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Forbes Real Time Billionaires List The World’s Richest People
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Under his visionary leadership, the company grew to become the world’s largest vaccine manufacturer, producing over 1.5 billion doses annually in Pune, India. Shanghvi’s growth trajectory included a significant acquisition of Ranbaxy Laboratories for $4 billion in 2014, marking a transformative step in the company’s evolution. Under his guidance, Sun Pharmaceutical achieved a historic milestone as the first Indian pharmaceutical company to reach a valuation of $5 billion. Savitri Jindal, widow of founder Om Prakash Jindal, chairs the Jindal Group, which focusses on steel, power, cement, and infrastructure. In addition to his business acumen, Mr. Nadar is recognised as a committed philanthropist, exemplified by his substantial donation of Rs. 1,161 crore in late 2022. The company has garnered acclaim for its significant contributions to the IT sector, serving esteemed clients such as Cisco, Microsoft, and Boeing.
Elon Musk
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What billionaire rankings reveal about markets
The value of individuals’ public holdings are updated every 5 minutes when respective stock markets are open (there will be a 15-minute delay for stock prices).
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Facebook co-founder Dustin Moskovitz was the youngest person on the list. However, Nigerian commodity mogul Aliko Dangote was the greatest gainer on a percentage basis as his fortune increased 557 percent to $13.5 billion. In the 25th annual Forbes list of global billionaires, Slim added $20.5 billion to his fortune, the most of anyone, and retained his number one ranking with a total fortune of $74 billion. Making her debut on the list at age 41, Spanx founder Sara Blakely became the youngest self-made female billionaire ever.
- A weaker rupee and 3 percent fall in the Sensex didn’t help either although India’s richest Mukesh Ambani remains a ‘centibillionaire’ with a net worth of $105 billion.
- However, once the dotcom bubble burst the new rich saw their fortunes disappear.
- Facebook founder Mark Zuckerberg, four years after starting the company, joined the list at 23 to become the youngest self-made billionaire.
List of 10 Richest People in India in 2025
Over half of the list is less wealthy compared to the previous year, including Elon Musk, who fell from No. 1 to No. 2. Two-thirds of the list members are wealthier compared to the previous year, including Mark Zuckerberg, whose net worth increased by $112.6 billion. This is an increase of 141 members and $2 trillion from 2023, which held the previous record for the highest net worth gain on the list, surpassing the $900 billion record set in 2022. For the first time, Nvidia CEO and founder Jensen Huang appeared in the top 10.
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Luxury groups enjoyed years of strong pricing power, high margins and global demand from aspirational consumers. The stronger candidate is someone with a large ownership stake in a company that controls a key layer of the AI economy. The companies creating the biggest personal fortunes are no longer only consumer platforms. The most striking feature of the current ranking is the concentration of wealth in technology and AI-linked businesses. Figures are Finance Monthly estimates as of May 2026 and are subject to market movement.
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Overall, just 12 percent of the list lost wealth since 2009, and 30 people fell off the list. The combined net worth of the list was $3.6 trillion, up 50 percent from 2009’s $2.4 trillion, while the average net worth was $3.5 billion. A record 1,210 billionaires made the 2011 list, representing a combined wealth of $4.5 trillion, up from $3.6 trillion the previous year. IKEA founder Ingvar Kamprad was the largest loser as he saw his fortune plummet from $23 billion to $6 billion, dropping him from 11th to 162nd overall.citation needed
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- Finance Monthly’s latest Top 10 ranking shows how strongly global wealth has tilted toward AI, cloud infrastructure, software, semiconductors and platform businesses, while luxury remains exposed to weaker discretionary demand.
- Tesla’s share price can reshape Elon Musk’s fortune in days.
- The top of the rich list is dominated by technology, but the presence of Walmart wealth shows that old-economy scale still matters when it is attached to a business with deep consumer reach and reliable cash generation.
- His son Adar, CEO and a UK-educated businessman, spearheaded an $800 million investment to develop a state-of-the-art facility for COVID-19 vaccine production.
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Ambani’s wealth continues to grow as he diversifies into 5G technology and green energy, solidifying his status not only as the wealthiest Indian but also as a significant player in the global business arena. The ranking lists family fortunes, including those shared among extended families such as the Bajaj and Burman families. India’s billionaires, whose fortunes are closely tied to a rapidly growing economy, saw their wealth decline by 9 percent or $100billion in the 2025 Forbes list of India’s 100 Richest. The strong performance of the financial markets and global economic recovery have erased financial assets losses.
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Warren Buffett of Berkshire Hathaway placed third, while Amancio Ortega of Spain, slipped down a position from the previous year to number four. This was the 16th time that the founder of Microsoft claimed the top spot. The number of billionaires who inherited a portion but were still working to increase their fortunes is 405. Self-made billionaires made up the largest number of people on the list with 1,191 positions (over 65 percent), while just 230 (under 13 percent) had wealth through inheritance.
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► There is no opportunity to win real-world monetary prizes. Finance Monthly delivers authoritative insight into global corporate activity, covering mergers and acquisitions, corporate transactions, private equity, capital markets, and strategic dealmaking. Finance Monthly’s latest Top 10 ranking shows how strongly global wealth has tilted toward AI, cloud infrastructure, software, semiconductors and platform businesses, while luxury remains exposed to weaker discretionary demand. Net worth figures are approximate and can move sharply with share prices, exchange rates, asset sales, dividends, debt levels and changes in private company valuations. At the top of that map are the AI-era tech founders, chipmakers and platform owners whose fortunes are being pushed higher by demand for data centres, cloud infrastructure, automation and machine learning. In 2019, the company, in partnership with Nippon Steel, completed a $5.9 billion acquisition of Essar Steel, previously owned by former billionaires Shashi and Ravi Ruia.
Luxury wealth faces a different test
The ranking should be read as a market snapshot rather than a fixed measure of personal wealth. It shows which industries are attracting capital, which business models are compounding fastest, and where the next great concentration of wealth may already be forming. A change in investor sentiment can lift or erase tens of billions from the wealth of technology founders.
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Mark Zuckerberg, the founder of Facebook, rose to number 16 with $33.4 billion. America’s Evan Spiegel, co-founder of photo messaging app Snapchat, became the youngest billionaire this year at age 24. Larry Ellison, the founder of Oracle, rounded off the top five.
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List of 10 Richest People in India in 2025
Billionaires’ fortunes were hit even harder by the Great Recession; 2009 was the first time in five years that the world had a net loss in the number of billionaires. However, once the dotcom bubble burst the new rich saw their fortunes disappear. In 2001, BET founder Robert L. Johnson became the first ever African-American billionaire. The founders of Google, Sergey Brin and Larry Page, became billionaires at age 30. During the Great Recession, the world’s billionaires lost $2 trillion in net worth and the list became 30% smaller than the previous year’s list.
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A record number of 290 people joined the list for the first time, of whom 25 percent hailed from China, which produced a world-leading 71 newcomers. Larry Ellison, Charles Koch and David Koch also slipped from their previous year’s positions, with Ellison dropping to seventh from fifth, and the Kochs falling to ninth position from sixth. This is the 17th time that the founder of Microsoft had claimed the top spot. The number of billionaires increased 13% to 2,043 from 1,810 in 2016; this was the biggest change in over 30 years of tracking billionaires globally.
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