Mukesh Ambani ranks as India's richest for 13th year in Forbes list

Reliance Chairman Mukesh Ambani was named the richest Indian by Forbes for the 13th year with a net worth of $88.7 billion. Despite the COVID-19 crisis, the 100 richest Indians got richer by 14 per cent at $517.5 billion, according to Forbes.

Ambani is attributed a large share of the net positives with Reliance having a stellar year of raising over $20 billion for Jio and seeing investments in Reliance Retail from big fish like Facebook, Google, Silver Lake among others.

Forbes lists Adani Group Chairman Gautam Adani as the second richest Indian again this year with a net worth of $25.2 billion and HCL Tech Chairman Shiv Nadar jumps three spots to become the third richest with a net wealth of $20.4 billion.


The rest of the top 10 richest Indians as per Forbes are Radhakishan Damani at $15.4 billion, Hinduja brothers at $12.8 billion, Cyrus Poonawalla at $11.5 billion, Pallonji Mistry at $11.4 billion, Uday Kotak at $11.3 billion, Godrej family at $11 billion and Lakshmi Mittal at $10.3 billion.

There are nine newcomers in the Forbes list this year, including Info Edge cofounder Sanjeev Bikhchandani and Zerodha Broking cofounders Nithin and Nikhil Kamath.