With Mukesh Ambani at the Top, India Now Has 101 Billionaires

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Mukesh Ambai

NEW YORK – With Mukesh Ambani at the top, India now has 101 billionaires, according to new data released by Forbes magazine.

According to the 34th annual world’s billionaires list, in which Forbes ranks the wealthiest individuals globally, there are 2,095 billionaires on the 2020 ranking, down from 2,153 in 2019.

The total combined net worth of this year’s billionaires is $8 trillion, down from $8.7 trillion in 2020. 267 people dropped off this year’s list and a record 1,062 individuals have seen a drop in their fortunes, both reflective of the turbulent markets and the coronavirus pandemic.

Approximately 70% of the list is made up of self-made billionaires. India’s Mukesh Ambani is ranked #21 richest in the world with $36.8 billion.

Here are India’s 101 billionaires as ranked globally by Forbes:

# 21: Mukesh Ambani: $36.8 billion

#78: Radhakrishnan Damani: $13.8 billion

#103: Shiv Nadar: $11.9 billion

#129: Uday Kotak: $10.4 billion

#155: Gautam Adani: $8.9 billion

#157: Sunil Mittal & Family: $8.8 billion

#165: Cyrus Poonawalaa: $8.2 billion

#185: Kumar Birla: $7.6 billion

#196: Lakshmi Mittal: $7.4 billion

#253: Azim Premji: $6.1 billion

#253: Dilip Sanghvi: $6.1 billion

#268: Benu Gopal Banyur: $5.9 billion

#320: Kuldip Singh & Gurbachan Singh Dhingra: $5.1 billion

#320: Nusli Walia: $5.1 billion

349 Savitri Jindal & Family: $4.8 billion

#426: Bajaj Brothers: $4.2 billion

#484: Rahul Bajaj: $3.8 billion

#494: Kushal Pal Singh: $3.7 billion

#538: Hasmukh Chudgar: $3.5 billion

#538: Muralidivi & Family: $3.5 billion

#538: M.A. Yusuff Ali: $3.5 billion

#565 Kapil & Rahul Bhatia: $3.4 billion

#565: Mahendra Choski & Family: $3.4 billion

#590: Vikram Lal: $3.3 billion

#648: Anil Agarwal & Family: $3.1 billion

#648: Karsanbhai Patel: $3.1 billion

#648: Abhay Vakil & Family: $3.1 billion

#712: Pankaj Patel: $2.9 billion

#764: Chandru Raheja: $2.7 billion

$804: Kiran Mazumdar-Shaw: $2.6 billion

#804: Pawan Munjal & Family: $2.6 billion

#836: Ravi Pillai: $2.5 billion

#908: Vivek Chand Burman: $2.3 billion

#908: Ravi Jaipuria: $2.3 billion

#945: Micky Jagtiani: $2.2 billion

$945: Shashi & Ravi Raia: $2.2 billion

#945: Arvind Tiku: $2.2 billion

#1001: Vinod & Anil Raigupta: $2.1 billion

#1063: Madhukar Parekh: $2 billion

#1135: Smita Crishna-Godrej: $.9 billion

#1135: Jamshyd Godrej: $1.9 billion

#1135: Nadir Godrej: $1.9 billion

#1135: Rakesh Jhunjhunwala: $1.9 billion

#1135: N.R. Narayana Murthy: $1.9 billion

#1135: Rishad Naoroji: $1.9 billion

#1196: Anand Burman: $1.8 billion

#1196: Senapathy Gopalkrishnan: $1.8 billion

#1196: Mangal Prabhat Lodha: $1.8 billion

#1196: Vikas Oberoi: $1.8 billion

#1196: Byju Raveendran: $1.8 billion

#1196: Leena Tewari: $1.8 billion

#1267: Baba Kalyani: $1.7 billion

#1267: Samir Mehta: $1.7 billion

#1267: Sudhir Mehta: $1.7 billion

#1267: Ajay Piramal: $1.7 billion

#1267: Mahendra Prasad: $1.7 billion

#1335: Kalanithi Maran: $1.6 billion

#1335: Harsh Mariwala: $1.6 billion

#1335: P.P. Reddy: $1.6 billion

#1335: P.V. Krishna Reddy: $1.6 billion

#1335: Jitendra Vurwani: $1.6 billion

#1415: Harindarpal Banga: $1.5 billion

#1415: Abhay Firodia: $1.5 billion

#1415: Harsh Hoenka: $1.5 billion

#1415: Ranjani Pai: $1.5 billion

#1415: G. Rajendran: $1.5 billion

#1513: Sanjiv Goenka: $1.4 billion

#1513: Nandan Nilekani: $1.4 billion

#1513: Ajay Prakash: $1.4 billion

#1513: Nandrkumar Parekh: $1.4 billion

#1513: P.V. Rampal Reddy: $1.4 billion

#1613: Rajendra Agarwal: $1.3 billion

#1613: Banwarilal Bawri: $1.3 billion

#1613: Girdharlal Bawri: $1.3 billion

#1613: Amit Burman: $1.3 billion

#1613: Niranjan Hiranandani: $1.3 billion

#1613: Kishore Mariwala: $1.3 billion

#1613: Lachhman Das Mittal: $1.3 billion

#1613: Subhash Runwal: $1.3 billion

#613: Sunny Varkey: $1.3 billion

#1613: Shamsheer Vayalil: $1.3 billion

#1730: Sachin Bansal: $1.2 billion

#1730: Sanjeev Bikhchandani: $1.2 billion

#1739: K. Dinesh: $1.2 billion

#1730: T.S.Kalyanaraman: $1.2 billion

#1739: Hemandra Kthari: $1.2 billion

#1730: Anand Mahendra: $1.2 billion

#1739: Sushil Kumar Pareek: $1.2billion

#1730: Bhadresh Shah: $1.2 billion

#1730: Basudeo Singh: $1.2 billion

#1730: Salil Singhal: $1.2 billion

#1730: Radha Vembu: $1.2 billion

#1851: Archana Balakrishna: $1.1 billion

#1851: Bimy Bansal: $1.1 billion

#1851 Sandeep Engineer: $1.1 billion

#1851: Mofatraj Munot: $1.1 billion

#1851L Arvind Poddar: $1.1 billion

#1851: S.D. Shibulal: $1.1 billion

#1990: Achal Bakeri: $1 billion.

Forbes Methodology: The Forbes Billionaires list is a snapshot in time of wealth using stock prices and exchange rates from March 18, 2020. Forbes lists individuals rather than multi-generational families who share large fortunes, though we include wealth belonging to a billionaire’s spouse and children if that person is the founder of the fortune. In some cases, siblings and couples are listed together if the ownership breakdown among them isn’t clear, however they still must be worth on average a minimum of $1 billion apiece to make the cut.

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