India’s 10 Richest Billionaires 2021

SectorFinancial Markets
CountryMiddle east

Prosperity rules at the very top: The three richest Indians alone have added just over $100 billion between them. Mukesh Ambani, who has successfully diversified his oil and gas empire into fast-rising sectors such as telecom and retail, reclaimed his spot as Asia's richest person, with a net worth of $84. 5 billion. Infrastructure tycoon Gautam Adani got a staggering $42 billion richer as shares of his companies, including Adani Enterprises and Adani Green Energy, rocketed.

With his fortune up five-fold since 2020, Adani is now the second-richest Indian, a spot previously occupied by retailing king Radhakishan Damani, whose fortune was divided this year. His brother Gopikishan Damani is listed separately for the first time based on new information about his holdings. Adani, who shares Gujarati roots and a deal-making instinct with Ambani, expanded aggressively into airports, unfazed by the travel slowdown. He also secured France's Total, his partner in the gas business, to invest in his renewable energy more...