Top 10 Richest People in India: The Billionaire Giants of 2024

India’s rapid economic growth has made many people rich. In 2024, a lot of Indians became billionaires. Mukesh Ambani, Gautam Adani, and Shiv Nadar are among the richest. This blog talks about the top 10 richest people in India and how they made their money in different industries. These successful entrepreneurs, from tech to industry leaders, have not only changed their fields but also helped India grow economically around the world. Their stories show how India is progressing and becoming a global financial success.

Top 10 Richest People in India

Rank	Name	Net Worth (USD)	Company/Group	Wealth Change
1	Mukesh Ambani	$119.5 billion	Reliance Industries	Increase
2	Gautam Adani	$116 billion	Adani Enterprises	Increase
3	Savitri Jindal	$43.7 billion	O.P. Jindal Group	Increase
4	Shiv Nadar	$40.2 billion	HCL Technologies	Increase
5	Dilip Shanghvi	$32.4 billion	Sun Pharmaceutical Industries	Increase
6	Radhakishan Damani	$31.5 billion	Avenue Supermarts	Increase
7	Sunil Mittal	$30.7 billion	Bharti Airtel	Increase
8	Kumar Birla	$24.8 billion	Aditya Birla Group	Increase
9	Cyrus Poonawalla	$24.5 billion	Serum Institute of India	Increase
10	Bajaj Family	$23.4 billion	Bajaj Auto	Increase

1. Mukesh Ambani

Age: 67 Years
Source of Wealth: Reliance Industries Ltd

Mukesh Ambani holds the title of Top 10 Richest people in India with an estimated net worth of  $119.5 billion as of November 2024. He was the chairperson and managing director at Reliance Industries Limited (RIL),  covering various industries like petrochemicals, telecommunications, and retail stores under the conglomerate. His business mindset and strategic plans have earned him the dominant position in various competitive industrial sectors. His wealth also cements his importance to the Indian economy while he is also acknowledged for his charitable work that contributes towards social causes.

He took part in Nvidia AI Summit 2024 in Mumbai on the date of October 24, interacting with Jensen Huang, CEO of Nvidia. The talks were about India’s capacity to be a leader in AI and the growth of semiconductor technology. The summit spotlighted Reliance company’s attention towards tech creativity and making an AI system that fits India’s requirements.

2. Gautam Adani

Age: 62 Years
Source of Wealth: Adani Group

Gautam Adani founded the Adani Group and became one of the top 10 richest People in India, with an estimated net worth of around $116 billion as of November 2024. His wide-ranging enterprises cover important industries like ports, airports, energy, and mining. Even after facing hurdles such as fraud accusations which led to a decline in his wealth, he displayed tremendous strength of character. He made an astonishing recovery that highlighted the durability needed for success. Gautam Adani’s journey is interconnected with India’s economic growth and its businesses, making him a key figure contributing greatly towards infrastructure development in the country and shaping its business landscape significantly.

Even though some business disputes have impacted his wealth, Adani Enterprises still plans to grow its renewable energy offerings. The company’s goal is to be a worldwide authority in the production of green energy and has substantial proposed investments for wind and solar projects. This shows dedication towards sustainability even while dealing with continuous examination of their business practices.

3. Savitri Jindal & Family

Age: 74 Years
Source of Wealth: OP Jindal Group

Savitri Jindal was born in 1940 and has become one of the top Indian female entrepreneurs with her net worth at $43.7 billion by November 2024. After becoming chairperson emerita for O.P. Following her husband’s death in 2005, she led the company to growth across sectors like steel, power, and infrastructure and saw its revenue quadruple under her guidance. She even joined politics as a minister in the Haryana government while also being seen symbolically standing against women’s empowerment hurdles within India’s business sector which is often dominated by men traditionally.

Recently, the wealthiest woman in India and being one of top 10 richest person in india 2024 secured an Independent MLA seat in Haryana and promised to back BJP. Her political step comes on the heels of her son Naveen Jindal’s transition towards BJP, fortifying the party’s stand within the state assembly. This choice held a significant role in keeping the political balance in that area.

4. Shiv Nadar

Age: 79 Years
Source of Wealth: HCL Enterprise

Another name in the list of India richest man 2024 is Shiv Nadar. Born in 1945, he is a pioneer of India’s technology industry who has also made his mark on the world through philanthropy. As founder of HCL Technologies (originally an IT hardware company), he transformed it into an international enterprise with $40.2 billion in revenue and over 222,000 employees. In terms of wealth, as reported in 2024, Nadar’s net worth is $40.3 Billion, making him the fourth in the list of top 10 Richest People in India.

Beyond just business achievements though, he has gained fame for philanthropic work via the Shiv Nadar Foundation focusing on education and rural development projects. His influence in the technology sector as well as society was recognized when receiving the Padma Bhushan award back in 2008; however, even nowadays continues to guide HCL company serving the role of chairman emeritus strategist advisor aide.

The founder of HCL Technologies continues to grow educational projects through the Shiv Nadar Foundation. He recently announced that he aims to increase digital understanding and abilities among less fortunate young people in India, thus demonstrating his dedication to social accountability and business accomplishment.

5. Dilip Shanghvi

Age: 69 Years
Source of Wealth: Sun Pharmaceuticals

Dilip Shanghvi was born in India back in 1955. He’s a successful businessman who made Sun Pharmaceuticals, now one of the largest pharmaceutical companies based in his home country. His net worth reached around $32.4 billion in November 2024 which makes him one of the top 10 Richest People in India. Dilip Shanghvi took over and expanded Sun Pharma into an international company operating across more than 100 countries globally. He’s honored with prestigious awards such as Padma Shri for his contributions in the field of healthcare services, reflecting on never giving up spirit and constantly seeking innovative ways to ensure accessibility to essential medical solutions everywhere around our world.

The founder of Sun Pharmaceutical Industries is aiming for worldwide growth in 2024. They have announced new partnerships to boost research potential and venture into fresh markets. Their plan emphasizes creating novel drug solutions and boosting visibility in rising markets for continuous expansion.

6. Radhakishan Damani

Age: 69 Years
Source of Wealth: Avenue Supermarts Limited

Radhakishan Damiani, born in the year 1955, is a renowned Indian billionaire businessman and investor who gained fame through shrewd trading practices on India’s stock market. He is one of the best Person in India with a net worth of $31.5 Billion. He established DMart which has now grown to be one of the largest retail chains across the nation with over three hundred stores. His approach revolves around value investing strategies combined with unique approaches in his field, leading him to become widely known as ‘the Retail King’. Despite being wealthy and influential, Damiani maintains a low-key lifestyle and dedicates himself significantly towards philanthropy focusing mainly on educational advancement and healthcare services for the masses.

Recently, 1 lakh shares of VST Industries have been sold for around ₹4.4 crore in a block deal. This sale happened at the same time when there was an increase in the price of VST’s stock because they announced a bonus issue with a ratio of 10:1, showing his strategic way to invest in the market.

7. Sunil Mittal

Age: 66 Years
Source of Wealth: Bharti Airtel

Bharti Enterprises’ founder and chairman, Sunil Mittal, is one of the ten richest people in India. He has a net worth of $30.7 billion in 2024, mostly from Bharti Airtel’s successful stocks. Beginning with a bicycle parts company back in the 1970s, Mittal brought significant change to telecommunication when he established Airtel in 1995 which now provides service for about 400 million customers all over the world.

His business pursuits go further than telecom, reaching into areas like agribusiness, insurance, and real estate through Bharti Enterprises. The creative leadership of Mittal and his emphasis on quality have positioned Airtel as a leader in its industry. Furthermore, his efforts towards enhancing connectivity in India and promoting economic development have garnered him extensive acknowledgment.

In October 2024, Bharti Airtel expanded into digital services and 5G technology. The firm declared new collaborations to boost its digital provisions and spread broadband access throughout India, setting itself as a main figure in the country’s digital evolution.

8. Kumar Birla

Age: 57 Years
Source of Wealth: Aditya Birla Group

Kumar Birla, born in 1967, is a very iconic businessman in India. He is the chairman of Aditya Birla Group, which is one of the biggest business groups in India. As of November 2024, he has a net worth of $24.8 billion and stands 8th in ranks in India. Birla became head of the group when he was 28 years old, growing its yearly earnings from $2 billion to $60 billion. His business includes metals, cement, textiles, telecommunications, and financial services in 36 countries. Birla has clever strategies that have helped his businesses grow worldwide and explore many different areas. He is also famous for helping others through charity work and starting education programs, like when he worked as the chancellor of BITS Pilani. His contributions to industry and society earned him the Padma Bhushan in 2023.

Aditya Birla Group’s diversification into eco-friendly practices is being led by Birla. He has declared steps to diminish carbon emissions all over manufacturing sites. The group strengthens its presence in sectors of green energy, corresponding with worldwide sustainability tendencies and corporate responsibility objectives.

9. Cyrus Poonawalla

Age: 83
Source of Wealth: Serum Institute of India

Cyrus S. Poonawala, born in 1941 and a prominent Indian businessman/philanthropist serves as chairman of Cyrus Poonawalla Group overseeing Serum Institute India – the world’s largest vaccine manufacturer by volume. With an estimated net worth of $24.5 billion, easily places himself in the position of the top 10 Richest People in India. His journey from modest investments has grown into a global healthcare powerhouse extending his business interests to finance, energy, and real estate sectors too. During the COVID-19 pandemic, he was recognized for public health contributions through the Padma Bhushan award, and continues philanthropy work with Villoo Poonawalla Foundation focusing on education sanitation, especially in the healthcare sector.

10. Bajaj Family

Age: NA
Source of Wealth: Bajaj Auto

The Bajaj family, counted amongst the wealthiest families in India with an estimated worth of approximately $23.4 billion by 2024, started their journey back in 1926. They initiated the Bajaj Group which has gained popularity because they manufacture motorcycles and three-wheeled vehicles under the banner of ‘Bajaj Auto’. Apart from this, the production of home appliances and the provision of financial services also fall within their purview.

Rahul Bajaj was in charge of the family enterprise until he died in 2022. Currently, Niraj Bajaj and his relatives manage the firm. After nearly a century of operating, the Bajajs are still among India’s most influential business clans—Forbes ranks them as tenth amongst wealthiest Indian families.

The family, known for their financial contributions via Bajaj Auto and other undertakings, secured the second position on Hurun India’s Most Valuable Family Businesses list in August 2024. This underlines their substantial impact on the corporate scene in India.

Conclusion

The top 10 Richest People in India show the country’s strong economy and entrepreneurial spirit. From Mukesh Ambani’s varied business empire to Lakshmi Mittal’s international steel dominion, these individuals have played a big part in India’s growth story. They reflect how India has transformed into a global economic powerhouse. Many of these billionaires are recognized for their philanthropic work and commitment to social causes, demonstrating harmony between business achievement and societal obligation. As the Indian economy continues to grow stronger, these industry titans remain inspiring role models for future generations aiming high in entrepreneurship.