Richest People in India – Forbes magazine, the business magazine that produces an annual list on the richest billionaires worldwide every year, has published its latest list for the year 2018. 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.

Top 10 richest People in India 2018

richest People in india

1. Mukesh Ambani

Mukesh Dhirubhai Ambani (born 19 April 1957) is an Indian business magnate who is the chairman, managing director and largest shareholder of Reliance Industries Limited (RIL), a Fortune Global 500 company and India’s most valuable company by market value. He holds a 44.7% stake in the company. Reliance Industries Limited deals mainly in refining, petrochemicals, and in the oil and gas sectors. Reliance Retail Ltd., another subsidiary, is the largest retailer in India, Mukesh Ambani has grown richer by $16.9 billion in 2018 with the net worth $40.1 billion, according to the Forbes magazine. In 2017, he was on the 33rd position in the magazine’s list with the 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.


Net worth: 4,230 crores USD (2018)

Born: 19 April 1957 (age 61 years), Aden, Yemen

Spouse: Nita Ambani (m. 1985)

Children: Akash Ambani, Isha Ambani, Anant Ambani

Siblings: Anil Ambani, Nina Kothari, Deepti Salgaonkar

19 April 1957 (age 61)

Aden, Colony of Aden (now Yemen)

Residence Antilia, Mumbai, Maharashtra, India

Nationality Indian

Alma mater Institute of Chemical Technology (B.E)

Occupation Chairman and Managing Director of Reliance Industries

Net worth US$44.3 billion (2018)

Parent(s) Dhirubhai Ambani Kokilaben Ambani

Website Mukesh Ambani

richest People in india

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 the net worth $18.8 billion in 2018 from the 72nd rank with the net worth $14.9 billion in 2017.


Born      Azim Hashim Premji

24 July 1945 (age 72)

Bombay, Bombay Presidency, British India

Residence           Bangalore, Karnataka, India

Alma mater        Stanford University (B.S.E)

Occupation         Chairman of Wipro

Net worth           US$17.9 billion (April 2018)

Spouse(s)            Yasmeen

Children               Rishad, Tariq

Parent(s)             Mohamed Hashem Premji

Education: St. Xavier’s College-Autonomous, Mumbai, St. Mary’s School, Mumbai, Stanford University

Awards: Padma Bhushan, Faraday Medal, CNN-IBN Indian of the Year Outstanding Achievement

Website               Azim Premji

3. Lakshmi Mittal

Lakshmi Niwas Mittal is an Indian steel magnate, based in the United Kingdom. He is the chairman and CEO of ArcelorMittal, the world’s largest steelmaking company. Mittal owns 38% of ArcelorMittal and holds an 11% stake in Queens Park Rangers F.C.. stands on the third position in the Forbes’ list amongst the Indian billionaires with the 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.


Born Lakshmi Niwas Mittal 15 June 1950 (age 68) Sadulpur, Rajasthan, India

Residence London, United Kingdom

Alma mater St. Xavier’s College, Kolkata, (B.Com.)

Occupation Chairman & CEO of


Owner of Karrick Limited

Co-owner of Queens Park Rangers F.C.

Known for Steel magnate

King of Steel

Hometown Sadulpur, India

Net worth US$18.9 Billion (April 2018)

Board member of Goldman Sachs

Spouse(s) Usha Mittal

Children Vanisha Mittal

Aditya Mittal

Awards Padma Vibhushan (2008)

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richest People in india

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 company. He occupies the fourth position in the Forbes’ Indian billionaires list 2018 with the net worth is $14.6 billion and is placed on the 98th rank worldwide.


Born      14 July 1945 (age 72)[1]

Moolaipozhi Village, Tuticorin district, Madras Presidency, British India (now Tamil Nadu), India

Residence           New Delhi, Chennai

Nationality          Indian

Alma mater        PSG College of Technology

Occupation         Founder and chairman of HCL Technologies

Founder of SSN College of Engineering

Net worth           US$15.1 billion (April 2018)

Spouse(s)            Kiran Nadar

Children               Roshni Nadar Malhotra

Parent(s)             Sivasubramaniyan Nadar

Vamasundari Devi

Awards Padma Bhushan (2008)

5. Dilip Shanghvi

Dilip Shanghvi is an Indian billionaire businessman and one of the country’s richest people. He founded Sun Pharmaceuticals with a partner, Pradeep Ghosh.[3] The Government of India awarded him the civilian honor of Padma Shri in 2016. India Today magazine ranked him #8th in India’s most powerful people of 2017 list. He ranks next to Shiv Nadar as the fifth richest Indian with the net worth $12.8 billion this year. He also occupies the 115th spot in the 2018 global billionaires list of Forbes.


Born 1 October 1955 (age 62)

Amreli, Gujarat, India[1]

Residence Mumbai, India

Nationality Indian

Alma mater Bhawanipur Education Society College, University of Calcutta

Occupation Founder and MD of Sun Pharmaceuticals

Net worth US$11.9 billion (February 2018)[2]

Spouse(s) Vibha Sanghvi

Children 2

6. Kumar Mangalam Birla

Kumar Mangalam Birla (born 14 June 1967) is an Indian industrialist and the chairman of the Aditya Birla Group, one of the largest conglomerate corporations in India. He is also the chancellor of the Birla Institute of Technology & Science and the chairman of the Indian Institute of Technology Delhi[3] and Indian Institute of Management Ahmedabad. according to Forbes’ billionaire’s list in 2018. He became the sixth richest Indian with the net worth $11.8 billion and is ranked 127th globally according to the Forbes’ list.


Born      14 June 1967 (age 51)

Residence           Mumbai, Maharashtra, India

Nationality          Indian

Alma mater        H.R. College of Commerce and Economics

London Business School

Institute of Chartered Accountants of India

Occupation         Chairman of Aditya Birla Group

Net worth           Increase US$12billion (13 February 2018)

Spouse(s)            Neerja Birla (m. 1989)

Children               Ananya Birla, Advaitesha Birla, Aryaman Birla

Parent(s)             Aditya Vikram Birla

richest People in india

7. Uday Kotak

Uday Kotak is an Indian billionaire banker, and the executive vice-chairman and managing director of Kotak Mahindra Bank. He stands on the seventh position in the Forbes’ list of richest Indian billionaires 2018 with the net worth $10.7 billion. He is also ranked 143rd in the Forbes’ global list of billionaires this year. its also in the list of richest People in India


Born      15 March 1959 (age 59)

Residence           Mumbai, Maharashtra, India

Nationality          Indian

Alma mater        University of Mumbai

Occupation         Founder and MD & CEO of Kotak Mahindra Bank

Net worth           US$12.5 billion (April 2018)[1]

Spouse(s)            Pallavi Kotak

Children               2

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 the 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 the 151st position in the Forbes global list of 2,208 billionaires worldwide. Its also in the list of richest People in India


Born: Bikaner

Net worth: 1,240 crores USD (2018) Forbes

Parents: Shivkishanji Damani

Organization founded: DMart


richest People in india

9. Gautam Adani

Gautam Shantilal Adani (born 24 June 1962) is an Indian billionaire businessman who is the chairman and founder of Adani Group. According to Forbes, his net worth is estimated to be $9.7 billion as of September 2017. He founded the Group in 1988, which now deals in businesses spanning coal trading, coal mining, oil & gas exploration, ports, logistics, power generation, agriculture, edible oils, transmission, and gas distribution. is on the ninth position in the Forbes list of richest Indians 2018. His net worth is pegged at $9.7 billion and occupies the 154th position in the Forbes global list of 2018. its also in the list of richest People in India


Gautam Shantilal Adani

Born 24 June 1962 (age 56)

Ahmedabad, Gujarat, India

Residence Ahmedabad, Gujarat, India

Nationality Indian

Occupation Chairman, Adani Group

Known for Founder and chairman, Adani Group

Net worth $9.7 billion (2018)

Spouse(s) Priti Adani

Children Karan Adani

Jeet Adani

Parent(s) Shantilal and Shanta Adani

Relatives Vinod Adani (Elder brother) Rajesh Adani ( Younger brother)

richest People in india

10. Cyrus S. Poonawalla

Cyrus S. Poonawalla is an Indian businessman, the chairman of Poonawalla Group, which includes Serum Institute of India, the Indian biotech company that manufactures pediatric vaccines. 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 the net worth $9.1 billion among the richest Indians. He is also ranked 170th in the global list of the magazine. its also in the list of richest People in India


Cyrus S. Poonawalla

Residence Pune, India

Alma mater Brihan Maharashtra College of Commerce

Years active 1966–present

Organization Serum Institute of India

Known for Founder of Serum Institute of India, Horse Racing, Cars

Net worth US$ 6.1 Billion (27/13/18)

Spouse(s) Villoo Poonawalla (30 sep 1943-9 june 2010(66))

Children Adar Poonawalla (son)

Awards Padma Shri in 2005



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