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Mumbai
+91-22-66210700

142, 14th Floor, Maker Chambers VI, Nariman Point, Mumbai - 400021

SEBI Office: Plot No. C4-A, 'G' Block, Bandra-Kurla Complex, Bandra(East), Mumbai - 400051

Noida
+91-88-60824008

18B106, 18th Floor, Berger Delhi One, Sector 16B, Noida - 201301

SEBI Office: NBCC Complex, Office Tower-1, 8th Floor, Plate B, East Kidwai Nagar, New Delhi – 110023

Bengaluru
+91-80-67433089

815, 8th Floor, The Estate, Regus Business Centre, Dickenson Road, Bengaluru - 560042

SEBI Office: 2nd Floor, Jeevan Mangal Building, No.4, Residency Road, Bengaluru - 560025

Chennai
+91-44-66385532

Workafella No.10, Uthamar Gandhi Salai, Nungambakkam High Road, Nungambakam, Chennai - 600034

SEBI Office: 7th Floor, 756-L, Anna Salai, Chennai - 600002

Kochi
+91-484-4148112

Centre A, 8th Floor, Alapatt Heritage Building, MG Road, Kochi - 682035

SEBI Office: 6th Floor, Finance Tower, Kaloor, Kochi - 682017

Goa
+91-99-23191607

603A, 6th Floor, Dempo Trade Centre, Patto, Panjim, Goa - 403001

SEBI Office: 6th Floor, EDC House, Atmaram Borkar Road, Panaji - 403001, Goa

Hyderabad
+91-81-06712344

WeWork Krishe Emerald – 03B104, Kondapur Main Road, Laxmi Cyber City,

Whitefields, Kondapur, Hyderabad, Telangana 500081

India's Dollar Billionaires - A Study by Fortune and Waterfield Advisors

Fortune India & Waterfield Advisors
14 September 2022 | 5 MINUTE READ

India's progress in its 75 years as an independent nation has been marked by the steady growth of the coveted dollar billionaire club. Today, this club is equivalent to 26.67% of India's $3.1 trillion economy. This fascinating story of wealth calls for a deeper study of this unique community that has traditionally been dominated by family businesses but has lately welcomed the country's new-age entrepreneurs.

To gauge the pulse of India's bustling wealth factory, Waterfield Advisors and Fortune have come together to create our maiden Rich List - a comprehensive ranking of India's richest citizens, on the basis of the wealth they possess. Featuring 142 domiciled billionaires who are collectively worth $832 billion, this list doesn't just reveal the ranking but offers a plethora of insights into the country's billionaire story.

"When I started my entrepreneurial journey as a wealth advisor a decade ago, there were precisely 69 billionaires in the country. A doubling of this number in 10 years is a testament to Asia's rise as the new economic superpower, with India emerging as a major contributor," says Soumya Rajan, Founder & CEO of Waterfield Advisors.

Presenting the maiden Fortune-Waterfield Advisors Rich List.

RankNameFortune Value (Rs cr)Fortune $bnSectorAge
1Gautam Adani1,029,984129.16Diversified60
2Mukesh Ambani754,14994.57Diversified65
3Shapoor Mistry & Cyrus Mistry (Shapoorji Pallonji)257,99432.35Diversified58,54
4Radhakishan Damani219,53227.53Diversified68
5Azim Premji174,92521.94IT77
6Cyrus Soli Poonawalla162,84820.42Pharmaceuticals81
7Shiv Nadar157,36119.73IT77
8Kumar Mangalam Birla153,50319.25Diversified55
9Adi Godrej & family140,31617.60Diversified80
10Shekhar Bajaj, Niraj Bajaj, Rajiv Bajaj & Sanjiv Bajaj121,28415.21Diversified74,67,55,52
11Dilip Shanghvi119,46214.98Pharmaceuticals66
12Sunil B Mittal107,99013.54Telecom64
13Uday Kotak107,35513.46BFSI63
14Madhukar Parekh & family94,77311.88Chemicals76
15Savitri Devi Jindal93,62311.74Steel72
16Mohit Burman & Family81,55910.23Diversified54
17Girdharilal Bawri, Banwarilal Bawri & Rajendra Agarwal71,0648.91Pharmaceuticals75,69,63
18Kushal Pal Singh70,3418.82Realty90
19Hasmukh Chudgar & Family66,4798.34Pharmaceuticals89
20Ashwin Suryakant Dani62,1447.79FMCG79
21RaviKant Jaipuria59,2057.42FMCG67
22Mahendra Chimanlal Choksi53,0126.65FMCG81
23Sudhir Mehta52,8786.63Pharmaceuticals68
24Abhay Arvind Vakil51,5886.47FMCG45
25Murali K Divi51,4946.46Pharmaceuticals71
26Vijay Chauhan50,4306.32FMCG86
27M.M.Murugappa Family & Family49,7546.24Finance66
28Anil Rai Gupta & family48,4476.08Consumer Durables53
29Benu Gopal Bangur & family48,3886.07Cement91
30Dhingra Brothers42,3755.31FMCG74,72
31Dilip & Anand Surana42,3715.31Pharmaceuticals56,51
32Juneja Brothers & Prem Kumar Arora41,6085.22Pharmaceuticals67,57
33Byju Raveendran40,9095.13New Age Tech42
34Vikram Lal & Family40,8395.12Automobile80
35Leena Tewari40,3865.06Pharmaceuticals64
36Harsh & Kishore Mariwala Family39,3434.93FMCG71,87
37Nusli Wadia38,4274.82Diversified78
38Falguni Nayar35,2934.43New Age Tech59
39Rakesh Jhunjhunwala & Family34,9334.38Investing59
40Karsanbhai Patel34,3314.31FMCG78
41Manoj Menda & Raj Menda32,4704.07Realty54,60
42Pankaj Patel & family31,2823.92Pharmaceuticals69
43Muthoot Family30,6203.84BFSI69
44Rahul Bhatia & Family30,1733.78Aviation66
45Yusuf Hamied & family29,9623.76Pharmaceuticals86
46Mangal Prabhat Lodha29,5043.70Realty66
47Pawan Kant Munjal & family27,4983.45Chemicals, Energy66
48Sanjiv Goenka27,0603.39Automobile61
49Arun Bharat Ram27,0003.39Diversified81
50Vivek Jain, Devendra Jain26,8893.37Chemicals68
51Sunder Genomal & Family26,1633.28Retail68
52Ravi Modi25,4083.19Apparels & Textiles45
53Arvind Poddar & Family24,8763.12Auto Ancillaries64
54Inder Thakurdas Jaisinghani24,8523.12Consumer Durables69
55N. R. Narayana Murthy24,0913.02IT75
56Salil Singhal & family24,0453.02Chemicals76
57Shyam & Hari Bhartia23,9813.01Diversified69,65
58Vivek Chaand Sehgal & family23,9783.01Auto Ancillaries65
59Vikas Oberoi23,6282.96Realty51
60Kiran Mazumdar Shaw23,0932.90Pharmaceuticals69
61P.P. Reddy & Family22,8342.86Construction64
62S. Gopalakrishnan22,6682.84IT67
63Sandeep P Engineer22,3982.81Consumer Goods61
64Nirmal K Minda family22,0992.77Auto Ancillaries64
65Satyanarayan Nuwal21,8692.74Chemicals70
66Murlidhar Gyan Chandani & Family21,3432.68FMCG75
67Acharya Balkrishna21,1412.65FMCG50
68Ajay Piramal20,5632.58Diversified67
69Basudeo Singh & Samprada Singh Family20,1252.52Pharmaceuticals81
70GV Prasad & Satish Reddy families19,1052.40Pharmaceuticals61,55
71Sanjeev Bikhchandani18,4452.31New Age Tech59
72Chandru Raheja18,3852.31Realty81
73Rajan Raheja18,3062.30Diversified69
74Venu Srinivasan18,1042.27Automobile69
75Kalanithi Maran18,0092.26Media & Entertainment58
76Yadu Hari Dalmia & family17,8362.24Cement75
77Abhay Firodia17,7792.23Automobile77
78M Satyanarayana Reddy & family17,7362.22Pharmaceuticals65
79Ramesh Kumar & Mukand Lal Dua17,6852.22Retail68,73
80Baba Kalyani & Family17,4392.19Auto Ancillaries73
81R Thyagarajan17,0922.14BFSI84
82RG Chandramogan & family17,0582.14FMCG73
83Rafique A Malik17,0472.14Retail71
84Vinod Saraf16,7962.11Chemicals70
85Pawan Jain, Devendra Jain16,6842.09Chemicals, Entertainment71,43
86Nandan Nilekani16,5782.08IT67
87S Viji16,4202.06Diversified75
88Anu Aga15,9372.00Capital Goods80
89Anurang Jain15,4601.94Auto Ancillaries60
90Samir Jain & family15,2801.92Media & Entertainment68,58
91K P Ramasamy Family15,0651.89Textiles72
92Pratap Reddy & Family14,9741.88Pharma & Healthcare90
93Deshbandhu Gupta family14,5441.82Pharmaceuticals78
94Rajnikant Devidas Shroff14,5311.82Chemicals (Agro)88
95Bhavish Aggarwal14,3861.80New Age Tech36
96Nithin & Nikhil Kamath14,1301.77New Age Tech42,34
97Bhadresh K Shah14,0821.77Capital Goods70
98Noel Naval Tata14,0141.76Diversified65
99Rajinder Gupta13,8311.73Textiles63
100Satish Mehta & Sunil Mehta13,7831.73Pharmaceuticals71,58
101K. Dinesh13,7801.73IT68
102Ashok Ramnarayan Boob13,7111.72Chemicals70
103P.V. Ramprasad Reddy13,6591.71Pharmaceuticals64
104Deepak Chimanlal Mehta and Sailesh Chimanlal Mehta13,4331.68Chemicals65,61
105Manohar Lal & Madhusudan Lal13,0731.64FMCG-
106Chandrakant Vallabhaji Gogri & Family12,9351.62Chemicals76,62
107Ratan Tata12,5941.58Diversified84
108Sunjay Kapur12,4681.56Auto Ancillaries50
109Irfan Razack & family12,2611.54Realty68
110Bajranglal Taparia & family11,8591.49Chemicals89
111Gumani Ram Agarwal family11,8091.48Construction62
112Harsh Goenka11,7531.47Diversified64
113S. D. Shibulal11,4671.44IT67
114Arvind Lal & family11,4451.44Pharma & Healthcare72
115Sanjay Agarwal11,3541.42BFSI51
116Jimmy Naval Tata11,2651.41Diversified81
117Yogesh M Kothari11,2201.41Chemicals73
118Minocher Tata Family11,1271.40Diversified-
119Ajay S Shriram & Family11,0381.38Diversified68
120Atul Ruia10,6751.34Realty51
121Radhe Shyam Agarwal & family10,6071.33FMCG77
122Sushila Devi Singhania & family10,5671.33Cement86
123Prakash Chauhan & Family10,3961.30FMCG75
124K M Mammen10,2991.29Auto Ancillaries80
125Keshub Mahindra & Family10,2921.29Diversified98
126Rahul Gautam10,2421.28Consumer Goods69
127Radhe Shyam Goenka & family10,1171.27FMCG76
128Rajesh Mehta9,8301.23Consumer Goods58
129Chirayu R Amin & family9,7711.23Pharmaceuticals75
130A. Krishnamoorthy9,7371.22Diversified-
131Anand Mahindra & Family9,6891.21Diversified67
132Mannalal B Agrawal & family9,5481.20Pharmaceuticals75
133Balkrishan Gopiram Goenka & family9,4451.18Diversified56
134T T Jagannathan9,4151.18Consumer Durables74
135Sunil S Lalbhai & Family9,2651.16Chemicals62
136GM Rao & family9,0381.13Infrastructure72
137DEVI PRASAD SHETTY8,9981.13Pharma & Healthcare69
138Abhay Soi8,8831.11Pharma & Healthcare49
139Rajesh Sharma & family8,8601.11BFSI51
140Suresh Krishna8,6921.09Auto Ancillaries85
141Premchand Godha8,6051.08Pharmaceuticals75
142Raghu Kumar & Ravi Kumar8,5721.07New Age Tech36
From the Vault

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Your legacy awaits



Topic of Enquiry*:


How did you discover Waterfield?







arrow
Follow Us
linkedin youtube twitter instagram
Offices
Mumbai
+91-22-66210700

142, 14th Floor, Maker Chambers VI, Nariman Point, Mumbai - 400021

SEBI Office: Plot No. C4-A, 'G' Block, Bandra-Kurla Complex, Bandra(East), Mumbai - 400051

Noida
+91-88-60824008

18B106, 18th Floor, Berger Delhi One, Sector 16B, Noida - 201301

SEBI Office: NBCC Complex, Office Tower-1, 8th Floor, Plate B, East Kidwai Nagar, New Delhi – 110023

Bengaluru
+91-80-67433089

815, 8th Floor, The Estate, Regus Business Centre, Dickenson Road, Bengaluru - 560042

SEBI Office: 2nd Floor, Jeevan Mangal Building, No.4, Residency Road, Bengaluru - 560025

Chennai
+91-44-66385532

Workafella No.10, Uthamar Gandhi Salai, Nungambakkam High Road, Nungambakam, Chennai - 600034

SEBI Office: 7th Floor, 756-L, Anna Salai, Chennai - 600002

Kochi
+91-484-4148112

Centre A, 8th Floor, Alapatt Heritage Building, MG Road, Kochi - 682035

SEBI Office: 6th Floor, Finance Tower, Kaloor, Kochi - 682017

Goa
+91-99-23191607

603A, 6th Floor, Dempo Trade Centre, Patto, Panjim, Goa - 403001

SEBI Office: 6th Floor, EDC House, Atmaram Borkar Road, Panaji - 403001, Goa

Hyderabad
+91-81-06712344

WeWork Krishe Emerald – 03B104, Kondapur Main Road, Laxmi Cyber City,

Whitefields, Kondapur, Hyderabad, Telangana 500081