Each year, Forbes India issues a list of India's richest people, called the "India Rich List". Since 2008, Mukesh Ambani has been the richest Indian, with his wealth based in Reliance Industries. except for 2022 where Gautam Adani displaced him.
List YearRichest Net worth in US$ Second richest Net worth in US$ Source 2024 Mukesh Ambani 124 billion Gautam Adani 83 billion 2023 Mukesh Ambani 92 billion Gautam Adani 68 billion 2022 Gautam Adani 150 billion Mukesh Ambani 88 billion 2021 Mukesh Ambani 92.7 billion Gautam Adani 74.8 billion 2020 Mukesh Ambani 88.7 billion Gautam Adani 25.2 billion 2019 Mukesh Ambani 51.4 billion Gautam Adani 15.7 billion 2018 Mukesh Ambani 47.3 billion Azim Premji 21 billion 2017 Mukesh Ambani 38 billion Azim Premji 19 billion 2016 Mukesh Ambani 22.7 billion Dilip Shanghvi 16.9 billion 2015 Mukesh Ambani 18.9 billion Dilip Shanghvi 18 billion 2014 Mukesh Ambani 23.6 billion Dilip Shanghvi 18 billion 2013 Mukesh Ambani 21 billion Lakshmi Mittal 16 billion 2012 Mukesh Ambani 21 billion Lakshmi Mittal 16 billion 2011 Mukesh Ambani 22.6 billion Lakshmi Mittal 19.2 billion 2010 Mukesh Ambani 27 billion Lakshmi Mittal 26.1 billion 2009 Mukesh Ambani 32 billion Lakshmi Mittal 30 billion 2008 Lakshmi Mittal 45 billion Mukesh Ambani 43 billion 2007 32 billion Mukesh Ambani 20.1 billion 2006 Mukesh Ambani 16.56 billion Azim Premji 12.89 billion 2005 Lakshmi Mittal 25 billion Azim Premji 9.3 billion 2004 Lakshmi Mittal 11.2 billion Azim Premji 10 billion 2003 Azim Premji 5.9 billion Kumar Mangalam Birla 2.4 billion 2002 Azim Premji 6.4 billion Kumar Mangalam Birla 2.1 billion 2001 Azim Premji 6.9 billion Dhirubhai Ambani 3.4 billion 2000 Azim Premji 6.9 billion Dhirubhai Ambani 6.6 billion 1999 Azim Premji 2.8 billion Lakshmi Mittal 1.9 billion 1998 Lakshmi Mittal 3.5 billion Dhirubhai Ambani 1.5 billion 1997 Lakshmi Mittal 1.9 billion Dhirubhai Ambani 1.2 billion 1996 Kumar Mangalam Birla 2.1 billion Lakshmi Mittal 1.5 billion
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