Mukesh Ambani, Chairman and Managing Director of Reliance Industries, has maintained his position as India’s wealthiest individual, according to Forbes’ India 100 Richest list for 2025. Despite a decline in his net worth, Ambani remains the country’s only centibillionaire, with an estimated fortune of $105 billion. This marks a 12% decrease from the previous year, attributed to factors such as a weakening rupee and a 3% drop in the Sensex.
Ambani continues to diversify and expand his business empire. Reliance Industries has ventured into artificial intelligence with the launch of Reliance Intelligence and plans to list its telecom arm, Jio, in 2026. Additionally, JP Morgan has valued Reliance Retail at $143 billion and Jio at $135 billion, highlighting the group’s significant presence in the consumer sector.
Following Ambani is Gautam Adani and his family, holding the second spot with a net worth of $92 billion. Adani’s wealth has stabilized after the Securities and Exchange Board of India (SEBI) cleared him of allegations made by U.S. short-seller Hindenburg Research.
The top five positions are rounded out by:
- Savitri Jindal & family – $40.2 billion (Metals & Mining)
- Sunil Mittal & family – $34.2 billion (Telecom)
- Shiv Nadar – $33.2 billion (Technology)
The combined net worth of India’s 100 richest individuals has declined by 9% to $1 trillion, reflecting broader economic challenges. Notably, nearly two-thirds of those on the list have experienced a decrease in their wealth compared to the previous year.
For a comprehensive overview of the rankings and individual profiles, visit Forbes’ official list: