Chairman of Reliance Industries Ltd., Mukesh Ambani, once again secured the first spot on the Forbes 10 richest Indian billionaires 2021 list. Meanwhile, Adani Group Chairman Gautam Adani is in second place.
With a net worth of $ 84.5 billion, the chairman and managing director of the oil-to-telecom conglomerate topped the Forbes list of India’s richest billionaires while Adani was ranked second with a fortune of $ 50.5 billion.
The unprecedented surge in the wealth of billionaires comes amid a rapid rise in the stock market even as Covid-19 cases continue to rise across the country. The benchmark Sensex has surged 75% in the past year alone.
According to Forbes, the number of billionaires increased to 140 from 102 last year, and their collective wealth double to $ 596 billion during the last year. The top three richest Indians collectively added $ 100 billion in the pandemic year, it added.
Here’s the list of India’s top Ten richest people:
• Mukesh Ambani
Net Worth: $ 84.5 billion
Source of wealth: Diversified
• Gautam Adani
Net Worth: $ 50.5 billion
Source of wealth: Infrastructure
• Shiv Nadar
Net Worth: $ 23.5 billion
Source of wealth: Software Services
• Radhakishnan Damani
Net Worth: $ 16.5 billion
Source of wealth: Investments, Retail
• Uday Kodak
Net Worth: $ 15.9 billion
Source of wealth: Banking
• Lakshmi Mittal
Net Worth: $ 14.9 billion
Source of wealth: Steel
• Kumar Birla
Net Worth: $ 12.8 billion
Source of wealth: Commodities
• Cyrus Poonawalla
Net Worth: $ 12.7 billion
Source of wealth: Vaccines
• Dilip Shanghvi
Net Worth: $ 10.9 billion
Source of wealth: Pharmaceuticals
• Sunil Mittal & Family
Net Worth: $ 10.5 billion
Source of wealth: Telecom
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