Mukesh Ambani is an Indian businessman who is the chairman and CEO of Reliance Industries Ltd. (RIL), the world's largest oil refining plant, and ranks tenth among the world's wealthiest people in 2022. In terms of net wealth, he is the richest Indian. His net worth is $90.7 billion, according to Forbes.

RIL is a $74 billion company comprising petrochemicals, oil and gas, telecommunications, and retail assets. His late father, Dhirubhai Ambani, a yarn dealer, founded Reliance in 1966 as a small textile company. When his father died in 2002, Ambani and his younger brother Anil shared the family fortune.

Reliance Jio, a 4G wireless network that spans India, is one of the numerous businesses controlled by a Mumbai-based company. Mukesh Ambani raised over $20 billion by selling a third of Reliance Jio to a consortium of investors that included Facebook and Google during the COVID-19 blackout. He also owns the Mumbai Indians professional cricket franchise and a $400 million personal mansion.

Net worth: $90.7 Billion

Source of wealth: Diversified

City: Mumbai

The second on the list of richest people in India, Gautam Adani, has a staggering net worth of $90 billion. Gautam Adani is the chairman and founder of the Adani Group, a worldwide conglomerate headquartered in Ahmedabad that specializes in port development and operations in India.

The infrastructure magnate Gautam Adani controls India's largest port, Mudra Port, in his home state of Gujarat. His Adani Group has $13 billion in revenue from infrastructure, power production and transmission, commodities, and real estate. Adani owns Abbot Point, a problematic coal mining project in Australia with the world's largest coal mine, the Carmichael. After a nine-year wait, Adani received authorization in June 2019 to begin construction on the Australian coal mine. Adani bought a 74% stake in Mumbai International Airport, India's second busiest, in September 2020. Gautam Adani also owns a coal mining project in Australia known as Abbot Point.

Net worth: $90 Billion
Source of wealth: infrastructure
City: Ahmedabad

Shiv Nadar is a multibillion-dollar Indian business magnate and philanthropist. He is the founder and chairman emeritus of HCL Technologies Limited and the Shiv Nadar Foundation. Shiv Nadar, an IT pioneer, founded HCL in a garage in 1976 to build calculators and microprocessors. In July 2020, he stepped down as chairman of HCL Technologies, handing over the reins to his daughter, Roshni Nadar Malhotra. He currently serves on the Board of Directors as Chairman Emeritus.

HCL Technologies, which has 169,000 employees in 50 countries, hires and trains high school graduates on the job. Nadar, one of India's most prominent benefactors, has given $662 million to his Shiv Nadar Foundation, which supports educational causes. HCL Technologies, which has a turnover of $10.2 billion, is one of India's major software service companies today. As of February 2022, he is the 3rd richest Indian and the 55th richest person in the world, as per Forbes. Shiv Nadar is a notable philanthropist in the nation, having donated over $662 million to the Shiv Nadar Foundation to assist educational causes.

Net worth: $28.7 Billion

Source of wealth: Software Services

City: Delhi

Cyrus S. Poonawalla is a millionaire Indian businessman who is the chairman and managing director of the Cyrus Poonawalla Group, which includes the world's largest vaccine manufacturer, the Serum Institute of India. Cyrus Poonawalla founded the Serum Institute of India in 1966. Each year, serum produces over 1.5 billion doses of vaccinations, including those for measles, polio, and the flu.

Under the direction of his son, Adar Poonawalla, the company's CEO, the firm has invested $800 million in a new factory to manufacture Covid-19 vaccines. Covid-19 vaccine agreements have been signed, and Covishield, an AstraZeneca and Oxford University vaccine, has been introduced.

His son committed to purchasing a 60% stake in Magma Fincorp, a publicly listed finance business, for $475 million in February 2021 and renaming it Poonawalla Fincorp. Among the billionaire's other assets are stump farms and homes in Mumbai and Pune.

Net worth: $24.3 Billion

Source of wealth: Vaccines

City: Pune

Radhakishan S. Damani is an Indian billionaire investor and businessman who founded DMart. He is the proprietor of Avenue Supermarts, a Mumbai-based low-cost consumer goods business. It made $3.2 billion in the fiscal year that ended March 31, 2021.

Radhakishan Damani is the fifth richest Indian and the world's 86th richest person, according to Forbes, with a net worth of $20 billion. He became India's retail king after the IPO of his supermarket company, Avenue Supermart, in March 2017. Damani started his retail career on the outskirts of Mumbai in 2002 with a single store. His company presently has 221 DMart stores across the United States. He is also a shareholder in a variety of companies, including VST Industries, a tobacco firm, and India Cements, a cement company. His portfolio includes the 156-room Radisson Blu Resort in Alibag, a famed beachfront getaway near Mumbai.

Net worth: $20 Billion

Source of wealth: Retail, Investments

City: Mumbai

Lakshmi Mittal, who has a net worth of $17.9 billion, is ranked sixth on the list of the richest people in India in 2022. Arcelor and Nippon Steel bought Essar Steel in 2019, which was formerly owned by billionaires Ravi Ruia and Shashi. Lakshmi Niwas Mittal is an Indian steel magnate who now resides in London, England. He is the Executive Chairman of ArcelorMittal, the world's largest steelmaker, and the Chairman of Aperam, a $53.3 billion stainless steel manufacturer.

He came from a steel family and broke from his siblings to start Mittal Steel, which he eventually merged with Arcelor of France in 2006. In 2020, steel shipments plummeted by about a fifth, resulting in a $700 million loss for the company. In January 2021, Lakshmi Mittal passed over the CEO position to his son, Aditya Mittal, but remained executive chairman.

Net worth: $17.9 Billion

Source of wealth: Steel

City: Solapur

Among the 10 richest people in India, the only female billionaire is Savitri Jindal, who is the CEO of the O.P. Jindal Group, an $18 billion conglomerate created by her late husband, Om Prakash Jindal. She is India's wealthiest woman. JSW Steel, as well as businesses in mining, power generation, industrial gases, and port facilities, are all held by the New Delhi-based company.

Following the death of her husband, O.P. Jindal, in a helicopter crash in 2005, his four sons were granted management of the group's enterprises, which they now run independently. Sajjan Jindal, her Mumbai-based son, is in charge of the group's most important assets, which include JSW Steel.

Ms. Savitri Jindal is the president of many companies under the Jindal Group but is best known as the chairwoman of JSPL. It is the most profitable industrial complex in the Jindal Group, with 50 factories employing more than 7,000 workers in India and Bolivia, where JSPL has made an initial investment of $1.5 billion and is investing more than $2.1 billion over the next eight years in Peru, Chile, and Bolivia.

Net worth: $17.7 Billion

Source of wealth: Steel

City: Hisar

Kumar Birla is the eighth richest person in India with a net worth of $16.5 billion. He is the head of the Aditya Birla Group, which generates $46 billion in sales and is known as the commodities king. Kumar Birla is a billionaire Indian entrepreneur, philanthropist, and chairman of the Aditya Birla Group, a conglomerate that owns roughly a third of India's largest cement maker, Grasim Industries. He's also the chancellor of Ahmedabad's Birla Institute of Technology and Science and the Indian Institute of Management. He is the fourth generation of the Aditya Birla Group, which is worth $46 billion on the stock market.

The group's businesses include cement, aluminum, communications, and financial services. Kumar Birla was 28 years old when his father, Aditya Birla, died in 1995, and he inherited the family fortune. He resigned as chairman of Vodafone Idea in August 2021, a debt-ridden telecom firm formed in 2018 by merging his Idea Cellular and Vodafone India.

Net worth: $16.5 Billion

Source of wealth: Commodities

City: Mumbai

Dilip Shanghvi's net worth of $16.3 billion positions him ninth among the richest people in India in 2022. His father handed him $200 in 1983 to launch Sun Pharma, a psychiatric medicine manufacturer. He founded Sun Pharmaceuticals, a generic manufacturer with $4.5 billion in revenue for the fiscal year ending March 31, 2021, which was founded by him. The Mumbai-based company has over 30,000 employees and provides services in over 150 countries.

The Indian government awarded him the civilian distinction of Padma Shri in 2016. In 2017, he was ranked eighth on India Today's list of the country's most powerful people. The corporation is India's most valuable listed pharmaceutical company, with an annual revenue of $4.5 billion. Dilip Shanghvi grew Sun through a succession of acquisitions, the most significant of which was the $4 billion purchase of Ranbaxy Laboratories, a scandal-plagued competitor, in 2014.

Net worth: $16.3 Billion

Source of wealth: Pharmaceuticals

City: Mumbai

Currently, at the age of 61, businessman Kotak owns a fortune of about 14 billion USD. According to Bloomberg Billionaires Index, India's richest banker is Uday Suresh Kotak, who controls the Mumbai-based Kotak Mahindra Bank. Kotak Mahindra Bank's managing director and executive vice-chairman. Publicly listed firms provide commercial and investment banking, as well as insurance and brokerage services.

Entrepreneur Uday Kotak - from Gujarat state - founded an investment company in 1985 with a loan of 3 million rupees ($41,000) from family and friends. He partnered with Mr. Mahindra in 1986. The company expanded into lending, stockbroking, investment banking, insurance, and mutual funds. The company officially became a bank in 2003. Thanks to its 2014 acquisition of ING Bank's Indian division, Kotak Mahindra Bank has grown to become one of India's top four private banks. The Kotak 811 applications are named after the day on November 8, 2016, when the government withdrew 86 percent of all rupees in circulation. Even though India is suffering from the shadow lending crisis, billionaire Kotak's Kotak Mahindra Bank Ltd continues to develop rapidly.

Net worth: $14.3 billion

Source of wealth: Banking

City: Mumbai