The Forbes List of the richest individuals in India is out and the results are a mixed bag of surprises and expected names. This year’s 100 richest individuals in the country added a whopping $257billion to their cumulative wealth.
With Anil Ambani being declared as the richest Indian for the 14th year in a row followed by Gautam Adani clinching the second spot, Savitri Jindal making a comeback in the top 10, 6 new entrants to the top 100 and 11 individuals being dropped off the list due to a decrease in their wealth, lets take a look at the top 10 richest Indians this year.
The top spot is retained by the indomitable Mukesh Ambani with a net worth of $92.7 billion. The second year of the pandemic saw the tycoon add $4 billion to his worth. The multi-business magnate has been the richest Indian since the year 2008
The top gainer in absolute terms with $49.6 billion added to his wealth, Gautam Adani comes second on the Forbes List 2021. He tripled his wealth last year to $74.8 billion, narrowing the gap between him and Mukesh Ambani by less than $18 billion.
With the technological sector booming exponentially since the pandemic, HCL technologies’ Shiv Nadar retained his third richest position in the country with $31 billion.
Doubling his income to $29.4 billion in 2021, Avenue Supermarts’ Radhakrishna Damani is India’s fourth richest individual. He opened 22 new stores in the fiscal year ending March 2021.
Serum Institute of India’s Cyrus Poonawalla came in fifth with a net worth of $19 billion. The pandemic and the subsequent need for vaccination Covishield, made by his company, made him the most sought-after person this year.
ArcelorMittal’s L.N. Mittal amassed a fortune of $18.8 billion in the last year and that moved him four spots up on the list.
Steel, Power, Cement and Infrastructure giant O.P. Jindal Group’s matriarchal chairperson Savitri Jindal has made a comeback this year in the top 10 richest list. Her net worth more than doubled last year to $18 billion.
With a net worth increase of $5.2 billion, Managing Director of Kotak Mahindra Bank, Uday Kotak comes in eighth on the Forbes top Ten list. The 62-year old’s net worth now stands at $16.5 billion.
Indian born Irish construction magnate and chairman of Shapoorji Pallonji Group, 92-year-old Pallonji Mistry’s net worth of $16.4 billion put him on the ninth spot on the list this year.
From being 14th on the list in 2020, Kumar Birla has entered the top 10 club with net worth of $15,8 billion this year, $7.3 billion more than what it was last year.