Wealth does not remain constant, especially in today’s volatile industry environment. India has generated a number of billionaires who currently hold a considerable number of positions on the list of the world’s wealthiest people. Here is a list of India’s top ten wealthiest people as of April 17, 2021, according to Forbes’ most recent real-time data.
The following are India’s ten wealthiest people, as of March 5, 2021:
#1 | Mukesh Ambani
NET WORTH: $84.5 BILLION
SOURCE OF WEALTH: DIVERSIFIED
Mukesh Ambani of Reliance Industries, India’s wealthiest individual, is ranked sixth among the world’s richest people. Mukesh Ambani is valued $73.6 billion dollars. Much of Mukesh’s wealth comes from his father Dhirubhai Ambani’s petrochemicals and oil and gas enterprises, but Mukesh is shifting his focus to more consumer-facing businesses like as telecom and retail. Reliance Jio is one of India’s major telecom networks today, having raised more than $20 billion in recent months, with retail financing to follow.
#2 | Gautam Adani
NET WORTH: $50.5 BILLION
SOURCE OF WEALTH: INFRASTRUCTURE
According to the most recent figures, Gautam Adani’s net worth is $56.2 billion. He is India’s second richest individual and ranks 22nd on the world’s richest list. Apart from the largest port in India, Mundra Port, his wealth-generating holdings include commodities, electricity generation, including renewable energy (such as solar farms), and transmission, to name a few.
#3 | Shiv Nadar
NET WORTH: $23.5 BILLION
SOURCE OF WEALTH: SOFTWARE SERVICES
Shiv Nadar is India’s third-richest man, with an estimated net worth of $24.7 billion. HCL Technologies, which he created, has a market value of 274826 crores and is one of the world’s largest software services exporters. HCL Technologies, which has a presence in over 45 countries around the world, puts Shiv Nadar at the 68th position on the list of the world’s wealthiest people.
#4 | Radhakishan Damani
NET WORTH: $16.5 BILLION
SOURCE OF WEALTH: RETAIL, INVESTMENTS
Avenue Supermarts, the low-profile retailing king’s listed supermarket chain, runs 221 DMart locations around the country. Gopikishan, his brother, is also a billionaire.
#5 | Uday Kotak
NET WORTH: $15.9 BILLION
SOURCE OF WEALTH: BANKING
Kotak Mahindra Bank, one of India’s top four private banks, was founded and is run by India’s wealthiest banker. Kotak sold $950 million worth of shares in June to lower his position in the bank to 26%, as required by the Reserve Bank of India.