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Forbes Top 10 Richest People in India 2022

The Richest People in India have helped build the country’s economy in a significant way, most of them have their fortune invested in publicly traded stocks.

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Richest People in India

Who are the top 10 richest people in India?

In this article, will look at the top 10 richest people in India in 2022. These richest people have big assets, and you cannot deny that they have a big influence on everything like business, politics, social and economic reforms, and the likes.

Most of us are motivated by those who have achieved great success in their industries, such as politicians, celebrities, and so on

The Richest People in India have helped build the country’s economy in a significant way, most of them have their fortune invested in publicly traded stocks.

Here are the top 10 Richest People in India, net worth, source of wealth, and country.

Rank Names Net worth Source of wealth Origin
1 Mukesh Ambani $90.7 Billion Diversified Mumbai
2 Gautam Adani $90 Billion Infrastructure Ahmedabad
3 Shiv Nadar $28.7 Billion Software Services Delhi
4 Cyrus Poonawalla $24. 3 Billion Vaccines pune
5 Radhakishan Damani $20 Billion Retail, Investments Mumbai
6 Lakshmi Mittal $17.9 Billion Steel London
7 Savitri Jindal $17.7 Billion Steel Hisar
8 Kumar Birla $16.5 Billion Commodities Mumbai
9 Dilip Shanghvi $15.6 Billion Pharmaceuticals Mumbai
10 Uday Kotak $14.3 Billion Banking Mumbai

1. Mukesh Ambani

mukesh ambani

Mukesh Ambani is the first on the list of the top 10 richest men in India, he is an Indian business magnate and chairman, managing director, and the largest shareholder of Reliance Industries Ltd., a Fortune Global 500 company and India’s most valuable company by market value

He was born on April 19, 1957, He became $22 billion richer in 2020 from the sale of a minority stake in his Jio wireless network. He built a new complex, named after his late father and Reliance founder Dhirubhai Ambani, consisting of four big factories close to the company’s oil refinery in Jamnagar, in western India.

His wealth was built on oil and gas and petrochemicals.

2. Gautam Adani

Gautam Adani

Gautam Adani is an Indian billionaire industrialist and philanthropist. He is the chairman and founder of the Adani Group, an Ahmedabad-based multinational conglomerate involved in port development and operations in India

Gautam Adani is doubling down on renewables and says he will invest $70 billion to achieve his ambition of becoming the world’s biggest renewable energy producer by 2030

3. Shiv Nadar

Shiv Nardar

Shiv Nadar is the 3rd richest person in India and he is also a billionaire industrialist and philanthropist. He is the founder and chairman emeritus of HCL Technologies Limited and the Shiv Nadar Foundation.

He co-founded the $11.2 billion (revenues) HCL Technologies, one of India’s biggest software services providers, His daughter, Roshni Nadar Malhotra, chairs the company, which employs 198,000 people across 52 countries.

4. Cyrus Poonawalla

Cyrus Poonawalla

Cyrus Poonawalla is an Indian businessman, and the chairman and managing director of the Cyrus Poonawalla Group, which includes the Serum Institute of India, an Indian biotech company that is the largest vaccine manufacturer in the world.

The Indian government recently bestowed the Padma Bhushan, one of India’s highest civilian awards, on the vaccine billionaire.

The 1.8 billion Covid-19 jabs given to Indians so far have been supplied by Poonawalla’s privately held Serum Institute of India, which manufactures the Covishield vaccine under license from AstraZeneca.

5. Radhakishan Damani

Radhakishan Damani

Radhakishan Damani is an Indian billionaire investor, businessman, and the founder of DMart. He also manages his portfolio through his Investment firm, Bright Star Investments Limited. he was once ranked #98 richest person in the world by Bloomberg Billionaire Index.

Damani together with his brother Gopikishan, who’s also a billionaire, reportedly bought a house in south Mumbai last year for more than $100 million.

Read Also:Forbes Top 10 Richest People In The World In 2022

6. Lakshmi Mittal

Lakshmi Mittal

Lakshmi Mittal is an Indian steel magnate, based in the United Kingdom. He is the Executive Chairman of ArcelorMittal, the world’s largest steelmaking company, as well as Chairman of stainless steel manufacturer Aperam.

He is an Indian steel magnate, based in the United Kingdom. He is the Executive Chairman of ArcelorMittal, the world’s largest steelmaking company, as well as Chairman of stainless steel manufacturer Aperam.

7. Savitri Jindal

Savitri Jindal

Savitri Jindal is one of the richest women in the world, she’s also one of the richest people in India.

She is an Indian businesswoman and politician. She was the chairperson emeritus of O.P.Jindal Group. She is also the president of Maharaja Agrasen Medical College, Agroha.

But both companies are run by her Mumbai-based son Sajjan Jindal.

8. Kumar Birla

Kumar Birla

Kumar Birla was born on 14 June 1967 and is an Indian billionaire industrialist, philanthropist, and chairman of the Aditya Birla Group, one of the largest global conglomerates in India.

Birla stepped down as chairman of debt-strapped, loss-making telecom firm Vodafone Idea, formed by the 2018 merger between his Idea Cellular and Vodafone Group, and reportedly offered to give up his stake to the government. His group’s retail arm recently bought Reebok’s India operations.

9. Dilip Shanghvi

Dilip Shanghvi

Dilip Shanghvi is an Indian billionaire businessman and one of India’s richest people. He founded Sun Pharmaceuticals, Dilip Shanghvi borrowed $200 from his father to start Sun Pharmaceutical Industries in 1983 to make psychiatric drugs.

The company is India’s most valuable listed pharma outfit and gets two-thirds of its $4.5 billion annual revenue from overseas markets.

The Government of India awarded him the civilian honor of the Padma Shri in 2016. India Today magazine ranked him 8th among India’s most powerful people on the 2017 list.

Shanghvi, who founded Sun in 1983 to make psychiatric drugs, still runs the company as managing director.

10. Uday Kotak

Uday Kotak

Uday Kotak is the last on the list of the top 10 richest people in India, he is an Indian billionaire banker and the executive vice-chairman and managing director of Kotak Mahindra Bank.

In the early 1980s, while India was still a closed economy and economic growth was muted, Kotak decided to start out on his own, refusing a lucrative job option from a multinational.

Kotak, who was appointed by the government in 2018 as non-executive chairman of debt-strapped lender Infrastructure Leasing & Financial Services, stepped down this April.

Summary

Here is a quick review of the Forbes top 10 richest people in  India

  1. Mukesh Ambani – $90.7 Billion
  2. Gautam Adani – $90 Billion
  3.  Shiv Nadar – $28.7 Billion
  4. Cyrus Poonawalla – $24.3 Billion
  5. Radhakishan Damani – $20 Billion
  6.  Lakshmi Mittal – $17.9 Billion
  7. Savitri Jindal – $17.7 Billion
  8.  Kumar Birla – $16.5 Billion
  9. Dilip Shanghvi – $15.6 Billion
  10. Uday Kotak – $14.3 Billion
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