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As of April 2023, India has 167 billionaires, which put the country third in the world, after the United States and China. [1] Mukesh Ambani, the chairman and largest shareholder of Reliance Industries, has been the richest Indian for 14 consecutive years. [2] He is currently world's 10th richest person in the world according to Forbes. [3]
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This list is based on the Forbes Global 2000, which ranks the world's 2,000 largest publicly traded companies.The Forbes list takes into account a multitude of factors, including the revenue, net profit, total assets and market value of each company; each factor is given a weighted rank in terms of importance when considering the overall ranking.
Each year, Forbes India issues a list of India's richest people, called the "India Rich List". [1] [2] Since 2008, Mukesh Ambani has been the richest Indian, with his wealth based in Reliance Industries. [3] [4] except for 2022 where Gautam Adani displaced him.
Top 10 companies in India in 2018 by market capitalization. Some companies are part of Conglomerate (company) , which makes the parent company much more valuable than its listed entities. [ 18 ]
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Location of India. India is a country in South Asia. It is the seventh-largest country by area, the second-most populous country (with over 1.4 billion people), [a] and the most populous democracy in the world. The Indian economy is the world's fifth largest by nominal GDP and third largest by purchasing power parity.