Nowadays, India is a country rich in varied cultures and historical tapestry. Prepare to be enthralled as we reveal India’s renowned elite’s unique lifestyles and startling fortunes. This engaging article provides an intimate look at the incredible stories and phenomenal achievements of the top 10 richest person in India. From industrial titans to technology visionaries, these trailblazers have acquired enormous fortune and left an unmistakable mark on the nation’s economy and society. Importantly, to be as successful as the top 10 richest person in India, you can follow their investment strategies.
List of Contents
- Top 10 Richest Person in India
- 1. Mukesh Ambani: The Telecom Magnate
- 2. Gautam Adani: The Infrastructure Mogul
- 3. Cyrus Poonawalla: The Vaccine Pioneer
- 4. Shiv Nadar: The Tech Pioneer
- 5. Savitri Jindal: A Pioneer in the Steel Industry
- 6. Radhakishan Damani: The Retail Guru
- 7. Dilip Shanghvi: The Pharmaceutical Mogul
- 8. Lakshmi Mittal: The Steel Baron
- 9. Azim Premji: A Visionary Philanthropist
- 10. Kumar Mangalam Birla: The Industrialist Extraordinaire
- Conclusion
- FAQs
Top 10 Richest Person in India
| Name | Net worth (US$) | Source of income | Company |
|---|---|---|---|
| Mukesh Ambani | $93.5 Billion | His ownership and leadership of Reliance Industries Limited | Reliance Industries |
| Gautam Adani | $51.4 Billion | His diverse business empire, Adani Group | Adani Group |
| Cyrus Poonawalla | $27.6 Billion | His ownership of Serum Institute of India | Serum Institute of India |
| Shiv Nadar | $26.8 Billion | His ownership of HCL Technologies | HCL Technologies |
| Savitri Jindal | $19.3 Billion | Her family’s businesses | JSW Group |
| Radhakishan Damani | $17.4 Billion | His ownership and leadership of DMart | DMart, Avenue Supermarts |
| Dilip Shanghvi | $17.0 Billion | His ownership of Sun Pharmaceutical Industries | Sun Pharmaceutical Industries Ltd. |
| Lakshmi Mittal | $16.5 Billion | His ownership and leadership of ArcelorMittal | ArcelorMittal |
| Azim Premji | $15.9 Billion | His ownership stake in Wipro Limited | Wipro Limited |
| Kumar Mangalam Birla | $13.8 Billion | His various business interests | Kotak Mahindra Bank |
1. Mukesh Ambani: The Telecom Magnate
Age: Mukesh Ambani was born on April 19, 1957, making him 66 years old.
Net worth: $93.5 Billion
Source of income
Mukesh Ambani’s primary source of income is his ownership and leadership of Reliance Industries Limited, a conglomerate with interests in petrochemicals, refining, oil, and telecommunications.
Background
The first one of the top 10 richest person in India is Mukesh Ambani. Mukesh Ambani, the eldest son of Reliance Industries Limited founder Dhirubhai Ambani, has been a vital component of the family business since the late 1970s. He was instrumental in increasing the company’s operations through his strategic contributions. Reliance Industries has evolved as one of India’s largest conglomerates, making a significant impression on the global arena across numerous industries, thanks to his innovative leadership.
Investment Strategies
Mukesh Ambani has focused on expanding and diversifying Reliance Industries. He has strategically invested in various sectors, including telecommunications (Reliance Jio), e-commerce (JioMart), and digital services.
2. Gautam Adani: The Infrastructure Mogul
Age: Gautam Adani was born on June 24, 1962, making him 61 years old.
Net worth: $51.4 Billion
Source of income
Gautam Adani’s wealth primarily stems from his diverse business empire, Adani Group. The conglomerate has interests in sectors such as infrastructure, energy, logistics, and ports.
Background
Another one of the top 10 richest person in India is Gautam Adani. He hails from a business family in Gujarat, India. Gautam Adani started his entrepreneurial journey by establishing Adani Enterprises Limited in 1988. Gautam Adani holds a Bachelor’s degree in Commerce from Gujarat University. Now, he is the chairman of the Adani Group, a multinational conglomerate with interests in ports, logistics, energy, and infrastructure. Gautam Adani’s entrepreneurial acumen and strategic investments have catapulted him to the list of India’s wealthiest individuals.
Investment Strategies
Gautam Adani has focused on infrastructure development, particularly in ports and logistics. He has also expanded into renewable energy, such as solar power, reflecting his commitment to sustainable development.
3. Cyrus Poonawalla: The Vaccine Pioneer
Age: Cyrus Poonawalla was born on August 17, 1945, making him 77 years old.
Net worth: $27.6 Billion
Source of income
Cyrus Poonawalla’s primary source of wealth is his ownership of Serum Institute of India, the world’s largest vaccine manufacturer.
Background
Cyrus Poonawalla is also one of the top 10 richest person in India. He comes from a family of entrepreneurs. He established the Serum Institute of India in 1966 and has since been instrumental in providing affordable vaccines to the world. Now, Cyrus Poonawalla is the founder and chairman of the Serum Institute of India, the world’s largest vaccine manufacturer. Cyrus Poonawalla’s contributions to the healthcare sector and vaccine production have earned him a place among the richest individuals in India.
Investment Strategies
Cyrus Poonawalla’s investment strategy revolves around research and development in the field of vaccines. He has continuously invested in expanding production capabilities and developing innovative immunization solutions.
4. Shiv Nadar: The Tech Pioneer
Age: Shiv Nadar was born on July 14, 1945, making him 78 years old.
Net worth: $26.8 Billion
Source of income
Shiv Nadar’s wealth primarily comes from his ownership of HCL Technologies, an Indian multinational IT services and consulting company.
Background
The fourth of the top 10 richest person in India is Shiv Nadar. He came from a humble background and founded HCL in 1976. He holds a Bachelor’s degree in Electrical and Electronics Engineering from PSG College of Technology in Coimbatore, India. Now, Shiv Nadar is the founder and chairman of HCL Technologies, one of India’s leading IT services and consulting companies. Shiv Nadar’s entrepreneurial journey and technological innovations have established him as one of India’s wealthiest individuals.
Investment Strategies
Shiv Nadar’s investment strategies involve fostering innovation and technological advancements. He has been involved in various philanthropic initiatives, particularly in the field of education and healthcare.
5. Savitri Jindal: A Pioneer in the Steel Industry
Age: Savitri Jindal was born on March 20, 1950, making her 73 years old.
Net worth: $19.3 Billion
Source of income
Savitri Jindal’s wealth stems from her family’s businesses, primarily in the steel and power sectors.
Background
The fifth of the top 10 richest person in India is Savitri Jindal. She was born into a humble family in Haryana, India. Savitri Jindal was married to the renowned Jindal family, which already had a stronghold in the business world. Following her husband’s untimely demise, Savitri Jindal took charge of the family business and steered it towards unparalleled success. She holds a Bachelor’s degree in Arts from the University of Delhi.
Investment Strategies
Savitri Jindal’s investment strategies have focused on expanding the family’s businesses and maintaining their position in the steel and power sectors. She has also been involved in philanthropic initiatives, particularly in the field of education.
6. Radhakishan Damani: The Retail Guru
Age: Radhakishan Damani was born on January 8, 1954, making him 69 years old.
Net worth: $17.4 billion
Source of income
Radhakishan Damani’s primary source of wealth is his ownership and leadership of DMart, one of India’s largest retail chains.
Background
Radhakishan Damani is another one of the top 10 richest person in India. He comes from a business-oriented family and has been involved in the stock market since the 1980s. Radhakishan Damani holds a Bachelor’s degree in Commerce from the University of Mumbai. Now, he is the founder of DMart, one of India’s largest retail chains. Damani’s success in the retail industry has catapulted him to the list of India’s wealthiest individuals.
Investment Strategies
Radhakishan Damani’s investment strategies revolve around retail and consumer goods. He has focused on providing value to customers through DMart’s chain of hypermarkets and expanding the company’s presence across India.
7. Dilip Shanghvi: The Pharmaceutical Mogul
Age: Dilip Shanghvi was born on October 1, 1955, making him 67 years old.
Net worth: $17.0 billion
Source of income
Dilip Shanghvi’s wealth primarily comes from his ownership of Sun Pharmaceutical Industries, one of the largest pharmaceutical companies in India.
Background
The seventh of the top 10 richest person in India is Dilip Shanghvi. He started his entrepreneurial journey in 1983 with a meager investment. He focused on building a strong distribution network and delivering high-quality medicines at affordable prices. His dedication and commitment paid off, and Sun Pharmaceuticals grew by leaps and bounds, capturing a significant market share in India and abroad. Dilip Shanghvi founded Sun Pharmaceutical Industries in 1983 and has been instrumental in its growth. He holds a Bachelor’s degree in Commerce from the University of Calcutta.
Investment Strategies
Dilip Shanghvi’s investment strategies focus on the pharmaceutical industry, including research and development, strategic acquisitions, and global expansion.
8. Lakshmi Mittal: The Steel Baron
Age: Lakshmi Mittal was born on June 15, 1950, making him 73 years old.
Net worth: $16.5 Billion
Source of income
Lakshmi Mittal’s wealth primarily stems from his ownership and leadership of ArcelorMittal, the world’s largest steel manufacturing company.
Background
Another one of the top 10 richest person in India is Lakshmi Mittal. He comes from a business family in India and later moved to the United Kingdom. Lakshmi Mittal holds a Bachelor’s degree in Commerce from St. Xavier’s College, Kolkata. He is an Indian-born business tycoon and the chairman and CEO of ArcelorMittal, the world’s largest steelmaking company. With his extensive business empire and vast wealth, Mittal ranks among the wealthiest individuals not only in India but also globally.
Investment Strategies
Lakshmi Mittal’s investment strategies revolve around the steel industry and global expansion. He has made strategic acquisitions and investments in steel companies worldwide.
9. Azim Premji: A Visionary Philanthropist
Age: Azim Premji was born on July 24, 1945. As of today, he is 77 years old.
Net worth: $15.9 Billion
Source of income
Azim Premji’s primary source of income is his ownership stake in Wipro Limited, an Indian multinational corporation that specializes in IT services and consulting.
Background
The ninth of the top 10 richest person in India is Azim Premji. He is an Indian native of Mumbai. In 1966, Azim Premji took over Western India Vegetable Products, the family business, and turned it into Wipro Limited, a well-known IT firm. Azim Premji transformed Wipro Limited from a small family-owned business into a multinational corporation. Through his vision and strategic decisions, Wipro expanded its offerings to include a wide range of IT services, software development, and consulting solutions. Premji’s leadership played a pivotal role in positioning Wipro as a global leader in the IT industry. Wipro has developed into a major player in the technology industry under his direction.
Investment Strategies
Azim Premji’s long-term investment strategies are well-known. He believes in investing in businesses with sustainable development potential and shareholder value creation. Through the Azim Premji Foundation, he has donated a significant portion of his wealth to charitable causes, demonstrating a keen interest in philanthropy.
10. Kumar Mangalam Birla: The Industrialist Extraordinaire
Age: Kumar Mangalam Birla was born on June 14, 1967. As of today, he is 56 years old.
Net worth: $15.3 Billion
Source of income
Kumar Mangalam Birla derives his income from his various business interests, including sectors such as metals, cement, telecommunications, and financial services.
Background
The last of the top 10 richest person in India is Kumar Mangalam Birla. He belongs to the esteemed Birla family of India, renowned for their rich commercial legacy. Following the unfortunate demise of his father, Aditya Vikram Birla, he assumed the role of chairman for the Aditya Birla Group. With his astute leadership, the organization has expanded its global footprint and diversified its business portfolio, solidifying its position as a prominent player in the industry.
Investment Strategies
Kumar Mangalam Birla is well-known for his strategic approach to investing. He focuses on identifying chances for growth and expansion inside existing businesses as well as researching new ones. His investing methods include a combination of organic expansion, mergers and acquisitions, and strategic alliances to propel the Aditya Birla Group forward.
Conclusion
In short, the top 10 richest people in India, which also include Mukesh Ambani, Gautam Adani, Cyrus Poonawalla, Shiv Nadar, Savitri Jindal, Radhakishan Damani, Dilip Shanghvi, Lakshmi Mittal, Azim Premji, Kumar Mangalam Birla, and others, symbolize the height of achievement in the Indian commercial world. Their financial success is evidence of their business savvy, strategic judgment, and capacity to seize chances. Along with amassing enormous fortunes, these people have significantly impacted a variety of industries, spurring economic growth and opening up job opportunities. Additionally, their charitable activities show how dedicated they are to supporting society and enhancing the lives of others. Their experiences might serve as an inspiration and a source of insightful knowledge for aspiring businesspeople and investors.
FAQs
The richest person in India is currently Mukesh Ambani.
While these individuals have significant investments within India, they also have diverse global investments.
These individuals manage risks associated with their investments through careful analysis, diversification, and strategic decision-making.
Yes, these individuals engage in philanthropic activities and have established foundations to support various social causes.
As successful investors, individuals can learn from their investment strategies, including their focus on long-term growth, diversification, and strategic acquisitions.
These individuals maintain their positions as the richest in India through their entrepreneurial skills, visionary leadership, continuous innovation, and adaptability to changing market conditions. They also make strategic investments and explore new business opportunities to further grow their wealth.
Related Article:
Read more: Investing