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Wealth does not remain static especially during the fluctuating industry scenario today. India

Wealth does not remain static especially during the fluctuating industry scenario today. India
has produced several billionaires who occupy a significant number of slots on the list of
wealthiest persons in the world today. Here is the list of top 10 richest persons in India as
per their latest Forbes data on July 22.
1. Mukesh Ambani
The wealthiest person in India, Mukesh Ambani of Reliance Industries occupies the fifth slot
in the world’s richest persons’ list. Mukesh Ambani has a net worth of $75.7 billion. Much of
Mukesh’s wealth ensues from the petrochemicals and oil and gas businesses built by his
father Dhirubhai Ambani ⁠— a business icon in his own right— but Mukesh is pivoting to
more consumer facing businesses like telecom and retail. Reliance Jio is one of the largest
telecom networks in India today and has already raised over $20 billion in recent months
and the next leg of fundraising will be for retail.
2. Shiv Nadar
With his $16.5 billion estimated net worth, Shiv Nadar ranks as the second richest person in
India. HCL Technologies founded by him is a $23 billion (market value) company and one of
the largest software services exporters in the world today. With its presence in over 45
countries on the globe, HCL Technologies makes Shiv Nadar claim the 91st slot in the list of
world’s richest persons.
3. Radhakishan Damani & Family
Radhakishan Damani’s net worth of $15.1 billion, which makes him the third richest person
in India today. He occupies the 110th position in the global richlist. Radhakishan Damani is
a veteran Mumbai stock market investor who founded the supermarket chain DMart which
went public in 2017, and eventually went on to be the world’s most-valued retail chain for its
unique model that makes the holding company Avenue Supermarts more profitable than
many of its peers.
4. Gautam Adani
Gautam Adani’s net worth as per the latest records is $12.7 billion. He is the fourth richest
person in India and ranks 139 on the list of world’s most richest. Apart from Mundra Port,
the largest in India, his wealth generating portfolios include a range of commodities, power
generation including renewable energy (like solar farms) and transmission to name a few.
5. Cyrus Poonawalla
Ranked as the 5th wealthiest person in India, Cyrus Poonawalla has a net worth of $11.8
billion. He founded the Serum Institute of India in 1966 and it is today the largest producer
of vaccines for measles, influenza and polio. At present, the company is also co-developing
two vaccines for COVID-19 and has a significant lead over other similar researches that are
underway. In the world’s wealthiest persons list he ranks in the 150th position.
6. Uday Kotak
The founder of Kotak Mahindra Bank, Uday Kotak, occupies the sixth position on the list of
India’s richest. With a net worth of $11.5 billion, Kotak takes 155th place on the world’s
richest persons’ list.

7. Sunil Mittal & Family
Sunil Mittal & Family’s net worth of $11 billion positions them in the seventh place on the
Indian rich list. The telecom tycoon has founded Bharti Airtel which is one of the largest
mobile phone operators in India as well as in Africa. Sunil ranks 165 on the world’s richest
persons’ list.
8. Lakshmi Mittal
The Chairman and CEO of ArcelorMittal, Sunil Mittal has a net worth of $9.4 billion and
ranks as the eighth richest person in India. His wealth status positions him in the 192nd
place on the world’s richest persons list. He is known for turning sick steel producing
companies into profitable ventures across the world. He most recently bagged the bankrupt
Essar Steel in India, which was owned by the Ruia family.
9. Kumar Birla
Standing at the 219th position in the world’s richest persons’ list, Kumar Birla has a net
worth of $8.5 billion, which makes him the ninth wealthiest person in India. The head of
Aditya Birla Group which he inherits for the fourth generation in row, his group is concerned
with producing cement and aluminum alongside retail, telecom and financial services.
10. Dilip Shanghvi
The tenth richest person in India is Dilip Shanghvi whose latest net worth is $8 billion. The
founder of Sun Pharma, Dilip Shanghvi has turned his firm into the largest player in the
manufacturing of specialty generic drugs. He has also invested in energy and oil ventures.
On the world’s richest persons’ list, he ranks in the 240th position.

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