New Delhi: The Forbes India Rich List 2025 is out, and the ranking revealed a broader downturn among India’s wealthiest, with the total wealth of the top 100 falling by 9% to $1 trillion.

Well leading the list is none other than Mukesh Ambani, who holds the top position.

Reliance Industries Chairman Mukesh Ambani has once again claimed the top spot on the Forbes India Rich List 2025, with a net worth of $105 billion.

Meet the top 10 wealthiest Indians:

1 . Mukesh Ambani -$105 B - Diversified

Despite a 12% dip from last year, Mukesh Ambani remains India’s only “centibillionaire,” underscoring his enduring dominance in the country’s business landscape.

Ambani, chairman and managing director of Reliance Industries, saw his fortune shrink by $14.5 billion due to a weaker rupee and a 3% decline in the Sensex.  Nevertheless, his diversified empire—from oil and telecom to retail and digital services—continues to thrive. He recently ventured into artificial intelligence with the launch of Reliance Intelligence and announced plans to list telecom arm Jio in 2026.

 

2. Gautam Adani & family- $92 B- Diversified

Infrastructure magnate Gautam Adani retained the second position with a net worth of $92 billion. His wealth stabilised following a clean chit from India’s securities regulator regarding allegations made by U.S. short seller Hindenburg Research in 2023. 

The Adani Group spans critical sectors including: Renewable energy, Ports and logistics, Airports, Power generation, Data centers. The group’s stock stabilized post-regulatory relief, helping Adani maintain his billionaire status and investor confidence.

 

3. Savitri Jindal & family-$40.2 B-Metals & Mining

Savitri Jindal of the OP Jindal Group held on to the third spot with $40.2 billion, maintaining her status as India’s richest woman.

The group was founded by her late husband, Om Prakash Jindal, and is now managed by her four sons—Naveen, Sajjan, Ratan, and Prithviraj Jindal—each heading different verticals of the business.

Major companies under the group include JSW Steel, Jindal Steel & Power, and Jindal Saw, which are among India’s leading producers of steel and energy.

 

4 . Sunil Mittal & family-$34.2 B- Telecom

Telecom tycoon Sunil Mittal emerged as the biggest gainer, adding $3.5 billion to reach $34.2 billion and reclaiming the fourth position.

Sunil Mittal, the founder and chairman of Bharti Enterprises, which includes Bharti Airtel, one of the world’s largest telecom operators.

Airtel serves over 500 million customers across 18 countries in Asia and Africa, offering mobile, broadband, and digital TV services.

The group also has interests in real estate, insurance, food processing, and education, making it one of India’s most diversified business houses.

The rise is attributed to strong performance in Airtel’s mobile and 5G services, as well as strategic investments in digital infrastructure and fintech.

 

5. Shiv Nadar-$33.2 B- Technology

Tech pioneer Shiv Nadar slipped to fifth with $33.2 billion.

Shiv Nadar, founder and chairman of HCL Technologies, and is chairman of the Shiv Nadar Foundation. Nadar founded HCL in 1976 and transformed the IT hardware company into an IT enterprise over the next three decades. In 2008, Nadar was awarded the Padma Bhushan for his efforts in the IT industry.

 

6. Radhakishan Damani & family- $28.2 B- Fashion & Retail

In the sixth position, it’s Damani, the founder of Avenue Supermarts, operates over 430 DMart stores across India.  Known for his frugal business style and customer-first approach, DMart has become one of India’s most trusted retail chains. His success in retail is backed by decades of experience as a stock market investor, earning him the nickname “The Phantom of Dalal Street.”

7. Dilip Shanghvi & family- $26.3 B- Healthcare

Dilip Shanghvi, the founder of Sun Pharma, India’s largest pharmaceutical company and the fourth-largest specialty generics manufacturer globally, ranks 7th among India’s richest.

He started Sun Pharma in 1983 with just Rs 10,000, selling psychiatry drugs in Kolkata. The company now operates in over 100 countries and owns brands like Ranbaxy and Taro.

Known for his strategic acquisitions, Shanghvi transformed Sun Pharma into a global healthcare giant through bold moves like the $4 billion Ranbaxy takeover in 2014.

 

8. Bajaj Family- $21.8 B- Diversified

The Bajaj family controls a vast industrial conglomerate spanning automobiles, financial services, electricals, and insurance.

Bajaj Auto, one of India’s leading two-wheeler and three-wheeler manufacturers, remains the crown jewel of the group. Other major entities include Bajaj Finserv, Bajaj Allianz, and Bajaj Electricals, each contributing to the family's diversified wealth.

The group was founded by Jamnalal Bajaj in 1926. Sanjiv Bajaj currently serves as Chairman and MD of Bajaj Finserv, steering the group’s financial services arm to new heights.

9. Cyrus Poonawalla- $21.4 B- Healthcare

Ninth position is acquired by Cyrus Poonawalla, the founder of Serum Institute of India, the world’s largest vaccine manufacturer by doses.

Established in 1966, Serum produces over 1.5 billion doses annually, including vaccines for measles, polio, flu, and COVID-19. Beyond vaccines, Poonawalla owns a majority stake in Poonawalla Fincorp, a leading NBFC in India.

His assets also include luxury real estate, such as a stake in The Ritz-Carlton Pune and a mansion in London’s Mayfair purchased by Adar for £138 million.

10. Kumar Mangalam Birla-$20.7 B- Diversified

Kumar Mangalam Birla, who chairs the Aditya Birla Group, a $65 billion multinational conglomerate with interests in cement, metals, telecom, textiles, financial services, and retail, holds the 10th position. He took over the group at age 28 after the sudden demise of his father, Aditya Vikram Birla, and has since expanded its global footprint across 36 countries.

Birla’s net worth declined slightly this year due to market volatility and a weaker rupee, but he retained his position among India’s top 10 richest.

The group’s flagship companies include UltraTech Cement, Hindalco Industries, Aditya Birla Capital, and Vodafone Idea.