Forbes World’s Billionaires List 2024: Indian Billionaires Ranking

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The Forbes World’s Billionaires List 2024 presents a comprehensive overview of the wealthiest individuals globally, highlighting their financial achievements and economic impact. Among the global elite, Indian billionaires have made notable strides, reflecting the country’s growing economic influence.

This year’s list features prominent Indian figures who have not only amassed substantial fortunes but also significantly contributed to various industries. The ranking of Indian billionaires offers insights into the sectors driving wealth creation in India, from traditional industries like petrochemicals to emerging sectors like technology and finance.

Forbes World’s Billionaires List
Forbes World’s Billionaires List

This introduction sets the stage for an in-depth exploration of India’s representation in the 2024 billionaire rankings, showcasing the nation’s expanding footprint in the global economy.

Overview of the 38th Annual World’s Billionaires List

Forbes has released its 38th Annual World’s Billionaires List for 2024, spotlighting the world’s wealthiest individuals. This year, Mukesh Ambani, Chairman and Managing Director (CMD) of Reliance Industries Limited (RIL), stands out as the only Indian in the top 10, securing the 9th position.

The list is topped by Bernard Arnault and family, owners of the French luxury giant LVMH.

Key Highlights

Mukesh Ambani’s Position

  • Global Rank: 9th
  • Net Worth: $116 billion

Youngest Indian Billionaire

Nikhil Kamath

  • Age: 37
  • Position: Co-founder of Zerodha
  • Achievement: Youngest Indian billionaire on the Forbes list

✅Also Read: Top 10 Richest Women in the World in 2024: Wealth Sources, and Impact

Global Wealth and Billionaire Count

Forbes reports a total of 2,781 billionaires across 77 countries. The collective wealth of these billionaires amounts to $14.2 trillion, marking a $2 trillion increase from 2023.

RankCountryNumber of BillionairesCombined Wealth
1USA813$5.7 trillion
2China406$1.3 trillion
3India200$954 billion

Top 10 Billionaires in the World

  1. Bernard Arnault & family (France): $233 billion
  2. Elon Musk (USA): $195 billion
  3. Jeff Bezos (USA): $194 billion
  4. Mark Zuckerberg (USA): $177 billion
  5. Warren Buffett (USA): $133 billion
  6. Bill Gates (USA): $128 billion
  7. Larry Ellison (USA): $114 billion
  8. Steve Ballmer (USA): $121 billion
  9. Mukesh Ambani (India): $116 billion
  10. Larry Page (USA): $114 billion

Top 10 Indian Billionaires

Rank (India)NameNet WorthGlobal Rank
1Mukesh Ambani$116 billion9
2Gautam Adani$84 billion17
3Shiv Nadar$36.9 billion39
4Savitri Jindal & Family$33.5 billion46
5Dilip Shanghvi$26.7 billion69
6Cyrus Poonawala$21.3 billion90
7Kushal Pal Singh$20.9 billion92
8Kumarmangalam Birla$19.7 billion98
9Radhakrishna Damani$17.6 billion107
10Lakshmi Mittal$16.4 billion113

✅ Read Also: Rohit Sharma’s Net Worth 2024, Salary, Brand Endorsements & More

Insights into Billionaire Wealth

The Forbes report indicates a significant growth in the wealth of the world’s billionaires, with the United States leading in both the number of billionaires and total combined wealth. This year’s rankings also highlight the continued rise of Asian economies, particularly China and India, which have substantial representations on the list.

About Forbes

Forbes is an American multinational media company renowned for its extensive coverage of business, investing, technology, entrepreneurship, and leadership topics. The Forbes Billionaires List is a highly anticipated annual publication that offers valuable insights into global wealth distribution and economic trends.

Recent trends

Recent trends indicate a growing influence of tech entrepreneurs in the billionaire rankings, with notable figures like Elon Musk and Mark Zuckerberg maintaining top positions. Additionally, the luxury goods sector, represented by Bernard Arnault, continues to dominate, reflecting the sustained demand for high-end products worldwide.


The Forbes 2024 Billionaires List not only underscores the immense wealth accumulated by the world’s richest individuals but also highlights significant economic trends and the rising influence of emerging markets like India. Mukesh Ambani’s inclusion in the top 10 reaffirms India’s growing economic prowess on the global stage.

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