India managed to add 38 billionaires to its rich list, taking the total tally to 259, as per the 360 ONE Wealth Hurun India Rich List 2023 released on October 10. While India is staring at a recession, the country is cementing its position as an economic powerhouse. As per the report, approximately 65% of people on the list amassed a combined wealth of close to $1 trillion. This is akin to the combined GDP of Singapore and the UAE.
The chairman and managing director of Reliance Industries Limited, Mukesh Ambani, surpassed Gautam Adani, who dropped to the second spot, despite only a 2% growth in his wealth. In this article, we’ll get to the top 7 richest people who have made it to the list:
Mukesh Ambani – Net worth: Rs 808,700 crore
Reliance Industries Limited’s head, Mukesh Ambani, ranks twelfth on the global billionaire list, with a massive net worth of $89.8 billion or approximately Rs 8.08 lakh crore. He played an important role in RIL’s growth and worked hard to make it one of India’s top firms with a global presence.
In 2004, Mukesh Ambani took over the company after his father Dhirubhai Ambani’s sudden demise.
Gautam Adani – Net worth: Rs 474,800 crore
As the chairman of the Adani Group, Gautam Adani has built an empire spanning various industries, including ports, logistics, energy and infrastructure. He has an estimated net worth of $54 billion, as per Hurun. As per Forbes, Gautam Adani wants to be the world’s largest producer of green energy and will invest up to $70 billion on renewable energy projects.
Cyrus S Poonawalla – Net worth: Rs 278,500 crore
Cyrus Poonawalla, the founder of the Serum Institute of India, is the largest vaccine maker in the world in terms of doses. Established in 1966, the company head Cyrus Poonawalla is the third richest man in India. With an estimated net worth of $20.6 billion, the billionaire tycoon is also known for his philanthropic efforts.
Shiv Nadar – Net worth: Rs 228,900 crore
Shiv Nadar, HCL Technologies co-founder, holds the fourth position among India’s richest billionaires, with an estimated wealth of $29 billion. The company is a significant provider of software services in India, boasting a substantial revenue of $12.7 billion. Under Shiv Nadar’s guidance, the company has managed to become one of India’s largest IT services companies, operating in over 45 countries.
Gopichand Hinduja – Net worth: Rs 1,76,500 crore
Gopichand Parmanand Hinduja, a British billionaire businessman, controls the Indian conglomerate Hinduja Group. For many years he was co-chairman with his brother Srichand SP Hinduja who died in May 2023. He has an estimated net worth of Rs 1,76,500 crore.
Savitri Jindal – Net worth: $23.9 billion
Savitri Devi Jindal, an Indian businesswoman and politician, was the chairperson emerita of O.P. Jindal Group. She is also the president of Maharaja Agrasen Medical College, Agroha. Jindal family net worth is estimated to be $23.9 billion.