Top 10 richest persons in India in 2022, NB Inspire

India has generated a good number of billionaires, many of them even ranking substantially among the richest persons in the world. Hailing from a variety of industry backgrounds, Indian billionaires have helped build the country's economy in a significant way Wealth is bound to fluctuate under the volatile market conditions, especially since most billionaires have their fortune invested in publicly traded stocks. Here is the latest ranking of 10 richest persons in India in 2022 as per "The World's Real Billionaires 2022' published by Forbes.

1. Gautam Adani And Family

The First in the list of India's richest people, Gautam Adani has a staggering net worth of $126 billion. Gautam Adani controls the Mundra Port, which is the largest in Gujarat. Adani Group has its interests spread across sectors like power generation and transmission real estate, commodities, and infrastructure. In September 2020, Adani Acquired a 74% stake in the second airport of India, the Mumbai International Airport. Adani also owns a coal mining project in Australia known as Abbot Point.

2. Mukesh Ambani

Scoring tenth place among the richest persons in the world in 2022, Mukesh Ambani has $92.3 billion in net worth. The founder and chairman of Reliance Industries has interests across petrochemicals, oil and gas, retail and telecom. The launch of 4G phone services in the market by Reliance in 2016 spiked a price war creating strong whirls and sending several networks out of business. During the COVID-19 lockdown period, Mukesh Ambani sold one-third of JIO to some investors like Google and Facebook raising over $20 billion.

3. Shiv Nadar

Shiv Nadar, the cofounder of HCL ranks in third place among India's richest billionaires with his wealth estimated at $28.7 billion in 2022. HCL started in 1976 manufacturing calculators and microprocessors and today it is among the largest providers of software services in the country with a #102. billion revenue. HCL Technologies has employed 169,000 people across 50 countries. After Shiv Nadar stepped down as the CEO of HCL in 2020, his daughter occupied his seat. Shiv Nadar is currently chairman emeritus. A leading philanthropist in the country, he has given away support causes related to education.

4. Cyrus Poonawalla

Cyrus Poonawalla's net worth stands at $25.8 billion making him the fifth richest person in India in 2022. He founded Serum Institute of India in 1966, which is today the largest vaccine maker in the world in terms of doses. The firm produces more than 1. billion doses of a variety Adar is the CEO of Serum which has also invested around $800 million to build a new factory producing Covid-19 vaccines.

5. Radhakishan Damani

Radhakishan Damani's #20.2 billion net worth places him in the fourth place among India's richest persons. The champion of Avenue Supermarket, he became the retail king of the country after the supermarket chain completed the IPO in March 2017. He started retailing in India with just one supermarket in the suburb of Mumbai. Now the retail chain has over 221 DMart stores across the country, Damani has his stakes in other businesses like the tobacco firm VST and India Cements. He owns the 156-room Radisson Blu Resort in Alibag, which is a famous beachfront getaway near Mumbai.

6. Savitri Jindal and family 

With their $19.9 billion net worth in 2022, Savitri Jindal and family occupy the seventh position among the richest persons in India. The interests of Jindal Group range across power, cement, by Savitri Jindal, window of Om Prakash Jindal who founded the Jindal Group. In 2005, Om Prakash Jindal died in a helicopter crash after which the group's firms were divided under his four sons.

7. Laxmi Mittal

The sixth rank in the list of India's richest persons in 2022 is scored by Laxmi Mittal who has a net worth of $182 billion. He is the chairman of Arcelor Mittal, the largest steel and minig company of the world in terms of output, generating $53.3 billion in revenue. In 2019, Arcelor and Nippon steel acquired Essar steel, earlier controlled by billionaires Ravi Ruia and Shashi. After ceding the firm's CEO position to his son Aditya Mittal, Laxmi Mittal continues to be Arcelor Mittal's executive chairman.

8. Kumar Birla

Kumar Birla is the eighth richest person in India with his $17. net worth. Known as the commodities king, he is the head of the Aditya Birla Group making $46 billion in revenue. The besides offering telecom and finalcial services too. In August 2021, Kumar Birla strapped down as the chairman of Vodafone India, a debt strapped firm after which Idea Cellular and Vodafone India merged in 2018.

9. Dilip Shanghvi

Dilip Shanghvi's $16.3 billion net worth places him in the ninth position among country's richest persons in 2022. In 1983, his father gave him $200 to start Sun Pharma manufacturing psychiatric drugs. Today, the firm is among the nation's leaders in pharmaceutical supplies with an annual revenue of $4.5 billion, Sun Pharma grew through several acquisitions and the notable 2014 in a deal worth $4 billion. Over the recent past, Sanghvi has also invested in oil and gas and renewable energy.

10. Sunil Mittal and family

 The tenth place in the list of India's top 10 richest persons is occupied by Sunil Mittal with his $1.3 billion net worth. Founder and chairperson of Bharti Enterprises, Sunil Bharti Mittal, a first-generation entrepreneur is the owner of India's second-largest telecom company- Bharti Airtel. Mittal is also known to work toward educating India through the Bharti Foundation, the philanthropic arm of Bharti Enterprises.