These are the 10 richest people in India

Reuters/Amit Dave

• CEOWORLD Magazine recently published its "India Rich List for 2018," which ranks the wealthiest individuals in the world's fastest-growing economy.
• The majority of top 10 are self-made billionaires who built empires in software services, pharmaceuticals, and finance. A few of them inherited stakes in their families' companies.
• Mukesh Ambani, Chairman of Reliance Industries tops the list with a net worth of $47.8 billion.

Thanks to India's booming economy, the fastest-growing major economy in the world, there has been a meteoric rise in the wealth of the country's elites and business owners. Once dominated by prominent business families like the Tatas, Birlas, or Ambanis, there has been a dramatic increase in the number of self-made billionaires.

CEOWORLD magazine recently published its "India Rich List for 2018," which is made up mostly of self-made billionaires who have built empires in software services, pharmaceuticals, finance, metals, and energy.

With a wealth of $47.8 billion, Mukesh Ambani, the chairman of Reliance Industries, has cemented his position as being India's richest person.

Take a look at who else made it into the top 10 spots this year: