India has solidified its position as a global economic powerhouse, ranking third in the world in Forbes’ annual Billionaires List with a total of 205 billionaires. This places India just behind the United States and China. The combined wealth of India’s billionaires has increased significantly to approximately $1.1 trillion, driven by a booming stock market and economic recovery.
The number of billionaires worldwide has reached an all-time high, with 3,028 individuals making Forbes’ 2025 Billionaires List which is 247 more than last year. Their collective wealth has surged to $16.1 trillion, an increase of $2 trillion from the previous year, surpassing the GDP of every nation except the US and China. The average billionaire fortune now stands at $5.3 billion.
India’s wealth titans
Mukesh Ambani, chairman of Reliance Industries, leads the Indian contingent with a staggering net worth of $92.5 billion, making him the 18th richest person in the world. Chairman of the Ahmedabad-headquartered Adani Group,Gautam Adani follows with $56.3 billion at 28th position.
Among the top-ranking Indian billionaires are:
Savitri Jindal & Family – $35.5 billion (Metals & Mining)
Shiv Nadar – $34.5 billion (Technology)
Dilip Shanghvi – $24.9 billion (Healthcare)
Cyrus Poonawalla – $23.1 billion (Healthcare)
Kumar Birla – $20.9 billion (Diversified Industries)
Lakshmi Mittal – $19.2 billion (Metals & Mining)
Radhakishan Damani – $15.4 billion (Fashion & Retail)
Uday Kotak – $14 billion (Finance & Investments)
Sunil Mittal – $12.1 billion (Telecom)
Azim Premji – $12 billion (Technology)