India has produced many billionaires, with many even ranked as the most wealthy on the planet. Coming from various industries, Indian billionaires have helped to build India’s economy significantly. The amount of money earned will fluctuate due to the fluctuating market conditions, particularly since most billionaires are invested in publicly traded stocks. This is the most recent ranking of the 10 most wealthy people in India in 2022, according to Forbes ‘The World’s Most Real-Time Billionaires 2022’.
Below is a list of the 10 richest Indians according to Forbes 2022: Forbes 2022 list:
Gautam Adani (net value of $150 billion)
Adani Group Chairman Gautam Adani is worth approximately 1,211,460.11 crores. As per Forbes, Adani had tripled his net worth last year. And in the past year, he became the richest Indian at the time for only the second time. With the $75.2 billion increase in wealth one the year that ended, Adani ranks as the top individual wealth creator in both absolute and percentage terms.
Mukesh Ambani (net valued at $88 billion)
RIL President and MD Mukesh Ambani’s net worth sits at 710,723.26 million. In dollars, his wealth is at $88 billion. This is lower by 5 percent compared to last year.
Radhakishan Damani (net value of $27.6 billion)
Radhakishan Damani runs the DMart chain of grocery stores. Based on Forbes’s information, he owns a net worth of 222,908.66 crores. The year 2002 was the time Damani started his business in the field of retail with just one store, and today, there are 271 DMart stores across India. Damani broke into the top 3 for the first time, but his wealth decreased by 6% to $27.6 billion.
Cyrus Poonawalla (net worth $21.5 billion)
Cyrus Poonawalla is the chairman of the World’s biggest producer of vaccines, the Serum Institute of India (SII). The net worth of his company is the sum of 173,642.62 million. SII has multiple alliances in the manufacture of COVID-19 vaccines. Cyrus’s holdings also include Stud farms. The fourth-ranked man on the list, with an estimated wealth in the region of $21.5 billion.
Shiv Nadar (net value of $21.4 billion)
Shiv Nadar is chairman emeritus at HCL Technologies and has a net worth of 172,834.97 crores. Nadar is considered one of the founders of the Indian technology sector. He has given $662 million for education-related causes, a record for the year. The net worth of his estate saw an increase of $9.6 billion drop, which is the most significant decline in net worth in absolute terms. Despite his decline, Nadar remains in his spot in the Top 10.
Lakshmi Mittal
Net value: $17.9 Billion
Wealth-generating source: Steel
City: London
A rise in the price of Steel increased the net worth of the chief executive officer of ArcelorMittal, which is who is the $76.6 billion (revenue) steel titan. ArcelorMittal reported a net profit of $15 billion by 2021 compared to an operating loss of $733 million the prior year.
Savitri Jindal
Net value: $17.7 Billion
The source of wealth is Steel.
City: Hisar
Jindal Chairperson Emeritus for The O.P.Jindal group, which is a steel and power conglomerate that was named after her husband, who died in the past, was a beneficiary of the rising share prices of its group firms JSW Steel and JSW Energy JSW Energy, which have increased more than fourfold from the beginning of last year. JSW Steel and JSW Energy are run by her son in Mumbai, Sajjan Jindal.
Kumar Birla
Net value: $16.5 Billion
The source of wealth Commodities
City: Mumbai
Birla was chairman of his $45 billion (revenue) Aditya Birla Group, a massive conglomerate named after his late father in 1995. The year before, Birla stepped down as chair of the loss-making, debt-ridden telecom giant Vodafone Idea, formed by the merger of his Idea Cellular and Vodafone Group and reportedly offering the surrender of his stake in the company to the government. The retail arm of his company recently acquired Reebok’s India operation.
Pallonji Mistry
The Shapoorji Pallonji Group is 10th in India’s top ten richest people and also controls the construction giant with its headquarters in Mumbai. He is the 9th richest man in India and the 125th most wealthy individual in the World and has an estimated net worth of US $15.7 billion. SPG is a well-diversified group. SPG company is one of the most diverse groups, with 18 large businesses under its banner.
Uday Kotak
Uday Kotak, the chairman of Kotak Mahindra Bank, is executive vice president and managing director at Kotak Mahindra Bank, whose net value exceeds US $14.3 billion. He is the 129th most wealthy individual on the planet and the 10th most wealthy Indian. Following the purchase of ING Bank’s Indian operations in 2014, Kotak Mahindra Bank now ranks in India’s top four public sector banks. Following the launch of their online banking app (including accounts with zero balances) in March, the Kotak Mahindra Bank’s client base has grown to 16. million.