Wealthy Stalwarts: India’s top 100 richest people have a combined wealth of $799 billion in 2023, slightly less than $800 billion in 2022, revealed Forbes India in its latest report. Mukesh Ambani from Reliance Industries is back at number one, and Savitri Jindal, the wealthiest woman in India, has made it into the top five. Here's the top 10 list: (Image: Shutterstock)
Ambani’s Ascend: Mukesh Ambani, 66, is the Chairman and Managing Director of Reliance Industries Ltd. His net worth is ₹765,348.00 crore. This year, he regained his position as the richest person in India as his wealth increased by $4 billion. | Networth: $92 billion | Company: Reliance Industries | Industry: Diversified.
Adani’s Adjustment: Gautam Adani, 61, the Chairperson of Adani Group, has a net worth of ₹565,692.00 crore. His wealth decreased by $82 billion or 54.67% this year after reaching $150 billion last year. He owns India’s largest port in Mundra, Gujarat. | Networth: $68 billion | Company: Adani Enterprises | Industry: Diversified.
Nadar’s Notch: Shiv Nadar, 78, a software tycoon, moved up two places to rank third as HCL Technologies’ shares rose 42% over the past year. He had the largest increase in wealth—$7.9 billion. He has donated $662 million to education-related causes and his net worth is ₹243,746.70 crore. | Networth: $29.3 billion | Company: HCL Technologies | Industry: Technology. (Image: Reuters)
Jindal’s Jump: Savitri Jindal, 73, of the O.P. Jindal Group is fourth with $24 billion, a 46% increase due to the September IPO of JSW Infrastructure by her son Sajjan Jindal. She had the second-largest increase in wealth—$7.6 billion this year and her net worth is ₹199,656.00 crore. | Networth: $24 billion | Company: O.P. Jindal Group | Industry: Metals & Mining. (Image: PTI)
Damani’s Dip: Radhakishan Damani, 68, owner of the DMart supermarket chain, has a net worth of ₹191,337.00 crore. His wealth decreased by $4.6 billion this year—the second-largest drop. | Networth: $23 billion | Company: Avenue Supermarts | Industry: Fashion & Retail.
Poonawalla’s Progress: Cyrus Poonawalla, 82, Chairman of Serum Institute of India (SII), has a net worth of ₹172,203.30 crore. SII made multiple partnerships to produce COVID-19 vaccines during the pandemic. | Networth: $20.7 billion | Company: Serum Institute of India | Industry: Healthcare.
Hinduja’s Hike: The Hinduja family controls a multinational conglomerate started by Parmanand Deepchand Hinduja in 1914. Their net worth increased by $4.8 billion—the third-largest increase this year and their total net worth is ₹166,380.00 crore. | Networth: $20 billion | Company: Ashok Leyland | Industry: Diversified. (Image: Reuters)
Shanghvi’s Shine: Dilip Shanghvi, 68, founder of Sun Pharmaceuticals which serves more than 100 countries and has over 40 manufacturing facilities has a net worth of ₹158,061.00 crore. | Networth: $19 billion | Company: Sun Pharmaceutical Industries | Industry: Healthcare. (Image: Wikimedia Commons)
Birla’s Billions: Kumar Birla, 56, chairman of Aditya Birla Group has a net worth of ₹145,582.50 crore. | Networth: $17.5 billion | Company: Aditya Birla Group | Industry: Diversified.
Mistry’s Millions: Shapoor Mistry & Family control the Shapoorji Pallonji Group with a net worth of ₹140,591.10 crore after the death of Pallonji Mistry and Cyrus Mistry in 2022. | Networth: $16.9 billion | Company: Shapoorji Pallonji Group | Industry: Diversified.