- Most of India’s richest billionaires lost money in 2019, according to Forbes.
- But Mumbai-based businessman Mukesh Ambani remained the richest person in India in 2019 for the 12th year in a row, with a net worth of $58.4 billion at the end of the year, according to Forbes’ Real Time Billionaires ranking.
- India’s richest people also include software billionaire Shiv Nadar, infrastructure tycoon Gautam Adani, and steel baron Lakshmi Mittal.
- The 15 richest people in India are worth a combined $197.8 billion.
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Most of India’s richest people lost money in 2019, according to Forbes.
But one person has remained firmly at the top of the list of the country’s billionaires — and grown exponentially wealthier.
For the 12th year in a row, Mukesh Ambani, the head of oil-gas-telecom conglomerate Reliance Industries, remained the richest person in India with an estimated net worth of $58.4 billion. He’s more than $43 billion richer than the second-richest person, having added more than $12 billion to his fortune in 2019 alone.
India’s richest 15 people, which include Ambani, pharmaceuticals billionaires, and infrastructure tycoons, are worth a combined $197.8 billion.
Here are the 15 richest people in India right now, ranked. All net worths are sourced from Forbes.
15. Kushal Pal Singh
Net worth: $6.2 billion
Age: 88
Source of wealth: real estate
14. Benu Gopal Bangur
Net worth: $6.5 billion
Age: 88
Source of wealth: cement
13. Savitri Jindal
Net worth: $6.6 billion
Age: 69
Source of wealth: steel
12. Nusli Wadia
Net worth: $7 billion
Age: 75
Source of wealth: consumer goods
11. Azim Premji
Net worth: $7.2 billion
Age: 74
Source of wealth: software services
10. Dilip Shanghvi
Net worth: $7.6 billion
Age: 64
Source of wealth: pharmaceuticals
9. Cyrus Poonawalla
Net worth: $9.2 billion
Age: 78
Source of wealth: vaccines
8. Sunil Mittal
Net worth: $9.7 billion
Age: 62
Source of wealth: telecom
7. Kumar Birla
Net worth: $10 billion
Age: 52
Source of wealth: commodities
6. Lakshmi Mittal
Net worth: $12 billion
Age: 69
Source of wealth: steel
5. Gautam Adani
Net worth: $13.3 billion
Age: 57
Source of wealth: commodities, infrastructure
4. Radhakishan Damani
Net worth: $13.8 billion
Age: 64
Source of wealth: investments, retail
3. Uday Kotak
Net worth: $15 billion
Age: 60
Source of wealth: banking
2. Shiv Nadar
Net worth: $15.3 billion
Age: 74
Source of wealth: software services
1. Mukesh Ambani
Net worth: $58.4 billion
Age: 62
Source of wealth: petrochemicals, oil and gas, telecom