India is home to a growing number of billionaires, many of whom have built their wealth from scratch through entrepreneurship and business acumen. Here are the top 10 richest self-made Indian billionaires and their estimated net worths as of 2023.
Mukesh Ambani –
$94.5 billion Mukesh Ambani, the chairman of Reliance Industries, is the richest person in India and the tenth richest person in the world. His fortune is primarily derived from his oil and gas conglomerate, which spans a wide range of industries including petrochemicals, refining, and telecommunications.
Shiv Nadar –$32.4 Billion
Shiv Nadar is the founder and chairman of HCL Technologies, a global information technology services company. He is also a philanthropist and has donated generously to education initiatives in India.
Gautam Adani – $29.8 Billion
Gautam Adani is the chairman of the Adani Group, a conglomerate that operates in sectors such as ports, logistics, and renewable energy. His net worth has soared in recent years thanks to the successful IPO of Adani Green Energy.
Radhakishan Damani – $29.1 billion
Radhakishan Damani is the founder of DMart, one of the largest retail chains in India. The company has been expanding rapidly in recent years, with plans to open hundreds of new stores across the country.
Cyrus Poonawalla – $26.8 billion
Cyrus Poonawalla is the founder of Serum Institute of India, the world’s largest vaccine manufacturer by volume. The company has played a crucial role in supplying COVID-19 vaccines to India and other countries around the world.
Lakshmi Mittal – $23.7 billion
Lakshmi Mittal is the chairman and CEO of ArcelorMittal, the world’s largest steel company. He has been credited with transforming the global steel industry through a series of mergers and acquisitions.
Uday Kotak – $21.6 billion
Uday Kotak is the founder and CEO of Kotak Mahindra Bank, one of the largest private sector banks in India. He is also a philanthropist and has donated generously to healthcare initiatives in India.
Pallonji Mistry – $20.3 billion
Pallonji Mistry is the chairman of the Shapoorji Pallonji Group, a conglomerate with interests in construction, real estate, and engineering. He is also the largest shareholder in Tata Sons, the holding company of the Tata Group.
Savitri Jindal – $18.2 billion
Savitri Jindal is the chairperson of the OP Jindal Group, a conglomerate with interests in steel, power, and mining. She is also a politician and has served as a member of the Haryana Legislative Assembly.
Benu Gopal Bangur – $16.7 billion
Benu Gopal Bangur is the chairman of the Shree Cement Group, one of the largest cement manufacturers in India. The company has been expanding rapidly in recent years, with plans to increase its production capacity to meet growing demand.
These self-made Indian billionaires have built their fortunes through hard work, perseverance, and innovative thinking. Their stories serve as an inspiration to aspiring entrepreneurs and business leaders in India and around the world.