India’s richest lady, Savitri Jindal, has witnessed a staggering enhance in her wealth by $9.6 billion in 2023. This surpasses even the wealth development of the Ambani and Birla households, in line with knowledge from the Bloomberg Billionaires Index. Mukesh Ambani, the chairman of Reliance Industries (RIL), stays the richest Indian with a complete wealth of $92.3 billion.His fortune elevated by roughly $5 billion in 2023, which is almost half of what Jindal gained, in line with an ET report.
At the age of 73, Savitri Jindal is now the fifth richest Indian and the wealthiest lady within the sub-continent, with a internet price of $25.3 billion. She controls a conglomerate that operates listed firms comparable to JSW Steel, Jindal Steel & Power, JSW Energy, Jindal Saw, Jindal Stainless, and funding firm JSW Holdings.
The OP Jindal Group, which she owns, additionally holds an 83% stake in JSW Infrastructure, a port operator that went public in October this yr. The Jindal household is now contemplating the itemizing of JSW Cement in 2024.Following Jindal, Shiv Nadar of HCL Tech is the second-highest gainer on the listing, together with his internet price hovering by roughly $8 billion to succeed in $32.6 billion. The IT main, of which the promoters personal round 61% stake, has seen its shares soar by 45% in 2023.
Realty tycoon KP Singh of DLF added one other $7 billion to his wealth, bringing his whole internet price to $15.4 billion. The actual property growth in India has contributed to an 83% surge in DLF inventory.
Kumar Mangalam Birla and Shapoor Mistry each witnessed a $6.3 billion enhance of their wealth through the yr.
Mukesh Ambani’s wealth rose by a further $5.2 billion, whereas Sun Pharma MD Dilip Shanghvi noticed his wealth go up by $4.7 billion. Other notable gainers on the listing embody Ravi Jaipuria, MP Lodha, and Sunil Mittal.

In distinction, billionaire Gautam Adani confronted a decline in his fortunes in 2023. Despite some restoration within the share costs of his 10 listed group entities, Adani skilled a internet drop of $35.4 billion in his internet price. However, he stays the second richest Indian with an estimated internet price of $85.1 billion, in line with Bloomberg.
Mukesh Ambani isn’t solely the wealthiest particular person in India but additionally in Asia, rating thirteenth on the worldwide listing with a internet price of $92.3 billion. Adani, however, is the second richest Indian and is positioned at No. 15 on the worldwide listing. Prior to the Hindenburg controversy earlier this yr, Adani held the title of Asia’s richest and was ranked No. 3 on the planet.
The listing of India’s richest billionaires in 2023 additionally contains Azim Premji of Wipro, metal tycoon Lakshmi Mittal, investor and DMart founder Radhakishan Damani, KM Birla, and vaccine mogul Cyrus Poonawalla.