Top 10 Richest Person in india in 2023

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Top 10 Richest Person in india in 2023

India is home to some of the wealthiest people in the world, and their fortunes have grown significantly in recent years. The following is a list of the top 10 richest person in India in 2023, as of 6 July 2023, according to Forbes.

Let’s drive in and explore the list of Top 10 Richest Person in india in 2023.

1. Mukesh Ambani

Net Worth: $92.6 Billion

Source of Wealth: Reliance Industries Ltd

Mukesh Ambani, the chairman and managing director of Reliance Industries, is India’s richest person with a net worth of $92.6 billion as of 6 July 2023. Under his leadership, Reliance Industries has become a major conglomerate in sectors like oil and gas, retail, and telecommunications.

Ambani is also known for his philanthropy and has made significant contributions to education, healthcare, and disaster relief. His notable achievements include the launch of Reliance Jio, a transformative 4G telecom network, and the construction of Antilia, the world’s tallest residential building. Ambani’s success story serves as an inspiration to aspiring entrepreneurs and showcases the potential for innovation and social impact.

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2. Gautam Adani

Net Worth: $51.6 Billion

Source of Wealth: Adani Group

Gautam Adani, the chairman and founder of the Adani Group, holds the distinction of being the second richest person in India, with a net worth of $51.6 billion as of 6 July 2023. His entrepreneurial journey began in the 1980s, trading commodities before venturing into infrastructure projects.

Under his leadership, the Adani Group has grown into a major conglomerate with interests in ports, energy, and infrastructure. Adani’s remarkable achievements include the development of Mundra Port, the largest private port in India, and the establishment of Adani Green Energy, a leading renewable energy company. His success story serves as an inspiration to aspiring entrepreneurs worldwide.

3. Cyrus Poonawalla

Net Worth: $27.4 Billion

Source of Wealth: Serum Institute of India

Top 10 Richest Person in india in 2023

Cyrus Poonawalla, the chairman of the Serum Institute of India, holds the distinction of being the one of the richest person in India, with a net worth of $27.4 billion as of 6 July 2023. As the world’s largest vaccine manufacturer, the Serum Institute has achieved remarkable success under Poonawalla’s leadership. Producing over 1.5 billion vaccine doses annually, their impact spans across 170 countries.

Poonawalla’s visionary approach has positioned India as a key player in the global vaccine industry. His philanthropic endeavors, including the establishment of the Poonawalla Foundation, reflect his commitment to education and healthcare. Poonawalla serves as an inspiration, showcasing excellence in business, philanthropy, and visionary leadership.

4. Shiv Nadar

Net Worth: $27.1 Billion

Source of Wealth: HCL Enterprise

Shiv Nadar, the co-founder and chairman of HCL Technologies, holds the distinction of being the fourth richest person in India, with a net worth of $27.1 billion as of 6 July 2023. Under his leadership, HCL Technologies has emerged as one of India’s largest IT service and consulting companies, offering a range of services to global clients.

Nadar’s visionary approach and entrepreneurial acumen have been instrumental in transforming the Indian IT industry. Apart from his business success, he is actively involved in philanthropy through the Shiv Nadar Foundation, focusing on education and healthcare initiatives. Shiv Nadar is a true inspiration as a successful businessman, philanthropist, and visionary leader.

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5. Savitri Jindal & family

Net Worth: $19.8 Billion

Source of Wealth: O.P. Jindal Group

Savitri Jindal, the widow of Om Prakash Jindal and chairperson of the Jindal Group, stands as India’s richest woman with a net worth of $19.8 billion as of 6 July 2023. She also holds 5th position in the list of top 10 richest person in India in 2023. Together with her late husband, she played a pivotal role in building the Jindal Group into one of India’s largest conglomerates. Following his passing, Jindal assumed leadership, expanding the company’s businesses and venturing into renewable energy.

She is a strong advocate for women’s empowerment and has initiated programs supporting women entrepreneurs. As a philanthropist, Jindal has made significant donations to education, healthcare, and other causes. Her achievements inspire many, showcasing her success as a businesswoman, champion of women, and dedicated philanthropist.

6. Dilip Shanghvi

Net Worth: $17.2 Billion

Source of Wealth: Sun Pharmaceuticals

Dilip Shanghvi, the chairman and managing director of Sun Pharmaceutical Industries, ranks as the 6th richest individual in the list of top 10 richest person in India in 2023, with a net worth of $17.2 billion as of 6 July 2023. Born in 1955 in Gujarat, Shanghvi founded Sun Pharmaceutical Industries with a meager investment in 1982. Under his astute leadership, the company has evolved into one of India’s largest pharmaceutical enterprises, excelling in the production of generic and branded drugs, as well as over-the-counter medications.

Shanghvi’s visionary approach has not only propelled India’s prominence in the global pharmaceutical arena but also facilitated his philanthropic contributions to education and healthcare. His accomplishments include expanding the company’s global presence, acquiring Ranbaxy Laboratories, and establishing the Sun Pharmaceutical Industries Foundation. Dilip Shanghvi’s triumphs as a business leader and his commitment to philanthropy continue to inspire individuals worldwide.

7. Radhakishan Damani

Net Worth: $17.1 Billion

Source of Wealth: Avenue Supermarts Limited

Radhakishan Damani, the founder and chairman of Avenue Supermarts, ranks as the seventh richest person in the list of top 10 richest person in India in 2023, with a net worth of $17.1 billion as of 6 July 2023. Born in 1954 in Mumbai, Damani entered the business world by trading stocks in the early 1980s.

In 1992, he established Avenue Supermarts with a modest investment. Under his leadership, the company has become a prominent player in India’s retail industry, operating popular brands such as D-Mart discount supermarkets, Avenue Food Retail food courts, and Avenue Quick convenience stores. Damani’s visionary approach, coupled with his philanthropic endeavors, solidifies his status as a successful entrepreneur and a respected leader in India’s business landscape.

8. Lakshmi Mittal

Net Worth: $16.2 Billion

Source of Wealth: ArcelorMittal

Lakshmi Mittal, the chairman and CEO of ArcelorMittal, ranks as the 8th richest person in India with a net worth of $16.2 billion as of 6 July 2023. He has transformed ArcelorMittal into the world’s largest steelmaker through strategic acquisitions and expansions. Mittal’s leadership has been instrumental in making India a major player in the global steel industry.

Apart from his business success, Mittal is a notable philanthropist, contributing to causes like education and healthcare. While controversies surround his wealth and influence, Mittal remains respected as a visionary leader who has modernized India’s steel sector and serves as an inspiration to aspiring entrepreneurs.

9. Kumar Birla

Net Worth: $15.2 Billion

Source of Wealth:  Hindalco Industries

Kumar Mangalam Birla, the chairman of the Aditya Birla Group, is a prominent business leader in India. With a net worth of $15.2 billion as of 6 July 2023, he ranks 9th richest individuals in the list of top 10 richest person in India in 2023.

Birla has played a pivotal role in the expansion and success of the Aditya Birla Group, which operates in diverse sectors such as cement, metals, and financial services. Known for his vision and strategic acumen, Birla has also made significant contributions to philanthropy, supporting causes like education and healthcare. With a global influence in industries such as cement and metals, Birla’s impact extends beyond India’s borders.

10. Uday Kotak

Net Worth: $14 Billion

Source of Wealth: Kotak Mahindra Bank

Uday Kotak, the founder and managing director of Kotak Mahindra Bank, is a prominent figure in India’s banking landscape. As of 6 July 2023, he holds the title of the richest banker and 10th richest individuals in the list of top 10 richest person in India in 2023, with a net worth of $14 billion. Kotak’s journey began when he established Kotak Mahindra Finance, which later evolved into one of the country’s largest private banks. With over 1,700 branches and a workforce of over 15,000 employees, Kotak Mahindra Bank stands as a testament to his leadership.

Kotak is renowned for his visionary approach, philanthropic initiatives, and commitment to corporate responsibility. His influence extends beyond the bank, making a substantial impact on India’s financial services industry and contributing significantly to the nation’s economy.

Conclusion:

India’s top 10 richest person in 2023 represent a diverse and dynamic group of entrepreneurs, visionaries, and leaders. Their contributions across various industries have not only catapulted them to immense wealth but have also propelled India’s economy to new heights. As we look to the future, it is evident that these titans of wealth will continue to shape India’s economic landscape, leaving an enduring legacy for generations to come.

In Summary:

Top 10 Richest Person in India in 2023

NameCompanyNet Worth
#1 Mukesh AmbaniReliance Industries Ltd$92.6 Billion
#2 Gautam AdaniAdani group$51.6 Billion
#3 Cyrus PoonawallaSerum Institute of India$27.4 Billion
#4 Shiv NadarHCL Enterprise$27.1 Billion
#5 Savitri Jindal & FamilyO.P. Jindal Group$19.8 Billion
#6 Dilip ShanghviSun Pharmaceuticals$17.2 Billion
#7 Radhakishan DamaniAvenue Supermarts Limited$17.1 Billion
#8 Lakshmi MittalArcelorMittal$16.2 Billion
#9 Kumar BirlaHindalco Industries$15.2 Billion
#10 Uday KotakKotak Mahindra Bank$14 Billion

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