Mukesh Ambani, Chairman of Reliance Industries, is the richest person in India in 2026 with an estimated net worth of approximately $115 billion (about ₹9.5 lakh crore). He leads Reliance Industries, which owns Jio, Reliance Retail, and a massive petrochemicals business.
How many billionaires does India have?
India has approximately 180 billionaires as of 2026, making it the third-largest billionaire population in the world after the USA and China. The number has grown significantly over the last decade driven by tech, finance, and consumer businesses.
Who is the richest woman in India?
Falguni Nayar, founder and CEO of Nykaa, is widely considered India's richest self-made woman with a net worth of approximately $5 billion. She founded Nykaa at age 50 and led its landmark IPO in 2021.
How did Mukesh Ambani get rich?
Mukesh Ambani built his wealth through Reliance Industries, which was co-founded by his father Dhirubhai Ambani. He expanded the business from petrochemicals and refining into telecom (Jio), retail (Reliance Retail), and digital services. The 2016 launch of Jio disrupted India's entire telecom sector and added enormously to his net worth.
Is India's rich-poor gap growing?
Yes. According to Oxfam India reports, wealth inequality in India has grown significantly. The top 1% of Indians hold over 40% of the nation's wealth, while over 50% of the population holds less than 3%. The billionaire count has surged post-pandemic, while rural poverty and unemployment remain persistent challenges.
Net worth figures are estimates sourced from publicly available data, Forbes, Bloomberg, and Hurun reports. They are for informational purposes only and may not reflect real-time valuations. WorthScale is not a financial advisory service.