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Forbes Richest Indian List: Mukesh Ambani is number one, Adani at second spot | Check top 10 here

The anticipation surrounding India’s upcoming assembly election, coupled with PM Modi’s potential third term, has ignited a stock market frenzy, resulting in a record-breaking 200 Indians making it onto Forbes’ 2024 list of the World’s Billionaires.

Nitin Kumar Edited By: Nitin Kumar @Niitz1 New Delhi Updated on: April 03, 2024 14:02 IST
Forbes Richest Indian List: Mukesh Ambani is number one,
Image Source : INDIA TV Forbes Richest Indian List: Mukesh Ambani is number one, Adani at second spot | Check top 10 here

The anticipation of India’s upcoming assembly election, with Prime Minister Narendra Modi poised for a potential third term, has ignited a stock market frenzy, propelling a record-breaking 200 Indians onto Forbes’ 2024 list of the World’s Billionaires—up from 169 last year. Their collective wealth is nearing a trillion dollars, with a staggering total of $954 billion, marking a remarkable 41% surge from $675 billion last year.

Ambani’s Reliance soars, Adani rebounds strongly

Mukesh Ambani’s Reliance Industries has seen a meteoric rise, catapulting his net worth to $116 billion, solidifying his status as India’s wealthiest individual and the first Asian to enter the exclusive $100 billion club. Meanwhile, Gautam Adani, despite facing setbacks in the previous year due to allegations of fraud, has rebounded vigorously, adding $36.8 billion to his fortune, securing his position as India’s second richest person with a wealth of $84 billion.

Notable entries and exits

Twenty-five new Indian billionaires have made their debut on the list, including prominent figures like Naresh Trehan and Ramesh Kunhikannan. However, four individuals, including former edtech standout Byju Raveendran, have dropped off the list this year. Additionally, the passing of notable billionaires like Keshub Mahindra and Ashwin Dani has reshaped the landscape of India’s billionaire class.

Top 10 richest Indians

  1. Mukesh Ambani - $116 billion
  2. Gautam Adani - $84 billion
  3. Shiva Nadar - $36.9 billion
  4. Savitri Jindal - $33.5 billion
  5. Dilip Shanghvi - $26.7 billion
  6. Cyrus Poonawalla - $21.3 billion
  7. Kushal Pal Singh - $20.9 billion
  8. Kumar Birla - $19.7 billion
  9. Radhakishan Damani - $17.6 billion
  10. Lakshmi Mittal - $16.4 billion

Also read | Adani Green Energy Ltd achieves milestone: Surpasses 10,000 MW renewable energy capacity

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