Top 10 Richest People in India in 2023

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Top 10 Richest People in India in 2023

Top 10 Richest People in India in 2023

With a stunning 169 Indian earning coveted slot on Forbes’ 2023 World’s Billionaires list, India has a sizable presence on the global billionaire scene. Compared to the previous year, when 166 Indians were cut, this is an improvement. The Top 10 wealthiest people in India are the subject of today’s spotlight, which is on them.

As of September 2023, Mukesh Ambani is the leading Billionaire in India.

List of Top 10 Richest People in India in 2023

Top 10 Richest People in India in 2023

1. Mukesh Ambani

  • Age: 66 Years
  • Net Worth: $96.8 B
  • Source: Reliance Industries Ltd

Mukesh Ambani, who is 66 years old, is India’s richest man with an astounding net worth of $96.8 billion. Mr. Ambani is the chairman and managing director of Reliance Industries, where he rules over an empire with annual sales of more than Rs. 8 lakh crore ($104 billion). Petrochemicals, oil and gas, retail, telecom, and other industries are all included in Reliance Industries’ extensive portfolio. Akash, Anant, and Isha, the three children of Mukesh Ambani, are actively involved in the Ambani dynasty and each oversees a different area of this enormous corporation.

Top 10 Richest People in India in 2023

2. Gautam Adani

  • Age: 61 Years
  • Net Worth: $58.5 B
  • Source: Adani Group

Gautam Shantilal Adani’s astounding net worth of $58.5 billion is attributable to The Adani Group. This multinational corporation is in charge of the port operations and development sector in India. Notably, the Adani Foundation, which Gautam Adani founded in 1996, is chaired by his wife Priti Adani. The group’s diversified interests include ports, airports, power generation and transmission, and renewable energy. The market worth of Adani’s company, however, significantly declined by more than $120 billion as a result of Hindenburg Research’s accusations of financial malfeasance and market manipulation.

Top 10 Richest People in India in 2023

3. Shiv Nadar

  • Age: 78 Years
  • Net Worth: $29.4 B
  • Source: HCL Enterprise

The majority of Shiv Nadar’s staggering wealth of $29.4 billion can be attributed to his ownership of the HCL corporation. HCL has won recognition for its contributions to the IT industry and works with well-known companies including Cisco, Microsoft, and Boeing. Mr. Nadar received the Padma Bhushan, India’s third-highest civilian honour, in 2008 from the Indian government in honour of his remarkable services. Mr. Nadar is regarded as a renowned philanthropist in addition to his financial acumen, as demonstrated by his late 2022 donation of Rs. 1,161 crore.

Top 10 Richest People in India in 2023

4. Savitri Jindal & family

  • Age: 73 Years
  • Net Worth: $23.7 B
  • Source: O.P. Jindal Group

Eminent Indian politician and businesswoman Savitri Jindal currently holds the prestigious title of emeritus chair of the O.P. Jindal Group. Her four sons, Prithviraj, Sajjan, Ratan, and Naveen Jindal, are in charge of managing the many business divisions, including JSW Sports, which helps India create a thriving sports environment. The title of richest woman in India is held by Savitri Jindal.

Top 10 Richest People in India in 2023

5. Cyrus Poonawalla

  • Age: 82 Years
  • Net Worth: $20.0 B
  • Source: Serum Institute of India

Cyrus Poonawalla, a pioneer in the creation of vaccines in India, benefits from rising sales and profits because he owns the privately held Serum Institute of India. His son Adar assists him in managing it. Due to the extensive use of COVID-19 vaccines created by the SII, the Serum Institute enjoys the illustrious distinction of being the largest vaccine maker in the world.

Top 10 Richest People in India in 2023

6. Dilip Shanghvi

  • Age: 67 Years
  • Net Worth: $18.7 B
  • Source: Sun Pharmaceuticals

Dilip Shanghvi, 67, has accumulated an estimated $18.7 billion in wealth as a result of his innovative work at Sun Pharmaceutical Industries. Under his direction, Sun Pharmaceutical became the first Indian pharmaceutical business to reach a $5 billion valuation. 2014 saw the pivotal $4 billion acquisition of Ranbaxy Laboratories as part of Shanghvi’s growth strategy.

7. Radhakishan Shivkishan Damani

  • Age: 68 Years
  • Net Worth: $17 B
  • Source: Avenue Supermarts Limited

The 68-year-old businessman and shrewd investor Radhakishan Shivkishan Damani is recognised as the creator of Avenue Supermarts Limited, which manages a network of more than 200 DMart stores in India. Additionally, he uses Bright Star Investments Limited to manage his business ventures.

8. Kumar Birla

  • Age: 56 Years
  • Net Worth: $16.6 B
  • Source: Hindalco Industries

The Aditya Birla Group, which includes companies in the financial services, cement, aluminium, and other industries, is led by 56-year-old Kumar Birla, who is a significant player in the commodities world. As the non-executive chairman of Vodafone Idea Telecommunications, Birla also played a crucial role; nevertheless, he stepped down from this position in 2021 due to mounting debts. He was appointed a non-executive director in 2023. Notably, Ananya and Aryaman, the children of Birla, have lately joined the boards of key companies, positioning them to inject new ideas and enthusiasm into the company.

9. Lakshmi Mittal

  • Age: 73 Years
  • Net Worth: $16.4 B
  • Source: ArcelorMittal

The chairman and CEO of ArcelorMittal, the largest steel manufacturer in the world, is 73-year-old Lakshmi Mittal. He successfully acquired Essar Steel for $5.9 billion in 2019 with the help of Nippon Steel, displaying his keen strategic judgement. Mittal kept his position as executive chairman but awarded his son Aditya Mittal the CEO title in 2021. Recent geopolitical events, most notably Russia’s invasion of Ukraine, have hindered production at ArcelorMittal’s Kryvyi Rih facility in Ukraine.

10. Uday Kotak

  • Age: 64 Years
  • Net Worth: $13.5 B
  • Source: Kotak Mahindra Bank

The Kotak Mahindra Group’s founder and managing director, a prestigious position, is 64-year-old Uday Kotak. In order to increase compliance and regulatory flexibility, he made the strategic decision to lower his ownership of the bank in 2020. Uday Kotak is actively preparing Jay Kotak to assume a leadership role inside the business.

Also Read: Dubai Working on a 1200 Mile Underwater Train to India, Super Speed of 1000 km/hr

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