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Top 10 Richest People in India: Richest man India 2020

richest man in india 2020

According to Forbes magazine, the business magazine that produces an annual list of the richest billionaires worldwide every year has published its latest list for the year 2019. The magazine has taken into account 2,208 billionaires from all over the world to come out with this list. Out of these 2,208 billionaires, there are 121 Indian billionaires,19 more than last year, making them the third-largest group of the richest people after those from the US and China.

It is often said that money cannot buy happiness. However, with an increasing inclination of the youth towards high-income jobs, the trend seems to be reversing. After all, money is, in fact, a major determinant of personal happiness. Here’s a look at a list of the top 10 Indians who managed to obtain such materialistic joy.

These Are The Top 10 Richest persons in India 2020


1. Mukesh Ambani

The Chairman of Reliance Industries, Mukesh Ambani has grown richer by $16.9 billion in 2018 with a net worth of $40.1 billion, according to Forbes magazine. In 2017, he was on the 33rd position in the magazine’s list with a net worth of $23.2 billion. Ambani climbed up to the 19th global rank on the Forbes’ list of 2,208 billionaires worldwide this year.

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Mukesh Ambani is the richest man in India 2020

2. Azim Premji

Azim Premji, the chairman of Wipro Limited, has occupied the second spot in the list of the richest Indians in 2018 outperforming Lakshmi Mittal, the global steel magnate. He has climbed to 58th global rank with a net worth $18.8 billion in 2018 from the 72nd rank with a net worth $14.9 billion in 2017.

Azim Premji is the second richest man in India 2020, one of the Top 10 Richest People in India 2020

3. Lakshmi Mittal

Lakshmi Mittal, the chairman and CEO of ArcelorMittal, the global steelmaker, stands on the third position in the Forbes’ list amongst the Indian billionaires with a net worth $18.5 billion in 2018. His net worth was $16.4 billion in 2017. He came down to the 62nd rank on the global list this year as compared to the 56th rank last time.

4. Shiv Nadar

Shiv Nadar, is the famous Indian IT pioneer and co-founder of HCL, which is one of India’s leading software services providing companies. He occupies the fourth position in the Forbes’ Indian billionaires list 2018 with a net worth is $14.6 billion and is placed on the 98th rank worldwide.

5. Dilip Shanghai

Dilip Shanghai is the co-founder of Sun Pharmaceuticals, which is India’s most trusted pharmaceutical company. He ranks next to Shiv Nadar as the fifth richest Indian with a net worth $12.8 billion this year. He also occupies the 115th spot in the 2018 global billionaires list of Forbes.

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6. Kumar Mangalam Birla

Kumar Mangalam Birla, is the chairman of the Aditya Birla Group who made it to the Forbes’ billionaires list in 2018. He became the sixth richest Indian with a net worth $11.8 billion and is ranked 127th globally according to the Forbes’ list.

7. Uday Kotak

Uday Kotak, is the Managing Director of Kotak-Mahindra Bank which is one of the leading private sector banks in India. He stands on the seventh position in the Forbes’ list of richest Indian billionaires 2018 with a net worth $10.7 billion. He is also ranked 143rd in the Forbes’ global list of billionaires this year.

8. Radhakishan Damani

Radhakishan Damani is a veteran investor, who owns the supermarket chain D-Mart. He stood on the 12th rank among the richest Indian business personalities in the 2017 Forbes list with a net worth $9.3 billion. According to the latest Forbes list, he stands at number 8 with the net worth $10 billion among the richest Indian personalities of 2018 and occupies 151st position in the Forbes global list of 2,208 billionaires worldwide.

9. Gautam Adani

Gautam Adani, the ports tycoon and the founder of Adani Group, is in the ninth position in the Forbes list of richest Indians 2018. His net worth is pegged at $9.7 billion and occupies 154th position in the Forbes global list of 2018.

10. Cyrus S. Poonawala

Cyrus S. Poonawala, is the founder of Serum Institute of India Pvt. Ltd., which is the world’s largest producer of vaccines in the world. He is placed in the 10th position with a net worth $9.1 billion among the richest Indians. He is also ranked 170th in the global list of the magazine.

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That is the compiled list of the Top 10 Richest Persons in India 2020

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