Following the epidemic, India’s economy grew significantly, surpassing the United Kingdom to become the world’s fifth-largest, thanks in large part to Gautam Adani. He changed the top-level hierarchy for the first time since 2008. Adani nearly tripled his fortune in 2021 and increased it to $150 billion in 2022, making him the world’s second richest person.
Adani has stated that he will invest $100 billion over the next ten years, with renewable energy accounting for 70% of that total. The Adani Group’s CEO, who has a net worth of 1,211,460.11 crore, owns Gujarat’s largest port, Mundra.
The most significant drag on the Indian stock market from a year ago was a lower rupee, which fell 10% during that time. Despite this, the combined wealth of India’s top 100 earners increased by $25 billion to $800 billion.
Mukesh Ambani, chairman and managing director of Reliance Industries, is ranked second among India’s wealthiest people. His net worth is currently $88 billion, a 5% decrease from 2021. According to estimates, Mukesh Ambani and Gautam Adani account for 30% of the combined wealth of the nation’s richest people.
Radhakishan Damani, the owner of the DMart chain of stores, is the third person on the list. Cyrus Poonawalla of the Serum Institute follows him. Poonawalla has a net worth of $21.5 million.
Cyrus Poonawalla of the Serum Institute follows him. Poonawalla is worth $21.5 billion, while Damani is worth $27.6 billion.
Savitri Jindal, the chairperson of the OP Jindal Group, is the richest woman in India, according to Forbes. She is the country’s only female billionaire, with a net worth of $16.4 billion.
Vijay Shekhar Sharma, whose shares of Paytm parent One97 Communications fell during the global tech crash, is one of the notable drop-offs. The cutoff for the top 100 was $1.9 billion, which is nearly the same as the previous year’s cutoff of $1.94 billion.