TFP Bureau, New Delhi, April 15, 2025: Forbes has unveiled its latest rankings of India’s wealthiest individuals, based on financial data as of April 1, 2025, with Mukesh Ambani, Chairman and Managing Director of Reliance Industries, retaining the top position. Ambani’s net worth is valued at a staggering Rs 1,000,122 crore (1199 billion dollars), solidifying his leadership in India’s business landscape.
Following Ambani at number two is Gautam Adani, the chairman of the Adani Group, which operates across sectors like ports, airports, power, and green energy. Adani’s fortune had faced a setback after the Hindenburg report in 2023, but a rebound came after the Supreme Court’s decision in 2024, propelling the group back into the market.
Top 10 Richest People in India
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Mukesh Ambani
As the driving force behind Reliance Industries, Ambani’s diverse interests span oil, gas, petrochemicals, telecom, and retail. His three children—Akash, Isha, and Anant—are now actively managing different segments of the conglomerate. -
Gautam Adani
Despite challenges, Adani remains a dominant figure in India’s business world, with his ventures in infrastructure, energy, and green technologies continuing to expand. -
Savitri Jindal & Family
Savitri Jindal, recognized as one of India’s wealthiest women, chairs the OP Jindal Group, which has strong holdings in steel, power, and sports, with her sons overseeing its operations. -
Shiv Nadar
The IT sector pioneer and founder of HCL, Nadar has made significant philanthropic contributions, including a donation of over Rs 2,042 crores in 2023. His daughter Roshni Nadar now manages a substantial portion of the family’s wealth. -
Dilip Sanghvi
Founder of Sun Pharmaceuticals, Sanghvi is a key player in India’s pharmaceutical industry, having strengthened his position with the 2014 acquisition of Ranbaxy for $4 billion. -
Cyrus Poonawala
As the founder of Serum Institute, the world’s largest vaccine manufacturer, Poonawala saw significant wealth growth during the COVID-19 pandemic due to global vaccine demand. -
Kumar Mangalam Birla
Head of Aditya Birla Group, Birla’s diverse business interests span cement, aluminum, and financial services, with the company recently recovering from a challenging phase involving Vodafone-Idea’s Rs 18,000 crore FPO. -
Radhakishan Damani
Founder of DMart, Damani’s retail empire has grown to over 330 stores across India since its launch in 2002. He also holds significant stakes in VST and India Cements. -
Lakshmi Mittal
Known for his leadership in the steel industry, Mittal’s acquisition of Essar Steel for $5.9 billion in 2019 strengthened his position as a global magnate, with his son Aditya now taking over as CEO. -
Uday Kotak
Founder of Kotak Mahindra Bank, Kotak has been preparing his son, Jai Kotak, as his successor, while complying with regulatory requirements by reducing his stake in the bank.
This year’s list highlights India’s continued emergence as a powerhouse of business, with the country’s wealthiest individuals driving growth across various sectors, from technology and pharmaceuticals to retail and energy.
