Mukesh Ambani, chairman and managing director of Reliance Industries Limited (RIL) retained the top position on Forbes' list of India's hundred richest people with a net worth of USD 105 billion.

Mukesh Ambani, chairman and managing director of Reliance Industries Limited (RIL) retained the top position on Forbes' list of India's hundred richest people with a net worth of USD 105 billion.

Gautam Adani and his family retained the second spot with a fortune of USD 92 billion.

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Last month, Gautam Adani received a reprieve when the Securities and Exchange Board of India (SEBI) stated that allegations by Hindenburg Research of fraudulent transactions could not be substantiated.

Notably, JP Morgan valued Reliance Retail at USD 143 billion and Reliance Jio Infocomm at USD 135 billion in its latest assessment.

Savitri Jindal of the OP Jindal Group retained the third position. Telecom tycoon Sunil Mittal was the biggest dollar gainer on the list, with his family wealth rising by USD 3.5 billion to USD 34.2 billion.

However, Savitri Jindal's net worth declined by USD 3.5 billion to USD 40.2 billion. Sunil Mittal advanced three spots to fourth place, a position he last held in 2008.

Shiv Nadar, who was fourth in the previous ranking, slipped to fifth with a net worth of USD 33.2 billion. The total wealth of India's 100 richest individuals fell by 9 per cent, or USD 100 billion, to USD 1 trillion in 2025.

As per the M3M Hurun India Rich List 2025, Ambani reclaimed his position as India's richest individual, with family wealth estimated at USD 105 billion.

Doshi siblings of Waaree Energies marked their debut on the list at No. 37 with a combined fortune of USD 7.5 billion. Waaree Energies, India's largest maker of solar panels by capacity, went public late last year at a 70 per cent premium to its issue price.