The richest person in India-Top 10 in [2020]

The richest person in India – Mukesh Ambani (2020)

Each year Forbes comes up with the lists of wealthiest people around the world. According to 2019 Forbes report

Around 2200 billionaires have been reported and among them, 121 Indians made into the list the 3rd largest after US and China. Unluckily there were no single women in the list of the richest person in India because it is still dominated by men as of now.

Here we came up with the top 10 richest people in India with their short details.

Mukesh Ambani.

mukesh - richest person in India

With 11th consecutive year Mukesh Ambani still holding his throne firmly and is called the richest man in India.  Mukesh Ambani is the chief of Reliance Industries(RIL). With the net worth of   $51.5B, he tops the chart. Reliance was found by his late father Dhirubhai Ambani in 1966 as a small textile manufacturer in Gujarat. Later the empire of Reliance was split into two among his both sons Mukesh Ambani and Anil Ambani. In 2016 reliance shook the telecom market after launching his low cost 4G Jio phone service and cheap data service.

Checklist:-

  • Age =62
  • Country = India
  • Source of wealth = petrochemicals, oils, and gases, Reliance telecom.
  • Children and spouse = 3 children with wife Nita Ambani

Azim Premji

second richest person in india

Azim  Premji, tech magnate in India and founder of Wipro holds the second position with the net worth of $ 21B. He is the most generous billionaire in India and shows his interest in philanthropy by donating huge money each year, also called by the czar of the Indian IT industry. He has agreed to give half of his wealth by signing The giving pledge, started by giving $2B donation to the Azim Premji foundation focused on educational development in India.

    Checklist:-

  • Age = 73
  • Country =India
  • Source of wealth =Wipro limited (software company).
  • Children and wife = 2 with wife Yasmeen.

Lakshmi Mittal

third richest person in india

Lakshmi  Niwas  Mittal is one of the steel magnates in the world. He is chairman and CEO of ArcelorMittal which is the world’s largest steel-making company. Ranking third among the richest person in India with a net worth of $18.3B also became 6th richest person in the world in 2011 and became first Indian to be under top 10 richest people. Mittal family is recently residing in London, the United Kingdom owns 38% of ArcelorMittal and also is a board member of Goldman Sachs mostly known for his luxurious living and his lifestyle.

Checklist:-  

  • Age = 69
  • Country = India
  • Source of wealth =Steel company
  • Children and spouse = 2 with wife Usha Mittal

Hinduja Brothers

Hinduja Brothers

They rank fourth richest in the table, founder of the Hinduja group, a conglomerate company situated in Mumbai India. It was founded by Parmanand  Deepchand Hinduja. It is mainly focused on running multiple businesses from healthcare, import-export, automobiles, call centers. With a net worth of $18B, these groups are in the fourth position.

Checklist:-

  • Age = 79
  • Country = India
  • Source of wealth = Hinduja Group, Ashok Leyland
  • Children and spouse =3 with wife Sunita Hinduja.

 Pallonji Mistry

Pallonji Mistry

Pallonji Mistry with an estimation of $15.7B holds the 5th position in being the richest person in India. He is the individual largest shareholder in Tata Sons, the chairman of the Shapoori  Pallonji group, which has a 50% stake of his sons Cyrus and saphoor mistry.

He married an Irish Lady Patsy Perin Dubash in 2003 and gave up his Indian citizenship to become an Irish citizen. He recently lives in Mumbai, India.

Checklist:-

  • Age =89
  • Country = India (holding Irish citizenship)
  • Source of Income = Shapoorji  Pallonji  Group
  • Children and spouse = 4 and wife  Patsy Perin Dubash.

   Shiv Nadar

Shiv Nadar

With a net worth of $14.6B, he ranks in the 6th position to be among the richest persons in India. He is the founder of HCL and Shiv Nadar Foundation, which focuses on the educational system of India. To show the charity contribution he has been awarded Padma Bhusan for his wonderful efforts in the IT Industry. He is the brother of Tamil Novelist Ramanichandran.

Checklist:-

  • Age =73
  • Country = India
  • Source of wealth = HCL technologies
  • Children and spouse = 1 with wife Kiran Nadar.

  Godrej Family

Godrej Family

With its $14B net worth, the Godrej family is ranking on the seventh richest in India. His company is also a conglomerate company founded by Ardeshir Godrej and his brother Pirojsa Burjorji Godrej in 1897.

This family has the most valuable assets in Vikhroli Mumbai with the 3,500-acre estate, it is said if developed properly this estate will be valued at $ 13B. This family-led company is 120 years old.

Checklist:-

  • Age = NA
  • Country = India
  • Source of wealth = Godrej Group
  • Children and spouse = Burjor, Naval, Sohrab.

Dilip Sanghvi

Dilip Sanghvi

Founder of sun pharmaceuticals,  Dilip Sanghvi is one of the richest person in India with a net worth of $ 12.6B. He started helping his father in selling wholesale generic drugs in Kolkata. There on, he thought of manufacturing and selling his own medicines and he stepped in the field of pharmaceuticals and founded Sun pharmaceuticals Industries and also became the Richest person in India, beating Mukesh Ambani and breaking his record of being richest for decades but could only sustain for few days at the top.

Checklist :- 

  • Age = 63
  • Country = India
  • Source of wealth = Sun pharmaceutical Industries.
  • Children and spouse = 2 with wife Vibha Sanghvi.

Kumar Mangalam Birla

Kumar  M Birla - richest persons

With a net worth of $12.5B chairman of Aditya Birla Group, Kumar Birla is ranking on the ninth position on this table of the richest person in India. Birla group is one of the largest conglomerates in India.  Birla took over the charge of the Birla group after the death of his father Aditya Vikram Birla in 1995. He took the company to greater heights thereon.

Checklists:-

  • Age = 52
  • Country = India
  • Source of income = Aditya Birla Group and Vodafone Idea Group
  • Children and spouse = 3 with wife Neerja Birla.

Gautam Adani:-

Gautam Adani

Gautam Adani is the 10th richest person in India with a net worth of $ 11.9B. He is the founder of Adani Group, conglomerate companies based in Ahmedabad, Gujarat India, holding a 68% stake in Adani Ports and SEZ limited was even ranked the fourth most powerful person in India by India Today.

Checklists:

  • Age = 56
  • Country = India
  • Source of income = Adani Ports, groups and SEZ  LTD.
  • Children and spouse = 2 with wife Priti Adani.

Also, read the top millionaire quotes which will inspire you and help you with your decision making.

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