Top 7 richest people in Maharashtra: Mukesh Ambani tops list; not Tata or Adani, these are 2nd and 3rd families in…
GH News September 19, 2025 07:06 PM
Maharashtra is highest in India’s wealth map in 2025. Many powerful industrialists and entrepreneurs stay over here. Together these billionaires not only dominate business in the state but also influence  India’s economy as a whole. Collectively India’s billionaires now command over $1.1 trillion in wealth which is more than double what they held in 2019. Mumbai is the center of this wealth creation along with headquarters for giants like Reliance Industries Sun Pharma Aditya Birla Group DMart Kotak Mahindra Bank and Pidilite. These are Maharashtra’s Top 7 Richest People in 2025. 1. Mukesh Ambani – $119.5 Billion India’s richest man Mukesh Ambani who is also head of Reliance Industries tops the list. Reliance Jio alone has 490 million users and the group is now also betting on green energy. His three children oversee other businesses. Ambani’s wealth exceeds the combined GDP of Iceland Estonia and Bosnia & Herzegovina. 2. Dilip Shanghvi & Family – $32.4 Billion Shanghvi is the founder of Sun Pharma. He started with just $200 which was borrowed from his father in 1983. Sun Pharma is India’s largest listed pharmaceutical firm. After the acquisitions of Ranbaxy in 2014 it helped the group to grow. In 2025 his son Aalok became COO. 3. Radhakishan Damani & Family – $31.5 Billion Damani made a single outlet in 2002 into a retail empire with 375 stores in the country. Apart from retail he also owns the Radisson Blu Resort in Alibaug. In 2023 he purchased 28 luxury apartments in Mumbai for $155 million with his brother. 4. Kumar Mangalam Birla – $24.8 Billion He is the chairman of the Aditya Birla Group with a $66 billion conglomerate. It operates in 40 countries. Birla took charge at just 28 after his father’s death. The group handles cement aluminium financial services and telecom business. His children Ananya and Aryaman joined the board in 2023. 5. Cyrus Poonawalla – $24.5 Billion Founder of Serum Institute of India Poonawalla  became the world’s largest vaccine producer. They manufacture over 1.5 billion doses annually from Pune. His son Adar the CEO expanded operations during the pandemic by building a new vaccine plant. 6. Bajaj Family – $23.4 Billion The Bajaj Group is famous for its two-wheelers and financial services. After the passing of Rahul Bajaj in 2022 his sons Rajiv (Bajaj Auto) and Sanjiv (Bajaj Finserv) took the reins. In 2025 they consolidated their position by acquiring Allianz’s stake in their insurance ventures for $2.8 billion. 7. Shapoor Mistry & Family – $20.4 Billion Shapoorji Pallonji Group Mistry oversees one of India’s oldest businesses with deep roots in construction real estate and infrastructure. The family also holds a major stake in Tata Sons. After the passing of his father and brother Cyrus in 2022 Mistry has been focused on reducing the group’s debt through strategic asset sales.
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