India’s economic landscape is shaped by a select group of individuals whose entrepreneurial prowess and strategic acumen have propelled them to the top echelons of wealth. As of July 2024, the country’s richest men stand as pillars of industry, leading diverse conglomerates spanning sectors from telecommunications and pharmaceuticals to steel and finance. Their influence extends beyond business, driving innovation, employment, and philanthropy, cementing their status as key players in India’s dynamic economy.
Mukesh Ambani, ranked as India’s wealthiest individual in July 2024, holds the 11th position globally with a net worth of $124.2 billion. Leading Reliance Industries, he oversees a conglomerate with diverse interests including petrochemicals, oil, gas, retail, and telecom. Under his leadership, Reliance Industries boasts a revenue exceeding Rs 9.03 lakh crore ($109.4 billion). Ambani’s children, Akash, Anant, and Isha, actively contribute to managing various divisions of the company.
Check This: Richest Man in the World in July 2024
According to the recent data, Mukesh Ambani with a net worth of $124.2 billion, stands as the richest man in India, followed by Gautam Adani, Savitri Jindal & Family and Shiv Nadar.
Here is the list of top-10 richest person in India in July 2024:
Top-10 Richest People in India Till July 2024 | |||
Rank | Name | Net worth (in $ billions) | Source of Wealth |
1. | Mukesh Ambani | $124.2 | Reliance Industries |
2. | Gautam Adani | $83 | Adani Group |
3. | Savitri Jindal & Family | $41.8 | JSW Group |
4. | Shiv Nadar | $34.1 | HCL Technologies |
5. | Dilip Shanghvi | $25.8 | Sun Pharmaceutical Industries |
6. | Kumar Birla | $23.7 | Aditya Birla Group |
7. | Cyrus Poonawalla | $22.4 | Serum Institute of India |
8. | Radhakishan Damani | $21.6 | Avenue Supermarkets |
9. | Kushal Pal Singh | $18.6 | DLF Limited |
10. | Ravi Jaipura | $18.1 | Varun Beverages |
Mukesh Dhirubhai Ambani, an Indian businessman, serves as chairman and managing director of Reliance Industries. As of July 2024, he holds an estimated net worth of $123.3 billion, making him Asia’s wealthiest person and the world’s 11th richest individual. Ambani’s career has been marked by both acclaim and controversy, with allegations of market manipulation, political influence, cronyism, and exploitation occasionally overshadowing his business achievements.
Gautam Shantilal Adani, the second richest person in India, is renowned as the founder and chairman of the Adani Group. His conglomerate spans diverse sectors, prominently featuring port development and operations across India. Adani’s entrepreneurial journey has positioned him as a key figure in India’s business landscape, with his ventures contributing significantly to infrastructure development and economic growth.
Savitri Jindal, an Indian entrepreneur and esteemed figure in the OP Jindal Group, holds the title of emeritus chairperson. The business operations are overseen by her four sons: Prithviraj, Sajjan, Ratan, and Naveen Jindal. Additionally, JSW Sports, a division of the JSW Group, operates globally across India, the US, South America, Europe, and Africa. Its primary goal is to foster a thriving sports ecosystem in India. Savitri Jindal is notably recognized as India’s wealthiest woman.
Shiv Nadar, India’s fourth wealthiest person, is a prominent billionaire businessman and philanthropist. He founded HCL Technologies in 1976, transforming it from an IT hardware company into a global IT enterprise over three decades. Nadar, honored with the Padma Bhushan in 2008, is renowned for his educational initiatives through the Shiv Nadar Foundation. Known affectionately as “Magus” among friends.
Dilip Shanghvi, India’s fifth wealthiest person, is a prominent billionaire businessman renowned as the founder of Sun Pharmaceuticals. His leadership has propelled Sun Pharma to prominence, making him one of the country’s richest individuals. Recognized for his contributions, he was honored with the Padma Shri by the Government of India in 2016. His influence extends beyond business, as evidenced by his ranking as the 8th most powerful person in India by India Today magazine in 2017.
Mukesh Ambani, ranked as India's wealthiest individual in July 2024, holds the 11th position globally with a net worth of $124.2 billion.
Gautam Adani with a net worth of $83 billion, stands as the second richest man in India.
The top-5 richest person in India are: Mukesh Ambani, Gautam Adani, Savitri Jindal & Family, Shiv Nadar and Dilip Shanghvi.
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