TEMPO.CO, Jakarta - Over the years, the number of billionaires in India has undergone notable fluctuations. From boasting 249 billionaires in 2022, the number dropped to 187 in 2023 before finally experiencing a significant rebound in 2025, with approximately 284 billionaires calling the nation home.
From tech tycoons and industrial magnates to self-made billionaires, the richest person in India has turned innovation and vision into immense wealth. They continue to dominate their respective fields, reinforcing Asia’s growing significance on the global stage.
List of the Richest Persons in India
Based on Forbes’ list, Mukesh Ambani has retained his title as the richest person in India, boasting an eye-watering net worth of $92.5 billion. Other prominent figures making their way into the top rankings are as follows:
1. Mukesh Ambani - $92.5 Billion
Taking the top spot, Mukesh Ambani has long been recognized as the richest person in India. As of 2025, Ambani’s net worth stands at a staggering $92.5 billion. The immense wealth primarily stems from his prominent role as the Managing Director and Chair of Reliance Industries, a conglomerate with a highly diversified portfolio spanning oil and gas, petrochemicals, retail, telecommunications, and more. Thanks to the scale and success of Reliance, Ambani also ranks as the richest person in Asia.
2. Gautam Adani - $56.3 Billion
At 63, Gautam Adani holds an astonishing net worth of $56.3 billion. Since establishing the Adani Group in 1996, he has cemented the company to a leadership position in India’s port operations and development sector. The conglomerate’s interests span a wide range of sectors, including airports, power generation and transmission, ports, and renewable energy.
3. Savitri Jindal - $35.5 Billion
Following the passing of her husband, Om Prakash Jindal, Savitri Jindal assumed the role of chairperson of the Jindal Group. The company has diverse interests in steel, cement, infrastructure, and power, with each division managed by one of her four sons. With a net worth of $35.5 billion, Jindal isn’t just the third-richest person in India but also one of the richest women in the world.
4. Shiv Nadar - $34.5 Billion
Shiv Nadar’s $34.5 billion wealth is largely attributed to HCL Technologies, an IT giant he co-founded in 1976. Started off in a garage to make calculators and microprocessors, HCL has since grown into a global powerhouse. Today, the company employs over 220,000 people across 60 countries and serves high-profile clients such as Microsoft and Cisco.
5. Dilip Shanghvi - $24.9 Billion
Dilip Shanghvi has built an immense wealth of $24.9 billion, thanks to the pioneering Sun Pharmaceutical Industries. What began with a $200 loan from his father in 1983 has steadily grown into the first Indian pharmaceutical company to hit a $5 billion valuation. Under Shanghvi's guidance, the company expanded through a series of acquisitions, including the $576 million acquisition of US-based Concert Pharmaceuticals in 2023.
6. Cyrus Poonawalla - $23.1 Billion
Cyrus Poonawalla founded the Serum Institute of India in 1966, establishing not just a vaccine company but a record-breaking and transformative force in global healthcare. Today, the company produces over 1.5 billion doses annually, making it the world’s largest vaccine manufacturer.
While the Serum Institute is the primary source of his wealth, Poonawalla’s $23.1 billion net worth also comes from investments in Poonawalla Fincorp and ownership of The Ritz-Carlton hotel in Pune.
7. Kumar Birla - $20.9 Billion
Kumar Mangalam Birla is ranked as the seventh-richest person in India in 2025, with a net worth of $20.9 billion. Just at the age of 28, Birla became the fourth-generation head of the Aditya Birla Group, overseeing a vast business portfolio that spans cement, textiles, aluminum, telecom, financial services, and paints. In recent years, the group has expanded into new sectors such as branded jewelry and hospitality.
8. Lakshmi Mittal - $19.2 Billion
Lakshmi Mittal is the visionary force behind ArcelorMittal, the world’s largest steel and mining company by output. Born into a steelmaking family, Mittal chartered his own path by building Mittal Steel, which later merged with France’s Arcelor in 2006 to form the global giant. With a net worth of $19.2 billion, he currently serves as Chairman, after passing the CEO role to his son, Aditya Mittal, in 2021.
9. Radhakishan Damani - $15.4 Billion
Dubbed “India’s retail king,” Radhakishan Damani is the mastermind behind Avenue Supermarts Limited, the parent company of the popular D-Mart chain. Entering the retail sector in 2002, Damani grew the business from a single suburban Mumbai store into a network of 336 outlets across India, offering everything from groceries to footwear.
Beyond retail, he holds stakes in various companies and owns an extensive real estate portfolio, including a $100 million mansion in South Mumbai, purchased jointly with his brother.
10. Kushal Pal Singh - $14.5 Billion
For 2025, Kushal Pal Singh rounds out Forbes’ list of the richest people in India, with a net worth of $14.5 billion. He joined his father-in-law’s real estate company, DLF, in 1946 and later played a pivotal role in establishing DLF City in Gurgaon, transforming the once-rustic suburb into a thriving business hub. Although he stepped down as CEO and Chairman of DLF in 2020, handing over the reins to his son, he continues to serve as the company’s Chairman Emeritus.
From building businesses over decades to leading their respective industries, these richest people in India stand as a testament to hard work, resilience, and vision. For a similar discovery, let’s take a look at the 10 richest people from Iran.
FORBES | INDIA TODAY | JAGRAN JOSH
Editor’s Choice: These Are Forbes' 10 Youngest Billionaire in the World, April 2025
Click here to get the latest news updates from Tempo on Google News
