Mukesh Ambani tops Forbes' 100 richest Indians list, Patanjali's Balkrishna enters top 50

Patanjali's Acharya Balkrishna makes his debut on the list by taking the 48th spot

Reliance Industries Chairman Mukesh Ambani has grabbed the top most position in the Forbes' '100 Richest Indians' list with a net worth of $22.7 billion. This is the ninth year in a row that Ambani has topped the list. 

According to the annual India rich list released by the Forbes India, Mukesh Ambani holds the first position followed by India's richest pharmaceutical magnate Dilip Shanghvi at number two with a net worth of $16.9 billion.

His wealth fell by $1.1 billion along with a drop in the shares of his Sun Pharmaceutical Industries, the world's fifth-largest generics maker.

However, the third spot is bagged by the Hinduja brothers with a net worth of $15.2 billion, up from $14.8 billion last year.

Tech magnate Azim Premji, who has led Wipro for five decades, slips one spot to number four on the list with a net worth of $15 billion.

Construction magnate Pallonji Mistry takes the fifth spot with net worth of $13.9 billion. The steel baron Lakshmi Mittal ranks to number six with net worth of $12.5 billion.

Taking the seventh spot is the Godrej Family with net worth of $12.4 billion Indian tech pioneer Shiv Nadar, cofounder of HCL Group clocked in a net worth of $11.4 billion to grab the eighth rank Kumar Mangalam Birla comes in at ninth spot with net worth of $8.8 billion Cyrus Poonawalla is the 10th richest Indian with a net worth of $8.6 billion.

According to Forbes, Acharya Balkrishna, who holds about 97 per cent stake in Patanjali Ayurveda, has debuted on the list. While yoga guru Baba Ramdev is the face of the company, Balkrishna is the one who runs it. With a net worth of $2.5 billion, he was 48th on the list.