List of Indians by net worth

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The following is a list of Indians by net worth. According to the Forbes magazine, India is home to the largest number of billionaires in Asia. The following data from the Forbes India's 40 Richest[1]. There are 54 Indians (Indian Citizens only) in the following list including 14 Billionares who did not make it into top 40.

Methodology: Ranking has been broadened to include family fortunes. For instance, Tulsi Tanti's $10 billion fortune represents his family's entire 70% stake in Suzlon Energy, not his 29% stake that's reflected in the billionaire rankings. Net worths were calculated using Nov. 2nd 2007 market prices and exchange rates. Privately held companies are valued by comparing them to similar publicly traded companies. Besides being rich, one must be an Indian citizen to make this list. As a result, three non-India residents, including Lakhmi Mittal, are included, but construction magnate Pallonji Mistry, Tata Sons' largest shareholder, who has become an Irish citizen, is not.

Rank Name Net Worth (US$ bil) Age City Main Source Industry
1 Lakshmi Mittal 51 56 London Arcelor Mittal Steel
2 Mukesh Ambani 49 49 Mumbai Reliance Industries Diversified
3 Anil Ambani 45 47 Mumbai Reliance ADAG Diversified
4 Kushal Pal Singh 35 75 Delhi DLF Universal Real Estate, Construction
5 Azim Premji 14.8 61 Bangalore Wipro ITES, Software
6 Sunil Mittal 12.5 49 Delhi Bharti Airtel Telecommunications
7 Shashi & Ravi Ruia 12 63 Mumbai Essar Group Textiles, Steel, Shipping
8 Ramesh Chandra 11.6 n/a Delhi Unitech Construction, Real Estate
9 Kumar Mangalam Birla 11 39 Mumbai Aditya Birla Group Diversified
10 Tulsi Tanti 10 47 Pune Suzlon Wind Power
11 Savitri Jindal 8.5 58 Hisar, Mumbai Jindal Steel Metals
12 Anil Agarwal 7.4 52 London Vedanta Resources Mining
13 Gautam Adani 6.7 45 Ahmedabad Adani Group Infrastructure
14 Grandhi Rao 6.2 57 Bangalore GMR Group Infrastructure
15 Adi Godrej 5.2 64 Mumbai Godrej Industries Diversified
16 Uday Kotak 4.6 46 Mumbai Kotak Mahindra Finance
17 Indu Jain 4.4 71 Delhi Bennett, Coleman & Co. Ltd Media
18 Shiv Nadar 4.3 61 Delhi HCL Consumer electronics, ITES
19 Anand Jain 4 50 Mumbai Jai Corp Limited Real Estate
20 Dilip Shanghvi 3.9 50 Mumbai Sun Pharmaceuticals Pharmaceuticals
21 Jaiprakash Gaur 3.9 76 Delhi Jaiprakash Associates Infrastructure
22 Cyrus Poonawalla 3.1 67 Pune Serum Institute of India Pharmaceuticals, Biotechnology
23 Kalanithi Maran 2.7 42 Chennai Sun Network Media
24 Subhash Chandra 2.6 55 Mumbai Zee Entertainment
25 Baba Kalyani 2.5 56 Pune Bharat Forge Metals
26 Rakesh Wadhawan 2.35 55 Mumbai Housing Development & Infrastructure Ltd Real Estate
27 Rahul Bajaj 2.3 67 Pune Bajaj Diversified
28 Malvinder & Shivinder Singh 2.25 NA Delhi Ranbaxy Pharma
29 Venugopal Dhoot 2.2 52 Mumbai Videocon Consumer durables
30 Rajan Raheja 2.15 54 Mumbai Rajan Raheja Group Diversified
31 Niranjan Hiranandani 2.1 57 Mumbai Hiranandani Developers Pvt. Ltd Real Estate
32 Vivek Burman 2 70 Delhi Dabur India Limited Herbal consumer products
33 L. Madhusudhan Rao 1.9 41 Hyderabad Lanco Group Infrastructure
34 Gautam Thapar 1.8 46 Mumbai Avantha Group Chemicals, infrastructure & engineering
35 Anurag Dikshit 1.75 35 Gibraltar PartyGaming Online gambling
36 Vikas Oberoi 1.7 37 Mumbai Oberoi Constructions Property development
37 N.R. Narayana Murthy 1.69 61 Bangalore Infosys Technologies Software services
38 Anu Aga 1.67 65 Pune Thermax Energy and environment engineering solutions
39 Gracias Saldanha 1.65 70 Mumbai Glenmark Pharmaceutical
40 Vijay Mallya 1.6 51 Bangalore United Breweries Group Beverages, Airlines
41 Naresh Goyal 1.55 56 Mumbai Jet Airways Airlines
42 Murali K.Divi 1.53 Divi's Laboratories Pharmaceuticals
43 Jignesh Shah 1.37 Financial Technologies Financial software
44 Yusuf Hamied 1.32 69 Mumbai Cipla Pharma
45 Nandan Nilekani 1.26 50 Bangalore Infosys IT, ITES
46 Pradeep Jain 1.25 Parsvnath Developers Real estate
47 Habil Khorakiwala 1.23 63 Mumbai Wockhardt Health
48 Rohtas Goel 1.20 Omaxe Real estate
49 S Gopalakrishnan 1.18 51 Bangalore Infosys IT, ITES
50 Brijmohan Lall Munjal 1.12 83 Delhi Hero Honda Automotive
51 Rakesh Jhunjhunwala 1.20 Rare Enterprises Investments
52 Keshub Mahindra 1.08 Mahindra & Mahindra Diversified
53 Nimesh Kampani 1.05 61 Mumbai JM Financial Financial services
54 Kishore Biyani 1 Pantaloon Retail Retail

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