In a recent report from Forbes, Mukesh Ambani, the Chairman of Reliance Industries, has emerged as the wealthiest individual in both Asia and India. According to Forbes’ latest ‘2024 Billionaires List,’ Ambani’s net worth has surged to $116 billion from $83 billion, making him the only Asian member of the exclusive $100 billion club. In this article, we will delve into the list of top-10 richest man of India 2024.
India’s Richest Man 2024
Mukesh Ambani leads as India’s wealthiest individual by April 2024, with his net worth soaring to $116 billion from $83 billion. He becomes the first Asian to join the elite $100 billion club, retaining his position as the ninth richest person globally. Ambani, Chairman of Reliance Industries, holds dual titles as India’s and Asia’s richest person, according to the latest Forbes rankings.
Top-10 Richest Man in India By January 2024
According to the recent report from Forbes of richest men in India, Mukesh Ambani stands as the richest man of India with the net worth of $116 billion, followed by Gautam Adani, Shiva Nadar, and Savitri Jindal.
Here is the list of top-10 richest men in India by January 2024:
Richest Men in India | |||
Rank | Name | Net Worth | Company |
1. | Mukesh Ambani | $116 billion |
Reliance Industries Limited |
2. | Gautam Adani | $84 billion | Adani Group |
3. | Shiva Nadar | $36.9 billion | HCL Technologies |
4. | Savitri Jindal | $33.5 billion | Jindal Group |
5. | Dilip Shanghvi | $26.7 billion | Sun Pharmaceutical Industries |
6. | Cyrus Poonawalla | $21.3 billion | Cyrus Poonawalla Group |
7. | Kushal Pal Singh | $20.9 billion | DLF Limited |
8. | Kumar Birla | $19.7 billion | Aditya Birla Group |
9. | Radhakrishan Damani | $17.6 billion | Avenue Supermarts Limited |
10. | Lakshmi Mittal | $16.4 billion | ArcelorMittal |
Wealthiest Person of India – Mukesh Ambani
Net Worth: $116 billion
Age: 66 years
Source of wealth: Reliance Industries Ltd
Securing the position of India’s richest individual is Mr. Mukesh Ambani, who serves as the Managing Director and Chairman of Reliance Industries. According to Forbes, Reliance Industries boasts a substantial revenue exceeding $116 billion. The conglomerate engages in a wide array of sectors, including petrochemicals, oil and gas, retail, and telecommunications. Notably, Ambani’s three children, Akash, Anant, and Isha, actively contribute to the management of various divisions within the conglomerate, further solidifying its multifaceted success.
Second Richest Man in India – Gautam Adani
Net Worth: $84 billion
Age: 61 years
Source of Wealth: Infrastructure, commodities, self-made
Gautam Shantilal Adani, a prominent Indian second billionaire industrialist, is widely acknowledged as the visionary founder and chairman of the Adani Group, a multinational conglomerate primarily focused on port operations and development in India. Established in 1996 by Gautam Adani, the Adani Foundation, led by his wife, Priti Adani, serves as a significant philanthropic arm of the conglomerate. The Adani Group’s diverse business ventures span across key sectors, including ports, airports, power generation and transmission, and green energy. Renowned as India’s leading airport operator, Adani also commands control over Gujarat’s Mundra Port, the largest port in the country. His strategic leadership and business acumen have positioned him at the forefront of India’s wealthiest individuals.
Third Richest Man in India – Shiv Nadar
Net worth: $36.9 billion
Age: 78 years
Source of income: HCL Technologies
Shiv Nadar, an Indian billionaire entrepreneur and philanthropist, holds the position of the third wealthiest individual in India. Renowned as the founder and former chairman of HCL Technologies, Nadar spearheaded the transformation of the company from an IT hardware entity to a comprehensive IT enterprise. His contributions earned him the prestigious Padma Bhushan in 2008. Nadar, affectionately known as “Magus” among friends, has channeled his focus towards enhancing India’s educational system through the Shiv Nadar Foundation.