Forbes India Rich List 2020: Meet the top 10 richest persons

Five out of the top 10 richest saw their wealth decline in 2020, the cut-off to make it into the top rung rose to $10.3 billion, and Cyrus Poonawalla of Serum Institute of India found place among the top 10 as the world awaits a Covid-19 vaccine

Curated By: Forbes India

Published: Oct 8, 2020

1/10

Gautam Adani, Adani Group
RANK 2

Adani Group's Gautam Adani held onto his #2 spot on the India's 100 richest list, with a wealth gain of $9.5 billion in 2020.

2/10

Shiv Nadar, Technologies
RANK 3

Technologies' recently retired Shiv Nadar takes the 3rd spot on the list of India's 100 richest with a net worth of $20.4 billion, firmly in the top 10 club, up from rank 6 in 2019.

3/10

Radhakishan Damani, Avenue Sports
RANK 4

Radhakishan Damani of Avenue Supermarts which runs D-Mart saw his net worth rise $1.1 billion to $15.4 billion in 2020, cementing his place as the 4th richest person in India.

4/10

Hinduja Brothers, Ashok Leyland
RANK 5

The Hinduja Brothers of Ashok Leyland saw their wealth decline $2.8 billion to $12.8 billion in 2020 from $15.6 billion in 2019.

5/10

Cyrus Poonawalla, Serum Institute of India
RANK 6

Cyrus Poonawalla of Serum Institute of India entered the top 10 club in 2020 as India's 6th richest person, as all eyes remain on a Covid-19 vaccine.

6/10

Pallonji Mistry, Shapoorji Pallonji Group
RANK 7

Shapoorji Pallonji Group's Pallonji Mistry saw a $3.6 billion drop in net worth in 2020 as construction and real estate sectors remained thwarted amid the Covid-19 outbreak. He remains in the top 10 club as India's 7th richest. Click here for full list

7/10

Uday Kotak, Kotak Mahindra Bank
RANK 8

Uday Kotak's net worth declined $3.5 billion from $14.8 billion in 2019 to $11.3 billion in 2020.

8/10

Godrej Family, Godrej Group
RANK 9

Godrej Family saw its wealth decline by $1 billion to $11 billion in 2020.

9/10

Lakshmi Mittal, ArcelorMittal
RANK 10

Lakshmi Mittal of ArcelorMittal made the cut for the 10th spot on the list even as he shaved off $0.2 billion from his net worth in 2020. The cut-off for the top 10 club went up marginally from $9.6 billion to Mittal's $10.3 billion.