Forbes India Rich List 2020: Mukesh Ambani Remains Wealthiest Indian For 13th Consecutive Year; Gautam Adani Takes Second Spot; Check List

LatestLY 2020-10-19

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Reliance Chairman Mukesh Ambani was named the richest Indian by Forbes for the 13th year with a net worth of $88.7 billion. Despite the COVID-19 crisis, the 100 richest Indians got richer by 14 per cent at $517.5 billion, according to Forbes. Ambani is attributed a large share of the net positives with Reliance having a stellar year. The company raised over $20 billion for Jio and investments in Reliance Retail from big fish like Facebook, Google, Silver Lake among others. Forbes lists Adani Group Chairman Gautam Adani as the second richest Indian again this year with a net worth of $25.2 billion. HCL Tech Chairman Shiv Nadar jumps three spots to become the third richest with a net wealth of $20.4 billion. Forbes also noted the entry of Cyrus Poonawalla of Pune-based Serum Institute of India, which is the world’s largest vaccine producer by the number of doses produced, in top 10.

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