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India's Top 100 Billionaires 2025

The Top 100 Billionaires 2025 list, from the stables of Fortune India, is a rigorously curated ranking of Indian wealth leaders whose vision and enterprising spirit is driving India's economic prosperity.
RANKNameVALUE (₹ crore)ChangeVALUE ($ billion)ChangeFLAGSHIP COMPANIES/HOLDINGSSectors
20252024Change (count)20252024₹ crore%20252024$ billion%
110Mukesh Ambani9496881050715-101027-9.62110.74125.15-14.41-11.52Reliance Industries, Jio Financial ServicesDiversified
220Gautam Adani9110581040212-129154-12.42106.23123.9-17.67-14.26Adani Enterprises, Adani Ports & Special Economic Zone, Adani Power, Adani Green Energy, Ambuja Cements, Adani Energy Solutions, Adani Total Gas, AWL Agri Business, ACC, NDTVDiversified
330Shapoor Mistry, Firoz Mistry, Zahan Mistry & family322341364932-42591-11.6737.5943.47-5.88-13.53Tata Sons, Afcons Infrastructure , Sterling & Wilson Renewable EnergyDiversified
484Sunil Mittal & family3153102311768413436.3936.7727.549.2333.52Bharti Airtel, Bharti Hexacom, Indus TowersTelecom
54-1Savitri Devi Jindal288304277588107163.8633.6233.060.551.68JSW Steel, Jindal Steel & Power, JSW Energy, JSW Infra, Jindal Stainless, JSW Holdings, Jindal Saw, JSW Paints, JSW Projects, JSW Cement, JSW Techno Projects, Nalwa Sons Investments, Hexa TradexDiversified
65-1Shiv Nadar*28549727580096973.5233.2932.850.441.34HCL Technologies, HCL InfosystemsIT
76-1Radhakishan Damani227543254479-26936-10.5826.5330.31-3.78-12.47Avenue Supermarts, Bright Star Investments, NSERetail
87-1Dilip Shanghvi & family218963232033-13069-5.6325.5327.64-2.11-7.62Sun Pharmaceutical Industries, Sun Pharma Advanced Research Company, Suzlon EnergyPharmaceuticals, Energy
9134Kumar Mangalam Birla2091661650684409726.7124.3919.664.7324.05Grasim Industries, Hindalco Industries, Essel Mining & Industries, Aditya Birla Fashion & Retail, UltraTech Cement, Aditya Birla Capital, Birla Carbon India, Aditya Birla Real Estate, Century EnkaDiversified
10122Shekhar Bajaj, Niraj Bajaj, Rajiv Bajaj & Sanjiv Bajaj2068861717203516620.4824.1220.453.6717.94Bajaj Finserv, Bajaj Holdings & Investment, Bajaj Auto, Bajaj Electricals, MukandDiversified

NOTE:

  • Dollar billion valuation for 2025 based on USD/INR exchange rate of 85.76 as on June 30, 2025, while the 2024 dollar billion value was based on an exchange rate of 83.96 as on August 16, 2024;
  • In the case of some business houses/individuals, flagship companies refer to largest wealth contributors. Owing to space constraints, other wealth contributors could not be included;
  • *The list features the name of Shiv Nadar as the shareholding period considered for the study was December 2024. The stake was subsequently transferred to his daughter Roshni Nadar on March 6, 2025;
  • ** Following the formal split within the Godrej family, brothers Adi-Nadir and brother-sister duo Jamshyd Godrej-Smita Godrej Crishna have been listed separately on the list.
  • Source: Fortune India Research, Capitaline, BSE, Annual Reports, Tracxn