NEW DELHI–With an estimated net worth of $51.4 billion, the head of oil-gas-telecom conglomerate Reliance Industries, Mukesh Ambani is the wealthiest person in India, CEOWORLD magazine announced in its India Rich List Index For 2019.
Gautam Adani is second on the list with $15.7 billion. Hinduja brothers hold the third spot with a net worth of $15.6 billion, followed by Pallonji Mistry ($15 billion), Uday Kotak ($14.8 billion), and Shiv Nadar ($14.4 billion).
Radhakishan Damani, Godrej family, Lakshmi Mittal, Kumar Birla rounded up the top ten wealthiest people in India with $14.3 billion, $12 billion, $10.5 billion, and $9.6 billion respectively, according to CEOWORLD.
“The total wealth of this year’s 100 richest Indian billionaires shrank 8 percent from a year ago to $452 billion. The collective fortune of India’s richest 10 people is $173 billion,” said CEOWORLD.
With a net worth of roughly $1.91 billion, Byju’s founder, Byju Raveendran, entered the CEOWORLD magazine’s Richest people in India list, according to report. Reliance Group Chairman Mukesh Ambani continued to dominate the Indian billionaire sphere with a net worth of $51.4 billion. “Ambani chairs and runs $60 billion (revenue) oil and gas giant Reliance Industries, among India’s most valuable companies,” CEOWORLD magazine said.