Mukesh Ambani drops out of world’s top 10 richest persons list, retains Asia’s wealthiest person tag - check list

TOI Business Desk / TIMESOFINDIA.COM / Mar 27, 2025, 13:26 IST

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Mukesh Ambani, Chairman of Reliance Industries, faced a significant drop in wealth, exiting the global top 10 richest list due to rising debt levels. However, he remains Asia's richest person. Elon Musk became the world's wealthiest with $420 billion net worth.

Mukesh Ambani drops out of world’s top 10 richest persons list, retains Asia’s wealthiest person tag - check list

The Reliance Industries chairman has experienced a decline in wealth due to challenges in the company's energy and retail sectors.

Hurun Global Rich List 2025: Reliance Industries' Mukesh Ambani has slipped from the global top 10 wealthiest individuals list as his fortune decreased by Rs 1 lakh crore compared to the previous year, attributed to increased debt levels. Nevertheless, he maintained his position as Asia's wealthiest individual.
Elon Musk, the CEO of Tesla, secured the position of world's wealthiest person with his net worth increasing by 82%, or $189 billion, to reach $420 billion.
HCL's Roshni Nadar and family achieved a significant milestone, becoming the fifth wealthiest woman globally with a net worth of Rs 3.5 lakh crore. She became the first Indian woman to reach the global top 10 women's list after receiving a 47% stake transfer in HCL from her father, Shiv Nadar.
According to an ET report, the Reliance Industries chairman has experienced a decline in wealth due to challenges in the company's energy and retail sectors. The conglomerate faces difficulties from decreased sales growth and debt concerns whilst transitioning towards digital platforms, renewable energy, and retail expansion.

Top 10 Richest Persons in India 2025

Rank	Name	Wealth (INR Lakh Cr)	Change % YoY	Company	Age	City of Residence
1	Mukesh Ambani & family	8.6	-13%	Reliance Industries	67	Mumbai
2	Gautam Adani & family	8.4	13%	Adani	62	Ahmedabad
3	Roshni Nadar & family	3.5	New	HCL	43	New Delhi
4	Dilip Shanghvi & family	2.5	21%	Sun Pharmaceutical Industries	69	Mumbai
5 ↑	Azim Premji & family	2.2	Revalued	Wipro	79	Bengaluru
6 ↑	Kumar Mangalam Birla & family	2	28%	Aditya Birla	57	Mumbai
6 ↓	Cyrus S Poonawalla & family	2	-8%	Serum Institute of India	83	Pune
8	Niraj Bajaj & family	1.6	12%	Bajaj Auto	70	Mumbai
9 ↓	Ravi Jaipuria & family	1.4	7%	RJ Corp	70	New Delhi
10	Radhakishan Damani & family	1.4	-11%	Avenue Supermarts	69	Mumbai

In India's wealthy circle, whilst the Ambanis remained leaders, Adani emerged as the country's largest wealth gainer in absolute terms on the Hurun Global Rich List 2025, showing a remarkable increase of nearly Rs 1 lakh crore in net worth.
Beginning as a commodities trader, Adani developed his business empire. Prior to Hindenburg's report, the school drop-out had risen to become Asia's wealthiest person, with diverse interests across ports, power generation, airports, mining, renewables, media and cement.
Meanwhile, Dilip Shanghvi of Sun Pharmaceutical Industries saw his wealth increase by 21% to Rs 2.5 lakh crore, advancing to fifth position.

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TOI Business Desk

The TOI Business Desk is a vigilant and dedicated team of journalists committed to delivering the latest and most relevant business news from around the world to readers of The Times of India. The primary focus of the TOI Business Desk is to keep a watchful eye on the global business landscape, covering a wide spectrum of industries, markets, economic trends, in-depth analysis, exclusive reports and breaking stories that impact businesses and economies. With a mission to provide valuable insights and updates, the desk ensures that TOI readers are well-informed about the ever-changing and dynamic world of commerce and can navigate the complexities of the business world.

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