Mukesh Ambani, who has successfully diversified his oil and gas empire into fast-rising sectors such as telecom and retail, reclaimed his spot as Asia’s richest person, with a net worth of $84.5 billion.
The most sought after Forbes Rich list for 2021 is released and the total number of Indian billionaires rose to 140 from 102 last year with their combined wealth nearly doubling to $596 billion. The three richest Indians alone have added just over $100 billion between them, according to Forbes.
Mukesh Ambani, who has successfully diversified his oil and gas empire into fast-rising sectors such as telecom and retail, reclaimed his spot as Asia’s richest person, with a net worth of $84.5 billion. Ambani also ranked Number 10 in the global billionaire list.
The second spot has been taken by infrastructure tycoon Gautam Adani with a $50.5 billion with shares of his companies, including Adani Enterprises and Adani Green Energy, rocketed. Adani, who shares Gujarati roots and a deal-making instinct with Ambani, expanded aggressively into airports, unfazed by the travel slowdown. He also secured France’s Total, his partner in the gas business, to invest in his renewable energy company.
Here are the top 10 richest Indians
1. Mukesh Ambani
Net worth: $84.5 billion
Source of wealth: Diversified
2 Gautam Adani
Net worth: $50.5 billion
Source of wealth: Infrastructure
3 Shiv Nadar
Net worth: $23.5 billion
Source of wealth: Software Services
4 Radhakishan Damani
Net worth: $16.5 billion
Source of wealth: Retail, Investments
5. Uday Kotak
Net worth: $15.9 billion
Source of wealth: Banking
6. Lakshmi Mittal
Net worth: $14.9 billion
Source of wealth: Steel
7. Kumar Birla
Net worth: $12.8 billion
Source of wealth: Commodities
8. Cyrus Poonawalla
Net worth: $12.7 billion
Source of wealth: Vaccines
9. Dilip Shanghvi
Net worth: $10.9 billion
Source of wealth: Pharmaceuticals
10. Sunil Mittal & family
Net worth: $10.5 billion
Source of wealth: Telecom