Top 10 Richest NRI's In The World In 2024
Here are the top 10 richest NRI’s in the world in 2024.
1. Vinod Shantilal Adani and Family (Residing in Dubai)
Vinod Shantilal Adani and his family claim the top spot on the list of the wealthiest Non-Resident Indians (NRIs) in 2024, boasting a staggering wealth of ₹1.69 lakh crore. Their primary source of affluence is the Adani Group, a conglomerate with diverse business ventures in India and abroad. The Adani Group's combined market capitalization soared to ₹22.25 lakh crore in September 2022, surpassing even industry giants like Tata Group and Reliance Industries.
2. SP Hinduja and Family (Residing in London)
Securing the second position is SP Hinduja and family, with an estimated wealth of ₹1.65 lakh crore. As the chairman and primary shareholder of the Hinduja Group of Companies, SP Hinduja resides in London. His consistent presence on the list of the wealthiest individuals in the UK and Asia since the 1990s underscores the family's enduring financial success. Forbes recognized Hinduja and family as the 12th richest family in Asia in 2017.
3. LN Mittal and Family (Residing in London)
Taking the third spot is LN Mittal and family, residing in London, with an estimated wealth of ₹1.52 lakh crore. Forbes ranked Mittal as the third richest person globally in 2005. As the chairman of ArcelorMittal and a stakeholder in Queens Park Rangers, Mittal has maintained his influence. In 2015, he secured the 55th position on Forbes' list of the world's most powerful people and the 6th position on Forbes India's Richest List 2021.
4. Jay Chaudhry (Residing in San Jose)
In fourth place is Jay Chaudhry, an Indian-American billionaire with a wealth of ₹70,000 crore. Based in San Jose, Chaudhry is the founder and CEO of Zscaler. His company's public offering in 2018 catapulted him into the billionaire club, and he claimed the 45th position on the 2021 Forbes list of the 400 richest people in the United States.
5. Anil Agarwal and Family (Residing in London)
Anil Agarwal and family, residing in London, secure the fifth position on the Hurun list with an estimated wealth of ₹58,600 crore. Anil Agarwal, the chairman and founder of Vedanta Resources, controls the conglomerate through Volcan investments, maintaining a 100% stake in the business.
6. Yusuff Ali MA (Residing in Abu Dhabi)
Ranking sixth on the list is Abu Dhabi-based Yusuff Ali MA, with an estimated wealth of ₹54,700 crore. As the chairman and managing director of Lulu Group International, Yusuff Ali oversees the Lulu Hypermarket chain, which spans the globe and employs the largest number of Indians outside of India. The company operates across three continents.
7. Shapoor Pallonji Mistry (Deceased)
The late Shapoor Pallonji Mistry claims the seventh spot with an estimated wealth of ₹54,300 crore. Former chairman of the Shapoorji Pallonji Group, Mistry's family's major asset is its stake in Tata Sons, the holding company of the Tata Group.
8. Sri Prakash Lohia (Residing in London)
Residing in London, Sri Prakash Lohia, the founder and chairman of Indorama Corporation, holds the eighth position with a wealth of ₹48,600 crore. Indorama Corporation, a petrochemical and textile company, boasts diversified interests, and Lohia was ranked 403rd on the Forbes World's Billionaires List 2022.
9. Rakesh Gangwal and Family (Residing in McLean)
Rakesh Gangwal and his family, residing in McLean, secure the ninth spot with an estimated wealth of ₹29,400 crore. The Indian-American entrepreneur is the co-founder of IndiGo airline, where he currently holds a 37% stake. In April 2022, Gangwal donated ₹100 crore to IIT-Kanpur to establish a school of medical sciences and technology. In 2021, he featured on the Forbes 400 list.
10. Vivek Chaand Sehgal and Family (Residing in Melbourne)
Closing the list at the tenth position is Vivek Chaand Sehgal and family, residing in Melbourne, with an estimated wealth of ₹26,300 crore. The Indo-Australian billionaire entrepreneur is the co-founder of the auto parts manufacturer Samvardhana Motherson International Group. Teaming up with Sumitomo Electric, the company successfully acquired eleven companies within twelve years.