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Mukesh Ambani and India’s 14 other richest people – has the global pandemic affected their wealth?

STORYBusiness Insider
Most of India's billionaires have been losing money during the coronavirus pandemic, with the exception of Mukesh Ambani. The 15 richest people in India are worth a combined US$175.7 billion. Photo: AP/Twitter/AFP
Most of India's billionaires have been losing money during the coronavirus pandemic, with the exception of Mukesh Ambani. The 15 richest people in India are worth a combined US$175.7 billion. Photo: AP/Twitter/AFP
India

Ambani is still the richest man in India by a US$37 billion-lead, but have India’s other billionaires and millionaires held on to their status?

Most of India's richest people lost money in 2019, according to Forbes. Even so, one person has remained firmly at the top of the list of the country's billionaires.

For the 13th year in a row, Mukesh Ambani, the head of oil-gas-telecom conglomerate Reliance Industries, remains the richest person in India in 2020 with an estimated net worth of US$53 billion. He is almost US$37 billion richer than the country's second-richest person, Radhakishan Damani, who controls the “Indian version of Wal-Mart”, according to Forbes.

India's richest 15 people, which include Ambani, pharmaceuticals billionaires and infrastructure tycoons, are worth a combined US$175.7 billion.

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Here are the 15 richest people in India right now, ranked. All net worths are sourced from Forbes.

15. Savitri Jindal

Savitri Jindal is the chairman of Jindal Steel & Power Limited. Photo: @JSPLCorporate/Twitter
Savitri Jindal is the chairman of Jindal Steel & Power Limited. Photo: @JSPLCorporate/Twitter

Net worth: US$4.8 billion

Age: 70

Source of wealth: steel

14. Kuldip Singh and Gurbachan Singh Dhingra

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