Forbes India Rich List 2020

In a tumultuous year for the global economy, India's richest preserved their wealth. Mukesh Ambani remains the wealthiest Indian for the 13th year in a row, adding $37.3 billion to his net worth; vaccine maker Cyrus Poonawalla entered the top 10 at rank 6 as all eyes remain on the antidote, while Biocon's Kiran Mazumdar Shaw became the highest wealth gainer in percentage terms and all the pharmaceutical billionaires on the list saw their wealth rise. Fewer billionaires saw their wealth erode this year than they did in 2019.

Forbes India Rich List 2020 - Forbes India Magazine

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Rank Name Net Worth (In $ Billion) Wealth Change Company Age
1 Mukesh Ambani 88.7 Reliance Industries63
2 Gautam Adani 25.2 Adani Ports & SEZ58
3 Shiv Nadar 20.4 HCL Technologies75
4 Radhakishan Damani 15.4 Avenue Supermarts65
5 Hinduja brothers 12.8 Ashok Leyland84, 79, 74, 69
6 Cyrus Poonawalla 11.5 Serum Institute of India79
7 Pallonji Mistry 11.4 Shapoorji Pallonji Group91
8 Uday Kotak 11.3 Kotak Mahindra Bank61
9 Godrej Family 11 Godrej GroupNA
10 Lakshmi Mittal 10.3 ArcelorMittal70
11 Sunil Mittal 10.2 Bharti Airtel62
12 Dilip Shanghvi 9.5 Sun Pharmaceutical Industries65
13 Burman Family 9.2 Dabur IndiaNA
14 Kumar Birla 8.5 Aditya Birla Group53
15 Azim Premji 7.9 Wipro75
16 Bajaj Family 7.4 Bajaj AutoNA
17 Madhukar Parekh 7.2 Pidilite Industries74
18 Kuldip & Gurbachan Singh Dhingra 6.8 Berger Paints India73, 70
19 Savitri Jindal 6.6 O.P. Jindal Group70
20 Murali Divi 6.5 Divi's Laboratories69
21 Benu Gopal Bangur 6.1 Shree Cement89
22 Sudhir & Samir Mehta 5.9 Torrent Group66, 57
23 Hasmukh Chudgar 5.4 Intas Pharmaceuticals87
24 Ashwin Dani 5.3 Asian Paints77
25 Girdhari Lal Bawri, Rajendra Agarwal & Banwari Lal Bawri 5 Macleods Pharmaceuticals 73, 67, 61
26 M.G. George Muthoot 4.8 Muthoot Finance70
27 Kiran Mazumdar-Shaw 4.6 Biocon67
28 Pankaj Patel 4.55 Cadila Healthcare67
29 M.A. Yusuff Ali 4.45 LuLu Group International64
30 Kapil & Rahul Bhatia 4.4 InterGlobe Aviation88, 60
31 Singh Family 4.35 Alkem LaboratoriesNA
32 Mahendra Choksi 4.3 Asian Paints79
33 Kushal Pal Singh 4.26 DLF89
34 Vikram Lal 4.25 Eicher Motors78
35 Harsh Mariwala 4.15 Marico69
36 Nusli Wadia 4 Britannia Industries76
37 Pawan Munjal 3.9 Hero MotoCorp66
38 Abhay Vakil 3.85 Asian Paints69
39 Karsanbhai Patel 3.8 Nirma76
40 Vinod & Anil Rai Gupta 3.55 Havells India75, 51
41 Anil Agarwal 3.4 Vedanta Resources67
42 Yusuf Hamied 3.3 Cipla84
43 Reddy Family 3.25 Dr. Reddy's LaboratoriesNA
44 Gupta Family 3.2 LupinNA
45 P.P. Reddy 3.1 Megha Engineering & Infrastructures63
46 Byju Raveendran & Divya Gokulnath 3.05 BYJU'S39, 34
47 Leena Tewari 3 USV63
48 Shyam & Hari Bhartia 2.95 Jubilant Bhartia Group67, 63
49 P.V. Ramprasad Reddy 2.9 Aurobindo Pharma62
50 Ajay Piramal 2.89 Piramal Enterprises65
51 N.R. Narayana Murthy 2.85 Infosys74
52 Micky Jagtiani 2.8 Landmark Group69
53 Chandru Raheja 2.75 Mindspace Business Parks REIT80
54 Rakesh Jhunjhunwala 2.7 Rare Enterprises60
55 Ramesh Juneja 2.65 Mankind Pharma65
56 Senapathy Gopalakrishnan 2.6 Infosys65
57 Kalanithi Maran 2.46 Sun TV Network55
58 Amalgamations Group Family 2.45 Tractors & Farm EquipmentNA
59 Sridhar Vembu & Siblings 2.44 Zoho52
60 Salil Singhal 2.42 PI Industries73
61 Ravi Jaipuria 2.4 RJ Corp65
62 Vijay Shekhar Sharma 2.35 Paytm42
63 Murugappa Family 2.34 Murugappa GroupNA
64 Jitendra Virwani 2.3 Embassy Property Development54
65 Arvind Poddar 2.25 Balkrishna Industries62
66 Acharya Balkrishna 2.22 Patanjali Ayurved48
67 Shashi & Ravi Ruia 2.2 Essar Group76, 71
68 Sanjeev Bikhchandani 2.1 Info Edge (India)57
69 Nandan Nilekani 2.07 Infosys65
70 Vijay Chauhan 2.05 Parle Products84
71 Vivek Chaand Sehgal 2.04 Motherson Sumi Systems64
72 Baba Kalyani 2 Bharat Forge71
73 Mahendra Prasad 1.98 Aristo Pharmaceuticals80
74 Anurang Jain 1.87 Endurance Technologies58
75 Lachhman Das Mittal 1.86 Sonalika Group89
76 Sunny Varkey 1.85 GEMS Education63
77 Rajan Raheja 1.84 Exide Industries66
78 K. Dinesh 1.83 Infosys66
79 Harsh Goenka 1.82 RPG Enterprises62
80 Abhay Firodia 1.8 Force Motors75
81 Vikas Oberoi 1.75 Oberoi Realty50
82 Chirayu Amin 1.71 Alembic Pharmaceuticals73
83 Sanjiv Goenka 1.7 RP-Sanjiv Goenka Group59
84 Ramesh Kumar & Mukand Lal Dua 1.65 Relaxo Footwears66, 71
85 Dilip & Anand Surana 1.64 Micro Labs54, 49
86 Devendra Jain 1.6 Gujarat Fluorochemicals91
87 Sunder Genomal 1.58 Page Industries66
88 Anand Mahindra 1.57 Mahindra & Mahindra65
89 S.D. Shibulal 1.56 Infosys65
90 Nithin & Nikhil Kamath 1.55 Zerodha Broking41, 34
91 G. Rajendran 1.54 GRT Jewellers78
92 Bhadresh Shah 1.53 AIA Engineering69
93 Rajju Shroff 1.5 UPL86
94 Manohar Lal & Madhusudan Agarwal 1.45 Haldiram Snacks65, 64
95 Vinod Saraf 1.4 Vinati Organics68
96 Chandrakant & Rajendra Gogri 1.39 Aarti Industries74, 60
97 Premchand Godha 1.36 IPCA Laboratories73
98 Rajesh Mehra 1.35 Jaquar Group62
99 Arun Bharat Ram 1.34 SRF79
100 R.G. Chandramogan 1.33 Hatsun Agro Products71

NOTE : Public fortunes were calculated based on stock prices and exchange rates as of September 18, 2020. Private companies were valued based on similar companies that are publicly traded.



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