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<ul><li><keyword id="1702989" type="PERSON" weightage="20" keywordseo="Byju-Raveendran">Byju Raveendran</keyword>’s net worth stood $1.91billion. </li><li>His fortune from 21% stake his namesake ed-tech startup — Byju’s. </li><li>The startup has been growing at a breakneck speed with its revenue climbing to ₹1,430 crore in FY19</li></ul>Byju Raveendran is the newest entrant into Forbes rich list of 2019. “There are six new faces this year, including Byju Raveendran, the 38-year-old founder of fast-rising edtech unicorn Byju’s,” <a href="http://www.forbesindia.com/article/india-rich-list-2019/india-rich-list-2019-mukesh-ambani-dominates-adani-kotak-make-big-gains/55657/1">wrote</a> Naazneen Karmali from Forbes Asia. The other new faces include Manohar Lal and Madhusudan Agarwal of Haldirams, Rajesh Mehra of Jaquar, and Samprada Singh of Alkem Laboratories. <a href="http://www.forbesindia.com/lists/india-rich-list-2019/1807/all">Byju Raveendran’s net worth stood $1.91billion</a>. His fortune from 21% stake his namesake ed-tech startup — Byju’s. He recently joined<a href="https://www.bloomberg.com/news/articles/2018-12-17/india-s-byju-s-raises-540-million-in-naspers-backed-funding"> India’s billionaire club</a> — thanks to the latest round of $150 million funding from Qatar Investment Authority (QIA). The startup has been growing at a breakneck speed with its revenue climbing to ₹1,430 crore in FY19, <a href="https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/byjus-claims-to-have-tripled-its-revenues-to-rs-1430-crore-in-fy19/articleshow/69590594.cms">according to an Economic Times report.</a> Here's Byju Raveendran’s journey from a school teacher to becoming India’s youngest self-made billionaire: 
	
	
	
	<div type="Slideshow" msid="70550887" hostid="261" title="The remarkable journey of Byju Raveendran from a teacher to a billionaireThe remarkable journey of Byju Raveendran from a teacher to a billionaire" firstImageMsid="70551027" slideCount="6"></div>

Byju Raveendran is the newest face on the Forbes list of 100 richest Indians

ealth does not remain static especially during the fluctuating industry scenario today. India has produced several billionaires who occupy a significant number of slots on the list of wealthiest persons in the world today. Here is the list of the top 10 richest persons in India as per their latest real time Forbes data on 11 October 2021. 1. Mukesh Ambani - $102 billion The wealthiest person in India, Mukesh Ambani of Reliance Industries occupies the Tenth slot in the world’s richest persons’ list. Mukesh Ambani has a net worth of $102 billion. Much of Mukesh’s wealth ensues from the petrochemicals and oil and gas businesses built by his father Dhirubhai Ambani ⁠— a business icon in his own right— but Mukesh is pivoting to more consumer-facing businesses like telecom and retail. Reliance Jio is one of the largest telecom networks in India today and has <a href="https://www.businessinsider.in/business/news/mukesh-ambani-owned-reliance-jio-compared-to-alibaba-and-tencent/articleshow/77059624.cms">already raised over $20 billion in recent months</a> and the next leg of fundraising <a href="https://www.businessinsider.in/business/news/mukesh-ambani-next-goal-seems-to-be-the-retail-king-of-india/articleshow/76953716.cms">will be for retail</a>. 2. Gautam Adani - $71.7 billion Gautam Adani’s net worth as per the latest forbes records is $71.7 billion. He is the Second <keyword id="7413735" type="General" weightage="20" keywordseo="richest-person-in-india" source="Orion">richest person in India</keyword> and ranks 15 on the list of the world’s richest. Apart from Mundra Port, the largest in India, his wealth-generating portfolios include a range of commodities, power generation including renewable energy (like solar farms), and transmission to name a few. 3. Shiv Nadar - $31.5 billion With his $31.5 billion estimated net worth, Shiv Nadar ranks as the third richest person in India. HCL Technologies founded by him is a (₹) 274826 crore (market value) company and one of the largest software services exporters in the world today. With its presence in over 45 countries on the globe, HCL Technologies makes Shiv Nadar claim the 41th slot in the list of world’s richest persons. 4. Radhakishan Damani &amp; Family - $ 22.1 billion Radhakishan Damani’s net worth of $22.1 billion, which makes him the fourth richest person in India today. He occupies the 101 position in the global rich list. Radhakishan Damani is a veteran Mumbai stock market investor who founded <a href="https://www.businessinsider.in/business/news/radhakishan-damani-has-a-string-of-challenges-ahead-of-him-and-falling-profits-at-dmart-dont-help/articleshow/76936913.cms">the supermarket chain DMart </a>which went public in 2017, and eventually went on to be the world’s most-valued retail chain for its unique model that makes the holding company Avenue Supermarts more profitable than many of its peers. 5. Savitri Jindal &amp; Family - $18.6 billion Standing at the 106th position in the world and the richest woman in India is Savitri Jindal, the 70-year-old chair of a multibillion dollar conglomerate, who's worth $18.6 billion. India's women billionaires also include the heads of pharmaceutical, software, and consumer goods companies. 6. Cyrus Poonawalla - $18.2 billion Ranked as the 6th wealthiest person in India, Cyrus Poonawalla has a net worth of $18.2 billion. He founded the Serum Institute of India in 1966 and it is today the largest producer of vaccines for measles, influenza and polio. At present, the company is also co-developing two vaccines for COVID-19 and has a <a href="https://www.businessinsider.in/science/health/news/adar-poomawala-says-oxfords-covid-vaccine-is-expected-to-hit-the-indian-market-in-the-first-quarter-of-2021/articleshow/77107541.cms">significant lead over other similar researches that are underway</a>. In the world’s wealthiest persons list he ranks in the 110th position. 7. Lakshmi Mittal - $ 17.6 billion The Chairman and CEO of ArcelorMittal, Sunil Mittal has a net worth of $17.6 billion and ranks as the Seventh richest person in India. His wealth status positions him in the 115 place on the world’s richest persons list. He is known for turning sick steel producing companies into profitable ventures across the world. He most recently bagged the bankrupt Essar Steel in India, which was owned by the Ruia family. 8. Kumar Birla - $16.1 billion Standing at the 131th position in the world’s richest persons’ list, Kumar Birla has a net worth of $16.1 billion, which makes him the Eighth wealthiest person in India. The head of Aditya Birla Group which he inherits for the fourth generation in row, his group is concerned with producing cement and aluminum alongside retail, telecom and financial services. 9. Uday Kotak - $16.1 billion The founder of Kotak Mahindra Bank, Uday Kotak, occupies the fifth position on the list of India’s richest. With a net worth of $16.1 billion, Kotak takes 132nd place on the world’s richest persons’ list. 10. Dilip Shanghvi - $14.4 billion The tenth richest person in India is Dilip Shanghvi whose latest net worth is $14.4 billion. The founder of Sun Pharma, Dilip Shanghvi has turned his firm into the largest player in the manufacturing of specialty generic drugs. He has also invested in energy and oil ventures. On the world’s richest persons’ list, he ranks in the 146th position. See Also - <a href="https://www.businessinsider.in/business/news/top-10-richest-people-in-the-world/articleshow/74415117.cms">Top 10 richest people in the world</a> <a href="https://www.businessinsider.in/top-10-largest-economies-in-the-world/articleshow/70547252.cms">Top 10 largest economies in the world</a> <a href="https://www.businessinsider.in/finance/news/list-of-top-20-richest-people-in-the-world/articleshow/74475220.cms">Top 20 richest people in the world</a>

Meet the top 10 richest person in India

<ul><li>After a brief period, <keyword id="3820" type="General" weightage="80" keywordseo="mukesh-ambani" source="Orion">Mukesh Ambani</keyword> is back to being the <keyword id="405464" type="General" weightage="20" keywordseo="richest-indian" source="Orion">richest Indian</keyword>.</li><li>The Reliance Industries’ honcho has seen his company’s market capitalisation surge more than 25% in the last three months.</li><li>Mukesh <keyword id="10924" type="General" weightage="100" keywordseo="ambani" source="Orion">Ambani</keyword>’s rival, Gautam Adani, on the other hand, has seen his group companies’ value decline by over 16%.</li></ul>Mukesh Ambani is the richest Indian once again, beating his rival Gautam Adani after several weeks of being in the second position. In the last few months, Gautam Adani had been India’s richest man after a massive surge in Adani Group company stocks. Now, Mukesh Ambani is back to the No.1 position. Ambani regaining the top position is driven by a rebound in the Reliance Industries stock – which is up by more than 25% since early March. <div type="image" title="Reliance Industries 08_03_22 to 03_06_22." msid="91977061" hostid="261" caption="&amp;lt;p&amp;gt;Reliance Industries share price&amp;lt;/p&amp;gt;"></div> According to the Forbes rich list, Mukesh Ambani’s wealth stood at $104.4 billion, gaining $6.2 billion in the last one day. On the other hand, Gautam Adani’s wealth stood at $100.7 billion. According to Bloomberg Billionaires Index, Ambani’s wealth stood at $99.7 billion, while Gautam Adani’s stood at $98.7 billion. Adani now stands at the 9th place – <a href="https://www.businessinsider.in/business/news/gautam-adani-is-now-as-wealthy-as-bill-gates/articleshow/91115934.cms">a little over a month ago, he was tied with Bill Gates as the fourth richest person in the world</a>. Just a few days ago, Adani crashed out of the $100 billion club. Since his peak, Adani has lost nearly $25 billion in wealth, but he still has <a href="https://www.businessinsider.in/thelife/personalities/news/gautam-adani-crashes-out-of-the-100-billion-club-but-still-is-10x-richer-than-he-was-2-years-back/articleshow/91807766.cms">10 times more wealth</a> than what he had two years ago. <cmsannotation type="cmsannotation" annotationid="Mukesh Ambani added an average of $2 billion wealth per month in 2022" comment="subhead" text="Mukesh Ambani added an average of $2 billion wealth per month in 2022">Mukesh Ambani added an average of $2 billion wealth per month in 2022</cmsannotation> According to Forbes, Mukesh Ambani is the sixth richest person in the world, adding $10 billion to his wealth in the first five months of 2022. Born in Yemen, Ambani took over the reins of Reliance Industries from his father Dhirubhai Ambani in 2002, after the latter passed away. Since then, the share price of Reliance Industries has surged from ₹42 to ₹2,800 today, with several instances of bonus shares and stock splits during the period. Both Adani and Ambani run conglomerates with interests across multiple sectors within and outside India. Ambani's interests include energy, telecom, retail and media. He is also looking to expand his interests in high-end tech innovation that can transform both his consumer-facing businesses. Adani, on the other hand, has been strengthening his FMCG brands with a legacy in power, infrastructure - and has recently added cement and media to the many interests that he holds. SEE ALSO: <a href="https://www.businessinsider.in/business/news/mukesh-ambani-sets-sights-on-defence-showcases-made-in-india-software-for-aircraft-design/articleshow/91959787.cms">Mukesh Ambani sets sights on defence – showcases Made in India software for aircraft design</a> <a href="https://www.businessinsider.in/thelife/personalities/news/gautam-adani-crashes-out-of-the-100-billion-club-but-still-is-10x-richer-than-he-was-2-years-back/articleshow/91807766.cms">Gautam Adani crashes out of the $100 billion club, but still is 10x richer than he was 2 years back</a> <a href="https://www.businessinsider.in/business/news/gautam-adani-is-now-as-wealthy-as-bill-gates/articleshow/91115934.cms">Gautam Adani is now as wealthy as Bill Gates – rally in Adani group</a>

Mukesh Ambani gets his ‘richest Indian’ crown back with a wealth of $104.4 billion

Reuters/Amit Dave <keyword id="3820" type="PERSON" weightage="20" keywordseo="Mukesh-Ambani">Mukesh Ambani</keyword> gets approximately $31,202 richer every minute. <ul class="summary-list"><li>Indian businessman Mukesh Ambani is <a href="https://www.businessinsider.com/ambani-richest-family-in-asia-india-lifestyle-home-wedding-photos-2018-12">worth about $60 billion</a>, making him the richest person in India and all of Asia.</li><li>Forbes ranked <a href="https://www.forbes.com/sites/gracechung/2017/11/14/asia-richest-billionaire-families-2017-ambani-lee-kwok/#40d2fec62655">the Ambanis the richest family in Asia</a> in 2017.</li><li>Ambani, the chairman and largest shareholder of oil-to-telecom conglomerate Reliance Industries, is almost four times richer than <a href="https://www.forbes.com/profile/shiv-nadar/?list=rtb/">the second-richest person in India</a>.</li><li>Ambani and his family live in <a href="https://www.businessinsider.com/most-expensive-home-in-the-world-2014-5">a 27-story skyscraper in Mumbai</a> that cost an estimated $1 billion to build, which would make it one of the most expensive homes anywhere in the world.</li><li><a href="https://www.businessinsider.com/?hprecirc-bullet">Visit Business Insider's homepage for more stories.</a></li></ul>Mukesh Ambani has been <a href="https://www.businessinsider.com/wealthy-indians-losing-money-mukesh-ambani-getting-richer-2019-10">India's richest person for 12 years</a> in a row. He's also the richest person in all of Asia, according to both Forbes and Bloomberg. The Indian businessman, the chairman and majority shareholder of <a href="https://www.businessinsider.com/ambani-richest-family-in-asia-india-lifestyle-home-wedding-photos-2018-12">$100 billion conglomerate Reliance Industries</a>, is <a href="https://www.businessinsider.com/ambani-richest-family-in-asia-india-lifestyle-home-wedding-photos-2018-12">worth about $60 billion</a>, making him the 14th-richest person in the world. Ambani's wealth has more than doubled in the past 10 years, and he continued to grow richer in 2019 even as most of India's richest people lost money. Here are nine mind-blowing facts that show just how wealthy Asia's richest man really is.

9 mind-blowing facts that show just how wealthy Mukesh Ambani, the richest person in Asia, really is

Here’s how long it will take the world’s richest billionaires to become trillionaires

Asia, home to some of the world's fastest-growing economies, is also a breeding ground for remarkable success stories. In 2023, Asia's wealthiest individuals continue to amass extraordinary fortunes, shaping the region's economic landscape. Here's a glimpse of the top ten <keyword id="7413734" type="General" weightage="20" keywordseo="richest-people-in-asia" source="Orion">richest people in Asia</keyword>, their home countries, and their net worth in billions of US dollars. 1. <keyword id="3820" type="PERSON" weightage="20" keywordseo="Mukesh-Ambani" source="Orion">Mukesh Ambani</keyword> - India (Net Worth: $91.4 Billion) Mukesh Ambani, the chairman and largest shareholder of Reliance Industries, stands atop the list of Asia's richest individuals. His diverse business empire, which includes telecommunications, petrochemicals, and retail, has made him one of the most influential figures in the region. 2. Zhong Shanshan - China (Net Worth: $61.3 Billion) Zhong Shanshan, known as the "Lone Wolf" for his solitary and determined entrepreneurial journey, is the founder of Nongfu Spring, a leading bottled water company, and Beijing Wantai Biological Pharmacy. His swift rise to wealth has been noteworthy. 3. Gautam Adani - India (Net Worth: $53.2 Billion) Gautam Adani, the chairman of the Adani Group, is a prominent figure in India's infrastructure and energy sectors. His conglomerate has expanded significantly, with interests in renewable energy, ports, and logistics. 4. Zhang Yiming - China (Net Worth: $43.4 Billion) Zhang Yiming is the founder of ByteDance, the tech company behind the global sensation TikTok. His innovative approach to content creation and social media has made him one of the wealthiest tech entrepreneurs in Asia. 5. Colin Zheng Huang - China (Net Worth: $37.4 Billion) Colin Zheng Huang, the founder and CEO of Pinduoduo, a leading Chinese e-commerce platform, has redefined online shopping and garnered massive success in a competitive market. 6. Li Ka-shing - Hong Kong (Net Worth: $37.1 Billion) Li Ka-shing, often referred to as "Superman" in Hong Kong, has a diversified business portfolio, including real estate, utilities, and telecommunications. His influence extends far beyond Hong Kong, making him one of Asia's wealthiest tycoons. 7. Tadashi Yanai and Family - Japan (Net Worth: $35.3 Billion) Tadashi Yanai, the founder and chairman of Fast Retailing, which owns the popular clothing brand Uniqlo, has seen his fortune grow consistently. His contributions to the fashion industry are globally recognized. 8. William Ding - China (Net Worth: $33.4 Billion) William Ding is the founder of NetEase, a Chinese technology company known for its online gaming and e-commerce services. His pioneering work in the tech sector has been integral to his financial success. 9. Ma Huateng - China (Net Worth: $33.3 Billion) Ma Huateng, better known as "Pony" Ma, is the co-founder and chairman of Tencent Holdings. Tencent is a tech giant that has made significant strides in areas like social media, gaming, and artificial intelligence. 10. Shiv Nadar - India (Net Worth: $29.1 Billion) Shiv Nadar, the co-founder and chairman emeritus of HCL Technologies, has been instrumental in establishing one of India's leading IT services companies. His entrepreneurial journey and contributions to the tech industry have earned him a spot among Asia's wealthiest. These individuals, hailing from diverse backgrounds and industries, are a testament to the entrepreneurial spirit and economic dynamism of Asia. As they continue to shape their respective sectors and influence regional and global economies, their wealth underscores the remarkable opportunities and challenges the continent has to offer in the ever-evolving world of business and finance.

Here are the top 10 richest people in Asia

<ul><li>All the 100 richest people named by Forbes together are worth $452 billion. </li><li>However, his year’s total fortune of the 100 richest people is 8% more than last year.’ </li><li>Mukesh Ambani<a href="https://www.businessinsider.in/meet-the-ambanis-the-richest-family-in-asia-who-live-in-a-1-billion-skyscraper-and-mingle-with-royals-politicians-and-bollywood-stars/articleshow/67150327.cms"> remains the richest person in India</a> with a total net worth of $51.4 billion. </li></ul>The top 100 richest people in India together hold a fortune of $452 billion — that’s 16.58% of the country’s GDP. According to World Bank, India’s GDP was $2.76 trillion in 2018 and its per capita income is $1,670 per annum. Mukesh Ambani adds over $4 billion to his wealth According to the <keyword id="727662" type="ORGANIZATION" weightage="20" keywordseo="Forbes-India-Rich-List">Forbes India rich list</keyword> 2019, this year’s total fortune of the 100 richest people is 8% less than last year. Mukesh Ambani<a href="https://www.businessinsider.in/meet-the-ambanis-the-richest-family-in-asia-who-live-in-a-1-billion-skyscraper-and-mingle-with-royals-politicians-and-bollywood-stars/articleshow/67150327.cms"> is the richest person in India</a> with a total net worth of $51.4 billion. He added $4.1 billion after the success of Reliance’s flagship telecom business— Jio. The venture which started in 2016 <a href="https://www.businessinsider.in/reliance-jio-subscribers-cross-330-million-and-profits-jump/articleshow/70295851.cms">added over 330 million subscribers. </a> Ambani is followed by <a href="https://www.businessinsider.in/gautam-adanis-wealth-multiplied-nearly-3-times-in-the-last-four-years/articleshow/71304596.cms">Gautam Adani</a>, the promoter of Adani group, who<a href="http://www.forbesindia.com/article/india-rich-list-2019/india-rich-list-2019-mukesh-ambani-dominates-adani-kotak-make-big-gains/55657/1"> jumped</a> from position 8 in 2018 to 2 this year. Hinduja brothers came in at the third position. Their networth has dropped from $19.5 billion in 2018 to $15.6 billion in 2019. Forbes placed Pallonji Mistry ($14.4), the owner of the 154-year-old Shapoorji Pallonji Group at fourth position. <a href="https://www.businessinsider.in/thelife/personalities/news/uday-kotak-richest-asia-banker-4x-growth-in-wealth-in-10-years/articleshow/71516598.cms">Uday Kotak,</a>who is among the three gainers on the list, took the fifth position. <a href="http://www.forbesindia.com/article/india-rich-list-2019/india-rich-list-2019-mukesh-ambani-dominates-adani-kotak-make-big-gains/55657/1">He added $4 billion to his wealth</a> thanks to a 39% increase in the value of his stake in Kotak Mahindra Bank. India’s per capita income is $148 a month A government report earlier stated that India’s per capita income is around <a href="https://timesofindia.indiatimes.com/business/india-business/indias-per-capita-income-rises-10-to-rs-10534-a-month-in-fy19/articleshow/69601770.cms">$148 (₹10,534) in FY 19</a>. This comes after a Credit Suisse report highlighted the inequality in wealth distribution in India. According to the 2018 report , 77.4% of India’s wealth is in the hands of 10% of its population.And, 1% of the richest of India control more than 51% of the country’s wealth. “While wealth has been rising in India, not everyone has shared in this growth. There is still considerable wealth poverty, reflected in the fact that 91% of the adult population has wealth below $10,000. At the other extreme, a small fraction of the population (0.6% of adults) has a net worth over $100,000,” said Credit Suisse. Billionaires lost more than $1 billion because of economic slowdown Most of the people on the list have lost fortune except for Ambani, Adani and Kotak. The net worth of half the listees shrank because of the current economic slowdown. As many as 14 people on the list lost more than $1 billion, reported Forbes. However, the total wealth held by all the 100 people, is still more than India’s per capita income. See more: <a href="https://www.businessinsider.in/thelife/personalities/news/byju-raveendran-is-newest-and-youngest-face-on-the-forbes-list-of-100-richest-indians/articleshow/71537667.cms">Byju Raveendran is the newest face on the Forbes list of 100 richest Indians</a> <a href="https://www.businessinsider.in/thelife/personalities/news/savitri-jindal-kiran-mazumdar-shaw-and-leena-tiwari-the-only-three-women-on-forbes-list-of-100-richest-indians/articleshow/71538301.cms">Savitri Jindal, Kiran Mazumdar Shaw and Leena Tiwari — the only three women on Forbes list of 100 richest Indians</a> <h1 style="line-height:1.38;margin-top:20pt;margin-bottom:6pt;"><a href="https://www.businessinsider.in/thelife/personalities/news/uday-kotak-richest-asia-banker-4x-growth-in-wealth-in-10-years/articleshow/71516598.cms">Uday Kotak, Asia's richest banker, multiplied his wealth four times in a decade</a> </h1>

India's 100 wealthiest people together are worth $452 billion

<div class="KonaFilter image-container display-table"><div><div class="image on-image">Indranil Aditya/NurPhoto via Getty ImagesJio, the telecom company that belongs to India's richest man, has quickly become one of the country's biggest mobile carriers.</div></div></div><ul class="summary-list"><li>Forbes released its 2019 ranking of <a href="https://www.forbes.com/india-billionaires/list/#tab:overall">India's 100 Richest People.</a></li><li><a href="https://www.forbes.com/sites/naazneenkarmali/2019/10/10/indias-richest-2019-fortune-favors-a-few-as-growth-slows/#6e4539cc6567">More than half of the country's richest people lost money</a> in 2019 as economic growth slowed.</li><li>India's richest man, on the other hand, <a href="https://www.businessinsider.com/ambani-richest-family-in-asia-india-lifestyle-home-wedding-photos-2018-12">Mukesh Ambani,</a> added $4.1 billion to his fortune.</li><li>The 62-year-old chairman of oil-gas-telecom conglomerate Reliance Industries is <a href="https://www.forbes.com/profile/mukesh-ambani/?list=india-billionaires#5eb70d41214c">worth an estimated $52.7 billion.</a></li><li>The automobile and consumer goods industries suffered, but Ambani's wealth has grown this past year largely thanks to his three-year-old telecom company, Jio, which now has 340 million subscribers, according to Forbes.</li><li><a href="https://www.businessinsider.com/?hprecirc-bullet">Visit Business Insider's homepage for more stories.</a></li></ul>India's economic growth has slowed, and the country's richest people haven't been spared the effects. Forbes released its 2019 ranking of <a href="https://www.forbes.com/india-billionaires/list/#tab:overall">India's 100 Richest People,</a> and it showed that <a href="https://www.forbes.com/sites/naazneenkarmali/2019/10/10/indias-richest-2019-fortune-favors-a-few-as-growth-slows/#6e4539cc6567">more than half of India's richest people lost money in 2019.</a>"Under the Narendra Modi-led government, which returned to power for a second term with a thumping majority in May, economic growth slowed to 5%, a six-year low," Naazneen Karmali wrote for Forbes.According to Karmali, the automobile and consumer goods industries were hit particularly hard, with layoffs and production cuts. Fourteen of India's richest lost at least $1 billion, and nine of last year's richest didn't make this year's list. The country's richest man, however, got even richer despite the economic turmoil. Mukesh Ambani, who runs the oil-gas-telecom conglomerate Reliance Industries, added $4.1 billion to his net worth.<div class="KonaFilter image-container display-table"><div><div class="image on-image">Reuters/Amit DaveMukesh Ambani is the head of Reliance Industries, one of India's most valuable companies.</div></div></div>The 62-year-old is now <a href="https://www.forbes.com/profile/mukesh-ambani/?list=india-billionaires#3f0d2f2b214c">worth an estimated $52.7 billion</a>, making him the <a href="https://www.businessinsider.com/ambani-richest-family-in-asia-india-lifestyle-home-wedding-photos-2018-12">15th-richest person in the world.</a> Ambani has now been India's richest man for 12 years in a row. The Ambani family is known for <a href="https://www.businessinsider.com/ambani-richest-family-in-asia-india-lifestyle-home-wedding-photos-2018-12">living in a lavish, 27-story skyscraper in Mumbai</a> that cost an estimated $1 billion to build. The weddings of two of Ambani's children, in December 2018 and March 2019, were attended by the likes of Google CEO Sundar Pichai, Hillary Clinton, actress Priyanka Chopra, and Bollywood star Shah Rukh Khan.Read more: <a href="https://www.businessinsider.com/ambani-richest-family-in-asia-india-lifestyle-home-wedding-photos-2018-12">Mukesh Ambani is India's richest man for the 12th year in a row. Meet the Ambanis, Asia's wealthiest family, who live in a $1 billion skyscraper and mingle with royals and Bollywood stars.</a>The next-richest Indian, <a href="https://www.forbes.com/profile/gautam-adani/?list=india-billionaires#396ba11b1608">Gautam Adani, is worth an estimated $15.7 billion.</a> That may be a whopping $37 billion less than Ambani, but Adani rose eight spots in the past year to become the second-richest man in India. The infrastructure and coal mining billionaire got approval in 2019 to start work on a coal mine in Australia after waiting nine years, according to Forbes. Adani also controls India's largest port, Mundra Port.While most Indian billionaires - with exceptions such as Ambani and Adani - lost money in the past year, <a href="https://www.businessinsider.com/french-billionaires-money-luxury-goods-demand-china-arnault-pinault-2019-7">billionaires in France made more money than their counterparts</a> anywhere else in the world, as Taylor Nicole Rogers reported for Business Insider.The personal fortunes of French billionaires <a href="https://www.bloomberg.com/news/articles/2019-07-01/france-s-richest-people-get-richer-faster-than-everyone-else">grew more than twice as fast</a> as those of American and Chinese billionaires in the first half of 2019, Bloomberg's Alexander Sazonov reported in July, mainly thanks to China's growing desire for luxury goods. Take <a href="https://www.businessinsider.com/who-is-bernard-arnault-richest-person-in-europe-lvmh-life-photos-2019-1">Bernard Arnault, France's richest person</a> and the third-richest in the world, who runs LVMH, the world's largest maker of luxury goods. Last week, Arnault made $5.1 billion in less than 48 hours - and <a href="https://www.businessinsider.com/lvmh-ceo-bernard-arnault-massive-fortune-growing-billionaire-2019-7#3-arnault-is-officially-one-of-only-six-people-to-ever-rank-no-2-on-forbes-list-of-the-richest-billionaires-3">he's now made more money in 2019</a> than any other person listed in the Bloomberg Billionaires Index. <div class="margin-top"> <h3>NOW WATCH: <a href="https://www.businessinsider.com/what-is-impeachment-process-president-congress-constitution-2017-2">Columbia Law School professor explains exactly how impeachment works, and what it takes for a president to be impeached</a></h3> <div> </div> </div>

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Mukesh Ambani gets his ‘richest Indian’ crown back with a wealth of $104.4 billion

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India's 100 wealthiest people together are worth $452 billion

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More than half of India's 100 richest people lost money in the past year, but the country's richest man got $4 billion richer.

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Mukesh Ambani added ₹90 crore per hour to his wealth in the last six months, says Hurun report

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