Mukesh Ambani, the chairman of Reliance Industries, has reclaimed the top spot on Forbes’ list of India’s 100 Richest, with a net worth of $108 billion. This marks a significant milestone for Ambani, who previously held the position before being briefly overtaken by Gautam Adani last year ¹.
Ambani’s success can be attributed to his strategic business moves, including the transformation of Reliance Industries into a diversified conglomerate. Recently, he appointed his three children to the company’s board as non-executive directors, solidifying his succession plan ¹.
The collective wealth of India’s 100 Richest remains steady at $799 billion, with the minimum net worth required to make the list increasing to a record $2.3 billion ¹ ². Other notable individuals on the list include Gautam Adani, who slipped to second place with a net worth of $68 billion, and Shiv Nadar, who rose to third place with a fortune of $29.3 billion .
The list also saw some new entrants, including Renuka Jagtiani, chairwoman of Landmark Group, and Inder Jaisinghani, whose family’s net worth nearly doubled due to the success of their wires and cables company, Polycab India
India’s Top 10 Richest Individuals
- Mukesh Ambani: $108 billion
- Gautam Adani: $68 billion
- Shiv Nadar: $29.3 billion
- Savitri Jindal: $24 billion
- Radhakishan Damani: $23 billion
- Cyrus Poonawalla: $20.7 billion
- Hinduja Family: $20 billion
- Dilip Shanghvi: $19 billion
- Kumar Birla: $17.5 billion
- Shapoor Mistry & Family: $16.9 billion