjali Ayurved

Industry:

Food & Beverage

Acharya Balkrishna is the Chairman of the consumer goods company Patanjali Ayurved. He co-founded the company with Baba Ramdev in 2006. Balkrishna has a net worth of Rs26,870.37 crore.

Ravi Pillai
icon
#69
Wealth
Change:
NA
#69

Ravi Pillai, 70

Net Worth:

$3.2 billion
Wealth Change:
NA

Company:

RP Group

Industry:

Construction & Engineering

Known as a construction magnate, Ravi Pillai is the founding chairman and MD of RP Group. He began the second chapter of his entrepreneurial journey in 1978 and has built his company into a $7.8 billion behemoth, and has a net worth of Rs26,620.80 crore

Rajan Raheja
#70
Wealth
Change:
wealth change
#70

Rajan Raheja, 69

Net Worth:

$3.15 billion
Wealth Change:
wealth change

Company:

Exide Industries

Industry:

Diversified

Rajan Raheja built his diversified Rajan Raheja Group, which includes interests in cement, batteries and cable television, on small real estate inheritance from the sprawling Raheja property clan in Mumbai. The 69-year-old has a net worth of Rs26,204.85 crore. Raheja's biggest asset is listed auto battery maker Exide Industries.

Bajranglal Taparia
icon
#71
Wealth
Change:
NA
#71

Bajranglal Taparia, 88

Net Worth:

$3.14 billion
Wealth Change:
NA

Company:

Supreme Industries

Industry:

Manufacturing

Bajranglal Taparia returns to the list after a gap of a year. Supreme Industries is Taparia's flagship company, making everything plastic. It has 25 factories in India and makes bathroom fittings and storage products as well.

Arun Bharat Ram
#72
Wealth
Change:
wealth change
#72

Arun Bharat Ram, 82

Net Worth:

$3.11 billion
Wealth Change:
wealth change

Company:

SRF

Industry:

Manufacturing

Arun Bharat Ram is the Chairman Emeritus of SRF, which makes specialty chemicals and packaging film. Bharat Ram worked for his family business before he set up SRF in 1970. His net worth is Rs25,872.09 crore.

Yadu Hari Dalmia & Family
#73
Wealth
Change:
wealth change
#73

Yadu Hari Dalmia & Family, 76

Net Worth:

$3.1 billion
Wealth Change:
wealth change

Company:

Dalmia Bharat

Industry:

Manufacturing

Yadu Hari Dalmia and family's net worth stands at Rs25,788.90 crore. They control the Dalmia Bharat Group, which operates a refractory, cement, and sugar-producing business. (Pictured: Yadu Hari Dalmia)

Shyam & Hari Bhartia
#74
Wealth
Change:
wealth change
#74

Shyam & Hari Bhartia, 70, 66

Net Worth:

$3.05 billion
Wealth Change:
wealth change

Company:

Jubilant Bhartia Group

Industry:

Diversified

Shyam Bhartia is the Chairman and Hari Bhartia is the co-chair and MD of the Jubilant Bhartia group, which has expanded in various sectors such as fast food, pharma, energy and auto distribution. The net worth of the brothers stands at Rs25,372.95 crore.

Reddy Family
#75
Wealth
Change:
wealth change
#75

Reddy Family, NA

Net Worth:

$3 billion
Wealth Change:
wealth change

Company:

Dr. Reddy’s Laboratories

Industry:

Healthcare

The Reddy family's net worth stands at Rs24,957.00 crore, and the family draws this fortune from Dr. Reddy's Laboratories. It was founded in 1984 by the late K. Anji Reddy. This pharmaceutical and generic drug firm is now run by Satish Reddy and GV Prasad. (Pictured: Satish Reddy)

Harsh Goenka
#76
Wealth
Change:
wealth change
#76

Harsh Goenka, 65

Net Worth:

$2.95 billion
Wealth Change:
wealth change

Company:

RPG Enterprises

Industry:

Diversified

The eldest son of Rama Prasad Goenka, Harsh Vardhan Goenka, is the chairman of the RPG Group. He has a net worth of Rs24,541.05 crore and his rank improved by 19 places this year. Goenka's biggest asset is power transmission firm KEC International.

Nandan Nilekani
#77
Wealth
Change:
wealth change
#77

Nandan Nilekani, 68

Net Worth:

$2.94 billion
Wealth Change:
wealth change

Company:

Infosys

Industry:

Technology

Nandan Nilekani co-founded Infosys and is now the chairman of the board. He led the rollout of Aadhaar, a digital identity card and was the chairman of the Unique Identification Authority of India (UIDAI). Nilekani's net worth is Rs24,457.86 crore.

Sunny Varkey
icon
#78
Wealth
Change:
NA
#78

Sunny Varkey, 66

Net Worth:

$2.93 billion
Wealth Change:
NA

Company:

GEMS Education

Industry:

Education

The education entrepreneur and philanthropist returns to the list after two years. The Dubai-based NRI is the founder and executive chairman of GEMS Education, the world's largest operator of K-12 schools. Varkey, a high-school dropout, started in 1980 by taking over a school founded by his parents and today has a net worth of Rs24,374.67 crore

Lachhman Das Mittal
#79
Wealth
Change:
wealth change
#79

Lachhman Das Mittal, 92

Net Worth:

$2.92 billion
Wealth Change:
wealth change

Company:

Sonalika Group

Industry:

Automotive

Founder of Sonalika Group, India's third largest tractor maker, Lachhman Das Mittal started his career at the age of 60, post his retirement from LIC. His net worth stands at Rs24,291.48 crore.

Gupta Family
icon
#80
Wealth
Change:
NA
#80

Gupta Family, NA

Net Worth:

$2.91 billion
Wealth Change:
NA

Company:

Lupin

Industry:

Healthcare

Desh Bandhu Gupta founded Lupin in 1968, and the multinational pharmaceutical company is now run by his daughter Vinita and son Nilesh. The company was named after a flower that thrives even in the desert. The Gupta family returns to the list after a year with a net worth of Rs24,208.29 crore. (Pictured: Vinita and Nilesh Gupta)

Vivek Jain
icon
#81
Wealth
Change:
NA
#81

Vivek Jain, 68

Net Worth:

$2.9 billion
Wealth Change:
NA

Company:

InoxGFL Group

Industry:

Chemicals

Jain, chairman of InoxGFL group, debuted on the list in 2022 after his father divided the family's assets in 2021. This year, his net worth dropped by $1.65 billion or 36.26%. Jain joined his father in the business in 1978 and today boasts a net worth of Rs24,125.10 crore. Set up in 1987, Gujarat Flurochemicals is the flagship company of the group.

Kalanithi Maran
#82
Wealth
Change:
wealth change
#82

Kalanithi Maran, 58

Net Worth:

$2.85 billion
Wealth Change:
wealth change

Company:

Sun TV Network

Industry:

Media & Entertainment

Kalanithi Maran, whose net worth stands at Rs23,709.15 crore, is the founder of Sun TV Network, which reaches more than 140 million households in India with its 33 channels. His Sun Group also operates 69 FM radio stations and three newspapers.

Amalgamations Family
#83
Wealth
Change:
wealth change
#83

Amalgamations Family, NA

Net Worth:

$2.84 billion
Wealth Change:
wealth change

Company:

Tractors and Farm Equipment

Industry:

Manufacturing

The 84-year-old Amalgamations group is best known for diesel engine maker Simpson & Co., and tractor manufacturer TAFE. Mallika Srinivasan is the chairperson of the company, with a net worth of Rs23,625.96 crore. (Pictured: Mallika Srinivasan)

Sanjiv Goenka
#84
Wealth
Change:
wealth change
#84

Sanjiv Goenka, 62

Net Worth:

$2.8 billion
Wealth Change:
wealth change

Company:

RP-Sanjiv Goenka Group

Industry:

Diversified

Sanjiv Goenka is the head of the conglomerate RP-Sanjiv Goenka Group which includes power-utility company CESC, snacks brand Too Yumm!, and so on. He also has an Indian Premier League cricket team Lucknow Super Giants. His net worth stands at Rs23,293.20 crore.

Sunder Genomal
#85
Wealth
Change:
wealth change
#85

Sunder Genomal, 69

Net Worth:

$2.79 billion
Wealth Change:
wealth change

Company:

Page Industries

Industry:

Fashion & Retail

Sunder Genomal, Managing Director, Page Industries saw his wealth drop by 24.59% this year. His net worth is Rs23,210.01 crore. He started the Bengaluru-headquartered garment company in 1994. It is one of the biggest licensees in the world for undergarments-maker Jockey.

Ranjan Pai
icon
#86
Wealth
Change:
NA
#86

Ranjan Pai, 50

Net Worth:

$2.75 billion
Wealth Change:
NA

Company:

Manipal Group

Industry:

Diversified

Dr Ranjan Pai is the chairman of Manipal Education and Manipal Group, which spans seven universities and 29 hospitals. He returns to the list after 2019 with a net worth of Rs22,877.25 crore. The group was started by Pai's grandfather, who founded India's first privately owned medical school.

Anu Aga
#87
Wealth
Change:
wealth change
#87

Anu Aga, 81

Net Worth:

$2.7 billion
Wealth Change:
wealth change

Company:

Thermax

Industry:

Construction & Engineering

Anu Aga's net worth is Rs22,461.30 crore because of the majority stake in the listed engineering firm Thermax. She stepped down as chairman in 2004, handing the reins to her daughter Meher Pudumjee.

Falguni Nayar
#88
Wealth
Change:
wealth change
#88

Falguni Nayar, 60

Net Worth:

$2.65 billion
Wealth Change:
wealth change

Company:

Nykaa

Industry:

Fashion & Retail

Falguni Nayar saw her net worth drop by 35.05% this year, from $4.08 billion to $2.65 billion. This led to a massive drop of 44 ranks for the Nykaa owner. The company was listed in November 2021, making her India's richest self-made female entrepreneur. Her net worth is Rs22,045.35 crore.

Rafique Malik
#89
Wealth
Change:
wealth change
#89

Rafique Malik, 72

Net Worth:

$2.62 billion
Wealth Change:
wealth change

Company:

Metro Brands

Industry:

Fashion & Retail

Rafique Malik's Metro Brands is a multi-brand footwear retailer with a revenue of $177 million. It was listed in December 2021. The company operates 672 stores in 158 cities in India. His net worth is Rs21,795.78 crore.

Anand Mahindra
#90
Wealth
Change:
wealth change
#90

Anand Mahindra, 68

Net Worth:

$2.6 billion
Wealth Change:
wealth change

Company:

Mahindra & Mahindra

Industry:

Diversified

Chairman of the Mahindra group, Anand Mahindra's net worth stands at Rs21,629.40 crore. Twenty-two industries, ranging from auto to IT are a part of the group, which is best known for its tractors and SUVs.

Nirmal Minda
#91
Wealth
Change:
wealth change
#91

Nirmal Minda, 65

Net Worth:

$2.55 billion
Wealth Change:
wealth change

Company:

UNO Minda

Industry:

Automotive

Nirmal Minda is the Chairman and MD of UNO Minda (formerly Minda Industries). He joined the family business in 1977 and eventually separated from his brother in 1996. Today, the company makes auto parts for cars and two-wheelers. His net worth stands at Rs21,213.45 crore.

Kiran Mazumdar-Shaw
#92
Wealth
Change:
wealth change
#92

Kiran Mazumdar-Shaw, 70

Net Worth:

$2.52 billion
Wealth Change:
wealth change

Company:

Biocon

Industry:

Healthcare

The first-gen entrepreneur and executive chairperson of Biocon founded the company out of her garage in 1978. Today, Kiran Mazumdar-Shaw's net worth is Rs20,963.88 crore. She is a recipient of Padma Shri and Padma Bhushan.

Anurang Jain
#93
Wealth
Change:
wealth change
#93

Anurang Jain, 61

Net Worth:

$2.5 billion
Wealth Change:
wealth change

Company:

Endurance Technologies

Industry:

Manufacturing

Anurang Jain is the Managing Director of Endurance Technologies. Jain, who is the nephew of the late motorcycle tycoon Rahul Bajaj, has a net worth of Rs20,797.50 crore. Jain and his family own a substantial stake in Endurance, which supplies parts for two-wheelers and three-wheelers in India and car parts in Europe.

Prathap Reddy
#94
Wealth
Change:
wealth change
#94

Prathap Reddy, 91

Net Worth:

$2.48 billion
Wealth Change:
wealth change

Company:

Apollo Hospitals Enterprise

Industry:

Healthcare

Dr. Prathap Reddy started Apollo Hospitals Enterprises in 1983. The company operates 71 hospitals, 268 clinics, and 4,700 pharmacies. Reddy was the first from his family and his village to go to college. His net worth is Rs20,631.12 crore.

Venu Srinivasan
#95
Wealth
Change:
wealth change
#95

Venu Srinivasan, 70

Net Worth:

$2.94 billion
Wealth Change:
wealth change

Company:

TVS Motor Company

Industry:

Automotive

The third-gen businessman of the TVS Group, Venu Srinivasan, is the Chairman Emeritus and MD of TVS Motor Company, which is the third-largest maker of two-wheelers in India. Srinivasan's net worth is Rs20,464.74 crore.

Bhadresh Shah
#96
Wealth
Change:
wealth change
#96

Bhadresh Shah, 72

Net Worth:

$2.45 billion
Wealth Change:
wealth change

Company:

AIA Engineering

Industry:

Manufacturing

Bhadresh Shah's net worth is Rs20,381.55 crore. The managing director of AIA Engineering is an alum of IIT-Kanpur. He started with a small foundry in 1978, and now AIA is the second largest Hi-Chrome casting producer in the world.

K. Dinesh
#97
Wealth
Change:
wealth change
#97

K. Dinesh, 69

Net Worth:

$2.4 billion
Wealth Change:
wealth change

Company:

Infosys

Industry:

Technology

Co-founder of Infosys, K. Dinesh has delved into philanthropy since he stepped down from the company's board in 2011. His net worth is Rs19,965.60 crore.

P.V. Ramprasad Reddy
icon
#98
Wealth
Change:
NA
#98

P.V. Ramprasad Reddy, 65

Net Worth:

$2.35 billion
Wealth Change:
NA

Company:

Aurobindo Pharma

Industry:

Healthcare

The co-founder of Aurobindo Pharma returns to the list after 2021. He founded the company in 1986 after holding management positions in various pharma companies, and today his net worth stands at Rs19,549.65 crore. Aurobindo specialises in making cardiovascular, anti-retroviral, gastroenterological and anti-diabetic treatment drugs.

R.G. Chandramogan
#99
Wealth
Change:
wealth change
#99

R.G. Chandramogan, 74

Net Worth:

$2.34 billion
Wealth Change:
wealth change

Company:

Hatsun Agro Product

Industry:

Food & Beverage

R.G. Chandramogan's net worth stands at Rs19,466.46 crore. He is the founder of Hatsun Agro Product. The company makes dairy products such as milk, curd, ice cream, dairy whiteners, and more. It exports dairy ingredients to 42 countries.

K.P. Ramasamy
icon
#100
Wealth
Change:
NA
#100

K.P. Ramasamy, 74

Net Worth:

$2.3 billion
Wealth Change:
NA

Company:

K.P.R. Mill

Industry:

Manufacturing

One of the debutants on the list, KP Ramasamy is a farmer's son and a college dropout. KPR has set up one of India's largest garment export businesses. His journey began in the '70s with a Rs8,000 loan. The company went public in 2007. His net worth is Rs19,133.7 crore. KPR Mills produces and exports over 157 million knit garments to brands like H&M and Marks & Spencer.

$330.4
billion
Cumulative net worth of the Top 10 club this year, down 14.2% from $385.2 billion in 2022
8
Number of dropouts this year, including Vedanta's Anil Agarwal, BYJU's Byju Raveendran and Divya Gokulnath, and Info Edge's Sanjeev Bikhchandani
$7.9
billion
Shiv Nadar

Shiv Nadar

Shiv Nadar's wealth gain this year, largest in absolute terms this year
11
Units of the Forbidden City Complex in China that the wealth of India's 100 richest could buy @ $69.66 billion a piece
$82
billion
Shiv Nadar

Gautam Adani

saw the largest wealth drop on the list. His wealth dropped from $150 billion to $68 billion this year but his rank only dropped 1 place from #1 to #2
Shiv Nadar

Renuka Jagtiani

Landmark Group's Micky Jagtiani passed away on May 26, 2023, and is replaced on the list by his wife Renuka on rank 44
Shiv Nadar

Mukesh Ambani

reclaims top spot on the list of 100 richest Indians after dropping to Rank 2 in 2022
$799
billion
Cumulative wealth of India's 100 richest persons—a smidge lower than $800 billion last year
Shiv Nadar

Vivek Jain

made it to the list, Pavan Jain did not, after their father Devendra Jain split the businesses and wealth last year
Shiv Nadar

After Gautam Adani, Radhakishan Damani, Vivek Jain, Madhukar Parekh and Falguni Nayar saw the biggest wealth drops in absolute terms
Shiv Nadar

Falguni Nayar

fell from rank 44 to 88 as her wealth took a 35% dip to $2.65 billion
91.04%
The leap Inder Jaisinghani's wealth took this year, the highest—from $3.35 billion last year to $6.4 billion in 2023
64%
Wealth boost Ramesh and Rajeev Juneja of Mankind Pharma received after listing their company
29
Rank at which Mankind Pharma's Rajeev Juneja joins his brother Ramesh Juneja on the list this year
Shiv Nadar

Bajaj Family

drops out of the top 10 club to land at rank 14
Shiv Nadar

Savitri Jindal

is now one of India's five richest persons—the only woman to achieve the feat
Shiv Nadar

Shapoor Mistry

Shapoor Mistry & family find place in the top 10 club
$26.6
billion,
is the cumulative net worth of India's real estate billionaires among India's richest 100
Shiv Nadar

Uday Kotak

is the richest banker on the list even after recently stepping down from his post months before his retirement
$330.4
billion,
the cumulative wealth of the Top 10 club accounts for about 40% of $799 billion—the cumulative net worth of India's top 100 richest persons
$24
billion,
Difference between the net worth of Mukesh Ambani (#1) and Gautam Adani (#2)
37
is the age of Nikhil Kamath — India's youngest billionaire among the 100 richest
92
Age of India's oldest billionaires. There are three: Kushal Pal Singh (DLF), Benu Gopal Bangur (Shree Cement), Lachhman Das Mittal (Sonalika Group)
$808
billion
GDP of Singapore, only $9 billion more than the cumulative wealth of India's 100 richest
Shiv Nadar

P.V Ramprasad Reddy

Aurobindo Pharma's P. V. Ramprasad Reddy makes a comeback on the list after dropping out last year
21
billionaires
saw their wealth decline this year, a significant improvement from last year, while 68 billionaires saw their wealth increase in 2023
9
Total number of women on the list
$800
billion
Cumulative weatlh of India's 100 richest is higher than the total market cap of top 5 Indian companies, which is $722.13 billion
$811
billion
Market cap of Meta, only $12 billion more than the cumulative wealth of India's 100 richest
$780
billion
Combined GDP of Maharashtra and Tamil Nadu is $19 billion less than the cumulative wealth of India's 100 richest
17
Number of categories (or industries) represented on the list
12,307
No. of Gulfstream G650 private jets that can be bought with $800 billion—the cumulative wealth of India's richest
3,439
No. of '220 Central Park South' villas that can be bought with the wealth of India's richest 100 persons
$58.69
billion
is the cumulative net worth of India's tech billionaires among India's richest 100
7
No. of returnees on the list—billionaires who have previously featured, then dropped out, and are now back
Shiv Nadar

Vikram Lal

Eicher Motors' Vikram Lal is the richest entrepreneur in India's Automotive sector with a net worth of $6.1 billion
3
No. of new entrants on the list, including the Dani Family, Renuka Jagtiani, and KPR Mill's K.P. Ramasamy
1
Telecom, Consumer Goods, Media & Entertainment, Service, Chemicals, and Education sectors have only one billionaire each on the list
17
Number of billionaires on the list from the healthcare sector and manufacturing sector each
4
The number of billionaires representing thereal estate sector and finance & investments sectors each
Shiv Nadar

Shamsheer Vayalil

is the richest returnee on the list with a net worth of $3.7 billion
$2.3
billion
Cut-off to make it to the list, higher than last year's $1.9 billion
Shiv Nadar

Radhakishan Damani

is the richest entrepreneur of India's Fashion & Retail sector with a net worth of $23 billion
8
he number of fashion & retail billionaires on the list
$57.96
billion
Cumulative wealth of the women on the list
Shiv Nadar

Ravi Jaipuria

of Varun Beverages is the wealthiest in the Food & Beverage sector with a net worth of $11.5 billion
Shiv Nadar

is the richest entrepreneur of India's Healthcare sector, with a net worth of $20.7 billion
Shiv Nadar

Madhukar Parekh

Pidilite Industries' Madhukar Parekh is India's richest manufacturing entrepreneur with a net worth of $11.1 billion
Shiv Nadar

Kushal Pal Singh

of DLF is India's wealthiest real estate entrepreneur with a net worth of $11.9 billion
Shiv Nadar

Sunny Varkey

is back on the list after a two year hiatus. His last appearance on the list was in 2020
Shiv Nadar

Gupta Family

of Lupin is also back on the list after it missed the cut in 2022. Their last appearance was in 2021
2019
Burjeel Holdings' Shamsheer Vayalil and Manipal Group's Ranjan Pai make a comeback to the list for the first time since they dropped out in 2020
$5.5
billion
Net worth of Zerodha's Nikhil Kamath, the youngest billionaire on the list, along with his brother Nithin
$20.98
billion
Total net worth of the returnees on the list

NOTE : This list was compiled using shareholding and financial information obtained from the families and individuals, stock exchanges, analysts and India's regulatory agencies. The ranking lists family fortunes, including those shared among extended families such as the Bajaj and Godrej families. Public fortunes were calculated based on stock prices and exchange rates as of Sept. 22. Private companies were valued based on similar companies that are publicly traded. The list can also include foreign citizens with business, residential or other ties to the country, or citizens who don't reside in the country but have significant business or other ties to the country. The editors reserve the right to amend any information or remove any listees in light of new information.

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