India suffered an economic recession and a brutal wave of the Coronavirus, and millions of citizens suffered from poverty. But just as in all countries, there are also many rich people in India. The country’s richest people are getting wealthier and more influential, with their combined fortunes rising to tens of billions of dollars.
Forbes, The richest person in India 2021, is out, and Reliance Industries MD and Chairman Mukesh Ambani have retained the top position again. Ambani remains the wealthiest Indian for the 14th year in a row since 2008. Adding $4 billion to his net worth in 2021. Gautam Adani, the founder of Adani Group, is now a close second with a $74.8 billion fortune, only $17.9 billion shies of Ambani.
The richest person in India 2021
10. Kumar Birla (Net worth: $15.8 Billion)
Kumar Birla is the fourth generation head of the family business group. Birla inherited the family empire at age 28 when his father, Aditya Birla, died in 1995. The group’s interests span cement and aluminum to telecom and financial services. Kumar Birla is Net worth $15.8 Billion.
NET WORTH: $15.8B
SOURCE OF WEALTH: commodities
9. Pallonji Mistry (Net worth: $16.4 Billion)
Reclusive tycoon Pallonji Mistry controls Mumbai-headquartered engineering and construction. He owns the S.P. Group, run by Mistry’s older son Shapoor, and Eureka Forbes, the country’s leading brand of water purifiers. Pallonji Mistry is Net worth $16.4 Billion.
NET WORTH: $16.4B
SOURCE OF WEALTH: construction
8. Uday Kotak (Net worth: $16.5 Billion)
Uday Kotak started a finance firm in 1985 then went on converting it into a bank in 2003. His Kotak Mahindra Bank is now among India’s top four banks in the private sector. Uday Kotak’s net worth is $16.5 Billion.
NET WORTH: $16.5B
SOURCE OF WEALTH: banking, Self Made
7. Savitri Jindal & family (Net worth: $18 Billion)
Jindal Group, whose interests include steel, power, cement and infrastructure, is chaired by Savitri Jindal, widow Om Prakash Jindal. In 2005, the group’s companies were divided among his four sons, who now run independently. Savitri Jindal’s net worth is $18 Billion.
NET WORTH: $18B
SOURCE OF WEALTH: steel
6. Lakshmi Mittal (Net worth: $18.8 Billion)
Lakshmi Mittal serves as chairman of ArcelorMittal, the world’s largest steel and mining company by output. He separated from his siblings to start Mittal Steel, then merged with France’s Arcelor in 2006. Lakshmi Mittal’s net worth is $18.8 Billion.
NET WORTH: $18.8B
SOURCE OF WEALTH: steel
5. Cyrus Poonawalla (Net worth: $19 Billion)
He is a son of a horse breeder, Cyrus Poonawalla founded the Serum Institute of India in 1966 and built it into the world’s largest vaccine maker (by doses). Serum produces over $1.5 billion amounts annually of a range of vaccines, including measles, polio and flu. Cyrus Poonawalla’s net worth is $19 Billion.
NET WORTH: $19B
SOURCE OF WEALTH: vaccines
4. Radhakishan Damani & family (Net worth: $29.4 Billion)
Veteran Mumbai investor Radhakishan Damani became India’s retail king. Damani also holds stakes in various companies, from tobacco firm VST Industries to cement producer India Cements. Radhakishan Damani’s net worth is $29.4 Billion.
NET WORTH: $29.4B
SOURCE OF WEALTH: retail, investments, Self Made
3. Shiv Nadar (Net Worth: $31 Billion)
Indian I.T. pioneer Shiv Nadar cofounded HCL in a garage in 1976 to make calculators and microprocessors.HCL Technologies is among India’s largest software services providers. Shiv Nadar’s net Worth is $31 Billion.
NET WORTH: $31B
SOURCE OF WEALTH: software services, Self Made
2. Gautam Adani & family (Net Worth: $74.8 Billion)
Infrastructure tycoon Gautam Adani controls Mundra Port in his home state of Gujarat. Adani Group’s interests include power generation and transmission, edible oil, real estate and defence. Gautam Adani’s net Worth is $74.8 Billion.
NET WORTH: $74.8B
SOURCE OF WEALTH: commodities, infrastructure, Self Made
1. Mukesh Ambani ( Net worth: $99.9 Billion)
Mukesh Ambani chairs and runs Reliance Industries, interested in petrochemicals, oil and gas, telecom and retail. During the Covid-19 lockdown, Ambani raised more than $20 billion, selling a third of Jio to a string of investors, such as Facebook and Google. As a result, Amani will be the richest person in India 2021. Mukesh Ambani’s net worth is $99.9 Billion.
NET WORTH: $99.9B
SOURCE OF WEALTH: diversified