Mukesh Ambani to Savitri Jindal, India’s richest in 2023 and their wealth change

Dec 21, 2023

By: Sourabh Jain

Mukesh Ambani

Mukesh Ambani, who heads Reliance Industries that has interests spanning energy, telecom, retail and more, is India’s richest person with a net worth of $94.4 billion. In the past year, Ambani’s net worth has increased by $7.26 billion as per the Bloomberg Billionaires Index.

Credit: BCCL

Gautam Adani

Gautam Adani is a close second with a net worth of $81.1 billion, which is down by $39.4 billion year-to-date. Adani, who was earlier on top of the list, witnessed a decline in wealth amid the Hindenburg saga.

Credit: BCCL

Shapoor Mistry

Shapoor Mistry is a distant third, with a net worth of $34.6 billion. Mistry’s net worth has increased by $6.82 billion year-to-date. Mistry controls the Shapoorji Pallonji Group and has a stake in Tata Sons.

Credit: Shapoorji-Pallonji-and-Group

Shiv Nadar

Shiv Nadar is a close fourth, with a net worth of $33.3 billion. His net worth has increased by $8.82 billion in the past year. He is the founder and chairman emeritus of tech giant HCL Technologies.

Credit: BCCL

Azim Premji

Azim Premji, the founder chairman of Wipro is next on the list with a net worth of $24.4 billion. The billionaire has reported an increase of $387 billion in the past one year.

Credit: BCCL

Savitri Jindal

Savitri Jindal, who chairs the Jindal Group is next on the list, with a net worth of $23.9 billion. Her net worth has reported an increase of $8.17 billion year-to-date.

Credit: BCCL

Lakshmi Mittal

Lakshmi Mittal, the chairman of ArcelorMittal is the country’s seventh richest man with a net worth of $20.4 billion. His net worth has increased by $3.01 billion year-to-date.

Credit: BCCL

Dilip Shanghavi

Dilip Shanghvi, the founder of Sun Pharmaceutical Industries is the eighth richest man in India, with a net worth of $20.2 billion. His net worth has increased by $4.68 billion year-to-date.

Credit: BCCL

Radhakishan Damani

Radhakishan Damani, the founder of popular supermarket chain Avenue Supermarts (DMart) is the country’s ninth richest man with a net worth of $19 billion. His net worth has reported a decline of $357 million year-to-date.

Credit: BCCL

Kumar Mangalam Birla

Kumar Mangalam Birla, the chairman of the Aditya Birla Group, is ranked as the 10th richest person in India, with a net worth of $17.4 billion. Birla’s net worth has increased by $6 billion year-to-date.

Credit: BCCL

Foreign portfolio investors turn net sellers in Indian stocks this April