Ranking of the ten richest people in India 2019

Mukesh Ambani was named the richest person in India with a net worth of over 3.8 trillion Indian rupees. The Indian-born-British business magnate and philanthropist, S.P. Hinduja was named the richest non-resident Indian with a net worth of 1.5 billion rupees that year.

It’s a man’s world

Gender pay gap is a global issue, so it comes as no surprise that women did not feature on the richest Indians list. Interestingly, in a separate ranking of the richest self-made women in India, Kiran Mazumdar-Shaw, the chairperson and managing director of the leading biotechnology company Biocon Limited led the race with a net worth of over 227 billion rupees.

Gender gap in economic participation

From the Forbes 2019 Billionaires List, only 12 women featured in the list of the 100 wealthiest people on the planet. But it is worth noting that all of them acquired their fortune either from inheritance, divorce or a wealthy husband. According to the World Economic Forum’s report on global gender pay gap, the gap in economic participation and opportunity for women was the second-largest across all other sub-indexes. Although the richest men and women may not be directly affected by these indexes, it still speaks for the scarcity of rich women in the world.

Ranking of the ten richest people in India in 2019

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Source

Release date

February 2019

Region

India

Survey time period

as of February 2019

Supplementary notes

Note: One Indian rupee is equal to 0.015 U.S. dollars and 0.013 euros (as of July 2019).

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