Mukesh Ambani is the richest Indian to increase fortune in 2023 after adding $10 billion to his personal worth

 Mukesh Ambani is the richest Indian to increase fortune in 2023 after adding $10 billion to his personal worth

Mukesh Ambani is the richest Indian to increase fortune in 2023 after adding $10 billion to his personal worth

With a net worth of $24.7 billion, Savitri Jindal, the former chairman of the OP Jindal Group, is the third wealthiest person. Group firms including Jindal Steel, Jindal Steel and Power, and Jindal Energy are the source of her riches. His fortune has increased by $8.93 billion lately.

With a $97.1 billion net worth, Ambani is the 13th wealthiest person in the world and the richest Indian.

Bloomberg statistics indicates that Mukesh Ambani, the chairman of Reliance Industries, gained $9.98 billion in wealth. A number of billionaires in India have had their net worth rise in 2023 as a result of this trend. Ambani is the wealthiest Indian and the 13th richest person in the world, with a net worth of $97.1 billion. His wealth rose as a result of the listing of Jio Financial shares after the demerger and a 9% gain in Reliance Industries and Jio Financial Services stock.

In second place is Shiv Nadar, the founder of HCL Tech, whose net worth climbed by $9.47 billion this year to $34 billion. The IT industry had a difficult year, yet HCL Tech's stock has increased by 41% this year.

With an additional $8.93 billion, Savitri Jindal, the former head of the OP Jindal Group, came in third. Group firms including Jindal Steel, Jindal Steel and Power, and Jindal Energy are the source of her riches. At $24.7 billion, she is the wealthiest Indian lady as well.

The real estate conglomerate DLF, from which Kushal Pal Singh gets his income, is expected to increase by $7.83 billion in 2023 as a result of a 91% increase in DLF's share price. The year was very successful for the real estate sector, with record pre-sales and several new launches. Singh now has a $16.1 billion net worth.

Shapoor Mistry, the 158-year-old owner of the engineering and construction company Shapoorji Pallonji Group, had an increase in his wealth this year of $7.41 billion. Right present, he has a $35.2 billion net worth.

Other billionaires who saw an increase in net worth in 2023 were Mangal Prabhat Lodha Are. Lodha Group ($3.91 billion), Varun Beverages's Ravi Jaipuria ($5.91 billion), Aditya Birla Group's Kumar Mangalam Birla (adding $7.09 billion), and Sunil Mittal of Airtel ($3.62 billion).

However, owing to the abrupt sale of shares in numerous of his enterprises, Gautam Adani, who is presently the second wealthiest Indian, lost $37.3 billion in 2023, the largest wealth drop in history. Adani now has a $83.2 billion total net worth.

Several Adani Group firms' shares, which were sold at the start of the year, have not yet rebounded. Among them are Adani Enterprises, which will lose 26% of its value in 2023; Adani Energy Solutions, which will lose 59% of its value; Adani Green Energy, which will lose 15%; Adani Total Gas, which will lose 72%; Adani Wilmar, which will lose 41%; ACC, which will lose 9%; Ambuja Cements, which will lose 1%; and NDTV, which will lose 23%.

The only other Indian whose fortune decreased was Radhakishan Damani, the owner of the retail brand D-Mart, who lost $187 million. In 2023, the stock of Avenue Supermarts, the corporation that owns D-Mart, remained unchanged.