Top 10 Richest People in Mumbai in 2025 

1. Mukesh Ambani

Mukesh Ambani is still the richest citizen in Mumbai and India in 2025, having a side of net worth of 115 billion dollars. He is the chairman of Reliance Industries, which functions in oil, gas, telecom (Jio), and retail spheres. Ambani lives at the famous Antilia building in South Mumbai and remains a huge player in the Indian economy.

2. Radhakishan Damani

Radhakishan Damani is the owner of the DMart chain of retail stores with a net worth of about 15-18 B. With his low-key lifestyle, Damani has become wealthier through investments and the development of retail outlets. He is one of the valued and tactical investors of India and is domiciled in South Mumbai.

3. Dilip Shanghvi

The founder of Sun Pharmaceuticals, which is one of the biggest drug companies in India, is Dilip Shanghvi. He is in the top five wealthiest individuals in the city with a net worth of about 26 billion. His drug kingdom is a major exporter of medical products in India and is still expanding its wings around the world through its base in Mumbai.

4. Cyrus Poonawalla

D. Cyrus Poonawalla is the chairman of the largest vaccine manufacturing company in the world, which is the Serum Institute of India. Even though the company is headquartered in Pune, Poonawalla and his family live and conduct most of their business in Mumbai. In 2025, his net worth will be about 25 billion dollars, mostly due to the international need for vaccines.

5. Kumar Mangalam Birla

Kumar Mangalam Birla is the chairman of the Aditya Birla Group, a mega giant company that is into cement, telecom, aluminium, and financial services. He is estimated to be worth 22 billion dollars. Birla Group goes way back to Mumbai and Kumar Mangalam is quite influential within the fraternity of both industry and academia.

6. Shiv Nadar

The founder of HCL Technologies, Shiv Nadar, has a net worth of 38 billion by 2025, which qualifies him as one of the wealthiest in India. HCL has its headquarters in Noida whereas Nadar holds various business establishments and property in Mumbai. He is also famous for his philanthropic activities organized by Shiv Nadar Foundation.

7. Savitri Jindal Family

The Jindal Group matriarch, Savitri Jindal, and her family have a combined net worth of 37 billion dollars. Her son Sajjan Jindal runs JSW Group, which has huge operations in Mumbai. They operate in cement, infrastructure, energy, and steel.

8. Jamshyd Godrej

Jamshyd Godrej is the managing director of Godrej Group of companies, also known as Godrej & Boyce, which is based in Mumbai. Being the owner of a net worth of approximately 11.1 billion, he is among the better-known in the manufacturing, appliances, and real estate business. The Godrej family is very historical in the business of Mumbai.

9. Mangal Bhadrak Lodha

Mangal Prabhat Lodha is a real estate tycoon and the founder of Lodha Group(Macrotech Developers). His net worth is 11-13.5 billion dollars, and he is a developer who is giving Mumbai an impressive skyline with luxurious residential and commercial projects. He is also a politician and a Maharashtra state legislature.

10. Harsh Mariwala

Harsh Mariwala is the founder and the current chairman of an Indian-based multinational FMCG company, renowned for its brands such as Parachute and Saffola, called Marico. His net worth is estimated to be 6.9 billion dollars. Mariwala has established an international competitor in the consumer goods business with a wide international presence, operating out of Mumbai only.

Honorable Mentions

Some of the other Mumbai-based billionaires just missed achieving the top 10. These are Pankaj Patel of Zydus Lifesciences (approx. 10.2 billion) and Leena Tewari, the chairperson of USV Pharma (approx. 2.6 billion). They are still making a huge contribution to the healthcare and pharma sector of India through Mumbai.

Conclusion

The richest in Mumbai control various industries that include petrochemicals, IT, pharmaceuticals as well as real estate. Mukesh Ambani can still be called the unquestioned leader with his grandiose business empire. The other business giants, such as Radhakishan Damani, Dilip Shanghvi, and Cyrus Poonawalla, have reinforced the position of Mumbai as a business powerhouse. These people do not merely form the basis of the Mumbai economy but also determine the global business status of India.