India is home to some of the wealthiest people in the world. With a population of over 1.3 billion people, India has a large and growing consumer base, which has led to the creation of many successful businesses. In this blog post, we will take a look at the top 10 richest man in India in 2023.
1. Mukesh Ambani
Mukesh Ambani is the richest man in India, with a net worth of $94.3 billion. He is the chairman and largest shareholder of Reliance Industries, a conglomerate with interests in petrochemicals, refining, oil and gas exploration, and telecommunications. Ambani has been able to grow his wealth rapidly in recent years due to the success of Reliance Jio, the company’s telecommunications arm, which has disrupted India’s telecommunications market with its low-cost data plans.
2. Gautam Adani
Gautam Adani is the second richest man in India, with a net worth of $50.3 billion. He is the chairman and founder of the Adani Group, a conglomerate with interests in ports, logistics, power generation, and mining. Adani’s wealth has increased significantly in recent years due to the growth of the Adani Group’s businesses and the successful listing of Adani Green Energy, the company’s renewable energy arm.
3. Shiv Nadar
Shiv Nadar is the third richest man in India, with a net worth of $28.9 billion. He is the founder and chairman of HCL Technologies, a global IT services company. Nadar has been able to grow his wealth over the years through his successful leadership of HCL Technologies, which has become one of the largest IT services companies in India.
4. Cyrus Poonawalla
Cyrus Poonawalla is the fifth richest man in India, with a net worth of $24.3 billion. He is the chairman of the Poonawalla Group, a conglomerate with interests in pharmaceuticals, biotechnology, and real estate. Poonawalla has been able to grow his wealth through the success of Serum Institute of India, the world’s largest vaccine manufacturer by volume, which has played a key role in the global fight against COVID-19.
5. Radhakishan Damani
Radhakishan Damani is the fourth richest man in India, with a net worth of $20 billion. He is the founder and chairman of DMart, a retail chain that operates over 200 stores across India. Damani has been able to grow his wealth through the success of DMart, which has become one of India’s largest and most successful retail chains.
6. Lakshmi Mittal
Lakshmi Mittal is the seventh richest man in India, with a net worth of $17.9 billion. He is the chairman and CEO of ArcelorMittal, the world’s largest steel producer. Mittal has been able to grow his wealth through his successful leadership of ArcelorMittal, which has a significant presence in India and around the world.
7. Savitri Jindal
Savitri Jindal is the tenth richest person in India, with a net worth of $17.7 billion. She is the chairperson emeritus of the O.P. Jindal Group, a conglomerate with interests in steel, power and infrastructure. Jindal has been able to grow her wealth through her successful leadership of the O.P. Jindal Group hich has become one of the largest and most successful companies in India.
8. Kumar Mangalam Birla
Kumar Mangalam Birla is an Indian billionaire industrialist and the chairman of the Aditya Birla Group, a conglomerate with interests in cement, chemicals, telecom, financial services, and textiles, among other industries. He was born on June 14, 1967, and is the fourth generation of the Birla family to head the Aditya Birla Group.
According to Forbes’ Real Time Billionaires List, Kumar Mangalam Birla’s net worth as of March 7, 2023, is estimated to be $16.5 billion USD.
9. Dilip Shanghvi
Dilip Shanghvi is an Indian businessman and entrepreneur who is the founder and managing director of Sun Pharmaceuticals, one of India’s largest pharmaceutical companies. His net worth was estimated at $15.6 billion USD, according to Forbes’ Billionaires List. However, it’s important to note that net worth can fluctuate over time depending on factors such as changes in the value of assets, market conditions, and other factors.
10. Pallonji Mistry
Pallonji Mistry is an Indian billionaire businessman who is the chairman of the Shapoorji Pallonji Group, a conglomerate with interests in construction, real estate, and infrastructure. According to Forbes, his estimated net worth as of 2023 is $15 billion, making him the ninth richest person in India. Mistry is also the father of Cyrus Mistry, who was previously the chairman of Tata Sons, one of India’s largest conglomerates.
- Conclusion
India is home to some of the wealthiest people in the world, and the top 10 richest men in India in 2023 are a testament to the success of Indian businesses and entrepreneurship. These individuals have been able to grow their wealth through the success of their companies and their ability to innovate and adapt to changing market conditions. As India continues to grow and develop, it is likely that we will see more Indian entrepreneurs and business leaders rise to the top of the global wealth rankings.
Please visit on my another post: Click here.