Top 10 Richest People in India [September 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

1. Mukesh Ambani

Mukesh Ambani holds the title of richest people in India with an estimated net worth of  $116.6 billion as of July 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.

2. Gautam Adani

Gautam Adani founded the Adani Group and became one of the top 10 richest People in India, with an estimated net worth of around $82.6 billion as of July 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.

3. Savitri Jindal & Family

Savitri Jindal was born in 1940 and has become one of the top Indian female entrepreneurs with her net worth at $39.3 billion by July 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.

4. Shiv Nadar

Born in 1945, Shiv Nadar 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 $11.8 billion in revenue and over 222,000 employees. In terms of wealth, as reported in 2024, Nadar’s net worth is $35.6 Billion, making him the third 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.

5. Dilip Shanghvi

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 $26.7 billion in July 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.

6. Cyrus Poonawalla

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 $22.2 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.

7. Kumar Birla

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 July 2024, he has a net worth of $23.5 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.

8. Radhakishan Damani

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 $22.7 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.

9. Kushal Pal Singh

Kushal Pal Singh is known for leading DLF Limited, the largest property development company in India, he became a significant figure in real estate due to strategic leadership transforming Gurgaon into an essential business hub. With wealth exceeding $18.4 billion by July of 2024 and recognition as one of the seven richest Indians then, he also innovated with earthquake-resistant structures setting industry standards followed later on. His journey began from humble farmland workings to building a global real estate empire recognized through philanthropic efforts including Padma Bhushan Award – making him an influential entrepreneur in India today.

10. Ravi Jaipuria

Ravi Jaipuria is an Prominent entrepreneur from India, with a wealth of $18.0 billion. He is chairman of RJ Corp. Important businesses of Jaipuria involve Varun Beverages, which is among the biggest bottlers for PepsiCo outside America, and Devyani International that runs franchises such as KFC and Pizza Hut in India. He has been successful due to his ability to foresee future needs in the marketplace, make clever changes or additions to business activities and take advantage of good chances when they arise.

Praised for his keen business sense, Jaipuria has been honored with awards like PepsiCo’s International Bottler of the Year 2022. His path from being an entrepreneur to becoming a billionaire underlines the strength that comes from inventive thoughts and measured risks.

More than just a successful businessman, Jaipuria has shown his dedication to philanthropy by establishing schools and helping countless students get an education, positioning him well in ranks of top 10 richest people in India. This story shows how his vision helped form an empire in the beverage industry while also making a difference in many lives. It’s a reminder that leadership with purpose can create significant positive change for both business and society.

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.