Richest Indians: The 100 richest people in India increased their collective wealth by $25 billion, to reach $800 billion, according to Forbes’ annual ranking of the nation’s 100 richest billionaires.
The Adani Group Chairman Gautam Adani, whose wealth doubled this year to $150 billion, making him the richest Indian and displacing Reliance Industries (RIL) Chairman & Managing Director Mukesh Ambani at the top of the list, was credited with breaking a record in the study.
The top 10 richest people currently have a combined net worth of $385.2 billion, up 15.1% from 2021, according to data from Forbes.
The richest Indian woman, Savitri Jindal, with a net worth of $16.4 billion, compared to the $150 billion net worth of the nation’s richest male. According to data from Forbes, there are nine female billionaires on the list this year.
Here are the top 10 Indian billionaires according to the Forbes 2022 list:
1. Gautam Adani ($150 billion in net worth)
Gautam Adani, the chairman of the Adani Group, is worth Rs. 1,211,460.11 billion. According to Forbes, Adani tripled his wealth the previous year and this year he overtook Bill Gates as the richest person in India. Adani is the top wealth gainer in both absolute and percentage terms with a $75.2 billion worth increase in a single year.
2. Mukesh Ambani ($88 billion in net worth)
Chairman & CEO of RIL Mukesh Ambani has a net worth of Rs. 710,723.26 billion. His net worth is currently $88 billion, a 5% decrease from the previous year.
3. Radhakishan Damani ($27.6 billion in assets)
Owner of the DMart supermarket chain is Radhakishan Damani. His net worth is estimated to be Rs 222,908.66 crore by Forbes. With just one store when he started out in the retail industry in 2002, Damani today operates 271 DMart locations across India. He entered the top three for the first time, despite a 6% fall in net worth to $27.6 billion.
4. Cyrus Poonawalla ($21.5 billion in assets)
The chairman of Serum Institute of India, the largest manufacturer of vaccines in the world, is Cyrus Poonawalla (SII). His total wealth is Rs 173,642.62 billion. SII has a number of collaborations to produce Covid-19 vaccines. Stud farms are also included in Cyrus Poonawalla’s properties. With a net worth of $21.5 billion, he comes in at number four.
5. Shiv Nadar ($21.4 billion in wealth)
Shiv Nadar has a net worth of Rs 172,834.97 crore and is the chairman emeritus of HCL Technologies. Nadar is regarded as one of the founding figures of the Indian IT sector. This year, he set a record by giving $662 million to groups tied to education. Nadar’s net worth dropped by $9.6 billion, the largest loss in absolute terms, yet he still ranks in the Top 10 despite the decline.
6. Savitri Jindal ($16.4 billion in wealth)
The only other woman in the top 10 list who is a billionaire and an elected official is Savitri Jindal, the chairperson emeritus of the O.P. Jindal Group. Her estimated net worth is Rs 132,452.97 crore, according to Forbes.
7. Dilip Shanghvi ($15.5 billion in net worth)
Sun Pharmaceuticals’ founder, Sanghvi, has a net worth of Rs 125,184.21 billion.
8. Hinduja Brothers ($15,2 billion in total assets)
Parmanand Deepchand Hinduja founded the Hinduja group in 1914. Srichand, Gopichand, Prakash, and Ashok, four siblings, currently exercise control over it. The brothers have a combined net worth of Rs 122,761.29 crore.
9. Kumar Birla ($15 billion in assets)
Kumar Birla, the head of the textiles-to-cement giant Aditya Birla Group, has a net worth of Rs 121,146.01 crore.
10. Bajaj Family ($14.6 billion in wealth)
The family is valued Rs 117,915.45 crore and controls a network of 40 businesses under the Bajaj Group. In Mumbai, Jamnalal Bajaj founded it in 1926.