The needle has not moved much this year regarding the collective wealth of India's 100 wealthiest people. At $799 billion, it is a touch lower than $800 billion in 2022. Reliance Industries' Mukesh Ambani has reclaimed the top spot. Savitri Jindal, India's richest woman, has crossed the Top 5 threshold. Nikhil Kamath of Zerodha is the youngest billionaire at 37. There are seven returnees on the list. The cut-off to be on the list increased to $2.3 billion.
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, 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.
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.
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, 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 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.
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 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 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 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 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.
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 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.
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, 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.
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 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.
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 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.
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 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.
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)
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 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.
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 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.
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 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 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
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.
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, 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 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 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.
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.
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 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.
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)
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)
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.
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, 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 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 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.
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 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)
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)
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.
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.
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.
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 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 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 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'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.
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.
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.
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.
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.
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 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.
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, 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 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.
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'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, 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 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.
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 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 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 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 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 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.
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)
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 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.
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
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.
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)
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, 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.
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 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, 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.
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'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 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'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.
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 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.
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 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.
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.
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'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.
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.
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'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.
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.
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.