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Top 10 Richest People In India In 2024

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India has the fifth largest economy in the world as of 2024, with the largest population in the world. This puts its wealthiest men and women in a strategic position to increase and sustain their wealth.

Below are the top ten richest people in India as of 2024.

1. Mukesh Ambani
Age: 67
Source of Wealth: Reliance Industries Ltd
Mukesh Ambani is the Chairman and Managing Director of Reliance Industries, making him the wealthiest person in India. For FY2024, Reliance Industries reported a revenue of Rs 1,000,122 Crore ($119.9 billion). The company operates in various sectors such as petrochemicals, oil and gas, retail, and telecom. Ambani’s three children—Akash, Anant, and Isha—play key roles in the company’s management, ensuring its continued growth and innovation.


2. Gautam Adani
Age: 62
Source of Wealth: Adani Group
Gautam Shantilal Adani is an Indian billionaire and the founder of the Adani Group, a multinational conglomerate with interests in port operations, power generation, and green energy, among others. The Adani Group controls India’s largest airport network and the Mundra Port in Gujarat. In 2023, Adani faced allegations of financial fraud and market manipulation, which caused a significant dip in the company’s stock value. However, the company’s market value recovered after a favorable ruling from the Indian Supreme Court.


3. Savitri Jindal & Family
Age: 74
Source of Wealth: OP Jindal Group
Savitri Jindal, an Indian politician and businesswoman, is the chair of OP Jindal Group, which operates in diverse sectors globally. Her sons—Prithviraj, Sajjan, Ratan, and Naveen—oversee different arms of the conglomerate. The group is also involved in sports through JSW Sports, promoting the development of Indian sports. Savitri holds the title of India’s richest woman.


4. Shiv Nadar
Age: 79
Source of Wealth: HCL Enterprise
Shiv Nadar is the founder of HCL Group and a pioneer in India’s IT industry, providing services to high-profile clients like Cisco, Microsoft, and Boeing. Nadar was honored with the Padma Bhushan in 2008 for his contributions to the IT sector. In 2023, he donated Rs 2,042 crore to charitable causes, further cementing his reputation as a philanthropist.


5. Dilip Shanghvi
Age: 68
Source of Wealth: Sun Pharmaceuticals
Dilip Shanghvi is the founder of Sun Pharmaceutical Industries, India’s first pharma company to achieve a $5 billion valuation. Through strategic acquisitions, including the $4 billion purchase of Ranbaxy Laboratories, Shanghvi expanded Sun Pharma’s global footprint.


6. Radhakishan Shivkishan Damani
Age: 69
Source of Wealth: Avenue Supermarts Limited
Radhakishan Damani is the founder of Avenue Supermarts, the company behind DMart, which operates over 330 stores in India. Known as India’s “retail king,” Damani has also invested in various ventures, including VST Industries and India Cement, and owns the Radisson Blu Resort in Alibaug.


7. Sunil Mittal
Age: 66
Source of Wealth: Bharti Airtel
Sunil Mittal is the founder of Bharti Airtel, one of India’s largest telecom operators, which operates in 17 countries. Airtel generated ₹151,417.8 crore in revenue this year. In 2022, Google made a $1 billion investment in Bharti Airtel, and Mittal has expanded his business ventures through Bharti Global’s investments, including in the satellite provider OneWeb.


8. Kumar Birla
Age: 57
Source of Wealth: Aditya Birla Group
Kumar Birla leads the Aditya Birla Group, which operates in sectors like aluminium, cement, and financial services. He previously served as non-executive chairman of Vodafone Idea and is now focused on reviving the company through significant investments in network upgrades and 5G rollout. His children, Ananya and Aryaman, are actively involved in managing the family business.


9. Cyrus Poonawalla
Age: 83
Source of Wealth: Serum Institute of India
Cyrus Poonawalla is the founder of Serum Institute of India, the world’s largest vaccine manufacturer. His son, Adar Poonawalla, helps run the institute, which gained global recognition during the Covid-19 pandemic. Poonawalla is also a known political donor and a key figure in the Indian vaccine industry.


10. Bajaj Family
Age: NA
Source of Wealth: Bajaj Auto
The Bajaj family’s wealth stems from their ownership of Bajaj Auto, the world’s fourth-largest two- and three-wheeler manufacturer. The family’s business empire, spanning 40 companies, was founded by Jamnalal Bajaj in 1926. Today, Rajiv Bajaj leads Bajaj Auto, while his brother, Sanjiv Bajaj, oversees the group’s financial services. The Bajaj family continues to rank among India’s richest

RankNameNet Worth (USD)Company/GroupWealth Change
1Mukesh Ambani$119.5 billionReliance IndustriesIncrease
2Gautam Adani$116 billionAdani EnterprisesIncrease
3Savitri Jindal$43.7 billionO.P. Jindal GroupIncrease
4Shiv Nadar$40.2 billionHCL TechnologiesIncrease
5Dilip Shanghvi$32.4 billionSun Pharmaceutical IndustriesIncrease
6Radhakishan Damani$31.5 billionAvenue SupermartsIncrease
7Sunil Mittal$30.7 billionBharti AirtelIncrease
8Kumar Birla$24.8 billionAditya Birla GroupIncrease
9Cyrus Poonawalla$24.5 billionSerum Institute of IndiaIncrease
10Bajaj Family$23.4 billionBajaj AutoIncrease
Data Source: Forbes

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