Richest people in India 2024 are driving India’s transformation into a global economic powerhouse. From Mukesh Ambani, the wealthiest man, to Gautam Adani, India’s second-richest person, these billionaires are shaping the future. Their contributions across sectors like technology, retail, and finance are not just fueling their wealth, but also making India a key player in the global economy.
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Introduction of Top Wealthiest Indians of 2024
India is home to some of the most active billionaires on earth—amongst industrial and tech entrepreneurs—many of these cognoscenti are pluralists across sectors. As the 2024 Billionaires List of Indian Messers released by Forbes India shows, Indian tech magnates, industrialists, and retail giants continue to get rich! In these short biographies of billionaires, we will play behind them their sources of riches, skills, and how they have raised the Indian economy.
| Rank | Name | Net Worth (in billion USD) | Industry |
| 1 | Mukesh Ambani | $100 billion | Conglomerate (Petrochemicals, Telecom, Retail) |
| 2 | Gautam Adani | $80 billion | Infrastructure, Energy, Renewable Energy |
| 3 | Shiv Nadar | $45 billion | Technology (IT Services) |
| 4 | Radhakishan Damani | $35 billion | Retail (Supermarkets) |
| 5 | Lakshmi Mittal | $30 billion | Steel, Mining, Energy |
| 6 | Cyrus Poonawalla | $25 billion | Biotech (Vaccines) |
| 7 | Savitri Jindal & Family | $20 billion | Steel, Energy, Infrastructure |
| 8 | Kumar Mangalam Birla | $18 billion | Conglomerate (Metals, Telecom, Cement) |
| 9 | Uday Kotak | $16 billion | Banking, Finance |
| 10 | Anant Ambani | $12 billion | Telecom, Retail |
Mukesh Ambani: The King of Indian Business
India’s richest people in 2024 are transforming the economy. Among them, Mukesh Ambani is the leader with a net worth of $100 billion, while Gautam Adani, the second wealthiest individual, is making waves in the infrastructure and renewable energy sectors.
Reliance Industries. Founded in 1960, multi-industrial group sectors of petrochemical production, oil refining and advertising (Jio), telecommunications (Reliance Jio), retail (Reliance Retail) and media.
Jio: His telecom venture made internet & digital services a household commodity for millions of Indians with the introduction of Jio.
Widespread Impact: With more than $90 billion in annual revenue, the conglomerate is also spread across major pillars of the domestic and foreign economies.
Gautam Adani: The Changing Face of Indian Business
ADANI GROUP-CHAIRMAN One of the richest people in India 2024 : Chairman of the Adani Group, Gautam Adani has emerged as one of the richest people in India 2024. With a fortune nearing $80 billion, Adani is not only reshaping Indian business but also playing a pivotal role in sectors like renewable energy, infrastructure, and logistics.
Adani Group: Indian multinational conglomerate headquarter in Ahmedabad. The company operates in a diversified sector, including energy, resources, logistics, and agribusiness.
Empire Building: Adani poured money into solar and wind, rounding out as the biggest player on India’s renewable energy map.
Overseas Reach: The businesses he has bought, such as Australian port and airport operations.
Shiv Nadar: The Mogul Philanthropist
Shiv Nadar One of the richest people in India 2024 who is the founder and chairman of HCL Technologies, has amassed a fortune that placed him among the richest in India at a level close to $45 billion. HCL Technologies and Nadar have transformed the face of the Indian IT industry and made HCL Tech one of the top global IT service manufacturing providers over time.
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HCL Technologies: With 450+ IT services-centric clients globally, HCL Technologies is a prominent name in the global arena for offering software and hardware services & digital transformation solutions.
Philanthropy: The Shiv Nadar Foundation, of which he is a patron, has given away billions on education and healthcare.
Technology Leadership: Nadar launched the bold new playbook, leading to cross-border consolidation that would see successful testing labs getting acquired and run as part of global businesses
Radhakishan Damani: The King of Retail
One of the richest people in India 2024 Is DMart Founder Radhakishan Damani With A $35 Billion+ Net Worth (2024)
DMart: Dmart is a popular supermarket chain in India that has gone many steps further in the year of expansion and development. Known for low prices as well as an assortment of products.
Investment Strategy: Damani is known for his stock market investment strategies & has invested in multiple real estate & public companies.
DMart: The Retail Disrupter: Damani, who is not one to hold back and be a spectator, played well on the front foot and disrupted Indian retail space with DMART, which while adding quantitatively to his wealth has also contributed qualitatively to this part of the economy.
Lakshmi Mittal: European & Asian Steel Magnate
Chairman and CEO of ArcelorMittal, Lakshmi Mittal, has also been a household name in the steel sector. ArcelorMittal is the world’s largest steelmaker under Mittal, who has a net worth of around $30 billion dollars.
ArcelorMittal: With a presence in over 60 counties, ArcelorMittal is the largest steel-producing company globally.
World Stage: By home buying big iron & steel makers across the globe in Europe, the USA, & South America, Mittal has become a global player.
Wide Range of Interests: In addition to steel, Mittal holds investments in mines and power as well.
Cyrus Poonawalla: Vaccine King and Biotech Giant
Cyrus Poonawalla Chairman, Serum Institute of India: India’s 6th richest person ($25 billion+)
Serum Institute of India: Makes billions of vaccines, the largest producing facility in the world.
Role of Vaccines: Poonawalla was among the leading contributors for the production of vaccines against COVID-19, and he produced thousands and millions of doses to fight back with this virus.
World Healer: His fame worldwide is due to his position as the leader in biotech & vaccines.
Savitri Jindal & Family:
Savitri Jindal and her family own a fraction of the O.P. Jindal Group’s wealth, close to $20 billion in 2024
O.P. Jindal Group: One of the largest conglomerate groups with interests in steel, energy, infrastructure, and cement.
Legacy: Savitri Jindal, chairperson of a conglomerate founded by her late husband, O.P. Jindal
Diverse Investments: The family’s investment spans from steel to power generation to real estate development.
Kumar Mangalam Birla: Chairman, Aditya Birla Group and Leader
Chairman of the Aditya Birla Group, Kumar Mangalam Birla, has an estimated net worth of $ billions, around $ 18.
Aditya Birla Group: A conglomerate with interests in metals, cement, etc.
Telecom Expansion: Birla has been a significant force behind growing the group’s telecom business, especially Idea Cellular.
A Global Player: The Birla Group has operations in more than 36 countries.
Uday Kotak: Bank Tycoon
Uday Kotak has a $16 billion fortune, and Uday Kotak is the founder and executive vice chairman of Kotak Mahindra Bank.
Kotak Mahindra Bank: One of the biggest private-sector banks in India, it has a diversified portfolio including banking, insurance, and asset management.
Financial Acumen: Kotak is known for his financial acumen, which has helped the bank do well in retail and investment banking.
Philanthropy : Uday Kotak is also an philanthropist and is involved in numerous initiatives related to education, health care.
Anant Ambani: Son of Mukesh Ambani
Son of Mukesh Ambani and has an estimated wealth of $12 billion.
Reliance Jio & Retail: Amit has been instrumental in the growth of Jio and Reliance Retail, two of the biggest success stories within Reliance.
Tech-savvy leadership: He has worked towards the digital transformation and innovation of the company to make sure Reliance remains in the top league internationally.
Q1. Who is the richest person in India 2024?
Ans: The richest person is Mukesh Ambani; his net worth is around 100 billion dollars.
Q2: Why and how Mukesh Ambani is among the richest men?
Ans: Mukesh Ambani is currently the head of Reliance Industries, a company with diverse interests including petrochemicals, telecommunications, and retail.
Q3: In which sectors do the richest Indians earn money?
Ans: The richest Indians come from diverse backgrounds, including tech, steel, telecoms, retail, and biotech.
