City
Epaper

Mukesh Ambani remains wealthiest Indian for 13th consecutive year

By Lokmat English Desk | Updated: October 8, 2020 19:48 IST

Forbes has released this year's list of the top 100 richest Indians and Mukesh Ambani once again gained the ...

Open in App

Forbes has released this year's list of the top 100 richest Indians and Mukesh Ambani once again gained the top spot in the Forbes India richest list of 2020. The chairman of Reliance Industries Limited,  continues to be the wealthiest Indian for the 13th consecutive year.  Among the 100 richest individuals in the country, Ambani is  ranked number one with a net worth of $88 billion. Ambani is followed by Adani Group’s Gautam Adani with a net worth of 20.4 billion dollars.  worth of 20.4 billion dollars, Hinduja brothers with a net worth of 12.8 billion dollar and Cyrus Poonawalla with a net worth of 11.5 billion dollar, ranks third, fourth and fifth respectively. 

“Top on the list was Mukesh Ambani, chairman of Reliance Industries. At number one for the thirteenth consecutive year, his net wealth stands at $88.7 billion. His company had a good year with $20 billion of investments in its mobile services business Jio Platforms. Facebook and Google, two of the world’s top technology companies were large investors as were a host of others–KKR, Silver Lake, Mubadala to name a few. The money also resulted in a rerating of the telecom sector with fellow tycoon Sunil Mittal moving up three slots to rank 11 with a net wealth of $10.2 billion,” Forbes noted.

Here is the list of India’s top 10 richest persons

1. Mukesh Ambani (88.7 billion dollar)

2. Gautam Adani (25.2 billion dollar)

3. Shiv Nadar (20.4 billion dollar)

4. Rafhakishan Damani (15.4 billion dollar)

5. Hinduja brothers (12.8 billion dollar)

6. Cyrus Poonawalla (11.5 billion dollar)

7. Pallonji Mistry (11.4 billion dollar)

8. Uday Kotak (11.3 billion dollar)

9. Godrej Family (11 billion dollar)

10. Lakshmi Mittal (10.3 billion dollar)

Richest Indians from 11th to 20th rank

11. Sunil Mittal (10.2 billion dollar)

12. Dilip Shanghvi (9.5 billion dollar)

13. Burman family (9.2 billion dollar)

14. Kumar Birla (8.5 billion dollar)

15. Azim Premji (7.9 billion dollar)

16. Bajaj family (7.4 billion dollar)

17. Madhukar Parekh (7.2 billion dollar)

18. Kuldip and Gurbachan Singh Dhingra (6.8 billion dollar)

19. Savitri Jindal (6.6 billion dollar)

20. Murali Divi (6.5 billion dollar)

Tags: Mukesh Ambani
Open in App

Related Stories

BusinessStock Market Investors Lose ₹5 Lakh Crore After Trump’s 25% Tariff on India; Mukesh Ambani’s Jio Financial Shares Rise

BusinessJio Financial Services Q1 FY26 Results: Revenue Soars 47%, Net Profit Rises to ₹325 Crore Under Mukesh Ambani's Leadership

BusinessMukesh Ambani's Jio Financial Services Jumps 5% After SEBI Nod for Broking Business

NationalWho Is Prakash Shah? Mukesh Ambani’s Close Aide Becomes Monk After Quitting Rs 75 Crore Job

NationalJio Unveils Rs 749 Prepaid Plan: 72‑Day Validity with 164 GB Data and Extended Perks, Know More Details Here

Business Realted Stories

BusinessDoT slashes security test evaluation fees by up to 95 pc to boost telecom innovation

BusinessVANAHA Collaborates with Aston Martin New Delhi for an Exclusive Luxury Showcase in Pune

BusinessZigly's 'International Happy Pets Day' Celebrates Pet Friendship and Brings Pet Community Together for Social Cause

BusinessShiva Tribe Debuts in Gurgaon's Tikli-Raiseena: IMPC's Bold Step to Merge Spirituality, Rural Tourism, and Modern Family Wellness

BusinessSanjay Bedia Girgaonkar Presents 'Aashiq Pushteni' Featuring Zainab Dipannita Patra and Eshan Masih -- A Captivating Visual Journey Shot in Bangkok