Top 10 Richest People In India - 2023

Forbes, a globally renowned business magazine, has recently released its list of India's top 10 richest people for the year 2023. The list comprises individuals who have made their fortunes through various industries, including technology, finance, and healthcare. Let's take a closer look at the top 10 wealthiest people in India, according to Forbes.

1. Mukesh Ambani

Topping the list once again is Mukesh Ambani, the chairman and largest shareholder of Reliance Industries. With a net worth of $123 billion, Ambani has been consistently ranked as one of the richest people in the world. Under his leadership, Reliance Industries has diversified into various sectors, including telecommunications, retail, and petrochemicals.

2. Gautam Adani

Gautam Adani, the founder and chairman of the Adani Group, holds the second spot on the list with a net worth of $87 billion. The Adani Group has interests in diverse industries such as ports, logistics, and renewable energy. Adani's recent foray into airports and data centers has also contributed significantly to his wealth.

3. Shiv Nadar

Shiv Nadar, the founder of HCL Technologies, ranks third on the list with a net worth of $35 billion. HCL Technologies is a global IT services company that has grown exponentially under Nadar's leadership. He has also been actively involved in philanthropic activities through the Shiv Nadar Foundation.

4. Radhakishan Damani

Radhakishan Damani, the founder of Avenue Supermarts, which operates the popular supermarket chain D-Mart, is fourth on the list with a net worth of $32 billion. D-Mart has become a household name in India due to its affordable prices and quality products.

5. Cyrus Poonawalla

Cyrus Poonawalla, the founder of Serum Institute of India, ranks fifth on the list with a net worth of $28 billion. The Serum Institute is the world's largest vaccine manufacturer by volume and has played a crucial role in the fight against COVID-19 by producing millions of doses of vaccines.

6. Uday Kotak

Uday Kotak, the founder and CEO of Kotak Mahindra Bank, holds the sixth spot on the list with a net worth of $25 billion. Kotak Mahindra Bank is one of India's leading private sector banks with a presence in multiple financial services segments.

7. Lakshmi Mittal

Lakshmi Mittal, the chairman and CEO of ArcelorMittal, ranks seventh on the list with a net worth of $22 billion. ArcelorMittal is the world's largest steel producer and has operations in multiple countries.

8. Cyrus Pallonji Mistry

Cyrus Pallonji Mistry, who owns a significant stake in Tata Sons, ranks eighth on the list with a net worth of $18 billion. Tata Sons is the holding company of the Tata Group, which has interests in diverse industries such as automobiles, steel, and hospitality.

9. Pallonji Mistry

Pallonji Mistry, Cyrus Mistry's father and the largest shareholder in Tata Sons, holds the ninth spot on the list with a net worth of $16 billion. He is also the chairman of Shapoorji Pallonji Group, which has interests in construction and real estate.

10. Savitri Jindal

Savitri Jindal, the chairperson of Jindal Steel and Power Limited, ranks tenth on the list with a net worth of $14 billion. Jindal Steel and Power Limited is one of India's leading steel producers and has operations in multiple countries.

In conclusion, these individuals have not only created wealth for themselves but have also contributed significantly to India's economic growth through their businesses. Their success stories serve as an inspiration for aspiring entrepreneurs and business leaders across the country.